Stevia - Global Market Outlook (2017-2023)

Stevia - Global Market Outlook (2017-2023)

  • Published: August 2017
  • ID: SMRC16639

According to Stratistics MRC, the Global Stevia market is expected to grow from $447.47 million in 2016 to reach $1045.96 million by 2023 with a CAGR of 12.8%. Rising consumer awareness towards low caloric food across the world, changes in consumer preferences for sugar substitute products, zero calorie beverages, encouraging government initiatives, need to combat health problems like obesity and diabetes and rise in number of innovative product developments for stevia and stevia-based products are the major drivers in the market. The major challenge stevia market is observing is growing competition among various industries to compete with each other in bringing the best product with the best quality.

By extracts segment, the powdered extract is widely used across the world and hence it is the fastest growing in the market. Also by application the beverages segment is expected to witness huge growth due to burgeoning demand for low-calorie beverages such as juices, flavored water, sports drinks, energy drinks, and soft drinks that are unique and healthy. This is leading to a tough competition in the market with vendors competing on the basis of cost, quality, product discrimination, promotion, and distribution. The adoption of stevia as a sweetener by soft-drink market players such as The Coca-Cola Company (U.S.) and PepsiCo Inc. (U.S.) has strengthened its popularity among various global beverage manufacturers.

The Asia-Pacific region holds the largest market share for stevia due to growing population and rising incomes of consumers and rising investments from several multinational manufacturers from China, Japan and India. Stevia sweeteners are expected to find more buyers in this region as stevia is an important element of the sweeteners industry.

Some of the key players in the Stevia market are Archer Daniels Midland Company, Jhanil Healthcare Pvt. Ltd, Purevia, Sunwin Stevia Internaional Inc, Evolva Basel, Jining Aoxing Stevia Products Co. Ltd, Cargill, Purecircle Ltd, S&W Seed Company, Tate & Lyle PLC, Stevia Biotech Pvt. Ltd, Biosweet Ventures, Sweet Green Fields LLC, Zhucheng Haotian Pharmaceutical Co. Ltd, Real Stevia Company, Morita Kagaku Kogyo Co. Ltd, Stevia First Corporation, Van Wankum Ingredients, Pyure Brands LLC and Stevial.

Applications covered:
• Tabletop Sweeteners  
• Convenience Foods  
• Dairy  
• Bakery & Confectionery  
• Beverages
• Packaged Food Products 
• Snacks 
• Dietary Supplements
• Pharmaceuticals
• Other Applications

Extracts covered:
• Powdered
• Liquid
• Whole Leaf

Forms covered:
• Liquid
• Dry

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary  
    
2 Preface  
 
 2.1 Abstract  
 2.2 Stake Holders 
 2.3 Research Scope 
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources 
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
    
3 Market Trend Analysis 
 3.1 Introduction 
 3.2 Drivers  
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats  
 3.6 Application Analysis
 3.7 Emerging Markets 
 3.8 Futuristic Market Scenario
    
4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry 
    
5 Global Stevia Market, By Application
 5.1 Introduction 
 5.2 Tabletop Sweeteners 
 5.3 Convenience Foods 
 5.4 Dairy   
 5.5 Bakery & Confectionery 
 5.6 Beverages  
  5.6.1 Hot Drinks
  5.6.2 Energy Drinks 
  5.6.3 Soft Drinks
 5.7 Packaged Food Products
 5.8 Snacks  
 5.9 Dietary Supplements
 5.10 Pharmaceuticals 
 5.11 Other Applications 
    
6 Global Stevia Market, By Extract 
 6.1 Introduction 
 6.2 Powdered  
  6.2.1 Blends 
  6.2.2 Sweet Glycosides (40-50%)
  6.2.3 Sweet Glycosides (80-95%)
 6.3 Liquid  
  6.3.1 Dark Liquid 
  6.3.2 Clear Liquid
 6.4 Whole Leaf  
    
