Shifting Global Consumer Preference for Natural Sweeteners Fueling Stevia's Multi-Million Dollar Market with Significant Growth Expected; Company Receives Several Purchase Orders
CORAL SPRINGS, Florida, May 17, 2016 /PRNewswire/ --
With consumers becoming increasingly more health conscious, the natural sweeteners market is reaping the benefits as the demand for sugar alternative rises. Experts are forecasting steady growth for stevia in the natural sweetener sector as consumers steer towards healthier options and away from traditional sugar and less effective sugar alternatives.
Reporting developments of importance regarding the natural sweetener industries in the markets today: Sunwin Stevia International, Inc. (OTC: SUWN), one of the top global suppliers of high quality stevia extracts including Rebaudioside A 98 and Rebaudioside A99, announced today that it has recently delivered several purchase orders for a total of 5 tons of stevia extracts in a value of excess $300,000. The clients are based in Asia and both North and South Americas. The delivered stevia extracts include both high grade stevia (Reb A: 95% to 99.8%) and low grade stevia (Reb A: 60% to 80%).
Read the full Sunwin Stevia (SUWN) Press Release at http://www.financialnewsmedia.com/profiles/suwn.html
Ms. Dongdong Lin, CEO of Sunwin Stevia stated, "We expect substantial growth in sales of our stevia extracts in the coming years, as we continue to develop new products for our global clients and expand our market reach worldwide. In the past two years, we have invested substantial capital and resources in R&D and production facilities. As of now, we focus on expanding our market share of stevia extracts in Asia, Europe, North America and South America. As we continue to expand our market efforts, we believe we will see substantial growth in our stevia extracts for years to come."
In other sector related developments and happenings: Archer Daniels Midland Company (NYSE: ADM) announced this week that it has acquired full ownership of Amazon Flavors, a leading Brazilian manufacturer of natural extracts, emulsions and compounds. ADM had previously owned a 40 percent equity stake in Amazon. "Brazil is a key market as we continue to grow our ingredient sales around the globe," said Vince Macciocchi, president of ADM's WILD Flavors and Specialty Ingredients business unit. "Brazil is the largest food and beverage market in South America, and we look forward to working with the Amazon Flavors team to ensure that we are the go-to source for Brazilian food and beverage customers."
Ingredion Incorporated (NYSE: INGR), together with its subsidiaries, manufactures and sells starches and sweeteners to various industries. The company in late April reported results for the first quarter 2016. "We delivered another strong quarter with solid operating income and earnings per share and continued progress on our strategic blueprint. Acquisition-related volume, more favorable price/product mix in both our specialty and core ingredients as well as margin expansion propelled by our global optimization efforts and Penford cost synergies all contributed to increases in operating income and earnings per share," said Ilene Gordon, chairman, president and chief executive officer. "As expected, North America, Asia Pacific and EMEA achieved solid operating income growth for the quarter while South American operating income was lower than the prior year as the region faced slowing economies and foreign-exchange headwinds. Read the full INGR report at: http://finance.yahoo.com/news/ingredion-incorporated-reports-strong-first-103202771.html
PepsiCo's Aquafina has unveiled two spots to promote its new line of naturally sweetened sparkling water. The launch of Aquafina's sparkling water campaign comes just days after Coca-Cola's (NYSE: KO) Dasani rolled out new packaging and flavors for its own sparkling water offering, which will be supported with a campaign called 'Break for Bubbles.' Source: The Drum.com
In other trading activity of interest in the Stevia sector, Stevia First Corporation (OTC: STVF) trading above the 3 month average volume closeing up slightly at $0.075 on over 396,000 shares traded by the close. Stevia First Corp. operates as an agricultural biotechnology company in the United States. The company develops proprietary fermentation technologies for production of stevia, an alternative sweetener.
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