Global Stevia Market 2018-2022: Major Players are Cargill, GLG LIFE TECH, MacAndrews & Forbes, PureCircle, Tate & Lyle, and Wisdom Natural Brands

| Source: Research and Markets Research and Markets

Dublin, Nov. 13, 2018 (GLOBE NEWSWIRE) -- The "Global Stevia Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The stevia market will register a CAGR of almost 8% by 2023.

The growing demand for flavored and organic stevia is identified as one of the key trends that will gain traction in the market for the next four years. Many vendors such as SweetLeaf Stevia and Nirvana Health Products are offering liquid stevia in different flavors such as coconut, chocolate, vanilla, peach, banana, butterscotch, mint, mango, strawberry, caramel, and others.

Market Overview

Health benefits and environmental advantages

Consumers suffering from diabetes or those on carbohydrate-controlled diet, are considering the consumption of stevia as an ideal replacement for normal sugar. With the rising number of diabetic patients and health awareness, the demand for stevia is also increasing.

Increasing demand for monk fruit zero-calorie sweetener

Since monk fruit zero calorie-sweetener does not have a bitter aftertaste, many manufacturers of food and beverage are using these sweeteners over stevia. The rising use of this sweetener is a challenge for the market.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Cargill and PureCircle, the competitive environment is quite intense. Factors such as the rising awareness regarding the health and environmental benefits of stevia and the growing preference for flavored and organic stevia, will provide considerable growth opportunities to stevia manufactures. Cargill, GLG LIFE TECH, MacAndrews & Forbes, PureCircle, Tate & Lyle, and Wisdom Natural Brands are some of the major companies covered in this report.

Market Dynamics

One trend affecting this market is the product innovations and launches using stevia. Stevia players are coming up with innovative products to attract customers and foodservice manufacturers.

According to the report, one driver influencing this market is the health benefits of stevia. Stevia is gaining popularity among consumers as it is used to regulate blood sugar levels in the body. This is because it contains stevioside.

Further, the report states that one challenge affecting this market is the increasing demand for other types of natural sweeteners. Along with stevia, many other types of natural sweeteners like coconut sugar are gaining traction, which in turn, is challenging the growth of the market.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Global stevia market
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Global stevia market in beverage sector
  • Global stevia market in food sector
  • Global stevia market in pharmaceuticals and other applications (PAOA)
  • Market opportunity by application

PART 08: MARKET SEGMENTATION BY PRODUCT

  • Segmentation by product
  • Comparison by product
  • Global powder stevia market
  • Global liquid and leaf stevia (LALS) market
  • Market opportunity by product

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Stevia market in Americas
  • Stevia market in APAC
  • Stevia market in EMEA
  • Key leading countries
  • US
  • Japan
  • China
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Growing demand for flavored and organic stevia
  • Product innovations and launches using stevia
  • Innovation in packaging and e-retailing

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Cargill
  • GLG LIFE TECH
  • MacAndrews & Forbes
  • PureCircle
  • Tate & Lyle
  • Wisdom Natural Brands

PART 16: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/cjvbnj/global_stevia?w=12

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