Asia-Pacific Stevia Market – Industry Trends and Forecast to 2026

  • Food & Beverage
  • Published Report
  • Mar 2019
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 23
  • No of Figures: 86

Asia-Pacific Stevia Market By Form (Powder, Whole Leaf, Liquid, Tablet), Application (Industrial, Domestic), Distribution Channel (Direct Tenders, Retail), Country (China, Japan, India, Australia, South Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific) – Industry Trends and Forecast to 2026

The carbonated beverages and foods are flavoured, artificial coloured, sweetened carbonated and preserved with chemicals. The majorly used ingredients in the carbonated food and drinks are sugar. The rising consumption of the sugar leads to serious illness such as obesity and diabetes amongst the population. Rising health concern amongst the population is increasing the preference towards low calorie sugar based products and organic ingredients in their daily intake. Various types of sugar substitutes are available such as Aspartame which cannot sustain at higher temperature whereas saccharin has certain limitation from Food and Drug Administration (FDA). The stevia extracted sweetener Reb A is generally recognized as safe (GRAS) for their usage in the foods and beverages industry.

Asia-Pacific stevia market is expected to grow with a healthy CAGR in the forecast period of 2019 to 2026.

Segmentation: Asia-Pacific Stevia Market

Asia-Pacific stevia market is segmented based on form, application and distribution channel.

  • On the basis of form, the market is segmented into powder, whole leaf, liquid and tablets.

    • NOW Foods (U.S.) offers BetterStevia Extract Powder which is in pure organic with zero-calorie, low glycemic certified organic sweetener substitute for table sugar and artificial sweeteners.
    • In October 2017, Ingredion Incorporated (U.S.), announced the launch of VERSASWEET which is low-sugar glucose syrup, introduced in U.S. and Canada. The syrup is designed for the dairy, confectionery, baked good and ice creams to achieve reduced grams of sugar

  • On the basis of application, the market is segmented into Industrial and domestic.

    • In February 2018, GLG Life Tech Corporation and Archer Daniels Midland Company (U.S.) introduced their product high Reb M Dream Sweetener Stevia Leaf with the high Reb M.  The product provides the clean and smooth sweetness in food and beverages products.

  • On the basis of distribution channel, the market is segmented into direct tenders and retail.

    • In July 2017, PureCircle (Malaysia) unveiled the new stevia leaf-based flavor enhancers which ensure food and beverages companies to produce product and cost effective price in vanilla and cocoa flavors.

Competitive Analysis: Asia-Pacific Stevia Market

Some of the major players operating in this market are Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle, PureCircle, Archer Daniels Midland Company, BIOSWEET VENTURES, GLG LIFE TECH CORP., Hunan huacheng Biotech,Inc., HYET Sweet, Morita Kagaku Kogyo Co., Ltd., Pyure, S&W Seed Co., Stevita, Sunwin Stevia International, Inc., Whole Earth Sweetener Co., LLC, ZHUCHENG HAOTIAN PHARM CO. LTD among others.

Product Launch

  • In March 2018, Wisdom of the Ancients. (U.S.) announced the launch of six herbal beverage blends. The six herbal beverages blends are organic, unsweetened tea made from yerba maté leaves. The herbal blends are formulated with the stevia as a sweetening agent and with exotic flavor. Growing healthy diets and demand of the herbal tea and beverages leads the company to shift towards the stevia sweeteners and their products.
  • In June 2017, Zyduswellness (India) announced the launch of Sugar Free Green which are available in pallets and powder form and can be used in the beverages and desserts for adults and kids. The launch of the tablets and powder with the stevia ingredients and demand of sugar free foods and beverages leads the growth of stevia in the upcoming year.

Research Methodology: Asia-Pacific Stevia Market

Primary Respondents:

Key Opinion Leaders (KOL’s): Manufacturer, Healthcare Professionals, Industrialist, Distributors.

Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.


