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The global stevia market size was USD 790.6 Million in 2021 and is expected to register a revenue CAGR of 8.5% during the forecast period, according to latest analysis by Emergen Research. Rising demand for stevia as an alternative for sucrose in the dairy industry and increasing investments by market players are factors expected to support market revenue growth between 2021 and 2030. In addition, Stevia has a sweet taste, which makes it capable of replacing sugar in a diet and has a very low calorific value, which makes it ‘no-calorie’ food. Stevia is also beneficial for indigestion-related problems, which decreases hunger and urges and cravings for sweets. Stevia when mixed with toothpaste helps to avoid gum disease, plaque buildup, and tooth decay. Moreover, increasing incidence of non-communicable diseases, such as diabetes and obesity, is expected to drive growth of the market during the forecast period. Stevia is a high-intensity sweetener, which is 200 times sweeter than sucrose, is used as a natural sweetener in the food & beverage industry and does not have any harmful effects on human body. It is also used as a tabletop sweetener in cafes and restaurants to add sweetness to instant beverages such as tea, coffee, and soft drinks.
Furthermore, application of Porters Five Forces Analysis to determine the status of various aspects such as the capability of both the suppliers and customers, threats posed by different substitutes, the intensity of competition and promising new vendors makes the study a valuable resource. Extensive analysis of data pertaining to the current as well as emerging trends offers clarity regarding the Stevia market dynamics. Besides, information on the performance of different companies, profit, gross margin, strategic initiative and more are presented through various resources such as tables, charts, and infographic. Get Free Exclusive Sample PDF Copy: @https://www.emergenresearch.com/request-sample/187 Key Players operating in the industry are: Ingredion Incorporated, Cargill, Tate & Lyle PLC, Archer Daniels Midland Company, PureCircle Limited, Evolva Holding SA, GLG Life Tech Corporation, The Coca-Cola Company, PepsiCo Inc., Sunwin Stevia International, Inc. Radical Features of the Stevia Market Report: The report encompasses Stevia market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies Supply chain analysis along with technological advancements offered in the report The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Stevia industry Request customization of the report @https://www.emergenresearch.com/request-for-customization/187 Segmentation: Product Form Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027) Leaf Liquid Powder Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027) Beverages Bakery & Confectionary Dairy Food Products Dietary Supplements Others Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027) North America U.S. Canada Europe Germany UK France BENELUX Rest of Europe Asia Pacific China Japan South Korea Rest of APAC Latin America Brazil Rest of LATAM MEA Saudi Arabia UAE Rest of MEA Regional Analysis Covers: North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) To know more about the report, visit @ https://www.emergenresearch.com/industry-report/stevia-market Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs. 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Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors. 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