Asia Pacific Stevia Market – Size, Outlook, Trends and Forecast (2024

Asia Pacific Stevia Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Stevia is a leaf which generates rich sweetness with enormous taste and uses for both food and medical purposes like diabetics, blood pressures and others. People are concern towards healthy diet in present scenario offering a variety of food with oil-free and other types. All these concerns can get through one leaf named stevia with the calorie-free alternative of calorie sugar. Sweetener sugar varies from artificial sugar which is enclosed with a better and rich taste than artificial sweetener. This provides food with the fresh state in an organic manner having low calorific value aware of additives with higher energy.

Asia Pacific Stevia Market Size & Growth:

Stevia is widely popular and offer a wide variety of benefits to consumers by providing weight loss without side effects, reduces the effects of people with diabetes to patients, increasing product in the retail market, adding stevia to food enhances low-calorie food and follows the proper healthy diet. Stevia treats endocrine diseases which give tremendous growth only to stevia market but also to healthcare market with low investment increase of stevia stores. From this prospective manner, Europe stevia market size is valued at approximately $xx billion in 2018 regarding CAGR it is projected to be xxx% and will reach $xx billion in 2025.

Stevia market growth depends on the features if the following changes take place and those features are reducing the effect on blood pressure, suggestions of doctor on the released stevia product in the market without delay can make consumers more beneficial towards healthy diet, research centers and studies have to be conducted on the new stevia products with short span of

Asia Pacific Stevia Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

time declarations on its uses, side effects should be organized. Demand for antioxidants, new products launch, demand for low calorific sweeteners is some of the market stevia opportunities.

Asia Pacific Stevia Market Share:

Stevia product is sorted into type, extract type, application and geography. The basis on the type the market is categorised into stevioside and Rebaudioside. Both are molecules of stevia plant cats as sweeteners which is the natural ingredient that is used in powder or liquid form to improve the taste, and it is good for health when consumed in a reasonable amount. Stevioside and rebaudioside are less in quantity to sweeten the food compare to artificial sugar. By stevia market outlook, an increase of competitors with stevia opportunities and the rise of low calorific value in food and beverages preferable by consumers makes stevia as the dominant market in the stevia market forecast period of 2019-2025.

On extract type, the market is classified into liquid, powder and leaf. Powder and liquid form is more preferable than leaf extract types because those forms are easy to immense in food products and consume less time. Soft drinks like Coca-Cola, Pepsi etc. prefer liquid droplets from which gives the sweet source where powder gets by dry, the crush of stevia leaves which can mix into products which are not enough with liquid but the liquid is used in all food products which is easy to immense.

Also, the market contains applications segmented into dairy food products, snacks, bakery products, dietary supplements, tabletop sweeteners and packed food products. All these forms of products are primary consumption goods which entered into market lead

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Asia Pacific Stevia Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

the consumers into a trendy lifestyle with high calorific food from a foreign culture. After effecting from consumption of these products people become conscious towards healthy diet which makes stevia in the market in demand.

By geography, APAC is segmented into India, China, Japan, South Korea, Australia and others. India and China allowed stevia products later on it are widely accepted and popularised than other sugar products and accepted this ingredient as much sweeter than artificial sugar. The growing sports nutrition and health drink market will boost the stevia Europe market growth in the forecast period.

Asia Pacific Stevia Market Trends:

On March 14 2017, PepsiCo introduced stevia sweetened with 30% of sugar reduction Pepsi in Australia.
On March 14 2017, PepsiCo introduced stevia sweetened with 30% of sugar reduction in Pepsi.

Asia Pacific Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact on altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Nestle S.A
- The Coca-Cola Company
- PepsiCo Inc.
- Cargill Inc.
- Evolva Holding S.A
- Pure circle Ltd
- Stevia Corp.,
- Ingredion Inc.,
- GLG Life Tech Corp
- Taste & Lyle Plc

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