Key Findings
The China stevia market is predicted to project a CAGR of 5.28% during the forecast period, 20210-2025. China encompasses the biggest stevia planting area in the world, along with being the biggest stevia sweetener by export volume.
Market Insights
The China stevia sweetener market is at it budding stage, but the stevia leaf prices have undergone fluctuations in the past years. Enterprises in China first started using stevia sweeteners in 2015 to deviate from the conventional products. At has developed fast since then, with the country becoming the largest stevia producer as per Zenith International. Further, the majority of the export destinations of China has been Malaysia and the US. Several manufactures are increasing their investments in stevia to sustain the growing demand. Also, major manufacturing centers are witnessing increased production capacity to meet demands for usage in confectionaries, frozen desserts, and baked products. The country was also the largest source of high-intensity sweeteners in 2013.
Further, the carbonated beverage sector entails flavored and artificially colored food, sweetened and carbonated with chemicals. Sugar is the primary ingredient used in carbonated drinks. The growing consumption of the sugar increases the risk of obesity and diabetes. This has resulted in increased health concerns among the population, shifting their preference towards low-calorie products and organic ingredients. Such factors are projected to facilitate the China stevia market growth.
Competitive Insights
Some of the key companies operating in the market include, Foodchem International Corporation, Sunwin Stevia International Inc, Fraken Biochem Co Ltd, Guilin Layn Natural Ingredients Corp, Haihang Industry Co Ltd, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments