Increase in product launches through new innovations by the food & beverage industry fuels the growth of the market.
Market Size – USD 492.3 Million in 2018, Market Growth - CAGR of 6.1%, Market Trends – Rapid prevalence of Diabetes and Obesity.
NEW YORK, April 25, 2019 (GLOBE NEWSWIRE) -- The Global Stevia Market is forecasted to reach USD 801.7 Million by 2026, according to a new report by Reports and Data. The demand for natural sweeteners is increasing as consumers are moving away from sugars in search of a healthy lifestyle and natural ingredients. Stevia has been established as a healthy alternative to sugar. Growth in sports nutrition and health drinks are also fuelling the growth of the market.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/1330
Development of new products, improvement in taste and high marketing and publicity has increased the demand for the product. Regulatory constraints is a threat to the stevia market. Availability of low-calorie sweeteners is also hindering the growth of the market. In the 1970s, Morita Kagaku Kogyo Co., Ltd., a Japanese company became the first company ever to start selling Stevia commercially. Biotechnology is also marketing stevia in various forms such as liquid and powder.
Asia Pacific has the largest market growth rate. Increase in demand for food and beverage sectors in emerging nations such as South Korea, Japan, China, and Vietnam is fueling the growth of the market. Low cost of production and availability of skilled labor drives the growth of the market in the APAC region.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/stevia-market
Further key findings from the report suggest
Order Now: https://www.reportsanddata.com/checkout-form/1330
For the purpose of this report, Reports and Data have segmented the global Stevia Market on the basis of Extract Type, Types, Applications, End Users, Distribution Channel, and Region:
Extract Types Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
Types Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
End Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
Browse more reports of Health Food and Sports Nutrition category at: https://www.reportsanddata.com/report/category/health-food-and-sports-nutrition
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-800-819-3052
E-mail: sales@reportsanddata.com