Product Code: GVR-4-68040-608-0
Steviol Glycoside Market Growth & Trends:
The global steviol glycoside market is anticipated to reach USD 7,150.6 million by 2030 and is anticipated to expand at a CAGR of 5.2% during the forecast period, according to a new report by Grand View Research, Inc. Rising health awareness and the demand for low-calorie, natural alternatives have boosted interest in steviol glycoside, zero-calorie sweeteners derived from the stevia plant. As non-glycemic compounds, they appeal to consumers aiming to manage weight, diabetes, and overall wellness, driving their use in functional foods, beverages, and supplements.
The stevioside segment dominated the market with a revenue share of 41.2% in 2024. Stevioside's cost-effectiveness compared to other high-purity stevia extracts makes it an attractive option for large-scale food and beverage manufacturers. Its strong sweetening power, ease of formulation, and stability under heat and acidic conditions also contribute to its widespread use in processed foods, baked goods, and carbonated drinks.
North America market dominated the global landscape. This growth is attributed to the strong regulatory support and Generally Recognized As Safe(GRAS) status granted by the U.S. Food and Drug Administration (FDA), which has encouraged its widespread adoption across food, beverage, medicine, chemicals, paints & coatings and personal care categories. Additionally, advancements in stevia extraction and formulation technologies by regional manufacturers have improved taste profiles, making steviol glycosides more appealing to both consumers and formulators.
Steviol Glycoside Market Report Highlights:
- The beverage segment is witnessing rapid growth, which can be attributed to the increasing regulatory support and approvals for steviol glycosides across major global markets. This has enabled major beverage companies to confidently invest in reformulation and innovation. In addition, rising demand for plant-based and functional drinks, especially among younger demographics, has further fueled the adoption of stevia-based sweeteners in the beverage industry.
- U.S. steviol glycoside market growth is driven byincreasing health concerns related to sugar consumption, along with the growing popularity of keto, diabetic-friendly, and low-glycemic diets. As consumers actively seek sugar alternatives that align with these lifestyle choices, steviol glycosides offer a zero-calorie, plant-based solution without impacting blood glucose levels. This has led to their increased incorporation in a wide range of packaged foods and meal replacements. In addition, strong R&D investment by U.S. food and beverage manufacturers has spurred innovation in stevia-based product offerings.
- In June 2024, Ingredion Incorporated announced that UK food safety regulators have approved the use of PureCircle by Ingredion's steviol glycosides, produced through bioconversion, expanding access to the most flavorful stevia molecules for food and beverage applications.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.1.1. Market Segmentation
- 1.1.2. Market Definition
- 1.2. Research Scope & Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Snapshot, 2024 (USD Million)
- 2.2. Segmental Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Global Steviol Glycoside Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Product Trends
- 3.3.2. Technology Trends
- 3.4. Price Trend Analysis, 2018 - 2030
- 3.4.1. Factors Influencing Prices
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Market Opportunity Analysis
- 3.6.4. Market Challenge Analysis
- 3.7. Business Environment Analysis
- 3.7.1. Porter's Five Forces Analysis
- 3.7.2. PESTEL Analysis
Chapter 4. Global Steviol Glycoside Market: Product Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2024 & 2030
- 4.2.1. Stevioside
- 4.2.1.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.2. Rebaudioside A
- 4.2.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.3. Rebaudioside C
- 4.2.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.4. Dulcoside A
- 4.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.5. Others
- 4.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Global Steviol Glycoside Market: End Use Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. End Use Movement Analysis & Market Share, 2024 & 2030
- 5.2.1. Beverage
- 5.2.1.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2. Food
- 5.2.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.3. Medicine
- 5.2.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4. Chemicals
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5. Paints & Coatings
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.6. Personal Care
- 5.2.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Global Steviol Glycoside Market: Region Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.3. North America
- 6.3.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Europe
- 6.4.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4. Germany
- 6.4.4.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5. UK
- 6.4.5.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6. France
- 6.4.6.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7. Italy
- 6.4.7.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.8. Spain
- 6.4.8.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.8.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.8.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4. China
- 6.5.4.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.5. India
- 6.5.5.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.5.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.5.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.6.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.6.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.7. South Korea
- 6.5.7.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.7.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.7.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.6. Latin America
- 6.6.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4. Brazil
- 6.6.4.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.5. Argentina
- 6.6.5.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.5.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.5.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.4. Saudi Arabia
- 6.7.4.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.4.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.4.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.5. South Africa
- 6.7.5.1. Steviol Glycoside Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.5.2. Market estimates and forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.7.5.3. Market estimates and forecasts, By End Use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Key Global Players & Recent Developments & Their Impact on the Industry
- 7.2. Company/Competition Categorization
- 7.3. Company Market Position Analysis, 2024
- 7.4. Company Heat Map Analysis
- 7.5. Company Dashboard Analysis
- 7.6. Strategy Mapping
- 7.6.1. Expansions
- 7.6.2. Mergers & Acquisitions
- 7.6.3. Collaborations/Partnerships/Agreements
- 7.6.4. New Product Launches
- 7.6.5. Others
Chapter 8. Company Listing (Overview, Financial Performance, Products Overview)
- 8.1. PureCircle
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.2. Cargill, Incorporated
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.3. Tate & Lyle
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.4. ADM (Archer Daniels Midland)
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.5. GLG Life Tech Corp.
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.6. HOWTIAN
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.7. Evolva Holding SA
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.8. Stevia First Corp.
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.9. Sunwin Stevia International Inc
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.10. Kerry Group plc.
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.11. FUJIFILM Wako Pure Chemical Corporation
- 8.11.1. Company Overview
- 8.11.2. Financial Performance
- 8.11.3. Product Benchmarking
- 8.12. GLSTEVIA
- 8.12.1. Company Overview
- 8.12.2. Financial Performance
- 8.12.3. Product Benchmarking
- 8.13. MORITA KAGAKU KOGYO CO., LTD.
- 8.13.1. Company Overview
- 8.13.2. Financial Performance
- 8.13.3. Product Benchmarking
- 8.14. Zydus Wellness.com
- 8.14.1. Company Overview
- 8.14.2. Financial Performance
- 8.14.3. Product Benchmarking
- 8.15. Whole Earth Brands
- 8.15.1. Company Overview
- 8.15.2. Financial Performance
- 8.15.3. Product Benchmarking
- 8.16. Daepyung Co., Ltd.
- 8.16.1. Company Overview
- 8.16.2. Financial Performance
- 8.16.3. Product Benchmarking