BANGALORE, India, June 10, 2020 /PRNewswire/ -- The global stevia market size was valued at USD 637.1 Million in 2018 and is projected to reach USD 1,169.4 Million by 2026, growing at a CAGR of 8.0% from 2019 to 2026.
Stevia is part of the sugar substitute market. Stevia sweeteners are made by extracting steviol glycosides from the leaves of the stevia plant and purifying them to remove some of the bitter attributes found in the crude extract. Due to the adoption of a health cautions lifestyle, people are more inclined to use stevia as a substitute for sugar. Stevia is available in powdered, liquid, and leaf form, and is used for applications such as bakery, dairy products, desserts, pastries, dietary supplements, and others.
The stevia market report provides a quantitative analysis of the current stevia market trend, estimates, and dynamics of the global stevia market size from 2019 through 2026. The report analyzes the market share of all the major regions are mapped based on industry segment and size
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TRENDS INFLUENCING THE STEVIA MARKET SIZE
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STEVIA MARKET SHARE ANALYSIS
KEY MARKET SEGMENTS:
By End User
By Distribution Channel
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Global Stevia Extract market size is expected to reach 790 Million USD by 2025, from 440 Million USD in 2018, at a CAGR of 7.6% during the forecast period. Asia-Pacific has the largest global export quantity and producers in the Stevia Extract industry, while North America is the second-largest in terms of sales volume.
The Food and Beverage Stevia market report offers information on the size of the market in different regions (countries). The study includes a market size for the period 2015-2026, country-wise, and region-wise. It also includes market size and the Product and Application segment forecast for the period 2015-2026 in terms of sales and revenue.
The COVID -19 pandemic has spread to nearly 100 countries across the globe since the outbreak in December 2019. The global impacts of the 2019 coronavirus disease (COVID-19) are already starting to be felt and will affect the Whole Leaf Extracted Stevia Market significantly in 2020.
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This report provides a complete quantitative data and qualitative analysis of the global Reb-A Series Stevia market size. Market size is analyzed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Stevia, which is derived from the plant Stevia Rebaudiana, has a very low glycemic index and does not shoot up the blood sugar levels, making it ideal for diabetic patients. Besides this, stevia 's non-cariogenic nature makes it gentle on teeth. China is the largest manufacturing market region in the world. Leading players in the manufacturing of the Stevia Rebaudiana market are PureCircle, GLG Life Tech Corp, Julong High-tech.
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