As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global natural sweeteners market is witnessing a healthy growth with the increase in the demand for stevia, which is a type of natural sweetener having zero-calorie content, unlike sugar. The increasing health concern among the consumers has led to a growth in the consumption of natural products over artificial ones. The global stevia market is being dominated by the Asia Pacific, followed by Europe. Within the Asia Pacific, China is the leading market, accounting for more than 90% of the total stevia production in the region.
The increase in the demand for low-calorie or sugar-free products is propelling the market further. In April 2020, Tate & Lyle PLC (LON: TATE), a global food ingredients provider and a major key player in the global stevia market, signed a multi-year enzyme supply and licensing agreement with Codexis, Inc. (NASDAQ: CDXS) to produce TASTEVA® M Stevia Sweetener. TASTEVA® M Stevia Sweetener is the first premium Reb M stevia sweetener, which was launched by Tate & Lyle in 2018, opening new horizons for the production of sugar-free products. The beverage giants like PepsiCo (NASDAQ: PEP) and Coca-Cola (NYSE: KO) are also increasing the production of stevia-based beverages to meet the growing demand of zero-calorie soft drinks, which have become quite popular among consumers.
Market Breakup by Type, Intensity, Application, Distribution Channel, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global natural sweeteners market are the Archer Daniels Midland Company, Cargill, Incorporated, PureCircle, Ingredion Incorporated, Roquette Frères, Sunwin Stevia International, Inc, GLG Life Tech Corporation, and Tate & Lyle PLC, among others. The EMR report covers the market share, capacity, and latest developments like mergers and acquisitions, capacity expansions, and plant turnarounds for these major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.