Sugar and artificial sweeteners have been on a decline in recent years due to concerns around its affect on people's health. As a result, consumers are seeking zero calorie sweeteners that come from all natural sources. However, until recently, the major challenge with formulating new products with stevia has been its unique aftertaste. Using MycoTechnology's all-natural, non-GMO and chemical-free process on stevia, opens up new opportunities for product development that meets consumer demands.
Under the agreement, Nascent has the right to incorporate MycoZyme into the extraction process at its manufacturing facility with an option to process at MycoTechnology's Denver facility. The non-bitter stevia has immediate availability worldwide.