Market Overview:
The global natural stevia sweetener market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthy and low-calorie food products. In addition, the growing awareness about the health benefits of stevia is also contributing to the growth of this market. The global natural stevia sweetener market can be segmented on the basis of purity into below 90%, 90%-99%, and more than 99%. The below 90% purity segment is expected to account for a major share of the global natural stevia sweetener market during the forecast period. This segment is projected to grow at a CAGR of XX% from 2018 to 2030. On the basis of application, bread, drinks, canned fruits, yoghurt, pickles, ice creams, snacks, chewing gums are some key segments considered in this study. Among these applications segments; drinks are anticipated witness highest growth rate over next decade owing escalating demand for healthier alternatives such as carbonated soft drinks (CSDs) and fruit juices across globe .
Product Definition:
A natural sweetener made from the leaves of the Stevia rebaudiana plant, it is 300 to 400 times sweeter than sugar and has no calories. It is used as a sugar substitute in food and beverages.
Purity:Below 90%:
Purity:Below 90%, it's usage.
The global natural stevia sweetener market is expected to witness significant growth over the forecast period owing to increasing demand for sugar alternatives. Increasing awareness among consumers regarding low calorie foods and growing health concerns are anticipated to drive the industry.
Purity:90%-99%:
Purity:90%-99% is a high purity stevia extract. It has been extracted from the leaves of Stevia rebaudiana plant using organic and non-GMO process. Purity:90%-99% contains almost 0.-1% bitterant concentration level, which makes it suitable for use in natural sweetener products such as tabletop sweeteners, baked goods, confectionery & dairy products and soft drinks industry.
Application Insights:
Bread emerged as the leading application segment and accounted for more than 35% of total market share in 2017. The use of stevia in bread has become popular due to its sweet taste as compared to sugar which is a major driver for the growth. Moreover, increasing demand for low-calorie food products is expected to boost industry expansion over the forecast period.
The canned fruit segment also held a significant share owing to high demand from countries such as China, Japan, and Mexico where consumption of fresh fruits is relatively higher than other parts of world. Moreover, growing awareness regarding health benefits associated with stevia coupled with rising disposable income levels in developing regions such as Asia Pacific will fuel industry expansion over the forecast period.
Stevia can be used instead of sugar in almost all types of jams & pickles including jellies, chutneys & sauces along with vegetables like carrots and beetroot which are generally considered too bitter for most people.
Regional Analysis:
North America dominated the global natural stevia sweetener market in 2017. The region is expected to witness a growth rate of around 8.5% over the forecast period, owing to increasing awareness about health and fitness among millennials and generation Z. In addition, rising consumption of organic foods is anticipated to drive demand for naturally derived products in this region.
Asia Pacific is expected to be one of the fastest-growing regions due to changing consumer preferences towards healthier food products along with growing disposable income levels in emerging economies such as China and India are likely contributors for regional growth over the next eight years (2030).
Growth Factors:
- Increasing demand for natural and calorie-free sweeteners: The global market for natural stevia sweetener is expected to grow at a CAGR of over 16% during the forecast period. This is mainly attributed to the increasing demand for healthy and calorie-free alternatives to sugar.
- Rising awareness about the health benefits of stevia: Stevia has been gaining popularity as a healthier alternative to sugar due to its zero calories and low glycemic index. This is driving the demand for stevia-based products, thereby propelling the growth of the global natural stevia sweetener market.
- Growing inclination towards healthy lifestyles: There has been a growing trend among consumers towards adopting healthier lifestyles, which is boosting demand for naturally derived ingredients such as stevia. This is providing opportunities for players in the global natural stevia sweetener market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Stevia Sweetener Market Research Report
By Type
Purity:Below 90%, Purity:90%-99%, Purity: More than 99%
By Application
Bread, Drinks, Canned Fruits, Yoghurt, Pickles, Ice Creams, Snacks, Chewing Gums, Instant Noodles, Others
By Companies
Taikoo Sugar Limited, Evolva, Ingredion Incorporated, TRUVIA, Heartland Consumer Products, The SOLA®Company, Natvia, Sweetly™ Stevia, Cargill, Morita Kagaku Kogyo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Natural Stevia Sweetener Market Report Segments:
The global Natural Stevia Sweetener market is segmented on the basis of:
Types
Purity:Below 90%, Purity:90%-99%, Purity: More than 99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bread, Drinks, Canned Fruits, Yoghurt, Pickles, Ice Creams, Snacks, Chewing Gums, Instant Noodles, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Taikoo Sugar Limited
- Evolva
- Ingredion Incorporated
- TRUVIA
- Heartland Consumer Products
- The SOLA®Company
- Natvia
- Sweetlyâ„¢ Stevia
- Cargill
- Morita Kagaku Kogyo
Highlights of The Natural Stevia Sweetener Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity:Below 90%
- Purity:90%-99%
- Purity: More than 99%
- By Application:
- Bread
- Drinks
- Canned Fruits
- Yoghurt
- Pickles
- Ice Creams
- Snacks
- Chewing Gums
- Instant Noodles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Stevia Sweetener Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stevia is a natural sweetener that comes from the stevia plant. It is 200 times sweeter than sugar and does not contain any calories.
