Benecol buys into Thailand
Finnish group Raisio has entered Thailand- its third Asian market - following a deal with a Thai-based company that will see its cholesterol-lowering, plant stanol ingredient featuring in a beverage targeting increasing numbers of obese consumers.
Hearti Benecol will sell in mainstream retail outlets in the country's major cities, a process facilitated by the distribution network of its local partner, Saha Pathanapibul. The product will be backed by a major promotional and education campaign that included cooperation with the Heart Association of Thailand.
Raisio, which recently had its ingredient approved in China, said other Asian countries would follow.
“Experience has shown that the first player on the market creates a whole new category and often achieves a significant market position,” said Raisio CEO, Matti Rihko.
