Company believes new US distribution centre will substantially improve the market penetration of stevia extracts in North America
Sunwin Stevia, one of the top global suppliers of high quality stevia extracts including Rebaudioside A 98 and Rebaudioside A99, has announced that Qufu Shengren Pharmaceutical Company, a wholly owned subsidiary of Sunwin Stevia, has entered an operation agreement to launch its US distribution centre for its high quality stevia extracts.
Under the terms of the agreement, Sunwin Stevia will be working with its US partner to develop a distribution centre in the US to better serve its clients in the US. The new distribution centre will allow Sunwin Stevia to store stevia extracts in the US warehouse and substantially shorten its shipping time for its clients and customers based in North America.
As many companies in the food and beverage industries are undergoing transformation to low or zero inventories, a new distribution centre in the US is essential for expanding distribution of stevia extracts in the US. In addition, the new US distribution centre will serve the South American markets as well.
Ms Dongdong Lin, CEO of Sunwin Stevia, stated: 'In the past 3 years, we have been consistently increasing our sale of stevia extracts in the US. However, one of the barriers of market penetration has been shipping time. It usually takes up to 60 days to deliver our stevia extracts to the US after we receive an order. Having launched our US distribution centre, it will take a day or two to deliver our stevia extracts to our clients and customers in North America. We believe our new US distribution centre will substantially improve the market penetration of our stevia extracts in North America for years to come.'