Market Synopsis

Steviol Glycoside Market is predicted to exhibit a 9.16% CAGR from 2018 to 2023 (forecast period) on the basis of value.

Steviol glycosides are compounds extracted from the plant Stevia rebaudiana and marketed under the trade name of stevia. It is a sustainable sweetening ingredient and viable solution for people suffering from diabetes.

Due to its low-calorie properties, the market is expected to experience an upheaval in demand of 8.23% CAGR over the forecast period. Increasing prevalence of obsesity and cancer is likely to cause the shift towards non-sugar substitutes such as stevia. New-found applications of these compunds in energy drinks and other beverages is likely to open up new growth opportunities for the market.

Report Overview

The report provides an accurate overview of the market complete with statistical graphs to support the forecasted figures. Our analysts make astute predictions regarding the scope of the market and its future prospects. MRFR’s report includes a thorough analysis of the global steviol glycoside market segmented according to type, end-user, and region. Numerous growth strategies undertaken by companies as well as the latest trends driving the market are outlined in the report. The market share of all prominent players and their current position in the market is discussed in minute detail. It analyzes new revenue sources for players and emphasize on the various strategies implemented by players.

Segment Overview

By type, the steviol glycoside market is segmented into stevioside, rebaudioside A, rebaudioside C, dulcoside A, and others. These types are differentiated according to their distinct chemical constitution. Major end-users include food, beverage, chemicals, medicine, and others.

The segments covered in the steviol glycoside market report are analyzed with respect to five main regions – North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa (MEA), with respective country-level market sizing. The report discusses in detail the various players residing in these regions and their respective strategies to climb up the market ladder.

Competitive Landscape

GLG Lifetech Corporation (Canada), Morita Kagaku Kogyo (Japan), Sunwin Stevia International, Inc. (China), Tate & Lyle (U.K.), GL Stevia (China), Sunrise Nutrachem Group (China), Cargill, Inc. (U.S.), PureCircle Ltd. (Malaysia), Zhucheng Haotian Pharm Co. Ltd. (China), and Ingredion, Inc. (U.S.).

The report offers comprehensive profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, expansion techniques, and latest R&D initiatives are discussed in minute detail.

Research Methodology

At Market Research Future (MRFR), our research analysts conduct a thorough objective analysis of the market while creating market reports by adhering to a rigorous set of standards which allow a truly comprehensive view of the market. Use of primary research strategies such as interviews can lead to accrual of highly relevant data. Secondary research entails a thorough analysis of past and present trends in a forward-looking manner.

In addition, market size estimation and validation use both top-down & bottom-up approaches to obtain data from the value and supply chain. The balanced number of buyers and suppliers will result in a negligible demand-supply gap. Credible resources are accessed and verified by analysts to understand the nuances of market factors with consistency. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameters in an effort to provide clients with a conclusive and dependable view of the future.

Analysis Period

Base Year - 2017
Projection Period - From 2018 to 2023
Market Denomination - USD Million
Conversion Rate - Considered as per the respective financial years
Intended Audience

Steviol Glycoside Manufacturers
Suppliers and Distributors
Potential Investors
Raw Material Suppliers
Governments
Associations
End-use Industries