The global stevia leaf extracts market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for natural sweeteners and the rising health concerns related to sugar consumption. Stevia leaf extract is a natural sweetener that has been used for centuries in South America and Asia as an alternative to sugar, which has been linked with obesity and diabetes. Stevia leaf extract is also used as a food additive in various products such as beverages, dairy products, baked goods, confectionery items, sauces & dressings etc, owing to its low calorie content and high sweetness level compared with other artificial sweeteners such as sucralose or saccharin.
Stevia leaf extract powder segment accounted for the largest share of the global stevia leaf extracts market in 2017 due to its wide range of applications across various industries such as pharma & healthcare, beverages and food additives among others. The segment is expected to maintain its dominance throughout the forecast period due to its wide range of applications across various industries such as pharma & healthcare (e.g., diabetic patients), beverages (e.g., carbonated drinks) and food additives (e.g., bakery).
North America accounted for the largest share of global stevia leaf extracts market in 2017 due mainly due increased awareness about healthy lifestyle among consumers coupled with growing demand from pharmaceutical industry players who are using it extensively in their formulations owing mainly because it does not have any side effects on human body unlike other artificial sweeteners like sucralose or saccharin which are known carcinogens when consumed over long periods of time at high doses.
- Stevia leaf extracts are a natural sweetener that is calorie-free and has no effect on blood sugar levels.
- Stevia leaf extracts are used in many food products, including soft drinks, baked goods, and dairy products.
- The global stevia market is expected to reach USD 1 billion by 2020 with an estimated growth rate of 8%.
- Stevia leaf extract can be used as a sugar substitute for people with diabetes or those who want to lose weight because it does not affect blood sugar levels or cause tooth decay like other sugars do.
Industry Growth Insights published a new data on “Stevia Leaf Extracts Market”. The research report is titled “Stevia Leaf Extracts Market research by Types (Powder, Tablets, Liquid, Other), By Applications (Pharma & Healthcare, Beverages, Food Additives, Other), By Players/Companies Zhucheng Haotian Pharm, Real Stevia, Xian Longze Biotechnology, Changsha Vigorous-Tech, Xian Sost Biotech, Sanhe Sweet Food, Organicway (Xi'an) Food Ingredients, Shanghai Freemen”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stevia Leaf Extracts Market Research Report
By Type
Powder, Tablets, Liquid, Other
By Application
Pharma & Healthcare, Beverages, Food Additives, Other
By Companies
Zhucheng Haotian Pharm, Real Stevia, Xian Longze Biotechnology, Changsha Vigorous-Tech, Xian Sost Biotech, Sanhe Sweet Food, Organicway (Xi'an) Food Ingredients, Shanghai Freemen
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Stevia Leaf Extracts Market Report Segments:
The global Stevia Leaf Extracts market is segmented on the basis of:
Types
Powder, Tablets, Liquid, Other
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
Pharma & Healthcare, Beverages, Food Additives, Other
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:
- Zhucheng Haotian Pharm
- Real Stevia
- Xian Longze Biotechnology
- Changsha Vigorous-Tech
- Xian Sost Biotech
- Sanhe Sweet Food
- Organicway (Xi'an) Food Ingredients
- Shanghai Freemen
Highlights of The Stevia Leaf Extracts 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:
- Powder
- Tablets
- Liquid
- Other
- By Application:
- Pharma & Healthcare
- Beverages
- Food Additives
- Other
- 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 Stevia Leaf Extracts 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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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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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 Leaf Extracts are a natural sweetener derived from the leaves of the Stevia plant. They are typically extracted using cold-pressed methods and have a low glycemic index, meaning they do not cause blood sugar spikes like other sugars.
Some of the major players in the stevia leaf extracts market are Zhucheng Haotian Pharm, Real Stevia, Xian Longze Biotechnology, Changsha Vigorous-Tech, Xian Sost Biotech, Sanhe Sweet Food, Organicway (Xi'an) Food Ingredients, Shanghai Freemen.
The stevia leaf extracts market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stevia Leaf Extracts 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. Stevia Leaf Extracts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stevia Leaf Extracts Market - Supply Chain
4.5. Global Stevia Leaf Extracts Market Forecast
4.5.1. Stevia Leaf Extracts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stevia Leaf Extracts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stevia Leaf Extracts Market Absolute $ Opportunity
5. Global Stevia Leaf Extracts 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. Stevia Leaf Extracts Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Tablets
5.3.3. Liquid
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stevia Leaf Extracts 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. Stevia Leaf Extracts Market Size and Volume Forecast by Application
6.3.1. Pharma & Healthcare
6.3.2. Beverages
6.3.3. Food Additives
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stevia Leaf Extracts 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. Stevia Leaf Extracts 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 Stevia Leaf Extracts 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. Stevia Leaf Extracts 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 Stevia Leaf Extracts Demand Share Forecast, 2019-2026
9. North America Stevia Leaf Extracts 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 Stevia Leaf Extracts 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 Stevia Leaf Extracts Market Size and Volume Forecast by Application
9.4.1. Pharma & Healthcare
9.4.2. Beverages
9.4.3. Food Additives
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stevia Leaf Extracts Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Tablets
9.7.3. Liquid
9.7.4. Other
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 Stevia Leaf Extracts Demand Share Forecast, 2019-2026
10. Latin America Stevia Leaf Extracts 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 Stevia Leaf Extracts 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 Stevia Leaf Extracts Market Size and Volume Forecast by Application
10.4.1. Pharma & Healthcare
10.4.2. Beverages
10.4.3. Food Additives
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stevia Leaf Extracts Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Tablets
10.7.3. Liquid
10.7.4. Other
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 Stevia Leaf Extracts Demand Share Forecast, 2019-2026
11. Europe Stevia Leaf Extracts 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 Stevia Leaf Extracts 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 Stevia Leaf Extracts Market Size and Volume Forecast by Application
11.4.1. Pharma & Healthcare
11.4.2. Beverages
11.4.3. Food Additives
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stevia Leaf Extracts Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Tablets
11.7.3. Liquid
11.7.4. Other
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 Stevia Leaf Extracts Demand Share, 2019-2026
12. Asia Pacific Stevia Leaf Extracts 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 Stevia Leaf Extracts 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 Stevia Leaf Extracts Market Size and Volume Forecast by Application
12.4.1. Pharma & Healthcare
12.4.2. Beverages
12.4.3. Food Additives
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stevia Leaf Extracts Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Tablets
12.7.3. Liquid
12.7.4. Other
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 Stevia Leaf Extracts Demand Share, 2019-2026
13. Middle East & Africa Stevia Leaf Extracts 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 Stevia Leaf Extracts 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 Stevia Leaf Extracts Market Size and Volume Forecast by Application
13.4.1. Pharma & Healthcare
13.4.2. Beverages
13.4.3. Food Additives
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stevia Leaf Extracts Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Tablets
13.7.3. Liquid
13.7.4. Other
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 Stevia Leaf Extracts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stevia Leaf Extracts Market: Market Share Analysis
14.2. Stevia Leaf Extracts Distributors and Customers
14.3. Stevia Leaf Extracts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zhucheng Haotian Pharm
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Real Stevia
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xian Longze Biotechnology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Changsha Vigorous-Tech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xian Sost Biotech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sanhe Sweet Food
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Organicway (Xi'an) Food Ingredients
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanghai Freemen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
