Allied Market Research - Seite 2

$876.5 million

CAGR 

4.8 %

No. of Pages in Report 

288

Segments Covered 

Form, Application, Source, End- Use, And Region.

Drivers 

Demand For Natural Ingredients

Increasing Health Awareness

Rising Diabetic Population

Opportunities 

Health And Wellness Trends

Product Diversification

Restraints 

Taste Perception

Segment Highlights 

The demand for powder extracts is driven by several factors. Powder extracts offer convenience and versatility in various applications, including beverages, confectionery, and baked goods, making them highly sought-after by manufacturers. The powdered form allows for easy blending and incorporation into different product formulations, enhancing its appeal to food and beverage producers. Moreover, powder extracts typically have a longer shelf life compared to liquid or granulated forms, offering better storage stability, and reducing the risk of spoilage. This extended shelf life makes powder extracts a preferred choice for manufacturers looking to maintain product quality and integrity over time. 

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The demand for bakery & confectionery in stevia market is influenced by multiple factors. Firstly, there is a growing consumer demand for healthier alternatives in baked goods and confectionery products, driven by concerns over obesity and diabetes. Stevia, as a natural, low-calorie sweetener, aligns perfectly with this trend, offering manufacturers the opportunity to create indulgent treats with reduced sugar content.  Moreover, stevia's stability under high temperatures makes it well-suited for use in baking applications, where maintaining sweetness and flavor integrity is crucial. Its ability to replace sugar without compromising taste or texture further enhances its appeal to bakery and confectionery producers.