Global Stevia Market to Reach $876.5 Million by 2034 with a CAGR of 4.8%: Allied Market Research Page 1

The growth of the stevia market is driven by increasing demand from the beverage sector, rising concerns over diabetes, obesity, regulatory restrictions on artificial sweeteners and increasing preference for natural sugar substitutes with clean label.

WILMINGTON, Del., August 14, 2024 /PRNewswire/ — Allied Market Research has published a report titled: “Stevia Market
By Form (Powder Extracts & Liquid Extracts), Application (Bakery & Confectionery, Beverages, Sweeteners & Others), Source (Conventional & Organic), End Use (Food & Beverage & Pharmaceutical): Global Opportunity Analysis and Industry Forecast, 2024-2033According to the report, the stevia market was valued at $534.2 million in 2023, and is expected to $876.5 million by 2034, with a CAGR of 4.8% from 2024 to 2034.