7 Global Stevia Market, By Form 
 7.1 Introduction 
 7.2 Liquid  
 7.3 Dry  
    
8 Global Stevia Market, By Geography
 8.1 Introduction 
 8.2 North America 
  8.2.1 US 
  8.2.2 Canada 
  8.2.3 Mexico 
 8.3 Europe  
  8.3.1 Germany 
  8.3.2 UK 
  8.3.3 France 
  8.3.4 Italy 
  8.3.5 Spain 
  8.3.6 Rest of Europe
 8.4 Asia Pacific 
  8.4.1 Japan 
  8.4.2 China 
  8.4.3 India 
  8.4.4 Australia 
  8.4.5 New Zealand
  8.4.6 South Korea
  8.4.7 Rest of Asia Pacific
 8.5 South America 
  8.5.1 Argentina
  8.5.2 Brazil 
  8.5.3 Chile 
  8.5.4 Rest of South America
 8.6 Middle East & Africa
  8.6.1 Saudi Arabia
  8.6.2 UAE 
  8.6.3 Qatar 
  8.6.4 South Africa
  8.6.5 Rest of Middle East & Africa
    
9 Key Developments  
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
 9.2 Acquisitions & Mergers
 9.3 New Product Launch
 9.4 Expansions 
 9.5 Other Key Strategies
    
10 Company Profiles  
 10.1 Archer Daniels Midland Company
 10.2 Jhanil Healthcare Pvt. Ltd. 
 10.3 Purevia  
 10.4 Sunwin Stevia Internaional Inc
 10.5 Evolva Basel 
 10.6 Jining Aoxing Stevia Products Co., Ltd
 10.7 Cargill   
 10.8 Purecircle Ltd  
 10.9 S&W Seed Company
 10.10 Tate & Lyle PLC 
 10.11 Stevia Biotech Pvt. Ltd
 10.12 Biosweet Ventures 
 10.13 Sweet Green Fields LLC
 10.14 Zhucheng Haotian Pharmaceutical Co., Ltd
 10.15 Real Stevia Company
 10.16 Morita Kagaku Kogyo Co., Ltd
 10.17 Stevia First Corporation
 10.18 Van Wankum Ingredients
 10.19 Pyure Brands LLC 
 10.20 Stevial  


