China is the largest supplier of stevia sweetener worldwide, but the consumption in the domestic market is small—only about 20.0% of the total output is consumed in China. However, the consumption grew stably with a CAGR of 4.9% during 2010–2012. The dropping price of stevia seriously dampened farmers’ enthusiasm for stevia planting. For example, the planting area of stevia decreased by about 73.0% during 2010–2012, so was the output and consumption in China. It’s estimated that the planting area and output of stevia in China will go on decrease in 2013.
At present, stevia sweetener is mainly applied in the food and beverage industry, pharmaceutical industry and daily industry in China. In the future, the output of stevia sweetener is predicted to recover and grow thanks to the increasing demand from downstream industries and the reducing stock in previous years. Eyeing on the tremendous demand in the future, domestic stevia sweetener producers have expanded their production lines in succession and new manufacturers have entered the market continuously.
In order to figure out the current situation of stevia industry and its related industries in China, CCM carried out in-depth investigations through diverse channels, such as cooperation with governments, experts, third parties and others. Market Research of Stevia Industry in China explains the distribution of stevia planting in China, the current planting cost of stevia, the future development trend of stevia planting and application fields that might be promising in the future. If you want to know more details, please contact us.
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