Stevia Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031

Posted April 8, 2024 by mansi3210

Stevia Market is anticipated to grow at a considerable CAGR of 9.4% during the forecast period.

Stevia Market is anticipated to grow at a considerable CAGR of 9.4% during the forecast period. The beverage industry in the US is flourishing, owing to a strong export and import sector, a big client base, and rising affordability. Soft drink sales represent one of the fastest-growing categories of the beverage market in the US. According to the Beverage Digest, carbonated soft drink sales accounted for $2.9 billion of the nation's $146 billion beverage market in 2019. Coca-Cola Zero Sugar was declared the fastest growing soft drink in the survey, with an 11.5% increase in retail value and an 8% increase in volume.

Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in November 2018, Cargill Inc announced a partnership with Royal DSM to produce highly sought-after sweet-tasting molecules such as steviol glycosides Reb M and Reb D through fermentation, providing food and beverage manufacturers with an even more scalable, sustainable, and low cost-in-use solution under the EverSweet brand. Further, in March 2019, Tate & Lyle announced its partnership with Sweet Green Fields (SGF) to introduce ZOLESSE, a glucosylated stevia extract labelled as a natural flavor. ZOLESSE, a new natural flavour is an effort to enable food and beverage companies produce great-tasting products that match rising customer demand for clean-label ingredients at a lower cost than alternatives.

To Request a Sample of our Report on Stevia Market:

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

• By Product form

• By Application

Regions Covered

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- GLG Life Tech Corp., Ingredion Inc, Tate & Lyle PLC, The Coca-Cola Co, PepsiCo Inc., Cargill Inc., Evolva Holding S.A.

Stevia Market Report by Segment

By Product Form

• Powder

• Liquid

• Leaf

By Application

• Bakery

• Dairy Food Products

• Beverages

• Dietary Supplements

• Confectionery

• Others (Convenience foods)

A full Report of Stevia Market is Available @

Stevia Market Report Segment by Region

North America

· United States

· Canada


· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe


· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

• Archer Daniels Midland Company

• Cargill Inc

• Evolva Holding SA

• GLG Life Tech Corporation

• Guilin Layn Natural Ingredients Corp

• Haihang Indsutry Co

• Hyet Sweet BV

• Ingredion Inc

• Koninklijke DSM NV

• Morita Kagakau Kogyo Co. Ltd.

• PepsiCo Inc.

• Purecircle Limited

• PureCircle Ltd

• Pyure Brands LLC

• S&W Seed Company

• Stevia Biotech Pvt Ltd

• Sunwin Stevia International, Inc.

• Tate & Lyle PLC

• Van Wankum Ingredients BV

• Zhucheng Haotian Pharm Co. Ltd

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 7803040404
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Issued By MANSI
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Country India
Categories Business , Food , Nutrition
Last Updated April 8, 2024