Market Overview:
The global stevia sugar 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 sweeteners and the rising awareness about the health benefits of stevia sugar. Stevia sugar is a natural sweetener that is extracted from the leaves of Stevia rebaudiana, a plant native to South America. It has zero calories and does not affect blood glucose levels, making it an ideal choice for people with diabetes or weight problems. Additionally, stevia sugar has been found to have anti-inflammatory and antioxidant properties, which make it beneficial for overall health. Some key players in this market are PureCircle (Malaysia), Tate & Lyle (U.K.), Ingredion (U.S.), SunOpta Inc.(Canada), and Döhler Group(Germany).
Product Definition:
Stevia is a sugar substitute that is extracted from the leaves of the Stevia rebaudiana plant. It is about 200 times sweeter than sugar and does not contain any calories. Stevia can be used to sweeten foods and beverages, and it can also be used to make sugar-free candy and other snacks.
Food Grade:
Food grade stevia is the purest form of stevia extract. It has no additives or any other ingredients apart from its flavoring agent, which is Stevia. Food grade stevia can be used in various food products like bakery, confectionery & chocolate, dairy products and non-alcoholic beverages like tea and coffee.
Pharma Grade:
Stevia sugar is produced by extracting stevia leaf powder from the leaves of the stevia plant. The raw material used for producing this product is pharmaceutical grade, which is further processed to produce food-grade and consumer grade products. It has a high demand in the global market due to its unique flavor and properties such as low calorie content, zero glycemic index, antimicrobial & anti-inflammatory properties that are beneficial for human health.
Application Insights:
The food and drinks segment accounted for more than 70% of the total revenue share in 2017. The global stevia market is witnessing significant growth due to rising demand from various beverage manufacturers such as Coca-Cola, PepsiCo., Diet Coke, etc. Moreover, growing consumption of low-calorie beverages is expected to drive the product demand over the forecast period. Stevioside has high glycemic index which makes it suitable in low-calorie products such as sugar-free soda and other soft drinks.
Stevia contains no calories therefore can be used in dietetic foods & beverages without affecting their taste or nutritional properties (1). In Japan, stevia is approved for use in dietary supplements by the Ministry of Health Labour and Welfare (2) owing to its high safety profile; however, foreign companies need approval from local authorities before manufacturing any kind of dietary supplement containing stevia extract.
Regional Analysis:
North America was the largest market for global stevia in 2016, accounting for more than 50% of the total revenue. Rising demand from countries such as U.S., Canada and Mexico is expected to drive growth over the forecast period. The region has been witnessing a shift in consumer preferences towards products with reduced calorie level and sugar content, which is anticipated to fuel product demand over the coming years.
Asia Pacific emerged as one of the fastest-growing regions owing to increasing awareness about health benefits associated with stevia sweeteners among consumers from China, Japan.
Growth Factors:
- Increasing demand for natural and low-calorie sweeteners: The global market for artificial sweeteners is projected to reach USD 10.5 billion by 2021. This growth can be attributed to the increasing awareness about the health hazards of artificial sweeteners and consumers’ preference for natural products. Stevia sugar is a naturally occurring, zero-calorie sweetener that is gaining popularity as an alternative to artificial sweeteners.
- Rising demand from emerging markets: The Asia Pacific region is expected to be the fastest-growing market for stevia sugar over the next five years. This growth can be attributed to rising income levels, changing dietary habits, and growing awareness about the health benefits of stevia sugar among consumers in this region.
- Growing use of stevia sugar in food and beverage applications: Stevia sugar has gained acceptance as a healthy alternative to other types of sugars in food and beverage applications such as soft drinks, juices, bakery items, confectionery products, etc., owing its zero calorie content and excellent taste profile .This is likely to drive its demand in the coming years .
