Global Stevia And Truvia Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Stevia and Truvia.

By Extract Type;

Whole Leaf, Powdered, and Liquid.

By Application;

Food, Beverage, Pharmaceutical, and Daily Chemical.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn880322761 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Stevia And Truvia Market (USD Million), 2021 - 2031

In the year 2024, the Global Stevia And Truvia Market was valued at USD 11,383.66 million. The size of this market is expected to increase to USD 21,902.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.

The global Stevia and Truvia market is experiencing significant growth, driven by increasing consumer demand for healthier, low-calorie, and natural alternatives to traditional sweeteners. Stevia, a natural plant-based sweetener derived from the leaves of the Stevia rebaudiana plant, is gaining popularity due to its zero-calorie content and potential health benefits, such as helping to manage blood sugar levels and reduce calorie intake. Truvia, one of the most recognized stevia-based sweeteners, is produced by blending stevia extracts with other ingredients to create a sweetener with a taste profile similar to sugar. As concerns about obesity, diabetes, and the adverse effects of excessive sugar consumption continue to rise globally, consumers are increasingly turning to Stevia and Truvia as alternatives in both food and beverages. This shift is also supported by a growing preference for natural ingredients, as consumers move away from artificial sweeteners.

The Stevia and Truvia market is further fueled by the expansion of the food and beverage industry, with manufacturers incorporating these sweeteners into a variety of products, including soft drinks, baked goods, dairy products, snacks, and dietary supplements. The market is witnessing strong growth in both developed and emerging economies, with increasing awareness of the health risks associated with sugar consumption, particularly in regions like North America, Europe, and Asia Pacific. As more companies invest in the research and development of stevia-based products and new formulations, the market for Stevia and Truvia is expected to continue expanding. Moreover, the growing popularity of plant-based diets and sustainable food production methods is providing further opportunities for the market, positioning Stevia and Truvia as key players in the global shift towards healthier, more sustainable food options.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Extract Type

    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Stevia And Truvia Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Health Consciousness
        2. Rising Prevalence of Obesity and Diabetes
        3. Demand for Natural Sweetener
      2. Restraints
        1. High Production Costs
        2. Taste and Flavor Limitations
        3. Regulatory Challenges
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Product Innovation and New Formulations
        3. Growing Popularity of Plant-Based and Organic Products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Stevia And Truvia Market, By Type, 2021 - 2031 (USD Million)
      1. Stevia
      2. Truvia
    2. Global Stevia And Truvia Market, By Extract Type, 2021 - 2031 (USD Million)
      1. Whole Leaf
      2. Powdered
      3. Liquid
    3. Global Stevia And Truvia Market, By Application, 2021 - 2031 (USD Million)
      1. Food
      2. Beverage
      3. Pharmaceutical
      4. Daily Chemical
    4. Global Stevia And Truvia Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill Incorporated
      2. Ingredion Incorporated
      3. Koninklijke DSM NV
      4. Tate and Lyle Plc.
      5. Sunwin Stevia International, Inc.
      6. GLG Life Tech Corp
      7. Evolva Holding SA Nemours & Co.
  7. Analyst Views
  8. Future Outlook of the Market