The article cited AMA's Global Stevia Rebaudiana Market Study explored significant growth with CAGR of 8.5%. According to the report, Demand for High-Potency Sweeteners is one of the primary growth factors for the market. Anti-diabetic Properties: {Stevia Rebaudiana can defeat plasma glucose level and significantly increase glucose tolerance as it has the ability to increase insulin effect on the cell membrane, thus increases insulin production and stabilizes blood sugar level}
is also expected to contribute significantly to the Stevia Rebaudiana market. Overall, Flavor Enhancers
applications of Stevia Rebaudiana, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models a trend that will continue in the future.
AMAs Analyst on the Global Stevia Rebaudiana Market identified that the demand is rising in many different parts of the world due to "Growing Use of Stevia Rebaudiana as Sugar Substitute Product
". Furthermore, some recent industry insights like "In April 2021, Archer-Daniels-Midland Company inaugurated a new plant-based innovation lab, located in ADM’s Biopolis research hub in Singapore. The lab is expected to develop “next-level, on-trend” and nutritious products to meet growing food and beverage demand in the Asia-Pacific region., In January 2021, Tate & Lyle and Codexis extended and deepened their partnership to enhance the production of two of Tate & Lyle’s newest sweeteners: DOLCIA PRIMA® Allulose and TASTEVA® M Stevia Sweetener. and In 2018, GLG Life Tech Corporation collaborated with Archer Daniels Midland Company and introduced Reb M product line. This stevia-based product is a sugar substitute product with better-tasting and low-calorie natural sweetening to provide better taste and experience." is constantly making the industry dynamic. One of the challenges that industry facing is "High Price of Product"
The End-User Industry, such as Food & Beverage Industry, is boosting the Stevia Rebaudiana market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Form, such as Liquid, is boosting the Stevia Rebaudiana market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Packaging, such as Bags, is boosting the Stevia Rebaudiana market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Sweetening Agents, such as Rebaudioside A, is boosting the Stevia Rebaudiana market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Stevia Rebaudiana market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Stevia Rebaudiana market and other related sub-markets covered in the study.
o Key & emerging players in the Stevia Rebaudiana market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Stevia Rebaudiana market size is calculated using market estimation process, the Stevia Rebaudiana market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Stevia Rebaudiana market size has been validated using both top-down and bottom-up approaches.