Lorenz, a company within the GTF group and Brazil’s largest cassava processor, projects ending 2026 with R$ 420 million in revenue and maintains a strategic growth plan aiming to reach R$ 1.2 billion in revenue by 2032.
This expansion will be driven by investments in industrial modernization, the development of new specialty starches, increased exports, and potential acquisitions over the coming years.
The company's performance reflects a favorable landscape for the cassava supply chain in Brazil. Crop productivity rose by approximately 20% compared to the same period the previous year, increasing the supply of raw material for the industry.
According to the company, higher crop yields resulted in greater availability of roots for processing, directly benefiting Lorenz's operations; the company currently operates four processing plants and processes approximately 25,000 tons of cassava per month.
Aleksandro Siqueira, Lorenz’s Director of New Business, highlighted that the company has experienced a consistent growth cycle since GTF acquired the former Cia Lorenz ten years ago.
In 2016, the operation’s revenue stood at R$ 35 million. By 2025, revenue had reached R$ 385 million—a more than tenfold increase over the period.
“The projection for this year is to reach R$ 420 million in revenue and continue growing at a double-digit rate through 2032. Our strategic plan targets reaching R$ 1.2 billion, driven by modernization, organic growth, innovation, and international expansion,” stated Siqueira.
The company expects revenue to grow by at least 12% and sales volume by approximately 10% in 2026. This strategy relies primarily on rising global demand for plant-based products, clean-label ingredients, and healthier food solutions.
The company has been expanding its portfolio of specialty starches aimed at both the food sector and industrial applications. Highlights include solutions for processed meats, oil reduction in mayonnaise, partial gelatin replacement in gummy candies, and plant-based adhesives for biodegradable packaging.
International Market:
According to Siqueira, cassava-based products have become more competitive internationally due to rising production costs in Europe and increased freight rates from Asia—specifically Thailand and Vietnam, which are traditional global starch suppliers.
“Consumers are increasingly looking for plant-based products with less sugar, less sodium, and healthier ingredients. Cassava meets this exact demand, and Brazil is establishing itself as a strategic supplier to the global market,” he said.
Lorenz currently exports to over 40 countries. Markets showing the most growth include Colombia, Mexico, the United States, Argentina, Paraguay, Venezuela, and North African nations. The processed meat segment drives the highest international demand, particularly in Latin American markets. Another factor driving the company's international expansion is the consolidation of global certifications for its industrial plants—including BRC, IFS, Halal, Kosher, and SMETA—which focus on quality, food safety, social responsibility, and sustainability.
Source: CNN Brasil – click here