North America's Demand for Stevia to Witness a CAGR of 9.8% During the Period from 2017 to 2022

ROCKVILLE, Md., June 1, 2017 /PRNewswire/ -- Increasing demand for natural, low-calorie and healthier sweeteners is driving the stevia market's growth. The market is expected to record a CAGR of 9.8 % during the 2017-2022 period, according to North America Stevia Market - Growth, Trends, and Forecasts (2017- 2022), a report recently released by Mordor Intelligence. To reduce the count of the obese and diabetic population in the region, regulatory bodies have developed new guidelines to introduce stevia in product portfolios. In 2010, approval of US FDA (United States Food and Drug Administration) and attribution of GRAS (Generally Recognized as Safe) status to steviol glycosides with reduced RebA, have profoundly influenced the industry by escalating the demand for stevia.

Global giants, such as Nestle, PepsiCo, Coca-Cola and Kraft have hundreds of new stevia-sweetened products, owing to the increasing demand for natural sweeteners. During the forecast period (2017-2022), the product count is expected to grow by the thousands. Some of these new products in the market include PepsiCo's 'SoBe Life Water,' Coca-Cola's 'Sprite Green' and 'Odwalla' products, and Flowers Foods' 'Wonder SmartWheat' bread. Brands have included stevia in their product development. The same trend is expected to continue during the forecast period.

These and other key insights are featured in North America Stevia Market - Growth, Trends, and Forecasts (2017 - 2022):

By Product Form:

• Powder
• Liquid
• Leaf

By Application:

• Food
• Beverage
• Pharmaceuticals

More information about the report is available at https://www.marketresearch.com/Mordor-Intelligence-LLP-v4018/North-America-Stevia-Growth-Trends-10814481/

About Mordor Intelligence

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SOURCE MarketResearch.com