TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 17
1.1 MARKET ATTRACTIVENESS ANALYSIS 19
1.1.1 GLOBAL STEVIA MARKET, BY TYPE 20
1.1.2 GLOBAL STEVIA MARKET, BY NATURE 21
1.1.3 GLOBAL STEVIA MARKET, BY APPLICATION 22
1.1.4 GLOBAL STEVIA MARKET, BY DISTRIBUTION CHANNEL 23
1.1.5 GLOBAL STEVIA MARKET, BY REGION 24
2 MARKET INTRODUCTION 25
2.1 DEFINITION 25
2.2 SCOPE OF THE STUDY 25
2.3 RESEARCH OBJECTIVE 26
2.4 MARKET STRUCTURE 26
2.5 KEY BUYING CRITERIA 27
3 RESEARCH METHODOLOGY 28
3.1 RESEARCH PROCESS 28
3.2 PRIMARY RESEARCH 29
3.3 SECONDARY RESEARCH 30
3.4 MARKET SIZE ESTIMATION 31
3.5 FORECAST MODEL 32
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 33
4 MARKET DYNAMICS 34
4.1 INTRODUCTION 34
4.2 DRIVERS 34
4.2.1 GROWING NUMBER OF PEOPLE SUFFERING FROM DIABETES AND OBESITY 34
4.2.2 INCREASED LEVYING OF TAXES BY GOVERNMNET BODIES ON SUGAR-SWEETENED BEVERAGES 37
4.2.3 GROWING INNOVATIONS BY MAJOR PLAYERS 38
4.2.4 DRIVER IMPACT ANALYSIS 39
4.3 RESTRAINTS 39
4.3.1 STRINGENT GOVERNMENT REGULATION 39
4.3.2 RESTRAINT IMPACT ANALYSIS 40
4.4 OPPORTUNITIES 41
4.4.1 WIDE USAGE OF STEVIA IN VARIOUS APPLICATION 41
4.4.2 GROWING EXPANSION POLICIES ADOPTED BY KEY PLAYERS 42
4.5 CHALLENGES 42
4.5.1 SIDE-EFFECTS ASSOCIATED WITH THE CONSUMPTION OF STEVIA 42
5 MARKET FACTOR ANALYSIS 43
5.1 VALUE CHAIN ANALYSIS 43
5.1.1 RAW MATERIAL PROCUREMENT 44
5.1.2 MANUFACTURING 44
5.1.3 PACKAGING 45
5.2 SUPPLY CHAIN ANALYSIS 45
5.2.1 RAW MATERIALS SOURCING 46
5.2.2 MANUFACTURING 46
5.2.3 DISTRIBUTION 46
5.2.4 END-USER 46
5.3 PORTER'S FIVE FORCES MODEL 47
5.3.1 BARGAINING POWER OF SUPPLIERS 48
5.3.2 BARGAINING POWER OF BUYERS 48
5.3.3 THREAT OF NEW ENTRANTS 48
5.3.4 THREAT OF SUBSTITUTES 49
5.3.5 INTENSITY OF RIVALRY 49
5.4 IMPACT OF COVID-19 PANDEMIC ON GLOBAL STEVIA MARKET 49
5.4.1 IMPACT ON PRODUCTION 49
5.4.2 IMPACT ON SUPPLY CHAIN 50
5.4.3 IMPACT ON PRICING 50
5.4.4 IMPACT ON CONSUMER BUYING BEHAVIOUR 50
5.4.5 IMPACT ON ONLINE VS OFFLINE SALES 51
6 GLOBAL STEVIA MARKET, BY TYPE 52
6.1 OVERVIEW 52
6.1.1 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2030 53
6.2 LIQUID EXTRACT 53
6.2.1 LIQUID EXTRACT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 53
6.3 POWDER EXTRACT 54
6.3.1 POWDER EXTRACT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 54
6.4 STEVIA LEAVES 55
6.4.1 STEVIA LEAVES: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 55
7 GLOBAL STEVIA MARKET, BY NATURE 56
7.1 OVERVIEW 56
7.1.1 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY NATURE, 2020–2030 57
7.2 ORGANIC 57
7.2.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 57
7.3 REGULAR 58
7.3.1 REGULAR: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 58
8 GLOBAL STEVIA MARKET, BY APPLICATION 59
8.1 OVERVIEW 59
8.1.1 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 60
8.2 RESIDENTIAL/RETAIL 61
8.2.1 RESIDENTIAL/RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 61
8.3 COMMERCIAL 61
8.3.1 COMMERCIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 62
8.3.2 DAIRY & FROZEN DESSERT 62
8.3.2.1 DAIRY & FROZEN DESSERT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 62
8.3.3 BAKERY & CONFECTIONERY 63
8.3.3.1 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 63
8.3.4 SWEET & SAVORY SNACKS 63
8.3.4.1 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 63
8.3.5 TABLETOP SWEETENER 64
8.3.5.1 TABLETOP SWEETENER: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 64
8.3.6 PACKAGED FOOD PRODUCTS 64
8.3.6.1 PACKAGED FOOD PRODUCTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 64
8.3.7 BEVERAGES 65
8.3.7.1 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 65
8.3.8 DIETARY SUPPLEMENTS 65
8.3.8.1 DIETARY SUPPLEMENTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 65
8.3.9 OTHERS 66
8.3.9.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 66
9 GLOBAL STEVIA MARKET, BY DISTRIBUTION CHANNEL 67
9.1 OVERVIEW 67
