Market Size of North America Stevia Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Stevia Market Analysis
North American stevia market is estimated to record a CAGR of 9.8%, during the forecast period (2020-2025).
- Stevia is widely used in a variety of food products, such as dairy, bakery, andconfectionery, beverages, and pharmaceuticals, as it can be easily incorporated,impartinga sweet taste,usingvery littlecalories.
- The increasing cases of diabetes, obesity, and other health problems have shifted the focus toward low-calorie sweeteners, which act as sugar substitutes.
- A major threat to this market is the prompt availability ofother low-calorie sweeteners.
