Global Stevia Market 2024-2028

Description

List of Tables

The stevia market is forecasted to grow by USD 310.2 mn during 2023-2028, accelerating at a CAGR of 8.08% during the forecast period. The report on the stevia market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for natural sweeteners, frequent stevia-based product launches, and rising m and a among players.

Technavio's stevia market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.32%
CAGR	8.08%
Incremental Value	$310.2 mn

By Application

Beverage sector
Food sector
Pharmaceuticals and other

By Type

Powder extract
Liquid extract

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increased demand for stevia from nutraceutical industry as one of the prime reasons driving the stevia market growth during the next few years. Also, changing consumer preferences and increasing online penetration will lead to sizable demand in the market.

The report on the stevia market covers the following areas:

Stevia market sizing
Stevia market forecast
Stevia market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading stevia market vendors that include Archer Daniels Midland Co., Cargill Inc., Daepyung Co. Ltd., Fraken Biochem Co. Ltd., Guilin Layn Natural Ingredients Corp., HOWTIAN, Hunan Nutramax Inc., Ingredion Inc., MANUS BIO, Morita Kagaku Kogyo Co. Ltd., Nutraceutical Corp., S and W Seed Co., Sunrise Nutrachem Group Co. Ltd., Sunwin Stevia International Inc., SweeGen Inc., Tate and Lyle PLC, The Real Stevia Co. AB, Van Wankum Ingredients BV, Wisdom Natural Brands, and Zydus Lifesciences Ltd.. Also, the stevia market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75343

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Stevia Market 2018 - 2022
- Historic Market Size - Data Table on Global Stevia Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Beverage sector - Market size and forecast 2023-2028
- Chart on Beverage sector - Market size and forecast 2023-2028 ($ million)
- Data Table on Beverage sector - Market size and forecast 2023-2028 ($ million)
- Chart on Beverage sector - Year-over-year growth 2023-2028 (%)
- Data Table on Beverage sector - Year-over-year growth 2023-2028 (%)
6.4 Food sector - Market size and forecast 2023-2028
- Chart on Food sector - Market size and forecast 2023-2028 ($ million)
- Data Table on Food sector - Market size and forecast 2023-2028 ($ million)
- Chart on Food sector - Year-over-year growth 2023-2028 (%)
- Data Table on Food sector - Year-over-year growth 2023-2028 (%)
6.5 Pharmaceuticals and other - Market size and forecast 2023-2028
- Chart on Pharmaceuticals and other - Market size and forecast 2023-2028 ($ million)
- Data Table on Pharmaceuticals and other - Market size and forecast 2023-2028 ($ million)
- Chart on Pharmaceuticals and other - Year-over-year growth 2023-2028 (%)
- Data Table on Pharmaceuticals and other - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Powder extract - Market size and forecast 2023-2028
- Chart on Powder extract - Market size and forecast 2023-2028 ($ million)
- Data Table on Powder extract - Market size and forecast 2023-2028 ($ million)
- Chart on Powder extract - Year-over-year growth 2023-2028 (%)
- Data Table on Powder extract - Year-over-year growth 2023-2028 (%)
7.4 Liquid extract - Market size and forecast 2023-2028
- Chart on Liquid extract - Market size and forecast 2023-2028 ($ million)
- Data Table on Liquid extract - Market size and forecast 2023-2028 ($ million)
- Chart on Liquid extract - Year-over-year growth 2023-2028 (%)
- Data Table on Liquid extract - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Archer Daniels Midland Co.
- Archer Daniels Midland Co. - Overview
- Archer Daniels Midland Co. - Business segments
- Archer Daniels Midland Co. - Key news
- Archer Daniels Midland Co. - Key offerings
- Archer Daniels Midland Co. - Segment focus
12.4 Cargill Inc.
- Cargill Inc. - Overview
- Cargill Inc. - Product / Service
- Cargill Inc. - Key news
- Cargill Inc. - Key offerings
12.5 Guilin Layn Natural Ingredients Corp.
- Guilin Layn Natural Ingredients Corp. - Overview
- Guilin Layn Natural Ingredients Corp. - Product / Service
- Guilin Layn Natural Ingredients Corp. - Key offerings
12.6 HOWTIAN
- HOWTIAN - Overview
- HOWTIAN - Product / Service
- HOWTIAN - Key offerings
12.7 Ingredion Inc.
- Ingredion Inc. - Overview
- Ingredion Inc. - Business segments
- Ingredion Inc. - Key news
- Ingredion Inc. - Key offerings
- Ingredion Inc. - Segment focus
12.8 MANUS BIO
- MANUS BIO - Overview
- MANUS BIO - Product / Service
- MANUS BIO - Key offerings
12.9 Morita Kagaku Kogyo Co. Ltd.
- Morita Kagaku Kogyo Co. Ltd. - Overview
- Morita Kagaku Kogyo Co. Ltd. - Product / Service
- Morita Kagaku Kogyo Co. Ltd. - Key offerings
12.10 Nutraceutical Corp.
- Nutraceutical Corp. - Overview
- Nutraceutical Corp. - Product / Service
- Nutraceutical Corp. - Key offerings
12.11 Sunrise Nutrachem Group Co. Ltd.
- Sunrise Nutrachem Group Co. Ltd. - Overview
- Sunrise Nutrachem Group Co. Ltd. - Product / Service
- Sunrise Nutrachem Group Co. Ltd. - Key offerings
12.12 SweeGen Inc.
- SweeGen Inc. - Overview
- SweeGen Inc. - Product / Service
- SweeGen Inc. - Key offerings
12.13 Tate and Lyle PLC
- Tate and Lyle PLC - Overview
- Tate and Lyle PLC - Business segments
- Tate and Lyle PLC - Key news
- Tate and Lyle PLC - Key offerings
- Tate and Lyle PLC - Segment focus
12.14 The Real Stevia Co. AB
- The Real Stevia Co. AB - Overview
- The Real Stevia Co. AB - Product / Service
- The Real Stevia Co. AB - Key offerings
12.15 Van Wankum Ingredients BV
- Van Wankum Ingredients BV - Overview
- Van Wankum Ingredients BV - Product / Service
- Van Wankum Ingredients BV - Key offerings
12.16 Wisdom Natural Brands
- Wisdom Natural Brands - Overview
- Wisdom Natural Brands - Product / Service
- Wisdom Natural Brands - Key offerings
12.17 Zydus Lifesciences Ltd.
- Zydus Lifesciences Ltd. - Overview
- Zydus Lifesciences Ltd. - Business segments
- Zydus Lifesciences Ltd. - Key news
- Zydus Lifesciences Ltd. - Key offerings
- Zydus Lifesciences Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations