Rising demand for natural sweeteners, especially in beverages, is expected to increase demand in the near future. Increasing market penetration in the food industry on account of its superior sweetening properties is expected to propel growth.
The overall sweeteners market is already dominated by artificial sweeteners such as aspartame, saccharin, sucralose, and cyclamate. Stevia, on the other hand, is a natural sweetener and is a niche segment within the high intensity sweeteners market. There has been growing tendency over the past few years to focus on naturally derived sweeteners and food additives on account of rising consumer awareness regarding ill effects of artificial additives on human health.
Stevia is obtained from a medicinal and culinary herb and is popular for its superior medicinal and herbal properties. It is also known for its ability to control blood pressure and in weight management, and continuous research and development in the pharmaceutical industry will help in opening new avenues for manufacturers.
The Global Stevia Drinks Market will increase at a CAGR of 11.65 percent between 2017 and 2021.
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Top Leading Companies are: Coca Cola,Pepsi Company,Zevia,Hartwall,Del Monte Food Corporation
The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Stevia Drinks.
Important attributes of the report:
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- Market share, value, volume, and production capacity is analyzed on global, regional and country level.
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- SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
- Lastly, the research methodology and data sources are offered in this report.
North America was the second largest regional segment, accounting for 27.2% of the global market volume in 2015. Rising consumer awareness regarding benefits of natural sweeteners will have a positive impact on overall demand.
Asia Pacific is expected to witness promising growth over the forecast period. Booming food and beverage industry in Taiwan, China, South Korea, India, and Japan is likely to be a favorable factor for the market. Increasing investments by leading food and beverage manufacturing companies such as Cargill, The Coca-Cola Company, and PepsiCo is also anticipated to promote demand over the forecast period.
In Japan, stevia accounts for approximately 40.0% of the overall sweeteners market. It is consumed in various dietaryandlow-calorie supplements. China has become the leading exporter of stevia and has witnessed a significant increase in consumption.South Korea has also been a major market for stevia with rising acceptance from consumers over a long period of time.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Stevia Drinks Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Stevia Drinks Market Carrier and assist manufacturers and investment organization to better grasp the development course of Stevia Drinks Market.
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What this Research Study Offers:
- Global Stevia Drinks Market share assessments for the regional and country level segments.
- Global Stevia Drinks Market share analysis of the top industry players.
- Strategic recommendations for the new entrants in Global Stevia Drinks market.
- Global Stevia Drinks Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional Global Stevia Drinks markets.
- Global Stevia Drinks Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements.
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