PUBLISHER: IMARC | PRODUCT CODE: 1518633
PUBLISHER: IMARC | PRODUCT CODE: 1518633
The North America stevia market size reached 2,765.0 Tons in 2023. Looking forward, IMARC Group expects the market to reach 4,902.4 Tons by 2032, exhibiting a growth rate (CAGR) of 6.4% during 2024-2032.
Stevia is a type of natural sweetener which is extracted from Stevia Rebaudiana, an herbal plant species. The sweetness in the plant occurs due to the presence of two active compounds, namely Stevioside and Rebaudioside A. Based on its sweetening properties, stevia acts as a natural alternative to sugar or artificial sweeteners. As a result, it finds wide applications in the food and beverages, and pharmaceuticals industry.
North America stevia market is currently being driven by several factors. The rising health consciousness among consumers about the low-calorie levels contained in stevia-based products is catalyzing the demand in the region. Stevia helps in controlling diabetes, regulating blood pressure, relaxing blood vessels, reducing cardiovascular disorders and eliminating excess sodium from the blood. Owing to this, stevia is being used in the preparation of numerous food products and beverages such as coffee, tea, smoothies, and yogurt. Furthermore, the rising demand for low-calorie drinks has further influenced the demand for stevia in the region.
IMARC Group provides an analysis of the key trends in each segment of the North America stevia market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on extract type and end use.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Extract Type
Powder
Liquid
Leaf
Market by End Use
Beverages
Food Products
Table-Top Sweeteners
Pharmaceuticals
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles