The global stevia market is benefiting from the growing demand for stevia due to its high-intensity sweetness and low-calorie content. Derived from the plant Stevia rebaudiana, stevia has a very low glycemic index and does not raise blood sugar levels, which makes it suitable for diabetics. In addition, the non-carcinogenic nature of stevia makes it soft for dental health.
The report on the global stevia market is appropriately divided on the basis of the type and application of the extract. The powder extract gained specialty due to its versatility in use with different foods. Packaged food products, tabletop sweets, and beverages are the main application of stevia. In today’s article, we are going to talk about the stevia market rise.
Global stevia market demand: Trends and Opportunities
Basically, the global stevia market is raising awareness about the health benefits of fuel stevia. Stevia is 200-350 times sweeter than sugar with low-calorie content because it is used by several food and beverage companies. Stevia has its own unique flavor which enhances the taste of the food it uses. Stevia offers multiple benefits such as sweetness, texture, sugar recovery, calorie reduction, enhancing color and flavor.
Also, the growing availability of stevia around the world is fueling the stevia market. Stevia-based products are increasingly benefiting the stevia market in modern retail sales. Raising awareness among individuals about the benefits of low-calorie sweeteners also stems from the demand for stevia.
In addition, the growing popularity of natural ingredients and antioxidants is also a key driver of the global stevia market.
In contrast, the high cost involved for the highly efficient labor and equipment for the complex process of stevia formation is a moderation of the growth of the stevia market.
Global Stevia Market: Geographical Outlook
Geographically, the global stevia market is divided into North America, Asia Pacific, Europe, the Middle East, Africa and Latin America. The large-scale commercial production of stevia in China is due to the dominance of Asia Pacific in the overall market.
North America follows the Asia Pacific in the global stevia market.
However, due to huge demand from countries such as Peru, Brazil, Colombia, Uruguay and Paraguay, Latin America has forecast the fastest growth.
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