Food & Beverages

GLG LIFE TECH CORP.

Company Profile Analysis

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GLG LIFE TECH CORP. - Food & Beverages showcase

Year Founded & Workforce

1998-12-31

89 Employees

Industry

Food & Beverages

Services

G

GLG LIFE TECH CORP. Overview

Company Headquarters: Richmond, Canada

Founded: 1999

Workforce: ~89

Company Working: GLG LIFE TECH CORP. is a vertically integrated manufacturer of functional ingredients and zero-calorie natural sweeteners. The company offers natural sweeteners such as monk fruit extract, and high-grade stevia extract. GLG LIFE TECH CORP. conducts R&D, cultivating, production, and refining of these extracts for the supply to the food and beverage sector across the globe. The company markets its products under the brand name of BlendSure, Pure STV, TasteBoost, ClearTaste, AnySweetPLUS, Monk Gold, Monk Sweet, and Rebsweet. The company also conducts plant and seed development, monk fruit, and stevia leaf processing, along with purification processes in China. Apart from Canada, GLG LIFE TECH CORP also has a business presence in the US. and China.

Strategy

GLG Life Tech Corporation is focusing on innovation strategies to improve the qualities of its offerings such as monk fruit, and stevia proprietary plants, purification, and extraction plants. The company is serving its consumers for the past 15 years with a continuous supply of high-quality, and best ingredients for various applications. The company maintains a high level of training certifications, and safety practices and measures in the industry. The company is also focused on developing and marketing unique and different products and formulations involving stevia, monk fruit, and other natural ingredients in the international food and beverage industry sector.

Company Snapshot

$114,020M

Revenue

89

Employees

1998-12-31

Founded

Richmond, Canada

Headquarters

SWOT Analysis

Strengths

  • GLG holds multiple patents in agriculture & processing and is the world’s largest processing capacity for stevia and monk fruit natural sweeteners.
  • Food Safety & Quality Assurance (QA) is a top priority for all GLG’s operating subsidiaries

Weaknesses

  • The company performance in recent year has not been at par.
  • The company is heavily reliant on the production and distribution of stevia, monk fruit, and related products. If they do not achieve sufficient market acceptance, it will be difficult for the company to achieve consistent profitability

Opportunities

  • The company is expecting to continue to expand their business to meet the expected growth in demand for stevia, as well as monk fruit.
  • Upgradation of technologies could be one of the opportunities for the organizations.

Threats

  • These competitors may have significantly greater financial, technical and marketing resources, and may have a more established customer base.

Key Developments

DateApproachDevelopment
February 2018CollaborationGLG Life Tech Corporation has made a strategic collaboration with ADM, to launch its innovative portfolio of stevia extracts, under the brand name Reb M.

Product Offering

  • GLG LIFE TECH CORP.
    • Global Sugar Reducing Ingredients Market
    • Stevia
    • Organipure
    • Blendsure
    • Rebpure
    • Rebsweet
    • Anysweet PLUS
    • Pure STV
    • TasteBoost
    • Sugar Reducing Ingredients Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles GLG LIFE TECH CORP. as part of our ongoing coverage of the Food & Beverages sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

GLG LIFE TECH CORP.

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