
PureCircle, a global supplier of stevia products, entered into a joint venture with Coke in 2012 to create “a stevia sweetener product as a commercially viable food ingredient” and a planned five-year supply agreement with the cola giant. Coke currently uses stevia, a natural zero-calorie sweetener, in a few of its beverages overseas, including a cola called Coke Life, which the company is test marketing in Argentina.
While the company has announced no plans to introduce stevia into any of its domestically sold drinks, Coke and other CSD manufacturers continue to face a steady decline in consumption of highly-sweetened, high-calorie sodas, and an even steeper drop in sales of artificially-sweetened diet colas.

Pure Circle produces and markets a number of stevia ingredients including one called Stevia 3.0, “which optimizes taste in stevia-sweetened foods and beverages” according to the company. In its statement, Jason Hecker, Vice President Global Marketing & Innovation, Pure Circle said that the company has established “ongoing investment in supply chain assets and leaf development are in place to support the commercialization of Reb M… and are excited by the opportunities Reb M presents for success within the framework of our Stevia 3.0 capabilities.”