| Product Code: ETC5322083 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of North Macedonia saw a significant increase in steviol glycoside import shipments in 2024, with top exporting countries being South Korea, USA, China, Bulgaria, and India. The market concentration, as measured by the HHI, reached very high levels in 2024, indicating a competitive landscape dominated by a few major players. The impressive compound annual growth rate (CAGR) of 29.41% from 2020 to 2024 reflects a thriving market, while the rapid growth rate of 62.52% from 2023 to 2024 suggests a surge in demand for steviol glycosides in North Macedonia.

The Steviol Glycoside market in North Macedonia is projected to grow at a stable growth rate of 3.38% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Republic of Macedonia Steviol Glycoside Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Steviol Glycoside Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Steviol Glycoside Market - Industry Life Cycle |
3.4 Republic of Macedonia Steviol Glycoside Market - Porter's Five Forces |
3.5 Republic of Macedonia Steviol Glycoside Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Steviol Glycoside Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Republic of Macedonia Steviol Glycoside Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for natural sweeteners due to health concerns related to sugar consumption |
4.2.2 Growing awareness about steviol glycosides as a low-calorie and natural sweetening alternative |
4.2.3 Rising prevalence of lifestyle diseases like obesity and diabetes, prompting consumers to seek healthier sugar alternatives |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials required for steviol glycoside production |
4.3.2 Regulatory challenges related to approval and labeling of steviol glycosides in food and beverage products |
4.3.3 Competition from other low-calorie sweeteners such as aspartame, sucralose, and saccharin |
5 Republic of Macedonia Steviol Glycoside Market Trends |
6 Republic of Macedonia Steviol Glycoside Market Segmentations |
6.1 Republic of Macedonia Steviol Glycoside Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Steviol Glycoside Market Revenues & Volume, By Stevioside, 2021-2031F |
6.2 Republic of Macedonia Steviol Glycoside Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Steviol Glycoside Market Revenues & Volume, By Beverage, 2021-2031F |
7 Republic of Macedonia Steviol Glycoside Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Steviol Glycoside Market Export to Major Countries |
7.2 Republic of Macedonia Steviol Glycoside Market Imports from Major Countries |
8 Republic of Macedonia Steviol Glycoside Market Key Performance Indicators |
8.1 Consumer awareness and perception of steviol glycosides as a natural and healthy sweetener |
8.2 Number of new product launches containing steviol glycosides in the Macedonian market |
8.3 Adoption rate of steviol glycosides in various food and beverage categories |
9 Republic of Macedonia Steviol Glycoside Market - Opportunity Assessment |
9.1 Republic of Macedonia Steviol Glycoside Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Steviol Glycoside Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Republic of Macedonia Steviol Glycoside Market - Competitive Landscape |
10.1 Republic of Macedonia Steviol Glycoside Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Steviol Glycoside Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |