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Key Emerging Trends in the Steviol Glycoside Market
In the worldwide market, naturally derived sweeteners have experienced considerable success and are poised for rapid growth in the near future. Within this category of natural sweeteners, stevia has emerged as the dominant player, capturing the largest market share. The prevalence of stevia-based sweet products has expanded significantly across various sectors within the food and beverage industry. Particularly, there has been a substantial introduction of stevia-based sweeteners in soft drinks and sports nutrition products. Statistics from 2017 reveal that the total count of products launched featuring stevia glycoside amounted to 3,526, marking a 10.4% increase compared to the products introduced in the preceding year, 2016. Interestingly, historical data indicates a notable surge in product launches containing stevia glycoside, with over 70% of these launches occurring within the last four years. In the global market, naturally derived sweeteners have seen considerable success and are expected to witness rapid growth in the near future. Stevia, among these natural sweeteners, has emerged as the frontrunner, claiming the largest market share. The introduction of stevia-based sweet products has been notably prevalent across a broad spectrum of the food and beverage industry, with a significant concentration observed in soft drinks and sports nutrition products. Data from 2017 indicates a substantial upsurge in products incorporating stevia glycoside, totaling 3,526 launches, reflecting a notable 10.4% increase compared to the previous year's figures in 2016. Noteworthy is the trend revealed by historical data, emphasizing that a staggering 70% of the product launches featuring stevia glycoside have taken place within the past four years. Naturally derived sweeteners have achieved substantial success in the global market and are poised for significant growth in the foreseeable future. Among these natural sweeteners, stevia has emerged as the primary contender, commanding the largest market share. The integration of stevia-based sweeteners has seen a considerable surge across various segments of the food and beverage industry, notably within soft drinks and sports nutrition products. Records from 2017 demonstrate a marked increase in the introduction of products featuring stevia glycoside, totaling 3,526 launches, indicating a significant 10.4% rise from the preceding year, 2016. An intriguing trend highlighted by historical data emphasizes that over 70% of product launches incorporating stevia glycoside have occurred within the past four years. Covered Aspects:| Report Attribute/Metric | Details |
|---|---|
| Market Opportunities | Becoming more and more used in the pharmaceutical industry |
| Market Dynamics | Rising food producers' demand for artificial sweeteners |
Steviol Glycoside Market Highlights:
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