Stevia Market Projected to Grow at a CAGR of 9% To 2019-2024
The global stevia market has experienced healthy growth in recent years, on account of growing awareness, thriving food and beverage industry along with the rising health consciousness among consumers. As per the latest report by IMARC Group, titled “ Stevia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the global stevia market reached a value of more than US$ 490 Million in 2018. Stevia is a natural and non-nutritive sweetener which is extracted from the leaves of the Stevia Rebaudiana plant. Its leaves comprise eight steviol glycosides, namely, stevioside, dulcoside A, steviolbioside, and rebaudioside A, C, D, E, and F, that assist in providing 200-300 times more concentrated sweetness than table sugar. Some of the health benefits offered by regular stevia consumption include controlling diabetes, aiding weight loss, building stronger bones, lowering blood pressure and protecting oral health. As a result, it is used in the food...