9.1.1 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 68
9.2 ONLINE 69
9.2.1 ONLINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 69
9.3 OFFLINE 70
9.3.1 OFFLINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 70
10 GLOBAL STEVIA MARKET, BY REGION 71
10.1 OVERVIEW 71
10.2 NORTH AMERICA 73
10.2.1 US 75
10.2.2 CANADA 77
10.2.3 MEXICO 78
10.3 EUROPE 80
10.3.1 GERMANY 82
10.3.2 UK 84
10.3.3 FRANCE 85
10.3.4 SPAIN 86
10.3.5 ITALY 88
10.3.6 REST OF EUROPE 89
10.4 ASIA-PACIFIC 91
10.4.1 CHINA 93
10.4.2 JAPAN 94
10.4.3 INDIA 96
10.4.4 AUSTRALIA & NEW ZEALAND 97
10.4.5 REST OF ASIA-PACIFIC 98
10.5 REST OF THE WORLD 100
10.5.1 SOUTH AMERICA 102
10.5.2 MIDDLE EAST 103
10.5.3 AFRICA 105
11 COMPETITIVE LANDSCAPE 107
11.1 INTRODUCTION 107
11.2 MARKET STRATEGY ANALYSIS 107
11.3 COMPETITIVE BENCHMARKING 108
11.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 109
11.4.1 COLLABORATION 109
11.4.2 AGREEMENT 109
11.4.3 MERGER & ACQUISITION 109
11.4.4 PROGRAM LAUNCH 110
11.4.5 EXPANSION 110
11.4.6 PRODUCT LAUNCH 111
12 COMPANY PROFILES 112
12.1 CARGILL INCORPORATED 112
12.1.1 COMPANY OVERVIEW 112
12.1.2 FINANCIAL OVERVIEW 113
12.1.3 PRODUCTS OFFERED 113
12.1.4 KEY DEVELOPMENTS 114
12.1.5 SWOT ANALYSIS 115
12.1.6 KEY STRATEGIES 115
12.2 INGREDION INCORPORATED 116
12.2.1 COMPANY OVERVIEW 116
12.2.2 FINANCIAL OVERVIEW 117
12.2.3 PRODUCTS OFFERED 118
12.2.4 KEY DEVELOPMENTS 118
12.2.5 SWOT ANALYSIS 119
12.2.6 KEY STRATEGIES 119
12.3 TATE & LYLE PLC 120
12.3.1 COMPANY OVERVIEW 120
12.3.2 FINANCIAL OVERVIEW 121
12.3.3 PRODUCTS OFFERED 122
12.3.4 KEY DEVELOPMENTS 123
12.3.5 SWOT ANALYSIS 124
12.3.6 KEY STRATEGIES 124
12.4 ARCHER-DANIELS-MIDLAND COMPANY 125
12.4.1 COMPANY OVERVIEW 125
12.4.2 FINANCIAL OVERVIEW 126
12.4.3 PRODUCTS OFFERED 126
12.4.4 KEY DEVELOPMENTS 127
12.4.5 SWOT ANALYSIS 127
12.4.6 KEY STRATEGIES 127
12.5 TEREOS 128
12.5.1 COMPANY OVERVIEW 128
12.5.2 FINANCIAL OVERVIEW 129
12.5.3 PRODUCTS OFFERED 130
12.5.4 KEY DEVELOPMENTS 130
12.5.5 SWOT ANALYSIS 131
12.5.6 KEY STRATEGIES 131
12.6 GLG LIFE TECH CORP. 132
12.6.1 COMPANY OVERVIEW 132
12.6.2 FINANCIAL OVERVIEW 133
12.6.3 PRODUCTS OFFERED 134
12.6.4 KEY DEVELOPMENTS 134
12.6.5 SWOT ANALYSIS 134
12.6.6 KEY STRATEGIES 135
12.7 NOW FOODS 136
12.7.1 COMPANY OVERVIEW 136
12.7.2 FINANCIAL OVERVIEW 136
12.7.3 PRODUCTS OFFERED 136
12.7.4 KEY DEVELOPMENTS 136
12.7.5 KEY STRATEGIES 137
12.8 FOODING GROUP LIMITED 138
12.8.1 COMPANY OVERVIEW 138
12.8.2 FINANCIAL OVERVIEW 138
12.8.3 PRODUCTS OFFERED 138
12.8.4 KEY DEVELOPMENTS 139
12.8.5 KEY STRATEGIES 139
12.9 HOWTIAN 140
12.9.1 COMPANY OVERVIEW 140
12.9.2 FINANCIAL OVERVIEW 140
12.9.3 PRODUCTS OFFERED 140
12.9.4 KEY DEVELOPMENTS 141
12.9.5 KEY STRATEGIES 141
12.10 SUNWIN STEVIA INTERNATIONAL INC. 142
12.10.1 COMPANY OVERVIEW 142
12.10.2 FINANCIAL OVERVIEW 142
12.10.3 PRODUCTS OFFERED 142
12.10.4 KEY DEVELOPMENTS 143
12.10.5 KEY STRATEGIES 143
13 APPENDIX 144
13.1 REFERENCES 144
13.2 RELATED REPORTS 145
LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 29
TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 33
TABLE 3 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2030 (USD MILLION) 53
TABLE 4 LIQUID EXTRACT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 53
TABLE 5 POWDER EXTRACT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 54
TABLE 6 STEVIA LEAVES: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 55
TABLE 7 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY NATURE, 2020–2030 (USD MILLION) 57
TABLE 8 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 57
TABLE 9 REGULAR: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 58
TABLE 10 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 (USD MILLION) 60
TABLE 11 RESIDENTIAL/RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 61
TABLE 12 COMMERCIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 62
