PUBLISHER: QYResearch | PRODUCT CODE: 1070477
PUBLISHER: QYResearch | PRODUCT CODE: 1070477
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.
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.