ADM Opens $30M Production Probiotics Facility in Spain
Archer Daniels Midland (ADM) announced it has opened its new $30 million state-of-the-art production facility in Valencia, Spain, to help meet growing demand for probiotics, postbiotics and other health and wellbeing products.
This facility will expand ADM’s production capacity by a factor of five, bringing output to 50 metric tons per year, allowing the company to supply growing demand in major markets including the U.S., Asia-Pacific, and Europe. And as knowledge increases about the connection between gut biomes and other aspects of health, ADM expects its customer base to triple over the next five years.
This facility will also be the first in the world to produce probiotics and postbiotics at the same location, accelerating ADM in its strategic goal of increasing its health and wellness revenue from more than $500 million in 2022 to $2 billion within 10 years.