Market Overview:
The global stevia sugar blends market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for natural and organic stevia sugar blends from the food and beverage industry. North America is expected to dominate the global market in terms of revenue, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Stevia sugar blends are a combination of natural sweeteners and artificial sweeteners. They are made with stevia extract, which is a calorie-free sweetener derived from the leaves of the stevia plant. Stevia sugar blends are important because they offer a better-tasting alternative to artificial sweeteners. They also provide fewer calories than regular sugar, making them a good choice for people who are trying to lose weight or manage their blood sugar levels.
Natural Stevia Sugar:
Natural stevia sugar is also known as erythritol and monatin. It is a natural sweetener extracted from the leaves of Stevia rebaudiana plant, which is native to South America and parts of Africa. The global market for natural stevia sugar has witnessed significant growth in the recent past on account of its increasing demand in food & beverage industry as an artificial or natural sweetening ingredient.
Organic Stevia Sugar:
Organic stevia sugar is also known as erythritol and is a natural sugar. It has the same molecular structure as regular sugar but different chemical properties. The main difference between this product and regular table sugar ( sucrose )is that organic stevia contains fewer calories than conventional table sugar.
Application Insights:
The food industry accounted for more than 70% of the total demand in 2016. The product is used as a natural sweetener in various bakery, confectionery and dairy products such as cakes, pastries, cookies, ice creams and spreads. It is also employed in functional foods & beverages to provide nutrition information on labels. Rising awareness regarding health benefits among consumers especially pertaining to weight management will drive the segment over the forecast period.
Stevia has been approved by U.S Food and Drug Administration (FDA) under GRAS system of classification as a Generally Recognized As Safe (GRAS) substance which enables its use within food formulations without exceeding applicable safety limits set by United States Government Accountability Office (GAO).
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to growing consumer awareness regarding health, fitness, and weight loss coupled with stringent government regulations on artificial sweeteners. The U.S.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to rapid urbanization along with changing lifestyle patterns resulting into increased consumption of packaged foods.
Growth Factors:
- Increasing demand for natural and low-calorie sweeteners: The global market for Stevia Sugar Blends is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for natural and low-calorie sweeteners across the globe.
- Rising awareness about the health benefits of Stevia Sugar Blends: There is a growing awareness among consumers about the health benefits of using Stevia Sugar Blends as a sugar substitute. This is likely to boost the growth of this market in coming years.
- Growing popularity of healthy lifestyles: A growing number of people are now adopting healthy lifestyles, which has led to an increase in demand for healthier food products, including those that contain Stevia Sugar Blends as a sugar substitute.
- Technological advancements in production processes: The technological advancements in production processes have helped reduce the cost associated with manufacturing Stevia Sugar Blends products, thereby driving their adoption globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stevia Sugar Blends Market Research Report
By Type
Natural Stevia Sugar, Organic Stevia Sugar
By Application
Food Industry, Beverage Industry
By Companies
Purevia Blends, Truvia Truvia, Almendra Stevia, Sun Fruits, Stevia Biotech Pvt. Ltd, NOW Foods, Natural Stevia Sweetener, CSR, Zingstevia, Niutang Chemical, Purevia Blends
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Stevia Sugar Blends Market Report Segments:
The global Stevia Sugar Blends market is segmented on the basis of:
Types
Natural Stevia Sugar, Organic Stevia Sugar
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
Food Industry, Beverage Industry
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:
- Purevia Blends
- Truvia Truvia
- Almendra Stevia
- Sun Fruits
- Stevia Biotech Pvt. Ltd
- NOW Foods
- Natural Stevia Sweetener
- CSR
- Zingstevia
- Niutang Chemical
- Purevia Blends
Highlights of The Stevia Sugar Blends 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:
- Natural Stevia Sugar
- Organic Stevia Sugar
- By Application:
- Food Industry
- Beverage Industry
- 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 Sugar Blends 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:
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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 sugar blends are a type of sweetener that is made from the Stevia plant. This plant is a member of the Asteraceae family and is native to Paraguay and Brazil. The stevia plant has been used for centuries as a natural sweetener in South America. Today, many companies have developed stevia sugar blends as an alternative to other types of artificial sweeteners.
Some of the major companies in the stevia sugar blends market are Purevia Blends, Truvia Truvia, Almendra Stevia, Sun Fruits, Stevia Biotech Pvt. Ltd, NOW Foods, Natural Stevia Sweetener, CSR, Zingstevia, Niutang Chemical, Purevia Blends.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stevia Sugar Blends 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 Sugar Blends Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Stevia Sugar Blends 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 Sugar Blends 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 Sugar Blends Market Size & Forecast, 2018-2028 4.5.1 Stevia Sugar Blends Market Size and Y-o-Y Growth 4.5.2 Stevia Sugar Blends Market Absolute $ Opportunity
Chapter 5 Global Stevia Sugar Blends 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 Stevia Sugar Blends Market Size Forecast by Type
5.2.1 Natural Stevia Sugar
5.2.2 Organic Stevia Sugar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stevia Sugar Blends 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 Stevia Sugar Blends Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Beverage Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stevia Sugar Blends 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 Sugar Blends 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 Stevia Sugar Blends Analysis and Forecast
9.1 Introduction
9.2 North America Stevia Sugar Blends 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 Stevia Sugar Blends Market Size Forecast by Type
9.6.1 Natural Stevia Sugar
9.6.2 Organic Stevia Sugar
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 Stevia Sugar Blends Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Beverage Industry
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 Stevia Sugar Blends Analysis and Forecast
10.1 Introduction
10.2 Europe Stevia Sugar Blends 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 Stevia Sugar Blends Market Size Forecast by Type
10.6.1 Natural Stevia Sugar
10.6.2 Organic Stevia Sugar
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 Stevia Sugar Blends Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Beverage Industry
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 Stevia Sugar Blends Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stevia Sugar Blends 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 Stevia Sugar Blends Market Size Forecast by Type
11.6.1 Natural Stevia Sugar
11.6.2 Organic Stevia Sugar
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 Stevia Sugar Blends Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Beverage Industry
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 Stevia Sugar Blends Analysis and Forecast
12.1 Introduction
12.2 Latin America Stevia Sugar Blends 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 Stevia Sugar Blends Market Size Forecast by Type
12.6.1 Natural Stevia Sugar
12.6.2 Organic Stevia Sugar
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 Stevia Sugar Blends Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Beverage Industry
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) Stevia Sugar Blends Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stevia Sugar Blends 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) Stevia Sugar Blends Market Size Forecast by Type
13.6.1 Natural Stevia Sugar
13.6.2 Organic Stevia Sugar
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) Stevia Sugar Blends Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Beverage Industry
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 Sugar Blends Market: Competitive Dashboard
14.2 Global Stevia Sugar Blends Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Purevia Blends
14.3.2 Truvia Truvia
14.3.3 Almendra Stevia
14.3.4 Sun Fruits
14.3.5 Stevia Biotech Pvt. Ltd
14.3.6 NOW Foods
14.3.7 Natural Stevia Sweetener
14.3.8 CSR
14.3.9 Zingstevia
14.3.10 Niutang Chemical
14.3.11 Purevia Blends