Middle East & Africa Stevia Market Size & Outlook
MEA stevia market highlights
- The MEA stevia market generated a revenue of USD 73.1 million in 2024.
- The market is expected to grow at a CAGR of 13.5% from 2025 to 2030.
- In terms of segment, beverage was the largest revenue generating application in 2024.
- Beverage is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 73.1 million |
| Market revenue in 2030 | USD 156.0 million |
| Growth rate | 13.5% (CAGR from 2024 to 2030) |
| Largest segment | Beverage |
| Fastest growing segment | Beverage |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beverage |
| Key market players worldwide | Evolva Holding SA, Cargill, Stevia Corp, Ingredion Inc, Tate & Lyle PLC, The Coca-Cola Company, GLG Life Tech Corp, PepsiCo Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 12.8% of the global stevia market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 156.0 million by 2030.
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Stevia Market Scope
Stevia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stevia Corp | View profile | 1 | 72 Adelhaide Lane, East Islip, NY, United States, 11730 | https://www.realhemp.com |
| Evolva Holding SA | View profile | 49 | Duggingerstrasse 23, Reinach, Switzerland, CH-4153 | https://www.evolva.com |
| GLG Life Tech Corp | View profile | 86 | 10271 Shellbridge Way, Suite 100, Richmond, BC, Canada, V6X 2W8 | https://www.glglifetech.com |
| The Coca-Cola Company | View profile | 10001+ | Atlanta, Georgia, United States, North America | https://www.coca-colacompany.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| PepsiCo Inc | View profile | 318000 | 700 Anderson Hill Road, Purchase, NY, United States, 10577 | https://www.pepsico.com |
Middle East & Africa stevia market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to stevia market will help companies and investors design strategic landscapes.
Beverage was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Middle East & Africa stevia market based on beverage covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa stevia market databook
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Our clientele includes a mix of stevia market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa stevia market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa stevia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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