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

Seasonings Market (By Type: Oregano, Pepper, Cumin, Turmeric, Garlic, Cardamom, Paprika, Ginger, Cinnamon, Coriander, Cloves; By Application: Bakery & Confectionery, Frozen Foods, Savory Snacks, Beverages, Meat & Poultry) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction Consumer preference in house-produced food in unsustable economic conditions, the seasoning market is considered to be the recession-proof market. Seasoning is an essential element of cuisine, since it is responsible for adding aroma and taste. Seasoning is mainly used to enhance the food flavor in snacks. The seasoning market has increased dramatically as a result of

Fencing Market (By Product: Privacy Fencing, Picket Fencing; By Material: Metal, Wood, Plastic, Composite; By End User: Residential, Commercial, Agriculture) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Fencing is a kind of a structure or boundary that is utilized to encase a zone, typically worked from posts that are associated from wire, sheets, mesh or rails. Fences are utilized in zones, where untamed life or domesticated animals control is required or where access for individuals, should be limited. This is likewise utilized infringe security. Rising outskirt se

Anthocyanin Market (By Product: Cyanidin, Delphinidin, Malvidin, Pelargonidin, Peonidin, Petunidin; By End Use: Animal Feed, Cosmetics & Personal Care, Food & Beverage Industry, Nutraceutical Industry, Pharmaceutical Industry; By Source: Cereals, Flowers, Fruits, Legumes, Vegetables) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Anthocyanin is water-solvent phytochemicals with a regular red to blue shading. It is a flavorless and scentless flavonoid which is commonly found in leafy foods, for example, berries, cabbage, purple grapes and beets among others. Anthocyanin additionally goes about as a cancer prevention agent, hostile to unfavorably susceptible, calming, against microbial, and micr

Hand Dryers Market (By Product: Jet Air, Hot Air; By Operation Mode: Manual On-Automatic Off, Fully Automatic; By Mounting Technique: Surface Mounted, Wall Mounted; By End-use: Airports, Hotel & Restaurants, Hospitals, Offices, Shopping Malls, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The report provides analysis of global Hand Dryers market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. According to Acumen Research and Consulting, the global Hand Dryers market is expected to grow at noteworthy CAGR around 11 % throughout the forecast period and reach around US$ 1.9 billion by 2

Food Binders Market (By Product: Closed System, Open System; By Source: Plant, Animal, Hydrocolloids; By Application: Bakery & Confectionery, Beverages, Dairy & Frozen Desserts, Sports Nutrition, Processed Food, Sauces & Dressings, Meat Products) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The report provides analysis of global Food Binders market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. According to Acumen Research and Consulting, the global Food Binders market is expected to grow at noteworthy CAGR throughout the forecast period and reach demand around 210 Kilo Tons by 2026

Edible Oil & Fats Market (By Product: Edible Oil [Soybean, Coconut, Olive, Sunflower, Other], Edible Fat; By Distribution Channel: Online, Offline) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction Ester carboxylic acids and glycerols are edible oils and fats. At room temperature, oils are liquid, while at room temperature, fats are partially solid. Fats and oils are used to improve taste and texture in cooking. A growing demand for frying and processed food, an increasing number of restaurants, rapid food connections and the urbanization and increasing populati

Cart Summary