Press release
Global Stevia Market Size Worth USD 1,478.6 Million by 2033 | CAGR of 6.73%
The latest report by IMARC Group, titled "๐๐ญ๐๐ฏ๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ฑ๐ญ๐ซ๐๐๐ญ ๐๐ฒ๐ฉ๐ (๐๐จ๐ฐ๐๐๐ซ, ๐๐ข๐ช๐ฎ๐ข๐, ๐๐๐๐), ๐๐ง๐ ๐๐ฌ๐ (๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ, ๐ ๐จ๐จ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ, ๐๐๐๐ฅ๐ ๐๐จ๐ฉ ๐๐ฐ๐๐๐ญ๐๐ง๐๐ซ๐ฌ, ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ๐ฌ, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐-๐๐๐๐," offers a comprehensive analysis of the stevia market share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.๐๐จ๐ฐ ๐๐ข๐ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ญ๐๐ฏ๐ข๐ ๐๐๐ซ๐ค๐๐ญ?
The global stevia market size reached ๐๐๐ ๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024. Looking forward, IMARC Group expects the market to reach ๐๐๐ ๐,๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2033, exhibiting a growth rate (๐๐๐๐) ๐จ๐ ๐.๐๐% during 2025-2033.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.imarcgroup.com/stevia-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐๐ญ๐๐ฏ๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ง๐ ๐๐๐ซ๐จ-๐๐๐ฅ๐จ๐ซ๐ข๐ ๐๐ฐ๐๐๐ญ๐๐ง๐๐ซ๐ฌ:
There is significance of of stevia as noted by some researches carried out due to the high global inclination towards stevia along with plant based sweeteners which are gaining wide popularity among the consumers across the globe. Due to the rise of healthy eating and concerns over how synthetic sugar intake can be detrimental, stevia has proven to be a go to option to many people.
Also the increase in the number of lifestyle diseases like diabetes epidemic and obesity creates more market space for low calorie sweeteners due to it being natural and having zero calories, stevia lead the pack. Major players in the food and beverage industry are incorporating stevia into their products resulting in innovations across diverse product categories such as beverages, baked goods, and dairy products. Cleans label trend which has also been on the rise along with veganism has also contributed in the growth of stevia making it gain more strength as a product worldwide.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง:
The inventions pertaining to the methods of extraction and formulation of stevia contribute significantly to the growth of the market. Investigators and Manufacturers now try to concentrate on improving the organoleptic properties of stevia by devising ways to overcome the bitterness that accompanies the taste by using advanced methods of processing as well as hybrid formulations. Leveraging enzymatic modification or fermentation technologies has resulted in steviol glycosides with higher sweetness and product compatibility.
Furthermore, thematically, companies are focusing on climate-friendly cultivation and bio stevia options that correspond to the growing demand for plant-based ingredients that do not have GMO interventions. These developments are both increasing the application range of steviol glycosides and solving problems with their mass use in the market of ready-to-eat food products and beverages.
๐๐๐ ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง:
The development of stevia market is boosted by the developing policies as well as the greater approval of the use of stevia in additional food products in multiple regions. Stevia's endorsement by agencies like the FDA and EFSA has led to its acceptance and wide use.
Emerging economies particularly in the Asia pacific and Latin America region are experiencing increased levels of consumption of stevia due to better understanding and appetite for healthier alternatives to sugar. Governments and organizations are starting campaigns that target consumers and educate them of the benefits of stevia which is increasing the market. The growth of distribution channels like e-commerce and health stores is also increasing the availability of products making stevia a common ingredient worldwide.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฎ๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐๐จ๐ซ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ๐ฌ, ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ข๐๐ฌ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.imarcgroup.com/request?type=report&id=573&flag=C
๐๐ฅ๐จ๐๐๐ฅ ๐๐ญ๐๐ฏ๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Stevia's market is still developing and growing in numerous aspects showing its growth potential in health and wellness. One noteworthy trend, which are the increased use of stevia in functional foods and beverages, are attributed to the consumers' desire for more health-oriented products. To meet the needs of fitness consumers, some manufacturers are launching stevia-fortified protein bars, sports drinks and other meal replacements. Furthermore, increased demand for ready-to-drink and natural energy drinks has raised the adoption of stevia as a sweetener.
A related trend is the shift towards organic and high quality stevia grade products, which tend to appeal to consumers who value quality and do not mind spending extra on sustainable ingredients. New technologies provided by food companies to stevia producers allow the development of new products and diversification of existing ones. Moreover, with the increased adoption of digital marketing, brands have started spreading awareness of the benefits of stevia through online platforms and built a market, strategically setting the stage for further growth.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โข Archer-Daniels-Midland Company
โข Cargill Incorporated
โข GLG Life Tech Corporation
โข Guilin Layn Natural Ingredients Corp.
โข Hunan NutraMax Inc.
โข Ingredion Incorporated
โข Morita Kagaku Kogyo Co. Ltd.
โข Pyure Brands LLC
โข Sunwin Stevia International Inc
โข Tate & Lyle PLC
โข The Real Stevia Company AB
โข Wisdom Natural Brands
โข Zhucheng Haotian Pharm Co. Ltd.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฑ๐ญ๐ซ๐๐๐ญ ๐๐ฒ๐ฉ๐:
โข Powder
โข Liquid
โข Leaf
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐:
โข Beverages
โข Food Products
โข Table Top Sweeteners
โข Pharmaceuticals
โข Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America (United States, Canada)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
๐๐จ๐ญ๐: ๐๐ก๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ง๐จ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐๐ซ๐ ๐ฉ๐ฅ๐๐๐ฌ๐๐ ๐ญ๐จ ๐จ๐๐๐๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ฉ๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐ฆ๐๐๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐๐๐๐ฌ.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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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 changedโฆ