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 Europe stevia market is being driven by the rising demand for natural sweeteners. In 2020, Europe produced almost USD 0.98 million worth of stevia, accounting for 0.3% of the global output.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Europe stevia market is being aided by the growing global industry. The global market is expected to grow at a CAGR of 8.4% to reach a value of USD 844.20 million.
Europe is a leading regional market for stevia, globally after the Asia Pacific. The continent accounts for over a fifth of the global industry in terms of consumption and is being driven by the accelerating year-on-year use of stevia in the region. Since it accounts for only a small percentage of the global output of the natural sweetener, it imports stevia leaves to meet the rising domestic demand. The imported leaves are then processed into pure stevia sweeteners. The growing consumer interest and increase in investments and innovations by the companies involved are further aiding the Europe stevia market. Europe, along with the Asia Pacific was the leading region for the launches of foods and beverages containing the natural sweetener as an ingredient. The two regions were followed by Latin America and North America as major markets for stevia as well as in the number of foods and beverages product launches, which were comprised of the natural sweetener.
Globally, the industry is being driven by the growing demand for low calorie and natural sweeteners. With rising cases of obesity and diabetes, the governments and other local bodies are increasingly encouraging the use of natural sweeteners like stevia. Their expanding applications in the sports and energy sector is propelling the industry forward. The natural sweetener is also finding rising application in non-food sectors like cosmetics and personal care sector in products like toothpaste, mouthwash, and lip balms, among others. Currently, the Asia Pacific is the largest stevia market, with China producing almost 90% of the natural sweetener in the region. Latin America and North America are also significant markets for the natural sweetener. Stevia is indigenous to Latin America countries like Brazil and Paraguay, which are also the major markets for the substance in the Latin America region.
Stevia is a zero-calorie natural sweetener produced from the leaves of Stevia rebaudiana, native to Paraguay and Brazil. It is used as a sugar-substitute, deriving its sweetness from its active compound, steviol glycosides, which are 30-150 times sweeter than sugar. According to the extract types, it is available as leaves, liquid, or powder.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
It finds extensive application in the following sectors:
The EMR report also looks in-depth into the regional markets in Europe like Germany, France, the United Kingdom, and Spain, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Europe stevia market is being driven by its thriving food and beverage industry along with a rising awareness about diseases related to sugar consumption. The increasing rates of obesity, leading to people seeking out healthier alternatives to sugar, is also aiding the Europe stevia market. The industry is also finding further impetus for its growth in the increasing consumer interest in innovative and healthy products. Being a natural sweetener, stevia is witnessing a greater adoption of its use as the consumers are seeking out natural or organic products and moving away from artificial sweeteners. The rising innovations in ready-made meals, soft drinks, and dairy products, with major players investing further on R&D undertakings, are acting as a catalyst for the Europe stevia market. The natural sweetener is finding expanding use in RTD tea, fruit drinks, and carbonated soft drinks as consumers are looking for low or no sugar, natural alternatives.
The Europe stevia market is also being driven by favourable government policies and regulatory clearances. European countries like Finland, Hungary, France, Norway, UK, and Ireland have implemented taxes on sugary beverages. France has also implemented taxes on drinks containing artificial sweeteners, thus, pushing the Europe stevia market further forward. Romania, too, is looking to introduce taxes for sugary foods and beverages. In the EU, steviol glycosides are authorised to be used as food additives under the European Union under Annex II of Regulation (EC) 1333/2008. The regulation controls the amount of stevia that can be added to food and beverage products like tea, instant coffee and cappuccino, fruit drinks, flavoured beverages, beer, and other alcoholic drinks.
The report provides a detailed insight into the following key players in the Europe stevia market, covering their competitive landscape, capacity, and latest developments like mergers and acquisitions, expansions of capacity, and plant turnarounds:
The EMR report gives an in-depth look into the Europe stevia market by providing an assessment based on the Porter’s Five Forces model along with a SWOT analysis. It also looks into the other global markets like North America, Asia Pacific, Latin America, and the Middle East and Africa.
