Stevia Market By Extract Type (Whole Leaf, Powdered, Liquid), By Application (Dairy, Bakery & Confectionery, Table Top Sweeteners, Beverages, Convenience Foods), By Form (Dry, Liquid), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

Stevia Market By Extract Type (Whole Leaf, Powdered, Liquid), By Application (Dairy, Bakery & Confectionery, Table Top Sweeteners, Beverages, Convenience Foods), By Form (Dry, Liquid), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 8217 | Pages: 175 | July 2018 | Region: Global


Stevia Market was worth USD 537.38 million in 2018 and estimated to be growing at a CAGR of 9.4%, to reach USD 842.11 million by 2023. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the nutrition industry.

Stevia has an important place in sweeteners segment due to its advantages like low-calorie and high protein. Stevia has its special flavour and sweetness which is about 200 to 350 times more than normal sugar. Several food & beverage companies use stevia to enhance the taste of products without adding calories. Thus, stevia will be seen as a business opportunity in the coming five years. Also, many multinational companies have started venturing into the production of various types of stevia.

The global Stevia market is majorly driven by the growth in awareness of health benefits of stevia and providing profitable margins to distributors. Also, rising product visibility in retail as well as product availability is expected to improve the demand for stevia-based products amongst the consumers across the globe. Stevia creation being a complex method, procuring raw material to getting the final product is a major problem for companies in this market.

The Global Stevia Market  is segmented based on Extract Type into Whole Leaf, and Powdered, Liquid. Based on Application, the market is segmented into Dairy, Bakery & Confectionery, Table top Sweeteners, Beverages, and Convenience Foods. Based on Form, the market is segmented into Dry, and Liquid.

On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. The Global Stevia Market was dominated by North America, with the largest market share globally.  The Asia Pacific is predicted to show the highest CAGR during the forecasting period.

Some of the major companies dominating the market, by their products are Nestlé S.A., The Coca-Cola Company and PepsiCo Inc., Cargill Inc., Evolva Holding S.A., PureCircle Ltd., Stevia Corp., Ingredion Inc., GLG Life Tech Corp. and Tate & Lyle Plc.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Extract Type                               

                                5.1.1 Introduction           

                                5.1.2 Whole Leaf             

                                5.1.3 Powdered               

                                5.1.4 Liquid        

                                5.1.5  Y-o-Y Growth Analysis, By Extract Type     

                                5.1.6  Market Attractiveness Analysis, By Extract Type   

                                5.1.7  Market Share Analysis, By Extract Type     

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Dairy          

                                5.2.3 Bakery & Confectionery    

                                5.2.4 Tabletop Sweeteners         

                                5.2.5 Beverages               

                                5.2.6 Convenience Foods            

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

                5.3 Form                             

                                5.3.1 Introduction           

                                5.3.2 Dry             

                                5.3.3 Liquid        

                                5.3.4  Y-o-Y Growth Analysis, By Form    

                                5.3.5  Market Attractiveness Analysis, By Form 

                                5.3.6  Market Share Analysis, By Form   

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Extract Type

                                                6.1.3.3 By Application

                                                6.1.3.4 By Form

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Extract Type

                                                6.1.4.3 By Application

                                                6.1.4.4 By Form

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Extract Type

                                                6.1.5.3 By Form

                                                6.1.5.4 By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Nestlé S.A                   

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Coca-Cola Company                

                8.3 Cargill Inc.                    

                8.4 Evolva Holding S.A                   

                8.5 PureCircle Ltd.                           

                8.6 Stevia Corp.                

                8.7 Ingredion Inc                             

                8.8 GLG Life Tech Corp.                

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Application, by  Region along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

                                                                                                                          

