The global stevia market is estimated to be valued at US$ 716.49 Mn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
SWOT Analysis
Strength: Stevia is a natural sweetener extracted from the leaves of the stevia plant. It is hundreds of times sweeter than sugar...
Stevia is a natural, plant-based sweetener native to South America and many parts of Asia. It is grown commercially and its leaves contain sweet-tasting glycosides such as steviol glycosides which are hundreds of times sweeter than sugar but have zero calories. Today, stevia is widely used as a table top natural sweetener and is also added to various food and beverage products as a sugar...
Global stevia market size is expected to reach US$ 1.79 Bn by 2031, from US$ 1.00 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 10.1% during the forecast period (2024-2031).
Key Takeaways Key players operating in the stevia are Merck, iCo Therapeutics, AEterna Zentaris, AEterna Zentaris AG, Eurofins Advinus, Pieris Pharmaceuticals, Dafra Pharma. The rising...
Stevia is a natural sweetener extracted from the leaves of the Stevia plant. It is widely used as a sugar substitute in food & beverage products due to its zero calorie and low glycemic benefits. Stevia offers sweetness around 300 times that of sugar with minimal effect on blood sugar levels. This has increased its popularity among health conscious consumers as an alternative to sugar. The...