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Food & Beverage Stevia Market

Food & Beverage Stevia Market By Extract Type (Liquid Extract, Powder Extract, Leaf Extract) – Growth, Future Prospects And Competitive Analysis, 2016 – 2023
Report Book

Published Date: Sept 2016
Category: Food & Beverage
Report ID: 58109
Report Format: PDF
No of Pages: 190

Rating: Credence Reports

Market Insights

Stevia is basically a sweetener as well as a substitute for sugar that is extracted from the leaves of the stevia plant. It holds an important place in the sweetener segment due to its varied advantages, such as being a significant protein ingredient and low in calories. The increasing awareness about health advantages related to stevia has led to extensive utilization of stevia in the food and beverage 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 in Latin America, such as Brazil and others. It is a 100% natural and zero-calorie sweetener that 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 glycemic index, as it does not impact blood sugar levels.

Rising disposable income and changing lifestyles in developing countries, as well as maintaining proper health, are anticipated to expand the growth of the global food and beverage stevia market till 2023. Changes in lifestyle, along with increased consumption of low-calorie foods, are expected to drive the growth of the global food and beverage stevia market over the forecast period. Besides this, rising numbers of obese and diabetic patients around the world are expected to bolster the growth of the global food and beverage stevia market between 2016 and 2023. Apart from this, changing government regulations and the emphasis on the promotion of stevia by governments all across the globe are expected to further impel the growth of the food and beverage stevia market until 2023.

The food and beverage stevia market has been estimated to be valued at US$ 145.5 million by the end of 2016 and is expected to attain revenue of US$ 251.4 million by 2023, expanding at a CAGR of 8.1% during the forecast period of 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 to 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 and Buyers
  • Product Suppliers and Buyers
  • Research Institutes

Overall, the research study provides a holistic view of the global food and beverage stevia market in terms of growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above-mentioned factors.

On the basis of extract type, the food and beverage stevia market are categorised into the following types:

  • Liquid Extract
  • Powder Extract
  • Leaf Extract

Rising consumer demand for low-calorie foods, as well as the prevalence of cardiovascular diseases, obesity, and diabetes, are likely to strengthen the growth of the food and beverage stevia market during the forecast period. Besides this, innovation and new product development, enhanced taste and versatility, and significant levels of marketing assistance are anticipated to prosper the growth of the food and beverage stevia market through 2023. By extract type, the food and beverage stevia market are segmented into liquid extract, leaf extract, and powder extract. In 2016, the powder extract segment was estimated to contribute the highest share of the total revenue of the 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 and beverage stevia market are segmented into the following categories:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

It has been noticed that consumers are becoming more apprehensive about their health. This has encouraged the companies to look upon the development of low-calorie sugar-based products as alternatives to sugar. Thus, rising inclination toward naturally manufactured products and a changing mindset of consumers towards the consumption of low-calorie products are expected to propel the growth of the food and beverage stevia market till 2023. The global food and beverage stevia market are segmented on the basis of geography. Asia Pacific contributed the highest revenue share in the total food and beverage stevia market, with a contribution that is estimated to be more than 40% by the end of 2016.

Following it, North America stood in second place in the same year. Higher health consciousness and awareness, along with a high-spending population, are anticipated to contribute to the double-digit growth rate of these regions during the forecast period. Rising government interest in order to promote stevia and the rising trend of people towards spending on stevia products are anticipated to intensify the growth of the food and beverage stevia market in the Asia Pacific region until 2023.

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 Figures

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)

List of Tables

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)

Frequently Asked Questions

What is the size of Food & Beverage Stevia Market?

The market for Food & Beverage Stevia Market is expected to reach US$ US$ 251.4 Mn By 2023.

What is the Food & Beverage Stevia Market CAGR?

The Food & Beverage Stevia Market is expected to see significant CAGR growth over the coming years, at 8.1%.

What is the Forecast period considered for Food & Beverage Stevia Market?

The report is forecasted from 2016 to 2023.

What is the base year considered for Food & Beverage Stevia Market?

The base year of this report is 2015.

Who are the major players in this market?

The Coca Cola Company, Nestle S.A., Evolva Holdings S.A., Stevia Corp., Pepsico Inc.Cargill Inc. are some of the major players in the global market.

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