Steviol Glycoside Market Valued at USD 1.2 Billion in 2026 with Strong Growth Projected Through 2031
Date : 2026-02-10
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HDIN Research has announced the release of its latest comprehensive industry study, titled Steviol Glycoside Global Market Insights 2026. The report details the rapid expansion of the natural sweetener sector, positioning steviol glycosides as a primary alternative to sugar and artificial sweeteners. As of 2026, the global market valuation stands between 0.8 and 1.2 billion USD, with projections indicating a robust compound annual growth rate (CAGR) of 8 to 12 percent over the forecast period of 2027 to 2031.
The research highlights a structural shift in the food and beverage industry toward zero-calorie, plant-based ingredients. This transition is fueled by escalating global health consciousness, rising diabetes prevalence, and stringent regulatory frameworks regarding sugar content, such as sugar taxes in the United Kingdom, Mexico, and parts of the United States.
Market Dynamics and Regional Insights
The report identifies the Asia-Pacific region as the dominant force in the global supply chain, with China controlling approximately 80 percent of global production capacity and exporting over 5,000 metric tons annually. While Asia leads in production, North America and Europe remain the highest-value markets for consumption, driven by sophisticated consumer preferences for premium, clean-label products.
A significant trend detailed in the study is the technological evolution from standard Stevioside and Reb A to high-purity Rebaudioside M (Reb M). These next-generation variants offer superior taste profiles that closely mimic sucrose, addressing historical challenges regarding bitter aftertastes. The report notes that Reb M variants currently command price premiums of 30 to 50 percent over standard formulations.
Figure Key Market Data Summary of Steviol Glycoside
Applications and Competitive Landscape
The Food and Beverage sector continues to account for the majority of steviol glycoside consumption, particularly within carbonated soft drinks, dairy alternatives, and confectionery. However, the report indicates emerging growth in the oral care and pharmaceutical sectors, where stevia is utilized for its non-cariogenic properties and taste-masking abilities.
The competitive landscape is characterized by a mix of multinational ingredient giants and specialized Asian manufacturers. Major players analyzed in the report include Cargill Inc., Ingredion Inc., Tate & Lyle PLC, Howtian Group, and Guilin Layn Natural Ingredients. The industry has seen significant consolidation, with large corporations acquiring specialized stevia producers to secure supply chains and access proprietary fermentation and enzymatic modification technologies.
Future Outlook
HDIN Research forecasts that the market will reach a value of up to 2.1 billion USD by 2031. This growth will be supported by advancements in fermentation-based production methods, which promise to lower costs and improve the scalability of premium steviol glycosides. Additionally, the clarification of labeling standards in the European Union and GRAS status in the United States continue to provide the regulatory certainty required for long-term investment.
About HDIN Research
HDIN Research focuses on providing market consulting services. As an independent third-party consulting firm, it is committed to providing in-depth market research and analysis reports. The company assists clients in understanding market dynamics, identifying growth opportunities, and making informed strategic decisions across various industries.
Media Contact
HDIN Research
Email: sales@hdinresearch.com
Website: www.hdinresearch.com
The research highlights a structural shift in the food and beverage industry toward zero-calorie, plant-based ingredients. This transition is fueled by escalating global health consciousness, rising diabetes prevalence, and stringent regulatory frameworks regarding sugar content, such as sugar taxes in the United Kingdom, Mexico, and parts of the United States.
Market Dynamics and Regional Insights
The report identifies the Asia-Pacific region as the dominant force in the global supply chain, with China controlling approximately 80 percent of global production capacity and exporting over 5,000 metric tons annually. While Asia leads in production, North America and Europe remain the highest-value markets for consumption, driven by sophisticated consumer preferences for premium, clean-label products.
A significant trend detailed in the study is the technological evolution from standard Stevioside and Reb A to high-purity Rebaudioside M (Reb M). These next-generation variants offer superior taste profiles that closely mimic sucrose, addressing historical challenges regarding bitter aftertastes. The report notes that Reb M variants currently command price premiums of 30 to 50 percent over standard formulations.
Figure Key Market Data Summary of Steviol Glycoside
Applications and Competitive Landscape
The Food and Beverage sector continues to account for the majority of steviol glycoside consumption, particularly within carbonated soft drinks, dairy alternatives, and confectionery. However, the report indicates emerging growth in the oral care and pharmaceutical sectors, where stevia is utilized for its non-cariogenic properties and taste-masking abilities.
The competitive landscape is characterized by a mix of multinational ingredient giants and specialized Asian manufacturers. Major players analyzed in the report include Cargill Inc., Ingredion Inc., Tate & Lyle PLC, Howtian Group, and Guilin Layn Natural Ingredients. The industry has seen significant consolidation, with large corporations acquiring specialized stevia producers to secure supply chains and access proprietary fermentation and enzymatic modification technologies.
Future Outlook
HDIN Research forecasts that the market will reach a value of up to 2.1 billion USD by 2031. This growth will be supported by advancements in fermentation-based production methods, which promise to lower costs and improve the scalability of premium steviol glycosides. Additionally, the clarification of labeling standards in the European Union and GRAS status in the United States continue to provide the regulatory certainty required for long-term investment.
About HDIN Research
HDIN Research focuses on providing market consulting services. As an independent third-party consulting firm, it is committed to providing in-depth market research and analysis reports. The company assists clients in understanding market dynamics, identifying growth opportunities, and making informed strategic decisions across various industries.
Media Contact
HDIN Research
Email: sales@hdinresearch.com
Website: www.hdinresearch.com