Stevia is a sweetener and sugar substitute driven from the leaves of the Stevia Rebaudiana plant species. It is grown in Japan and China and is being used since the sixteenth century to make tea and sweet beverages. Although now stevia, it is a non-nutritive sweetener and an herbal supplement, containing little or no calories. Due to the fewer calories and enhanced taste, many meals and beverage companies use stevia as a natural sweetener. As a substitute for sugar, stevia has numerous applications in tabletop sweeteners, dairy products, confectionery products, beverages, bakery, and convenience foods. Stevia is extensively used in making desserts because of its ease of use during processing, low cost, and availability. The stevia desserts include various candies, chocolates, and bakery products. Besides, it provides improved texture, color, sweetness, form, flavor, and extended shelf life to the final product.
MARKET DYNAMICS
The rising taste and preference of the consumers toward desserts consumption coupled with the health benefits provided by Stevia products like controlled blood sugar, weight control, pancreatic cancer, blood pressure, and numerous allergies; with no side effect on the human health or body are the key factors driving the global stevia dessert market. The increased research and development in finding new stevia-based products, using advanced technology for stevia extraction, and health benefits provided by stevia, are the opportunities that will drive the stevia dessert market during the forecast period. However, the fluctuation in the stevia leaves' prices, which is the primary raw material for stevia, is restraining the market growth for stevia desserts.
MARKET SCOPE
The "Global Stevia Dessert Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the stevia dessert market with detailed market segmentation by type and application. The global stevia dessert market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading stevia dessert market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global stevia dessert market is segmented into type and application. By type, the stevia dessert market is classified into Chocolate, Candy, Bakery Products. By application, the stevia dessert market is classified into Household, Commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global stevia dessert market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The stevia dessert market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the stevia dessert market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the stevia dessert market in these regions.
MARKET PLAYERS
The report covers vital developments in the stevia dessert market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the stevia dessert market are anticipated to lucrative growth opportunities in the future with the rising demand for stevia dessert in the global market. Below mentioned is the list of few companies engaged in the stevia dessert market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the stevia dessert market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Coco Polo
- Sweetal
- Barry Callebaut
- Now Foods
- Ingredion Inc.
- Tate & Lyle PLC
- SweetLeaf
- Zevic
- Procarvit
- Stevi0ca
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.