Stevva's entrance into the market is well timed, as the industry ramps up production of Stevia due to growing demand and supply shortages.
Stevia has high sweetness and zero calories, making it a desirable sweetener with a global demand. According to WHO estimates, Stevia has the potential to replace 20-30% of all dietary sweeteners in the coming years—with the expectation of becoming a market leader within the approximately $10 billion non-sugar sweetener industry.
Stevva, a wholly owned subsidiary of Homie Recipes, Inc. (HOMR), works hand in hand with producers and other links in the Stevia supply chain to promote the use of sustainable practices at each step of the production and distribution process.
We are entering a market in which global acceptance of Stevia is widening and the industry reports phenomenal growth. In addition to beverages, Stevia stands to become the high-intensity sweetener of choice for a wide range of uses.
Stevia is grown best in semi-humid, sub-tropical climates with long days of sunshine. Stevva grows Stevia in Giannitsa, Greece, where the climate, soil conditions, and work force are ideal for cultivating this sweet plant.
The food processing industry, consumers, and even related industries such as medicine and pharmaceuticals are looking for a viable sweetening option such as Stevia. Although sugar (a.k.a., sucrose) has traditionally dominated the sweetening market, its importance is getting reduced due to the soaring rates of health issues such as diabetes and obesity—and the resulting consumer demand for healthier alternatives to sugar.