Global Stevia Market Size & Outlook, 2024-2030

The stevia industry worldwide is expected to reach a projected revenue of US$ 1,122.7 million by 2030. A compound annual growth rate of 12% is expected of the worldwide stevia industry from 2025 to 2030.
Revenue, 2024 (US$M)
$569.7
Forecast, 2030 (US$M)
$1,122.7
CAGR, 2025 - 2030
12%
Report Coverage
Worldwide

Global stevia market, 2018-2030 (US$M)

Global stevia market highlights

  • The global stevia market generated a revenue of USD 569.7 million in 2024 and is expected to reach USD 1,122.7 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 12% by 2030.
  • In terms of segment, beverage accounted for a revenue of USD 569.7 million in 2024.
  • Beverage is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 569.7 million
Market revenue in 2030USD 1,122.7 million
Growth rate12% (CAGR from 2024 to 2030)
Largest segmentBeverage
Fastest growing segmentBeverage
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBeverage

Other key industry trends

  • In terms of revenue, the North America accounted for 9.2% of the global stevia market in 2024.

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Stevia Market Scope

Stevia market segmentation & scope
Beverage
Food
Pharmaceutical
Tabletop Sweeteners
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Brazil
Argentina
Saudi Arabia
South Africa

Stevia Market Companies

Name Profile # Employees HQ Website

Global stevia market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to stevia market will help companies and investors design strategic landscapes.


Beverage was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global stevia market based on beverage covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Stevia Application Outlook (Revenue, USD Million, 2018-2030)
    • Beverage
    • Food
    • Pharmaceutical
    • Tabletop Sweeteners
    • Others

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Target buyers of Global stevia market databook

  • Our clientele includes a mix of stevia market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global stevia market , including forecasts for subscribers. This global databook contains high-level insights into Global stevia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global stevia market size, by regions, 2018-2030 (US$M)

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