GWI Named North American Distributor for Chenguang Biotech's Stevia
GWI already supplies green coffee bean, grape seed, lutein, lycopene, and red yeast rice from Chenguang Biotech.
GWI (La Mirada, CA) is now the exclusive North American stevia distributor for China-based herbal extracts supplier Chenguang Biotech. Chenguang operates 12 agricultural facilities worldwide.
GWI says the global stevia market stood at $304 million in 2012 and is expected to grow to $409 million by 2016, according to market researcher Zenith International.
Chenguang’s president Qingguo Lu says the company has already grown its stevia market share in Asia and is now looking to expand to the U.S.
GWI already supplies green coffee bean, grape seed, lutein, lycopene, and red yeast rice from Chenguang Biotech.
The Nutritional Outlook Podcast Episode 33: Keeping up with contract manufacturing
July 26th 2024Nutritional Outlook talks to Lauren Samot, commercial innovation leader, and Blayney McEneaney, sales executive at Vitaquest International, about trends within the contract manufacturing space, and the ways in which contract manufacturers like Vitaquest keep up with the market and differentiate themselves from the competition.