Some of the key players operating in the natural stevia sweetener market are Taikoo Sugar Limited, Evolva, Ingredion Incorporated, TRUVIA, Heartland Consumer Products, The SOLA‚®Company, Natvia, Sweetly¢â€žÂ¢ Stevia, Cargill, Morita Kagaku Kogyo.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Natural Stevia Sweetener Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Natural Stevia Sweetener Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Natural Stevia Sweetener Market - Supply Chain
4.5. Global Natural Stevia Sweetener Market Forecast
4.5.1. Natural Stevia Sweetener Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Natural Stevia Sweetener Market Size (000 Units) and Y-o-Y Growth
4.5.3. Natural Stevia Sweetener Market Absolute $ Opportunity
5. Global Natural Stevia Sweetener Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Natural Stevia Sweetener Market Size and Volume Forecast by Type
5.3.1. Purity:Below 90%
5.3.2. Purity:90%-99%
5.3.3. Purity: More than 99%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Natural Stevia Sweetener Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Natural Stevia Sweetener Market Size and Volume Forecast by Application
6.3.1. Bread
6.3.2. Drinks
6.3.3. Canned Fruits
6.3.4. Yoghurt
6.3.5. Pickles
6.3.6. Ice Creams
6.3.7. Snacks
6.3.8. Chewing Gums
6.3.9. Instant Noodles
6.3.10. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Natural Stevia Sweetener Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Natural Stevia Sweetener Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Natural Stevia Sweetener Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Natural Stevia Sweetener Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Natural Stevia Sweetener Demand Share Forecast, 2019-2026
9. North America Natural Stevia Sweetener Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Natural Stevia Sweetener Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Natural Stevia Sweetener Market Size and Volume Forecast by Application
9.4.1. Bread
9.4.2. Drinks
9.4.3. Canned Fruits
9.4.4. Yoghurt
9.4.5. Pickles
9.4.6. Ice Creams
9.4.7. Snacks
9.4.8. Chewing Gums
9.4.9. Instant Noodles
9.4.10. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Natural Stevia Sweetener Market Size and Volume Forecast by Type
9.7.1. Purity:Below 90%
9.7.2. Purity:90%-99%
9.7.3. Purity: More than 99%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Natural Stevia Sweetener Demand Share Forecast, 2019-2026
10. Latin America Natural Stevia Sweetener Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Natural Stevia Sweetener Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Natural Stevia Sweetener Market Size and Volume Forecast by Application
10.4.1. Bread
10.4.2. Drinks
10.4.3. Canned Fruits
10.4.4. Yoghurt
10.4.5. Pickles
10.4.6. Ice Creams
10.4.7. Snacks
10.4.8. Chewing Gums
10.4.9. Instant Noodles
10.4.10. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Natural Stevia Sweetener Market Size and Volume Forecast by Type
10.7.1. Purity:Below 90%
10.7.2. Purity:90%-99%
10.7.3. Purity: More than 99%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Natural Stevia Sweetener Demand Share Forecast, 2019-2026
11. Europe Natural Stevia Sweetener Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Natural Stevia Sweetener Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Natural Stevia Sweetener Market Size and Volume Forecast by Application
11.4.1. Bread
11.4.2. Drinks
11.4.3. Canned Fruits
11.4.4. Yoghurt
11.4.5. Pickles
11.4.6. Ice Creams
11.4.7. Snacks
11.4.8. Chewing Gums
11.4.9. Instant Noodles
11.4.10. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Natural Stevia Sweetener Market Size and Volume Forecast by Type
11.7.1. Purity:Below 90%
11.7.2. Purity:90%-99%
11.7.3. Purity: More than 99%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Natural Stevia Sweetener Demand Share, 2019-2026
12. Asia Pacific Natural Stevia Sweetener Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Natural Stevia Sweetener Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Natural Stevia Sweetener Market Size and Volume Forecast by Application
12.4.1. Bread
12.4.2. Drinks
12.4.3. Canned Fruits
12.4.4. Yoghurt
12.4.5. Pickles
12.4.6. Ice Creams
12.4.7. Snacks
12.4.8. Chewing Gums
12.4.9. Instant Noodles
12.4.10. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Natural Stevia Sweetener Market Size and Volume Forecast by Type
12.7.1. Purity:Below 90%
12.7.2. Purity:90%-99%
12.7.3. Purity: More than 99%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Natural Stevia Sweetener Demand Share, 2019-2026
13. Middle East & Africa Natural Stevia Sweetener Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Natural Stevia Sweetener Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Natural Stevia Sweetener Market Size and Volume Forecast by Application
13.4.1. Bread
13.4.2. Drinks
13.4.3. Canned Fruits
13.4.4. Yoghurt
13.4.5. Pickles
13.4.6. Ice Creams
13.4.7. Snacks
13.4.8. Chewing Gums
13.4.9. Instant Noodles
13.4.10. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Natural Stevia Sweetener Market Size and Volume Forecast by Type
13.7.1. Purity:Below 90%
13.7.2. Purity:90%-99%
13.7.3. Purity: More than 99%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Natural Stevia Sweetener Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Natural Stevia Sweetener Market: Market Share Analysis
14.2. Natural Stevia Sweetener Distributors and Customers
14.3. Natural Stevia Sweetener Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Taikoo Sugar Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Evolva
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ingredion Incorporated
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TRUVIA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Heartland Consumer Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The SOLA®Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Natvia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sweetly Stevia
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cargill
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Morita Kagaku Kogyo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
