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Stevia Market by Extract Type (Whole Leaf, Powdered, Liquid), Application (Dairy, Bakery & Confectionery, Tabletop Sweeteners, Beverages, Convenience Foods), Form (Dry, Liquid), and Region - Global Forecasts to 2022

Stevia Market by Extract Type (Whole Leaf, Powdered, Liquid), Application (Dairy, Bakery & Confectionery, Tabletop Sweeteners, Beverages, Convenience Foods), Form (Dry, Liquid), and Region - Global Forecasts to 2022

“Stevia market projected to grow at a CAGR of 9.5% during the forecast period”
The stevia market is estimated at USD 490.1 million in 2017 and is projected to grow at a CAGR of 9.5% to reach USD 771.5 million by 2022. The market is driven by factors such as rise in per capita consumption of zero calorie beverages and development of innovative stevia products that are cost-effective as well as beneficial for heath. The high growth potential in emerging markets and untapped regions provide new growth opportunities for market players. Due to its zero glycemic index and zero calories, stevia has gained popularity in many countries. FDA approval and attributing GRAS status to steviol glycosides with reduced Reb A acted as a positive influencing factor for the stevia market. In the last five years, leading food safety and regulatory agencies across the world have issued positive safety opinions on and/or allowed the safe use of purified stevia leaf extracts in food & beverages. One of the major restraining factors of the stevia market is the volatility of stevia leaf prices, which depend on seasonal fluctuations and crop yield. Many countries offer a wide range of stevia varieties, which also vary widely in stevia wholesale and retail prices leaving the prices for stevia in different regions unstable.

“The tabletop sweeteners segment, by application, is projected to be the fastest-growing in the stevia industry”
On the basis of application, the tabletop sweeteners segment is projected to be the fastest-growing, particularly in developing Asian economies with greater demand for sugar replacers. The convenience foods market is driven by significant product innovation, new product introduction, changes in preferences of consumers toward taste & flavor, and rise in demand for premium quality products.

“India: The future of the stevia industry”
Increase in demand for convenience foods, low calorie beverages, and tabletop sweeteners, coupled with the constantly changing lifestyles has increased the demand for stevia in India and other developing Asian economies. With a rise in disposable income levels and inclination toward western eating habits, several users are willing to spend on new innovative stevia-based products and incorporate sugar substitutes such as stevia in their diets.
The U.S. accounted for the largest country-level market for stevia in 2016, whereas the market in India is projected to grow at the highest CAGR in terms of value.

Break-up of Primaries:
By Company – Tier 1 – 41 %, Tier 2 – 37% and Tier 3 – 22%
By Designation – C level – 44%, Director level – 36%, and Others – 20%
By Region – North America - 26%, Europe – 20%, Asia-Pacific – 30%, and RoW – 24%

Leading players such as Cargill (U.S.), Ingredion Inc. (U.S.), Tate & Lyle PLC (U.K.), PureCircle Ltd. (Malaysia), and GLG Life Tech Corporation (Canada) have been profiled in the report. The other players include Jining Aoxing Stevia Products Co., Ltd. (China), Archer Daniels Midland Company (U.S.), Sunwin Stevia Internaional Inc. (China), S&W Seed Company (U.S.), and Stevia First Corporation (U.S.).

Research Coverage:
The report analyzes the stevia market across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as extract type, application, form, and region. The report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Reasons to buy this report:
• To get a comprehensive overview of the global stevia market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the stevia market is flourishing


