Stevia is basically a sweetener as well as substitute of sugar which is extract from the leaves of stevia plant. It holds an important place under sweetener segment due to its varied advantages such as significant protein ingredient and low calorie. The increasing awareness about health advantages related to stevia has led to extensive utilization of stevia in food and beverages sector. The most active and major compounds available in stevia are known as rebaudioside A and stevioside which are highly responsible for its sweetness. Stevia has been utilized in various countries of Latin America such as Brazil and others. It is a 100% natural and zero-calorie sweetener which is 200 times sweeter than sugar and is utilized for health related problems. Apart from this, it is highly suitable for diabetic patients as well due to its low glycemix index as it does not impact the blood sugar levels. Rising disposable income and changing lifestyle in developing countries as well as maintaining a proper health is anticipated to expand the growth of global food and beverage stevia market till 2023. Change in lifestyle along with increased consumption of low calorie food is expected to drive the growth of global food & beverage stevia market over the forecast period. Besides this, rising obese and diabetic patients over the world is expected to bolster the growth of global food & beverage stevia market growth between 2016 and 2023. Apart from this, changing government regulations and emphasis for promotion of stevia by government all across the globe is expected to further impel the growth of food and beverage stevia market till 2023.
Food & beverage stevia market has been estimated to be valued at US$ 145.5 Mn by the end of 2016 and is expected to attain revenue of US$ 251.4 Mn by 2023, expanding at a CAGR of 8.1% during the forecast period 2016-2023.
Purpose of the Report
The purpose of this strategic research study titled “Global Food & Beverage Stevia Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global food & beverage stevia market.
Target Audience
- Industry Investors
- Research Professionals
- Emerging Companies
- Raw Material Suppliers/ Buyers
- Product Suppliers/ Buyers
- Research Institutes
USP and Key Offerings
The report titled “Global Food & Beverage Stevia Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the global food & beverage stevia market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on extract type and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading food & beverage stevia vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:
- Current and future market trends to justify the forthcoming attractive markets within food & beverage stevia industry
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
- Trailing 3-Year market size data (2013 – 2015)
- SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global food & beverage stevia market, of growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.
