Stevia Dessert Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Stevia Dessert Market covers analysis By Type (Chocolate, Candy, Bakery Products); Application (Household, Commercial) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00017882
  • Category : Food and Beverages
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Stevia is a sweetener and sugar substitute driven from the leaves of the Stevia Rebaudiana plant species. It is grown in Japan and China and is being used since the sixteenth century to make tea and sweet beverages. Although now stevia, it is a non-nutritive sweetener and an herbal supplement, containing little or no calories. Due to the fewer calories and enhanced taste, many meals and beverage companies use stevia as a natural sweetener. As a substitute for sugar, stevia has numerous applications in tabletop sweeteners, dairy products, confectionery products, beverages, bakery, and convenience foods. Stevia is extensively used in making desserts because of its ease of use during processing, low cost, and availability. The stevia desserts include various candies, chocolates, and bakery products. Besides, it provides improved texture, color, sweetness, form, flavor, and extended shelf life to the final product.

MARKET DYNAMICS

The rising taste and preference of the consumers toward desserts consumption coupled with the health benefits provided by Stevia products like controlled blood sugar, weight control, pancreatic cancer, blood pressure, and numerous allergies; with no side effect on the human health or body are the key factors driving the global stevia dessert market. The increased research and development in finding new stevia-based products, using advanced technology for stevia extraction, and health benefits provided by stevia, are the opportunities that will drive the stevia dessert market during the forecast period. However, the fluctuation in the stevia leaves' prices, which is the primary raw material for stevia, is restraining the market growth for stevia desserts.

MARKET SCOPE

The "Global Stevia Dessert Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the stevia dessert market with detailed market segmentation by type and application. The global stevia dessert market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading stevia dessert market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global stevia dessert market is segmented into type and application. By type, the stevia dessert market is classified into Chocolate, Candy, Bakery Products. By application, the stevia dessert market is classified into Household, Commercial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global stevia dessert market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The stevia dessert market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the stevia dessert market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the stevia dessert market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global stevia dessert market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The stevia dessert market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the stevia dessert market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the stevia dessert market in these regions.

MARKET PLAYERS

The report covers vital developments in the stevia dessert market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the stevia dessert market are anticipated to lucrative growth opportunities in the future with the rising demand for stevia dessert in the global market. Below mentioned is the list of few companies engaged in the stevia dessert market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the stevia dessert market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

  •   Coco Polo
  •   Sweetal
  •   Barry Callebaut
  •   Now Foods
  •   Ingredion Inc.
  •   Tate & Lyle PLC
  •   SweetLeaf
  •   Zevic
  •   Procarvit
  •   Stevi0ca

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Stevia Dessert Market - By Type
1.3.2 Stevia Dessert Market - By Application
1.3.3 Stevia Dessert Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. STEVIA DESSERT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. STEVIA DESSERT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. STEVIA DESSERT MARKET - GLOBAL MARKET ANALYSIS
6.1. STEVIA DESSERT - GLOBAL MARKET OVERVIEW
6.2. STEVIA DESSERT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. STEVIA DESSERT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CHOCOLATE
7.3.1. Overview
7.3.2. Chocolate Market Forecast and Analysis
7.4. CANDY
7.4.1. Overview
7.4.2. Candy Market Forecast and Analysis
7.5. BAKERY PRODUCTS
7.5.1. Overview
7.5.2. Bakery Products Market Forecast and Analysis
8. STEVIA DESSERT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOUSEHOLD
8.3.1. Overview
8.3.2. Household Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis

