Stevia supplier GLG Life Tech has said its business is likely to increase by 50 to 60 percent in 2011 compared to a year earlier, mainly due to increased demand in China.
Stevia supplier GLG Life Tech has signed a five-year deal with Sugar Australia for distribution and marketing of its stevia-derived sweeteners for the Australian and New Zealand food and beverage markets.
GLG Life Tech has reported a 323 percent increase in revenue during 2009 as food and drink manufacturers continue to develop and launch new products containing its stevia-derived sweeteners.