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As the World Goes Nuts about Nuts, Edible Nuts Market to Surpass USD 191.3 Billion by 2033 Nowadays With CAGR of 7.9%, consumers worldwide are considering nutrient-rich and healthy foods for maintaining fitness and preventing diseases. As a result, edible nuts have become popular due to their high content of antioxidants, proteins and multiple essential vitamins. The popularity of whole nuts is particularly soaring for their applications across businesses specializing in baked products, confectionery, and desserts.

Consumers who regularly visit gyms for body building and general fitness purposes are increasingly turning to nuts. In recent years, several establishments in the food service sector have also added nuts to their respective menus to cater to the significant demand for nut-based preparations from such consumers.

Lately, global digital transformation has facilitated quick expansion of a wide range of industries in the worldwide market. With the escalating use of the internet among customers, multiple companies in the market for edible nuts are choosing to promote and sell products via online sales channels. Consumers are also increasingly preferring to buy edible nuts online due to convenience. This is providing manufacturers with further encouragement to cement their positions across several online sales channels. Food service platforms and specialty stores are also likely to contribute to driving edible nut sales between 2023 and 2033.

Key Takeaways from the Edible Nuts Market Study

• According to Future Market Insights (FMI), the global market for edible nuts is likely to register a US$ 89.7 billion in 2023.
• From 2023 to 2033, the global market for edible nuts is anticipated to record acceleration at a robust 7.9% CAGR.
• In 2033, the global market for edible nuts is slated to be valued at US$ 191.3 billion.
• In North America, the United States is poised to emerge as the biggest contributor to the expansion of the regional market.
• In Europe, Germany market for edible nuts is projected to perform well owing to its status as a leading importer of cashew nuts.
• In Asia Pacific, India is likely to outperform other markets owing to the cultural importance of nut consumption in the country.

“Owing to rising internet penetration worldwide, it is likely that more consumers will get to know about the health benefits of edible nuts. As a result, thousands of consumers are expected to start incorporating nuts into their daily diets from 2023 to 2033.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Who is winning?

Several top manufacturers of edible nuts are focused on offering edible nuts at affordable prices. Different companies are leveraging integrated production approaches to ensure the availability of cost-effective edible nuts products. The ultimate objective of leading players is to expand their production capacities and establishing themselves as forces to be reckoned with.

• Archer Daniels Midland Company
• Diamond Foods, Inc.
• Olam International Ltd
• Blue Diamond Growers
• Mariani Nut Company
• Select Harvests Limited
• Durak Findik
• Grower Direct Nut Co. Ltd
• Sun-Maid Growers of California
• Hines Nut Company
• John B. Sanfilippo & Son
• Borges Agricultural & Industrial Nuts
• The Wonderful Company LLC
• Germack Pistachio Company
• Nichols Farms
• Setton Pistachio of Terra Bella Inc.

Browse full Report: https://www.futuremarketinsights.com/reports/edible-nuts-market

Edible Nuts Market by Category

By Product Type:

• Cashews
• Almonds
• Pistachios
• Peanuts
• Chestnuts

By Nature:

• Organic
• Conventional

By Form:

• Whole
  • Plain
  • Roasted
  • Salted
• Powder
• Splits

By End-Use:

• Food service industry
• Household

By Distribution Channel:

• Store-Based Retailing
• Hypermarkets /Supermarket
• Convenience Stores
• Specialty Stores
• Online Retail

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

To enhance the overall texture of various kinds of desserts and food, cassia gum is required widely in the food and beverage sector. In light of this demand, the cassia gum market is valuation will reach USD 33.2 billion by 2034, garnering a 7.60% CAGR from 2024 to 2034.

Organic and plant-based products are the reason for the continued growth of cassia gum as one of the fastest growing markets. Health-conscious consumers are increasingly looking for natural substitutes to fill the place for artificial and chemical additives. This arises from their transparent dietary needs.

This cassia gum is a perfect solution made of the seeds of the cassia tree. It provides a “clean-label” solution used for thickening, stabilizing, and gelling applications, which tends to keep food manufacturers’ products close to their target markets around the globe.

Companies that use cassia gums in the food and beverage industry have an edge in plant-based and vegan goods as the market demands these goods grow. Companies may create a variety of food and beverages for vegetarians, including sweet treats, dairy alternatives, and meat substitutes, by adding cassia to the creation of their products.

