Stevia Market to Witness Stunning Growth | PureCircle, GLG Life Tech, Julong High-tech
According to HTF Market Intelligence, the Global Stevia market to witness a CAGR of 8.5% during forecast period of 2023-2028. The market is segmented by Global Stevia Market Breakdown by Application (Food, Beverage, Pharmaceutical, Daily Chemical) by Type (Liquid Extract, Powder Extract, Stevia Leaves) by Nature (Organic Stevia, Conventional Stevia) and by Geography (North America, South America, Europe,. The Stevia market size is estimated to increase by USD 0.18 Billion at a CAGR of 8.5% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 1.06 Billion.
HTF Market Intelligence published a new research publication on Stevia Market Insights, to 2028″ with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Stevia market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are PureCircle (Malaysia), GLG Life Tech Corp (Canada), Julong High-tech (China), Biolotus Technology (China), Haotian Pharm (China), Cargill-Layn (United States), Haigen Stevia (China), Shangdong Huaxian Stevia (China), Jining Aoxing Stevia Products (China), Shandong Shengxiangyuan (China), Wagott Pharmaceutical (China), Wisdom Natural (China
Definition:
Stevia is a natural sweetener that is extracted from the leaves of the Stevia rebaudiana plant. It is a zero-calorie sweetener that is gaining popularity as a substitute for artificial sweeteners.
Market Trends:
Increased demand for natural sweeteners due to health concerns
Market Drivers:
Rising health concerns among consumers
Market Opportunities:
Expansion of the stevia market in developing countries
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Stevia Market: Liquid Extract, Powder Extract, Stevia Leaves
Key Applications/end-users of Stevia Market: Food, Beverage, Pharmaceutical, Daily Chemical
Actual Numbers & In-Depth Analysis of Global Stevia Market Size Estimation and Trends Available in Full Version of the Report.
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