Stevia Market Size, Share, Price Trends and Analysis 2022-2027

Press Release:

Global Stevia Market to Reach US$ 1,054.5 Million by 2027, Propelled by the Increasing Health Consciousness among Consumers

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Stevia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global stevia market reached a value of US$ 644 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,054.5 Million by 2027, exhibiting a CAGR of 8.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Stevia is a natural sweetener extracted from the plant species called Stevia Rebaudiana. It is a completely natural and zero-calorie sweetener that is 200 times sweeter than sugar. Stevia also contains a wealth of antioxidant compounds, including flavonoids, triterpenes, tannins, caffeic acid, kaempferol, and quercetin. With the rising awareness and a large number of health benefits associated with its consumption, consumers are widely substituting sugar with stevia. Numerous food and beverage manufacturers are also utilizing it in coffee, tea, smoothies and yogurt to offer products with a lower calorie count.

Stevia is known to provide several health benefits, such as controlling diabetes, aiding weight loss and regulating blood pressure and sugar levels. The growing awareness about these advantages has led to an increase in its demand, owing to which it is now commercially grown across the globe. Besides this, stevia acts as a steroid and helps in preventing the proliferation of bacteria due to which it is used in topical applications for skin conditions, such as eczema and dermatitis. Other than this, the health-conscious consumers are becoming more inclined toward low-calorie sweeteners like stevia, which in turn is boosting its sales around the world. Some of the other factors influencing the market growth are changing lifestyles, growing disposable incomes and several initiatives undertaken by the governments of various countries to minimize sugar intake so as to combat health problems like obesity and diabetes.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global stevia market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on extract type and end use.

Breakup by Extract Type:

Powder
Liquid
Leaf

Powdered stevia accounts for the majority of the global market share as it is less grainy than table sugar and is available in a variety of convenient packaging formats such as sachets, jars and bottles.

Breakup by End Use:

Beverages
Food Products
Table Top Sweeteners
Pharmaceuticals
Others

Amongst these, beverages exhibit a clear dominance in the market, as stevia and stevia-based products are used as sweeteners in various beverages such as juices, soft drinks, energy drinks and tea.

Regional Insights:

Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
North America
- United States
- Canada
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others

Region-wise, Asia Pacific holds the leading position in the market. This can be accredited to the increasing health-consciousness among consumers, owing to which they have become more inclined toward low-calorie products, including stevia.

Competitive Landscape:

The competitive landscape of the market has also been analyzed in the report. It is characterized by the presence of small- and large-scale manufacturers who compete in terms of quality and prices.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2021
Historical Period	2016-2021
Forecast Period	2022-2027
Units	US$ Million, Metric Tons
Segment Coverage	Extract Type, End Use, Region
Region Covered	Asia Pacific, North America, Europe, Middle East and Africa, Latin America
Countries Covered	China, Japan, India, South Korea, Australia, Indonesia, United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Saudi Arabia, Iran, United Arab Emirates, Brazil, Mexico, Argentina, Colombia, Chile, Peru
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the global stevia market performed so far and how will it perform in the coming years?
What are the key regions in the market?
What has been the impact of COVID-19 on the global stevia market?
What are the major end use industries in the market?
What are the popular extract types in the industry?
What are the price trends of stevia?
What are the key success and risk factors in the market?
Who are the key manufacturers in the market?
How is stevia manufactured?
What are the raw material requirements for the manufacturing of stevia?
What is the supply-demand of various feedstocks that are used in the manufacturing of stevia?
Who are the key manufacturers of stevia feedstock?

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Paints and Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Activated Carbon Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Smart Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Chromate Conversion Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

10% Free customization

Purchase Options

Single User License $ 2499
Five User License $ 3499
Corporate License $ 4499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )

Drop us an email at

sales@imarcgroup.com

Change Language
Select Language

Press Release:

Stevia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

Key Market Segmentation:

Competitive Landscape:

Report Coverage:

Key Questions Answered in This Report:

Need more help?

Related Report

Social Links

Change Language Select Language

Stevia Market

Press Release:

Stevia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

Key Market Segmentation:

Competitive Landscape:

Report Coverage:

Key Questions Answered in This Report:

Need more help?

Related Report

Social Links

Change Language
Select Language