The North America stevia market reached a volume of 2,467 Tons in 2018. 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. Looking forward, IMARC Group expects the market to reach a volume of 3,560 Tons by 2024, registering a CAGR of 6.3% during 2019-2024.
Report Scope:
North America Stevia Market
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Extract Type
Powder
Liquid
Leaf
Market by End Use
Beverages
Food Products
Table-Top Sweeteners
Pharmaceuticals
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key questions answered in this report:
How has the North America stevia market performed so far and how will it perform in the coming years?
What are the key regions in the North America stevia market?
What is the breakup of the North America stevia market on the basis of extract type?
What is the breakup of the North America stevia market on the basis of end use?
What are the various stages in the value chain of the North America stevia industry?
What are the key driving factors and challenges in the North America stevia industry?
What is the structure of the North America stevia industry and who are the key players?
What is the degree of competition in the North America stevia industry?
What are the profit margins in the North America stevia industry?
Report Coverage:
Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Geography Covered: North America, United States, Canada and Mexico
Segments Covered: Extract Type and End Use
Report Customization: Although IMARC has tried to cover everything in the North America stevia market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.