Sweetener group PureCircle (LON:PURE) is building a new processing plant in Malaysia, which has the potential to double the group's stevia leaf extract production.
It will also have a production line specifically for the Zeta Family ingredients, which are for the firm's products like Reb M for fizzy drinks, which have the most sugar-like taste and allow for the biggest calorie reductions.
Chief commercial officer Jason Hecker said: "We are extremely excited about bringing this new plant online because the demand for stevia has increased dramatically over the last six years.
"More specifically, the demand for PureCircle's Zeta ingredients has grown exponentially. This plant will allow us to support the stevia industry in a way that is unmatched by other suppliers."
The state-of the-art facility is expected to cost $42 million and is expected to come online in early 2017.