Global Food and Beverage Stevia Market Report, History and Forecast 2017-2028
Summary
Market Analysis and Insights: Global Food and Beverage Stevia Market
Due to the COVID-19 pandemic, the global Food and Beverage Stevia market size is estimated to be worth US$ 449.29 million in 2021 and is forecast to a readjusted size of US$ 628.13 million by 2028 with a CAGR of 4.95% during the review period.
The global main manufacturers of Food and Beverage Stevia include Haotian Pharm, PureCircle (Ingredion), Shandong Shengxiangyuan, Sunwin Stevia, Shangdong Huaxian Stevia, GLG Life Tech Corp, Qufu Tianyuan Biotechnology, Cargill, and Jining Aoxing Stevia Products, etc. In 2021, the global five largest players have a share approximately 68.37% in terms of revenue.
The North America Food and Beverage Stevia market is estimated at US$ 162.28 million in 2021, while China is forecast to reach US$ 220.47 million by 2028. The proportion of the China is 17.06% in 2021 and it is predicted that the share will reach 20.68% in 2028, trailing a CAGR of 7.09% through the analysis period. As for the Europe Food and Beverage Stevia landscape, Germany is projected to reach US$ 27.18 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 3.68% and 4.86% respectively for the next 6-year period.
Reb-A Series accounting for 50.17% of the Food and Beverage Stevia global market in 2021, is projected to value US$ 289.56 million by 2028, growing at a revised -0.93% CAGR in the post-COVID-19 period. While Beverage segment is altered to an 5.02% CAGR throughout this forecast period and will hold a share about 58.98% in 2028.
Global Food and Beverage Stevia Scope and Market Size
The global Food and Beverage Stevia market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Food and Beverage Stevia market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
Haotian Pharm
PureCircle (Ingredion)
Shandong Shengxiangyuan
Sunwin Stevia
Shangdong Huaxian Stevia
GLG Life Tech Corp
Qufu Tianyuan Biotechnology
Cargill
Jining Aoxing Stevia Products
Morita Kagaku Kogyo
Tate & Lyle
ADM
Chenguang Biotech Group
Biolotus Technology
Daepyung
Segment by Type
Reb-A Series
Reb D
Reb M
STV Series
Others
Segment by Application
Beverage
Food Ingredient
Table Sweetener
By Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Europe
Germany
UK
France
Italy
Spain
Latin America
Brazil
Argentina
Columbia
Middle East & Africa
Saudi Arabia
UAE
Turkey
South Africa
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