Market Overview:
The global stevia rebaudiana oil market is expected to register a CAGR of XX% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for natural sweeteners and health benefits associated with stevia rebaudiana oil. Based on type, the global stevia rebaudiana oil market is segmented into 90% percent, 95% percent, and other. The 95% percent segment is expected to account for a major share of the global market during the forecast period. This can be attributed to its high purity and better taste as compared to other types of stevia rebaudiana oils. Based on application, the global market is segmented into pharmaceuticals, foods, cosmetics, and others. The pharmaceuticals segment is projected to witness highest growth during the forecast period owing to rising awareness about health benefits associated with consumption of stevia rebaudiana oil products.
Product Definition:
The oil is extracted from the stevia leaves and has a sweet taste. It can be used to sweeten food and drinks.
90% Percent:
90% percent is the concentration of sweetening ingredient in stevia rebaudiana plant extract. It is also known as “saccharin” or “calorie-free sugar”. The ingredient has zero calories and hence can be used by all age groups including kids, youth and adults.
95% Percent:
95% percent is the concentration of sweetener in stevia rebaudiana plant extract. It has a similar structure to that of sugar, but contains only trace amounts of carbohydrates and no fructose corn syrup. The product is used as a natural sweetener for food & beverages and pharmaceuticals products such as oral care preparations, cold & cough medicines, vitamins tablets/mineral supplements among others.
Application Insights:
The global stevia rebaudiana oil market has been segmented on the basis of application into pharmaceutical, food, cosmetics and others. The pharmaceutical segment held the largest share in 2017 due to extensive usage as an antidiabetic agent and for the treatment of diabetic neuropathy. Stevioside is a major compound found in the plant which possesses strong anti-oxidant properties; these are likely to drive product demand from pharma over the forecast period.
Stevia rebaudiana is also used for its medicinal benefits outside diabetes such as protection against cardiovascular diseases, hypertension and cancer owing to its sweet taste receptor interaction with brain regions involved in appetite control. This factor along with growing awareness about healthy lifestyle practices is expected to boost stevia oil consumption as a functional ingredient across various food applications over the forecast period.
Regional Analysis:
North America is expected to be the largest market for stevia rebaudiana oil globally over the forecast period. The region has been witnessing increasing demand for natural sweeteners due to consumer awareness about health and nutritional benefits. In addition, growing obesity problems in the U.S., Canada, and Mexico are anticipated to boost product demand in bakery products, desserts, candies, and other confectioneries during the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions with a CAGR of XX% from 2018 to 2030 owing high growth potential in key markets including China and India on account of rising health consciousness among consumers coupled with an increase in per capita income levels among middle class groups thereon impacting positively food choices such as preference for natural foods free from additives or preservatives which will drive product consumption over next eight years.
Growth Factors:
- Increasing demand for natural and healthy alternatives to artificial sweeteners.
- Growing awareness about the health benefits of Stevia Rebaudiana Oil.
- Rising popularity of zero-calorie foods and beverages.
- Technological advancements in extraction and purification processes of Stevia Rebaudiana Oil that will make it more affordable and accessible to consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stevia Rebaudiana Oil Market Research Report
By Type
90% Percent, 95% Percent, Other
By Application
Pharmaceutical, Foods, Cosmetics, Others
By Companies
Tereos & PureCircle, Cargill, Evolva, GLG Life Tech, Biolotus Technology, Layn, Tate & Lyle, Tereos & PureCircle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Stevia Rebaudiana Oil Market Report Segments:
The global Stevia Rebaudiana Oil market is segmented on the basis of:
Types
90% Percent, 95% Percent, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Foods, Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tereos & PureCircle
- Cargill
- Evolva
- GLG Life Tech
- Biolotus Technology
- Layn
- Tate & Lyle
- Tereos & PureCircle
Highlights of The Stevia Rebaudiana Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 90% Percent
- 95% Percent
- Other
- By Application:
- Pharmaceutical
- Foods
- Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stevia Rebaudiana Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stevia Rebaudiana is a natural sweetener extracted from the Stevia plant. It has a low glycemic index and is calorie-free.
Some of the major players in the stevia rebaudiana oil market are Tereos & PureCircle, Cargill, Evolva, GLG Life Tech, Biolotus Technology, Layn, Tate & Lyle, Tereos & PureCircle.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stevia Rebaudiana Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Stevia Rebaudiana Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stevia Rebaudiana Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Stevia Rebaudiana Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Stevia Rebaudiana Oil Market Size & Forecast, 2020-2028
4.5.1 Stevia Rebaudiana Oil Market Size and Y-o-Y Growth
4.5.2 Stevia Rebaudiana Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 90% Percent
5.2.2 95% Percent
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Foods
6.2.3 Cosmetics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stevia Rebaudiana Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Stevia Rebaudiana Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 90% Percent
9.6.2 95% Percent
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Foods
9.10.3 Cosmetics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 90% Percent
10.6.2 95% Percent
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Foods
10.10.3 Cosmetics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 90% Percent
11.6.2 95% Percent
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Foods
11.10.3 Cosmetics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 90% Percent
12.6.2 95% Percent
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Foods
12.10.3 Cosmetics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 90% Percent
13.6.2 95% Percent
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Foods
13.10.3 Cosmetics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Stevia Rebaudiana Oil Market: Competitive Dashboard
14.2 Global Stevia Rebaudiana Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tereos & PureCircle
14.3.2 Cargill
14.3.3 Evolva
14.3.4 GLG Life Tech
14.3.5 Biolotus Technology
14.3.6 Layn
14.3.7 Tate & Lyle
14.3.8 Tereos & PureCircle
