Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Stevia Market Size
The global stevia market size attained a value of approximately USD 843.19 million in 2023. The market is expected to grow further in the forecast period of 2024-2032 at a CAGR of 10.7%, reaching a value of USD 2114.51 million by 2032.
Stevia can help manage diabetes, promote weight loss, control blood pressure, lower cholesterol, preserve oral health, enhance skincare, and protect against osteoporosis. The prevalence of various health concerns and conditions including obesity and diabetes as well as the rising demand for natural sweeteners are the primary drivers of the stevia market growth.
Consumers have switched to stevia, natural sweeteners, and stevia market products as a result of the increased awareness of the harmful health effects of sugar-sweetened drinks (SSBs), commonly known as sweetened beverages. As per the stevia market report, health risks of high sugar consumption have prompted more consumers to purchase food items with healthier substitutes in order to minimise their intake of sugar, helping prevent obesity, diabetes, and similar conditions.
The availability of stevia extract in various forms, such as powder, liquid, and leaves, as well as the expanding use of these ingredients in products like beverages, baked goods, confections, dairy goods, and cereal-based items, among other things, are expected to increase the stevia market demand in the future. Pharmaceuticals, cosmetics, and other industries also employ stevia extracts. Another factor anticipated to contribute to the global market's continued revenue growth during the forecast period is the expansion of application areas and end products, which would further contribute to the demand for stevia and the stevia ingredient market size.
Stevia Market Report Snapshots
Stevia Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2023, the global stevia market attained a value of nearly USD 843.19 million.
The market is projected to grow at a CAGR of 10.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 2114.51 million by 2032.
The major drivers of the market are rising disposable incomes, the increasing number of food and beverage companies, schemes by various governments, and growing innovations taking place in the applications of stevia.
The key market trend guiding the growth of the stevia market include increasing health concern and consumer awareness about drinks with high sugar content and rising demand for dietary food.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Powder, liquid, and leaf are the major extract types of stevia in the market.
Beverages, food products, tabletop sweeteners, and pharmaceuticals, among others are the significant end uses of stevia.
The major players in the market are Layn Corp., Cargill, Incorporated, ADM, Ingredion Incorporated, Tate & Lyle, GLG Life Tech Corporation, Pyure Brands LLC, Sunwin Stevia International Inc, Steviva Brands, Inc., Zhucheng Haotian Pharm Co., Ltd. (“HOWTIAN”), MORITA KAGAKU KOGYO CO., LTD., Wisdom Natural Brands, SweeGen, Inc, Hunan NutraMax Inc., and The Real Stevia Company, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124