Global Stevia Market Insights, Size and Growth Forecast To 2027

 

SPER Market Research

Global Stevia Market: Overview
Stevia is a perennial herb plant. The main component of stevia leaves is stevioside, which has high sweetness and low calorie but also has certain pharmacological effects. Stevia mainly has the effects of treating diabetes, controlling blood sugar, reducing blood pressure, anti-tumour, anti-diarrhoea, improving immunity, promoting metabolism, etc. It has an excellent impact on controlling obesity, regulating gastric acid, restoring nerve fatigue, and it is suitable for heart disease, Paediatric caries, etc. also have significant effects, the most important thing is that it can eliminate the side effects of sucrose.

It has been widely used as medicine and diet. Stevioside derivatives have many benefits, such as lowering hypertension, improving diarrhoea, and improving human immunity. Stevia is being used as an adjunct to tablets, pills, capsules, etc. because stevioside is a non-sugar sweetener.

Global Stevia Market: Insights
The global Stevia market generated USD 493.6 Million in 2017 and is projected to grow at CAGR of 6.9% from 2017, to reach a value of USD 1057.6 Million by 2027. The growing demand for low-calorie sweeteners expected to grow the global stevia market in the upcoming periods. Additionally, the swelling number of product launches and innovations in the food & beverage industry, which provide sugar alternatives from consumers suffering from diabetes and obesity, will drive the global Stevia industry in the forecast period. Stevia is a good feed material. It is further processed into feed for livestock and can be used to treat the appetite of livestock and poultry. Illness, fatigue, slow growth, no estrus, chin, and poor airways can also improve milk and meat quality. 

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”


Furthermore, the surge in awareness among consumers about the health benefits of low-calorie consumable products and the growing number of obese and diabetic people across the world projected to accelerate the global stevia market. Stevia is the sugar alternative due to its zero-calorie property. In addition, the mounting popularity of natural ingredients and antioxidants will promulgate the global stevia industry in the estimated periods. Furthermore, increasing demand for convenience foods, low-calorie drinks, and tabletop sweeteners, coupled with changing lifestyles, will boom the stevia market in the forecast periods. Stevia is hardly metabolized in the human body and does not produce excessive heat after eating. Therefore, it is commonly used to make sweet food for obese patients, stevia beverages, or stevia candies for children, which can prevent obese people from gaining weight again. According to the World Health Organization, around 1.6 million people worldwide died due to diabetes in 2016. It is estimated that 425 million people are living with diabetes all over the world. By 2045, projections show this number rising to some 629 million diabetics globally.

The availability of stevia in modern retail outlets due to its huge demand among individuals regarding health consciousness and the benefits of stevia, such as low-calorie sweeteners, will influence the global stevia market.

The SPER market research report of the Stevia market includes all integrated approaches to the growth of the market, along with an accurate & elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the Stevia market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scales.

REPORT HIGHLIGHTS
  • Overview of key market forces restraining and propelling market growth.
  • Provide demand, current & past status & also the forecasting up to 2027.
  • Provide complete overview including, form type, extract type, application & forecast region.
  • Provide focused analysis of key service providers with their market share & also help to identify market competition landscape with SWOT analysis.
  • Historical, current, and projected market size in terms of value and Volume.
  • Analyse the global & regional potential market, advantages, risk & opportunity.
  • Identify significant factors and trends driving or inhibiting the market growth.
  • In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.
THE REPORT COVERS ANALYSIS OF STEVIA MARKET, BY EXTRACT TYPE
  • Whole Leaf
  • Powdered
  • Liquid
THE REPORT COVERS ANALYSIS OF STEVIA MARKET, BY FORM
  • Dry
  • Liquid
THE REPORT COVERS ANALYSIS OF STEVIA MARKET, BY APPLICATION
  • Dairy
  • Bakery & Confectionery
  • Tabletop Sweeteners
  • Beverages
  • Convenience Foods
  • Others
THE REPORT COVERS EXHAUSTIVE ANALYSIS ON
  • Market Segments
  • Market Dynamics
  • Brands in Market
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Forecasting
  • Technology
THE REPORT INCLUDES REGIONAL ANALYSIS ON
  • North America (Canada, US, Mexico, & Rest of North America Available)
  • Asia-Pacific (China, India, South Korea, Japan & Rest of Asia Pacific Available)
  • Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
  • Central & South America (Brazil, Argentina & Rest of South America Available)  
  • Middle East & Africa (GCC Countries, South Africa, & Rest of MEA available)
KEY PLAYERS OF STEVIA MARKET
  • Evolva Holding S.A.
  • Cargill, Inc.
  • Stevia Corporation
  • PureCircle Ltd.
  • Ingredion Inc.
  • Tate & Lyle Plc
  • The Coca-Cola Company
  • GLG Life Tech Corp.
  • PepsiCo Inc.
  • Stevia First Corporation
  • ADM Company
  • Other Prominent Players
About SPER Market Research:

SPER Market Research is one of the world’s most trusted market research, market intelligence, and consulting companies offering strategic research, custom research, market intelligence solutions, quantitative data collection, qualitative fieldwork, online research panel and consumer research. Headquartered in Noida city, the company has offices worldwide, and provides strategic & consulting services.

SPER Market Research is amongst the top market research company and we have served over 20 industries, with core offerings in Pharmaceutical/Healthcare, Business to Business research (B2B), Nutraceuticals, Food & Beverages, Cosmetic, Dermatology, Dental, Herbal, Chemical, Consumer, Information Technology and other industries.

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