Overview
The Stevia market is anticipated to growrapidly at a high CAGR during the forecast period. The global stevia market is
driven by growing popularity among health-conscious consumers and numerous
applications spanning diverse sectors. These factors have helped shape the stevia
market and are expected to boost the growth. Companies in the stevia market
could also face challenges such as availability of substitutes in the zero
calorie products segment. The details covered in the stevia market report cover
all the aspects of the industry. stevia market analysts have also shared growth
projections in the report and have suggested stevia market players to plan
growth strategies accordingly.
Industry News
Tate & Lyle has purchased Sweet GreenFields, a stevia provider, reinforcing the stevia solutions and expertise of
the multinational ingredients business by developing a vertically integrated
system for supply along with centralised r&d to develop to promote the
production of stevia products. In 2017, it became the world wide distribution
company of SGF's range of stevia-based products, Tate & Lyle initiated its
collaboration with SGF. The business then gained a 15% equity stake in SGF the
next year.
Regional Overview
Companies in the stevia market are spreadacross the world. The stevia market report provides major information about
regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of
the world. The North American stevia market demand has many companies acrossthe United States, Canada, and Mexico. Europe has companies in the stevia
market across Germany, France, Spain, Italy, and the United Kingdom. A detailed
analysis of the stevia market across India, China, and Japan in the Asia-Pacific
region is also presented in the report. The stevia market of the Middle East,
Africa, and other regions has also been studied by analysts. The regional
analysis of the stevia market can be found in the market research report.
Market Segmentation
The global stevia market has been segmentedbased on type and application. On the basis of type, the market for stevia is
segmented based on liquid, powder, whole leaf, and others. Additionally, the
market on the basis of application, is segmented into bakery &
confectionery, beverages, convenience foods, tabletop sweeteners, dairy, and
others.
Factors like growing awareness about healthbenefits and increasing stevia penetration in the segment of beverages,
especially in carbonated drinks support the stevia market growth. The
performance of the stevia market has also been studied for the past and current
years. Additionally, the stevia market report provides analysis of these
segments. The stevia market segmental analysis provided in the report offers major
details about the stevia market performance and future. As customers continue
to check out meals and drinks that are easier to digest, demand for stevia target has risen exponentially. Internationally, from 2015 to 2019, productannouncements containing stevia rose significantly.
Competitive Landscape
The stevia market is supported by technologyadvances and expanded delivery networks. The population growth around the world
and increasing Stevia MarketDemand based services and products also support themarket growth. However, the stevia market growth can be affected due to the
rising popularity of other substitutes. The report covers all such details
which will help companies in the stevia market to strengthen their business
plan and improve their product portfolio. The stevia market research report
also provides company profiles of major companies. The company profiles of many
organizations operating in the stevia market report highlights crucial details
like company size, revenue growth, and details of mergers and acquisitions
taking place in the stevia market. New companies and established businesses can
plan their strategies based on this data provided in the stevia market research
report.
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