Stevia Market Scope And Analysis

  • Report Code : TIPRE00004710
  • Category : Food and Beverages
  • No. of Pages : 150
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Stevia Market Analysis, Size, and Growth (2023-2031)

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Stevia Market Report Stevia Market Size and Share Stevia Market Scope and Analysis

Stevia Market Report Scope

Report Attribute Details
Market size in 2023 US$ 636.97 Million
Market Size by 2031 US$ 1,241.95 Million
Global CAGR (2023 - 2031) 8.7%
Historical Data 2021-2022
Forecast period 2023-2031
Segments Covered By Type
  • Whole Leaf
  • Powder
  • Liquid
By Application
  • Dairy and Frozen Desserts
  • Bakery and Confectionery
  • Tabletop Sweeteners
  • Beverages
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Cargill Incorporated
  • Ingredion Incorporated
  • Tate Lyle PLC
  • GLG LIFE TECH CORP
  • ADM
  • Sunwin Stevia International Inc
  • S W Seed Company
  • Morita Kagaku Kogyo Co Ltd
  • Zhucheng Haotian Pharm Co Ltd
  • PureCircle
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    Stevia Market News and Recent Developments

    The stevia market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the stevia market are listed below:

    • Tate & Lyle PLC (Tate & Lyle), a world leader in ingredient solutions for healthier food and beverages, is pleased to announce a new addition to its sweetener portfolio – TASTEVA® SOL Stevia Sweetener. An internationally patent protected breakthrough in stevia technology, this addition expands Tate & Lyle’s ability to help customers solve stevia solubility issues in food and beverages and helps deliver on consumer demand for healthier and tastier, sugar and calorie reduced products. (Source: Tate and Lyle, Company Website, July 2023)
    • Ingredion Incorporated (NYSE: INGR), a leading global provider of specialty ingredients to the food and beverage industry, announces the expansion of PureCircle™ by Ingredion’s stevia production facility in Malaysia, further extending its position as the largest scale operator for stevia ingredients from bioconversion. This expansion grows PureCircle’s bioconversion technology capacity, supporting four times the current capacity for these ingredients. The investment significantly increases the scale and supply of the best-tasting stevia leaf ingredients for replacing sugar and artificial sweeteners across food and beverage categories.. (Ingredion, Press Release, November 2023)

    Stevia Market Report Coverage and Deliverables

    The “Stevia Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Stevia market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Stevia market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • stevia market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the stevia market
    • Detailed company profiles