Food and Beverage Stevia Market Insights, Global Outlook and Forecast 2022-2028
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Stevia is basically a sweetener as well as substitute of sugar which is extract from the leaves of stevia plant.
The latest research study released by Market IntelliX evaluates market size and forecasts of Food and Beverage Stevia in global, including the following market information:
Global Food and Beverage Stevia Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Food and Beverage Stevia Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Food and Beverage Stevia companies in 2021 (%)
The global Food and Beverage Stevia market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Liquid Extract Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Food and Beverage Stevia include Nestle S.A., Evolva Holdings S.A., Stevia Corp., Pepsico Inc., Cargill Inc., GLG Life Tech Corp., PureCircle, The Coca Cola Company and Tate & Lyle. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Food and Beverage Stevia manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Food and Beverage Stevia Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Food and Beverage Stevia Market Segment Percentages, by Type, 2021 (%)
Liquid Extract
Powder Extract
Leaf Extract
Global Food and Beverage Stevia Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Food and Beverage Stevia Market Segment Percentages, by Application, 2021 (%)
Diabetic
Non-diabetics
Global Food and Beverage Stevia Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Food and Beverage Stevia Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food and Beverage Stevia revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Food and Beverage Stevia revenues share in global market, 2021 (%)
Key companies Food and Beverage Stevia sales in global market, 2017-2022 (Estimated), (MT)
Key companies Food and Beverage Stevia sales share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Nestle S.A.
Evolva Holdings S.A.
Stevia Corp.
Pepsico Inc.
Cargill Inc.
GLG Life Tech Corp.
PureCircle
The Coca Cola Company
Tate & Lyle
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Food and Beverage Stevia Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Food and Beverage Stevia Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Food and Beverage Stevia Overall Market Size
2.1 Global Food and Beverage Stevia Market Size: 2021 VS 2028
2.2 Global Food and Beverage Stevia Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Food and Beverage Stevia Sales: 2017-2028
3 Company Landscape
3.1 Top Food and Beverage Stevia Players in Global Market
3.2 Top Global Food and Beverage Stevia Companies Ranked by Revenue
3.3 Global Food and Beverage Stevia Revenue by Companies
3.4 Global Food and Beverage Stevia Sales by Companies
3.5 Global Food and Beverage Stevia Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Food and Beverage Stevia Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Food and Beverage Stevia Product Type
3.8 Tier 1, Tier 2 and Tier 3 Food and Beverage Stevia Players in Global Market
3.8.1 List of Global Tier 1 Food and Beverage Stevia Companies
3.8.2 List of Global Tier 2 and Tier 3 Food and Beverage Stevia Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Food and Beverage Stevia Market Size Markets, 2021 & 2028
4.1.2 Liquid Extract
4.1.3 Powder Extract
4.1.4 Leaf Extract
4.2 By Type - Global Food and Beverage Stevia Revenue & Forecasts
4.2.1 By Type - Global Food and Beverage Stevia Revenue, 2017-2022
4.2.2 By Type - Global Food and Beverage Stevia Revenue, 2023-2028
4.2.3 By Type - Global Food and Beverage Stevia Revenue Market Share, 2017-2028
4.3 By Type - Global Food and Beverage Stevia Sales & Forecasts
4.3.1 By Type - Global Food and Beverage Stevia Sales, 2017-2022
4.3.2 By Type - Global Food and Beverage Stevia Sales, 2023-2028
4.3.3 By Type - Global Food and Beverage Stevia Sales Market Share, 2017-2028
4.4 By Type - Global Food and Beverage Stevia Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Food and Beverage Stevia Market Size, 2021 & 2028
5.1.2 Diabetic
5.1.3 Non-diabetics
5.2 By Application - Global Food and Beverage Stevia Revenue & Forecasts
5.2.1 By Application - Global Food and Beverage Stevia Revenue, 2017-2022
5.2.2 By Application - Global Food and Beverage Stevia Revenue, 2023-2028
5.2.3 By Application - Global Food and Beverage Stevia Revenue Market Share, 2017-2028
5.3 By Application - Global Food and Beverage Stevia Sales & Forecasts
5.3.1 By Application - Global Food and Beverage Stevia Sales, 2017-2022
5.3.2 By Application - Global Food and Beverage Stevia Sales, 2023-2028
5.3.3 By Application - Global Food and Beverage Stevia Sales Market Share, 2017-2028
5.4 By Application - Global Food and Beverage Stevia Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Food and Beverage Stevia Market Size, 2021 & 2028
6.2 By Region - Global Food and Beverage Stevia Revenue & Forecasts
6.2.1 By Region - Global Food and Beverage Stevia Revenue, 2017-2022
6.2.2 By Region - Global Food and Beverage Stevia Revenue, 2023-2028
6.2.3 By Region - Global Food and Beverage Stevia Revenue Market Share, 2017-2028
6.3 By Region - Global Food and Beverage Stevia Sales & Forecasts
6.3.1 By Region - Global Food and Beverage Stevia Sales, 2017-2022
