North America Stevia Market By Extract Type (Whole Leaf, Powdered, Liquid), By Application (Dairy, Bakery & Confectionery, Table Top Sweeteners, Beverages, Convenience Foods), By Form (Dry, Liquid), And By Region - North America Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

North America Stevia Market By Extract Type (Whole Leaf, Powdered, Liquid), By Application (Dairy, Bakery & Confectionery, Table Top Sweeteners, Beverages, Convenience Foods), By Form (Dry, Liquid), And By Region - North America Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 8218 | Pages: 145 | October 2018 | Region: North America


North America Stevia Market was worth USD 160.38 million in 2018 and estimated to be growing at a CAGR of 9.1%, to reach USD 247.89 million by 2023. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the nutrition industry.

Stevia has an important place in sweeteners segment due to its advantages like low-calorie and high protein. Stevia has its special flavour and sweetness which is about 200 to 350 times more than normal sugar. Several food & beverage companies use stevia to enhance the taste of products without adding calories. Thus, stevia will be seen as a business opportunity in the coming five years. Also, many multinational companies have started venturing into the production of various types of stevia.

The North America Stevia market is majorly driven by the growth in awareness of health benefits of stevia and providing profitable margins to distributors. Also, rising product visibility in retail as well as product availability is expected to improve the demand for stevia-based products amongst the consumers across the globe. Stevia creation being a complex method, procuring raw material to getting the final product is a major problem for companies in this market.

The North America Stevia Market  is segmented based on Extract Type into Whole Leaf, and Powdered, Liquid. Based on Application, the market is segmented into Dairy, Bakery & Confectionery, Table top Sweeteners, Beverages, and Convenience Foods. Based on Form, the market is segmented into Dry, and Liquid.

On the basis of geography, the North America market is analysed under various regions namely U.S.A and Canada. The region consists of developed countries and the increasing trend for healthy food is going to drive the market significantly.

Some of the major companies dominating the market, by their products are Nestlé S.A., The Coca-Cola Company and PepsiCo Inc., Cargill Inc., Evolva Holding S.A., PureCircle Ltd., Stevia Corp., Ingredion Inc., GLG Life Tech Corp. and Tate & Lyle Plc.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Extract Type                               

                                5.1.1 Introduction           

                                5.1.2 Whole Leaf             

                                5.1.3 Powdered               

                                5.1.4 Liquid        

                                5.1.5  Y-o-Y Growth Analysis, By Extract Type     

                                5.1.6  Market Attractiveness Analysis, By Extract Type   

                                5.1.7  Market Share Analysis, By Extract Type     

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Dairy          

                                5.2.3 Bakery & Confectionery    

                                5.2.4 Tabletop Sweeteners         

                                5.2.5 Beverages               

                                5.2.6 Convenience Foods            

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

                5.3 Form                             

                                5.3.1 Introduction           

                                5.3.2 Dry             

                                5.3.3 Liquid        

                                5.3.4  Y-o-Y Growth Analysis, By Form    

                                5.3.5  Market Attractiveness Analysis, By Form 

                                5.3.6  Market Share Analysis, By Form   

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Extract Type

                                                6.1.3.3 By Application

                                                6.1.3.4 By Form

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Extract Type

                                                6.1.4.3 By Application

                                                6.1.4.4 By Form

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Extract Type

                                                6.1.5.3 By Form

                                                6.1.5.4 By Application

                6.2 United States                            

                6.3 Canada                         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Nestlé S.A                   

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Coca-Cola Company                

                8.3 Cargill Inc.                    

                8.4 Evolva Holding S.A                   

                8.5 PureCircle Ltd.                           

                8.6 Stevia Corp.                

                8.7 Ingredion Inc                             

                8.8 GLG Life Tech Corp.                

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. North America Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  2. North America Whole leaf Market By Region, From 2018-2023 ( USD Million )
  3. North America Powdered Market By Region, From 2018-2023 ( USD Million )
  4. North America Liquid Market By Region, From 2018-2023 ( USD Million )
  5. North America Stevia Market By Application, From 2018-2023 ( USD Million )
  6. North America Dairy Market By Region, From 2018-2023 ( USD Million )
  7. North America Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  8. North America Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  9. North America Beverages Market By Region, From 2018-2023 ( USD Million )
  10. North America Convenience foods Market By Region, From 2018-2023 ( USD Million )
  11. North America Others Market By Region, From 2018-2023 ( USD Million )
  12. North America Stevia Market By Form, From 2018-2023 ( USD Million )
  13. North America Dry Market By Region, From 2018-2023 ( USD Million )
  14. North America Liquid Market By Region, From 2018-2023 ( USD Million )
  15. United States Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  16. United States Stevia Market By Application, From 2018-2023 ( USD Million )
  17. United States Stevia Market By Form, From 2018-2023 ( USD Million )
  18. Canada Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  19. Canada Stevia Market By Application, From 2018-2023 ( USD Million )
  20. Canada Stevia Market By Form, From 2018-2023 ( USD Million )
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  1. North America Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  2. North America Whole leaf Market By Region, From 2018-2023 ( USD Million )
  3. North America Powdered Market By Region, From 2018-2023 ( USD Million )
  4. North America Liquid Market By Region, From 2018-2023 ( USD Million )
  5. North America Stevia Market By Application, From 2018-2023 ( USD Million )
  6. North America Dairy Market By Region, From 2018-2023 ( USD Million )
  7. North America Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  8. North America Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  9. North America Beverages Market By Region, From 2018-2023 ( USD Million )
  10. North America Convenience foods Market By Region, From 2018-2023 ( USD Million )
  11. North America Others Market By Region, From 2018-2023 ( USD Million )
  12. North America Stevia Market By Form, From 2018-2023 ( USD Million )
  13. North America Dry Market By Region, From 2018-2023 ( USD Million )
  14. North America Liquid Market By Region, From 2018-2023 ( USD Million )
  15. United States Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  16. United States Stevia Market By Application, From 2018-2023 ( USD Million )
  17. United States Stevia Market By Form, From 2018-2023 ( USD Million )
  18. Canada Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  19. Canada Stevia Market By Application, From 2018-2023 ( USD Million )
  20. Canada Stevia Market By Form, From 2018-2023 ( USD Million )
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