Market Research Report Store Stevia Market estimated at USD 490.1 million in 20

"Stevia Market estimated at USD 490.1 million in 2017 and is projected to grow at a CAGR of 9.5% to reach USD 771.5 million by 2022" published in June 2017. It is a professional and in-depth study. Summary Market Research Report Store announces a new report ＂Stevia Market ＂added to its database.The stevia market is estimated at USD 490.1 million in 2017 and is projected to grow at a CAGR of 9.5% to reach USD 771.5 million by 2022. The market is driven by factors such as rise in per capita consumption of zero calorie beverages and development of innovative stevia products that are cost-effective as well as beneficial for heath. Detailed TOC Of Report @ https://www.marketresearchreportstore.com/ Ask a sample, click here [email protected] FDA approval and attributing GRAS status to steviol glycosides with reduced Reb A acted as a positive influencing factor for the stevia market. In the last five years, leading food safety and regulatory agencies across the world have issued positive safety opinions on and/or allowed the safe use of purified stevia leaf extracts in food & beverages. One of the major restraining factors of the stevia market is the volatility of stevia leaf prices, which depend on seasonal fluctuations and crop yield. Many countries offer a wide range of stevia varieties, which also vary widely in stevia wholesale and retail prices leaving the prices for stevia in different regions unstable. “The tabletop sweeteners segment, by application, is projected to be the fastest-growing in the stevia industry” On the basis of application, the tabletop sweeteners segment is projected to be the fastest-growing, particularly in developing Asian economies with greater demand for sugar replacers. The convenience foods market is driven by significant product innovation, new product introduction, changes in preferences of consumers toward taste & flavor, and rise in demand for premium quality products. “India: The future of the stevia industry” Increase in demand for convenience foods, low calorie beverages, and tabletop sweeteners, coupled with the constantly changing lifestyles has increased the demand for stevia in India and other developing Asian economies. With a rise in disposable income levels and inclination toward western eating habits, several users are willing to spend on new innovative stevia-based products and incorporate sugar substitutes such as stevia in their diets.