The report on the Global Stevia Extracts Market presents a comprehensive analysis of the Stevia Extracts Market in terms of market size by value and volume, segmentation breakdown, by manufacturers, regions, types, and applications. The report also offers insightful data on future trends, market drivers, opportunities and challenges, risks, limitations, and growth prospects. Factors like growing population, raw materials, financial stability, revenue generation, and increasing demands are contributing to the growth of the industry. It also offers strategic recommendations to novice players to overcome the entry-level barriers in the industry and gain a robust footing in the market.
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Stevia is considered a non-caloric natural sweetener which several potential health benefits, especially for individuals with diabetes, obesity, high blood pressure, and others. Stevia extracts find extensive F&B applications. Stevia sweeteners, as an all-natural substitute for sugar with nearly zero calories, is the best option for people looking to lose or manage weight. Consuming foods and beverages with stevia extract sweeteners as part of a healthy lifestyle and diet, along with regular physical activity, enables weight management and weight loss.
Cosmetics applications are also becoming a major revenue source for stevia extract market share. The aqueous form of stevia extract is an excellent cosmetic for skincare, as it inhibits bacterial growth that causes inflammation of the sebaceous glands and thereby stunting acne appearance. Aqueous infusion of stevia extracts in sheet masks is gaining massive popularity due to desired effects on the skin, including wrinkle prevention, elimination of irritation, and hydration.
The pharmaceutical use of Stevia leaf extract is also increasing, as it can defeat plasma glucose levels and increase glucose tolerance, thereby stabilizing blood sugar levels. It can be safely used as a supplementary food product for diabetic patients, and also for rejuvenation of the pancreatic glands. Expanding product applications in several fields will bolster stevia extract market revenue share through 2027. Moreover, growing consumer awareness regarding the availability of the product may boost industry growth over the forecast period
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The regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report analyzes the strategic alliances observed in the market for new products, partnerships, and collaborations between key players in the market. The report investigates key aspects such as financial standing, research and development, product offerings, current deals, investments, and strategic alliances such as mergers and acquisitions, joint ventures, product launches, brand promotions, and corporate deals, among others. The report discusses in detail the key companies operating in the market along with their overview, financial standing, global market position, investment and funding, and business expansion plans.
Key players operating in the global stevia extract market are Cargill (U.S.), Tate & Lyle Plc (U.K.), Ingredion Incorporated (U.S.), PureCircle Ltd (Malaysia), Wild Flavors and Specialty Ingredients (Germany), GLG Life Tech Corporation (Canada), Sunwin Stevia International, Inc. (China), Pyure Brands LLC (U.S.), S&W Seed Co (U.S.), Morita Kagakau Kogyo Co. Ltd. (Japan), Evolva Holdings SA (Switzerland), and Zhucheng Haotinan, Pharm Co., Ltd (China), among others.
Global Stevia Extracts Market Segmentation by Type:
- Reb A
- Reb M
- Reb D
- Others
Global Stevia Extracts Market Segmentation by Application:
- Pharmaceutical
- Food & Beverages
- Cosmetics
- Others
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