According to Stratistics MRC, the Global Stevia Rebaudiana Market is accounted for $587.63 million in 2019 and is expected to reach $1,403.80 million by 2027 growing at a CAGR of 11.5% during the forecast period.
Factors such as the increasing obesity and diabetes cases around the world, growing beverage industry, and rising demand for natural sugar substitutes are driving the market growth. However, fluctuation in the prices of stevia leaves is hampering the growth of the market.
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Stevia Rebaudiana are leaves containing sweetening compounds and are also called as sweet leaves and candy leaves. It is not chemically processed and also has various advantages. These do not contain any carbohydrates and calories, and therefore stevia is being increasingly used in various applications.
Based on the end user, the food & beverages segment is going to have high growth during the forecast period as stevia enhances the properties of food products without impacting its quality. By geography, Asia Pacific is going to have high growth during the forecast period owing to the investments from several multinational manufacturers, in countries like Japan, China, and India.
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By geography, Asia Pacific is going to have high growth during the forecast period owing to the rapid urbanization in the region coupled with an increase in demand for high-quality meat products.
Some of the key players profiled in the Stevia Rebaudiana Market include Tate and Lyle, Sunwin Stevia, Croda International Plc, PureCircle, Omega Protein Corporation, Merisant, Julong High-Tech, GLG Life Tech Corp, Haotian Pharm, Golden Omega S.A, FMC Corporation, Daepyung, Jining Aoxing Stevia Products, Cargill Incorporated, Biolotus Technology, Shangdong Huaxian Stevia, and Haigen Stevia.
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• STV Series
• Reb-A Series
• Glucosyl Series
• Stevia Leaves
• Stevia Extracts
• Stevia Blends
• Suppressing Agents
• Heat Resistant Agents
• Flavor Enhancers
• Bottles & Cans
End Users Covered:
• Food & Beverages
• Daily Chemical Industry
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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