TABLE 13 DAIRY & FROZEN DESSERT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 62
TABLE 14 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 63
TABLE 15 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 63
TABLE 16 TABLETOP SWEETENER: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 64
TABLE 17 PACKAGED FOOD PRODUCTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 64
TABLE 18 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 65
TABLE 19 DIETARY SUPPLEMENTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 65
TABLE 20 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 66
TABLE 21 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 68
TABLE 22 ONLINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 69
TABLE 23 OFFLINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 70
TABLE 24 GLOBAL STEVIA MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 72
TABLE 25 NORTH AMERICA: STEVIA MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 (USD MILLION) 74
TABLE 26 NORTH AMERICA: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 74
TABLE 27 NORTH AMERICA: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 74
TABLE 28 NORTH AMERICA: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 75
TABLE 29 NORTH AMERICA: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 75
TABLE 30 US: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 75
TABLE 31 US: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 76
TABLE 32 US: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 76
TABLE 33 US: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 76
TABLE 34 CANADA: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 77
TABLE 35 CANADA: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 77
TABLE 36 CANADA: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 77
TABLE 37 CANADA: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 78
TABLE 38 MEXICO: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 78
TABLE 39 MEXICO: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 78
TABLE 40 MEXICO: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 79
TABLE 41 MEXICO: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 79
TABLE 42 EUROPE: STEVIA MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 81
TABLE 43 EUROPE: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 81
TABLE 44 EUROPE: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 81
TABLE 45 EUROPE: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 82
TABLE 46 EUROPE: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 82
TABLE 47 GERMAY: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 82
TABLE 48 GERMANY: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 83
TABLE 49 GERMANY: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 83
TABLE 50 GERMANY: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 83
TABLE 51 UK: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 84
TABLE 52 UK: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 84
TABLE 53 UK: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 84
TABLE 54 UK: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 85
TABLE 55 FRANCE: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 85
TABLE 56 FRANCE: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 85
TABLE 57 FRANCE: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 86
TABLE 58 FRANCE: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 86
TABLE 59 SPAIN: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 86
TABLE 60 SPAIN: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 87
TABLE 61 SPAIN: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 87
TABLE 62 SPAIN: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 87
TABLE 63 ITALY: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 88
TABLE 64 ITALY: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 88
