The North America stevia market size reached 2,765.0 Tons in 2023. Looking forward, IMARC Group expects the market to reach 4,902.4 Tons by 2032, exhibiting a growth rate (CAGR) of 6.4% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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2,765.0 Tons |
Market Forecast in 2032
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4,902.4 Tons |
Market Growth Rate 2024-2032 | 6.4% |
Stevia is a type of natural sweetener which is extracted from Stevia Rebaudiana, an herbal plant species. The sweetness in the plant occurs due to the presence of two active compounds, namely Stevioside and Rebaudioside A. Based on its sweetening properties, stevia acts as a natural alternative to sugar or artificial sweeteners. As a result, it finds wide applications in the food and beverages, and pharmaceuticals industry.
North America stevia market is currently being driven by several factors. The rising health consciousness among consumers about the low-calorie levels contained in stevia-based products is catalyzing the demand in the region. Stevia helps in controlling diabetes, regulating blood pressure, relaxing blood vessels, reducing cardiovascular disorders and eliminating excess sodium from the blood. Owing to this, stevia is being used in the preparation of numerous food products and beverages such as coffee, tea, smoothies, and yogurt. Furthermore, the rising demand for low-calorie drinks has further influenced the demand for stevia in the region.
IMARC Group provides an analysis of the key trends in each segment of the North America stevia market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on extract type and end use.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Tons |
Segment Coverage | Extract Type, End Use, Country |
Countries Covered | United States, Canada, Mexico |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |