Vancouver, BC -- (SBWire) -- 03/05/2021 --Stevia Market will be worth USD 1,185.0 million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing awareness among consumers regarding the adverse effects of sugar on health. Rising obesity and diabetes, coupled with the growing number of patients suffering from cardiovascular disease, is expected to drive the demand of the stevia-based sugar substitutes.
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Growing government initiatives to promote the adoption of stevia-based sugar substitutes and reduce sugar intake is expected to increase the demand for stevia. The governments in US and Europe are also providing support to the cultivation of stevia by generating favorable regulations, which is most likely to propel the industry's growth over the forecast period.
Key participants include Ingredion Incorporated, Cargill, Tate & Lyle PLC, Archer Daniels Midland Company, PureCircle Limited, Evolva Holding SA, GLG Life Tech Corporation, The Coca-Cola Company, PepsiCo Inc. and Sunwin Stevia International, Inc., among others.
Market share:
The report discovers market's total sale that is generated by a particular firm over a time period. Industry experts calculate share by taking into account the product sales over a period and then dividing it by the overall sales of the Stevia industry over a defined period. Subject matter experts further use this metric to offer a general idea of the share and size of a firm and its immediate rivals. By providing an in-depth knowledge of the position a company as well as an entrepreneur holds in the Stevia market
Product Form Outlook (Revenue, USD Billion; 2017-2027)
Leaf
Liquid
Powder
Application Outlook (Revenue, USD Billion; 2017-2027)
Beverages
Bakery & Confectionary
Dairy Food Products
Dietary Supplements
Others
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Benefits of Buying the Global Stevia Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Stevia Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Stevia Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Stevia Market
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Stevia Market Segmentation & Impact Analysis
4.1. Stevia Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing number of diabetic & obesity population
4.2.2.2. Increasing preference among consumers for low-calorie foods
4.2.2.3. Increasing usage of sugar substitutes in bakery & food products
4.2.2.4. Growing consumer demand for natural sugar substitutes
4.2.3. Market restraints analysis
4.2.3.1. Fluctuations in prices of stevia leaf
4.2.3.2. Uncertainty regarding adverse effects of the stevia based sugar substitutes
4.2.3.3. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Stevia Market By Material Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Product Form Dynamics & Market Share, 2019 & 2027
5.1.1. Leaf
5.1.2. Liquid
5.1.3. Powder
Chapter 6. Stevia Market By Application Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. Application Dynamics & Market Share, 2019 & 2027
6.1.1. Beverages
6.1.2. Bakery & Confectionary
6.1.3. Dairy Food Products
6.1.4. Dietary Supplements
6.1.5. Others
Continue…!
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Stevia Market, Size, Share - Industry Insights, Trends, Outlooks, and Opportunity Analysis Research Report by 2027
Increasing preference among consumers towards low-calorie beverage and food products and the rising demand for stevia-based sugar substitute products from the beverage and food industry are driving the demand of the market