Global Market Study on Stevia 2015: Beverages Will Remain the Dominant Application Segment Through 2020
M2 - Tue Nov 03, 8:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/vbtkqp/global_market) has announced the addition of the "Global Market Study on Stevia: Beverages Will Remain the Dominant Application Segment Through 2020" report to their offering. The worth of the global stevia market was estimated to be US$ 347 million in 2014 and according to our market research, the market will witness a high single-digit CAGR through 2020 and reach a valuation of US$ 565.2 million. The key factors responsible for stevia's growth through 2020 include consumer awareness about the risk factors associated with high sugar consumption. Stevia's use as an ingredient was estimated to be 5,100.6 tonnes in 2014 and it is projected to reach 8.506.9 tonnes by 2020. Leading brands around the world are aware of the positive consumer sentiment about stevia, and they are widening their product offerings to cater to the demands of health-conscious consumers. Stevia is available in three forms, including liquid extract, powder extract and leaf. Among these, the demand for powder extract was the highest in 2014 and it is anticipated that the demand will continue to be robust through 2020. On the other hand, the liquid extract- and leaf- segment are anticipated to be worth US$ 112 million and US$ 85.6 million by 2020. Dominant application segments of stevia are beverages, table top sweeteners, and packaged food products. Among these, the beverage application segment was valued at US$ 120.4 Mn in 2014. According to our analysis, this application segment will witness a steady CAGR to reach a valuation of US$ 196.7 by 2020. On the other hand, table top sweetener segment, which was valued at US$ 68.8 million in 2014 is projected to witness a steady CAGR through 2020. Asia Pacific excluding Japan (APEJ) had the highest market share in 2014, accounting for over one-fourth of the market. According to our analysis, APEJ will continue to be a dominant region for the demand of stevia; however, it will lose its dominance to North America by 2020. The North American region had a share of 24% in the global stevia market in 2014. It is projected that North America will have the largest market share of 25.8% by 2020. Another key region for stevia market is Latin America. Demand for stevia-based products will ensure that stevia market expands at a steady rate in the region. Key Topics Covered: 1. Research Methodology 2. Assumptions & Acronyms Used 3. Global Stevia Market - Executive Summary 4. Global Stevia Market: Taxonomy 5. Global Sweetener Market Overview 6. Global Stevia Market Overview 7. Global Stevia Market Dynamics 8. Global Stevia Market Analysis & Forecast: By Extract Type 9. Global Stevia Market Analysis & Forecast By Application 10. Global Stevia Market Analysis & Forecast: By Geography 11. Global Stevia Market: Company Profiles - Cargill Inc. - Evolva Holding S.A. - GLG Life Tech Corp. - Ingredion Inc. - Nestl? S.A. - PepsiCo Inc. - PureCircle Ltd. - Stevia Corp. - Tate & Lyle Plc. - The Coca-Cola Company For more information visit http://www.researchandmarkets.com/research/vb...bal_market
PEP: 103.74 (-0.34)
Stevia Market: Global Industry Analysis and Opportunity Assessment 2014-2020
M2 - Fri Jun 05, 3:53AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2hz7gq/stevia_market) has announced the addition of the "Stevia Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020" report to their offering. Globally, the sweetener market is estimated to be US$ 68.1 billion in 2014 and expected to reach at US$ 95.9 billion by 2020, registering a CAGR of 5.7% during 2014-2020 Whereas, stevia market is estimated to value at US$ 347.0 million in 2014 and expected to reach US$ 565.2 million by 2020, reflecting a CAGR of 8.5% during the forecast period. In terms of volume consumption of stevia it is expected to reach 8,506.9 tonnes by the end of 2020, registering an annual growth of around 7-8% during the forecast period. On the basis of extract type stevia market segmentation includes liquid, powder, and leaf extract. Liquid extracts are further sub-segmented as clear liquid extract and dark liquid extract. Also, powder stevia extracts are sub-segmented into stevia blends, sweet glycosides (40-50%) and sweet glycosides (80-95%). Among the various extract types, powder extracts contribution to the overall pie is expected to dominant during the forecast period, accounting for 65% of the overall stevia market share by 2020. However, liquid extracts segment is experiencing a robust CAGR of 8.7% during the forecast period. This growth is supported by extensive use of stevia liquid in direct consumption as table top sweetener coupled with assorted stevia-based liquid products globally. On the basis of application or use the stevia market include dairy food products, bakery products, dietary supplements, confectionery, table top sweeteners, beverages, packaged food products, snacks, and others. Among all these segments packaged food products, beverages and table top sweeteners are collectively expected to account for around 72.0% of the global stevia market. Geographically, the global stevia market analysis focusses on North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific Excluding Japan, Japan and Middle East and Africa (MEA). North America represents the most lucrative market, followed by Latin America and Asia Pacific Excluding Japan. North America is expected to register a CAGR of 9.8% accounting for US$ 146.0 million by 2020. In Asia Pacific, China and India owe a significant contribution to growth of Asia Pacific stevia market and thus, represent opportunities for manufacturers in the near future. MEA may represent as a potential market due to increasing disposable income and modern retail infrastructure during later years of forecast period i.e. 2018-2020. Japan records comparatively less growth. This is due to soaring prices of stevia coupled with increased exports of stevia from Japan to other. Companies Mentioned - Cargill Inc. - Evolva Holding S.A. - GLG Life Tech Corp. - Ingredion Inc. - Nestl? S.A. - PepsiCo Inc. - PureCircle Ltd. - Stevia Corp. - Tate & Lyle Plc. - The Coca-Cola Company For more information visit http://www.researchandmarkets.com/research/2h...via_market
PEP: 103.74 (-0.34)