North America Stevia Market By Form (Powder, Liquid and others) By End User (Food and Beverages, Pharmaceuticals, Retail and other End Users) By Distribution Channel (Direct Channel and Indirect Channel) By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The North America Stevia Market would witness market growth of 9.1% CAGR during the forecast period (2020-2026). Alternative sweeteners such as stevia are important because they offer and extend beverage choices to regulate calorie, carbohydrate, or actual sugar intake. In the case of beverages, stevia is the most preferred choice, as the bulking properties given by sugar are not required. Stevia is one of the most popular natural sweeteners used for zero-calorie or low-calorie beverages. It is most widely found in beverages such as diet carbonated drinks, sparkling tea, soft drinks, fruit juices, ready-to-drink drinks, and sports & energy drinks.
Stability, texture, sweetness, and a sense of convenience food are key factors that appeal to consumers. Many important factors that are necessary to improve the appeal of the product include shelf-stability, proper form, colour, texture, texture, volume, and consistency. Stevia blends help to add these properties to the food product without affecting its consistency and appeal to consumers. Leading food ingredient manufacturers offer a wide variety of stevia blends to satisfy these requirements.
Liquid Stevia is expected to be the fastest-growing market, as consumers prefer stevia to sweeten recipes in liquid form. A few drops of liquid stevia extract replace a tablespoon of cane sugar and is useful for sweetening coffee, tea, and smoothies. Liquid stevia is available in a number of forms, such as syrups, resulting from the leaves being boiled in water. The syrup is used to enhance the flavour of many foods. Commercial-scale applications prefer liquid stevia as it is concentrated, and a very limited quantity is needed. In addition, demand for alcohol-free liquids in the segment is increasing at a higher rate.
Based on Form, the market is segmented into Powder, Liquid and others. Based on End User, the market is segmented into Food and Beverages, Pharmaceuticals, Retail and other End Users. Based on Distribution Channel, the market is segmented into Direct Channel and Indirect Channel. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingredion, Incorporated, Tate & Lyle PLC, The Coca Cola Company, PepsiCo, Inc., Archer Daniels Midland Company, S&W Seed Company, Morita Kagaku Kogyo Co., Ltd., Evolva Holdings SA, Sunwin Stevia International, Inc., Pyure Brands, LLC.
Scope of the North America Stevia Market Analysis
- Liquid and
By End User
- Food and Beverages
- Retail and
- other End Users
By Distribution Channel
- Direct Channel and
- Indirect Channel
- Rest of North America
- Ingredion, Incorporated
- Tate & Lyle PLC
- The Coca Cola Company
- PepsiCo, Inc.
- Archer Daniels Midland Company
- S&W Seed Company
- Morita Kagaku Kogyo Co., Ltd.
- Evolva Holdings SA
- Sunwin Stevia International, Inc.
- Pyure Brands, LLC
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