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Food and Beverage Stevia Market Size, Trends, Analysis, and Outlook By Type (Reb-A Series, Reb D, Reb M, STV Series, Others), By Application (Beverage, Food Ingredient, Table Sweetener), by Country, Segment, and Companies, 2024-2032

October 2024 | 190 pages | ID: FB4F14970A91EN
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Global Food and Beverage Stevia Market Size is valued at $941.2 Million in 2024 and is forecast to register a growth rate (CAGR) of 9.3% to reach $1917.1 Million by 2032.

The food and beverage stevia market is expected to thrive as consumers increasingly seek natural sweetener alternatives to sugar. Over the forecast period, the rising awareness of health issues related to excessive sugar consumption will drive demand for stevia, known for its zero-calorie properties and natural origin. The trend towards clean-label and organic products will further enhance market dynamics, as consumers prioritize sweeteners that are free from artificial additives. Additionally, innovations in stevia formulation and taste enhancement will cater to food and beverage manufacturers looking to create better-tasting products without compromising on health.

Food and Beverage Stevia Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Food and Beverage Stevia survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Food and Beverage Stevia industry.

Key market trends defining the global Food and Beverage Stevia demand in 2025 and Beyond

The Food and Beverage Stevia industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Food and Beverage Stevia Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Food and Beverage Stevia industry

Leading Food and Beverage Stevia companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Food and Beverage Stevia companies.

Food and Beverage Stevia Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.

- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.

- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.

- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.

- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Food and Beverage Stevia Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Food and Beverage Stevia industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Food and Beverage Stevia Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Food and Beverage Stevia Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Food and Beverage Stevia market segments. Similarly, strong market demand encourages Canadian Food and Beverage Stevia companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Food and Beverage Stevia Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Food and Beverage Stevia industry remains the major market for companies in the European Food and Beverage Stevia industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Food and Beverage Stevia market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Food and Beverage Stevia Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Food and Beverage Stevia in Asia Pacific. In particular, China, India, and South East Asian Food and Beverage Stevia markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Food and Beverage Stevia Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Food and Beverage Stevia Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Food and Beverage Stevia market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Food and Beverage Stevia.

Food and Beverage Stevia Company Profiles

The global Food and Beverage Stevia market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Archer-Daniels-Midland Company (ADM), Biolotus Technology, Cargill Inc, Chenguang Biotech Group, Daepyung, GLG Life Tech Corp, Haotian Pharm, Ingredion Inc, Jining Aoxing Stevia Products, Morita Kagaku Kogyo, Qufu Tianyuan Biotechnology, Shandong Shengxiangyuan, Shangdong Huaxian Stevia, Sunwin Stevia, Tate & Lyle PLC.

Recent Food and Beverage Stevia Market Developments

The global Food and Beverage Stevia market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Food and Beverage Stevia Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Type

Reb-A Series

Reb D

Reb M

STV Series

Others

By Application

Beverage

Food Ingredient

Table Sweetener

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Archer-Daniels-Midland Company (ADM)

Biolotus Technology

Cargill Inc

Chenguang Biotech Group

Daepyung

GLG Life Tech Corp

Haotian Pharm

Ingredion Inc

Jining Aoxing Stevia Products

Morita Kagaku Kogyo

Qufu Tianyuan Biotechnology

Shandong Shengxiangyuan

Shangdong Huaxian Stevia

Sunwin Stevia

Tate & Lyle PLC

Formats Available: Excel, PDF, and PPT
CHAPTER 1: EXECUTIVE SUMMARY

1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
  1.3.1 Country Coverage
  1.3.2 Companies Profiled
  1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
  1.3.4 Units
1.4 Abbreviations

CHAPTER 2. FOOD AND BEVERAGE STEVIA MARKET OVERVIEW- 2025

2.1 An Introduction to the Global Food and Beverage Stevia Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024

CHAPTER 3. STRATEGIC ANALYSIS REVIEW

3.1 Food and Beverage Stevia Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments

CHAPTER 4. IMPACT ANALYSIS AND SCENARIO FORECASTS

4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Food and Beverage Stevia Market Outlook to 2032
4.6 Reference Case Scenario: Global Food and Beverage Stevia Market Outlook to 2032
4.7 High Growth Case Scenario: Global Food and Beverage Stevia Market Outlook to 2032

