Sweetener producer set to update on growth in demand
Stevia is used in soft drinks such as Coke Life
Investors will be interested to know how the market for sugar substitute stevia is progressing when PureCircle Limited (LON:PURE) reports final results on Tuesday.
Analysts expect PureCircle to update on growth in demand for sweetener derived from the leaf, which is used in soft drinks such as Coke Life and a range of foodstuffs.
Only a relatively small amount of stevia sweetener is needed to achieve the same effect as sugar, making it a healthier alternative.
Broker Numis Securities noted that stevia has now been approved for use in India and Brazil.
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SOURCE: Proactive Investors
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