Skip to main content

Stevia Market Development Trends By 2014 - 2025.

In terms of global volume share, Asia Pacific was the major market which accounted for 35.3%. Stevia-based sweeteners have been a substantial part of the diet regime of consumers for a significant period which resulted in broad acceptance in these countries such as South Korea, China, and Japan. Developing nations such as Malaysia, India, Indonesia, and Thailand are predicted to be the important markets for stevia on account of the growing food and beverage industry.

North America and Europe are anticipated to experience substantial growth at a CAGR of 4.5% and 4.3% respectively, over the forecast period. The latest approvals by the FDA regarding the product will have a positive impact on the total market and thus improve the penetration of stevia-based products.

Download Free Sample - https://www.millioninsights.com/industry-reports/stevia-market/request-sample

Competitive Insights

With extensive coverage areas and large manufacturing capacities, the market is dominated by a limited number of players. On account of a firm foothold in the application sector together with essential infrastructure for research and development, Evolva Holding S.A, GLG Life Tech Corp., Tate & Lyle Plc., Pure Circle Ltd., and Cargill Inc., are projected to lead the market.

The crucial features of the market are expected to be product innovation and the establishment of strategic partnerships with farmers and cultivators along with mergers and acquisitions. Archer Daniels Midland (ADM) Company partnered with GLG Life Tech Corp. to industrialize and distribute stevia-based products in July 2016.

Comments

Post a Comment

Popular posts from this blog

Functional Tea Market is expected to boost the growth of the market over the forecast period.

Functional Tea refers to a series of teas that can contribute to bodily functions. In 2019, the market size of Functional Tea is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. Download Request sample copy -  https://www.innovationmarketresearch.com/market-reports/functional-tea-market/request-sample In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Tea. This report studies the global market size of Functional Tea, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Functional Tea sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sal...
Post a Comment
Read more

What is the degree of competition in the global Self-Organizing Networks in the 5G Era industry?

SON (Self-Organizing Network) technology minimizes the lifecycle cost of running a mobile network by eliminating manual configuration of network elements at the time of deployment, right through to dynamic optimization and troubleshooting during operation. Besides improving network performance and customer experience, SON can significantly reduce the cost of mobile operator services, improving the OpEx-to-revenue ratio and deferring avoidable CapEx. Download Free PDF Sample Copy @  https://www.radiantinsights.com/research/son-self-organizing-networks-in-the-5g-era-2019-2030/request-sample To support their LTE and HetNet deployments, early adopters of SON have already witnessed a spate of benefits - in the form of accelerated rollout times, simplified network upgrades, fewer dropped calls, improved call setup success rates, higher end-user throughput, alleviation of congestion during special events, increased subscriber satisfaction and loyalty, and operational efficiencies -...
Post a Comment
Read more

Asia Pacific Thermoplastic Elastomers Market Current Scenario And Industry Forecasts Till, 2014 - 2025.

China TPE market was the market leader in Asia Pacific with an estimated revenue exceeding USD 2 billion in 2014. The market in the region experiences a high demand for TPU and TPV in automotive and medical applications respectively. Thermoplastics consumption in automotive applications is used as an alternative to alloys and metals owing to favourable government policies. In addition, increasing production of passenger cars is anticipated to further augment the regional market demand from 2015 to 2022. In 2014, Japan constituted for approximately 20% of the overall market share by volume. The market in the region is identified by supportive regulatory regulation spertaining to plastic usage in automotive component applications. In addition, automotive OEMs are dynamically implementing thermoplastics as a substitute for metals to make available automobiles with improved performance and fuel efficiency simultaneously reducing total curb weight of the automobile. Download Free Sample...
Post a Comment
Read more