Market Size of Europe Stevia Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Stevia Market Analysis
Europe Stevia Market is anticipated to grow at a CAGR of 7.5% during the forecasted period (2020-2025).
- The market is driven by the growing vegan population coupled with the growing demand for natural ingredients in the region.
- Consumers are very sensitive to sugar reduction claims on product labels. With a growing number of diabetics and calorie-watching consumers, the demand for sugar alternatives has exhibited an unprecedented rise.
- The growing sports nutrition product and health drink market would provide a further boost to the industry's growth. Food & beverage, healthcare, and personal care industries create opportunities for a prospering market for Stevia.
