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Stevia Price Trend

About: Stevia is known as a sweetener and sugar substitute which is extracted or obtained from the leaves of the plant species Stevia rebaudiana, native to Brazil and Paraguay. It serves as an artificial sweetener with zero calories and thus, is widely used to manufacture soft drinks. Coca-Cola, the beverage giant, launched stevia-sweetened beverages, such as Coca-Cola Life and others. Steviol glycosides (primarily stevioside and rebaudioside) are the active compound of stevia and contains about 30 to 150 times the sweetness of sugar. 

The market's top competitors benefited from significant growth opportunities in the Asia-Pacific region, which grew at the fastest rate in 2021. The growing diabetic and obese population, rapid urbanisation, increased awareness of the medical benefits of sugar-free products, and increased demand for diet drinks and beverages all contributed to this regional market's rapid growth rate. North America was previously believed to account for the largest share of the global stevia market. The rising prevalence of diseases, growing trends toward low carbohydrate foods and clean labelling, and growing consumer demand for sugar-free products all contributed to North America's sizable market share.

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Procurement Resource provides latest prices of Stevia. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description:

Procurement Resource provides prices of Stevia for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Forms of Stevia:

  • Stevioside: 57817-89-7
  • Rebaudioside A: 58543-16-1
  • Other Rebaudiosides (B, C, D, E, F)
  • Dulcoside A
  • Rubusoside
  • Steviol (Aglycone)
  • Steviolbioside

HS Code: 293890

Industrial Uses:

  • Artificial sweeteners
  • Adhesive
  • Oral care
  • Pharmaceuticals

Production Process:

  • Production of Stevia via Water Extraction Process.

In order to produce Stevia, dry leaves of the stevia plant are immersed in hot water to obtain steviol glycosides, the active compound of Stevia. The obtained steviol glycosides are filtered and crystallised for further use.

Supplier Database:

  • Ingredion Incorporated
  • PureCircle Limited
  • GLG Life Tech Corporation
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Tate & Lyle PLC
  • Sunwin Stevia International, Inc

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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Stevia Production Cost Report: Operating Costs, Logistics, Utilities, Manufacturing Process, and Raw Material Requirements See more

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