Stevia is a natural sweetener extracted from a herbal plant species called Stevia rebaudiana. The active and major compounds in stevia, called Stevioside and Rebaudioside A, are responsible for its sweetness. In South American countries like Paraguay and Brazil, people have used its leaves for over hundreds of years. Besides sweetening the food, the leaves were traditionally used to treat burns, stomach problems, other ailments, etc.
Stevia is a 100% natural and zero-calorie sweetener which is 200 times sweeter than sugar and is known to have various health benefits. Since stevia has a low glycemic index and does not influence blood sugar levels, it is suitable for diabetic patients. Its non-cariogenic nature makes it mild on teeth resulting in good dental health. The growing awareness about the health benefits of stevia over sugar has led to a global increase in its demand because of which it is now commercially grown across the globe. As most of the low-calorie sweeteners available in the market are artificial, the demand for natural sweeteners like stevia has further expanded. Other factors influencing the global demand of stevia are the lifestyle changes, growing disposable income, awareness about maintaining a good health, government initiatives on reducing the sugar intake and the need to combat health problems like obesity and diabetes.
IMARC’s new report “Stevia Market – Industry Trends, Prices, Manufacturing Process, Applications, Raw Materials, Manufacturers, Regional Breakup and Mass Balance” provides a comprehensive insight into the dynamics of the stevia market. The market analysis includes volume trends, value trends, price trends, key players, market breakup by region, market breakup by end-use industries, key success factors, key risk factors, feedstock market trends, etc. Apart from the market analysis, the report also provides an exhaustive technical insight on stevia. This includes chemical information, manufacturing process, chemical reactions involved, raw material requirements, mass balance, conversion rate of feedstock, etc.
According to the report, the market is segmented on the basis of the forms of stevia available namely powder, liquid and leaf. The powder form currently holds the biggest market share, followed by liquid and leaf. Based on its end-uses, stevia finds its application mainly in the food, beverage and pharmaceutical markets. Its demand in the food sector is comparatively high due to the rising demand of low-calorie foods. The global stevia market has also been segmented on the basis of geography where Asia Pacific represented the biggest producer. Within Asia Pacific, China represented the leading producer of stevia. Asia Pacific was followed by the North American region where demand for natural sweeteners made from herbs is growing robustly especially in food and beverages. The third largest market for stevia was South America with Brazil, Colombia, Peru, Paraguay, and Uruguay being the key producers.
Key Questions Answered in This Report:
- What have been the historical and current volume trends in the stevia market?
- What have been the historical and current value trends in the stevia market?
- What have been the historical and current price trends in the stevia market?
- Which are the key regions in the stevia market and what is their breakup?
- Which are the key end-use industries for stevia and what is their breakup?
- What is the outlook of the stevia market?
- What are the key success factors in the stevia market?
- What are the key risk factors in the stevia market?
- Who are the key manufacturers in the stevia market?
- How is stevia manufactured?
- What are the raw material requirements during the manufacturing of stevia?
- What is the mass balance and conversion rate of feedstock during the manufacturing of stevia?
- What is the supply demand of various feedstock that are used in the manufacturing of stevia?
- Who are the key manufacturers of stevia feedstock?