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Asia Pacific Stevia Market By Extract Type (Whole Leaf, Powdered, Liquid), By Application (Dairy, Bakery & Confectionery, Table Top Sweeteners, Beverages, Convenience Foods), By Form (Dry, Liquid), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: January, 2022
ID: 7953
Pages: 145

Asia Pacific Stevia Market  Size and Growth Analysis:

Asia Pacific Stevia Market was worth USD 134.05 million in 2021 and is estimated to be growing at a CAGR of 11.1%, to reach USD 226.89 million by 2027.

Asia Pacific Stevia Market Scenario

The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the nutrition industry. Stevia has an important place in the sweeteners segment due to its advantages like low-calorie and high protein. Stevia has its special flavor and sweetness which is about 200 to 350 times more than normal sugar. Several food & beverage companies use stevia to enhance the taste of products without adding calories. Thus, stevia will be seen as a business opportunity in the coming five years. Also, many multinational companies have started venturing into the production of various types of stevia.

The Asia Pacific Stevia market is majorly driven by the growth in awareness of the health benefits of stevia and by providing profitable margins to distributors. Also, rising product visibility in retail, as well as product availability, is expected to improve the demand for stevia-based products amongst consumers across the globe. Stevia creation is a complex method, procuring raw material to get the final product is a major problem for companies in this market.

Asia Pacific Stevia Market Segmentation:

The Asia Pacific Stevia Market is segmented based on

  • Whole Leaf

  • Powdered

  • Liquid

Based on the Application

  • Dairy, Bakery & Confectionery

  • Tabletop Sweeteners

  • Beverages

  • Convenience Foods

  • Based on Form, the market is segmented into Dry, and Liquid.

Asia Pacific Stevia Market Geographical Analysis

  • China

  • India

  • Japan

  • South Korea

The region consists of many developing countries, majorly, China and India, and is thus expected to show substantial growth in coming years.

Asia Pacific Stevia Market Key players:

  1. Nestlé S.A.

  2. The Coca-Cola Company

  3. PepsiCo Inc.

  4. Cargill Inc.

  5. Evolva Holding S.A.

  6. PureCircle Ltd.

  7. Stevia Corp.

  8. Ingredion Inc.

  9. GLG Life Tech Corp.

  10. Tate & Lyle Plc

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Extract Type                               

                                5.1.1 Introduction           

                                5.1.2 Whole Leaf             

                                5.1.3 Powdered               

                                5.1.4 Liquid        

                                5.1.5  Y-o-Y Growth Analysis, By Extract Type     

                                5.1.6  Market Attractiveness Analysis, By Extract Type   

                                5.1.7  Market Share Analysis, By Extract Type     

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Dairy          

                                5.2.3 Bakery & Confectionery    

                                5.2.4 Tabletop Sweeteners         

                                5.2.5 Beverages               

                                5.2.6 Convenience Foods            

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

                5.3 Form                             

                                5.3.1 Introduction           

                                5.3.2 Dry             

                                5.3.3 Liquid        

                                5.3.4  Y-o-Y Growth Analysis, By Form    

                                5.3.5  Market Attractiveness Analysis, By Form 

                                5.3.6  Market Share Analysis, By Form   

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Extract Type

                                                6.1.3.3 By Application

                                                6.1.3.4 By Form

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Extract Type

                                                6.1.4.3 By Application

                                                6.1.4.4 By Form

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Extract Type

                                                6.1.5.3 By Form

                                                6.1.5.4 By Application

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Nestlé S.A                   

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Coca-Cola Company                

                8.3 Cargill Inc.                    

                8.4 Evolva Holding S.A                   

                8.5 PureCircle Ltd.                           

                8.6 Stevia Corp.                

                8.7 Ingredion Inc                             

                8.8 GLG Life Tech Corp.                

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia Pacific Stevia Market By Extract Type, From 2022 - 2027 ( USD Million )

  2. Asia Pacific Whole leaf Market By Region, From 2022 - 2027 ( USD Million )

  3. Asia Pacific Powdered Market By Region, From 2022 - 2027 ( USD Million )

  4. Asia Pacific Liquid Market By Region, From 2022 - 2027 ( USD Million )

  5. Asia Pacific Stevia Market By Application, From 2022 - 2027 ( USD Million )

  6. Asia Pacific Dairy Market By Region, From 2022 - 2027 ( USD Million )

  7. Asia Pacific Bakery & confectionery Market By Region, From 2022 - 2027 ( USD Million )

  8. Asia Pacific Tabletop sweeteners Market By Region, From 2022 - 2027 ( USD Million )

  9. Asia Pacific Beverages Market By Region, From 2022 - 2027 ( USD Million )

  10. Asia Pacific Convenience foods Market By Region, From 2022 - 2027 ( USD Million )

  11. Asia Pacific Others Market By Region, From 2022 - 2027 ( USD Million )

  12. Asia Pacific Stevia Market By Form, From 2022 - 2027 ( USD Million )

  13. Asia Pacific Dry Market By Region, From 2022 - 2027 ( USD Million )

  14. Asia Pacific Liquid Market By Region, From 2022 - 2027 ( USD Million )

  15. Japan Stevia Market By Extract Type, From 2022 - 2027 ( USD Million )

  16. Japan Stevia Market By Application, From 2022 - 2027 ( USD Million )

  17. Japan Stevia Market By Form, From 2022 - 2027 ( USD Million )

  18. China Stevia Market By Extract Type, From 2022 - 2027 ( USD Million )

  19. China Stevia Market By Application, From 2022 - 2027 ( USD Million )

  20. China Stevia Market By Form, From 2022 - 2027 ( USD Million )

  21. India Stevia Market By Extract Type, From 2022 - 2027 ( USD Million )

  22. India Stevia Market By Application, From 2022 - 2027 ( USD Million )

  23. India Stevia Market By Form, From 2022 - 2027 ( USD Million )

  24. Australia Stevia Market By Extract Type, From 2022 - 2027 ( USD Million )

  25. Australia Stevia Market By Application, From 2022 - 2027 ( USD Million )

  26. Australia Stevia Market By Form, From 2022 - 2027 ( USD Million )

  27. South Korea Stevia Market By Extract Type, From 2022 - 2027 ( USD Million )

  28. South Korea Stevia Market By Application, From 2022 - 2027 ( USD Million )

  29. South Korea Stevia Market By Form, From 2022 - 2027 ( USD Million )

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