6.3.2 By Region - Global Food and Beverage Stevia Sales, 2023-2028
6.3.3 By Region - Global Food and Beverage Stevia Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Food and Beverage Stevia Revenue, 2017-2028
6.4.2 By Country - North America Food and Beverage Stevia Sales, 2017-2028
6.4.3 US Food and Beverage Stevia Market Size, 2017-2028
6.4.4 Canada Food and Beverage Stevia Market Size, 2017-2028
6.4.5 Mexico Food and Beverage Stevia Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Food and Beverage Stevia Revenue, 2017-2028
6.5.2 By Country - Europe Food and Beverage Stevia Sales, 2017-2028
6.5.3 Germany Food and Beverage Stevia Market Size, 2017-2028
6.5.4 France Food and Beverage Stevia Market Size, 2017-2028
6.5.5 U.K. Food and Beverage Stevia Market Size, 2017-2028
6.5.6 Italy Food and Beverage Stevia Market Size, 2017-2028
6.5.7 Russia Food and Beverage Stevia Market Size, 2017-2028
6.5.8 Nordic Countries Food and Beverage Stevia Market Size, 2017-2028
6.5.9 Benelux Food and Beverage Stevia Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Food and Beverage Stevia Revenue, 2017-2028
6.6.2 By Region - Asia Food and Beverage Stevia Sales, 2017-2028
6.6.3 China Food and Beverage Stevia Market Size, 2017-2028
6.6.4 Japan Food and Beverage Stevia Market Size, 2017-2028
6.6.5 South Korea Food and Beverage Stevia Market Size, 2017-2028
6.6.6 Southeast Asia Food and Beverage Stevia Market Size, 2017-2028
6.6.7 India Food and Beverage Stevia Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Food and Beverage Stevia Revenue, 2017-2028
6.7.2 By Country - South America Food and Beverage Stevia Sales, 2017-2028
6.7.3 Brazil Food and Beverage Stevia Market Size, 2017-2028
6.7.4 Argentina Food and Beverage Stevia Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Food and Beverage Stevia Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Food and Beverage Stevia Sales, 2017-2028
6.8.3 Turkey Food and Beverage Stevia Market Size, 2017-2028
6.8.4 Israel Food and Beverage Stevia Market Size, 2017-2028
6.8.5 Saudi Arabia Food and Beverage Stevia Market Size, 2017-2028
6.8.6 UAE Food and Beverage Stevia Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Nestle S.A.
7.1.1 Nestle S.A. Corporate Summary
7.1.2 Nestle S.A. Business Overview
7.1.3 Nestle S.A. Food and Beverage Stevia Major Product Offerings
7.1.4 Nestle S.A. Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.1.5 Nestle S.A. Key News
7.2 Evolva Holdings S.A.
7.2.1 Evolva Holdings S.A. Corporate Summary
7.2.2 Evolva Holdings S.A. Business Overview
7.2.3 Evolva Holdings S.A. Food and Beverage Stevia Major Product Offerings
7.2.4 Evolva Holdings S.A. Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.2.5 Evolva Holdings S.A. Key News
7.3 Stevia Corp.
7.3.1 Stevia Corp. Corporate Summary
7.3.2 Stevia Corp. Business Overview
7.3.3 Stevia Corp. Food and Beverage Stevia Major Product Offerings
7.3.4 Stevia Corp. Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.3.5 Stevia Corp. Key News
7.4 Pepsico Inc.
7.4.1 Pepsico Inc. Corporate Summary
7.4.2 Pepsico Inc. Business Overview
7.4.3 Pepsico Inc. Food and Beverage Stevia Major Product Offerings
7.4.4 Pepsico Inc. Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.4.5 Pepsico Inc. Key News
7.5 Cargill Inc.
7.5.1 Cargill Inc. Corporate Summary
7.5.2 Cargill Inc. Business Overview
7.5.3 Cargill Inc. Food and Beverage Stevia Major Product Offerings
7.5.4 Cargill Inc. Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.5.5 Cargill Inc. Key News
7.6 GLG Life Tech Corp.
7.6.1 GLG Life Tech Corp. Corporate Summary
7.6.2 GLG Life Tech Corp. Business Overview
7.6.3 GLG Life Tech Corp. Food and Beverage Stevia Major Product Offerings
7.6.4 GLG Life Tech Corp. Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.6.5 GLG Life Tech Corp. Key News
7.7 PureCircle
7.7.1 PureCircle Corporate Summary
7.7.2 PureCircle Business Overview
7.7.3 PureCircle Food and Beverage Stevia Major Product Offerings
7.7.4 PureCircle Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.7.5 PureCircle Key News
7.8 The Coca Cola Company
7.8.1 The Coca Cola Company Corporate Summary
7.8.2 The Coca Cola Company Business Overview
7.8.3 The Coca Cola Company Food and Beverage Stevia Major Product Offerings
7.8.4 The Coca Cola Company Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.8.5 The Coca Cola Company Key News
7.9 Tate & Lyle
7.9.1 Tate & Lyle Corporate Summary
7.9.2 Tate & Lyle Business Overview
7.9.3 Tate & Lyle Food and Beverage Stevia Major Product Offerings
7.9.4 Tate & Lyle Food and Beverage Stevia Sales and Revenue in Global (2017-2022)
7.9.5 Tate & Lyle Key News
8 Global Food and Beverage Stevia Production Capacity, Analysis
8.1 Global Food and Beverage Stevia Production Capacity, 2017-2028
8.2 Food and Beverage Stevia Production Capacity of Key Manufacturers in Global Market
8.3 Global Food and Beverage Stevia Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Food and Beverage Stevia Supply Chain Analysis
10.1 Food and Beverage Stevia Industry Value Chain
10.2 Food and Beverage Stevia Upstream Market
10.3 Food and Beverage Stevia Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Food and Beverage Stevia Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Food and Beverage Stevia Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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