Stevia Market boosting the growth through 2026 by Global Top Players - Cargill Inc., Evolva Holding S.A., Stevia Corp., PureCircle Ltd., Ingredion Inc., GLG Life Tech Corp., and Tate & Lyle Plc Inc.
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Widespread awareness of the benefits of stevia, rising health consciousness, and high prevalence of diabetes are the key factors fueling growth of stevia market. Demand for stevia is high due to its low calorie and high protein content and natural sweetener properties, which makes it safe to use compared to artificial sweeteners such as aspartame, saccharin, and neotame. Stevia is a high intensity sweetener therefore, it is very popular in various food applications such as confectionery products, beverages, baked goods, and sweet dairy products. There are no severe allergies associated with stevia, which makes it safe to be used in products for children consumption. Therefore, increase in awareness of stevia and its health benefits across the world is projected to boost demand for stevia over the forecast period.
Increasing popularity of stevia among various food and beverages companies across the globe is creating a conducive environment for growth of the stevia market. For instance, in May 2018, Coca Cola launched 100% based stevia-sweetened Coke in New Zealand.
On the basis of application type, the global stevia market is segmented into:
Bakery and Confectionery Products
Table Top Sweetener
Others (Pharmaceutical and dietary supplements)
On the basis of extract type, the global stevia market is segmented into:
On the basis of form, the global stevia market is segmented into:
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Key players operating in the global stevia market are Cargill Inc., Evolva Holding S.A., Stevia Corp., PureCircle Ltd., Ingredion Inc., GLG Life Tech Corp., and Tate & Lyle Plc Inc.
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Latest industry research report on: Global Stevia Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Persistence Market Research (PMR) provides key insights on global stevia market over the forecast period (2014-2020). The primary objective of the report is to provide in-depth analysis and future market estimations, including growth drivers, restraints, opportunities, trends, key segments, status of the regional markets and key market players operating in