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The stevia market is forecasted to grow by USD 310.2 million during 2023-2028, accelerating at a CAGR of 8.08% during the forecast period. The report on the stevia market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for natural sweeteners, frequent stevia-based product launches, and rising M&A among players.
The stevia market is segmented as below:
By Application
- Beverage sector
- Food sector
- Pharmaceuticals and other
By Type
- Powder extract
- Liquid extract
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the stevia market covers the following areas:
- Stevia market sizing
- Stevia market forecast
- Stevia market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global stevia market: Archer Daniels Midland Co., Cargill Inc., Daepyung Co. Ltd., Fraken Biochem Co. Ltd., Guilin Layn Natural Ingredients Corp., HOWTIAN, Hunan Nutramax Inc., Ingredion Inc., MANUS BIO, Morita Kagaku Kogyo Co. Ltd., Nutraceutical Corp., S and W Seed Co., Sunrise Nutrachem Group Co. Ltd., Sunwin Stevia International Inc., SweeGen Inc., Tate and Lyle PLC, The Real Stevia Co. AB, Van Wankum Ingredients BV, Wisdom Natural Brands, and Zydus Lifesciences Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased demand for stevia from nutraceutical industry."
According to the report, one of the major drivers for this market is the high demand for natural sweeteners.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Archer Daniels Midland Co.
- Cargill Inc.
- Daepyung Co. Ltd.
- Fraken Biochem Co. Ltd.
- Guilin Layn Natural Ingredients Corp.
- HOWTIAN
- Hunan Nutramax Inc.
- Ingredion Inc.
- MANUS BIO
- Morita Kagaku Kogyo Co. Ltd.
- Nutraceutical Corp.
- S and W Seed Co.
- Sunrise Nutrachem Group Co. Ltd.
- Sunwin Stevia International Inc.
- SweeGen Inc.
- Tate and Lyle Plc
- The Real Stevia Co. AB
- Van Wankum Ingredients BV
- Wisdom Natural Brands
- Zydus Lifesciences Ltd.
