Stevia Rebaudiana Market
PUBLISHED: 2021 ID: SMRC20337
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Stevia Rebaudiana Market

Stevia Rebaudiana - Global Market Outlook (2019-2027)

4.7 (81 reviews)
4.7 (81 reviews)
Published: 2021 ID: SMRC20337

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Stevia Rebaudiana Market is accounted for $587.63 million in 2019 and is expected to reach $1,403.80 million by 2027 growing at a CAGR of 11.5% during the forecast period. Factors such as the increasing obesity and diabetes cases around the world, growing beverage industry, and rising demand for natural sugar substitutes are driving the market growth. However, fluctuation in the prices of stevia leaves is hampering the growth of the market.

Stevia Rebaudiana are leaves containing sweetening compounds and are also called as sweet leaves and candy leaves. It is not chemically processed and also has various advantages. These do not contain any carbohydrates and calories, and therefore stevia is being increasingly used in various applications.

Based on the end user, the food & beverages segment is going to have high growth during the forecast period as stevia enhances the properties of food products without impacting its quality. By geography, Asia Pacific is going to have high growth during the forecast period owing to the investments from several multinational manufacturers, in countries like Japan, China, and India.

Some of the key players profiled in the Stevia Rebaudiana Market include Tate and Lyle, Sunwin Stevia, Croda International Plc, PureCircle, Omega Protein Corporation, Merisant, Julong High-Tech, GLG Life Tech Corp, Haotian Pharm, Golden Omega S.A, FMC Corporation, Daepyung, Jining Aoxing Stevia Products, Cargill Incorporated, Biolotus Technology, Shangdong Huaxian Stevia, and Haigen Stevia.

Forms Covered:
• Liquid
• Powder

Constituents Covered:
• Rebaudioside-A
• Stevioside   

Products Covered:
• STV Series
• Reb-A Series
• Glucosyl Series 

Types Covered:
• Stevia Leaves
• Stevia Extracts
• Stevia Blends

Applications Covered:
• Suppressing Agents
• Heat Resistant Agents
• Flavor Enhancers 

Packaging Covered:
• Bags
• Sachets
• Pouches
• Bottles  & Cans

End Users Covered:
• Pharmaceuticals
• Food & Beverages
• Daily Chemical Industry
• Cosmetics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
       
2 Preface      

 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis    
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    

 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 Product Analysis    
 3.7 Application Analysis   
 3.8 End User Analysis    
 3.9 Emerging Markets    
 3.10 Impact of Covid-19    
       
4 Porters Five Force Analysis     

 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Stevia Rebaudiana Market, By Form   

 5.1 Introduction    
 5.2 Liquid     
 5.3 Powder     
       
6 Global Stevia Rebaudiana Market, By Constituent  
 6.1 Introduction    
 6.2 Rebaudioside-A    
 6.3 Stevioside    
       
7 Global Stevia Rebaudiana Market, By Product  
 7.1 Introduction    
 7.2 STV Series    
 7.3 Reb-A Series    
 7.4 Glucosyl Series    
       
8 Global Stevia Rebaudiana Market, By Type   
 8.1 Introduction    
 8.2 Stevia Leaves    
 8.3 Stevia Extracts    
 8.4 Stevia Blends    
       
9 Global Stevia Rebaudiana Market, By Application  
 9.1 Introduction    
 9.2 Suppressing Agents    
 9.3 Heat Resistant Agents   
 9.4 Flavor Enhancers    
       
10 Global Stevia Rebaudiana Market, By Packaging  
 10.1 Introduction    
 10.2 Bags     
 10.3 Sachets     
 10.4 Pouches     
 10.5 Bottles & Cans    
       
11 Global Stevia Rebaudiana Market, By End User  
 11.1 Introduction    
 11.2 Pharmaceuticals     
 11.3 Food & Beverages    
  11.3.1 Dairy Foods   
  11.3.2 Bakery    
  11.3.3 Snacks    
 11.4 Daily Chemical Industry   
 11.5 Cosmetics     
       
12 Global Stevia Rebaudiana Market, By Geography  
 12.1 Introduction    
 12.2 North America    
  12.2.1 US    
  12.2.2 Canada    
  12.2.3 Mexico    
 12.3 Europe     
  12.3.1 Germany    
  12.3.2 UK    
  12.3.3 Italy    
  12.3.4 France    
  12.3.5 Spain    
  12.3.6 Rest of Europe   
 12.4 Asia Pacific    
  12.4.1 Japan    
  12.4.2 China    
  12.4.3 India    
  12.4.4 Australia    
  12.4.5 New Zealand   
  12.4.6 South Korea   
  12.4.7 Rest of Asia Pacific   
 12.5 South America    
  12.5.1 Argentina   
  12.5.2 Brazil    
  12.5.3 Chile    
  12.5.4 Rest of South America  
 12.6 Middle East & Africa   
  12.6.1 Saudi Arabia   
  12.6.2 UAE    
  12.6.3 Qatar     
  12.6.4 South Africa   
  12.6.5 Rest of Middle East & Africa  
       
