Abstract: One of the most common medicinal plants with outstanding pharmaceutical and nutraceutical value is Stevia rebaudiana Bertoni. Stevia sweeteners sweeten hundreds of foods and drinks worldwide. Stevioside form Stevia plant is sweeter than sucrose and is widely used for its non-toxicity, non-calorific value and antimicrobial properties. The Stevia market is growing at a faster pace because of its use as a sugar substitute in tabletop sweetener, dairy items, and beverages. This review aims to showcase the developments made in recent years in medicine and food industry applications of Stevia Rebaudiana plant.