TopGum’s new $30 million gummy supplement plant will triple firm’s production capacity
Located 1.5 hours south of Tel Aviv, the 11,000-sq-m plant is scheduled to be fully operational by mid-2023.
Photo from TopGum Industries Ltd.
TopGum Industries Ltd. (Tel Aviv, Israel) is investing US$30 million to build a new manufacturing plant to triple its production capacity for gummy dietary supplements. Located 1.5 hours south of Tel Aviv, the 11,000-sq-m plant is scheduled to be fully operational by mid-2023.
The new plant will join the company’s existing manufacturing plant and will be equipped with robotics and automated systems. “The deployment of such state-of-the-art systems will not only triple our production capacity but also will raise the quality of the gummy supplements a level higher,” said Amichai Bar-Nir, TopGum’s CEO, in a press release. “We will continue to channel investment in manufacturing and packaging infrastructure together with automation systems to constantly improve production efficiency and technological superiority.”
TopGum continues to innovate in the gummy delivery space. Last year, the company introduced Gummiceuticals, its line of patent-pending, sugar-free vegan gummy supplements made with prebiotic fiber. The company says sugar reduction is a leading trend in gummy supplements.
Demand for gummy supplements continues to rise significantly, with TopGum citing Innova Market Insights data showing that gummy supplement sales grew by a 16% CAGR between 2016-2020.
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