Stevia Products Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Consumer Goods and Food and Beverages | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC473

Introduction

Stevia is a sugar substitute and better known as a sweetener and is extracted from the leaves of plant species stevia rebaudiana. It is been used as a dietary supplement over years. The dynamic mixes of stevia are steviol glycosides (primarily stevioside and rebaudioside), which have up to 150 times the sweetness of sugar and are warm steady, pH-stable, and non fermentable. The taste of stevia has a slower beginning and longer span than that of sugar, and some of its concentrates may have an astringent or licorice-like persistent flavor at high fixations. They are used as sweetness enhancing ingredient in various products by many food and medicine producing companies.

Market Dynamics

The market for stevia products has grown wisely owing to the increasing health concerns such as diabetes, blood pressure, pancreas cancer, allergies etc.  The natural sweetening property of stevia is beneficial for individuals those prefer naturally sourced nourishment and drinks. The low-calorie composition of Stevia makes it an invigorating option for diabetes control or weight reduction. At present, more than 5,000 nourishment and drinks across the globe use stevia as a sweetening ingredient. Stevia sweeteners are utilized as a fixing in items such as ice-cream, desserts, sauces, yogurts, pickled foods, bread, soft drinks, chewing gum, candy, seafood, prepared vegetables etc. across Asia and South America.

Stevia is a best alternative for sugar and is cost-effective as it can be easily cultivated, with no side effects. They are likely to be preferred by consumers and vendors those are looking for alternatives for sugar. The improvisations in making stevia ready to use has resulted in bettering its taste, which is further expected to drive its acceptance among end users. There are several new products launched by stevia producers in the market, thus offering a broader view of the market's growth in the coming period.

Market Classification and Overview

The uses of stevia vary according to the application and requirement. The stevia products market can be bifurcated into end user, form factor, application and geography. On the basis of end user, the market is classified into individual consumers, professional chefs and bakers, edible product manufacturers and others. Based on form factor, the worldwide stevia product market can be classified into liquid, powder, and leaf. Stevia market can be bifurcated on the basis of application into food, beverages, medicines etc. On the basis of geography, the market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

 Stevia Products Market

Analysis Period

2014 – 2024

Historic Data

2014 – 2015

Base Year

2016

Forecast Data

2017 – 2024

Market Stratification

End User, Form Factor, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

There are many companies now recogonised as stevia producers such as Cargill, PureCircle, Tate & Lyle, GLG Life Tech, SweetLeaf, Ingredion Inc. Stevia Corporation, and others.

Market Segmentation

Market By End User

·         Individual users

·         Professional chefs and bakers

·         Edible product manufacturers

·         Others

Market By Extract

·         Liquid

·         Powder

·         Leaf

Market By Applications

·         Pharmaceuticals

·         Beverages

·         Food

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o    Rest of MEA


Related Reports

Collagen Market (By Product: Gelatin, Hydrolyzed collagen, Native collagen, Others; By Application: Food & Beverages, Healthcare, Cosmetics, Others; By Source: Bovine, Porcine, Poultry, Marine, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global collagen market size is projected to register around USD 6.7 billion by 2026, this market is anticipated to grow with 6.5% CAGR during the forecast time period. Market Dynamics Rapidly developing need for collagen in end-use applications is one of the

Gelatin Market (Type: Skin Gelatin, Bone Gelatin, Halal Gelatin Type; Application: Pharmaceutical, Edible, Photographic) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Introduction Gelatin is a characteristic protein that is received from fractional hydrolysis of collagen which exists in the bones and skin of animals. The most well-known sorts of gelatin are made from porcine skin, bovine hide and bovine bone. Gelatin has special qualities that make it particularly helpful as a binder, gelling agent, thickener or emulsifier. According to the Brit

Modified Starch Market (By Product - Starch esters & Others, Resistant, Cationic, Pre-gelatinized, Others; By Function - Stabilizers, Thickeners, Emulsifiers, Binders, Others; By Material - Corn, Cassava, Wheat, Potato, Others; By Application - Food & Beverage, Animal Feed, Paper, Pharmaceuticals, Textiles, Others) - Global Industry Size, Share, Trends and Forecast 2018 - 2026

Introduction The global Modified starch Market is project worth $16Billion by 2026 and the market is projected to showcase 6.0% CAGR during the forecast period. The market is driven by Increasing need for convenience food and speedily emerging pharmaceutical industry in APAC region are expected to drive modified starch market growth across the global.

Seasonings and Spices Market (By Product - Herbs [Rosemary, Fennel, Garlic, Mint, Parsley, Oregano, Others], Salt & Salt substitutes, Spices[Pepper, Ginger, Cinnamon, Cumin, Turmeric, Cardamom, Coriander, Cloves, Others]; By Application - Bakery & Confectionary Products, Meat & Poultry Products, Frozen Food, Soups, Sauces & Dressings, Beverages, Others) - Global Industry Size, Share, Trends and Forecast 2018 - 2026

Introduction The global seasonings and spices market is project worth $21.2 Billion in 2026 and the market is projected to showcase 4.2% CAGR during the forecast period. The market is driven by changing taste preferences of consumers Market Dynamics Varying taste preferences of customers

Portable AC Market (Type: Portable Air Conditioner For Small Room, Portable Air Conditioner For Medium Room, Portable Air Conditioner For Large Room; Application: Residential Care Facilities & Apartment Communities, Factories & Warehouses, Medical & Hospitals, Equipment & Server Rooms, Other) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Introduction A portable AC (PAC) is an independent compact framework perfect for cooling single rooms. They normally sit on the floor and accompany an establishment unit for speedy set up. Most models likewise have wheels so you can move them to various rooms, making them a decent option in contrast to window units. Necessities differ dependent on the models however set up is no

Algae DHA Market (Type: DHA Powder, DHA Oil; Application: Infant Formula, Nutritional Supplements, Food & Beverage, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Introduction DHA (Docosahexaenoic Acid) is a supplement derived from algae and is one of the two important fatty acids found in fish oil - the other is EPA (Eicosapentaenoic Acid). DHA, with molecular formula C22H3202, is a primary structural element of the human brain, cerebral, skin, sperm, testicles and retina that require important component which is omega-3 fatty acid, also

Cart Summary