Stevia Market Size, Insights, Applications, Regional Outlook, Competitive Strategies, Analysis, Growth And Forecasts, 2020 -2027


Stevia Market Size,

iCrowdNewswire   Jan 20, 2021  2:00 AM ET

Market Size – USD 595.8 million in 2019, Market Growth – CAGR of 9.6%, Market Trends- Growing consumers’ preferences towards plant-based sweeteners

Growing preferences among consumers for plant-based sugar substitutes are most likely to propel the growth of the market over the forecast period. The zero calories and zero glycemic index characteristics of stevia are expected to increase its adoption. Moreover, the wide popularity of clean-labeling has also boosted up the sales of stevia.

Growing government initiatives to promote the adoption of stevia-based sugar substitutes and reduce sugar intake is expected to increase the demand for stevia. The governments in US and Europe are also providing support to the cultivation of stevia by generating favorable regulations, which is most likely to propel the industry’s growth over the forecast period.

Covid19 impact

The pandemic has both a positive as well as a negative effect on the healthcare industry. It has disrupted the supply chain and raw material supplies in the Healthcare industry. The increasing number of people affected by the virus has also led to an increase in demand for medical supplies like disposable syringes and injections. The rising demand for Stevia is due to their reduced risk of needle-stick injuries. Besides, the growing requirement for the rapid production of vaccines has also resulted in the increasing demand for Stevia. In order to meet the growing demand for medical supplies, manufactures have increased their production capacity. The manufacturers are adopting safety regulations and preventive measures without hampering the manufacturing process.

The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the rising urbanization coupled with growing disposable income. Besides, the increasing investments by the beverage manufacturing companies to produce beverages with lower sugar content and low-calorific value are expected to drive the market’s growth over the forecast period.

Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA

For More Details Get FREE Sample Pages of this Research [email protected]

Key participants include Ingredion Incorporated, Cargill, Tate & Lyle PLC, Archer Daniels Midland Company, PureCircle Limited, Evolva Holding SA, GLG Life Tech Corporation, The Coca-Cola Company, PepsiCo Inc. and Sunwin Stevia International, Inc., among others. 

Product Form Outlook (Revenue, USD Billion; 2017-2027)




Application Outlook (Revenue, USD Billion; 2017-2027)


Bakery & Confectionary

Dairy Food Products

Dietary Supplements


Browse the full report description @

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Stevia Market Segmentation & Impact Analysis

    4.1. Stevia Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

           Technology advancements mainly in the area of noninvasive technology

           Increasing prevalence of ophthalmic disorders across major analyzed regions

          4.2.3. Market restraints analysis

           Dearth of skilled operators across the value chain

           High procuring cost and even higher data requirement

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Stevia Market By Product Insights & Trends, Revenue (USD Million)

    5.1. Product Dynamics & Market Share, 2019 & 2027

          5.1.1. Imaging Systems

          5.1.2. Lasers

          5.1.3. Transducers

          5.1.4. Contrast Agents

          5.1.5. Software


Thank you for reading our report. For further information or queries about the report or customization options, please get in touch with us. We will ensure your report is tailored according to your requirements.

Related Reports:

Virtual Diagnostics Market Size To Be Worth USD 1,512.2 Million by 2027 Growing at a CAGR of 15.0% | Emergen Research

Anti-Aging Devices Market Size To Be Worth USD 14.22 Billion by 2027 | Emergen Research

Mobile Medical Apps Market Size Worth USD 17.61 Billion by 2027 Growing at a CAGR of 22.9% | Emergen Research

Isoflavones Market Size To Be Worth USD 45.22 Billion by 2027 Growing at a CAGR of 12.9% | Emergen Research

Farm Management Software and Services Market To Be Worth USD 3,015.5 Million by 2027 | Emergen Research

Activated Carbon Market Size Worth USD 14.07 Billion by 2027 Growing at a CAGR of 9.6% | Emergen Research

Cardiac Monitoring & Cardiac Rhythm Management Devices Market To Be Worth USD 29.32 Billion by 2027 | Emergen Research

Neurostimulation Devices Market To Reach USD 13.70 Billion by 2027 Growing at a CAGR of 12.6% | Emergen Research

Contact Information:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web:
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Facebook | LinkdIn | Twitter | Blogs


Keywords:    Stevia Market, Stevia Market Size, Stevia Market Applications, Stevia Market Types, Stevia Market Share, Stevia Market Trends, Stevia Market Data


Please enter your comment!
Please enter your name here