The study covers a detailed analysis segmented by key business segments i.e. , by application (Bakery, Dairy Food Products, Beverages, Dietary Supplements, Confectionery, Pharmaceutical and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Stevia Sweetener market throughout the predicted period.
What is Stevia Sweetener?
Stevia is a natural sweetener plant which is grown commercially in many countries. The leaves of stevia are the source of sweet glycosides. It is mainly used as a sweetener and flavour enhancer in the food and beverage industry. The chemical compound obtained from stevia is considered to be the best alternative source of sugar especially for diabetes patients. Stevia is gaining significant popularity in different parts of the world and is expected to be a major source of high potency sweetener. With zero calories, the plant is being recognized as a great replacement for sugar and other sweeteners. Japan is currently using large amounts of stevia.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Stevia Sweetener market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- Cargill, Incorporated (United States)
- PureCircle (Malaysia)
- Tate & Lyle (United Kingdom)
- Ingredion Incorporated (United States)
- Archer Daniels Midland Company (United States)
- Evolva (Switzerland)
- GLG LIFE TECH CORP. (Canada)
- Sunwin Stevia International, Inc. (China)
- HYET Sweet (France)
- Archer Daniels Midland Company (United States)
Market Overview:
On June 21, 2019- DKSH has extended to Vietnam its exclusive partnership with Tate & Lyle, a leading global supplier of food and beverage ingredients and solutions. The extended exclusive partnership agreement covers all products from Tate & Lyles portfolio: fibers, low and no calorie sweeteners, stabilisers and texturants used in a wide range of applications.
Market Trend
Rising Awareness about the Health Benefits of Stevia and Government Initiatives on Reducing the Sugar Intake
Restraints
- Variation in Stevia Leaf Prices
Opportunities
Increasing Demand for Naturally Derived Sweeteners
Key highlights of the Global Stevia Sweetener market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Stevia Sweetener market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Stevia Sweetener market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Stevia Sweetener Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Stevia Sweetener market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Stevia Sweetener market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Stevia Sweetener, Suppliers of Stevia Sweetener, Wholesalers, Distributors and Retailers of Stevia Sweetener, Food and Beverage Industry, Pharmaceutical Industry, Research Organization and Governmental Bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.