List of Tables   
1 Global Stevia Market Analysis, By Region (2014-2023) ($MN)
2 Global Stevia Market Analysis, By Application (2014-2023) ($MN)
3 Global Stevia Market Analysis, By Tabletop Sweeteners (2014-2023) ($MN)
4 Global Stevia Market Analysis, By Convenience Foods (2014-2023) ($MN)
5 Global Stevia Market Analysis, By Dairy (2014-2023) ($MN)
6 Global Stevia Market Analysis, By Bakery & Confectionery (2014-2023) ($MN)
7 Global Stevia Market Analysis, By Beverages (2014-2023) ($MN)
8 Global Stevia Market Analysis, By Hot Drinks (2014-2023) ($MN)
9 Global Stevia Market Analysis, By Energy Drinks (2014-2023) ($MN)
10 Global Stevia Market Analysis, By Soft Drinks (2014-2023) ($MN)
11 Global Stevia Market Analysis, By Packaged Food Products (2014-2023) ($MN)
12 Global Stevia Market Analysis, By Snacks (2014-2023) ($MN)
13 Global Stevia Market Analysis, By Dietary Supplements (2014-2023) ($MN)
14 Global Stevia Market Analysis, By Pharmaceuticals (2014-2023) ($MN)
15 Global Stevia Market Analysis, By Other Applications (2014-2023) ($MN)
16 Global Stevia Market Analysis, By Extract (2014-2023) ($MN)
17 Global Stevia Market Analysis, By Powdered (2014-2023) ($MN)
18 Global Stevia Market Analysis, By Blends (2014-2023) ($MN)
19 Global Stevia Market Analysis, By Sweet Glycosides (40-50%) (2014-2023) ($MN)
20 Global Stevia Market Analysis, By Sweet Glycosides (80-95%) (2014-2023) ($MN)
21 Global Stevia Market Analysis, By Liquid (2014-2023) ($MN)
22 Global Stevia Market Analysis, By Dark Liquid (2014-2023) ($MN)
23 Global Stevia Market Analysis, By Clear Liquid (2014-2023) ($MN)
24 Global Stevia Market Analysis, By Whole Leaf (2014-2023) ($MN)
25 Global Stevia Market Analysis, By Form (2014-2023) ($MN)
26 Global Stevia Market Analysis, By Liquid (2014-2023) ($MN)
27 Global Stevia Market Analysis, By Dry (2014-2023) ($MN)
28 North America Stevia Market Analysis, By Country (2014-2023) ($MN)
29 North America Stevia Market Analysis, By Application (2014-2023) ($MN)
30 North America Stevia Market Analysis, By Tabletop Sweeteners (2014-2023) ($MN)
31 North America Stevia Market Analysis, By Convenience Foods (2014-2023) ($MN)
32 North America Stevia Market Analysis, By Dairy (2014-2023) ($MN)
33 North America Stevia Market Analysis, By Bakery & Confectionery (2014-2023) ($MN)
34 North America Stevia Market Analysis, By Beverages (2014-2023) ($MN)
35 North America Stevia Market Analysis, By Hot Drinks (2014-2023) ($MN)
36 North America Stevia Market Analysis, By Energy Drinks (2014-2023) ($MN)
37 North America Stevia Market Analysis, By Soft drinks (2014-2023) ($MN)
38 North America Stevia Market Analysis, By Packaged Food Products (2014-2023) ($MN)
39 North America Stevia Market Analysis, By Snacks (2014-2023) ($MN)
40 North America Stevia Market Analysis, By Dietary Supplements (2014-2023) ($MN)
41 North America Stevia Market Analysis, By Pharmaceuticals (2014-2023) ($MN)
42 North America Stevia Market Analysis, By Other Applications (2014-2023) ($MN)
43 North America Stevia Market Analysis, By Extract (2014-2023) ($MN)
44 North America Stevia Market Analysis, By Powdered (2014-2023) ($MN)
45 North America Stevia Market Analysis, By Blends (2014-2023) ($MN)
46 North America Stevia Market Analysis, By Sweet glycosides (40-50%) (2014-2023) ($MN)
47 North America Stevia Market Analysis, By Sweet glycosides (80-95%) (2014-2023) ($MN)
48 North America Stevia Market Analysis, By Liquid (2014-2023) ($MN)
49 North America Stevia Market Analysis, By Dark liquid (2014-2023) ($MN)
50 North America Stevia Market Analysis, By Clear liquid (2014-2023) ($MN)
51 North America Stevia Market Analysis, By Whole Leaf (2014-2023) ($MN)
52 North America Stevia Market Analysis, By Form (2014-2023) ($MN)
53 North America Stevia Market Analysis, By Liquid (2014-2023) ($MN)
54 North America Stevia Market Analysis, By Dry (2014-2023) ($MN)
55 Europe Stevia Market Analysis, By Country (2014-2023) ($MN)
56 Europe Stevia Market Analysis, By Application (2014-2023) ($MN)
57 Europe Stevia Market Analysis, By Tabletop Sweeteners (2014-2023) ($MN)
58 Europe Stevia Market Analysis, By Convenience Foods (2014-2023) ($MN)
59 Europe Stevia Market Analysis, By Dairy (2014-2023) ($MN)
60 Europe Stevia Market Analysis, By Bakery & Confectionery (2014-2023) ($MN)
61 Europe Stevia Market Analysis, By Beverages (2014-2023) ($MN)