TABLE 65 ITALY: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 88
TABLE 66 ITALY: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 89
TABLE 67 REST OF EUROPE: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 89
TABLE 68 REST OF EUROPE: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 89
TABLE 69 REST OF EUROPE: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 90
TABLE 70 REST OF EUROPE: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 90
TABLE 71 ASIA-PACIFIC: STEVIA MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 91
TABLE 72 ASIA-PACIFIC: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 92
TABLE 73 ASIA-PACIFIC: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 92
TABLE 74 ASIA-PACIFIC: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 92
TABLE 75 ASIA-PACIFIC: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 93
TABLE 76 CHINA: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 93
TABLE 77 CHINA: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 93
TABLE 78 CHINA: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 94
TABLE 79 CHINA: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 94
TABLE 80 JAPAN: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 94
TABLE 81 JAPAN: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 95
TABLE 82 JAPAN: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 95
TABLE 83 JAPAN: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 95
TABLE 84 INDIA: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 96
TABLE 85 INDIA: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 96
TABLE 86 INDIA: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 96
TABLE 87 INDIA: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 97
TABLE 88 AUSTRALIA & NEW ZEALAND: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 97
TABLE 89 AUSTRALIA & NEW ZEALAND: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 97
TABLE 90 AUSTRALIA & NEW ZEALAND: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 98
TABLE 91 AUSTRALIA & NEW ZEALAND: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 98
TABLE 92 REST OF ASIA-PACIFIC: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 98
TABLE 93 REST OF ASIA-PACIFIC: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 99
TABLE 94 REST OF ASIA-PACIFIC: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 99
TABLE 95 REST OF ASIA-PACIFIC: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 99
TABLE 96 REST OF THE WORLD: STEVIA MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 (USD MILLION) 100
TABLE 97 REST OF THE WORLD: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 101
TABLE 98 REST OF THE WORLD: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 101
TABLE 99 REST OF THE WORLD: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 101
TABLE 100 REST OF THE WORLD: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 102
TABLE 101 SOUTH AMERICA: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 102
TABLE 102 SOUTH AMERICA: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 102
TABLE 103 SOUTH AMERICA: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 103
TABLE 104 SOUTH AMERICA: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 103
TABLE 105 MIDDLE EAST: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 103
TABLE 106 MIDDLE EAST: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 104
TABLE 107 MIDDLE EAST: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 104
TABLE 108 MIDDLE EAST: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 104
TABLE 109 AFRICA: STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 105
TABLE 110 AFRICA: STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 105
TABLE 111 AFRICA: STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 105
TABLE 112 AFRICA: STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 106
TABLE 113 COLLABORATION 109
TABLE 114 AGREEMENT 109
