Global Stevia Market to Witness CAGR of 8.3% in the Forecast Period of 2019 to 2026

Stevia Market is forecasted to grow at 8.3% for 2019 to 2026 with factors such as variation in the cost of the stevia leaf prices and availability of alternatives in the market is hampering the market growth.

Stevia market has shown a significant adoption rate and preferences from the Asia- Pacific region with countries like Japan, China and India. This is due to rising income of the consumers and growing demand for stevia in the region.

Stevia Market Scenario

According to Data Bridge Market Research the stevia market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing number of stevia based products, rising demand for natural sugar alternatives, growing demand from beverage industry and favorable rules & norms.

Now the question is which are the regions that stevia market players should target? Data Bridge Market Research has forecasted market leaders to target North America and Asia- Pacific developing regions to help them in attaining better volume of revenue generation.

Stevia market is becoming more competitive every year with powder which is currently being the largest market form for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the stevia market.

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Stevia Market Developments

RAY Health along with PureCircle announced the launch of their Stevia powered Zero Sugar branded Indian traditional sweets such as Ray Soan Papdi, Rasgullas and Gulab Jamun in March 2019.  The main aim of the launch is to offer the customers with the sweets which should have low calorie level and is beneficial for their health.

Scope of the Stevia Market

Stevia market on the basis of countries is segmented into U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.

  • All country based analysis of the stevia market is further analyzed based on maximum granularity into further segmentation. On the basis of form, the stevia market is segmented into powder, whole leaf, liquid and tablets. On the basis of application, the market is segmented into Industrial and domestic. The distribution channel segment of the market is divided into direct tenders and retail.
  • Stevia or stevia rebaudiana is a sweet tasting plant which is the part of the chrysanthemum family and are mainly used as a sweeteners and herbal supplements. They are widely used as a substitute of sugar in many beverages & foods. The calorie level of stevia is considerable low due to which they are widely used by diabetic patients. They helps in maintaining weight, contains many sterols & antioxidants compound which reduces risk of cancer, helps in control blood sugar level and they doesn’t cause any allergies or side effects.

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Key Pointers Covered in the Stevia Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Cargill, Incorporated
  • Ingredion Incorporated
  • Tate & Lyle
  • PureCircle
  • ADM
  • Biosweet Ventures
  • Hunan huacheng Biotech,Inc.
  • HYET Sweet.
  • Pyure Brands LLC
  • Sunwin Stevia International, Inc.
  • S&W Seed Co.
  • Whole Earth Sweetener Co., LLC

Above are the key players covered in the report, to know about more and exhaustive list of stevia companies, contact us

Research Methodology: Global Stevia Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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