Global Food and Beverage Stevia Market Growth 2023-2029

Global Food and Beverage Stevia Market Growth 2023-2029

Stevia, also known as stevioside, is a glycoside extracted from the leaves of the Asteraceae plant and it is native to Paraguay and Brazil. Stevia has the characteristics of high sweetness which is 200-300 times that of sucrose and low calorie energy which is only 1/300 of sucrose. Stevia is a natural sweetener that has been used in South America as a herb and sugar substitute for hundreds of years.

LPI (LP Information)' newest research report, the “Food and Beverage Stevia Industry Forecast” looks at past sales and reviews total world Food and Beverage Stevia sales in 2022, providing a comprehensive analysis by region and market sector of projected Food and Beverage Stevia sales for 2023 through 2029. With Food and Beverage Stevia sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food and Beverage Stevia industry.

This Insight Report provides a comprehensive analysis of the global Food and Beverage Stevia landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food and Beverage Stevia portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food and Beverage Stevia market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food and Beverage Stevia and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food and Beverage Stevia.

The global Food and Beverage Stevia market size is projected to grow from US$ 439.5 million in 2022 to US$ 624 million in 2029; it is expected to grow at a CAGR of 624 from 2023 to 2029.

Global top five manufacturers of food and beverage stevia occupied for a share over 65 percent, key players are Haotian Pharm, PureCircle (Ingredion), Shandong Shengxiangyuan, Cargill and Sunwin Stevia. Geographically speaking, Asia Pacific holds the most of global market share, about 40%. North America holds about 35% of share, while Europe followed by nearly 15%. In terms of product, Reb-A series are the largest segment, with a share over 50%. And in terms of application, the largest application is beverage, which takes over 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Food and Beverage Stevia market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Reb-A Series
Reb D
Reb M
STV Series
Others

Segmentation by application
Beverage
Food Ingredient
Table Sweetener

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Haotian Pharm
PureCircle (Ingredion)
Shandong Shengxiangyuan
Sunwin Stevia
Shangdong Huaxian Stevia
GLG Life Tech Corp
Qufu Tianyuan Biotechnology
Cargill
Jining Aoxing Stevia Products
Morita Kagaku Kogyo
Tate & Lyle
ADM
Chenguang Biotech Group
Biolotus Technology
Daepyung

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food and Beverage Stevia market?

What factors are driving Food and Beverage Stevia market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Food and Beverage Stevia market opportunities vary by end market size?

How does Food and Beverage Stevia break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.