The Global Stevia Market is expected to grow from USD 772.56 Millions in 2018 to USD 1390.57 Millions by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 8.75%. The growth in the market is majorly attributed to soaring demand for low-calorie sweeteners owing to health benefits and increase application in the beverage industry .
The positioning of the Global Stevia Market vendors in FPNV Positioning Matrix are determined by Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinders, N: Niche, and V: Vital).
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Stevia Market including are Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Purevia, Stevia Biotech Pvt. Ltd., Biosweet Ventures, Evolva Basel, GLG Life Tech Corporation, Jhanil Healthcare Pvt. Ltd., Jining Aoxing Stevia Products Co., Ltd., Morita Kagaku Kogyo Co., Ltd., Purecircle Ltd, Pyure Brands LLC, Real Stevia Company, S&W Seed Company, Stevia Corp, Stevia First Corporation, Steviaone SA, St?vial, Sunwin Stevia Internaional Inc., Sweet Green Fields LLC, Tate & Lyle PLC, Van Wankum Ingrediens, and Zhucheng Haotian Pharmaceutical Co., Ltd..
The factors attributing to the growth of the market are Increase application in the beverage industry, Supportive regulatory framework, Rising demand for plant-based natural sweetener ingredient, Growing number of obese and diabetic people, and Soaring demand for low-calorie sweeteners owing to health benefits. However, some factors such as Availability of counterfeit low-calorie sweeteners may hinder the market growth. The Global Stevia Market is expected to showcase the opportunities such as Growing use in sports nutrition products. In the near future market may face the possible challenges in the growth due to Fluctuation in Stevia leaf prices. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the Global Stevia Market.
On the basis of Form, the Global Stevia Market is studied across Leaf, Liquid, and Powder.
On the basis of Distribution Channel, the Global Stevia Market is studied across Offline Mode and Online Mode.
On the basis of Application, the Global Stevia Market is studied across Bakery & Confectionery, Beverages, Dairy Products, Dietary Supplements, and Pharmaceuticals.
For the detailed coverage of the study, the market has been geographically divided into the Americas, Asia-Pacific, and Europe, Middle East & Africa. The report provides details of qualitative and quantitative insights about the major countries in the region and taps the major regional developments in detail.
In the report, we have covered two proprietary models, the FPNV Positioning Matrix and Competitive Strategic Window. The FPNV Positioning Matrix analyses the competitive market place for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.
Our market forecasting is based on a market model derived from market connectivity, dynamics, and identified influential factors around which assumptions about the market are made. These assumptions are enlightened by fact-bases, put by primary and secondary research instruments, regressive analysis and an extensive connect with industry people. Market forecasting derived from in-depth understanding attained from future market spending patterns provides quantified insight to support your decision-making process. The interview is recorded, and the information gathered in put on the drawing board with the information collected through secondary research.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the Global Stevia Market
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the Global Stevia Market
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Stevia Market
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Stevia Market
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Stevia Market
The report answers questions such as:
1. What is the market size of Stevia market in the Global?
2. What are the factors that affect the growth in the Global Stevia Market over the forecast period?
3. What is the competitive position in the Global Stevia Market?
4. Which are the best product areas to be invested in over the forecast period in the Global Stevia Market?
5. What are the opportunities in the Global Stevia Market?
6. What are the modes of entering the Global Stevia Market?