CHAPTER 5: FOOD AND BEVERAGE STEVIA MARKET DYNAMICS

5.1 Key Food and Beverage Stevia Market Trends
5.2 Potential Food and Beverage Stevia Market Opportunities
5.3 Key Market Challenges

CHAPTER 6: GLOBAL FOOD AND BEVERAGE STEVIA MARKET ANALYSIS AND OUTLOOK TO 2032

6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Type
Reb-A Series
Reb D
Reb M
STV Series
Others
Application
Beverage
Food Ingredient
Table Sweetener
6.3 Global Market Outlook by Region, 2021 to 2032

CHAPTER 7: NORTH AMERICA FOOD AND BEVERAGE STEVIA MARKET ANALYSIS AND OUTLOOK TO 2032

7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Type
Reb-A Series
Reb D
Reb M
STV Series
Others
Application
Beverage
Food Ingredient
Table Sweetener
7.3 North America Market Outlook by Country, 2021- 2032
  7.3.1 United States Food and Beverage Stevia Market Size Forecast, 2021- 2032
  7.3.2 Canada Food and Beverage Stevia Market Size Forecast, 2021- 2032
  7.3.3 Mexico Food and Beverage Stevia Market Size Forecast, 2021- 2032

CHAPTER 8: EUROPE FOOD AND BEVERAGE STEVIA MARKET ANALYSIS AND OUTLOOK TO 2032

8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Type
Reb-A Series
Reb D
Reb M
STV Series
Others
Application
Beverage
Food Ingredient
Table Sweetener
8.3 Europe Market Outlook by Country, 2021- 2032
  8.3.1 Germany Food and Beverage Stevia Market Size Forecast, 2021- 2032
  8.3.2 France Food and Beverage Stevia Market Size Forecast, 2021- 2032
  8.3.3 United Kingdom Food and Beverage Stevia Market Size Forecast, 2021- 2032
  8.3.4 Spain Food and Beverage Stevia Market Size Forecast, 2021- 2032
  8.3.5 Italy Food and Beverage Stevia Market Size Forecast, 2021- 2032
  8.3.6 Russia Food and Beverage Stevia Market Size Forecast, 2021- 2032
  8.3.7 Rest of Europe Food and Beverage Stevia Market Size Forecast, 2021- 2032

CHAPTER 9: ASIA PACIFIC FOOD AND BEVERAGE STEVIA MARKET ANALYSIS AND OUTLOOK TO 2032

9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Type
Reb-A Series
Reb D
Reb M
STV Series
Others
Application
Beverage
Food Ingredient
Table Sweetener
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
  9.3.1 China Food and Beverage Stevia Market Size Forecast, 2021- 2032
  9.3.2 India Food and Beverage Stevia Market Size Forecast, 2021- 2032
  9.3.3 Japan Food and Beverage Stevia Market Size Forecast, 2021- 2032
  9.3.4 South Korea Food and Beverage Stevia Market Size Forecast, 2021- 2032
  9.3.5 Australia Food and Beverage Stevia Market Size Forecast, 2021- 2032
  9.3.6 South East Asia Food and Beverage Stevia Market Size Forecast, 2021- 2032
  9.3.7 Rest of Asia Pacific Food and Beverage Stevia Market Size Forecast, 2021- 2032

CHAPTER 10: SOUTH AMERICA FOOD AND BEVERAGE STEVIA MARKET ANALYSIS AND OUTLOOK TO 2032

10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Type
Reb-A Series
Reb D
Reb M
STV Series
Others
Application
Beverage
Food Ingredient
Table Sweetener
10.3 South America Market Outlook by Country, 2021- 2032
  10.3.1 Brazil Food and Beverage Stevia Market Size Forecast, 2021- 2032
  10.3.2 Argentina Food and Beverage Stevia Market Size Forecast, 2021- 2032
  10.3.3 Rest of South America Food and Beverage Stevia Market Size Forecast, 2021- 2032

