Market Highlights: Stevia is a natural sweetener plant which is grown commercially in many countries. The leaves of stevia are the source of sweet glycosides. It is mainly used as a sweetener and flavour enhancer in the food and beverage industry. The chemical compound obtained from stevia is considered to be the best alternative source of sugar especially for diabetes patients. Stevia is gaining significant popularity in different parts of the world and is expected to be a major source of high potency sweetener. With zero calories, the plant is being recognized as a great replacement for sugar and other sweeteners. Japan is currently using large amounts of stevia. The market study is being classified, by Application (Bakery, Dairy Food Products, Beverages, Dietary Supplements, Confectionery, Pharmaceutical and Others) and major geographies with country level break-up that includes 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).
Key Players: The prominent players in the Stevia Sweetener are Cargill, Incorporated (United States), PureCircle (Malaysia), Tate & Lyle (United Kingdom), Ingredion Incorporated (United States), Archer Daniels Midland Company (United States), Evolva (Switzerland), GLG LIFE TECH CORP. (Canada), Sunwin Stevia International, Inc. (China), HYET Sweet (France) and Archer Daniels Midland Company (United States).
Major Market Development Highlights On June 21, 2019- DKSH has extended to Vietnam its exclusive partnership with Tate & Lyle, a leading global supplier of food and beverage ingredients and solutions. The extended exclusive partnership agreement covers all products from Tate & Lyle’s portfolio: fibers, low and no calorie sweeteners, stabilisers and texturants used in a wide range of applications.
Key Questions Answered in the Report What will the Stevia Sweetener Market size and the growth rate be in Future? What are the key factors driving the Stevia Sweetener Market? What are the key market trends and macro-economic impacting the growth of the Stevia Sweetener Market? What are the challenges to market growth? Who are the key vendors in the Stevia Sweetener Market? What are the market opportunities and threats faced by the vendors in the Stevia Sweetener Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Stevia Sweetener Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Stevia Sweetener market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Stevia Sweetener market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Stevia Sweetener, Suppliers of Stevia Sweetener, Wholesalers, Distributors and Retailers of Stevia Sweetener, Food and Beverage Industry, Pharmaceutical Industry, Research Organization and Governmental Bodies. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.