The Stevia / Stevia Rebaudiana Market deals with the development and commercialization of a herb that is widely utilized as non-caloric sugar alternative. Stevia herbs have several distinctive species to fill in as sweetening agents. Among these stevia sweetener species, S. Rebaudiana is considered as the sweetest of all.
The sweetness within stevia extract is usually around 200 to 250 times more powerful than sucrose. Rebaudioside A and Stevioside are the two key ingredients within these herbs that transform it into natural sweetening agent and supplement to help maintain a particular diet. Utilization of stevia products made from this herb does not have any sort of impact on the glucose level. Thus, stevia rebaudiana is naturally utilized for treating diabetic patients. These leaves also exhibit anti-fungal and anti-bacterial properties which can be utilized as a part of medicines, toothpastes, etc.
Scope & Regional Forecast of the Stevia / Stevia Rebaudiana Market:
Over the past few years, the Stevia / Stevia Rebaudiana Market has experienced solid growth due to expanding awareness regarding the advantage of consuming only low-calorie products, including organic stevia. Additionally, the implementation of favorable government activities and developing customer awareness is improving the future prospects of the Stevia / Stevia Rebaudiana Market. By acquiring the tag of being an extremely healthy product, stevia is getting increasingly visible among potential customers. Health associations have also endorsed the utilization of low-calorie sugar alternatives, while demanding higher manufacturing levels of stevia rebaudiana.
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The Asia-Pacific area has been noted as the most powerful for harvesting stevia plants. Nations like China and India have doubled down on their efforts to produce this herb. Americas and Europe are the other key demand drivers in this market. The demand experienced by the Stevia / Stevia Rebaudiana Market is estimated to keep rising in these areas because of the public’s growing interest in maintaining good health.
Segmentations & Key Players Involved in the Stevia / Stevia Rebaudiana Market :
According to IndustryARC findings, the Stevia / Stevia Rebaudiana Market can be broken down into various segmentations on the basis of –
Functional/Sweetening Ingredient: Rebaudioside A (Rebiana) and Stevioside.
Type of Extracts: Liquid Extracts, Powdered Extracts and Stevia Leaves.
End Users: Dairy Foods, Bakery, Bottled & Canned Food, Snacks, Beverages Industry, Confectionary Food, Table Top and Surface Dressing foods and Others.
Geography: North America, South America, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Stevia / Stevia Rebaudiana Market according to IndustryARC are as follows:
Whole Earth Sweetener Co.
Wild Flavors Inc.
Xinghua Green Biological Preparation Co. Ltd.
GLG Life Tech Corporation
Stevia First Corporation