Stevia Rebaudiana Market: Asia Pacific is the leading producer and consumer of stevia products
The stevia plant is a herb that can be used as sugar substitute and it is non caloric. Stevia herbs are available in different variety of species. Among all types of stevia, stevia rebaudiana is the sweetest plant and possess 200 to 250 times of sweetness than that of sucralose. There is high scope for the Stevia Rebaudiana Market in various regions across the globe during 2015-2020.
Scope and Regional Forecast of the Stevia Rebaudiana Market:
According to the IndustryARC research analysis studies on the Stevia Rebaudiana Market, growing demand in food and beverages industry and increasing utilization for manufacturing sweeteners for diabetic patients are the major driving applications of this market during 2015-2020.
The US is expected to have high demand for the Stevia Rebaudiana Market with increasing use of non-caloric sweeteners as per IndustryARC analysis. Japan is the major market for the stevia products with growing demand through 2020.
Asia Pacific is the major supplier of the Stevia Rebaudiana Market with China and India being the major suppliers and cultivators of stevia plants during 2015-2020.
The Stevia Rebaudiana Market is a rapidly growing market with growing demand for stevia rebaudiana bertoni in food and beverages industry, pharmaceuticals and others as sweeteners in various regions across the globe. This market is poised to witness high growth owing to the increasing use of rebaudiana bertoni extracts in pharmaceuticals for preparing stevia diabetes sweeteners and in food and beverages industry, growth in production of stevia plant for stevia planta medicinal use and stevia recipes and high sales of stevioside sweetening ingredients and diabetes stevia products in various regions across the globe during 2015-2020.
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Segmentation and Key Players of the Stevia Rebaudiana Market:
The Stevia Rebaudiana Market is segmented into various categories in the IndustryARC marketing research report by Key Functional/Sweetening Ingredient, by type of extracts, by end user applications and by geography as follows:
By Key Functional/Sweetening Ingredient: Rebaudioside A (Rebiana), Stevioside
By type of extracts: liquid extracts, powder extracts and stevia leaves
By end user industries: dairy foods, bakery, bottled and canned food, snacks, beverages industry, confectionery food, table top and surface dressing foods and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Stevia Rebaudiana Market according to the IndustryARC research report are as follows:
- PureCircle Ltd. (Malaysia)
- Cargill Inc. (U.S.)
- GLG LifeTech Corporation (Canada)
- Tate & Lyle Public Ltd. (U.K.)
- Sunwin Stevia International, Inc. (China)
The rise in use of stevia in pharmaceuticals is propelling the cultivation in various regions across the globe during 2015-2020.
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