Global Stevia 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 Industry Forecast” looks at past sales and reviews total world Stevia sales in 2022, providing a comprehensive analysis by region and market sector of projected Stevia sales for 2023 through 2029. With Stevia sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stevia industry.
This Insight Report provides a comprehensive analysis of the global 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 Stevia portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Stevia market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Stevia.
The global Stevia market size is projected to grow from US$ 584.2 million in 2022 to US$ 1007.2 million in 2029; it is expected to grow at a CAGR of 1007.2 from 2023 to 2029.
United States market for Stevia is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Stevia is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Stevia is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Stevia players cover Purecircle Limited, Qufu Xiangzhou Stevia, Layn, Zhucheng Haotian, Cargill (Evolva), Sunwin Stevia International, GLG Life Tech, Tate & Lyle and Morita Kagakau Kogyo, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Stevia market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Reb-A Series
STV Series
Glucosyl Stevia
Reb M
Reb D
Segmentation by application
Health Care Products
Food
Beverage
Pharmaceutical Industry
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
Qufu Xiangzhou Stevia
Layn
Zhucheng Haotian
Cargill (Evolva)
Sunwin Stevia International
GLG Life Tech
Tate & Lyle
Morita Kagakau Kogyo
Tianjin Jianfeng
Hunan NutraMax
HuZhou LiuYin Biological
Key Questions Addressed in this Report
What is the 10-year outlook for the global Stevia market?
What factors are driving Stevia market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Stevia market opportunities vary by end market size?
How does 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.
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