Stevia Market, Size, Share, Outlook and Growth Opportunities 2019-2026

SKU: DFB77 | Last Updated On: Mar 19 2020 | No. of Pages: 176 | Available Formats

>Global Stevia Market Expected to reach a high CAGR of 6% By 2026: DataM Intelligence

Global Stevia Market is segmented By Form (Liquid, Powder, Leaf), By Application Type (Beverages, Food Products), By Extract (Crude extract, Highly Pure Extract), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2019-2026


Market Overview

  • Stevia market is expected to grow at a CAGR of around 6% during the forecast period 2019-2026.

  • Stevia is a natural sweetener extracted from a herbal plant species called Stevia Rebaudiana. Stevia contains rebaudioside-A and stevioside, which are responsible for imparting a high degree of sweetness.

Industry Outlook

  • High degree of sweetness coupled with no side effects is one the prime reason for the growth of the market. Moreover, South American countries like Paraguay and Brazil, people have used its leaves for over hundreds of years. Besides sweetening the food, the leaves were traditionally used to treat burns, stomach problems, other ailments, etc.

  • These properties are expected to help drive consumption of stevia market during the forecast period.

  • The growing awareness about the health benefits of stevia over sugar has led to the global increase in its demand because of which it is now commercially grown across the globe.

  • As most of the low-calorie sweeteners available in the market are artificial, the demand for natural sweeteners like stevia has further expanded.

  • Other factors influencing the global demand of stevia are the lifestyle changes, growing disposable income, awareness about maintaining good health, government initiatives on reducing the sugar intake and the need to combat health problems like obesity and diabetes

Market Segmentation

  • Based on the Extract Type, the global stevia market is bifurcated into Liquid, Leaf, and Powder. Among all others, Powder stevia dominated the market due to its flexibility in storage, packaging, and transportation. Stevia extract powders vary in taste, sweetness, and cost based on their degree of refinement and the quality of the stevia plant. Some of the powder stevia extracts have more aftertaste than the others.

  • These properties are estimated to help drive the global stevia market during the forecast period.

  • Furthermore, stevia market is segmented based on end user such as Food and Beverage industry, Pharmaceutical Sector, and Other. Among all others, Food sector dominated the market. The demand for stevia is majorly driven by the growth of the food industry across developing regions such as North America and South America.

  • Moreover, demand for stevia in the food sector is increasing the need for low-calorie food for daily consumption. Owing to Growing consumer awareness about the value of low glycemic diet is driving the market for stevia and stevia-based products.

Global Market Share

  • Geographically, the global stevia market has been segmented into North America, Asia-pacific, Europe, South America, and RoW. Among all the regions, North America has dominated the market followed by South America where demand for natural sweeteners made from herbs is growing robustly especially in food and beverages.

  • Further, the launch of new products containing stevia by food and beverage

  • manufacturers will drive market growth during the forecast period

Company Profiles

  • Cargill Inc., Tate & Lyle Plc, Stevia First Corporation, Ingredion, and Australian Stevia Mills are among the few key operating players in the global stevia market.

  • Cargill Inc. one of the largest manufacturer of stevia and it holds the highest market

  • share in the total market.

Why should I purchase this report?

  • Identify commercial opportunities in Global Stevia Market by analyzing trends and co-development deals.

  • Excel data sheet with thousands of data points of the Global Stevia Market by segmentation level.

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

  • Product mapping in excel for the key Stevia Market of all major market players.

Who can benefit from this report?

  • Raw Material Suppliers/ Buyers

  • Product Suppliers/ Buyers

  • Industry Investors/Investment Bankers

  • Education & Research Institutes

  • Research Professionals

  • Emerging Companies

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Table of Content

1. Stevia Market – Methodology and Scope

1.1. Research methodology

1.2. Scope of the Report

2. Stevia Market – Industry Trends

2.1. Key Trends & Developments

3. Stevia Market Outlook

3.1. Industry Impact Factors (Drivers & Restraints)

3.2. Porter 5 Forces

3.3. Patent Analysis

4. Stevia Market – Product-based Analysis 

4.1. By Form

4.1.1. Liquid

4.1.2. Powder

4.1.3. Leaf

4.2. By Application Type

4.2.1. Beverages

4.2.2. Food Products Baked Products Confectionery Frozen Desserts Others

4.3. By Extract

4.3.1. Crude extract

4.3.2. Highly Pure Extract

5. Stevia Market – Regional, Country-level Analysis

5.1. Global Stevia Market- Geographic Overview (Share of the regions)

5.2. North America

5.2.1. The USA

5.2.2. Canada

5.2.3. Mexico

5.2.4. Others

5.3. South America

5.3.1. Brazil

5.3.2. Argentina

5.3.3. Others

5.4. Europe

5.4.1. Germany

5.4.2. The United Kingdom

5.4.3. France

5.4.4. Others

5.5. Asia-Pacific

5.5.1. China

5.5.2. India

5.5.3. Japan

5.5.4. Australia

5.5.5. Others

5.6. RoW

6. Stevia Market – Competitive Trends

6.1. Global Market Share Analysis

6.2. Key Strategies adopted by Manufacturers

6.3. Product Benchmarking

7. Stevia Market – Company Profiles

7.1. DSM

7.2. PureCircle

7.3. GLG Tech/Cargill

7.4. Tate & Lyle

7.5. ADM

7.6. Evolva Holding SA

7.7. Ingredion Incorporated

7.8. Sunwin Stevia

7.9. S&W Seed Company

7.10. PyureBrands LLC

8. Stevia Market – Appendix

8.1. Sources

8.2. List of Tables

8.3. Expert Panel Validation

8.4. Disclaimer

8.5. Contact Us

Frequently Asked Questions

Q. At what CAGR is the stevia-market anticipated to augment?
A. The stevia-market is projected to strike 6% CAGR

Q. Who are the leading players in the stevia-market?
A. Cargill Inc., Tate & Lyle Plc, Stevia First Corporation, Ingredion, .Etc.

Q. Which region holds the major market share for stevia-market?
A. Among all the regions, North America has dominated the market followed by South America where demand for natural sweeteners made from herbs is growing robustly especially in food and beverages.

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