EUROPE STEVIA MARKET FORECAST 2021-2028

The Europe stevia market is projected to grow at a CAGR of 8.40% during the forecast period, 2021-2028. Products with natural ingredients and additives are in high demand among the consumers in the region. Also, animal feed additives are evaluated scientifically. Such factors have resulted in manufacturers of animal feed and food & beverage using natural & healthy additives like stevia.

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The United Kingdom, Russia, Germany, Poland, France, Spain, Belgium, Italy, and the Rest of Europe, are assessed for the Europe stevia market growth analysis. In the United Kingdom, the introduction of the sugar tax and the rising health-conscious consumers, has resulted in new product launches with stevia. There is a growing interest among the British with regard to the stevia leaf extract, whose sweetness originates from natural sources. Also, government initiatives like ‘Responsibility Deal,’ have enabled the food manufacturing companies to address the public health challenges of obesity in the UK. Such factors are expected to propel the market penetration of stevia.

In Italy, consumers are aware of the health risks associated with high levels of sugar consumption. Individuals are increasingly opting for foods with brown sugar or sugar sweeteners. Several associations are promoting knowledge and research on stevia sweeteners to raise awareness about these products among food & beverage companies. This is set to increase their usage in applications like confectionaries, bakery, and dairy foods. Such factors are expected to facilitate market growth in Italy.

Beneo GmbH is engaged in the sale and production of health and nutrition products. The product portfolio includes functional proteins, specialty rice ingredients, functional carbohydrates, and functional fibers. It primarily manufactures functional ingredients like stevia. It is headquartered in Mannheim, Germany.

 

TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
  3. MARKET DYNAMICS
    1.    KEY DRIVERS
      1. WIDENING APPLICATIONS OF STEVIA IN FOOD & BEVERAGE INDUSTRY
      2. RISING DEMAND AMONG DIABETIC AND OBESE CONSUMERS
      3. INCREASING CONSUMER INCLINATION TOWARD CLEAN-LABEL
      4. SURGE IN DEMAND FOR NATURAL SWEETENERS
    2.    KEY RESTRAINTS
      1. EASY AVAILABILITY OF SUBSTITUTES
      2. LIMITED PRODUCTION AND PRICE FLUCTUATION OF STEVIA LEAF
  4. KEY ANALYTICS
    1. IMPACT OF COVID-19 ON STEVIA MARKET
    2. KEY INVESTMENT INSIGHTS
    3.    PORTER’S FIVE FORCE ANALYSIS
      1. BUYER POWER
      2. SUPPLIER POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. OPPORTUNITY MATRIX
    5. VENDOR LANDSCAPE
  5. MARKET BY FORM
    1. POWDER
    2. LIQUID
    3. LEAF
    4. OTHERS
  6. MARKET BY APPLICATION
    1. BAKERY
    2. DAIRY FOOD PRODUCTS
    3. BEVERAGES
    4. DIETARY SUPPLEMENTS
    5. CONFECTIONERY
    6. OTHER APPLICATIONS
  7. GEOGRAPHICAL ANALYSIS
    1.    EUROPE
      1. KEY GROWTH ENABLERS
      2. KEY CHALLENGES
      3. KEY PLAYERS
      4.    COUNTRY ANALYSIS
        1. UNITED KINGDOM
        2. GERMANY
        3. FRANCE
        4. ITALY
        5. SPAIN
        6. RUSSIA
        7. BELGIUM
        8. POLAND
        9. REST OF EUROPE
  8. COMPETITIVE LANDSCAPE
    1.    KEY STRATEGIC DEVELOPMENTS
      1. MERGER & ACQUISITIONS
      2. PRODUCT LAUNCH & DEVELOPMENTS
      3. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
      4. BUSINESS EXPANSION
    2.    COMPANY PROFILES
      1. ARCHER DANIELS MIDLAND COMPANY (ADM)
      2. BENEO GMBH
      3. CARGILL INC
      4. FOODCHEM INTERNATIONAL CORPORATION
      5. FRAKEN BIOCHEM CO LTD
      6. HAIHANG INDUSTRY CO LTD
      7. INGREDION INC
      8. PURECIRCLE
      9. TATE & LYLE PLC
      10. VAN WANKUM INGREDIENTS
      11. GLG LIFE TECH CORP
      12. HYET SWEET BV
      13. GUILIN LAYN NATURAL INGREDIENTS CORP
      14. EVOLVA HOLDING
      15. STEVIA CORP
      16. SUNWIN STEVIA INTERNATIONAL INC
LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – STEVIA

TABLE 2: EUROPE STEVIA MARKET, BY FORM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: EUROPE STEVIA MARKET, BY FORM, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: EUROPE STEVIA MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: EUROPE STEVIA MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: EUROPE STEVIA MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: EUROPE STEVIA MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: LEADING PLAYERS OPERATING IN EUROPE STEVIA MARKET

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: EUROPE STEVIA MARKET, GROWTH POTENTIAL, BY FORM, IN 2020

FIGURE 6: EUROPE STEVIA MARKET, BY POWDER, 2021-2028 (IN $ MILLION)

FIGURE 7: EUROPE STEVIA MARKET, BY LIQUID, 2021-2028 (IN $ MILLION)

FIGURE 8: EUROPE STEVIA MARKET, BY LEAF, 2021-2028 (IN $ MILLION)

FIGURE 9: EUROPE STEVIA MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 10: EUROPE STEVIA MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 11: EUROPE STEVIA MARKET, BY BAKERY, 2021-2028 (IN $ MILLION)

FIGURE 12: EUROPE STEVIA MARKET, BY DAIRY FOOD PRODUCTS, 2021-2028 (IN $ MILLION)

FIGURE 13: EUROPE STEVIA MARKET, BY BEVERAGES, 2021-2028 (IN $ MILLION)

FIGURE 14: EUROPE STEVIA MARKET, BY DIETARY SUPPLEMENTS, 2021-2028 (IN $ MILLION)

FIGURE 15: EUROPE STEVIA MARKET, BY CONFECTIONERY, 2021-2028 (IN $ MILLION)

FIGURE 16: EUROPE STEVIA MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 17: EUROPE STEVIA MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 18: UNITED KINGDOM STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 19: GERMANY STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 20: FRANCE STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: ITALY STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 22: SPAIN STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 23: RUSSIA STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 24: BELGIUM STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: POLAND STEVIA MARKET, 2021-2028 (IN $ MILLION)

FIGURE 26: REST OF EUROPE STEVIA MARKET, 2021-2028 (IN $ MILLION)

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