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Enter Symbol
or Name

Naturally Splendid Enterprises Ltd
Symbol NSP
Shares Issued 51,705,633
Close 2015-05-29 C$ 0.50
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Naturally Splendid forms bulk ingredient division

2015-05-29 19:50 ET - News Release

Mr. Craig Goodwin reports


Naturally Splendid Enterprises Ltd. has officially launched its new, plant-based bulk division, BCI (also known as BC Ingredients). Many of the ingredients will be manufactured by partner POS Bio-Sciences in its BPC facility located in Saskatoon, Sask. The website for BCI will be live on Monday, June 1, 2015.

BCI's specially selected plant-based extracts, oils and powders provide nutrient-dense, rich-flavour profiles cultivated from around the world. Combined with NSE's research and development alliance with POS Bio-sciences, BCI can further refine and formulate these extracts to be integrated into foods, beverages, cosmeceuticals, livestock feed, pet foods and more.

The strategic launch of BCI by NSE is to capture a new and emerging bioactive ingredient market. Examples of bioactive ingredients are proteins, plant extracts, minerals, vitamins and fibres, and applications can include, but are not limited to, functional foods, beverages, animal nutrition, personal care and livestock feed. Bioactive ingredients address the growing awareness of consumers wanting to eat functional foods and beverages or personal care items rather than suffer from pill fatigue. According to Markets and Markets: "These ingredients are essential for various health purposes and help to prevent chronic diseases that typically occur due to lack of nutrients in the body. According to the report, the bioactive ingredients market is estimated to grow from $23.8-billion in 2013 to $33.6-billion in 2018 at a [compound annual growth rate] of 7.2 per cent from 2013 to 2018." This demand can be met, and the expectation can be exceeded with BCI's lineup of high-quality, plant-based, bioactive ingredients.

HempOmega, BCI's flagship ingredient, is a homogenous, water-soluble powder that is extracted from 100-per-cent non-genetically modified organism Canadian hemp seeds using NSE's proprietary microencapsulation technology. HempOmega is a value-added ingredient capable of meeting and exceeding the demand for sustainable plant-based omegas, and boasts versatility, an incredible nutritional profile, and both planet and biosustainability. In addition, high-quality hemp-based proteins will also be available through BCI. The global protein market is expected to reach $24.5-billion in 2015, with the greatest annual growth occurring in the plant-protein ingredient sector. There is an increasing number of plant-based protein sources being introduced into the marketplace that offer quality nutrition, taste and sustainability unlike their meat-based counterparts.

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