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  1. Global Stevia Market By Region, From 2018-2023 ( USD Million )
  2. Global Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  3. Global Whole leaf Market By Region, From 2018-2023 ( USD Million )
  4. Global Powdered Market By Region, From 2018-2023 ( USD Million )
  5. Global Liquid Market By Region, From 2018-2023 ( USD Million )
  6. Global Stevia Market By Application, From 2018-2023 ( USD Million )
  7. Global Dairy Market By Region, From 2018-2023 ( USD Million )
  8. Global Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  9. Global Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  10. Global Beverages Market By Region, From 2018-2023 ( USD Million )
  11. Global Convenience foods Market By Region, From 2018-2023 ( USD Million )
  12. Global Others Market By Region, From 2018-2023 ( USD Million )
  13. Global Stevia Market By Form, From 2018-2023 ( USD Million )
  14. Global Dry Market By Region, From 2018-2023 ( USD Million )
  15. Global Liquid Market By Region, From 2018-2023 ( USD Million )
  16. North America Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  17. North America Whole leaf Market By Region, From 2018-2023 ( USD Million )
  18. North America Powdered Market By Region, From 2018-2023 ( USD Million )
  19. North America Liquid Market By Region, From 2018-2023 ( USD Million )
  20. North America Stevia Market By Application, From 2018-2023 ( USD Million )
  21. North America Dairy Market By Region, From 2018-2023 ( USD Million )
  22. North America Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  23. North America Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  24. North America Beverages Market By Region, From 2018-2023 ( USD Million )
  25. North America Convenience foods Market By Region, From 2018-2023 ( USD Million )
  26. North America Others Market By Region, From 2018-2023 ( USD Million )
  27. North America Stevia Market By Form, From 2018-2023 ( USD Million )
  28. North America Dry Market By Region, From 2018-2023 ( USD Million )
  29. North America Liquid Market By Region, From 2018-2023 ( USD Million )
  30. United States Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  31. United States Stevia Market By Application, From 2018-2023 ( USD Million )
  32. United States Stevia Market By Form, From 2018-2023 ( USD Million )
  33. Canada Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  34. Canada Stevia Market By Application, From 2018-2023 ( USD Million )
  35. Canada Stevia Market By Form, From 2018-2023 ( USD Million )
  36. Europe Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  37. Europe Whole leaf Market By Region, From 2018-2023 ( USD Million )
  38. Europe Powdered Market By Region, From 2018-2023 ( USD Million )
  39. Europe Liquid Market By Region, From 2018-2023 ( USD Million )
  40. Europe Stevia Market By Application, From 2018-2023 ( USD Million )
  41. Europe Dairy Market By Region, From 2018-2023 ( USD Million )
  42. Europe Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  43. Europe Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  44. Europe Beverages Market By Region, From 2018-2023 ( USD Million )
  45. Europe Convenience foods Market By Region, From 2018-2023 ( USD Million )
  46. Europe Others Market By Region, From 2018-2023 ( USD Million )
  47. Europe Stevia Market By Form, From 2018-2023 ( USD Million )
  48. Europe Dry Market By Region, From 2018-2023 ( USD Million )
  49. Europe Liquid Market By Region, From 2018-2023 ( USD Million )
  50. U.K. Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  51. U.K. Stevia Market By Application, From 2018-2023 ( USD Million )
  52. U.K. Stevia Market By Form, From 2018-2023 ( USD Million )
  53. Germany Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  54. Germany Stevia Market By Application, From 2018-2023 ( USD Million )
  55. Germany Stevia Market By Form, From 2018-2023 ( USD Million )
  56. France Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  57. France Stevia Market By Application, From 2018-2023 ( USD Million )
  58. France Stevia Market By Form, From 2018-2023 ( USD Million )
  59. Italy Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  60. Italy Stevia Market By Application, From 2018-2023 ( USD Million )
  61. Italy Stevia Market By Form, From 2018-2023 ( USD Million )
  62. Spain Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  63. Spain Stevia Market By Application, From 2018-2023 ( USD Million )
  64. Spain Stevia Market By Form, From 2018-2023 ( USD Million )
  65. Asia Pacific Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  66. Asia Pacific Whole leaf Market By Region, From 2018-2023 ( USD Million )
  67. Asia Pacific Powdered Market By Region, From 2018-2023 ( USD Million )
  68. Asia Pacific Liquid Market By Region, From 2018-2023 ( USD Million )
  69. Asia Pacific Stevia Market By Application, From 2018-2023 ( USD Million )
  70. Asia Pacific Dairy Market By Region, From 2018-2023 ( USD Million )
  71. Asia Pacific Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  72. Asia Pacific Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  73. Asia Pacific Beverages Market By Region, From 2018-2023 ( USD Million )
