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The report also includes the profiles of key stevia companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Top Key Players:- Cargill, Incorporated, GLG LIFE TECH CORP, Ingredion Incorporated, Morita Kagaku Kogyo Co., Ltd, Purecircle, Pyure Brands LLC, S&W Seed Co., Sunwin Stevia International, Inc., Tate & Lyle PLC, The Archer Daniels Midland Company
Reason to Buy
Stevia is known as Stevia rebaudiana bertoni. It is a bushy shrub that is a member of the chrysanthemum family. It is an intensely sweet-tasting plant originally native to Paraguay and Brazil but is now also grown in Japan and China. Stevia is the universal name for the Stevia plant itself and also for sweeteners manufactured from the plant. It is used as a sugar substitute. Unlike other sugar, it doesn’t add calories, and it is 200 times sweeter than sugar in the same concentration. Stevia is used as a healthy alternative in many meals and beverages.
Numerous advantages provided by stevia such as sugar replacement, reduction in calories, sweetness, texture, color and flavor enhancement is expected to remain the dominant force driving the demand for stevia market. Increase in the number of diseases and other health problems across the globe is also projected to influence the need for stevia market significantly. Moreover, the demand for natural sugar substitutes is an increasing rate among the consumer, which is expected to fuel the stevia market worldwide. Use of added sugars as an ingredient limited by sugary drink taxes is expected to generate untapped opportunity for the market participants.
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