Stevia Market, Global Outlook and Forecast 2023-2029

Stevia/stevia rebaudiana is a sweetener and sugar substitute extracted from the leaves of the plant species stevia/stevia rebaudiana rebaudiana, native to paraguay. The leaves of the stevia/stevia rebaudiana rebaudiana plant have a refreshing taste, zeroglycemic index, zero calories and zero carbs.
This report aims to provide a comprehensive presentation of the global market for Stevia, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Stevia. This report contains market size and forecasts of Stevia in global, including the following market information:
Global Stevia Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Stevia Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Stevia companies in 2022 (%)
The global Stevia market was valued at US$ 614.5 million in 2022 and is projected to reach US$ 1017.1 million by 2029, at a CAGR of 7.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Reb-A Series Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Stevia include Purecircle Limited, Qufu Xiangzhou Stevia, Layn, Zhucheng Haotian, Cargill (Evolva), Sunwin Stevia International, GLG Life Tech, Tate & Lyle and Morita Kagakau Kogyo, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Stevia manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Stevia Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Stevia Market Segment Percentages, by Type, 2022 (%)
    Reb-A Series
    STV Series
    Glucosyl Stevia
    Reb M
    Reb D
Global Stevia Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Stevia Market Segment Percentages, by Application, 2022 (%)
    Health Care Products
    Food
    Beverage
    Pharmaceutical Industry
    Cosmetics
    Others
Global Stevia Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Stevia Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Stevia revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Stevia revenues share in global market, 2022 (%)
Key companies Stevia sales in global market, 2018-2023 (Estimated), (MT)
Key companies Stevia sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Purecircle Limited
    Qufu Xiangzhou Stevia
    Layn
    Zhucheng Haotian
    Cargill (Evolva)
    Sunwin Stevia International
    GLG Life Tech
    Tate & Lyle
    Morita Kagakau Kogyo
    Tianjin Jianfeng
    Hunan NutraMax
    HuZhou LiuYin Biological
Outline of Major Chapters:
Chapter 1: Introduces the definition of Stevia, market overview.
Chapter 2: Global Stevia market size in revenue and volume.
Chapter 3: Detailed analysis of Stevia manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Stevia in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Stevia capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.