  74. Asia Pacific Convenience foods Market By Region, From 2018-2023 ( USD Million )
  75. Asia Pacific Others Market By Region, From 2018-2023 ( USD Million )
  76. Asia Pacific Stevia Market By Form, From 2018-2023 ( USD Million )
  77. Asia Pacific Dry Market By Region, From 2018-2023 ( USD Million )
  78. Asia Pacific Liquid Market By Region, From 2018-2023 ( USD Million )
  79. Japan Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  80. Japan Stevia Market By Application, From 2018-2023 ( USD Million )
  81. Japan Stevia Market By Form, From 2018-2023 ( USD Million )
  82. China Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  83. China Stevia Market By Application, From 2018-2023 ( USD Million )
  84. China Stevia Market By Form, From 2018-2023 ( USD Million )
  85. India Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  86. India Stevia Market By Application, From 2018-2023 ( USD Million )
  87. India Stevia Market By Form, From 2018-2023 ( USD Million )
  88. Australia Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  89. Australia Stevia Market By Application, From 2018-2023 ( USD Million )
  90. Australia Stevia Market By Form, From 2018-2023 ( USD Million )
  91. South Korea Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  92. South Korea Stevia Market By Application, From 2018-2023 ( USD Million )
  93. South Korea Stevia Market By Form, From 2018-2023 ( USD Million )
  94. Latin America Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  95. Latin America Whole leaf Market By Region, From 2018-2023 ( USD Million )
  96. Latin America Powdered Market By Region, From 2018-2023 ( USD Million )
  97. Latin America Liquid Market By Region, From 2018-2023 ( USD Million )
  98. Latin America Stevia Market By Application, From 2018-2023 ( USD Million )
  99. Latin America Dairy Market By Region, From 2018-2023 ( USD Million )
  100. Latin America Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  101. Latin America Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  102. Latin America Beverages Market By Region, From 2018-2023 ( USD Million )
  103. Latin America Convenience foods Market By Region, From 2018-2023 ( USD Million )
  104. Latin America Others Market By Region, From 2018-2023 ( USD Million )
  105. Latin America Stevia Market By Form, From 2018-2023 ( USD Million )
  106. Latin America Dry Market By Region, From 2018-2023 ( USD Million )
  107. Latin America Liquid Market By Region, From 2018-2023 ( USD Million )
  108. Brazil Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  109. Brazil Stevia Market By Application, From 2018-2023 ( USD Million )
  110. Brazil Stevia Market By Form, From 2018-2023 ( USD Million )
  111. Argentina Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  112. Argentina Stevia Market By Application, From 2018-2023 ( USD Million )
  113. Argentina Stevia Market By Form, From 2018-2023 ( USD Million )
  114. Mexico Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  115. Mexico Stevia Market By Application, From 2018-2023 ( USD Million )
  116. Mexico Stevia Market By Form, From 2018-2023 ( USD Million )
  117. Rest of Latin America Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  118. Rest of Latin America Stevia Market By Application, From 2018-2023 ( USD Million )
  119. Rest of Latin America Stevia Market By Form, From 2018-2023 ( USD Million )
  120. Middle East and Africa Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  121. Middle East and Africa Whole leaf Market By Region, From 2018-2023 ( USD Million )
  122. Middle East and Africa Powdered Market By Region, From 2018-2023 ( USD Million )
  123. Middle East and Africa Liquid Market By Region, From 2018-2023 ( USD Million )
  124. Middle East and Africa Stevia Market By Application, From 2018-2023 ( USD Million )
  125. Middle East and Africa Dairy Market By Region, From 2018-2023 ( USD Million )
  126. Middle East and Africa Bakery & confectionery Market By Region, From 2018-2023 ( USD Million )
  127. Middle East and Africa Tabletop sweeteners Market By Region, From 2018-2023 ( USD Million )
  128. Middle East and Africa Beverages Market By Region, From 2018-2023 ( USD Million )
  129. Middle East and Africa Convenience foods Market By Region, From 2018-2023 ( USD Million )
  130. Middle East and Africa Others Market By Region, From 2018-2023 ( USD Million )
  131. Middle East and Africa Stevia Market By Form, From 2018-2023 ( USD Million )
  132. Middle East and Africa Dry Market By Region, From 2018-2023 ( USD Million )
  133. Middle East and Africa Liquid Market By Region, From 2018-2023 ( USD Million )
  134. Middle East Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  135. Middle East Stevia Market By Application, From 2018-2023 ( USD Million )
  136. Middle East Stevia Market By Form, From 2018-2023 ( USD Million )
  137. Africa Stevia Market By Extract Type, From 2018-2023 ( USD Million )
  138. Africa Stevia Market By Application, From 2018-2023 ( USD Million )
  139. Africa Stevia Market By Form, From 2018-2023 ( USD Million )
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