Lucintel Blog: Stevia Market is anticipated to grow at a CAGR of 8%-10% from 2020 to 2025

Wednesday, December 22, 2021

Stevia Market is anticipated to grow at a CAGR of 8%-10% from 2020 to 2025

The global stevia market is projected to grow at a CAGR of 8%-10% from 2020 to 2025. The growth of stevia market is driven by growing awareness of health benefits of stevia over sugar and increasing demand for new food product development with lower calorie content.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising potential, high-growth opportunities for the global stevia market by extract type (leaf, powdered, and liquid), form (dry and liquid), application (dairy, bakery & confectionery, tabletop sweeteners, beverages, convenience foods, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the stevia market?

Q.4 What are some changing demands of customers in the stevia market?

Q.5 What are the new developments in the stevia market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this stevia area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this stevia market?

Download Brochure of this report by clicking on https://www.lucintel.com/stevia-market.aspx

Market Segmentation:

Based on extract type, the stevia market is segmented into leaf, powdered, and liquid. The leaf segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to demand for whole leaf stevia among food & beverage manufacturers and processors.

Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to rising disposable income and growing consumption of soft drinks, carbonated drinks, juices, and energy drinks in the region.

Key Players in the stevia market are Cargill, Ingredion, Tate & Lyle, Purecircle, GLG Life Tech, Archer Daniels Midland, Sunwin Stevia International, S&W Seed, Pyure Brands, and Morita Kagakau Kogyo.

Request Sample Pages by clicking on

https://www.lucintel.com/stevia-market.aspx

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/stevia-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

Related reports

Clean Label Ingredient Market:

For more details click here https://www.lucintel.com/clean-label-ingredient-market.aspx

Food Processing Market:

For more details click here https://www.lucintel.com/food-processing-market.aspx

Food Safety Testing Market:

For more details click here https://www.lucintel.com/food-safety-testing-market.aspx

Processed Meat Market:

For more details click here https://www.lucintel.com/processed-meat-market.aspx

Yeast And Yeast Extract Market:

For more details click here https://www.lucintel.com/yeast-and-yeast-extract-market.aspx