62 Europe Stevia Market Analysis, By Hot drinks (2014-2023) ($MN)
63 Europe Stevia Market Analysis, By Energy drinks (2014-2023) ($MN)
64 Europe Stevia Market Analysis, By Soft drinks (2014-2023) ($MN)
65 Europe Stevia Market Analysis, By Packaged Food Products (2014-2023) ($MN)
66 Europe Stevia Market Analysis, By Snacks (2014-2023) ($MN)
67 Europe Stevia Market Analysis, By Dietary Supplements (2014-2023) ($MN)
68 Europe Stevia Market Analysis, By Pharmaceuticals (2014-2023) ($MN)
69 Europe Stevia Market Analysis, By Other Applications (2014-2023) ($MN)
70 Europe Stevia Market Analysis, By Extract (2014-2023) ($MN)
71 Europe Stevia Market Analysis, By Powdered (2014-2023) ($MN)
72 Europe Stevia Market Analysis, By Blends (2014-2023) ($MN)
73 Europe Stevia Market Analysis, By Sweet glycosides (40-50%) (2014-2023) ($MN)
74 Europe Stevia Market Analysis, By Sweet glycosides (80-95%) (2014-2023) ($MN)
75 Europe Stevia Market Analysis, By Liquid (2014-2023) ($MN)
76 Europe Stevia Market Analysis, By Dark liquid 2014-2023) ($MN)
77 Europe Stevia Market Analysis, By Clear liquid (2014-2023) ($MN)
78 Europe Stevia Market Analysis, By Whole Leaf (2014-2023) ($MN)
79 Europe Stevia Market Analysis, By Form (2014-2023) ($MN)
80 Europe Stevia Market Analysis, By Liquid (2014-2023) ($MN)
81 Europe Stevia Market Analysis, By Dry (2014-2023) ($MN)
82 Asia Pacific Stevia Market Analysis, By Country (2014-2023) ($MN)
83 Asia Pacific Stevia Market Analysis, By Application (2014-2023) ($MN)
84 Asia Pacific Stevia Market Analysis, By Tabletop Sweeteners (2014-2023) ($MN)
85 Asia Pacific Stevia Market Analysis, By Convenience Foods (2014-2023) ($MN)
86 Asia Pacific Stevia Market Analysis, By Dairy (2014-2023) ($MN)
87 Asia Pacific Stevia Market Analysis, By Bakery & Confectionery (2014-2023) ($MN)
88 Asia Pacific Stevia Market Analysis, By Beverages (2014-2023) ($MN)
89 Asia Pacific Stevia Market Analysis, By Hot drinks (2014-2023) ($MN)
90 Asia Pacific Stevia Market Analysis, By Energy drinks (2014-2023) ($MN)
91 Asia Pacific Stevia Market Analysis, By Soft drinks (2014-2023) ($MN)
92 Asia Pacific Stevia Market Analysis, By Packaged Food Products (2014-2023) ($MN)
93 Asia Pacific Stevia Market Analysis, By Snacks (2014-2023) ($MN)
94 Asia Pacific Stevia Market Analysis, By Dietary Supplements (2014-2023) ($MN)
95 Asia Pacific Stevia Market Analysis, By Pharmaceuticals (2014-2023) ($MN)
96 Asia Pacific Stevia Market Analysis, By Other Applications (2014-2023) ($MN)
97 Asia Pacific Stevia Market Analysis, By Extract (2014-2023) ($MN)
98 Asia Pacific Stevia Market Analysis, By Powdered (2014-2023) ($MN)
99 Asia Pacific Stevia Market Analysis, By Blends (2014-2023) ($MN)
100 Asia Pacific Stevia Market Analysis, By Sweet glycosides (40-50%) (2014-2023) ($MN)
101 Asia Pacific Stevia Market Analysis, By Sweet glycosides (80-95%) (2014-2023) ($MN)
102 Asia Pacific Stevia Market Analysis, By Liquid (2014-2023) ($MN)
103 Asia Pacific Stevia Market Analysis, By Dark liquid (2014-2023) ($MN)
104 Asia Pacific Stevia Market Analysis, By Clear liquid (2014-2023) ($MN)
105 Asia Pacific Stevia Market Analysis, By Whole Leaf (2014-2023) ($MN)
106 Asia Pacific Stevia Market Analysis, By Form (2014-2023) ($MN)
107 Asia Pacific Stevia Market Analysis, By Liquid (2014-2023) ($MN)
108 Asia Pacific Stevia Market Analysis, By Dry (2014-2023) ($MN)
109 South America Stevia Market Analysis, By Country (2014-2023) ($MN)
110 South America Stevia Market Analysis, By Application (2014-2023) ($MN)
111 South America Stevia Market Analysis, By Tabletop Sweeteners (2014-2023) ($MN)
112 South America Stevia Market Analysis, By Convenience Foods (2014-2023) ($MN)
113 South America Stevia Market Analysis, By Dairy (2014-2023) ($MN)
114 South America Stevia Market Analysis, By Bakery & Confectionery (2014-2023) ($MN)
115 South America Stevia Market Analysis, By Beverages (2014-2023) ($MN)
116 South America Stevia Market Analysis, By Hot drinks (2014-2023) ($MN)
117 South America Stevia Market Analysis, By Energy drinks (2014-2023) ($MN)
118 South America Stevia Market Analysis, By Soft drinks (2014-2023) ($MN)
119 South America Stevia Market Analysis, By Packaged Food Products (2014-2023) ($MN)
120 South America Stevia Market Analysis, By Snacks (2014-2023) ($MN)
121 South America Stevia Market Analysis, By Dietary Supplements (2014-2023) ($MN)