TABLE 115 MERGER & ACQUISITION 109
TABLE 116 PROGRAM LAUNCH 110
TABLE 117 EXPANSION 110
TABLE 118 PRODUCT LAUNCH 111
TABLE 119 CARGILL INCORPORATED: PRODUCTS OFFERED 113
TABLE 120 CARGILL INCORPORATED: KEY DEVELOPMENTS 114
TABLE 121 INGREDION INCORPORATED: PRODUCTS OFFERED 118
TABLE 122 INGREDION INCORPORATED: KEY DEVELOPMENTS 118
TABLE 123 TATE & LYLE PLC: PRODUCTS OFFERED 122
TABLE 124 TATE & LYLE PLC: KEY DEVELOPMENTS 123
TABLE 125 ARCHER-DANIELS-MIDLAND COMPANY: PRODUCTS OFFERED 126
TABLE 126 TEREOS: PRODUCTS OFFERED 130
TABLE 127 TEREOS: KEY DEVELOPMENTS 130
TABLE 128 GLG LIFE TECH CORP.: PRODUCTS OFFERED 134
TABLE 129 GLG LIFE TECH CORP.: KEY DEVELOPMENTS 134
TABLE 130 NOW FOODS: PRODUCTS OFFERED 136
TABLE 131 FOODING GROUP LIMITED: PRODUCTS OFFERED 138
TABLE 132 HOWTIAN: PRODUCTS OFFERED 140
TABLE 133 SUNWIN STEVIA INTERNATIONAL INC.: PRODUCTS OFFERED 142
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 18
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL STEVIA MARKET, 2022 19
FIGURE 3 GLOBAL STEVIA MARKET ANALYSIS, BY TYPE, 2022 20
FIGURE 4 GLOBAL STEVIA MARKET ANALYSIS, BY NATURE, 2022 21
FIGURE 5 GLOBAL STEVIA MARKET ANALYSIS, BY APPLICATION, 2022 22
FIGURE 6 GLOBAL STEVIA MARKET ANALYSIS, BY DISTRIBUTION CHANNEL, 2022 23
FIGURE 7 GLOBAL STEVIA MARKET ANALYSIS, BY REGION, 2022 24
FIGURE 8 GLOBAL STEVIA MARKET: STRUCTURE 26
FIGURE 9 KEY BUYING CRITERIA FOR STEVIA 27
FIGURE 10 RESEARCH PROCESS 28
FIGURE 11 TOP-DOWN & BOTTOM-UP APPROACHES 31
FIGURE 12 MARKET DYNAMIC ANALYSIS OF THE GLOBAL STEVIA MARKET 34
FIGURE 13 COUNTRIES WITH THE HIGHEST NUMBER OF DIABETICS WORLDWIDE IN 2021 36
FIGURE 14 NUMBER OF OVERWEIGHT PEOPLE WORLDWIDE AS OF 2019, BY AGE 36
FIGURE 15 NUMBER OF FOOD AND BEVERAGE PRODUCT LAUNCHES WITH STEVIA WORLDWIDE, 2010 TO 2017 38
FIGURE 16 VALUE CHAIN: GLOBAL STEVIA MARKET 43
FIGURE 17 GLOBAL STEVIA FOOD MARKET: SUPPLY CHAIN ANALYSIS 45
FIGURE 18 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL STEVIA MARKET 47
FIGURE 19 GLOBAL STEVIA MARKET, BY TYPE, 2022 (% SHARE) 52
FIGURE 20 GLOBAL STEVIA MARKET, BY TYPE, 2020–2030 (USD MILLION) 52
FIGURE 21 GLOBAL STEVIA MARKET, BY NATURE, 2022 (% SHARE) 56
FIGURE 22 GLOBAL STEVIA MARKET, BY NATURE, 2020–2030 (USD MILLION) 56
FIGURE 23 GLOBAL STEVIA MARKET, BY APPLICATION, 2022 (% SHARE) 59
FIGURE 24 GLOBAL STEVIA MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 60
FIGURE 25 GLOBAL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2022 (% SHARE) 67
FIGURE 26 GLOBAL STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 68
FIGURE 27 GLOBAL STEVIA MARKET, BY REGION, 2020–2030 (% SHARE) 71
FIGURE 28 GLOBAL STEVIA MARKET, BY REGION, 2022 (USD MILLION) 72
FIGURE 29 NORTH AMERICA: STEVIA MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 73
FIGURE 30 EUROPE: STEVIA MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 80
FIGURE 31 ASIA-PACIFIC: STEVIA MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 91
FIGURE 32 REST OF THE WORLD: STEVIA MARKET SHARE, BY REGION, 2022 (% SHARE) 100
FIGURE 33 BENCHMARKING OF MAJOR COMPETITORS 108
FIGURE 34 CARGILL INCORPORATED: FINANCIAL OVERVIEW 113
FIGURE 35 CARGILL INCORPORATED: SWOT ANALYSIS 115
FIGURE 36 INGREDION INCORPORATED: FINANCIAL OVERVIEW 117
FIGURE 37 INGREDION INCORPORATED: SWOT ANALYSIS 119
FIGURE 38 TATE & LYLE PLC: FINANCIAL OVERVIEW SNAPSHOT 121
FIGURE 39 TATE & LYLE PLC: SWOT ANALYSIS 124
FIGURE 40 ARCHER-DANIELS-MIDLAND COMPANY: FINANCIAL OVERVIEW 126
FIGURE 41 ARCHER-DANIELS-MIDLAND COMPANY: SWOT ANALYSIS 127
FIGURE 42 TEREOS: FINANCIAL OVERVIEW SNAPSHOT 129
FIGURE 43 TEREOS: SWOT ANALYSIS 131
FIGURE 44 GLG LIFE TECH CORP.: FINANCIAL OVERVIEW SNAPSHOT 133
FIGURE 45 GLG LIFE TECH CORP.: SWOT ANALYSIS 134
LIST OF ABBREVIATION
Abbreviation Full Form
US United States
UK United Kingdom
ME&A Middle East & Africa
RoW Rest of the World
CAGR Compound Annual Growth Rate