CHAPTER 11: MIDDLE EAST AND AFRICA FOOD AND BEVERAGE STEVIA MARKET ANALYSIS AND OUTLOOK TO 2032

11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Type
Reb-A Series
Reb D
Reb M
STV Series
Others
Application
Beverage
Food Ingredient
Table Sweetener
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
  11.3.1 Saudi Arabia Food and Beverage Stevia Market Size Forecast, 2021- 2032
  11.3.2 The UAE Food and Beverage Stevia Market Size Forecast, 2021- 2032
  11.3.3 Rest of Middle East Food and Beverage Stevia Market Size Forecast, 2021- 2032
  11.3.4 South Africa Food and Beverage Stevia Market Size Forecast, 2021- 2032
  11.3.4 Rest of Africa Food and Beverage Stevia Market Size Forecast, 2021- 2032

CHAPTER 12: COMPETITIVE LANDSCAPE

12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Archer-Daniels-Midland Company (ADM)
Biolotus Technology
Cargill Inc
Chenguang Biotech Group
Daepyung
GLG Life Tech Corp
Haotian Pharm
Ingredion Inc
Jining Aoxing Stevia Products
Morita Kagaku Kogyo
Qufu Tianyuan Biotechnology
Shandong Shengxiangyuan
Shangdong Huaxian Stevia
Sunwin Stevia
Tate & Lyle PLC

CHAPTER 13: SOURCES AND RESEARCH METHODOLOGY

13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information

LIST OF FIGURES

Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Food and Beverage Stevia Market Outlook by Type, 2021- 2032
Figure 6: Global Food and Beverage Stevia Market Outlook by Application, 2021- 2032
Figure 7: Global Food and Beverage Stevia Market Outlook by Region, 2021- 2032
Figure 8: North America Food and Beverage Stevia Market Snapshot, Q4-2024
Figure 9: North America Food and Beverage Stevia Market Size Forecast by Type, 2021- 2032
Figure 10: North America Food and Beverage Stevia Market Size Forecast by Application, 2021- 2032
Figure 11: North America Food and Beverage Stevia Market Share by Country, 2023
Figure 12: Europe Food and Beverage Stevia Market Snapshot, Q4-2024
Figure 13: Europe Food and Beverage Stevia Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Food and Beverage Stevia Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Food and Beverage Stevia Market Share by Country, 2023
Figure 16: Asia Pacific Food and Beverage Stevia Market Snapshot, Q4-2024
Figure 17: Asia Pacific Food and Beverage Stevia Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Food and Beverage Stevia Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Food and Beverage Stevia Market Share by Country, 2023
Figure 20: South America Food and Beverage Stevia Market Snapshot, Q4-2024
Figure 21: South America Food and Beverage Stevia Market Size Forecast by Type, 2021- 2032
Figure 22: South America Food and Beverage Stevia Market Size Forecast by Application, 2021- 2032
Figure 23: South America Food and Beverage Stevia Market Share by Country, 2023
Figure 24: Middle East and Africa Food and Beverage Stevia Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Food and Beverage Stevia Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Food and Beverage Stevia Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Food and Beverage Stevia Market Share by Country, 2023
Figure 28: United States Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Food and Beverage Stevia Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology

LIST OF TABLES

Table 1: Market Scope and Segmentation
Table 2: Global Food and Beverage Stevia Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Food and Beverage Stevia Market Size Outlook by Segments, 2021- 2032
Table 7: Global Food and Beverage Stevia Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Food and Beverage Stevia Market Outlook by Type, 2021- 2032
Table 10: North America- Food and Beverage Stevia Market Outlook by Country, 2021- 2032
Table 11: Europe - Food and Beverage Stevia Market Outlook by Type, 2021- 2032
Table 12: Europe - Food and Beverage Stevia Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Food and Beverage Stevia Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Food and Beverage Stevia Market Outlook by Country, 2021- 2032
Table 15: South America- Food and Beverage Stevia Market Outlook by Type, 2021- 2032
Table 16: South America- Food and Beverage Stevia Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Food and Beverage Stevia Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Food and Beverage Stevia Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Food and Beverage Stevia Companies
Table 20: Product Profiles of Leading Food and Beverage Stevia Companies
Table 21: SWOT Profiles of Leading Food and Beverage Stevia Companies


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