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
    • PERIODIZATION CONSIDERED FOR THE STUDY
    • CURRENCY CONSIDERED
    • UNITS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MACRO INDICATORS
      • INCREASING CONSUMER DEMAND FOR NATURAL SWEETENERS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • REGULATIONS
      • NORTH AMERICA
      • EUROPE
      • ASIA-PACIFIC
  • STEVIA MARKET, BY EXTRACT TYPE
    • INTRODUCTION
      • Table STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (USD MILLION)
      • Table STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (TONS)
    • WHOLE LEAF
      • Table STEVIA: WHOLE LEAF EXTRACT MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: WHOLE LEAF EXTRACT MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • POWDERED
      • Table STEVIA: POWDERED EXTRACT MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: POWDERED EXTRACT MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • LIQUID
      • Table STEVIA: LIQUID EXTRACT MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: LIQUID EXTRACT MARKET SIZE, BY REGION, 2015-2022 (TONS)
  • STEVIA MARKET, BY APPLICATION
    • INTRODUCTION
      • Table STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (TONS)
    • DAIRY
      • Table STEVIA: DAIRY MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: DAIRY MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • BAKERY & CONFECTIONERY
      • Table STEVIA: BAKERY & CONFECTIONERY MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: BAKERY & CONFECTIONERY MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • TABLETOP SWEETENERS
      • Table STEVIA: TABLETOP SWEETENERS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: TABLETOP SWEETENERS MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • BEVERAGES
      • Table STEVIA: BEVERAGES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: BEVERAGES MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • CONVENIENCE FOODS
      • Table STEVIA: CONVENIENCE FOODS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: CONVENIENCE FOODS MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • OTHER APPLICATIONS
      • Table STEVIA: OTHER APPLICATIONS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: OTHER APPLICATIONS MARKET SIZE, BY REGION, 2015-2022 (TONS)
  • STEVIA MARKET, BY FORM
    • INTRODUCTION
      • Table STEVIA MARKET SIZE, BY FORM, 2015-2022 (USD MILLION)
      • Table STEVIA MARKET SIZE, BY FORM, 2015-2022 (TONS)
    • DRY
      • Table STEVIA: DRY FORM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: DRY FORM MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • LIQUID
      • Table STEVIA: LIQUID FORM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA: LIQUID FORM MARKET SIZE, BY REGION, 2015-2022 (TONS)
  • STEVIA MARKET, BY REGION
    • INTRODUCTION
      • Table STEVIA MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table STEVIA MARKET SIZE, BY REGION, 2015-2022 (TONS)
    • NORTH AMERICA
      • U.S.
      • CANADA
      • MEXICO
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY COUNTRY, 2015-2022 (TONS)
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (USD MILLION)
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (TONS)
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY FORM, 2015-2022 (USD MILLION)
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY FORM, 2015-2022 (TONS)
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
        • Table NORTH AMERICA: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (TONS)
    • EUROPE
      • GERMANY
      • U.K.
      • ITALY
      • FRANCE
      • REST OF EUROPE
        • Table EUROPE: STEVIA MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table EUROPE: STEVIA MARKET SIZE, BY COUNTRY, 2015-2022 (TONS)
        • Table EUROPE: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (USD MILLION)
        • Table EUROPE: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (TONS)
        • Table EUROPE: STEVIA MARKET SIZE, BY FORM, 2015-2022 (USD MILLION)
        • Table EUROPE: STEVIA MARKET SIZE, BY FORM, 2015-2022 (TONS)
        • Table EUROPE: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
        • Table EUROPE: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (TONS)
    • ASIA-PACIFIC
      • JAPAN
      • CHINA
      • INDIA
      • REST OF ASIA-PACIFIC
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY COUNTRY, 2015-2022 (TONS)
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (USD MILLION)
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (TONS)
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY FORM, 2015-2022 (USD MILLION)
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY FORM, 2015-2022 (TONS)
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
        • Table ASIA-PACIFIC: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (TONS)
    • REST OF THE WORLD (ROW)
      • SOUTH AMERICA
      • MIDDLE EAST & AFRICA
        • Table ROW: STEVIA MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table ROW: STEVIA MARKET SIZE, BY REGION, 2015-2022 (TONS)
        • Table ROW: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (USD MILLION)
        • Table ROW: STEVIA MARKET SIZE, BY EXTRACT TYPE, 2015-2022 (TONS)
        • Table ROW: STEVIA MARKET SIZE, BY FORM, 2015-2022 (USD MILLION)
        • Table ROW: STEVIA MARKET SIZE, BY FORM, 2015-2022 (TONS)
        • Table ROW: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
        • Table ROW: STEVIA MARKET SIZE, BY APPLICATION, 2015-2022 (TONS)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • VENDOR DIVE ANALYSIS
      • VANGUARDS
      • INNOVATORS
      • DYNAMIC
      • EMERGING
    • COMPETITIVE BENCHMARKING
      • PRODUCTS OFFERED (FOR ALL 24 COMPANIES)
      • BUSINESS STRATEGY (FOR ALL 24 COMPANIES)
  • COMPANY PROFILES
    • INTRODUCTION
    • CARGILL
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • INGREDION INCORPORATED
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • TATE & LYLE PLC
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • PURECIRCLE LIMITED
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • GLG LIFE TECH CORPORATION
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ARCHER DANIELS MIDLAND COMPANY
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SUNWIN STEVIA INTERNATIONAL, INC.
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • S&W SEED COMPANY
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
    • PYURE BRANDS LLC
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • MORITA KAGAKAU KOGYO CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECAED
      • PRODUCTS OFFERED
    • ZHUCHENG HAOTIAN PHARM CO. LTD
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECAED
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • EVOLVA HOLDING SA
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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