The global stevia market size was USD 790.6 Million in 2021 and is expected to register a revenue CAGR of 8.5% during the forecast period, according to latest analysis by Emergen Research. Rising demand for stevia as an alternative for sucrose in the dairy industry and increasing investments by market players are factors expected to support market revenue growth between 2021 and 2030. In addition, Stevia has a sweet taste, which makes it capable of replacing sugar in a diet and has a very low calorific value, which makes it ‘no-calorie’ food. Stevia is also beneficial for indigestion-related problems, which decreases hunger and urges and cravings for sweets. Stevia when mixed with toothpaste helps to avoid gum disease, plaque buildup, and tooth decay. Moreover, increasing incidence of non-communicable diseases, such as diabetes and obesity, is expected to drive growth of the market during the forecast period. Stevia is a high-intensity sweetener, which is 200 times sweeter than sucrose, is used as a natural sweetener in the food beverage industry and does not have any harmful effects on human body. It is also used as a tabletop sweetener in cafes and restaurants to add sweetness to instant beverages such as tea, coffee, and soft drinks.
Moreover, the report specializes in the exhaustive analysis of the macro-economic and micro-economic factors accountable for the global Stevia market development in the forthcoming years. It focuses on the regulatory framework shaping the future of the market. New and existing pricing structures, emerging application areas, and upcoming investment opportunities have also been detailed in the report. Considering the existing market developmental factors, historical events, and the ongoing market trends, the report offers a balanced opinion on the future scenario of the global Stevia market. The report further studies the projected growth-influencing factors of the market.
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The leading market contenders listed in the report are:
Ingredion Incorporated, Cargill, Tate Lyle PLC, Archer Daniels Midland Company, PureCircle Limited, Evolva Holding SA, GLG Life Tech Corporation, The Coca-Cola Company, PepsiCo Inc., Sunwin Stevia International, Inc.
Key reasons to buy the Global Stevia Market report:
- The latest report comprehensively studies the global Stevia market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Stevia Market
Product Form Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Leaf
- Liquid
- Powder
Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Beverages
- Bakery Confectionary
- Dairy Food Products
- Dietary Supplements
- Others
Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- North America
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Regional Outlook of the Stevia Market
The global Stevia market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Stevia market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Stevia Market report:
- The latest report comprehensively studies the global Stevia market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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