About stevia + industry analysis (draft) stevia is a plant-derived extract (called stevia rebaudiana), which is natural and calorie free, used as a sugar substitute in food, beverages and other applications the plant is primarily found in south america and has been used for centuries in japan. Stevia market overview stevia holds an essential place under sweeteners segment owing to its benefits such as low-calorie and high protein ingredient stevia market is segmented on the basis of extract type and application according to the extracts, the market is further segmented as liquid, powder, and leaf. Stevia’s global market value was estimated at 336 million us dollars in 2014 industry specialists expect the market to grow to 578 million us dollars by 2017 this upward trend is also shown by the increasing number of global food and beverage product launches that contain stevia.
Industry insights the global stevia market size was estimated at usd 3377 million in 2015, projected to expand at a cagr of 61% from 2016 to 2024.
The food safety and standards authority of india has issued their draft approval of steviol glycosides (stevia) as a sweetener for food and beverage. Stevia market - global study on stevia stevia market - global study on stevia industry to 2020pdf posted 3 years ago 367 stevia market - global study on stevia industry to 2020pdf download download original view pdf source: uploaded permalink comments sign in to comment related items from market research report global clinical. Nevertheless, r&d initiatives for new variants of stevia, new applications of stevia for zero-calorie products, and to enhance flavor of products are likely to aid the growth of stevia market in the future.
According to the latest report by imarc group, titled “stevia market: global industry trends, share, size, growth, opportunity and forecast 2018-2023”, the global stevia market reached a value of us$ 448 million in 2017. The global stevia market is segmented by type into powder, liquid, and leaf stevia is widely used in the powdered form across the globe, hence, it holds the largest segment in the market the market is segmented by application into bakery, dairy food, beverages, dietary supplements, confectionery, and others.