Philippines Steviol Glycoside Market (2025-2031) Outlook | Forecast, Companies, Growth, Value, Industry, Size, Share, Revenue, Analysis & Trends

philippines steviol glycoside market Synopsis

The Philippines steviol glycoside market was valued at around USD 2 million in 2025 and is projected to grow at a CAGR of 8. 1% during the forecast period. This growth can be attributed to rising awareness among consumers about healthy lifestyle choices which has resulted in an increased preference for low calorie sweeteners over sugar or artificial ones like aspartame & saccharin. Further, increasing application across several sectors including food & beverages industry is also fuelling market growth over the forecast period. Additionally, growing emphasis on organic ingredients have led manufacturers to include stevia extracts containing steviol glycosides into their product portfolio due o its natural origin status along with various health benefits associated with it like being diabetes friendly and having antioxidant properties amongst others which will support steady increase in demand during foreseeable future.

Drivers of the Market

The Philippines steviol glycoside market is expected to see growth due to the increasing demand for natural sweeteners and the shift towards healthier alternatives to sugar. Steviol glycosides, extracted from the stevia plant, are gaining popularity as a low-calorie, natural sweetening option. Rising health consciousness and the demand for reduced-calorie products are driving the growth of this market.

Challenges of the Market

Regulatory complexities related to food safety standards and labeling requirements can hinder market growth. Additionally, consumer education is necessary to raise awareness about the benefits and proper usage of steviol glycosides. As the market expands, ensuring a consistent and reliable supply of steviol glycosides while adhering to quality standards remains a challenge.

COVID-19 Impact on the Market

The steviol glycoside market, linked to the food and beverage industry, also felt the pandemic`s impact. The closure of restaurants, cafes, and other foodservice establishments, along with changes in consumer preferences towards essential products, affected the demand for steviol glycoside as a sweetening agent. Fluctuations in supply chains and distribution networks added to the challenges faced by this market.

Key Players in the Market

The steviol glycoside market in the Philippines, driven by the food and beverage industry, may involve companies like GL Stevia Corporation, Sant? International, and Herbs and Nature Manufacturing Corporation.

Key Highlights of the Report:

• Philippines Steviol Glycoside Market Outlook
• Market Size of Philippines Steviol Glycoside Market, 2024
• Forecast of Philippines Steviol Glycoside Market, 2031
• Historical Data and Forecast of Philippines Steviol Glycoside Revenues & Volume for the Period 2021-2031
• Philippines Steviol Glycoside Market Trend Evolution
• Philippines Steviol Glycoside Market Drivers and Challenges
• Philippines Steviol Glycoside Price Trends
• Philippines Steviol Glycoside Porter's Five Forces
• Philippines Steviol Glycoside Industry Life Cycle
• Historical Data and Forecast of Philippines Steviol Glycoside Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Philippines Steviol Glycoside Market Revenues & Volume By Stevioside for the Period 2021-2031
• Historical Data and Forecast of Philippines Steviol Glycoside Market Revenues & Volume By End Use Industry for the Period 2021-2031
• Historical Data and Forecast of Philippines Steviol Glycoside Market Revenues & Volume By Beverage for the Period 2021-2031
• Philippines Steviol Glycoside Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End Use Industry
• Philippines Steviol Glycoside Top Companies Market Share
• Philippines Steviol Glycoside Competitive Benchmarking By Technical and Operational Parameters
• Philippines Steviol Glycoside Company Profiles
• Philippines Steviol Glycoside Key Strategic Recommendations