Stevia Market size is expected to grow at a CAGR of 12.53 percent from 2024 to 2030, reaching nearly USD 1751 Mn by 2030 as per Stellar Market Research

Stellar Market Research has published a market intelligence and competitive landscape report on the Stevia Market. The report is a combination of primary data and secondary data and field experts have examined the Stevia Market from a local, regional and global point of view. Over the forecast period, Stellar Market Research expects the Stevia Market size is expected to grow at a CAGR of 12.53 percent from 2024 to 2030, reaching nearly USD 1751 Mn. by 2030

𝐓𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐯𝐢𝐬𝐢𝐭 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐰𝐞𝐛𝐩𝐚𝐠𝐞:https://www.stellarmr.com/report/Stevia-Market/2218

Stevia Market Overview:

stevia market has seen remarkable growth and diversification driven by innovations and product developments. Stevia is widely used as a sugar alternative in food and beverages, often marketed as a healthier option due to its zero-calorie nature and lower impact on blood sugar levels compared to sugar. Regionally, North America holds the largest market share (XX%), driven by consumer preference for natural alternatives and stringent regulations favoring low-calorie options.

Stevia Market Dynamics:

Increasing Diabetes and Obesity Rates Rising rates of diabetes and obesity have driven demand for low-calorie sweeteners like stevia. In the U.S., increasing health awareness has led to greater consumption of stevia as a natural, zero-calorie alternative to sugar, with similar trends observed globally. Supportive regulatory frameworks reduce entry barriers, promote innovation, and ensure compliance, thereby stimulating market growth for stevia products. Growing health awareness has boosted demand for natural sweeteners like stevia, leading to an annual market growth of about 8%. Awareness campaigns have significantly increased stevia's market share in the sweeteners segment.

𝐓𝐨 𝐋𝐞𝐚𝐫𝐧 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐒𝐭𝐮𝐝𝐲, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞:https://www.stellarmr.com/report/req_sample/Stevia-Market/2218

Stevia Market Regional Insights:

North America holds a significant share, approximately XX% of the global stevia market, driven by increasing consumer preference for natural sweeteners and stringent regulations favouring low-calorie alternatives.

In Europe, the stevia market comprises around XX% of the global share, driven by regulatory approvals for stevia-based products and rising consumer awareness of health concerns related to sugar consumption.

Asia Pacific, holding approximately XX% of the global stevia market, is the fastest-growing region, fuelled by extensive cultivation in countries like China and India. Increasing health consciousness among consumers and the demand for natural ingredients in food and beverages contribute significantly to market expansion

Stevia Market Scope:

Market Size in 2023 USD 780 Mn.

Market Size in 2030 USD 1751Mn.

CAGR 12.53 % (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Segment Covered by Type, capacity, and design

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

𝐓𝐨 𝐋𝐞𝐚𝐫𝐧 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐒𝐭𝐮𝐝𝐲, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞:https://www.stellarmr.com/report/req_sample/Stevia-Market/2218

Stevia Market Segmentation:

By Product Type

Stevia Extracts
Stevia-Based Sweeteners
Stevia-Infused Products

By End-Use Application

Food & Beverage Industry
Pharmaceuticals
Personal Care

By Form

Dry Stevia
Liquid Stevia

Leading Stevia Market key industry:

Zhucheng Haotian Pharma Co. Ltd.
BENEO (SUDZUCKER Group)
Foodchem International Corporation
FRAKEN BIOCHEM CO. LTD.
Haihang Industry Co.,Ltd.
PureCircle Ltd
GLG Life Tech Corporation
Wild Flavors and Specialty Ingredients
Sunwin Stevia International, Inc.
Meiji Food & Pharmaceutical Co., Ltd.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬:https://www.stellarmr.com/report/enquire_now/Stevia-Market/2218

Key questions answered in the Stevia Market are:

What is the growth rate of the Global Stevia Market?
Which region is expected to dominate the Global Stevia Market?
What is the expected Global Stevia Market size by 2030?
Which are the top players in the Global Stevia Market?
What are the factors driving the Global Stevia Market growth?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Related Report

Organic Spice Market
Europe Mead Beverage Market

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About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

This release was published on openPR.