Stevia Market – Global Industry, Analysis, Size, Share, Trends, and Forecasts 2024-2032

The stevia market, valued at 689.15 million in 2022, is projected to experience a compound annual growth rate (CAGR) of 9.0% over the forecast period. As consumers increasingly prioritize their health and seek healthier alternatives to conventional sugar, there's a growing demand for natural sweeteners such as stevia. Derived from the leaves of the Stevia rebaudiana plant, stevia is perceived as a natural and low-calorie sweetener. Moreover, mounting concerns regarding obesity, diabetes, and other health conditions have spurred individuals to reduce their sugar intake. Stevia offers a sweet taste devoid of the calories and carbohydrates linked with sugar, making it an appealing choice for health-conscious consumers. Furthermore, regulatory agencies in numerous countries have sanctioned steviol glycosides—the compounds responsible for stevia's sweetness—as safe for consumption. These endorsements have significantly bolstered the integration of stevia into various food and beverage products.