Global Stevia Market to 2032

Overview

The Global Stevia Market is expected to reach a 1,345.85 USD Million by 2032 and is projected to grow at a CAGR of 3.72% from 2025 to 2032.

Revenue, 2024 (USD Million)
908.94
Forecast, 2032 (USD Million)
1,345.85
CAGR, 2024 - 2032
3.72%
Report Coverage
Global

Global Stevia Market 2018-2032 USD Million

Global Stevia Market , Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 908.94 USD Million
  • Projected Market Size (2032): 1,345.85 USD Million
  • CAGR (2025-2032): 3.72%

Key Findings of Global Stevia Market

  • The Global Stevia Market was valued at 1,345.85 USD Million in 2024.
  • The Global Stevia Market is likely to grow at a CAGR of 3.72% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Industrial in Application Segment accounted for the largest share of the market with a revenue of 679.65 USD Million
  • The fastest growing segment Direct Tenders in Distribution Channel Segment grew Fastest with a CAGR of 3.98% during the forecast period from 2024 to 2032.

Global Stevia Market Scope

Global Stevia Market Segmentation & Scope
Application
  • Domestic
  • Industrial
Form
  • Tablet
  • Liquid
  • Whole Leaf
  • Powder
Distribution Channel
  • Retail
  • Direct Tenders

Global Stevia Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 908.94 USD Million
Market Value in 2032 1,345.85 USD Million
CAGR (2025-2032) 3.72%
Historic Data 2016-2023
Market Segments Covered Application,Form,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 908.94 USD Million in 2024
    • Key Country: U.S., leading in terms of revenue with value of 242.83 USD Million in 2024.

Segments and Scope

  • Global Stevia Market to 2032, By Application
    • Industrial is the largest segment in Global Stevia Market to 2032 with a revenue of 679.65 USD Million in the year 2024.
    • Industrial is the Fastest growing segment in Global Stevia Market to 2032 with a Growth rate of 3.84 % in forecast period 2025-2032.
  • Global Stevia Market to 2032, By Form
    • Powder is the largest segment in Global Stevia Market to 2032 with a revenue of 430.75 USD Million in the year 2024.
    • Powder is the Fastest growing segment in Global Stevia Market to 2032 with a Growth rate of 3.96 % in forecast period 2025-2032.
  • Global Stevia Market to 2032, By Distribution Channel
    • Direct Tenders is the largest segment in Global Stevia Market to 2032 with a revenue of 542.29 USD Million in the year 2024.
    • Direct Tenders is the Fastest growing segment in Global Stevia Market to 2032 with a Growth rate of 3.98 % in forecast period 2025-2032.

Global Stevia Market Company Share Analysis

 
Global Stevia Market  Company Share Analysis
Global Stevia Market  Company Share Analysis

Global Stevia Market Geographical Sales Distribution, 2018-2032 USD Million

Global Stevia Market  Geographical Sales Distribution, 2018-2032 USD Million

Global Stevia Market Company Profiling

Global Stevia Market  Company Profiling
Frequently Asked Questions
The Global Stevia Market is segmented based on Segmentation Application,Form,Distribution Channel.
Global Stevia Market was valued at USD 908.94(Revenue in USD Million) in 2022.
Global Stevia Market is projected to grow at a CAGR of 3.72% during the forecast period of 2024 to 2032.
The Industrial segment is expected to dominate the Global Stevia Market , holding a largest market share of 679.65 USD Million in 2024

Global Stevia Market Scope

Global Stevia Market Segmentation & Scope
Application
  • Domestic
  • Industrial
Form
  • Tablet
  • Liquid
  • Whole Leaf
  • Powder
Distribution Channel
  • Retail
  • Direct Tenders
Frequently Asked Questions
The Global Stevia Market is segmented based on Segmentation Application,Form,Distribution Channel.
Global Stevia Market was valued at USD 908.94(Revenue in USD Million) in 2022.
Global Stevia Market is projected to grow at a CAGR of 3.72% during the forecast period of 2024 to 2032.
The estimated market value of the Global Stevia Market for final year is USD 1,345.85 (USD Million).

Global Stevia Market Company Profiling

Global Stevia Market  Company Profiling
Frequently Asked Questions
The Global Stevia Market is segmented based on Segmentation Application,Form,Distribution Channel.
Global Stevia Market was valued at USD 908.94(Revenue in USD Million) in 2022.
Global Stevia Market is projected to grow at a CAGR of 3.72% during the forecast period of 2024 to 2032.
The estimated market value of the Global Stevia Market for final year is USD 1,345.85 (USD Million).

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