In this report, covers the present scenario (with the base year being 2017) and the growth prospects of global — Stevia Extract market for 2018-2023.
Stevia rebaudiana (Bertoni) is a South American plant native to Paraguay that traditionally has been used to sweeten beverages and make tea. The word "stevia" refers to the entire plant and its components, only some of which are sweet. The sweet tasting components of the stevia plant are called steviol glycosides. Steviol glycosides can be isolated and purified from the leaves of the stevia plant and are now added to some foods, beverages and tabletop sweeteners in the U.S. and elsewhere. Stevia is a delicious alternative to tablesugar. It is often said to be up to 300 times sweeter than sugar, making it measurable by the drop or pinch, vs Tablespoon or cup.
As a burgeoning manufacturing industry, its value is significant, especially the rise of the food and medicine industry, sweetening agent become the new darling of the major manufacturers, Stevia Extract as a sweetening agent, has also been favorable, so optimize the production process and reduce manufacturing costs is now the manufacturer to consider.
Regionally, USA is the biggest consumption area of Stevia Extract in the world and the Europe follows.
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For next few years, the global Stevia Extract market revenue would keep increasing with annual growth rate with 7.83%. With the global Consumption capacity Stevia Extract will reach 20299 Tonnes in 2021. With the development of technology and rise of Consumption cost, the production of Nickel Sulfate will rising and the price of Stevia Extract will decline.
Over the next five years, projects that Stevia Extract will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Stevia Extract market by product type, application, key manufacturers and key regions.
To calculate the market size, considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
- Americas (United States, Canada, Mexico, Brazil)
- APAC (China, Japan, Korea, Southeast Asia, India, Australia)
- Europe (Germany, France, UK, Italy, Russia, Spain)
- Middle East & Africa(Egypt, South Africa, Israel, Turkey, GCC Countries)
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Tereos & PureCircle
- GLG Life Tech
- Biolotus Technology
- Tate & Lyle
- HuZhou LiuYin Biological
- Hunan NutraMax Inc.
- Tianjin Jianfeng
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Stevia Extract consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Stevia Extract market by identifying its various subsegments.
- Focuses on the key global Stevia Extract manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Stevia Extract with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Stevia Extract submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Name: Hrishikesh Patwardhan
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Release ID: 432987