Stevia

Stevia Market by Form (Leaf, Liquid, Powder), Distribution (Offline, Online), Application - Global Forecast 2024-2030

SKU
MRR-4338B9A1A297
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 1.15 billion
2030
USD 2.18 billion
2024
USD 1.26 billion
CAGR
9.46%
360iResearch Analyst
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[184 Pages Report] The Stevia Market size was estimated at USD 1.15 billion in 2023 and expected to reach USD 1.26 billion in 2024, at a CAGR 9.46% to reach USD 2.18 billion by 2030.

Stevia Market
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Stevia is a natural sweetener and sugar substitute extracted from the leaves of the plant species Stevia rebaudiana, native to Brazil and Paraguay. It boasts high sweetness levels with minimal to no caloric intake, making it a popular choice among consumers seeking healthier sweetening options. The growth is propelled by a pronounced health and wellness trend, alongside escalating concerns over diabetes and obesity, bolstering the demand for natural, low-calorie sweeteners such as stevia. Furthermore, the global regulatory backing facilitates stevia's inclusion across a variety of food and beverage products. However, the industry confronts challenges, including stiff competition with other natural and synthetic sweeteners, the distinctive taste profile of stevia, which differs from traditional sugar, and the need for cost-effective and reliable supply chains. Furthermore, opportunities abound with the potential for innovation in processing methods to enhance flavor and reduce costs, the expansion into new markets fostered by regulatory endorsements and rising consumer acceptance, and the broadening of stevia's applications into sectors such as food and beverages, pharmaceuticals and personal care, paving the way for significant market growth.
Stevia Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Stevia Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Stevia Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Stevia Market, highlighting leading vendors and their innovative profiles. These include ADM Archer-Daniels-Midland Company, Ajinomoto Co., Inc., Cargill, Incorporated, Evolva Holding SA, GL Stevia Co., Ltd., GLG Life Tech Corporation, Morita Kagaku Kogyo Co., Ltd., PureCircle, Shandong Haigen Biotechnology Co., Ltd., Sunwin Stevia International Inc., Tate & Lyle PLC, TEREOS, The Real Stevia Company AB, Wisdom Natural Brands, and Zhucheng Haotian Pharm Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Stevia Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Form
    • Leaf
    • Liquid
    • Powder
  • Distribution
    • Offline
    • Online
  • Application
    • Bakery & Confectionery
    • Beverages
    • Dairy Products
    • Dietary Supplements
    • Pharmaceuticals

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Stevia Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Stevia Market?
  3. What are the technology trends and regulatory frameworks in the Stevia Market?
  4. What is the market share of the leading vendors in the Stevia Market?
  5. Which modes and strategic moves are suitable for entering the Stevia Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Stevia Market, by Form
  7. Stevia Market, by Distribution
  8. Stevia Market, by Application
  9. Americas Stevia Market
  10. Asia-Pacific Stevia Market
  11. Europe, Middle East & Africa Stevia Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 288]
  16. List of Companies Mentioned [Total: 15]
Frequently Asked Questions
  1. How big is the Stevia Market?
    Ans. The Global Stevia Market size was estimated at USD 1.15 billion in 2023 and expected to reach USD 1.26 billion in 2024.
  2. What is the Stevia Market growth?
    Ans. The Global Stevia Market to grow USD 2.18 billion by 2030, at a CAGR of 9.46%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
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    Ans. We are approaching our 7th anniversary in 2024!
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    Ans. Absolutely yes, with the purchase of additional user licenses.
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