Stevia Market Analysis and Forecast to 2031: By Nature (Organic Stevia, Conventional Stevia), Type (Liquid Extract, Powder Extract), Application (Dairy Food Products, Bakery Products, Beverages, Packaged Food Products, and Dietary Supplements), and Region

Stevia is a shrub that is native to South America. The leaves of the stevia plant have been used for centuries by the Guaraní people of Paraguay and Brazil to sweeten teas and medicinal concoctions. The plant was first introduced to Westerners in the early 1900s by Swiss botanist Moises Santiago Bertoni, who was studying the indigenous people of Paraguay. In the 1970s, Japanese chemists isolated the compounds in stevia that are responsible for its sweetness, and the product began to be used as a sugar substitute in Japan. Today, stevia is used as a sugar substitute in a variety of food and beverage products around the world.

Key Trends

The key trends in Stevia technology are the development of new methods for its cultivation, extraction, and purification. In addition, new uses for Stevia are being explored, such as its use as a natural sweetener in food and beverage products.

The cultivation of Stevia has traditionally been done through manual labor, but new methods are being developed that make use of mechanization and automation. These methods can help to improve the efficiency and yield of Stevia production.

The extraction and purification of Stevia have also been improved through the development of new technologies. These technologies can help to improve the quality of the final product and make it more consistent.

Finally, new uses for Stevia are being explored. For example, Stevia is being used as a natural sweetener in food and beverage products. This is a growing trend as consumers become more interested in healthy and natural products.

Key Drivers

The key drivers of the Stevia market are the increasing demand for natural and zero-calorie sweeteners, and the growing awareness of the health benefits of Stevia. The Stevia market is also driven by the increasing number of health-conscious consumers and the growing preference for plant-based sweeteners.

Restraints & Challenges

The key restraints and challenges in Stevia market are as follows:

1. The high cost of stevia leaves is a key challenge for the market growth.

2. Stringent regulations regarding the use of stevia as a food additive is another challenge for the market.

3. The lack of awareness about the health benefits of stevia is a key challenge for the market.

4. The bitter aftertaste of stevia is a challenge for the market growth.

Market Segments

The Stevia Market is segmented by nature, type, application, and region. By nature, the market is divided into organic stevia and conventional stevia. Based on type, it is bifurcated into liquid extract, powder extract and stevia leaves. On the basis of application, it is classified into dairy food products, bakery products, beverages, packaged food products and dietary supplements. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Stevia Market includes players such as Cargill Incorporated, Ingredion Incorporated, Koninklijke DSM NV, Tate and Lyle Plc., Sunwin Stevia International, Inc., GLG Life Tech Corp., Evolva Holding SA Nemours & Co., Archer Daniels Midland Company, Stevia Nutra Corp. and Pyure Brands LLC.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Stevia Market Outlook
3.1. Stevia Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Stevia Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Stevia Market
4.3. Economic Impact Analysis

Chapter 5. Stevia Market by Nature
5.1. Market Overview
5.2. Organic Stevia
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Conventional Stevia
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Stevia Market by Type
6.1. Market Overview
6.2. Liquid Extract
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Powder Extract
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Stevia Leaves
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Stevia Market by Application
7.1. Market Overview
7.2. Dairy Food Products
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Bakery Products
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Beverages
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Packaged Food Products
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.6. Dietary Supplements
7.6.1. Market Size and Forecast, 2021-2031 ($Million)
7.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Stevia Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.2.3. North America Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.4. North America Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.5. North America Stevia Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.2.6.2. The U.S. Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.6.3. The U.S. Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.2.7.2. Canada Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.7.3. Canada Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.2.8.2. Mexico Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.2.8.3. Mexico Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.3.3. Europe Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.4. Europe Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.5. Europe Stevia Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.3.6.2. Germany Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.6.3. Germany Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.3.7.2. France Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.7.3. France Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.3.8.2. U.K. Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.8.3. U.K. Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.3.9.2. Spain Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.9.3. Spain Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.3.10.2. Italy Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.10.3. Italy Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Stevia Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.4. Asia-Pacific Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.4.5. Asia-Pacific Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.4.6.2. China Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.6.3. China Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.4.7.2. India Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.7.3. India Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.4.8.2. Japan Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.8.3. Japan Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.4.9.2. South Korea Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.9.3. South Korea Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.5.3. Rest of the World Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.4. Rest of the World Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.5. Rest of the World Stevia Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.5.6.2. Latin America Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.6.3. Latin America Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.5.7.2. Middle East Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.7.3. Middle East Stevia Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Stevia Market Size and Forecast by Nature, 2021-2031, ($Million)
8.5.8.2. Africa Stevia Market Size and Forecast by Type, 2021-2031, ($Million)
8.5.8.3. Africa Stevia Market Size and Forecast by Application, 2021-2031, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. Cargill Incorporated
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Ingredion Incorporated
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Koninklijke DSM NV
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Tate and Lyle Plc.
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Sunwin Stevia International, Inc.
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. GLG Life Tech Corp
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Evolva Holding SA Nemours & Co
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Archer Daniels Midland Company
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Stevia Nutra Corp.
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Pyure Brands LLC
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

 

 

 

 

 

 

 

 

 

 

 

 

Market Segments

By Nature

  • Organic Stevia
  • Conventional Stevia

By Type

  • Liquid Extract
  • Powder Extract
  • Stevia Leaves

By Application

  • Dairy Food Products
  • Bakery Products
  • Beverages
  • Packaged Food Products
  • Dietary Supplements

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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