Stevia Market Size Worth USD 1,185.0 Million by 2027 | CAGR of 9.6%: Emergen Research

Stevia Market Size Worth USD 1,185.0 Million by 2027 | CAGR of 9.6%: Emergen Research

PR Newswire

VANCOUVER, B.C., Oct. 29, 2020

- Increasing preference among consumers for low-calorie beverage and food products and the rising demand for stevia-based sugar substitute products from the food and beverage sector are driving the demand of the market

- Market Size – USD 595.8 million in 2019, Market Growth - CAGR of 9.6%, Market Trends- Growing consumer preferences for plant-based sweeteners

VANCOUVER, B.C., Oct. 29, 2020 /PRNewswire/ -- The Global Stevia Market is estimated to be worth USD 1,185.0 million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the rising awareness among consumers regarding the adverse effects of sugar on health. Rising obesity and diabetes, coupled with the growing number of patients suffering from cardiovascular disease, is speculated to drive the demand for stevia-based sugar substitutes.

Emergen Research Logo

Growing preferences among consumers for plant-based sugar substitutes are most likely to propel the growth of the market over the forecast period. The zero calories and zero glycemic index characteristics of stevia are projected to increase its adoption. Moreover, the wide popularity of clean-labeling has also boosted the sales of stevia.

Growing government initiatives to promote the adoption of stevia-based sugar substitutes and reduce sugar intake is predicted to increase the demand for stevia. Governments in the U.S. and Europe are also providing support to the cultivation of stevia by drafting favorable regulations, which is likely to propel the industry's growth over the forecast period.

Request free sample of this research report at: https://www.emergenresearch.com/request-sample/187

Key Highlights From The Report

To get leading market solutions, visit the link below:

https://www.emergenresearch.com/industry-report/stevia-market

Emergen Research has segmented the Global Stevia Market on the basis of Product Form, Application, and Region:

Order Now: https://www.emergenresearch.com/select-license/187

1. U.S.
2. Canada

1. Germany
2. U.K.
3. France
4. BENELUX
5. Rest of Europe

1. China
2. Japan
3. South Korea
4. Rest of APAC

1. Brazil
2. Rest of LATAM

1. Saudi Arabia
2. UAE
3. Rest of MEA

Find more similar research insights by Emergen Research:

3D Food Printing Market By 3D Printer Type (Inkjet-based, Extrusion Base), By Ingredient (Fruits and Vegetables, Dough, Proteins, Dairy Products, Sauces, Carbohydrates), By Industry Vertical (Government, Commercial, Residential), and By Region, Forecasts to 2027

Food Ingredients Market By Type (Preservatives, Sweeteners, Emulsifiers, Anti-Caking, Enzymes, Hydrocolloids, Food Flavors and Enhancers, Food Colorants, Acidulants), By Application (Bakery, Beverages, Dairy, Meet, Vegan), By Sales Channel (Online, Offline) and Regions Forecasts to 2027

Dietary Supplements Market By End User (Adults, Pregnant Women), By Application (Energy & Weight management), By Form (Powders, Tablets), By Ingredient (Vitamins, Protein), By Distribution Channel, Forecasts to 2027

Sugar Substitutes Market
By Origin (Artificial/Synthetic, Natural), By Type (Low-intensity sweeteners, High-intensity sweeteners), By Composition (Sugar Alcohols, Stevia, Saccharine, Sucralose) By Application (Beverage, Food), Forecasts to 2027

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a 'Circular Economy,' fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.

Contact Us:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com

Read full Press Release at: https://www.emergenresearch.com/press-release/global-stevia-market

Logo: https://mma.prnewswire.com/media/1252126/Emergen_Research_Logo.jpg

Voltar noticias em Inglês