Besides being naturally a thickening and stabilizing factor, cassia gum provides an extremely appealing alternative to animal refinements, usually slime or gelatin. With this, providers gain a growing market group of environmentally conscious shoppers who are health sensitive and product and treatment of animals while looking for cruelty-free products.

Report Scope:

Key Takeaways from the Market Analysis

• In 2019, the demand for cassia gum garnered US$ 11.32 billion
• The cassia gum market acquired a 5.60% CAGR during the historical period.
• The cassia gum industry in Germany will garner a 4.60% CAGR over the forecast period.
• These gums’ food and beverage applications will likely acquire a 39.8% market share in 2024.

“In the food and beverage industry, startups can benefit from cassia gum’s natural and clean-label qualities. Startups may attract health-conscious customers looking for clean ingredient lists by emphasizing their plant-based origin and lack of artificial chemicals,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.). 

Competitive Landscape

Significant players in the food and beverage industry use Cassia gum effectively to investigate its potential as a natural stabilizing, thickening, and gelling agent. New formulations are being developed to increase mouthfeel, texture, and shelf life in various food products, including dairy, baked goods, and meat applications.

By adopting cassia gum as a natural substitute for artificial additives, these companies also concentrate on meeting customer demands for clean-label ingredients and appealing to consumers concerned about their health.

Cassia gum startups are using agility and precise knowledge to outperform the competition. They highlight innovative uses, such as cassia gum as a natural binder in the pet food sector. Startups also use ethical sourcing and sustainability to differentiate themselves from the competition.

By highlighting these features, they draw in customers who care about the environment. Lean operations and flexible manufacturing processes are frequently adopted by startups, which enables them to adjust to market demands and provide competitive pricing swiftly.

Key Development

Gain full access to the Cassia Gum Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the cassia gum market, providing historical data for 2019 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the cassia gum market, the market is segmented based on application (food and beverages, animal food, dog food, cat food, animal feed, dairy and confectionary products, meat products, instant mix, manufacturing segment, cosmetics, pharmaceuticals, paper industry, textile industry, chemical processing, others), and region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East & Africa).

About the Food and Beverage Domain at Future Market Insights

The food and beverage domain at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 billion+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to Future Market Insights, Inc. (FMI), the global forage seeds market is likely to be valued at US$ 12,132.9 million in 2023 and is anticipated to reach US$ 30,996.9 million by 2033. Overall forage sales are poised to surge at a CAGR of 9.8% from 2023 to 2033.

Rising demand for meat and poultry products across the world is a prominent factor expected to drive the global forage seeds market swiftly during the projection period.

In recent years, forage crops have gained immense traction, especially across cattle and poultry sectors. They are being grown specifically for grazing by livestock or making animal feeds. These crops provide the bedrock for sustainable agriculture.

Increasing consumption of meat products worldwide coupled with growing preferences towards natural and organic animal feeds is expected to generate high demand for forage seeds during the forecast period.

According to the Institute of Food Technologists (IFT), a new study has found that global meat consumption will surge by 1.4% per year through 2023. This in turn will positively influence forage seeds market.

Rising demand for organic products due to growing health consciousness among consumers is another key factor impacting the forage seeds industry. To meet consumer needs, forage seed-producing companies are trying to offer high-quality, organic forage seeds at lower costs for animal consumption.

Subsequently, the preference for organic beef and livestock products, which have no antibiotics, and no growth-promoting hormones are increasing the demand for organic products. Regular red beef consumption can cause diseases such as cancer, cholesterol strokes, and heart disease. Owing to these factors, the leading forage product companies are also focusing on organic products such as beet pulp or hay for feeding livestock.

The introduction of new government regulations is also prompting manufacturers to choose forage seeds. The U.S. Food and Drug Administration modified its regulation to reduce the use of antibiotics used for growth enhancement.

Similarly, the use of antibiotics is banned in Europe, and this has created immense growth for other organic forage products and related products. Owing to this, more product differentiation through innovation is required to create market growth and increase the profitability of companies.

Nowadays, certification programs are widely utilized as the norm for seed quality control. The necessity to certify the identity of these varieties for buyers by conducting field inspections of the seed crop arose in the middle of the 20th century as a result of the growing number of varieties resulting from plant breeding initiatives.

These programs were frequently voluntary and created by manufacturers who intended to improve the reputation of their seeds in the marketplace. This was done in several nations, with the Crop Improvement Associations in the USA serving as a good example. Manufacturers who have the certification have a competitive advantage over the other manufacturers.

