Report overview
Stevia, also known as stevioside, is a glycoside extracted from the leaves of the Asteraceae plant and it is native to Paraguay and Brazil. Stevia has the characteristics of high sweetness which is 200-300 times that of sucrose and low calorie energy which is only 1/300 of sucrose. Stevia is a natural sweetener that has been used in South America as a herb and sugar substitute for hundreds of years.
This report aims to provide a comprehensive presentation of the global market for Food and Beverage 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 Food and Beverage Stevia. This report contains market size and forecasts of Food and Beverage Stevia in global, including the following market information:
Global Food and Beverage Stevia Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Food and Beverage Stevia Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Food and Beverage Stevia companies in 2022 (%)
The global Food and Beverage Stevia market was valued at US$ 462.3 million in 2022 and is projected to reach US$ 641.2 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global top five manufacturers of food and beverage stevia occupied for a share over 65 percent, key players are Haotian?Pharm, PureCircle?(Ingredion), Shandong?Shengxiangyuan, Cargill and Sunwin?Stevia. Geographically speaking, Asia Pacific holds the most of global market share, about 40%. North America holds about 35% of share, while Europe followed by nearly 15%. In terms of product, Reb-A series are the largest segment, with a share over 50%. And in terms of application, the largest application is beverage, which takes over 50%.
We surveyed the Food and Beverage 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 Food and Beverage Stevia Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Food and Beverage Stevia Market Segment Percentages, by Type, 2022 (%)
Liquid Extract
Powder Extract
Leaf Extract
Global Food and Beverage Stevia Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Food and Beverage Stevia Market Segment Percentages, by Application, 2022 (%)
Diabetic
Non-diabetics
Global Food and Beverage Stevia Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Food and Beverage 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 Food and Beverage Stevia revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Food and Beverage Stevia revenues share in global market, 2022 (%)
Key companies Food and Beverage Stevia sales in global market, 2018-2023 (Estimated), (MT)
Key companies Food and Beverage Stevia sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nestle S.A.
Evolva Holdings S.A.
Stevia Corp.
Pepsico Inc.
Cargill Inc.
GLG Life Tech Corp.
PureCircle
The Coca Cola Company
Tate & Lyle
Outline of Major Chapters:
Chapter 1: Introduces the definition of Food and Beverage Stevia, market overview.
Chapter 2: Global Food and Beverage Stevia market size in revenue and volume.
Chapter 3: Detailed analysis of Food and Beverage 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 Food and Beverage 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 Food and Beverage 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.
