S&W Seed Company. Stevia harvested, Coke and Pepsi on board.
Ian Gilson, CFA
The company has announced that the first crop of stevia leaf has been harvested and is drying prior to shipment to PureCircle. In that report S&W Seed (SANW) quoted industry sources as projecting a stevia penetration of the sweetener market at 20 to 25% and that stevia has exceeded $500 million in annual revenue and could exceed billions of dollars a year.
A report on the internet (http://health.yahoo.net/rodale/RH/the-4-best-and-3-worstsweeteners-to-have-in-your-kitchen) stated that Coke (COKE) and Pepsi (PEP) got the green light to use Pure Circle’s Truvia (the leading stevia sweetener).
To view our most recent research reports and subscribe to our daily morning email alert, visit http://scr.zacks.com/. Please emailscr@zacks.com with SANW as the subject to request a copy of the full research report.
Follow Zacks Small Cap Research on Twitter at Twitter.com/ZacksSmallCap