Key Takeaways from the Report:

• Global forage seed sales are slated to surge at a CAGR of 9.8% during the forecast period.
• In terms of product type, the alfalfa segment is expected to register a CAGR of 7.2% from 2023 to 2033
• Based on livestock type, the cattle segment holds a prominent share of the global forage seeds market and is projected to expand at a CAGR of 7.0% during the forecast period
• The United States forage seeds market is forecast to reach a valuation of US$ 3,251.6 million by 2023.
• Germany forage seeds market is anticipated to expand at 9.5% CAGR throughout the forecast period.
• Forage seed demand in India is slated to rise at 8.1% CAGR between 2023 and 2033.

“Growing focus towards increasing meat production to meet the global demand will have a profound influence on forage seeds market during the projection period. Besides this, rising prevalence of deficiency diseases in livestock and high demand for natural animal feeds will boost forage seed sales,” says a lead analyst at Future Market Insights.

Who is Winning?

Leading forage seeds market companies profiled in the report include Allied Seed, LLC; BASF SE, Dow Agro Sciences LLC, S & W Seed Company, Germinal GB, Hancock Farm & Seed Co. Inc., Central Garden & Pet Company, Northstar Seed Ltd, Heritage Seed Company.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the forage seeds market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study provides compelling insights into the forage seeds market based on product type (alfalfa, clover, ryegrass, chicory) and livestock type (poultry, cattle, pork/swine) across several regions.

Browse full Report: https://www.futuremarketinsights.com/reports/global-forage-seed-market

Given Below are the Forage Seeds Market Segments

By Product Type:

• Alfalfa
• Clover
• Ryegrass
• Chicory
• Others

By Livestock Type:

• Poultry
• Cattle
• Pork/Swine
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The food preservatives market refers to the industry involved in the production and distribution of substances used to prevent food spoilage and extend its shelf life. Food preservatives are added to various food products to inhibit the growth of bacteria, yeast, and molds, thereby maintaining their freshness, quality, and safety.

The market for food preservatives has witnessed significant growth over the years due to several factors. Firstly, with the increasing global population and changing consumer lifestyles, there is a rising demand for convenient and ready-to-eat food products. Food preservatives play a crucial role in ensuring that these products remain safe and edible for longer durations.

Additionally, the expansion of the processed food industry and the growth of e-commerce platforms have further fueled the demand for food preservatives. These preservatives help in preserving the texture, flavor, and nutritional value of processed foods, which often undergo extended storage periods and long-distance transportation.

The global food preservatives market is predicted to register a CAGR of 6.8% over the forecast period, as per FMI’s analysis. The industry’s market valuation is anticipated to increase from USD 2,965.62 million in 2023 to USD 5,725.70 million by 2033 end.

As the clean label movement is in full vigor, consumer curiosity and awareness about food ingredients have heightened. As a result, key manufacturers of food preservatives in the market are adopting a natural approach to keep food fresh for long periods. The continuous use of food preservatives in food production is a primary factor, which is positively influencing the market growth. Numerous benefits of food preservation are motivating market expansion.

Food preservation minimizes food wastage owing to less food spoilage, and warrants food safety via antimicrobial protection. The technique helps extend shelf-life while maintaining fresh taste and quality. Many companies in the market are offering an array of clean-label preservation solutions to provide significant advantages to customers. For instance, Kerry Group plc offers UpGrade, DuraFresh, and Accel.

With the incorporation of clean-label preservatives, food manufacturers can differentiate their products, claim to have used no artificial preservatives, and overcome shelf-life obstacles. The market is teeming with new opportunities to expand as new-age customers are seeking natural ingredients in their meals, and less processed, natural foods.

Key Highlights:          

• The United States is projected to lead the market arena over the forecast period. As consumers are avoiding traditional preservatives like nitrate and sodium nitrite, the scope of clean-label food preservatives is expanding in the country.
• China is projected to be a significant player in the Asia-Pacific food preservatives market. The surging applications of food preservatives in meat, bakery and customized solutions are projected to augment the market growth.
• The growth of the food preservatives industry in India is characterized by the increasing demand for clean-label preservation ingredients to replace traditional lactates, traditional sodium nitrite salts, and diacetates in meat.
• Synthetic preservatives hold a large share of the market. However, natural preservatives are exhibiting increasing demand due to their acceptance by regulatory agencies for processing purposes.

