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May 23, 20233 min read

Stevia Market Projected to Witness a Double-Digit CAGR During 2021 – 2030

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.

The Global Stevia Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

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Key Players operating in the industry 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.

Radical Features of the Stevia Market Report:

  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently

  • The report encompasses Stevia market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies

  • Supply chain analysis along with technological advancements offered in the report

  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Stevia industry

Segmentation:

  • 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

      1. U.S.

      2. Canada


  • Europe

    1. Germany

    2. UK

    3. France

    4. BENELUX

    5. Rest of Europe


  • Asia Pacific

    1. China

    2. Japan

    3. South Korea

    4. Rest of APAC


  • Latin America

    1. Brazil

    2. Rest of LATAM


  • MEA

    1. Saudi Arabia

    2. UAE

    3. Rest of MEA



Regional Analysis Covers:

  • North America (U.S., Canada)

  • Europe (U.K., Italy, Germany, France, Rest of EU)

  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)

  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs.

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About Emergen Research

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