| Product Code: ETC7554663 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s stevia import market in 2024 saw significant contributions from Vietnam, Indonesia, Australia, Madagascar, and Afghanistan. With a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry showcased steady growth with a Compound Annual Growth Rate (CAGR) of 9.61% from 2020 to 2024. The growth momentum continued strong in 2024 with a growth rate of 11.09% compared to the previous year, reflecting a promising outlook for the stevia import market in India.

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 India Stevia Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Stevia Market Revenues & Volume, 2021 & 2031F |
3.3 India Stevia Market - Industry Life Cycle |
3.4 India Stevia Market - Porter's Five Forces |
3.5 India Stevia Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 India Stevia Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Stevia Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among Indian consumers leading to a shift towards natural sweeteners like stevia. |
4.2.2 Growing prevalence of lifestyle diseases such as diabetes and obesity, driving the demand for healthier alternatives to sugar. |
4.2.3 Rising adoption of stevia in various food and beverage products due to its zero-calorie and natural properties. |
4.3 Market Restraints |
4.3.1 Lack of awareness about stevia and its benefits among Indian consumers. |
4.3.2 Price sensitivity of consumers compared to traditional sugar and artificial sweeteners. |
4.3.3 Regulatory challenges and restrictions related to the use of stevia in different food and beverage products in India. |
5 India Stevia Market Trends |
6 India Stevia Market, By Types |
6.1 India Stevia Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 India Stevia Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 India Stevia Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 India Stevia Market Revenues & Volume, By Liquid, 2021- 2031F |
6.1.5 India Stevia Market Revenues & Volume, By Leaf, 2021- 2031F |
6.2 India Stevia Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Stevia Market Revenues & Volume, By Bakery, 2021- 2031F |
6.2.3 India Stevia Market Revenues & Volume, By Confectionery, 2021- 2031F |
6.2.4 India Stevia Market Revenues & Volume, By Dairy, 2021- 2031F |
6.2.5 India Stevia Market Revenues & Volume, By Beverages, 2021- 2031F |
6.2.6 India Stevia Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.2.7 India Stevia Market Revenues & Volume, By Others, 2021- 2031F |
7 India Stevia Market Import-Export Trade Statistics |
7.1 India Stevia Market Export to Major Countries |
7.2 India Stevia Market Imports from Major Countries |
8 India Stevia Market Key Performance Indicators |
8.1 Consumer awareness and perception surveys on stevia as a natural sweetener. |
8.2 Number of new product launches containing stevia in the Indian market. |
8.3 Growth in the number of stevia-based recipes and applications in the food service industry in India. |
8.4 Percentage increase in the adoption of stevia as a sugar substitute in various food and beverage categories in the country. |
8.5 Expansion of stevia cultivation and production capacity within India. |
9 India Stevia Market - Opportunity Assessment |
9.1 India Stevia Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 India Stevia Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Stevia Market - Competitive Landscape |
10.1 India Stevia Market Revenue Share, By Companies, 2024 |
10.2 India Stevia Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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