Stevia Market Share and Business Opportunities 2031
Stevia Market: Strategic Insights
Stevia Market
-
CAGR (2023 - 2031)8.7% -
Market Size 2023
US$ 636.97 Million -
Market Size 2031
US$ 1,241.95 Million
Market Dynamics
GROWTH DRIVERS
- Growing demand for natural sweeteners
- Increasing consumer preference for low-calorie food
- Rising awareness of health issues related to sugar
FUTURE TRENDS
- Growth in stevia-based sweeteners
- Focus on clean-label and natural ingredients
- Rising demand for stevia in food and beverage innovation
OPPORTUNITIES
- Growth in bioplastics production
- Technological advancements in lactic acid fermentation
- Growth in lactic acid-based cosmetics
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Whole Leaf
- Powder
- Liquid
Application - Dairy and Frozen Desserts
- Bakery and Confectionery
- Tabletop Sweeteners
- Beverages
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