Market Size of Asia-Pacific Stevia Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.10 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Stevia Market Analysis
The Asia-Pacific stevia market is projected to register a CAGR of 8.1% during the forecast period.
- As health awareness is growing, most of the population thoroughly checks the label of a product before buying it, and this awareness among consumers has prompted the manufacturers to undertake the replacement of high-calorie polyols with natural sweeteners.
- The increasing demand for low-calorie sweeteners from the food and beverages manufacturers has increased from last few years, owing to the rising concern over obesity and diabetes across the world. Many key players in the food and beverage industry have been introducing products with natural low-calorie sweeteners, mainly stevia.
