Lucintel Forecasts Stevia Market To Grow At A Cagr Of 8%-10% From 2020 To 2025

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According to the recent study the stevia market is projected to grow at a CAGR of 8%-10% from 2020 to 2025. Growth in this market is primarily driven by growing awareness of health benefits of stevia over sugar and increasing demand for new food product development with lower calorie content.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in stevia market by extract type (leaf, powdered, and liquid), form (dry and liquid), extract type (dairy, bakery & confectionery, tabletop sweeteners, beverages, convenience foods, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/stevia-market.aspx

“Leaf market is expected to remain the largest segment during the forecast period.”
Based on extract type, the stevia market is segmented into leaf, powdered, and liquid. Lucintel forecasts that the leaf market is expected to remain the largest segment due to demand for whole leaf stevia among food & ...
... beverage manufacturers and processors.
“Within the stevia market, the beverages segment is expected to remain the largest application.”
Based on application the beverages segment is expected to witness the highest growth over the forecast period due to growing consumption of soft drinks, carbonated drinks, juices, and energy drinks with low sugar levels.
“Asia pacific will dominate the stevia market in near future.”
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.
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Major players of stevia market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cargill, Ingredion, Tate & Lyle, Purecircle, GLG Life Tech, Archer Daniels Midland, Sunwin Stevia International, S&W Seed, Pyure Brands, and Morita Kagakau Kogyo. are among the major stevia providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/stevia-market.aspx or helpdesk@lucintel.com
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Contact:
Brandon Fitzgerald
Lucintel
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