Stevia Market Overview Stevia is a native plant to South America and consists of sweet leaves. Stevia is a semi-humid, subtropical, and perennial plant which can be grown anywhere like in garden and earthen pot. Stevia is popularly used as a sweetener in soft drinks, ice cream, desserts, sauces, yogurts, pickled foods, bread, chewing gum, candy, prepared vegetables, and seafood. Stevia is 200 to 300 times sweeter than table sugar, which makes it a popular raw material by the manufacturers. Stevia as a sweetener can be used in different forms as leaves, powdered extract and liquid concentrates. Stevia is healthier and preferable over table sugar, as it is a natural sweetener without any adverse effects. Market Dynamics Widespread awareness of the benefits of stevia, rising health consciousness, and high prevalence of diabetes are the key factors fueling growth of stevia market. Demand for stevia is high due to its low calorie and high protein content and natural sweetener properties, which makes it safe to use compared to artificial sweeteners such as aspartame, saccharin, and neotame. Stevia is a high intensity sweetener therefore, it is very popular in various food applications such as confectionery products, beverages, baked goods, and sweet dairy products.
REPORT DESCRIPTION Market Taxonomy On the basis of application type, the global stevia market is segmented into: • Beverages • Packaged Food • Bakery and Confectionery Products • Table Top Sweetener • Others (Pharmaceutical and dietary supplements) On the basis of extract type, the global stevia market is segmented into: • Powdered • Whole Leaf • Liquid Extract Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/2082
Market Outlook Among applications, beverages and packaged food segments together accounted for the highest market share in 2017. Stevia’s sweetener concentration is much stronger compared to sugar and it causes minimal adverse effects on health and hence is increasingly being used in beverages and packaged food products. Stevia is approved for consumption by the regulatory bodies such as Food and Drug Administration of United States and European Nations. On the basis of extract type, powdered segment was dominant in the market in 2017. This is owing to easy storage and transportation of this powered form. The other benefits of powdered form of stevia includes longer shelf life as compared to whole leaf and liquid extract. This segment is projected to be dominant in the stevia market over the forecast period. North America held the highest market share in the global market in 2017. The region is projected to maintain its dominance over the forecast period, owing to increasing health awareness and use of stevia in pharmaceutical sector. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/2082
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