The latest report titled “Stevia Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Stevia.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Stevia production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Stevia Production Process:
1. Stevia Production Cost From water extraction process: This report presents the detailed production methodology and cost analysis of Stevia industrial production across Stevia manufacturing plants. In the water extraction process, the leaves of Stevia rebaudiana plant in a dried state are first immersed in hot water and then the glycosides present in them are extracted. The extract is then crystallized and filtered.
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Product Definition:
A South American native plant with the scientific name Stevia rebaudiana, is widely cultivated for its naturally sweetening characteristics. It is a member of the Asteraceae family and is most famous for its exceptionally sweet flavoring leaves. Its main characteristic is its substantial concentration of sweet-tasting substances known as steviol glycosides. The sweetness of certain glycosides, such as stevioside and rebaudioside, is hundreds of times greater than that of sugar yet contains little to no calories. Because of this, stevia is a desirable substitute for sugar and artificial sweeteners in a variety of situations. Natural sweeteners like stevia are frequently used in food and beverages, such as soft drinks, baked products, and tabletop sweeteners. It delivers sweetness without adding calories, making it advantageous for people trying to limit their intake of sugar or calories.
Market Drivers:
The natural sweetener stevia is widely utilized in the food and beverage sector. It is used to make a variety of foods, including soft drinks, juices, sweets, confections, and baked goods. It is a popular option for low-calorie and sugar-free formulations because it gives sweetness without the extra calories of sugar. As a natural sweetener, stevia extracts, frequently in the form of liquid or powder, are utilized in nutritional supplements and health goods. It makes it possible to produce supplements with less sugar and can improve the flavor of dietary and nutritional items. Other dental care products, such as mouthwash and toothpaste, are also made with stevia. The potential use of its extracts in pharmaceutical processes, such as the creation of medications and oral suspensions, is currently being researched.
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