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
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:
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.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Food & Beverage Stevia Market
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rising demand for Low-Calorie Products
3.2.2 Market Challenges
3.2.2.1 Bitter taste of Stevia
3.2.3 Market Opportunities
3.2.3.1 Potential for Food & Beverage Stevia growth in Middle East and Latin Amerian Region
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Manufactures in Global Food & Beverage Stevia Market
Chapter 4 Global Food & Beverage Stevia Market Analysis, By Extract Type
4.1 Liquid Extract
4.2 Powder Extract
4.3 Leaf Extract
Chapter 5 North America Food & Beverage Stevia Market Analysis
5.1 Overview
5.1.1 North America Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
5.2 North America Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
5.2.1 North America Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
5.3 North America Food & Beverage Stevia Market Analysis, By Country, 2013 – 2023 (US$ Mn)
5.3.1 U.S.
5.3.2 Canada
Chapter 6 Europe Food & Beverage Stevia Market Analysis
6.1 Overview
6.1.1 Europe Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
6.2 Europe Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
6.2.1 Europe Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
6.3 Europe Food & Beverage Stevia Market Analysis, By Country, 2013 – 2023 (US$ Mn)
6.3.1 Germany
6.3.2 France
6.3.3 U.K.
6.3.4 Rest of Europe
Chapter 7 Asia Pacific Food & Beverage Stevia Market Analysis
7.1 Overview
7.1.1 Asia Pacific Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
7.2 Asia Pacific Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
7.2.1 Asia Pacific Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
7.3 Asia Pacific Food & Beverage Stevia Market Analysis, By Country, 2013 – 2023 (US$ Mn)
7.3.1 China
7.3.2 India
7.3.3 Japan
7.3.4 Rest of Asia Pacific
Chapter 8 Latin America Food & Beverage Stevia Market Analysis
8.1 Overview
8.1.1 Latin America Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
8.2 Latin America Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
8.2.1 Latin America Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
8.3 Latin America Food & Beverage Stevia Market Analysis, By Country, 2013 – 2023 (US$ Mn)
8.3.1 Brazil
8.3.2 Mexico
8.3.3 Rest of Latin America
Chapter 9 Middle East & Africa Food & Beverage Stevia Market Analysis
9.1 Overview
9.1.1 Middle East & Africa Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
9.2 Middle East & Africa Food & Beverage Stevia Market Analysis, By Extract Type
9.2.1 Middle East & Africa Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023 (US$ Mn)
Chapter 10 Company Profiles (Suppliers and Producers)
10.1 The Coca Cola Company
10.2 Nestle S.A.
10.3 Evolva Holdings S.A.
10.4 Stevia Corp.
10.5 Pepsico Inc.
10.6 Cargill Inc.
10.7 GLG Life Tech Corp.
10.8 PureCircle
10.9 Tate & Lyle
Chapter 11 Macroeconomic and Forecast Indicators Impacting the Food & Beverage Stevia Market
11.1 Urban Population
11.2 Diabetic Population
11.3 Sweetener Market
11.4 Food and Beverage Industry
List Of Table:
TABLE 1 Market Snapshot: Global Food & Beverage Stevia Market
TABLE 2 Global Food & Beverage Stevia Market, By Extract Type, 2013 - 2023 (US$ Mn)
TABLE 3 North America Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 4 U.S. Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 5 Canada Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 6 Europe Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 7 Germany Food & Beverage Stevia Market Analysis, By Extract Type 2013 – 2023, (US$ Mn)
TABLE 8 France Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 9 U.K. Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 10 Rest of Europe Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 11 Asia Pacific Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 12 China Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 13 India Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 14 Japan Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 15 Rest of Asia Pacific Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 16 Latin America Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 17 Brazil Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 18 Mexico Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 19 Rest of Latin America Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 20 Middle East & Africa Food & Beverage Stevia Market Analysis, By Extract Type, 2013 – 2023, (US$ Mn)
TABLE 21 The Coca Cola Company: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
TABLE 22 Nestle S.A.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 23 Evolva Holdings S.A.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 24 Stevia Corp..: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 25 PepsiCo Inc: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 26 Cargill Inc.. Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 27 GLG Life Tech Corp.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 28 Pure Circle: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 29 Tate & Lyle: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
List Of Figure :
FIG. 1 Food & Beverage Stevia Market: Research Methodology
FIG. 2 Attractive Investment Proposition
FIG. 3 Market Share Analysis of Key Manufacturers in Global Food & Beverage Stevia Market, 2015 (Value %)
FIG. 4 Food & Beverage Stevia Extract Type Market in Liquid Extract, 2013 - 2023 (US$ Mn)
FIG. 5 Food & Beverage Stevia Extract Type Market in Powder Extract 2013 - 2023 (US$ Mn)
FIG. 6 Food & Beverage Stevia Extract Type Market in Leaf Extract, 2013 - 2023 (US$ Mn)
FIG. 7 North America Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 8 Europe Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 9 Asia Pacific Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 10 Latin America Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 11 Middle East & Africa Food & Beverage Stevia Market Revenue, 2013 – 2023, (US$ Mn)
On the basis of extract type, the food & beverage stevia market is categorized into following types:
Rising consumer demand towards low calorie foods as well as prevalence of cardiovascular diseases, obesity and diabetes is likely to strengthen the growth of food & beverage stevia market growth during the forecast period. Besides this, the innovation and new product development, enhanced taste and versatility along with significant levels of marketing assistance is anticipated to prosper the growth of food and beverage stevia market growth till 2023. By extract type, the food and beverage stevia market growth is segmented by liquid extract, leaf extract and powder extract. In 2016, powder extract segment is estimated to contribute highest share in the total revenue of global food and beverage stevia market. Increasing demand for low-calorie drinks and beverages such as flavored water, juices, energy drinks and sports drinks is anticipated to drive companies to manufacture stevia products, thus intensifying the growth of the market as well as increasing the tough competition in the market with manufacturers competing on the parameters of price, product differentiation, distribution, quality and promotion.
On the basis of geography, the global food & beverage stevia market is segmented into following categories,
It has been noticed that consumers are becoming more apprehensive towards their health. This has fostered the companies to look upon the development of low calorie sugar based products to other alternatives to sugar. Thus, rising inclination towards naturally manufactured products and changing mindset of consumer towards consumption of low calorie products is expected to propel the growth of food and beverage stevia market till 2023. The global food and beverage stevia market is segment on the basis of geography. Asia Pacific contributed the highest revenue share in total food and beverage stevia market with a contribution which is estimated to be more than 40% by end of 2016. Followed by it, North America stood at second position in the same year. Higher health consciousness and awareness along with high spending population in these developed regions is anticipated to contribute for double digit growth rate of these regions during the forecast period. Rising government interest in order to promote stevia and rising trend of people towards spending on stevia products is anticipated to intensify the growth of food and beverage stevia market in Asia Pacific region till 2023.