Latest Market Developments:

• In November 2022, Kemin Industries, Inc. developed a nitrite substitute to be used in the first phase of emulsified cooked sausages. The label-friendly ingredient, Rubinite GC Dry, offers food safety and is available in Europe, the Middle East, and Africa region for food producers.
• In April 2022, Kemin Industries, Inc. announced that it is researching how different ingredients have antimicrobial activity, which can attain a clean label, and maintain the freshness and safety of the product. With this research, the company aims to analyze the way certain ingredients impact the shelf life and pH of sauces and dressings.
• In August 2021, Conagen, Inc. presented a new product in the market, i.e., ‘p-Coumaric Acid’ (PCA). This product is a clean-label and natural preservative that is developed by fermentation.
• In July 2021, DSM declared that it is extending its portfolio of Dairy Safe cheese biopreservation, by selecting new phage-robust culture rotations.

In-Depth Market Analysis: A Complete Report

Key Market Segmentation

By Label:

• Clean Label
• Conventional

By Type:

• Synthetic
• Natural

By Function:

• Antioxidants
• Antimicrobial
• Others

By Application:

• Meat & Poultry Products
• Bakery Products
• Dairy Products
• Beverages
• Snacks
• Others

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The gin market refers to the global industry involved in the production, distribution, and consumption of gin, a distilled spirit that is primarily flavored with juniper berries and other botanicals. Gin has a rich history that dates back centuries, and it has experienced a resurgence in popularity in recent years.

Several factors have contributed to the growth of the gin market. One key factor is the rise of craft distilleries and the artisanal spirits movement, which has led to the creation of unique and high-quality gins. Consumers are increasingly interested in exploring new flavors and supporting small-scale producers, which has boosted the demand for craft gins.

The gin market is projected to grow at a modest CAGR of 3.5% during the forecast period. The global market value is expected to increase from USD 22,195.0 million in 2023 to USD 31,996.0 million by 2033.

The market growth is propelled by critical factors such as an increase in demand for high-quality alcoholic beverages, and the steadily expanding e-commerce market, facilitating the purchase of gin.

In the broader context, the global rise in consumption of alcohol is on the rise. The market is witnessing innovations through research and development activities to improve the distillation processes. This has led to a steady increase in the number of global distilleries

Analyzing socioeconomic factors, there has been a steady improvement in the standard of living and disposable income across developing regions. This has propelled recent changes in consumer preferences for “quality over quantity”.

Mass-scale migration to urban areas has diversified consumer choices. The market is also bolstered by increasing consumption and acceptability of alcoholic beverages amongst Millenials

In recent times there has been a wide application of gin in creating premium cocktails. Globalization has led to popular acceptance of gin as a popular alcoholic beverage, beyond North America and Europe.

Key Takeaways from the Study:

• The U.K. dry gin is expected to dominate the product type segment, by recording a CAGR of 4% during the forecast period
• Gin market growth in North America is to be impeded due to stringent regulations
• Japan’s gin market expected to register a CAGR of 1.9% during the forecast period
• Asia Pacific emerges as a lucrative market due to changing consumer preferences, urbanization, and a rise in per capita disposable income
• Germany dominates the European market with a CAGR of 2.6%
• Canada is projected to record a CAGR of 2.9%

Competitive Landscape

Key players are continuously striving to bring about innovations in the market:

William Grant & Sons launched Hendrick’s Neptunia Gin, featuring a unique medley of  Scottish coastal botanicals. Bombay Sapphire, owned by Bacardi launched a lemon-flavored gin called Citron Presse gin, made with Mediterranean lemons. Recently, Diageo India invested in Nao Spirits, which is famous for producing high-end Indian handmade gins called “Greater Than” and “Hapusa”. This is expected to bolster the premium gins market in India

Pernod Ricard S.A. has launched several ready-to-drink (RTD) drinks in the U.K. These include innovative variants such as Beefeater London Dry Gin & Tonic, Beefeater Blood Orange & Tonic, and Beefeater Pink Strawberry Gin & Tonic.

Key Players:

• Bacardi Limited,
• Diageo plc
• Davide Campari-Milano N.V.
• La Hanoudiere
• Lucas Bols N.V.
• Mygin, Pernod Ricard,
• Radico Khaitan Ltd.
• Rémy Cointreau
• San Miguel Corporation
• The East India Company Ltd.
• William Grant & Sons Ltd.

