Our latest research report entitled Stevia Market (by types (leaf, extracts, blends, and others), applications (dairy food products, dietary supplement, bakery, beverages, pharmaceuticals, animal feed, and others)) provides complete and deep insights into the market dynamics and growth of Stevia.
The latest information on market risks, industry chain structure Stevia cost structure, and opportunities are offered in this report. The past, present, and forecast market information will lead to investment feasibility by studying the essential Stevia growth factors.
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Increasing the Usage of Stevia as A Substitute for Table Sugar in Food and Beverage Products is Further Fueling Market Growth
Stevia is a natural sugar substitute that is derived from the leaves of the stevia rebaudiana plant. Stevia is a zero-calorie sweetener that has a number of medical properties. Stevia is available in the form of leaves and is further processed in the form of liquid, and powder. Stevia is used in convenience foods, bakery & confectionery, dairy, beverages, and others.
The leaves of stevia are 200 times sweeter when compared to traditional white sugar. The sweetness in the stevia plant is extracted by soaking its dry leaves in water, filtering the liquid, and separating it from the stems and leaves. The United States Food and drug administration (FDA) considers high-purity steviol glycosides to be safe for human consumption.
Developing awareness among the individuals among the health benefits of stevia such as lower blood pressure reduces the risk of pancreatic cancer, and others drive the demand for the stevia market. Surging demand for natural ingredients as sweeteners due to increasing occurrences of diabetes is also a boosting factor for the stevia market.
Further, growing demand for stevia-based products, consumer shifting towards low-calorie consumable products, and escalating consumer attentiveness regarding the harmful effects of artificial additives on human health are supporting the demand for the stevia market.
Additionally, increasing the usage of stevia as a substitute for table sugar in food and beverage products is further fueling the market growth. As stevia provides a high amount of sweetness without affecting blood pressure it is used as a tabletop sweetener.
Moreover, increasing the adoption of stevia as a natural sweetener is likely to create a growth opportunity for the stevia market during the forecast period. On the contrary, there are occurrences of some side effects among the people caused due to the consumption of stevia. Allergies such as to cause allergies, Might Damage Kidneys, and so on are limiting the adoption of the stevia.
North America Witnessed the Maximum Growth
Among the geographies, North America witnessed the maximum growth in the stevia market followed by the Asia-Pacific. In Asia-Pacific region factors such as rising demand for zero-calorie products, shifting trends towards natural ingredients like sweeteners, and changing the lifestyle of consumers are driving factors for the growth of the stevia market. Going further, the adoption of stevia as a natural sweetener by multinational food and beverage brands is further escalating market growth.
Further, in the Asia-Pacific increasing consumer consciousness about the benefits of natural sweeteners and increasing adoption of stevia by food and beverage companies as a substitute for sugar will further escalate the market growth.
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Report on Global Stevia Market Covers Segments Such As Types and Applications
On the basis of types, the sub-markets include leaves, extracts, blends, and others. On the basis of applications, the sub-markets include dairy food products, dietary supplements, bakery, beverages, confectionery, pharmaceuticals, animal feed, and others.
The report provides profiles of the companies in the market such as Tate & Lyle PLC, Stevia Corp., PureCircle, Cargill, Incorporated, Ingredion Incorporated, HYET Sweet B.V., Sunwin Tech Group Inc., Evolva Holding, Cumberland Packing Corporation, and GLG Life Tech Corporation.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-stevia-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Stevia.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market.
- The company profile includes analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand, and/or diversify.