122 South America Stevia Market Analysis, By Pharmaceuticals (2014-2023) ($MN)
123 South America Stevia Market Analysis, By Other Applications (2014-2023) ($MN)
124 South America Stevia Market Analysis, By Extract (2014-2023) ($MN)
125 South America Stevia Market Analysis, By Powdered (2014-2023) ($MN)
126 South America Stevia Market Analysis, By Blends (2014-2023) ($MN)
127 South America Stevia Market Analysis, By Sweet glycosides (40-50%) (2014-2023) ($MN)
128 South America Stevia Market Analysis, By Sweet glycosides (80-95%) (2014-2023) ($MN)
129 South America Stevia Market Analysis, By Dark liquid (2014-2023) ($MN)
130 South America Stevia Market Analysis, By Clear liquid (2014-2023) ($MN)
131 South America Stevia Market Analysis, By Liquid (2014-2023) ($MN)
132 South America Stevia Market Analysis, By Whole Leaf (2014-2023) ($MN)
133 South America Stevia Market Analysis, By Form (2014-2023) ($MN)
134 South America Stevia Market Analysis, By Liquid (2014-2023) ($MN)
135 South America Stevia Market Analysis, By Dry (2014-2023) ($MN)
136 Middle East & Africa Stevia Market Analysis, By Country (2014-2023) ($MN)
137 Middle East & Africa Stevia Market Analysis, By Application (2014-2023) ($MN)
138 Middle East & Africa Stevia Market Analysis, By Tabletop Sweeteners (2014-2023) ($MN)
139 Middle East & Africa Stevia Market Analysis, By Convenience Foods (2014-2023) ($MN)
140 Middle East & Africa Stevia Market Analysis, By Dairy (2014-2023) ($MN)
141 Middle East & Africa Stevia Market Analysis, By Bakery & Confectionery (2014-2023) ($MN)
142 Middle East & Africa Stevia Market Analysis, By Beverages (2014-2023) ($MN)
143 Middle East & Africa Stevia Market Analysis, By Hot drinks (2014-2023) ($MN)
144 Middle East & Africa Stevia Market Analysis, By Energy drinks (2014-2023) ($MN)
145 Middle East & Africa Stevia Market Analysis, By Soft drinks (2014-2023) ($MN)
146 Middle East & Africa Stevia Market Analysis, By Packaged Food Products (2014-2023) ($MN)
147 Middle East & Africa Stevia Market Analysis, By Snacks (2014-2023) ($MN)
148 Middle East & Africa Stevia Market Analysis, By Pharmaceuticals (2014-2023) ($MN)
149 Middle East & Africa Stevia Market Analysis, By Dietary Supplements (2014-2023) ($MN)
150 Middle East & Africa Stevia Market Analysis, By Other Applications (2014-2023) ($MN)
151 Middle East & Africa Stevia Market Analysis, By Extract (2014-2023) ($MN)
152 Middle East & Africa Stevia Market Analysis, By Powdered (2014-2023) ($MN)
153 Middle East & Africa Stevia Market Analysis, By Blends (2014-2023) ($MN)
154 Middle East & Africa Stevia Market Analysis, By Sweet glycosides (40-50%) (2014-2023) ($MN)
155 Middle East & Africa Stevia Market Analysis, By Sweet glycosides (80-95%) (2014-2023) ($MN)
156 Middle East & Africa Stevia Market Analysis, By Dark liquid (2014-2023) ($MN)
157 Middle East & Africa Stevia Market Analysis, By Clear liquid (2014-2023) ($MN)
158 Middle East & Africa Stevia Market Analysis, By Liquid (2014-2023) ($MN)
159 Middle East & Africa Stevia Market Analysis, By Whole Leaf (2014-2023) ($MN)
160 Middle East & Africa Stevia Market Analysis, By Form (2014-2023) ($MN)
161 Middle East & Africa Stevia Market Analysis, By Liquid (2014-2023) ($MN)
162 Middle East & Africa Stevia Market Analysis, By Dry (2014-2023) ($MN)

1. What do I do if I have a query on this report?
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
2. Is the sample available for this report? Can I request the sample with my specific requirements?
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
3. Format of the report?
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
4. Services prior to purchase and after purchase?
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
5. License Type and Delivery?
We have 3 different licensing options available in electronic format.
  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment
6. Purchase procedure and Invoicing?
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards
7. Post sale support?
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Single User License (PDF)

 

2 - 5 User License (PDF)

 

Site License (PDF)

 

Corporate License (PDF)

 

Have a Question?


Know our Methodology

WHY CHOOSE US ?

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Adding more values to your product of interest.

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials