Next Generation Stevia Market – Scope and Opportunities Analysis 2021 – 2031 | Cargill Incorporated, PureCircle,  GLG Life Tech Corporation

Growing number of health-conscious consumers across the globe today are demanding for food products offering natural sweetness with reduced calorie content. Sweeteners are added to number of food products including, beverages, bakery, desserts, confectionary, sports nutrition and others thus resulting in their increasing consumption. Next generation stevia is produced from the fermentation process rather than extraction.

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Several genetic innovation studies have identified Reb D and Reb M glycosides as chemical compounds present in stevia leaf that are responsible of giving the plant its sweetness. Reb M also delivers superior flavor profile in comparison to other steviol glycosides present in stevia leaf, thus contributing toward the global next generation stevia market growth. These glycosides are the sweetest component of the plant and are used in several application areas. The global next generation stevia market is expected to witness significant increase in the near future owing to its better sweetness and aftertaste.

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Global Next Generation Stevia: Market Segmentation

On the basis of form, the global next generation stevia market has been segmented as

• Liquid
• Powder

On the basis of application, the global next generation stevia market has been segmented as –

• Bakery
• Confectionery
• Cereal Based Products
• Dairy Products
• Beverages
  • Carbonated Beverages
  • Juices
  • Others
• Nutraceuticals/ Pharmaceuticals
• Others

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Global Next Generation Stevia Market: Key Players

Some of the key players operating in the global next generation stevia market are Cargill, Incorporated, PureCircle,  GLG Life Tech Corporation, Ingredion Incorporated, SweeGen among others.

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