SUBSCRIBE

Breaking News on Food & Beverage Development - North AmericaEU edition | Asian edition

News > Markets

Fermented stevia: Cargill and Evolva hit ‘technical milestone’

Fermented stevia: Cargill and Evolva hit ‘technical milestone’

Cargill and Evolva Holding SA have announced the achievement of a technical milestone in their joint development program of fermentation-based minor steviol glycosides - the compounds responsible for the sweet taste in the stevia leaf.

The milestone is an enabling step in bringing additional great tasting stevia-based sweeteners to market in a cost effective and sustainable way for food and beverage manufacturers.

As a result of the achievement Cargill will make a USD $1 million milestone payment to Evolva. 

"The Cargill and Evolva teams are making excellent progress in a great spirit of cooperation. We are working hard to bring the project forward to the next important milestone,” said Neil Goldsmith, CEO of Evolva

In 2013, Cargill and Evolva entered into an agreement to jointly develop and commercialise fermentation-based minor steviol glycosides. Later in 2013 the companies announced that their program was moving into pilot-scale ahead of schedule.

Evolva is eligible for total milestone payments of up to USD $7.5 million during the R&D period.

"We are encouraged by this project’s trajectory. We look forward to offering cost-effective, great tasting, minor steviol glycosides in the market in the near future,” commented David Henstrom, global business director for Health Ingredients at Cargill.

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Key Industry Events

 

Access all events listing

Our events, Events from partners...