Steviol Glycosides - Global Strategic Business Report

The global market for Steviol Glycosides was estimated at US$5.1 Billion in 2024 and is projected to reach US$6.6 Billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Steviol Glycosides market.

Global Steviol Glycosides Market - Key Trends & Drivers Summarized

What's Boosting Demand for Steviol Glycosides as Natural Sweeteners?

Steviol glycosides-natural sweet compounds derived from the Stevia rebaudiana plant-are gaining rapid trust as sugar substitutes. Offering zero calories while maintaining high sweetness, they are increasingly used in beverages, confectioneries, dairy alternatives, and tabletop sweeteners. Manufacturers and governments are turning to stevia for sugar reduction to combat obesity and diabetes. This shift has positioned steviol glycosides as preferred natural ingredients in a clean-label food industry. The extraction industry has matured, with solvent-based and water-based processes yielding high-purity Rebaudioside A variants (e.g., Reb A, Reb D, Reb M). These refinements help overcome lingering taste concerns such as aftertastes or bitterness present in older stevia extracts.

Are Taste Enhancement and Formulation Technologies Evolving?

New taste modulation efforts-using mizzen blends of Reb M and Reb D-reduce bitterness and improve mouthfeel. Masking flavors, encapsulation techniques, and steep pH adjustments enable compatibility in acidic beverages and heat-stable applications. Clear syrups and blends are optimized for sparkling water, RTDs, and yogurt drinks. Encapsulation ensures uniform dissolution in dry mixes. Blends of steviol glycosides with other sweeteners (e.g., erythritol, allulose) create sugar-like sensory experiences, expanding product versatility.

Why Are Manufacturers Favoring Steviol Glycosides?

Health and regulatory mandates pushing sugar reduction in packaged foods and foods specifically for children have made stevia an essential ingredient. Consumer preferences skew toward natural, plant-based ingredients over synthetic ones. Foods marketed as ‘no added sugar', ‘zero-calorie', or ‘sugar-free' rely on stevia for sweetening. Supply chain resilience has improved following controlled Stevia cultivation in major exporting countries. Brands benefit from FCC food-grade purity standards, achieving faster product approvals in regulated markets.

What's Powering the Growth in the Steviol Glycosides Market?

The growth in the steviol glycosides market is driven by several factors related to expanding applications, taste advancements, and regulatory momentum. New high-purity Rebaudioside variants address earlier taste barriers, expanding adoption across beverage, dairy, and bakery. Increased investment in taste-masking and encapsulation technologies improves formulations. Public health initiatives and sugar taxes in key economies enhance demand. Stevia is receiving broad regulatory acceptance: GRAS status in the U.S., and approvals in the EU, India, and Latin America. Collaborative supply-chain partnerships among farmers, processors, and brands are strengthening traceability and consistency-critical for global food manufacturers.

Scope Of Study:

The report analyzes the Steviol Glycosides market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments: Type (Steviolbioside, Stevioside, Rebaudioside A, Rebaudioside B); Processing Method (Fermentation-based Method, Farming-based Method); End-Use (Food & Beverages End-Use, Medicines End-Use, Chemicals End-Use)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Steviolbioside segment, which is expected to reach US$2.7 Billion by 2030 with a CAGR of a 3.2%. The Stevioside segment is also set to grow at 5.6% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2024, and China, forecasted to grow at an impressive 7.6% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Steviol Glycosides Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Steviol Glycosides Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Steviol Glycosides Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as ADM (Archer Daniels Midland), Blue California, Cargill, Incorporated, DSM (Koninklijke DSM N.V.), Evolva and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 34 companies featured in this Steviol Glycosides market report include:

• ADM (Archer Daniels Midland)
• Blue California
• Cargill, Incorporated
• DSM (Koninklijke DSM N.V.)
• Evolva
• Fujifilm Wako Pure Chemical Corporation
• GLG Life Tech Corp. (GL Stevia)
• Ingredion Incorporated
• Kerry Inc.
• Layn Corp. (SoPure)
• Merisant (PureVia, Whole Earth)
• Morita Kagaku Kogyo Co., Ltd.
• Nutrinova (Celanese)
• PureCircle (now under Ingredion)
• Pyure Brands LLC
• Shandong Sunwin Stevia International Inc.
• SweeGen, Inc.
• Tate & Lyle PLC
• Truvia (Cargill brand)
• The Real Stevia Company

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.