Stevia Price History and Forecast Analysis | Procurement Resource
Stevia, extracted from the Stevia rebaudiana plant native to South America, is a natural sweetener without calories. Its exceptional sweetness, derived from steviol glycosides, makes it a popular alternative to sugar and artificial sweeteners.
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After refining these natural sugars from the plant’s leaves, stevia brings its distinct sweetness to various products. Remarkably, it’s 200–350 times sweeter than sugar, requiring only a tiny amount to sweeten food or drinks.
The top producers of stevia include 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 prices, 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.
Industrial Uses Impacting Stevia Price Trend:
Stevia, a natural sweetener, finds its way into a variety of products, including soft drinks, energy drinks, sports drinks, and baked goods. Its sweetness isn’t limited to these; it’s also present in dairy items like yogurt and ice cream.
Beyond edibles, stevia is a common sweetening agent in dietary supplements such as protein powders, vitamins, and herbal supplements.
It’s not just about taste – stevia plays a role in personal care too. You’ll find it in skincare products, mouthwash, and various cosmetics, where its antimicrobial and anti-inflammatory properties shine alongside its sweetening capabilities.
This versatile extract isn’t confined to the kitchen or bathroom; it’s used in agriculture as a natural insecticide. To protect crops from pests like aphids and whiteflies, farmers spray the extract on plants, ensuring both sweetness and safety for the harvest.
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.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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