Press release
Stevia Market Likely To Boost Future Growth by 2027 | Cargill, Tate & Lyle, Stevia Corp, PureCircle
A new research document with title 'Stevia Market: Current Analysis and Forecast (2021-2027)' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of World and important players/vendors such as Ingredion Incorporated, Cargill, Tate & Lyle Plc, Archer Daniels Midland Company, Sunwin Stevia International Inc., S&W Seed Company, Stevia Corp, PureCircle Limited, Evolva Holdings SA, GLG Life Tech Corp, etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2021-2027.Get customization & check discount for report @ https://www.htfmarketreport.com/request-discount/3748591-stevia-market
Stevia is a naturally sweet-tasting plant native to Paraguay and Brazil but is also grown in Japan and China. This plant is used as a non-nutritive sweetener and herbal supplement which contains little or no calories. It is a healthful alternative to added sugar in many meals and beverages.
The prevalence of obesity and overweight is rising dramatically across the globe and has nearly tripled since 1975. Obesity is among one of the leading causes of death worldwide as obese people are prone to many serious health conditions and illnesses. For instance, as per CDC, more than 900,000 adult COVID-19 hospitalizations occurred in the United States between the beginning of the pandemic and November 18, 2020. Models estimate that 271,800 (30.2%) of these hospitalizations were attributed to obesity. Also, the number of people overweight or obese has reached epidemic proportions fueling the growing rates of non-communicable diseases, including at least ten cancers. Excessive sugar consumption is one factor promoting overweight and obesity owing to the wide availability of sugar. Over the last decade, global sugar consumption has grown from about 130 to 178 million tonnes. Therefore, there is an increase in the number of people inclining towards natural sugar substitutes as they are sweeter than sugar and have fewer calories which in turn is propelling the growth of the stevia market.
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Furthermore, the global consumption of sugar amounted to 172.6 in 2018/2019 and is projected to increase to about 171.8 million metric tons by 2020/2021. With the increase in world trade, better agricultural technology, among other reasons, sugar is cheaper and more widely available than ever. In 2018/2019, about 188.25 million metric tons of sugar was produced worldwide, up from 164.7 million metric tons of sugar in 2015/2016. India consumes the most sugar of any country, followed by the European Union and China. In the ten years between 2016 and 2026, the global price of sugar is expected to decrease from 0.17 U.S. dollars per pound to 0.14 U.S. dollars per pound. Though this means that sugar might be even more readily accessible and affordable in the future, this could lead to further global health problems associated with excess sugar consumption. Owing to these facts, there is a surge in no. of people inclining towards the adoption of a healthy lifestyle which further boosts the growth of the stevia market globally. Based on the type, the market is fragmented into whole leaf, powder, liquid, and others. Based on the application, the market is segmented into food, beverage, dairy & frozen desserts, bakery & confectionery, and table top sweeteners.
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1 MARKET INTRODUCTION
1.1 Market Definitions
1.2 Objective of the Study
1.3 Limitation
1.4 Stake Holders
1.5 Currency Used in Report
1.6 Scope of the Global Stevia Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Research Methodology for the Global Stevia Market
2.1.1 Main Objective of the Global Stevia Market
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 COVID-19 IMPA
....Continued
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Stevia Market
Parent Market Analysis
Sweetener market comprises ofcaloric and non-caloric sweeteners. Among which caloric sweetener includes sucrose, table sugar, raw sugar, and others. Whereas non caloric sweetener have been further segmented into natural as well as synthetic sweeteners. The natural sweeteners are further classified as low potency and high potency sweetener whereas synthetic sweeteners include advantame, aspartame, sucralose and others. Increased consumer awareness towards low caloric food across the globe has changed…