Maximize Market Research's latest report, " Global Stevia Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Stevia Market, which was valued US$ 488.80 Mn in 2019 and is expected to reach US$ 980.50 Mn by 2027, at a CAGR of 8.04 % during a forecast period.
Global Stevia Market Overview
The increasing awareness about the health benefits by stevia over the sugar content is expected to drive the growth in the global stevia market. Growing consciousness about the low-calorie sweeteners, which are available in the market in artificial are expected to increase the demand for natural sweeteners like stevia. Factors like impelling the global demand of stevia are the inclination toward change in lifestyle, increasing disposable incomes, government initiatives on sinking the sugar intake and the requirement to contest health problems such as obesity and diabetes are expected to boom global stevia market.
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Global Stevia Market Major Market Players
• Ingredion Incorporated
• Tate Lyle PLC
• Purecircle Limited
• GLG Life Tech Corporation
• Archer Daniels Midland Company
• Sunwin Stevia International, Inc.
• SW Seed Company
• Pyure Brands LLC
• Morita Kagakau Kogyo Co. Ltd.
• Zhucheng Haotian Pharm Co. Ltd
• Evolva Holding SA
• Jining Aoxing Stevia Products Co., Ltd.
• Sweet Green Fields LLC
• Bio sweet Ventures
• Stevia First Corporation
• Stevia Biotech Pvt. Ltd.
• Jhanil Healthcare Pvt. Ltd.
• Van Wankum Ingrediens
• Morita Kagaku Kogyo Co., Ltd.
• Real Stevia Company
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Stevia Market by Types and Applications:
Global Stevia Market, By Extract Type
• Whole leaf
Global Stevia Market, By Form
The report has covered the market size by country (regions) for the global Stevia market. Segment by Application. The Stevia Market is divided into the North America Europe, ASIA Pacific, Middle East Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Stevia Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Stevia Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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