13 Key Developments     
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
 13.2 Acquisitions & Mergers   
 13.3 New Product Launch   
 13.4 Expansions    
 13.5 Other Key Strategies   
       
14 Company Profiling     
 14.1 Tate and Lyle    
 14.2 Sunwin Stevia    
 14.3 Croda International Plc   
 14.4 PureCircle    
 14.5 Omega Protein Corporation   
 14.6 Merisant     
 14.7 Julong High-tech    
 14.8 GLG Life Tech Corp    
 14.9 Haotian Pharm    
 14.10 Golden Omega S.A    
 14.11 FMC Corporation    
 14.12 Daepyung    
 14.13 Jining Aoxing Stevia Products   
 14.14 Cargill Incorporated    
 14.15 Biolotus Technology   
 14.16 Shangdong Huaxian Stevia   
 14.17 Haigen Stevia    


List of Tables      
1 Global Stevia Rebaudiana Market Outlook, By Region (2018-2027) ($MN)
2 Global Stevia Rebaudiana Market Outlook, By Form (2018-2027) ($MN)
3 Global Stevia Rebaudiana Market Outlook, By Liquid (2018-2027) ($MN)
4 Global Stevia Rebaudiana Market Outlook, By Powder (2018-2027) ($MN)
5 Global Stevia Rebaudiana Market Outlook, By Constituent (2018-2027) ($MN)
6 Global Stevia Rebaudiana Market Outlook, By Rebaudioside-A (2018-2027) ($MN)
7 Global Stevia Rebaudiana Market Outlook, By Stevioside (2018-2027) ($MN)
8 Global Stevia Rebaudiana Market Outlook, By Product (2018-2027) ($MN)
9 Global Stevia Rebaudiana Market Outlook, By STV Series (2018-2027) ($MN)
10 Global Stevia Rebaudiana Market Outlook, By Reb-A Series (2018-2027) ($MN)
11 Global Stevia Rebaudiana Market Outlook, By Glucosyl Series (2018-2027) ($MN)
12 Global Stevia Rebaudiana Market Outlook, By Type (2018-2027) ($MN)
13 Global Stevia Rebaudiana Market Outlook, By Stevia Leaves (2018-2027) ($MN)
14 Global Stevia Rebaudiana Market Outlook, By Stevia Extracts (2018-2027) ($MN)
15 Global Stevia Rebaudiana Market Outlook, By Stevia Blends (2018-2027) ($MN)
16 Global Stevia Rebaudiana Market Outlook, By Application (2018-2027) ($MN)
17 Global Stevia Rebaudiana Market Outlook, By Suppressing Agents (2018-2027) ($MN)
18 Global Stevia Rebaudiana Market Outlook, By Heat Resistant Agents (2018-2027) ($MN)
19 Global Stevia Rebaudiana Market Outlook, By Flavor Enhancers (2018-2027) ($MN)
20 Global Stevia Rebaudiana Market Outlook, By Packaging (2018-2027) ($MN)
21 Global Stevia Rebaudiana Market Outlook, By Bags (2018-2027) ($MN)
22 Global Stevia Rebaudiana Market Outlook, By Sachets (2018-2027) ($MN)
23 Global Stevia Rebaudiana Market Outlook, By Pouches (2018-2027) ($MN)
24 Global Stevia Rebaudiana Market Outlook, By Bottles & Cans (2018-2027) ($MN)
25 Global Stevia Rebaudiana Market Outlook, By End User (2018-2027) ($MN)
26 Global Stevia Rebaudiana Market Outlook, By Pharmaceuticals (2018-2027) ($MN)
27 Global Stevia Rebaudiana Market Outlook, By Food & Beverages (2018-2027) ($MN)
28 Global Stevia Rebaudiana Market Outlook, By Dairy Foods (2018-2027) ($MN)
29 Global Stevia Rebaudiana Market Outlook, By Bakery (2018-2027) ($MN)
30 Global Stevia Rebaudiana Market Outlook, By Snacks (2018-2027) ($MN)
31 Global Stevia Rebaudiana Market Outlook, By Daily Chemical Industry (2018-2027) ($MN)
32 Global Stevia Rebaudiana Market Outlook, By Cosmetics (2018-2027) ($MN)
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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