According to a new market research report launched by Inkwood Research, the Global Stevia Market is growing at a CAGR of 7.24% during the forecast period of 2021 to 2028, and is anticipated to generate $828.02 million by 2028.
Browse 39 market data Tables and 42 figures spread over 145 Pages, along with in-depth analysis on Global Stevia Market by Application, Form & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Stevia Market Scenario
Stevia is an organically occurring sweetener, possessing a reduced glycemic index and low calories. Nearly 200 times more sweetened, compared to typical sweeteners, stevia has several applications across industries such as, food and beverage, and pharmaceutical. Moreover, the increasing demand for natural sweeteners, over artificial sweeteners is anticipated to provide the market with lucrative prospects during the forecast years.
The rising consumer inclination toward clean-label products, plays an essential role in fueling the market growth. The awareness about clean-label food has encouraged companies to begin replacing high-calorie polyols with natural sweeteners. For instance, as per the Stevia Institute’s internal survey, around 60% of Americans prefer low-calorie sugar alcohols in their food. As a result, various companies, like Nestle, Coca-Cola, Groupe Danone, PepsiCo, Grupo Bimbo, and Kraft Heinz, among others, publicly commit towards the elimination of synthetic sweeteners from some products. However, the potential threat of substitution is likely to hamper the global stevia market growth.
The Global Stevia Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Stevia Market by Form, Application & by Geography: https://www.inkwoodresearch.com/reports/stevia-market/#request-free-sample
Market by Form
Market by Application
- Dairy Food Products
- Dietary Supplements
- Other Applications
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions, and country
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities, and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- ARCHER DANIELS MIDLAND COMPANY (ADM)
- BENEO GMBH
- GUILIN LAYN NATURAL INGREDIENTS CORP
- EVOLVA HOLDING
- STEVIA CORP
- SUNWIN STEVIA INTERNATIONAL INC
- CARGILL INC
- INGREDION INC
- TATE & LYLE PLC
- VAN WANKUM INGREDIENTS
- GLG LIFE TECH CORP
- FOODCHEM INTERNATIONAL CORPORATION
- FRAKEN BIOCHEM CO LTD
- HAIHANG INDUSTRY CO LTD
- HYET SWEET BV
GLOBAL BAKERY INGREDIENTS MARKET – Global bakery ingredients market is estimated to grow with a CAGR of 5.65%, over the forecast period of 2019 to 2027.
GLOBAL FUNCTIONAL CARBOHYDRATES MARKET – Global functional carbohydrates market is anticipated to grow at a CAGR of 5.80%, between 2019 and 2027.
GLOBAL SPECIALTY CHEMICALS MARKET – Global specialty chemicals market is progressing at a CAGR of 5.36%.