Stevia is a natural, non-caloric sweetener, that is composed of the Stevia rebaudiana plant, a native of South America.
Owing to its far greater sweetness than sugar and lack of calories or carbohydrates, it is a well-liked substitute for both sugar and artificial sweeteners.
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Stevia’s natural sugars, steviol glycosides, are refined after being taken from the stevia plant’s leaves and give the product its sweet flavour. In order to sweeten food or beverages, only a small amount of stevia is required because it is 200–350 times sweeter than sugar.
The leading stevia-producing countries are Kenya, China, the United States, Paraguay, Vietnam, Brazil, and India.
Key Details About the Stevia Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Stevia price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Stevia price trend, including India Stevia price, USA Stevia price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
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Industrial Uses Impacting Stevia Price Trend:
Soft drinks, energy drinks, sports drinks, and baked goods are just a few of the products that frequently employ stevia as a natural sweetener. Moreover, it is a component of dairy goods like yogurt and ice cream.
In dietary supplements such as protein powders, vitamins, and herbal supplements, it serves as a sweetener.
Other than that, it is utilised in skin care, mouthwash, and other personal care and cosmetic products. It has antimicrobial and anti-inflammatory qualities in addition to being used as a natural sweetener.
Additionally, It is also employed in agriculture as a natural insecticide to manage pests like aphids and whiteflies. To ward off pests and safeguard crops, the extract is sprayed on the plants.
News & Development:
- March 15, 2023: A recent study inculcated that Stevia and monk fruit contain Erythritol, which is an organic compound and is linked with heart diseases and blood clotting.
Key Players:
- Ingredion Incorporated
- PureCircle Limited
- GLG Life Tech Corporation
- Cargill, Incorporated
- Archer Daniels Midland Company
- Tate & Lyle PLC
- Sunwin Stevia International, Inc
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
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