From GlobeNewswire: 2025-06-04 09:37:00

The global stevia market is experiencing significant growth due to increasing health and wellness trends and demand for natural sweeteners. The market is projected to reach $1,241.95 million by 2031, with a CAGR of 8.7%. Factors like rising diabetes and obesity rates and demand for alternative sweeteners are driving this growth.

In 2024, Asia Pacific led the stevia market, followed by North America and Europe. Asia Pacific is expected to have the highest CAGR in the forecast period. The market is segmented by type (whole leaf, powder, liquid), application (dairy, bakery, beverages), and region (North America, Europe, APAC, MEA, South/Central America).

Key players in the stevia market include Ingredion, Cargill, Tate and Lyle, Purecircle, and more. Recent developments include Ingredion’s PureCircle Clean Taste Solubility Solution and Icon Foods’ SteviaSweet RM95. Growing consumer demand for healthier options and regulatory changes are driving market growth.

The demand for stevia is rising globally due to health concerns, obesity, and diabetes rates. Consumer preferences are shifting towards natural sweeteners like stevia, creating new opportunities for suppliers. The Insight Partners report offers valuable insights for stakeholders navigating this evolving market landscape.



Read more at GlobeNewswire: Stevia Market Size to Surpass USD 1.24 Billion by 2031,