The global stevia chocolate market is expected to register a healthy growth rate in the next five years. Stevia chocolate is made by replacing sugar with stevia, a sugar substitute manufactured from the leaves of Stevia rebaudiana, a plant which originated from Brazil and Paraguay, but is now cultivated in Japan and China, too. In Brazil and Paraguay, it was used for centuries by the Guaraní tribes before western civilisations finally caught up.
Stevia is now used widely as a non-nutritive sugar substitute and herbal supplement. A non-nutritive sweetener is a sweetening agent which has a very low calorie count. Stevia is popular as a healthy replacement for added sugar in various foods and beverages. As a substitute for sucrose or table sugar, stevia is perceived to have remarkable health benefits. The sweet-tasting components in stevia sweeteners are entirely natural, which is often considered beneficial to people who favour unprocessed or natural foods and beverages.
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It has been demonstrated that stevia sweeteners do not add calories or carbohydrates to the diet. It has also been noticed that stevia has no effect at all on blood glucose or insulin response, which is great news for patients with diabet
es, allowing them to indulge in a wide range of foods while maintaining a healthy diet. Since it has very few calories and is at least forty times sweeter than sugar, people are able to consume foods like cakes and chocolates sweetened with stevia without counting calories, which helps those who are overweight get into shape easily and effectively. In recent years, the stevia chocolate market has developed rapidly with the increase in awareness of health issues related to sugar consumption.
The key manufacturers covered in this report:
Lindt & Sprungli (Russell stover)
The Margaret River Chocolate Company
The market for stevia chocolate is segmented by type and applications.
Based on product type, the global stevia chocolate market is divided into dark chocolate and milk chocolate.
On the basis of application, it can be segmented into supermarkets, convenience stores, online stores and other applications.
From a geographical standpoint, the global stevia chocolate market is comprised of the Americas, Asia-Pacific, Southeast Asia, Australia, Europe, and MEA (the Middle East and Africa). In the Americas, the market is dominated by the United States, Canada, Mexico and Brazil. In the Asia-Pacific region, the key market drivers are China, Japan, Korea and India, while in Southeast Asia, the countries which hold significant shares of this market are Indonesia, Thailand, Malaysia, Philippines and Vietnam. In Europe, the dominant countries in this market are Germany, France, the United Kingdoms, Italy, Russia and Spain. Egypt, South Africa, Israel, Turkey, and the Gulf Cooperation Council (GCC) countries constitute the majority of the stevia chocolate market in the MEA (the Middle East and Africa) region.
Stevia-based sweeteners are used in processed or pure forms in a multitude of products these days, including stevia chocolate. However, there is some concern about the alleged adverse effects of stevia on female fertility, even though conclusive research is needed on this front. On the other hand, it has been found through tests that stevia might have some tumour-resistant characteristics and it appears to be useful for the prevention of cancer.
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