9. STEVIA DESSERT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Stevia Dessert Market Overview
9.1.2 North America Stevia Dessert Market Forecasts and Analysis
9.1.3 North America Stevia Dessert Market Forecasts and Analysis - By Type
9.1.4 North America Stevia Dessert Market Forecasts and Analysis - By Application
9.1.5 North America Stevia Dessert Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Stevia Dessert Market
9.1.5.1.1 Canada Stevia Dessert Market by Type
9.1.5.1.2 Canada Stevia Dessert Market by Application
9.1.5.2 Mexico Stevia Dessert Market
9.1.5.2.1 Mexico Stevia Dessert Market by Type
9.1.5.2.2 Mexico Stevia Dessert Market by Application
9.1.5.3 US Stevia Dessert Market
9.1.5.3.1 US Stevia Dessert Market by Type
9.1.5.3.2 US Stevia Dessert Market by Application
9.2. EUROPE
9.2.1 Europe Stevia Dessert Market Overview
9.2.2 Europe Stevia Dessert Market Forecasts and Analysis
9.2.3 Europe Stevia Dessert Market Forecasts and Analysis - By Type
9.2.4 Europe Stevia Dessert Market Forecasts and Analysis - By Application
9.2.5 Europe Stevia Dessert Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Stevia Dessert Market
9.2.5.1.1 Germany Stevia Dessert Market by Type
9.2.5.1.2 Germany Stevia Dessert Market by Application
9.2.5.2 France Stevia Dessert Market
9.2.5.2.1 France Stevia Dessert Market by Type
9.2.5.2.2 France Stevia Dessert Market by Application
9.2.5.3 Italy Stevia Dessert Market
9.2.5.3.1 Italy Stevia Dessert Market by Type
9.2.5.3.2 Italy Stevia Dessert Market by Application
9.2.5.4 United Kingdom Stevia Dessert Market
9.2.5.4.1 United Kingdom Stevia Dessert Market by Type
9.2.5.4.2 United Kingdom Stevia Dessert Market by Application
9.2.5.5 Russia Stevia Dessert Market
9.2.5.5.1 Russia Stevia Dessert Market by Type
9.2.5.5.2 Russia Stevia Dessert Market by Application
9.2.5.6 Rest of Europe Stevia Dessert Market
9.2.5.6.1 Rest of Europe Stevia Dessert Market by Type
9.2.5.6.2 Rest of Europe Stevia Dessert Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Stevia Dessert Market Overview
9.3.2 Asia-Pacific Stevia Dessert Market Forecasts and Analysis
9.3.3 Asia-Pacific Stevia Dessert Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Stevia Dessert Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Stevia Dessert Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Stevia Dessert Market
9.3.5.1.1 Australia Stevia Dessert Market by Type
9.3.5.1.2 Australia Stevia Dessert Market by Application
9.3.5.2 China Stevia Dessert Market
9.3.5.2.1 China Stevia Dessert Market by Type
9.3.5.2.2 China Stevia Dessert Market by Application
9.3.5.3 India Stevia Dessert Market
9.3.5.3.1 India Stevia Dessert Market by Type
9.3.5.3.2 India Stevia Dessert Market by Application
9.3.5.4 Japan Stevia Dessert Market
9.3.5.4.1 Japan Stevia Dessert Market by Type
9.3.5.4.2 Japan Stevia Dessert Market by Application
9.3.5.5 South Korea Stevia Dessert Market
9.3.5.5.1 South Korea Stevia Dessert Market by Type
9.3.5.5.2 South Korea Stevia Dessert Market by Application
9.3.5.6 Rest of Asia-Pacific Stevia Dessert Market
9.3.5.6.1 Rest of Asia-Pacific Stevia Dessert Market by Type
9.3.5.6.2 Rest of Asia-Pacific Stevia Dessert Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Stevia Dessert Market Overview
9.4.2 Middle East and Africa Stevia Dessert Market Forecasts and Analysis
9.4.3 Middle East and Africa Stevia Dessert Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Stevia Dessert Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Stevia Dessert Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Stevia Dessert Market
9.4.5.1.1 South Africa Stevia Dessert Market by Type
9.4.5.1.2 South Africa Stevia Dessert Market by Application
9.4.5.2 Saudi Arabia Stevia Dessert Market
9.4.5.2.1 Saudi Arabia Stevia Dessert Market by Type
9.4.5.2.2 Saudi Arabia Stevia Dessert Market by Application
9.4.5.3 U.A.E Stevia Dessert Market
9.4.5.3.1 U.A.E Stevia Dessert Market by Type
9.4.5.3.2 U.A.E Stevia Dessert Market by Application
9.4.5.4 Rest of Middle East and Africa Stevia Dessert Market
9.4.5.4.1 Rest of Middle East and Africa Stevia Dessert Market by Type
9.4.5.4.2 Rest of Middle East and Africa Stevia Dessert Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Stevia Dessert Market Overview
9.5.2 South and Central America Stevia Dessert Market Forecasts and Analysis
9.5.3 South and Central America Stevia Dessert Market Forecasts and Analysis - By Type
9.5.4 South and Central America Stevia Dessert Market Forecasts and Analysis - By Application
9.5.5 South and Central America Stevia Dessert Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Stevia Dessert Market
9.5.5.1.1 Brazil Stevia Dessert Market by Type
9.5.5.1.2 Brazil Stevia Dessert Market by Application
9.5.5.2 Argentina Stevia Dessert Market
9.5.5.2.1 Argentina Stevia Dessert Market by Type
9.5.5.2.2 Argentina Stevia Dessert Market by Application
9.5.5.3 Rest of South and Central America Stevia Dessert Market
9.5.5.3.1 Rest of South and Central America Stevia Dessert Market by Type
9.5.5.3.2 Rest of South and Central America Stevia Dessert Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. STEVIA DESSERT MARKET, KEY COMPANY PROFILES
11.1. BARRY CALLEBAUT
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. COCO POLO
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INGREDION INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. NOW FOODS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PROCARVIT
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. STEVI0CAL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SWEETAL
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SWEETLEAF
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TATE AND LYLE PLC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZEVIC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Barry Callebaut
2. Coco Polo
3. Ingredion Inc.
4. Now Foods
5. Procarvit
6. Stevi0cal
7. Sweetal
8. SweetLeaf
9. Tate and Lyle PLC
10. Zevic

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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