North America Stevia Market report has been comprised of a significant data along with future forecast and detailed analysis on a global and regional level. This report also explains market definitions, classifications, applications, and engagements in the Food & Beverage industry. Today’s businesses call for greatly focused, widespread and detail-oriented market information so that the idea about the market landscape is absolutely clear. The study of this market research report explains a market attractiveness analysis, wherein each segment is targeted based on its market size, growth rate, and general attractiveness.
North America stevia market is expected to reach at a CAGR of 9.2% in the forecast period of 2019 to 2026.
The carbonated beverages and foods are flavoured, artificial coloured, sweetened carbonated and preserved with chemicals. The majorly used ingredients in the carbonated food and drinks are sugar. The rising consumption of the sugar leads to serious illness such as obesity and diabetes amongst the population. Rising health concern amongst the population is increasing the preference towards low calorie sugar based products and organic ingredients in their daily intake. Various types of sugar substitutes are available such as Aspartame which cannot sustain at higher temperature whereas saccharin have certain limitation from Food and Drug Administration (FDA). The stevia extracted sweetener Reb A is generally recognized as safe (GRAS) for their usage in the foods and beverages industry.
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Major Key players profiled in this report are:
Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle, PureCircle, Archer Daniels Midland Company, BIOSWEET VENTURES, GLG LIFE TECH CORP., Hunan huacheng Biotech,Inc., HYET Sweet, Morita Kagaku Kogyo Co., Ltd., Pyure, S&W Seed Co., Stevita, Sunwin Stevia International, Inc., Whole Earth Sweetener Co., LLC, ZHUCHENG HAOTIAN PHARM CO. LTD among others.
Table of Contents
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
- On the basis of form, the market is segmented into powder, whole leaf, liquid and tablets. Powder segment are growing at the highest CAGR of 9.9% in the forecast period of 2019 to 2026.
- NOW Foods (U.S.) offers BetterStevia Extract Powder which is in pure organic with zero-calorie, low glycemic certified organic sweetener substitute for table sugar and artificial sweeteners.
- In October 2017, Ingredion Incorporated (U.S.), announced the launch of VERSASWEET which is low-sugar glucose syrup, introduced in U.S. and Canada. The syrup is designed for the dairy, confectionery, baked good and ice creams to achieve reduced grams of sugar
- On the basis of application, the market is segmented into Industrial and domestic. The Industrial segment is further sub segmented into bakery & confectionery, dairy food products, convenience foods, beverages and others. The domestic segment is further sub segmented into dietary supplements and tabletop sweeteners. Industrial segment is growing at the highest CAGR of 9.5% in the forecast period of 2019 to 2026.
- In February 2018, GLG Life Tech Corporation and Archer Daniels Midland Company (U.S.) introduced their product high Reb M Dream Sweetener Stevia Leaf with the high Reb M. The product provides the clean and smooth sweetness in food and beverages products.
- On the basis of distribution channel, the market is segmented into direct tenders and retail. The retail segment is further sub-segmented into wholesaler/suppliers, supermarket/hypermarket, grocery stores and online retail. Direct tenders segment is growing at the highest CAGR of 9.9% in the forecast period of 2019 to 2026.
- In July 2017, PureCircle (Malaysia) unveiled the new stevia leaf-based flavor enhancers which ensure food and beverages companies to produce product and cost effective price in vanilla and cocoa flavors.
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