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Middle East And Africa 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: March, 2023
ID: 7955
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Stevia Market Size and Growth

Middle East and Africa Stevia Market was worth USD 44.28 million in 2021 and is estimated to be growing at a CAGR of 7.15%, to reach USD 62.7 million by 2027.

Middle East and Africa Stevia Market Overview:

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 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 Middle East and Africa Stevia market is majorly driven by the growth in awareness of health benefits of stevia and 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 being a complex method, procuring raw material to get the final product is a major problem for companies in this market.

Middle East and Africa Stevia Market Segmentation:

based on Extract Type

  • Whole Leaf

  • Powdered

  • Liquid

Based on the Application,

  • Dairy, Bakery & Confectionery,
  • Table top Sweeteners

  • Beverages

  • Convenience Foods

Based on Form

  • Dry

  • Liquid

Middle East and Africa Stevia Market Regional Analysis

  • UAE

  • Israel

  • KSA

  • South Africa

  • Egypt

the Middle East and Africa market is analysed under the regions namely Middle East and Africa. The region consists of many developing countries and is thus expected to show substantial growth in coming years.

Middle East and Africa Stevia Market Key Players

  1. Nestlé S.A.

  2. The Coca-Cola Company and PepsiCo Inc,

  3. Cargill Inc.

  4. Evolva Holding S.A.

  5. PureCircle Ltd.

  6. Stevia Corp.

  7. Ingredion Inc.

  8. GLG Life Tech Corp

  9. Tate & Lyle Plc

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