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Europe Stevia Market Report and Forecast 2024-2032

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    Report

  • 159 Pages
  • February 2024
  • Region: Europe
  • Expert Market Research
  • ID: 5944390
Europe Stevia Market Report and Forecast 2024-2032

Market Outlook

According to the report, the Europe stevia market is projected to grow at a CAGR of 10.7% between 2024 and 2032. Aided by the rising demand for natural sweeteners and healthier food options, the market is expected to grow significantly by 2032.

Stevia, a natural sweetener derived from the leaves of the Stevia rebaudiana plant, has gained significant traction in Europe due to its zero-calorie content and ability to maintain blood sugar levels. Its widespread use spans various products, including beverages, dairy, confectionery, and bakery items.

The increasing health consciousness among European consumers is a major driver of the Europe stevia market growth. With a growing emphasis on reducing sugar intake and preventing health issues like obesity and diabetes, Stevia has emerged as a preferred alternative to traditional sugar and artificial sweeteners.

Moreover, the trend towards natural and organic products further propels the demand for stevia. Consumers are increasingly seeking clean-label products with fewer artificial ingredients, and stevia fits well within this preference, offering a natural, plant-based sweetening option.

The European Union's regulations on food additives and sugar reduction targets also influenced the Europe stevia market outlook. These regulations promote the use of natural sweeteners like stevia in food and beverage products, thereby encouraging market growth.

The future of the stevia market looks promising, with continued growth expected due to the rising demand for natural, healthier sweetening alternatives. Innovations in product formulations and the introduction of stevia in various food and beverage products is further likely to aid the Europe stevia market demand.

The stevia market in Europe is poised for steady growth, driven by the increasing consumer demand for natural sweeteners, health-conscious trends, and supportive regulations. The market's development will depend on addressing the challenges of consumer education and competition, while capitalising on the opportunities presented by changing consumer preferences and health trends.

Market Segmentation

The market can be divided based on extract type, application, and country.

Market Breakup by Extract Type

  • Leaf
  • Powder
  • Liquid

Market Breakup by Application

  • Food and Beverages
  • Oral Care
  • Pharmaceuticals
  • Dairy
  • Others

Market Breakup by Country

  • Germany
  • United Kingdom
  • France
  • Italy
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe stevia market. Some of the major players explored in the report are as follows:
  • HSWT France SAS
  • Cargill, Incorporated
  • Tate & Lyle PLC
  • Archer Daniels Midland Company
  • Ingredion Incorporated
  • Stévial
  • Others


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Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Europe
7 Opportunities and Challenges in the Market
8 Global Stevia Market Overview
8.1 Key Industry Highlights
8.2 Global Stevia Historical Market (2018-2023)
8.3 Global Stevia Market Forecast (2024-2032)
8.4 Global Stevia Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Latin America
8.4.4 Middle East and Africa
8.4.5 Asia Pacific
9 Europe Stevia Market Analysis
9.1 Key Industry Highlights
9.2 Europe Stevia Historical Market (2018-2023)
9.3 Europe Stevia Market Forecast (2024-2032)
9.4 Europe Stevia Market by Extract Type
9.4.1 Leaf
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Powder
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.3 Liquid
9.4.3.1 Historical Trend (2018-2023)
9.4.3.2 Forecast Trend (2024-2032)
9.5 Europe Stevia Market by Application
9.5.1 Food and Beverages
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Oral Care
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Pharmaceuticals
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Dairy
9.5.4.1 Historical Trend (2018-2023)
9.5.4.2 Forecast Trend (2024-2032)
9.5.5 Others
9.6 Europe Stevia Market by Country
9.6.1 Germany
9.6.2 United Kingdom
9.6.3 France
9.6.4 Italy
9.6.5 Others
10 Regional Analysis
10.1 Germany
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 United Kingdom
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Europe Stevia Market Price Analysis
12.1 Germany Historical Price Trends (2018-2023) & Forecast (2024-2032)
12.2 France Historical Price Trends (2018-2023) & Forecast (2024-2032)
12.3 United Kingdom Historical Price Trends (2018-2023) & Forecast (2024-2032)
12.4 Spain Historical Price Trends (2018-2023) & Forecast (2024-2032)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 HSWT France SAS
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Cargill, Incorporated
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Tate & Lyle PLC
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Archer Daniels Midland Company
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Ingredion Incorporated
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Stévial
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.6 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Stevia Market: Key Industry Highlights, 2016 and 2026
2. Europe Stevia Market: Key Industry Highlights, 2018 and 2032
3. Europe Stevia Historical Market: Breakup by Extract Type (USD Million), 2018-2023
4. Europe Stevia Market Forecast: Breakup by Extract Type (USD Million), 2024-2032
5. Europe Stevia Historical Market: Breakup by Application (USD Million), 2018-2023
6. Europe Stevia Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Europe Stevia Historical Market: Breakup by Country (USD Million), 2018-2023
8. Europe Stevia Market Forecast: Breakup by Country (USD Million), 2024-2032
9. Europe Historical Price Trends and Forecast 2018-2028
10. Europe Stevia Market Structure

Companies Mentioned

  • HSWT France SAS
  • Cargill Incorporated
  • Tate & Lyle PLC
  • Archer Daniels Midland Company
  • Ingredion Incorporated
  • Stévial

Methodology

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Table Information