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Food and Beverage Stevia Market Size, Share, Growth, Trends, Forecast, Analysis, Outlook, Overview, Segmentation, Key Players, SWOT Analysis | Valuates Reports
The global Food and Beverage Stevia market was valued at US$ 449.3 million in 2022 and is anticipated to reach US$ 628.1 million by 2029, witnessing a CAGR of 5.0% during the forecast period 2023-2029.
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Food and Beverage Stevia Market Share
Global top five manufacturers of food and beverage stevia occupied for a share over 65 percent, key players are Haotian Pharm, PureCircle (Ingredion), Shandong Shengxiangyuan, Cargill and Sunwin Stevia. Geographically speaking, Asia Pacific holds the most of global market share, about 40%. North America holds about 35% of share, while Europe followed by nearly 15%. In terms of product, Reb-A series are the largest segment, with a share over 50%. And in terms of application, the largest application is beverage, which takes over 50%.
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By Type
• Reb-A Series
• Reb D
• Reb M
• STV Series
By Application
• Beverage
• Food Ingredient
• Table Sweetener
Key Players
Haotian Pharm, PureCircle (Ingredion), Shandong Shengxiangyuan, Sunwin Stevia, Shangdong Huaxian Stevia, GLG Life Tech Corp, Qufu Tianyuan Biotechnology, Cargill, Jining Aoxing Stevia Products, Morita Kagaku Kogyo, Tate & Lyle, ADM, Chenguang Biotech Group, Biolotus Technology, Daepyung
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1. https://reports.valuates.com/market-reports/QYRE-Auto-36T6746/global-stevia-extract-and-stevia-products
2. https://reports.valuates.com/market-reports/QYRE-Auto-35P7846/global-industrial-stevia-sugar
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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…
