| Product Code: ETC5321996 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Barbados saw a steady increase in steviol glycoside import shipments in 2024, with top exporting countries being the USA, Costa Rica, Puerto Rico, Trinidad and Tobago, and the UK. The High Herfindahl-Hirschman Index (HHI) indicates a high concentration among exporters. The compound annual growth rate (CAGR) from 2020 to 2024 was 4.32%, showing consistent growth in demand. The growth rate in 2024 compared to 2023 was 0.79%, suggesting a stable market for steviol glycosides in Barbados.

By 2027, the Steviol Glycoside market in Barbados is anticipated to reach a growth rate of 2.30%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Steviol Glycoside Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Steviol Glycoside Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Steviol Glycoside Market - Industry Life Cycle |
3.4 Barbados Steviol Glycoside Market - Porter's Five Forces |
3.5 Barbados Steviol Glycoside Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Steviol Glycoside Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Barbados Steviol Glycoside Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural sweeteners |
4.2.2 Growing awareness about health benefits of steviol glycosides |
4.2.3 Rising demand for low-calorie and sugar-free products |
4.3 Market Restraints |
4.3.1 High production costs of steviol glycosides |
4.3.2 Limited availability of raw materials for production |
4.3.3 Stringent regulatory requirements for steviol glycoside products |
5 Barbados Steviol Glycoside Market Trends |
6 Barbados Steviol Glycoside Market Segmentations |
6.1 Barbados Steviol Glycoside Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Steviol Glycoside Market Revenues & Volume, By Stevioside, 2021-2031F |
6.2 Barbados Steviol Glycoside Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Barbados Steviol Glycoside Market Revenues & Volume, By Beverage, 2021-2031F |
7 Barbados Steviol Glycoside Market Import-Export Trade Statistics |
7.1 Barbados Steviol Glycoside Market Export to Major Countries |
7.2 Barbados Steviol Glycoside Market Imports from Major Countries |
8 Barbados Steviol Glycoside Market Key Performance Indicators |
8.1 Adoption rate of steviol glycoside as a sugar substitute in food and beverage products |
8.2 Number of product launches incorporating steviol glycosides |
8.3 Growth in research and development investments in steviol glycoside technology |
9 Barbados Steviol Glycoside Market - Opportunity Assessment |
9.1 Barbados Steviol Glycoside Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Steviol Glycoside Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Barbados Steviol Glycoside Market - Competitive Landscape |
10.1 Barbados Steviol Glycoside Market Revenue Share, By Companies, 2024 |
10.2 Barbados Steviol Glycoside Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |