(Food-Beverage-News.Com, September 15, 2018 ) The study presented here is based on a report by Envision Inteligence (EI) titled “Stevia Market (By Type, By Extract Type, By Application& By Geography) - Market Industry Analysis, Segmentation, Size, Share, Growth, Trends and Forecast 2019 – 2025”. According to the report, the global Stevia market was valued at $380.16 million in 2017 and is projected to grow with a rapid CAGR of 6.1% during 2019 to 2025 to reach $610.49 million by 2025.
Introduction:
Stevia is the leaves used to prepare sugar substitutes which are unique among food ingredients because it is calorie free rich are a taste of sweetness named as organic leaves. Not only for food purpose had stevia leaves also used for a medicinal purpose like applying for burns, colic, stomach problems. Consumers are looking forward to healthy diets prefer various medicines for a healthy diet, but the usage of these leaves keep consumers towards their sweetener food without any compromises.
RISING STEVIA MARKET USAGE FOR COMMERCIAL APPLICATION IS DRIVING MARKET GROWTH:
Stevia holds an essential place in sweetness enriches with various benefits like low calorie along with high protein which takes place in a natural product. Stevia is helpful to steer clear of diabetic and endocrine patients, and all these aspects of stevia plant come with low investment. The shift of consumers prefer to stevia due to weight loss are driving the global stevia market growth.
From the global stevia market analysis, it is observed the expansion of stevia crops in various regions due to the increase of peoples concern towards organic products in the market. But global Stevia market outlook focuses mainly on side effects caused by the usage of stevia which is observed from studies. Stevia leads to low blood pressure, reproductive and cardiovascular problems.
To drive the stevia market in future Global stevia market opportunities are increasing awareness in the calorific consumable product, supportive government initiatives, increasing product visibility in the retail market, suggestions of doctors and increase in research organizations.
NORTH AMERICA IS PROJECTED TO CONTINUE ITS DOMINANCE IN THE GLOBAL DONUT MARKET DURING 2018 - 2025:
North America dominated the global stevia market share with 44%due to the disposable income and lifestyle with rapid urbanization, and most of the stevia companies are located in North America. Coca-Cola company is world major soft drink company mostly uses Stevia for sweetness which increases the demand in this region and applicable to various bakery products which save the investment and raises the income to vendors in the market.
ASIA PACIFIC IS ESTIMATED TO WITNESS STEVIA INDUSTRY GROWTH RATE DURING 2018 – 2025:
The Asia Pacific is the leading global stevia market size with rapid urbanization, trendy lifestyles, increase in diabetic population, growing concern towards nutritional health and increase of retail stores. India and China are the major countries for the significant size and growth of the stevia market by representing opportunities for manufacturers where japan recorded low stevia market growth.
By Type:
o Stevioside o Rebaudioside
By Extra Type :
o Liquid o Powder o Leaf
By Application:
o Dairy food products o Snacks o Bakery products o Dietary supplements o Tabletop sweeteners o Beverages o Packed food products
The report provides the global stevia market forecast, size, share, analysis, opportunities and growth. Providing lucrative margin to distributors is expected to strengthen the partnership across the value chain is one of the global stevia market trends.
Key Players:
• Nestle S.A (Switzerland) • The Coca-Cola Company (U.S) • PepsiCo Inc. (U.S) • Cargill Inc. (U.S) • Evolva Holding S.A (Switzerland)
About us: Envision Inteligence is the Main Supplier of Market Analysis Reviews, Customized Consulting Companies, Information Analytics and Trade Evaluation. Our purpose is to offer the correct data required by the stakeholder on the proper level of time, in a format which assists a clever and knowledgeable resolution making a course of!