- . Technological advancements: There has been a significant increase in R&D activities aimed at developing new extraction methods and improving production processes for stevia sugar over the past few years .This has resulted in improved quality standards and reduced production costs , making it more competitive against other types of sugars .. This is likelyto boost its demandin th
Scope Of The Report
Report Attributes
Report Details
Report Title
Stevia Sugar Market Research Report
By Type
Food Grade, Pharma Grade, Industrial Grade
By Application
Food & Drinks, Medicine & Dietary Supplements, Consumer Chemicals
By Companies
PureCircle, Cargill, Merisant, 3W Botanical Extract (Nutramax), Sunwin Stevia International, TOKIWA Phytochemical, Julong High-tech, Shandong Huaxian Stevia, Sunrise Nutrachem Group, Morita Kagaku Kogyo, PureCircle, Qualipride International, Jining Yunhe Stevioside, Stevia First
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Stevia Sugar Market Report Segments:
The global Stevia Sugar market is segmented on the basis of:
Types
Food Grade, Pharma Grade, Industrial Grade
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 & Drinks, Medicine & Dietary Supplements, Consumer Chemicals
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:
- PureCircle
- Cargill
- Merisant
- 3W Botanical Extract (Nutramax)
- Sunwin Stevia International
- TOKIWA Phytochemical
- Julong High-tech
- Shandong Huaxian Stevia
- Sunrise Nutrachem Group
- Morita Kagaku Kogyo
- PureCircle
- Qualipride International
- Jining Yunhe Stevioside
- Stevia First
Highlights of The Stevia Sugar 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:
- Food Grade
- Pharma Grade
- Industrial Grade
- By Application:
- Food & Drinks
- Medicine & Dietary Supplements
- Consumer Chemicals
- 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 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 sugar is a natural sweetener that comes from the Stevia plant. It has a low glycemic index, so it doesn't cause blood sugar spikes like other sugars do.
Some of the major players in the stevia sugar market are PureCircle, Cargill, Merisant, 3W Botanical Extract (Nutramax), Sunwin Stevia International, TOKIWA Phytochemical, Julong High-tech, Shandong Huaxian Stevia, Sunrise Nutrachem Group, Morita Kagaku Kogyo, PureCircle, Qualipride International, Jining Yunhe Stevioside, Stevia First.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stevia Sugar 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stevia Sugar 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 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 Market Size & Forecast, 2018-2028
4.5.1 Stevia Sugar Market Size and Y-o-Y Growth
4.5.2 Stevia Sugar Market Absolute $ Opportunity
Chapter 5 Global Stevia Sugar 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 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharma Grade
5.2.3 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stevia Sugar 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 Market Size Forecast by Applications
6.2.1 Food & Drinks
6.2.2 Medicine & Dietary Supplements
6.2.3 Consumer Chemicals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stevia Sugar 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America Stevia Sugar 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 Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharma Grade
9.6.3 Industrial Grade
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 Market Size Forecast by Applications
9.10.1 Food & Drinks
9.10.2 Medicine & Dietary Supplements
9.10.3 Consumer Chemicals
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 Analysis and Forecast
10.1 Introduction
10.2 Europe Stevia Sugar 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 Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharma Grade
10.6.3 Industrial Grade
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 Market Size Forecast by Applications
10.10.1 Food & Drinks
10.10.2 Medicine & Dietary Supplements
10.10.3 Consumer Chemicals
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stevia Sugar 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 Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharma Grade
11.6.3 Industrial Grade
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 Market Size Forecast by Applications
11.10.1 Food & Drinks
11.10.2 Medicine & Dietary Supplements
11.10.3 Consumer Chemicals
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America Stevia Sugar 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 Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharma Grade
12.6.3 Industrial Grade
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 Market Size Forecast by Applications
12.10.1 Food & Drinks
12.10.2 Medicine & Dietary Supplements
12.10.3 Consumer Chemicals
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 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stevia Sugar 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 Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharma Grade
13.6.3 Industrial Grade
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 Market Size Forecast by Applications
13.10.1 Food & Drinks
13.10.2 Medicine & Dietary Supplements
13.10.3 Consumer Chemicals
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 Market: Competitive Dashboard
14.2 Global Stevia Sugar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PureCircle
14.3.2 Cargill
14.3.3 Merisant
14.3.4 3W Botanical Extract (Nutramax)
14.3.5 Sunwin Stevia International
14.3.6 TOKIWA Phytochemical
14.3.7 Julong High-tech
14.3.8 Shandong Huaxian Stevia
14.3.9 Sunrise Nutrachem Group
14.3.10 Morita Kagaku Kogyo
14.3.11 PureCircle
14.3.12 Qualipride International
14.3.13 Jining Yunhe Stevioside
14.3.14 Stevia First
