Founded in 2014 by Eran and Avraham Baniel, Incredo is led by Co-CEOs Kelly Thompson (Duffin) and David Tsivion, and has emerged as a leader in the food tech industry with its flagship product, Incredo Sugar. This clean-label sugar reduction solution decreases sugar content by up to 70% while maintaining the delicious taste of sugar consumers love.
TIME recognised Incredo Sugar in its Best Inventions of 2020, highlighting it as a major advancement in the quest for healthier food options, and enabling consumers to enjoy their favorite treats without compromise.
The Vision Behind Incredo
Co-CEO Thompson shares the philosophy driving their innovation: “We named our product Incredo® Sugar because it captures the essence of our vision: enjoying your favorite sweet treats without compromise.” This innovative solution enhances taste and promotes healthier consumption, aligning with the growing demand for better-for-you products. Incredo aims to redefine sugar consumption, making it easier for people to choose healthier options without sacrificing flavor.
Commitment to Health
Thompson reflects on her dedication to the food industry: “I’ve dedicated my entire career to the food industry, consistently focusing on innovation. The importance of reducing sugar intake and promoting healthier lifestyles cannot be overstated.” This deep commitment shapes Incredo’s mission to improve global nutrition and transform lives through better food options. The company focuses on health and wellness not just as a trend but as a fundamental part of its identity and goals.
Our Diverse Team
In general, Incredo operates from multiple locations, including laboratories in Texas and Israel, boasts a talented team of 33 professionals. This group of chemists, food technologists, engineers, and business strategists unites around a common goal: to innovate in food tech. Thompson highlights, “Our comprehensive team ensures we can address every aspect of our solution with precision, innovation, and effectiveness.” This collaborative environment emphatically fosters creativity and drives the development of cutting-edge solutions that meet consumer needs.
Target Market Strategy
Incredo strategically targets food manufacturers, bakeries, chefs, and chocolatiers, additionally positioning itself uniquely within a competitive landscape. Thompson explains, “Unlike other solutions, Incredo Sugar is labeled simply as ‘sugar’ because it is real sugar.” Therefore, this clean-label approach not only enhances transparency but furthermore appeals to health-conscious consumers who seek authenticity in their products. This clean-label advantage appeals to health-conscious consumers who seek transparency in their products. By emphasizing authenticity, Incredo Sugar stands out in a market often dominated by artificial sweeteners and complex ingredient lists.
Revenue and Reach
Incredo generates revenue through direct US and European sales, complemented by distributor partnerships. The company’s innovative products are already present in various offerings, including cookies, chocolates, snacks, and spreads, reflecting a broad market reach. This successful model not only enhances accessibility but also positions Incredo as a go-to solution for food manufacturers seeking to reduce sugar in their products without compromising taste. Consequently, it allows Incredo to effectively meet the growing demand for healthier alternatives.
Strategic Expansion Plans
During Incredo’s participation in SIAL Startup Village shows its commitment to expanding in Europe. Co-CEO Thompson says, “Especially we aim to showcase our innovative products and strengthen customer relationships.” This strategy seeks to boost brand awareness and generate leads for sustained growth. In 2024, Incredo plans to expand its product presence to meet the rising demand for low-sugar options. “With Incredo Sugar, we are committed to offering more reduced sugar products,” asserts Thompson, aligning with market trends and addressing health-conscious consumers.