Stevia Market size worth $ 1,635 Million, Globally, by 2030 at 9.1% CAGR: Verified Market Research®

The growing public awareness of healthier food alternatives, particularly among obese and diabetic people, has fueled the global Stevia Market's growth. 

JERSEY CITY, N.J., June 28, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Stevia Market" By Form (Stevia Leaves, Dry Extract and Liquid Extract), By Application (Beverages, Food Products, Tabletop Sweeteners, Pharmaceuticals and Others), and By Geography. According to Verified Market Research, the Stevia Market size was valued at USD 701.7 Million in 2021 and is projected to reach USD 1,635 Million by 2030, growing at a CAGR of 9.1% from 2022 to 2030.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=4799

Browse in-depth TOC on "Stevia Market"

202 - Pages

126 – Tables

37 – Figures

Global Stevia Market Overview

The market growth is driven by the increase in the customer demand for natural sugar alternatives, zero-calorie beverages, and healthier foods incorporating natural sugar substitutes due to rising disposable incomes, rising health concerns, and consumer awareness about food and lifestyle. Also, Stevia demand is expected to rise due to an increase in consumer preference for plant-based products. In addition, The market is also driven by factors such as the positive outlook for stevia as a natural sweetener due to rising demand for dietary food and an increasing number of innovative product developments for stevia and stevia-based products that are cost-effective and find application in a wide range of food & beverage applications thus resulting in the increasing number of food and beverage companies.

Furthermore, the factors such as government schemes, and growing innovations taking place in the applications are expected to aid the market growth. However, the price volatility of the stevia leaf is a major impediment to the growth of the stevia industry. Nonetheless, Stevia leaf availability is affected by seasonal fluctuations and crop yield. The decrease in stevia cultivation is expected to have an impact on the growing demand for stevia, resulting in a supply shortage and higher prices during the forecast period.

Key Players

The major players in the market are Cargill, Ingredion Inc., PureCircle Ltd., Tate & Lyle PLC., Archer Daniels Midland Company, Evolva, Stevia Corp., GLG LIFE TECH CORP., Sunwin Stevia International, Inc. and HYET Sweet.

Verified Market Research has segmented the Global Stevia Market On the basis of Form, Application, and Geography.

• Stevia Market, By Form
• Stevia Leaves
• Dry Extract
• Liquid Extract
• Stevia Market, By Application
• Beverages
• Food Products
• Tabletop Sweeteners
• Pharmaceuticals
• Others
• Stevia Market, by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

Browse Related Reports:

Protein Snack Market By Product Type (Protein Bars And Jerky, Chips And Pretzels), By Nature (Organic, Conventional), By Distribution Channel (Independent Retailers, Convenience Stores), By Geography, Forecast, 2021-2028

Nutritional Yeast Market By Product Type (Inactivated Dry Yeast, Fortified Yeast), By Application (Food Industry, Beverage Industry, Nutrition), By Nature (Organic, Conventional), By Geography, Forecast, 2021-2028

Natural Health Supplements Market By Type (Dietary Supplements, Body Building Supplements, Eye Health Supplements), By Application (Cardiology, Rheumatic Disorders, Allergy), By Geography, Forecast, 2021-2028

Whole Leaf Extracted Stevia Market By Product (Dry, Liquid), By Application (Dairy, Bakery & Confectionery, Tabletop Sweeteners, Beverages, Convenience Foods), By Geography, Forecast, 2021-2028

Top 7 Dietary Supplement Brands making humans strong with essential supplements

Visualize Stevia Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/1315349/Verified_Market_Research_Logo.jpg