Stevia Market to Reach USD 801.7 Million by 2026 | Cargill, Ingredion Incorporated, Tate & Lyle PLC, etc.

The Global Stevia Market is forecasted to reach USD 801.7 Million by 2026, according to a new report by Reports and Data. The demand for natural sweeteners is increasing as consumers are moving away from sugars in search of a healthy lifestyle and natural ingredients. Stevia has been established as a healthy alternative to sugar. Growth in sports nutrition and health drinks are also fuelling the growth of the market.

Development of new products, improvement in taste and high marketing and publicity has increased the demand for the product. Regulatory constraints is a threat to the stevia market. Availability of low-calorie sweeteners is also hindering the growth of the market. In the 1970s, Morita Kagaku Kogyo Co., Ltd., a Japanese company became the first company ever to start selling Stevia commercially. Biotechnology is also marketing stevia in various forms such as liquid and powder.

Key participants include Cargill, Ingredion Incorporated, Tate & Lyle PLC, Purecircle Limited, GLG Life Tech Corporation, Archer Daniels Midland Company, Sunwin Stevia International, Inc., S&W Seed Company, Pyure Brands LLC, Morita Kagakau Kogyo Co. Ltd., Zhucheng Haotian Pharm Co. Ltd, and Evolva Holding SA, among

To Get Sample Copy of Report visit @ https://www.reportsanddata.com/sample-enquiry-form/1330

Asia Pacific has the largest market growth rate. Increase in demand for food and beverage sectors in emerging nations such as South Korea, Japan, China, and Vietnam is fueling the growth of the market. Low cost of production and availability of skilled labor drives the growth of the market in the APAC region.

Further key findings from the report suggest

o New innovation and discovery of sugar alternatives in food and beverage industry contribute towards the growth of the market. It holds a market share of 29% in the year 2018.

o The market is segmented on the basis of types into Reb A, Reb M, Reb D, and others. Reb A holds a market share of 27% in the year 2018.

o Reb A tastes less sweet and has more of a bitter aftertaste than Reb M and D, but low supply of Reb M and D is pushing the demand for Reb A in the market.

o Whole Stevia leaf dominates the market with 35% of the market share in 2018. The demand for whole leaves among the food and beverage industry is fueling its demand in the market.

o Dairy food products are using stevia leaves to reduce the level of health-related issues such as obesity and diabetes associated with sugar. Stevia is used as an alternative for sucrose in dairy industries.

o Confectionaries are increasingly using stevia as one of their ingredients as a substitute for sugar. Based on the confection, the product helps provide sweetness, gives a crystallization texture, improves mouthfeel and also has an extended shelf life.

o In beverages, stevia is used in carbonated drinks, soft drinks, juices, RTDs, and energy drinks. This segment is forecasted to hold a market share of 22% in the year 2026...Continued

Do you have questions about the Report or want to inquire about a Discount? Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/1330

For the purpose of this report, Reports and Data have segmented the global Stevia Market on the basis of Extract Type, Types, Applications, End Users, Distribution Channel, and Region:

Extract Types Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
o Whole Leaf
o Powdered
o Liquid

Types Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
o Reb A
o Reb M
o Reb D
o Others

Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
o Beverages
o Dairy Food Products
o Dietary Supplements
o Confectionary
o Bakery
o Others

End Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
o Pharmaceuticals
o Food & Beverage Industry
o Cosmetics Industry
o Other Industry

Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
o Direct Sales
o Online
o Retail

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)

Read the Comprehensive Report with a meticulous TOC and panoramic coverage of the market @ https://www.reportsanddata.com/report-detail/stevia-market

In conclusion, the Stevia Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

Contact Us:

John Watson
Head of Business Development
Address: 40 Wall St. 28th floor New York City, NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

This release was published on openPR.