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Stevia Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031/ GLG Life Tech Corp., Ingredion Inc, Tate & Lyle PLC

03-07-2024 09:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Stevia Market Size, Trends, Latest Insights, Analysis

Stevia Market  is anticipated to grow at a considerable CAGR of 9.4% during the forecast period. The beverage industry in the US is flourishing, owing to a strong export and import sector, a big client base, and rising affordability. Soft drink sales represent one of the fastest-growing categories of the beverage market in the US. According to the Beverage Digest, carbonated soft drink sales accounted for $2.9 billion of the nation's $146 billion beverage market in 2019.  Coca-Cola Zero Sugar was declared the fastest growing soft drink in the survey, with an 11.5% increase in retail value and an 8% increase in volume.

Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in November 2018, Cargill Inc announced a partnership with Royal DSM to produce highly sought-after sweet-tasting molecules such as steviol glycosides Reb M and Reb D through fermentation, providing food and beverage manufacturers with an even more scalable, sustainable, and low cost-in-use solution under the EverSweet brand. Further, in March 2019, Tate & Lyle announced its partnership with Sweet Green Fields (SGF) to introduce ZOLESSE, a glucosylated stevia extract labelled as a natural flavor. ZOLESSE, a new natural flavour is an effort to enable food and beverage companies produce great-tasting products that match rising customer demand for clean-label ingredients at a lower cost than alternatives.

To Request a Sample of our Report on Stevia Market:  https://www.omrglobal.com/request-sample/stevia-market

Market Coverage

The market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Product form 
By Application

Regions Covered

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- GLG Life Tech Corp., Ingredion Inc, Tate & Lyle PLC, The Coca-Cola Co, PepsiCo Inc., Cargill Inc., Evolva Holding S.A. 

Stevia Market Report by Segment

By Product Form

Powder
Liquid
Leaf

By Application

Bakery
Dairy Food Products
Beverages
Dietary Supplements
Confectionery
Others (Convenience foods)

A full Report of Stevia Market is Available @  https://www.omrglobal.com/industry-reports/stevia-market

Stevia Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles 

Archer Daniels Midland Company
Cargill Inc 
Evolva Holding SA
GLG Life Tech Corporation
Guilin Layn Natural Ingredients Corp
Haihang Indsutry Co
Hyet Sweet BV
Ingredion Inc
Koninklijke DSM NV
Morita Kagakau Kogyo Co. Ltd.
PepsiCo Inc.
Purecircle Limited
PureCircle Ltd 
Pyure Brands LLC
S&W Seed Company
Stevia Biotech Pvt Ltd 
Sunwin Stevia International, Inc.
Tate & Lyle PLC
Van Wankum Ingredients BV
Zhucheng Haotian Pharm Co. Ltd

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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