Global Stevia Extract Market Growth 2023-2029
Stevia/stevia rebaudiana is a sweetener and sugar substitute extracted from the leaves of the plant species stevia/stevia rebaudiana rebaudiana, native to paraguay. The leaves of the stevia/stevia rebaudiana rebaudiana plant have a refreshing taste, zeroglycemic index, zero calories and zero carbs.
LPI (LP Information)' newest research report, the “Stevia Extract Industry Forecast” looks at past sales and reviews total world Stevia Extract sales in 2022, providing a comprehensive analysis by region and market sector of projected Stevia Extract sales for 2023 through 2029. With Stevia Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stevia Extract industry.
This Insight Report provides a comprehensive analysis of the global Stevia Extract 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 Stevia Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Stevia Extract market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stevia Extract 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 Stevia Extract.
The global Stevia Extract market size is projected to grow from US$ 503.3 million in 2022 to US$ 778.6 million in 2029; it is expected to grow at a CAGR of 778.6 from 2023 to 2029.
Asia-Pacific has the largest global export quantity and manufacturers in Stevia Extract market, especially China.
In the industry, Purecircle Limited profits most in 2019, CCGB and Zhucheng Haotian Pharm Co. Ltd ranked 2 and 3. The market share of them is 26.39%, 12.27% and 11.84% in 2019. .
There are four mainly types of Stevia Extract, including Reb A, Reb M, Reb D and Others. Reb A is the main type for Stevia Extract, and it reached 95.24% of global sales volume.
This report presents a comprehensive overview, market shares, and growth opportunities of Stevia Extract market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Reb A
Reb M
Reb D
Others
Segmentation by application
Foods & Beverage
Pharmaceutical
Cosmetics
Others
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.
Purecircle Limited
CCGB
Layn
Zhucheng Haotian Pharm Co. Ltd
Cargill (Evolva)
Sunwin Stevia International, Inc.
GLG Life Tech
Tate & Lyle
Morita Kagakau Kogyo Co. Ltd.
INGIA Biotechnology
Zhongda Hengyuan Biotech
Hunan NutraMax Inc.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Stevia Extract market?
What factors are driving Stevia Extract market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Stevia Extract market opportunities vary by end market size?
How does Stevia Extract 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.
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