-- HTF Market Intelligence released a new research report of 114 pages on title 'Global Stevia Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as PureCircle (Malaysia) , GLG Life Tech Corp (Canada) , Julong High-tech (China) , Biolotus Technology (China) , Haotian Pharm (China) , Cargill-Layn (United States) , Haigen Stevia (China) , Shangdong Huaxian Stevia (China) , Jining Aoxing Stevia Products (China) , Shandong Shengxiangyuan (China) , Wagott Pharmaceutical (China) , Wisdom Natural (China) , Sunwin Stevia International Corp (China) and Merisant (United States)
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Summary
Market Overview:
Stevia market may reach an estimated market value of USD875.2 Million by 2025 growing at a CAGR of 7.52%.
Segment Analysis
Advance Market Analytics has segmented the market of Global Stevia market into Type, Application and Region. On the basis of Type, Reb-A Series are dominating the market and held 34.0% of market share in the year 2017 whereas STV Series stood as second largest market share and accounted for 25.0%.
On the basis of application, Beverage segment is dominating the market and held 31.0% of market share in the year 2017 whereas Food segment stood as second largest market.
On the basis of geography, the market of Stevia has been segmented into South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) . North America region held largest market share in the year 2017. China on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Trend:
Customers are now focusing on healthy lifestyle
Producers are focusing more on new-fangled products, better experience, better convenience and with easy obtainability, exceeding expectation and better service
Health organization advocate the use of low-calorie sugar substitutes
In addition to the aforementioned factor, Increasing use of stevia in the pharmaceutical sector to combat the bitterness of drugs will support the product demand from this segment is expected to propel the growth of the market over the forecast period.
Competitive Landscape:
The key Vendors profiled in the study are PureCircle (Malaysia) , GLG Life Tech Corp (Canada) , Julong High-tech (China) , Biolotus Technology (China) , Haotian Pharm (China) , Cargill-Layn (United States) , Haigen Stevia (China) , Shangdong Huaxian Stevia (China) , Jining Aoxing Stevia Products (China) , Shandong Shengxiangyuan (China) , Wagott Pharmaceutical (China) , Wisdom Natural (China) , Sunwin Stevia International Corp (China) and Merisant (United States). A lot of Chinese players are profiled in the research study indicating a strong market dependence.
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Table of Contents
1 Market Overview
1.1 Stevia Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
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Organization: HTF Market Intelligence Consulting Private Limited
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Website: https://www.htfmarketreport.com/buy-now?format=1&report=1467858
Release ID: 454414
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