*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.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Key Players
3.4 Supply Market Changes
4 Global Stevia Market Outlook
5 Global Stevia Market
5.1 Global Stevia Market Analysis
5.1.1 Figure: Global Stevia Historical Market (2016-2020) and Forecast (2021-2026)
5.1.2 Chart: Global Stevia Market Breakup by Extract Type
5.1.3 Chart: Global Stevia Market Breakup by Application
188.8.131.52 Food and Beverages
184.108.40.206 Oral Care
5.1.4 Chart: Global Stevia Market Breakup by Region
220.127.116.11 North America
18.104.22.168 Asia Pacific
22.214.171.124 Latin America
126.96.36.199 Middle East & Africa
6 Europe Stevia Market
6.1 Europe Stevia Market Analysis
6.1.1 Figure: Europe Stevia Historical Market (2016-2020) and Forecast (2021-2026)
6.1.2 Chart: Europe Stevia Market Breakup by Extract Type
6.1.3 Figure: Europe Stevia Market Breakup by Extract Type: Historical Market (2016-2020) & Forecast (2021-2026)
6.1.4 Chart: Europe Stevia Market Breakup by Application
188.8.131.52 Food and Beverages
184.108.40.206 Oral Care
6.1.5 Figure: Europe Stevia Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
220.127.116.11 Food and Beverages
18.104.22.168 Oral Care
6.1.6 Chart: Europe Stevia Market Breakup by Country
22.214.171.124 United Kingdom
6.1.7 Figure: Europe Stevia Market Breakup by Country: Historical Market (2016-2020) & Forecast (2021-2026)
126.96.36.199 United Kingdom
6.2 SWOT Analysis
6.3 Value Chain Analysis
6.4 Porter’s Five Forces Analysis
6.4.2 Buyer’s Power
6.4.3 Supplier’s power
6.4.4 New Entrants
6.4.5 Degree of Rivalry
7 Europe Stevia Market Price Analysis
7.1 Germany Historical Price Trends (2016-2020) & Forecast (2021-2026)
7.2 France Historical Price Trends (2016-2020) & Forecast (2021-2026)
7.3 United Kingdom Historical Price Trends (2016-2020) & Forecast (2021-2026)
7.4 Spain Historical Price Trends (2016-2020) & Forecast (2021-2026)
8 Manufacturing Process
8.1 Detailed Process Flow
8.2 Operations Involved
8.3 Mass Balance
9 Cost Analysis
9.1 Land, Location and Site Development
9.3 Plant Machinery
9.4 Cost of Raw Material
9.9 Other Capital Investment
10 Competitive Landscape & Supplier Analysis
10.2 Cargill, Incorporated
10.3 Tate & Lyle PLC
10.4 Archer Daniels Midland Company
10.5 Ingredion Incorporated
10.7 HYET Sweet
11 Consumer Analysis
12 Industry Events and Developments
EMR is one of the foremost business intelligence and market research firms with a database of syndicated and customised reports spanning more than 100 industries across global and regional markets. We leverage the knowledge of our highly skilled team of over 100 analysts and more than 3000 independent consultants to provide our clients with thoroughly researched and reliable data tailored to their requirements. We help our clients, who range from Fortune 1000 companies to medium and niche enterprises, make informed strategic decisions through our varied tools and methodology.
Our meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. We understand the distinct nature and requirements for each market and thus, modify our methodology to best fit the industry in question. Our research methodology uses a combination of cutting-edge analytical tools and the expertise of our highly accomplished team, thus, providing our customers with market insights that are accurate, actionable, and help them remain ahead of their competition. EMR’ s fine-tuned research methodology and data analysis, formulated through years of cross-industry experience of our team, ensure that our clients are provided with:
Our approach gives our clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources.
We assess the historical, prevailing, and expected prices of commodities and raw materials by analysing our assiduously collected data from verified primary and secondary sources. Our assessments reflect the market values of related commodities within a region to help our consumers understand the interdependencies and formulate profitable market strategies. Our price assessments cover both the average global prices along with the prevailing regional prices.
Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future market growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the market.
We gather market intelligence through our extensive database of reliable secondary sources and our exhaustive interviews with multiple industry stakeholders. The information gathered through our primary and secondary sources help us verify and extrapolate data relating to prices, trade, and market fluctuations along with the latest developments in the market.
As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the market. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.
EMR has access to extensive internal and subscribed databases, which apprise us of the historical and prevailing market conditions and help us forecast the market for the coming few years. Our secondary research involves a wide array of sources ranging from the annual and financial reports of the key players in the industry to governmental and regulatory databases. We refer to various scientific and industry publications and whitepapers to form a comprehensive understanding of the product and the supply chain. Our wide-ranging research also refers to relevant articles and press releases to provide our customers with an up-to-date understanding of the contemporary market. We derive extensive raw data from our secondary research, which then go through a thorough verification and validation process, to help us formulate an exhaustive understanding of the market, the supply chain, the competitive landscape, and the product.
Other Analyst Tools and Data Models
Our extensive and intricate data models, formulated through our propriety technological and analytical resources, help you easily comprehend the expansive market data and aid you in framing vital business and market strategies. Our tools provide you with a cohesive understanding of the industry outlook, taking into account the qualitative and quantitative market variables. Our analytical tools and models are regularly updated according to the changes in the continually evolving market scenarios as well as being adapted to best meet our client’s specific needs. Our research methods involve a blend of the best technological tools used in the industry along with the expertise of our analysts and consultants who can spot and assess the implications of the subtle factors influencing the more complex markets.
Our market assessments take into consideration only those data that are confirmed and are derived from credible and transparent sources. Thus, our clients are presented with accurate and infallible data which can be incorporated into their business strategies.
Before our data is presented to the clients, they undergo an intensive cross-verification and validation process. We corroborate the data gathered through our primary and secondary research by the review and validation of the initial sources along with the verification of the data from other thoroughly vetted sources.
Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions. By constantly updating our databases and reports to reflect the changes taking place in the market, our market and price assessments accurately reflect the prevailing industry conditions.
Thus, our rigorous data collection, thorough statistical analysis, and specialist assessments ensure that our clientele has a greater understanding of the market space, supply chain, price fluctuations, competitive landscape, and other vital factors, helping them emerge as the undisputed industry leaders in their respective fields.
Single User License
Five User License
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.