Global Steviol Glycoside Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Stevioside, Rebaudioside A, Rebaudioside C, Dulcoside A and Others.

By End-User;

Beverage, Food, Medicine, Chemicals and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn574029539 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Steviol Glycoside Market (USD Million), 2021 - 2031

In the year 2024, the Global Steviol Glycoside Market was valued at USD 988.82 million. The size of this market is expected to increase to USD 1,807.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

The global steviol glycoside market has witnessed significant growth in recent years, driven by the increasing demand for natural sweeteners as healthier alternatives to traditional sugar. Steviol glycosides, derived from the leaves of the Stevia rebaudiana plant, are known for their intense sweetness and zero-calorie content, making them an attractive choice for consumers seeking to reduce sugar intake without compromising on taste. This shift towards healthier eating habits, combined with a growing awareness of the adverse effects of excessive sugar consumption, has propelled the market forward.

Health-conscious consumers, the food and beverage industry has played a pivotal role in the expansion of the steviol glycoside market. Manufacturers are increasingly incorporating steviol glycosides into various products, ranging from soft drinks and baked goods to dairy and confectionery items. Regulatory support and approval in numerous regions have further facilitated the adoption of steviol glycosides, allowing companies to innovate and diversify their product offerings while meeting consumer demand for healthier options.

The rising prevalence of lifestyle-related diseases, such as obesity and diabetes, has intensified the focus on sugar alternatives. As consumers become more educated about the benefits of natural sweeteners, the steviol glycoside market is poised for continued growth. With advancements in extraction techniques and increasing investment in research and development, the future looks promising for steviol glycosides as they gain traction in the global sweetener landscape.

  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 End-User
    3. Market Snapshot, By Region
  4. Global Steviol Glycoside Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Consciousness

        2. Sugar Alternatives

        3. Food & Beverage Industry Growth

        4. Diabetes Management

      2. Restraints
        1. Cost of Production

        2. Market Competition

        3. Limited Awareness

        4. Supply Chain Issues

      3. Opportunities
        1. Emerging Markets

        2. Product Innovation

        3. Sustainability Focus

        4. Consumer Education

    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 Steviol Glycoside Market, By Type, 2021 - 2031 (USD Million)
      1. Stevioside
      2. Rebaudioside A
      3. Rebaudioside C
      4. Dulcoside A
      5. Others
    2. Global Steviol Glycoside Market, By End-User, 2021 - 2031 (USD Million)
      1. Beverage
      2. Food
      3. Medicine
      4. Chemicals
      5. Others
    3. Global Steviol Glycoside 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 ASEAN (Association of South East Asian Countries)
        6. 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. PureCircle
      3. Sunrise Nutrachem Group
      4. GL Stevia
      5. Tate & Lyle, MORITA KAGAKU KOGYO CO. LTD.,
      6. Ingredion Incorporated
      7. GLG LIFE TECH CORP
      8. Ingredion
      9. Sunwin Stevia International Inc.
      10. Zhucheng HaoTian Pharm Co.Ltd.,
      11. FUJIFILM Wako Pure Chemical Corporation,
      12. The Framework for Steviol Glycosides
      13. Sweegen.com
      14. Evolva
      15. Stevia Extraction Technology
      16. Koninklijke DSM N.V.,
      17. Layn Corp.
      18. Archer Daniels Midland Company
      19. Kerry Inc.
  7. Analyst Views
  8. Future Outlook of the Market