openPR Logo
Press release

Stevia Market estimated to be valued at US$ 622 Mn by the end 2031

Stevia Market

Stevia Market

This revised analysis on the stevia market by analysts at Persistence Market Research predicts the market to progress at a healthy CAGR of 7.2% over the next ten years. The global stevia industry is anticipated to increase by US$ 312 Mn by 2031 from its net worth of US$ 309.8 Mn at present.

The stevia market is driven by growing demand for natural sweeteners (in beverages, in particular). Stevia's superlative sweetening properties are expected to revolutionize the stevia market in the years to come.

As of now, the market has saccharin, cyclamate, sucralose, and aspartame (all artificial sweeteners) ruling the market. However, stevia is giving them a tough competition as it is devoid of any adverse effects of artificial additives.

Request For Report Sample - https://www.persistencemarketresearch.com/samples/3834

Stevia also renders a helping hand in controlling blood pressure and also helps in checking the weight. Research being conducted on continuous basis in pharmaceutical industry is certainly helping in creation of novel avenues for the key market players.

Stevia is also in demand in biscuits, confectionery, chocolates, and various other baking products. The growing acceptance in Latin America and Asia-Pacific (Brazil, India) is bound to make these two regions the major revenue generators in the upcoming period. Though beverages make use of stevia, the aftertaste is quite bitter, which is certainly a matter of concern to the manufacturers and consumers alike.

Manufacturers are collecting feedback from consumers and also working on solutions such as integrating stevia with enhancers and taste modifiers, so as to help in nullification of bitterness. This move is likely to enhance consumer appeal. Also, more food products could opt for stevia use.

Request For Report Customization - https://www.persistencemarketresearch.com/request-customization/3834

Key Takeaways from Stevia Market
• By application, the beverage sector is expected to hold the largest market share as stevia is being extensively used in several carbonated drinks. Plus, product does find its applications in various zero- and low-calorie beverages. This will cater to an increasing demand on the part of consumers who are duly particular about their health.

• Growing awareness amongst consumers regarding the advantages provided by natural sweeteners such as stevia is expected to drive the market globally in terms of value as well as volume.

• Asia Pacific is likely to witness decent growth from 2021 to 2031. This could be reasoned with food and beverage industry going great guns in Japan, India, South Korea, China, and Taiwan. Plus, companies like PepsiCo, The Coca-Cola Company, and Cargill are investing extensively regarding coming up with new variations of beverages. Diet variants are especially being tried out.

• The U.S. and U.K. have emerged as key exporters in the global market landscape. Governments are also extending full support to the utilization of organic food products.

How is the Stevia Market Structured?
Key manufacturers of stevia market include The Coca-Cola Company, PepsiCo Inc., Cargill, Inc., PureCircle Ltd., Cargill, Inc., Evolva Holding S.A., Ingredion Inc., and Tate & Lyle Plc. Biotechnology firms are seen marketing stevia as powders and liquids. Companies are trying out various flavors of beverages with stevia incorporated, so that consumers don't miss out on anything nutritional.

Other areas of application apart from beverages and food products include tabletop sweeteners and pharmaceuticals. Initially, stevia wasn't taken that seriously regarding usage in medicines. However, with the advent of research, stevia is seen spreading its wings all through the pharmaceutical vertical.

Medical practitioners find it proper to use stevia as they don't have to work on side-effects (as there aren't any - stevia being a natural sweetener).

Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/3834

Impact of COVID-19 on Stevia Market
COVID-19 has increased demand for stevia as natural sweeteners are preferred by people to avoid any further risks related to artificial sweeteners. This situation is bound to continue even going forward owing to several health benefits offered, which will continue to keep people on the safer side.

Analyst's Viewpoint
"The global stevia market has accelerated after the outbreak of COVID-19 as natural sweeteners are being demanded in the wake of WHO asking to increase immunity.

Ones suffering from diabetes or even on the verge of getting it are seen opting for stevia. So, it could be inferred that the stevia market is driven by people suffering from chronic ailments".

Conclusion
The stevia market doesn't see anything obstructing it at present or even in the near future. Be it a pandemic-like situation or something as usual, stevia market is slated to grow at an exponential rate.

Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Stevia Market estimated to be valued at US$ 622 Mn by the end 2031 here

News-ID: 2839588 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Stevia

Stevia Market Hits New High | Major Giants Haigen Stevia, Stevia Product, PureCi …
HTF MI recently introduced Global Stevia Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market size (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Major Companies in Stevia Market are: PureCircle (Malaysia), GLG Life Tech Corp (Canada), Julong High-tech (China), Biolotus Technology (China), Haotian Pharm (China), Cargill-Layn (United
Stevia Extracts Market Is Booming Worldwide: Naturex, Cargill, Stevia Corp.
The Latest Released Stevia Extracts market study has evaluated the future growth potential of Stevia Extracts market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges,
Stevia Rebaudiana Market to See Huge Growth by 2028 | Stevia Sweetener, Stevia N …
Worldwide Stevia Rebaudiana Market In-depth Research Report 2021, Forecast to 2026 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Stevia Rebaudiana Market. Some of the key players profiled in the study are PureCircle,
Stevia Market by Top Manufacturers PureCircle, GLG Life Tech Corp, Julong High-t …
This research report is equipped with the information categorising for Stevia Market by parameters such as players, brands, regions, types and application. The report also details the information about the global market status, competition landscape, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. This report also covers the study relating to the key regions for the global market size for the
Global Stevia / Stevia Rebaudiana Market 2018 - Pepsi Co., Pure Circle Ltd, Stev …
Accord Market, recently published a detailed market research study focused on the “Stevia / Stevia Rebaudiana Market” across the global, regional and country level. The report provides 360° analysis of “Stevia / Stevia Rebaudiana Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of
Stevia Market
Parent Market Analysis Sweetener market comprises ofcaloric and non-caloric sweeteners. Among which caloric sweetener includes sucrose, table sugar, raw sugar, and others. Whereas non caloric sweetener have been further segmented into natural as well as synthetic sweeteners. The natural sweeteners are further classified as low potency and high potency sweetener whereas synthetic sweeteners include advantame, aspartame, sucralose and others. Increased consumer awareness towards low caloric food across the globe has changed