According to a new report by EMR titled, ‘Europe Stevia Market Report and Forecast 2020-2025’, the Europe stevia market is being aided by the growing global stevia market, which recorded a value of almost USD 0.98 million in 2019. It is further expected to grow at a CAGR of 8.4% between 2020 and 2025.

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Competitive Landscape & Supplier Analysis:

PureCircle Limited (OTCMKTS: PCRTF)
Cargill, Incorporated
Tate & Lyle PLC (OTCMKTS: TATYY)
Archer Daniels Midland Co (NYSE: ADM)
Ingredion Incorporated
Stévial
HYET Sweet
Others
Europe dominates the global stevia market after the Asia Pacific, accounting for over one-fifth of the global stevia consumption. Within Europe, France maintains a strong hold over the market. After the approval of stevia extracts for use in the European Union in November 2011, the market has grown rapidly. However, the region relies on the import of stevia leaves to produce stevia-based products in the area. The increasing rates of obesity and diabetes in the region is primarily driving the growth of the market.

Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/europe-stevia-market

The increasing innovation in the beverage sector, along with an increase in the production of ready-to-drink and non-alcoholic beverages, is driving the Europe stevia market further. In 2018, Tate & Lyle PLC (LON: TATE), a leading player in the region, launched its first premium Reb M stevia sweetener, TASTEVA® M Stevia Sweetener, targeting the consumers looking for a natural alternative over sugar and, thus, allowing for innovations in the food and beverage sector. In June 2016, GLG Life Tech Corporation (TSX: GLG), a global leader in the natural sweeteners market, partnered with Archer Daniels Midland Company (NYSE: ADM), also a leading player in the stevia industry, to manufacture, market and sell low-calorie stevia to consumers across the world, thus, expanding its market to meet the increasing stevia demand.

Market Breakup by Type:

Leaf
Powder
Liquid
Stevia, based on its extract type, can be divided into leaves, powder, and liquid form.

Market Breakup by Application:

Food and Beverages
Dairy
Oral Care
Pharmaceutical
Others
It finds application in different sectors like food and beverages, dairy, oral care, and pharmaceutical, among others.

Market Breakup by Country:

Germany
France
United Kingdom
Spain
Others
Germany, France, the United Kingdom, and Spain, among others, are the major regional markets in the Europe stevia market.

Key Findings of the Report:

The Europe stevia market is driven by the increasing health awareness, resulting in an increased demand for low-calorie products, which is aiding the market growth.
The constantly growing beverage sector, with the increasing popularity of energy drinks, is aiding the market further.
The rising demand for great-tasting, plant-based products over the artificial ones, is providing further impetus to the market growth.
Key Offerings of the Report:

The EMR report provides an overview of the Europe stevia market for the periods (2015-2019) and (2020-2025).
The report also offers historical (2015-2019) and forecast (2020-2025) market information for the types, applications, and regional markets for stevia in Europe.
The report further provides an assessment of the market based on the Porter’s Five Forces model along with a SWOT and value chain analysis.
Related Links:

https://www.expertmarketresearch.com/reports/natural-sweeteners-market
https://www.expertmarketresearch.com/reports/asia-pacific-natural-sweeteners-market
https://www.expertmarketresearch.com/reports/latin-america-natural-sweeteners-market
https://www.expertmarketresearch.com/reports/sugar-and-high-fructose-corn-syrup-market

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