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LIST OF TABLES ASIA PACIFIC STEVIA MARKET

TABLE 1 ESTIMATED NUMBER DIAGNOSED AND UNDIAGNOSED DIABETES AMONG ADULTS AGED ≥18 YEARS, UNITED STATES, 2015 TABLE 2 ESTIMATED (AGE-ADJUSTED) PERCENTAGE OF U.S. ADULTS WITH OVERWEIGHT AND OBESITY BY SEX, 2013–2014 NHANES DATA TABLE 3 CONDITIONS FOR THE USE OF STEVIOL GLYCOSIDES AS A FOOD ADDITIVES IN CANADA TABLE 4 TABLE 2 TIMELINE FOR REGULATORY MILESTONES RELATED TO STEVIA TABLE 5 ASIA PACIFIC STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 6 ASIA PACIFIC POWDER FROM IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 7 ASIA PACIFIC WHOLE LEAF FORM IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 8 ASIA PACIFIC LIQUID FORM IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 9 ASIA PACIFIC TABLETS FORMS IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 10 ASIA PACIFIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 11 ASIA PACIFIC INDUSTRIAL APPLICATION IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 12 ASIA PACIFIC INDUSTRIAL APPLICATION IN STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 13 ASIA PACIFIC DOMESTIC APPLICATION IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 14 ASIA PACIFIC DOMESTIC APPLICATION IN STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 15 ASIA PACIFIC STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 16 ASIA PACIFIC DIRECT TENDERS DISTRIBUTION CHANNEL IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 17 ASIA PACIFIC RETAIL DISTRIBUTION CHANNEL IN STEVIA MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 18 ASIA PACIFIC RETAIL DISTRIBUTION CHANNEL IN STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 19 ASIA-PACIFIC STEVIA MARKET, BY COUNTRY, 2017-2026 (USD MILLION) TABLE 20 ASIA-PACIFIC STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 21 ASIA-PACIFIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 22 ASIA-PACIFIC INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 23 ASIA-PACIFIC DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 24 ASIA-PACIFIC STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 25 ASIA-PACIFIC RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 26 JAPAN STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 27 JAPAN STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 28 JAPAN INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 29 JAPAN DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 30 JAPAN STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 31 JAPAN RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 32 CHINA STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 33 CHINA STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 34 CHINA INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 35 CHINA DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 36 CHINA STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 37 CHINA RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 38 INDIA STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 39 INDIA STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 40 INDIA INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 41 INDIA DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 42 INDIA STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 43 INDIA RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 44 SOUTH KOREA STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 45 SOUTH KOREA STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 46 SOUTH KOREA INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 47 SOUTH KOREA DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 48 SOUTH KOREA STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 49 SOUTH KOREA RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 50 AUSTRALIA STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 51 AUSTRALIA STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 52 AUSTRALIA INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 53 AUSTRALIA DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 54 AUSTRALIA STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 55 AUSTRALIA RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 56 THAILAND STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 57 THAILAND STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 58 THAILAND INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 59 THAILAND DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 60 THAILAND STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 61 THAILAND RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 62 MALAYSIA STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 63 MALAYSIA STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 64 MALAYSIA INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 65 MALAYSIA DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 66 MALAYSIA STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 67 MALAYSIA RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 68 INDONESIA STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 69 INDONESIA STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 70 INDONESIA INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 71 INDONESIA DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 72 INDONESIA STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 73 INDONESIA RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 74 SINGAPORE STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 75 SINGAPORE STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 76 SINGAPORE INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 77 SINGAPORE DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 78 SINGAPORE STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 79 SINGAPORE RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 80 PHILIPPINES STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION) TABLE 81 PHILIPPINES STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 82 PHILIPPINES INDUSTRIAL STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 83 PHILIPPINES DOMESTIC STEVIA MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 84 PHILIPPINES STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 85 PHILIPPINES RETAIL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2017-2026 (USD MILLION) TABLE 86 REST OF ASIA-PACIFIC STEVIA MARKET, BY FORM, 2017-2026 (USD MILLION)

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