Global Steviol Glycoside Market Research Report, by Type (Stevioside, Dulcoside A, and Others), by End-user (Food, Beverage, Others), and Region - Forecast to 2023
Market analysis
Steviol glycosides are mixes extricated from the plant Stevia rebaudiana and promoted under the name of stevia. It is a kind of sweetening ingredient and feasible answer for individuals experiencing diabetes. Because of its low-calorie properties, the market is required to encounter a change sought after of 8.23% CAGR over the estimated time frame. Expanding predominance of obesity and malignant growth is probably going to cause the move towards non-sugar substitutes, for example, stevia. Recently discovered utilizations of these compounds are caffeinated drinks and different refreshments are probably going to open up new opportunities for the market. Suppliers and Distributors, Steviol Glycoside Manufacturers, Raw Material Suppliers, Associations, Potential Investors, Governments are some of the intended players in the global steviol glycoside market.
The global steviol glycoside market is anticipated to exhibit a growth rate of 9.16% CAGR during the forecast period 2018 to 2023.
Market segmentation
The global steviol glycoside market is classified on the basis of its type, end-user, and regional demand. Based on its type, the market is segmented into rebaudioside A, stevioside, dulcoside A, rebaudioside C, and others. On the basis of its end-user, the market is bifurcated into medicine, beverage, food, chemicals, and others.
Regional analysis
Geographically, the global steviol glycoside market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
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.), GLG Lifetech Corporation (Canada), Morita Kagaku Kogyo (Japan), Sunwin Stevia International, Inc. (China), Tate & Lyle (U.K.), among others are some of the major players in the global steviol glycoside market.