Recent Market Developments:

• In an endeavor to tap into difficult markets, Sofitel Mumbai BKC launched an exclusive gin bar, named Jyran Gin Bar in India.
• Porter’s Gin recently announced that it shall feature a new branding and logo developed by design agency Stranger & Stranger in all its product variants.
• Recently, online alcohol giant Amazon acquired permission to conduct the online sale of alcohol in India

Browse full Report: https://www.futuremarketinsights.com/reports/gin-market

Key Segments: Overview

By Product Type:

• London Dry Gin
• Plymouth Gin
• Genever/Dutch Gin
• Old Tim Gin
• New American Gin

By Price:

• Standard
• Premium
• Luxury

By Distribution Channel:

• Hypermarkets and Supermarkets
• Specialty Stores
• Drug Stores
• Online Channel
• Others

By Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global stevia market is on a promising growth trajectory, anticipated to surge from USD 405.6 million in 2024 to USD 739.4 million by 2034, with a projected CAGR of 6.2%.

Stevia’s market is developing due to rising demand for calorie-free, natural sweeteners. Given the growing concern about sugar’s potential negative health impacts, stevia’s plant-based origin and zero-calorie qualities have gained favour. The acceptance of healthy options in the food and beverage industry, which promotes innovation and product variety, is propelling market expansion.

Stevia powder extract’s long shelf life and convenient shipment impact expansion plans even now. The market share of powder extract, which also includes stevia blends and glycosides, is predicted to be approximately 90% in 2021, thus, companies are focusing their efforts exclusively on this sector.

Although conventional stevia continues to hold a sizable market share, demand for organic varieties will skyrocket in the next years. Growing consumer preference for healthier products and rising health awareness drive the organic stevia market’s expansion.

Dairy products, baked goods, dietary supplements, drinks, packed meals, confections, snacks, tabletop sweeteners, and other goods (including electrolyte powder and pharmaceutical formulations) frequently contain stevia. The extensive use of beverages contributes significantly to the makers’ earnings.

WHO & Government Support for the Use of Stevia in the Food & Beverages Industry Boosting the Market Growth

One of the main factors driving the expansion of the stevia market is assistance from health organizations and governments. The food and beverage business manufacturers must utilize the proper ingredients to win the consumers’ trust because they now determine a product’s safety by checking for certifications and government clearance.

Stevia has received approval from various regulatory bodies to be used as a natural sweetener in several end-use applications, offering significant impetus to the market growth.

Key Companies Profiled:

• Cargill Incorporated
• Ingredion Incorporated
• Koninklijke DSM NV
• Tate and Lyle Plc.
• Sunwin Stevia International, Inc.
• GLG Life Tech Corp
• Evolva Holding SA Nemours & Co
• Archer Daniels Midland Company
• Stevia Nutra Corp.

Manufacturers Emphasize Building Consumer Trust through Transparency in Production

New technologies have provided consumers the accessibility to smart labels, through which they can track the journey of the products. Consumers are asking food companies to increase the transparency of their products, going beyond free-from status, ingredients, and nutritional levels.

Buyers are demanding to understand the background of the products – from where and how the ingredients were sourced to the manufacturing of the end product. Trust and transparency have become major challenges in the food and beverages industry, as governments don’t lay down any strict regulations and guidelines regarding clean labeling.

Companies have started using clean labeling as a catchword for promotional and marketing purposes and have taken advantage of this to sell their products as clean label products. Manufacturers need to adopt cleaner practices to sell their clean-label food products without alienating consumers’ trust.

This study by FMI offers insights into the stevia market for the forecast period of 2022-2032. The stevia market is projected to record a CAGR of ~ 7.2% during the predefined timeframe.

Browse full Report: https://www.futuremarketinsights.com/reports/global-stevia-market

Global Stevia Market by Category:

By Nature, Global Stevia Market is segmented as:

• Organic Stevia
• Conventional Stevia

By Type, Global Stevia Market is segmented as:

• Liquid Extract
  • Clear
  • Dark
• Powder Extract
  • Stevia Blends
  • Glycoside (40%-79%)
  • Glycoside (80% and above)
• Stevia Leaves

By Application, Global Stevia Market is segmented as:

• Dairy Food Products
• Bakery Products
• Beverages
• Packaged Food Products
• Dietary Supplements
• Confectionery Products
• Snacks
• Table Top Sweeteners
• Others (Electrolyte Mixes and Medicinal Formulations)

By Region, Global Stevia Market is segmented as:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube