Stevia Market Study Report Based on Size, Shares, Key Prospects, Industry Trends and Forecast to 2027

The global Stevia Market will be worth USD 1,185.0 million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing awareness among consumers regarding the adverse effects of sugar on health. Rising obesity and diabetes, coupled with the growing number of patients suffering from cardiovascular disease, is expected to drive the demand of the stevia-based sugar substitutes.

The report also offers an analysis of the product portfolio of the market, growth trends, developments and advancements, and competitive landscape. It also calculates the rate of market concentration in certain regions of the industry and for prominent players of the market. The report strives to offer beneficial strategic recommendations to the readers to help them achieve their business goals and objectives. Moreover, a thorough regional analysis of the Stevia industry offers a comprehensive understanding of the spread of the Stevia industry along with the growth rate of the market.

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Key Highlights From The Report

• In July 2020, PureCircle was acquired by Ingredion Incorporated. The acquisition was performed with an aim to enhance the production of plant-based natural sweeteners and to expand the product portfolio.
• The Liquid Segment is forecasted to grow with the fastest CAGR of 9.7% over the forecast period due to the growing preferences among consumers towards the liquid form of stevia. The manufacturers of the sugar substitutes mostly prefer it, as a very small amount of the liquid form is required to enhance the taste of the food products.
• The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the rising urbanization coupled with growing disposable income. Besides, the increasing investments by the beverage manufacturing companies to produce beverages with lower sugar content and low-calorific value are expected to drive the market's growth over the forecast period.
• Key participants include Ingredion Incorporated, Cargill, Tate & Lyle PLC, Archer Daniels Midland Company, PureCircle Limited, Evolva Holding SA, GLG Life Tech Corporation, The Coca-Cola Company, PepsiCo Inc. and Sunwin Stevia International, Inc., among others.

Market Segmentation:

For imparting a deeper understanding of the Stevia market, the market is further segmented into product types and applications. The report also offers projections for the market segment expected to garner traction during the forecast period.

• Product Form Outlook (Revenue, USD Billion; 2017-2027)
o Leaf
o Liquid
o Powder
• Application Outlook (Revenue, USD Billion; 2017-2027)
o Beverages
o Bakery & Confectionary
o Dairy Food Products
o Dietary Supplements
o Others

The regional analysis of the Stevia market mainly focuses on the key regions and regional market in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.It evaluates the presence of the global Stevia market in the major regions with regards to market share, market size, revenue contribution, sales network, and distribution channel, and other key elements.

The report relies on extensive primary and secondary research and validated data from interviews, journals, and industry experts. It offers critical estimations of the Stevia market for the futuristic period. It also sheds light on the investment opportunities and growth prospects expected to emerge during the forecast period.

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Summary of the Stevia Market Report:

Critical Features:
The report on the Stevia industry sheds light on the latest growth trends and developments along with a special focus on the methodologies. Along with this, the market factors that directly influence the growth of the industry, such as market strategies adopted by the key companies, drivers, restraints, and others, are also covered in the report. Additionally, expansion tactics, product portfolio, and factors influencing the growth of the industry are offered in the report.
Industry Overview:
The study offers an analysis of the crucial market features, such as R&D advancements, product launches, brand promotions, strategic alliances such as joint ventures, mergers and acquisitions, collaborations, and partnerships, to depict the growth of the key players on both the regional and global scale.
Radical Features:
The report covers an analysis of the key features such as cost volatility, production and manufacturing capacity, production and consumption rate, gross revenue, profit margins, import/export, demand and supply dynamics, growth rate, and market share and size. Along with this, the report also focuses on the macro and micro-economic factors, market trends, and divides the market into key segments and sub-segments.
Analytical Tools:
The report employs advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to offer a comprehensive overview of the Stevia market. The report includes authentic and validated information about the key market players, their market reach and global position, product portfolio, and business overview. It also offers an extensive analysis of their global market position and revenue contribution by individual players.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Stevia Market Segmentation & Impact Analysis
4.1. Stevia Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing number of diabetic & obesity population
4.2.2.2. Increasing preference among consumers for low-calorie foods
4.2.2.3. Increasing usage of sugar substitutes in bakery & food products
4.2.2.4. Growing consumer demand for natural sugar substitutes
4.2.3. Market restraints analysis
4.2.3.1. Fluctuations in prices of stevia leaf
4.2.3.2. Uncertainty regarding adverse effects of the stevia based sugar substitutes
4.2.3.3. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Stevia Market By Material Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Product Form Dynamics & Market Share, 2019 & 2027
5.1.1. Leaf
5.1.2. Liquid
5.1.3. Powder

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