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Steviol Glycoside Market Is Expected to Grow At Healthy CAGR During the Forecast Period of 2018-2028

02-21-2019 02:18 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Steviol Glycoside Market

Steviol Glycoside Market Is Expected to Grow At Healthy CAGR

The Latest Research Report “Steviol Glycoside Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028” provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz

Steviol glycoside is a Chemical compound that imparts a sweet taste to the leaves of the plant Stevia rebaudiana a native South American plant and forms the main basic component of a variety of sweeteners sold under the generic name stevia and other various trade names. They naturally occur in related species like Stevia phlebophylla and the plant Rubus.Chingii (Rosaceae). Chemical compounds react with the bitter and sweet receptors leading to a bitter taste after consumption. The sweet compounds are called steviol glycoside and is approximately 30 and 320 times sweeter than sucrose. They are stable in heat, pH-stable, do not ferment, when ingested they do not induce a glycemic response, therefore, making them good options as sugar substitutes for people suffering from diabetes and other people who require controlling the carbohydrates in their diet. The maximum daily intake for steviol glycoside, also known as steviol equivalents, is approximately 4 mg/kg as per the body weight per day.

Demand for Artificial Sweeteners from Food Manufacturers to Drive the Growth of the Steviol Glycoside Market

The steviol glycoside market has improved performance due to the large demand for artificial sweeteners. It’s a safe option for diabetes patients. The increasing demands from food manufacturers, such as fruit and milk based drinks, hot fluidity, yoghurts and delicacies in terms of artificial sweeteners drives the steviol glycoside market. This helps in retaining the sweetness for longer than sugar. Steviol glycoside is highly in high demand in the market since the consumer is more inclined towards safe and quick intake of food chemicals or ingredients.

The various factors that can restrain the growth of the steviol glycoside market are that it cannot be used a sugar substitute for children. People allergic to steviol glycoside require to be avoid the consumption. In some cases, steviol can cause a severe allergic reaction called anaphylaxis, however this occurs rarely. Symptoms of allergic reactions are, hives dizziness, wheezing, shortness of breath, general weakness or having a hard time swallowing shortly after consuming steviol glycoside.

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Fragmentation of the Steviol Glycoside Market

On the basis of the end-use industry, steviol glycoside market can be segmented as follows:-

Personal Care
Pharmaceuticals
Confectionary
Paint
Frozen
Food
Canned Foods

Regional Analysis of the Steviol Glycoside Market: APEJ to Showcase Significant Growth during the Forecast Period

The global steviol glycoside market is segregated into seven regions, namely North America, Asia Pacific excluding Japan (APEJ), Latin America, Eastern Europe, Japan, Western Europe, and the Middle East and Africa (MEA). The food industry is performing in a dynamic manner on a global level, where food manufacturers and suppliers are evolving and working closely to meets the wide range of consumers demands. The steviol glycoside market in North America and Europe is declining. The consumption of sweeteners is going down in developed economies due to the slowdown in the consumption of soft-drink consumption.

The growing consumption in emerging markets with regards to products of daily consumption has given a boost to industries such as cosmetics, food and beverage, FMCG, etc. which can lead to the growth in demand for steviol glycoside. Preparing food freshly on a regularly is also difficult due to busy schedules due to long working hours. The retailers these days keep knowledge on purchase habits and preferences of the consumers which are transmitted to the manufacturers in the supply chain. This flow of information from retailers to the manufacturers fosters the demand growth of steviol glycoside, since it a raw material for food manufactures. Thus, the manufacturer has to strategize their business through the regional shift in the eating habits, consumer insights and responses, and penetration of modernizing food products such as fast food, etc. The APEJ steviol glycoside market is expected to grow at healthy CAGR during the period of forecast, owing to the growth in end-use industry such as pharmaceutical food and personal care.

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Players Contributing to the Global Steviol Glycoside Market

The prominent players in the Steviol glycoside market are:

Cargill
Zydus
Merisant
GL Stevia
PureCircle
Sunrise Nutrachem Group
Daepyung

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

View Complete Report at @ https://www.marketresearchreports.biz/chemicals-and-materials/14069/steviol-glycoside-global-industry-analysis-market-research-reports

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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