Corbion Nv · EURONEXT:CRBN
Corbion Nv — Investor Day (2013)
13 slides from Corbion Nv's investor day presentation, 2013
Slide 1: Meat Segment
Corbion MEAT SEGMENT F BERT DE VEGT
Slide 2: Meat segment today
Meat segment today We are the global leader in natural preservation for the meat & poultry industry, with 2012 sales of € 138 million, a market share of 49% 2
Slide 3: Core strengths
Core strengths Enabling factors Competitive advantages in marketplace • Key fermentation-based proprietary • Overall market leader, especially in technology platforms natural meat preservation • Leading expertise in meat • Broad preservation portfolio covering preservation applications a variety of
Slide 4: Meat preservation product portfolio
Meat preservation product portfolio 4
Slide 5: Customer benefits
Benefit Shelflife Food safety Lower cost Clean label Sodium reduction Commercial value Supply chainsavings, reduced waste Brand image, brand protection Cost saving inuse Consumer spend, consumer loyalty Consumer spend, consumer loyalty
Slide 6: Meat ingredients market
Meat ingredients market With the transformation from a preservation company into a food integrity company, Corbion will enlarge the playing field 6
Slide 7: Market trends
Market trends Meat preservation growing faster than overall meat market because of • Increasing demand for convenience products • Meat industry looking to reduce waste Mature markets • Move towards natural clean label offerings • Increased purchasing power and adoption of Western food culture • With
Slide 8: Market trends
Market trends Recent years have seen increasing market polarization in USA and EU • Despite recession, still large consumer groups looking for more premium products Premium • Clear consumer demand for naturalness and authenticity – clean label segment opportunity • Pressure on consumers’ budgets dur
Slide 9: Regaining lost ground in North America
Regaining lost ground in North America Decline in North America in 2010-2012 Corbion LCIU portfolio available and • Changes in USDA regulations in 1Q11 rolled out to • Shift towards low-cost-in-use • Protect against down-trading chemical preservatives in economy • Regain part of lost business segmen
Slide 10: Growth strategy
Growth strategy Protect the core business • Offer customers Low Cost in Use alternatives, expand portfolio • Expand market share via wider tailored application service Innovation and new products pipeline • Further expand portfolio of clean label products • Develop products for surface treatment of
Slide 11: Innovation in clean label products
Innovation in clean label products • Clean label products are natural ferments derived from sugars • Macro-trend of natural & authentic driving clean label adoption • Innovation efforts in clean label products are being converted into strong sales growth from a small base 11
Slide 12: Food integrity opportunities in the meat sector
Food integrity opportunities in the meat sector Opportunities Investments required • Clean label solutions beyond • Application of blending knowledge from preservatives Caravan Ingredients • Color stability solutions • Innovation resources • Meat structure improvement, e.g. tenderness enhancement •
Slide 13: Key takeaways
Key takeaways • We are the global leader in natural preservation for the meat industry • We are increasingly successful in offsetting the impact of US legislation change - Regaining lost ground in the economy segment with our LCIU portfolio - Growing in the premium segment • Food Integrity Ingredien