Best Stevia Brands Worldwide | By IMARC Group

Stevia Industry Outlook:

Stevia represents a natural sweetener that is usually extracted from the plant species, also called Stevia Rebaudiana. It is a completely zero-calorie and natural sweetener that is 200 times sweeter as compared to sugar. In line with this, stevia contains a wealth of antioxidant compounds, including tannins, caffeic acid, flavonoids, triterpenes, kaempferol, quercetin, etc. It comprises stevioside, rebaudiosides A-E, dulcoside, etc. Stevia aids in losing weight, maintaining blood sugar levels, lowering low-density lipoprotein (LDL) cholesterol, etc. Presently, it is gaining extensive traction as a substitute for sugar in sauces, beverages, cereals, salad dressings, pastries, aerated drinks, yogurts, etc.

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Stevia Industry Growth Analysis:

The growing consumer health consciousness and the rising number of individuals who are monitoring their sugar intake and incorporating low-calorie sweeteners in their diets are primarily driving the stevia market. Additionally, the increasing incidences of lifestyle diseases, the inflating disposable income levels, and the expanding geriatric population are further catalyzing the market growth.

Besides this, the widespread adoption of stevia in topical applications for treating skin conditions, such as eczema and dermatitis, is acting as another significant growth-inducing factor. Moreover, key market players are continuously investing in R&D activities to expand their product portfolio, which is positively influencing the global market. Apart from this, the launch of favorable policies by government bodies to combat health problems, such as obesity and diabetes, is also augmenting the market growth. Furthermore, the introduction of plant-based and natural variants is anticipated to fuel the stevia market over the forecasted period.

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Top Stevia Manufacturers Worldwide:

1. GLG Life Tech Corporation
Establishment: 1999
Headquarter: Richmond, British Columbia, Canada

2. PureCircle Ltd.
Establishment: 2001
Headquarter: Kuala Lumpur, Malaysia

3. Tate & Lyle PLC
Establishment: 1903
Headquarter: London, the United Kingdom

4. Stevia First Corp.
Establishment: 2007
Headquarter: Yuba City, California, the United States

5. Archer-Daniels-Midland Company
Establishment: 1902
Headquarter: Chicago, Illinois, the United States

6. Sweet Green Fields LLC
Establishment: 2007
Headquarter: Chicago, Illinois, the United States

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