Euromonitor identifies stevia success factors
According to a blog post by Euromonitor analyst Diana Cowland, stevia has fast gained presence as th…According to a blog post by Euromonitor analyst Diana Cowland, stevia has fast gained presence as the first sweetener from a natural source. In January 2014 a new health and wellness report was published which explores stevia-related innovation in 2013, highlights technological advances such as further reducing sugar content of beverages to 50% and analyses stevia’s potential as a weight management ingredient.
In order for manufacturers looking to reformulate their products with stevia to be successful, says Cowland, the focus should be on those markets where reduced sugar variants of the aforementioned categories - soft drinks and more specifically seen in carbonates, flavoured bottled water, fruit/vegetable juice and RTD tea - are widely consumed.
Manufacturers should, she says, also look to those markets which already have a high consumption of reduced-sugar beverages. It is, according to Cowland, evident that to some extent this strategy has already been adopted by manufacturers such as Coca-Cola which launched its first stevia-sweetened Coca-Cola in Argentina, the top consumer for reduced sugar soft drinks and numerous launches have been seen in the US, Belgium and the UK all within the top five.
As more food and drink products containing stevia are launched globally, the question of whether it can have an impact on the growing prevalence of overweight and obese populations has to be raised, notes Cowland. If 20% of regular full-sugar carbonates were reformulated to contain stevia and hence saw a 30% calorie reduction, Euromonitor International has estimated the annual calorie reduction for a person who consumed two cans per day - not wholly inconceivable - would be 6,132kcal.
While this reduction alone would not lead to curbing the overweight population, the beverages would be an easy addition to a diet of someone wishing to lose a few kilos and would not require a change in dietary habits. If the loose, albeit highly debated, formula of a calorie deficit of 3,500kcal will lead to a loss of 1lb in body weight and 20% of carbonates are reformulated, it could lead to a per capita weight loss of 1.7lb annually.
