Nowadays, most people try to adopt healthy lifestyles and food habits. Thus, they are more cautious about the nutritional values of the food they consume. Based on this trend, Archer Daniels Midland Company (ADM Quick QuoteADM - Free Report) , one of the top global food processing companies, collaborated with GLG Life Tech Corporation, a leading supplier of zero calorie natural sweeteners, to produce non-GMO stevia and monk fruit ingredients.

Per the agreement, GLG Corp. will produce a wide variety of low-calorie sweeteners from stevia and monk fruit, while Archer Daniels will market and distribute the components to food and beverage companies globally.

This arrangement creates a large number of opportunities for both GLG Corp. and Archer Daniels, and their valuable customers. 

The U.S. government is now asking companies to record the level of sugar content in their packaged foodstuffs, thus requiring food industries to use low-calorie sweeteners, per sources. This indicates a positive move toward reducing diabetes and other related diseases.

The demand for healthy and tasty food and beverages is increasing day by day, and we believe that these two corporations will satisfy the requirements of such consumers with strong commitments.

Currently, Archer Daniels carries a Zacks Rank #3 (Hold).

Stocks to Consider

Some better-ranked stocks in the same industry include Fresh Del Monte (FDP Quick QuoteFDP - Free Report) , sporting a Zacks Rank #1 (Strong Buy), and Calavo Growers (CVGW Quick QuoteCVGW - Free Report) and Ingredion Inc. (INGR Quick QuoteINGR - Free Report) , both carrying a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>