Artificial Intelligence
Global Stevia Market is Expected to Reach USD 1,134.61 Million by 2026 : Fior Markets
New Jersey, NJ, Jan. 17, 2020 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global stevia market is expected to grow from USD 694.71 Million in 2018 to USD 1,134.61 Million by 2026, at a CAGR of 6.32% during the forecast period from 2019-2026. Potential use of stevia in the pharmaceutical industry coupled with the growing consumer preference for low calorie sweeteners are driving the global stevia market.
Stevia is a sweetener and sugar substitute extracted from the leaves of the plant species named Stevia rebaudiana. It is a natural sweetener that tastes 200 to 300 times sweeter than table sugar. Stevia has emerged as a non-nutritive or zero-calorie sweetener substitute for the sugar. The artificial sweeteners such as aspartame, saccharin, sucralose, and cyclamate are known to cause adverse health effects. Thus there has been growing demand for the natural sweeteners. Stevia is also known for its superior medicinal and herbal properties. It is also known for its ability to control blood pressure and in weight management. Thus, continuous research and development in the pharmaceutical industry is anticipated to propel the global stevia market over the forecast period.
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Global Stevia Market Key Findings:
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All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. This study forecasts revenue growth and volume at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global stevia market on the basis of below mentioned segments: Global Stevia Market by Application:
Global Stevia Market by Region:
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Global Stevia Market by Type:
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