PUBLISHER: IMARC | PRODUCT CODE: 1747071
PUBLISHER: IMARC | PRODUCT CODE: 1747071
Japan stevia market size reached USD 41.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 92.9 Billion by 2033, exhibiting a growth rate (CAGR) of 8.7% during 2025-2033. The market is being driven by the growing consumer inclination towards natural sweeteners, heightened awareness of health issues associated with sugar intake, and the expanding range of uses for these products in the food and beverage sector.
Stevia is a natural and non-caloric sweetener derived from the leaves of the Stevia Rebaudiana plant, a member of the chrysanthemum family primarily found in the regions of Brazil and Paraguay. It contains various glycoside compounds, including steviolbioside, stevioside, rebaudiosides A-E, and dulcoside, rendering it roughly 200 times sweeter than regular table sugar. Stevia also boasts a rich content of antioxidant compounds such as flavonoids, quercetin, triterpenes, caffeic acid, tannins, and kaempferol. The consumption of stevia has been associated with multiple health benefits, including weight management, blood sugar level regulation, and reduction in low-density lipoprotein (LDL) cholesterol. Notably, stevia has gained significant popularity in recent years as a sugar substitute, finding wide-ranging applications in various food and beverage products, including sauces, beverages, cereals, salad dressings, pastries, carbonated drinks, and yogurts.
The stevia market in Japan is poised for significant growth, driven by the increasing consumer preference for healthier dietary choices and a growing emphasis on reducing sugar and calorie consumption. Stevia, as a natural and calorie-free sweetener, aligns perfectly with these evolving consumer preferences and is increasingly being utilized as a sugar replacement in a variety of food and beverage offerings. Furthermore, the rising awareness of health issues associated with high sugar intake, such as obesity and diabetes, has led to a surging demand for products containing stevia. In addition to consumer trends, regulatory bodies in many countries, including Japan, have granted approval to steviol glycosides, the sweetening compounds found in stevia, as safe food additives. This has further accelerated the adoption of stevia-based products. The versatile applications of stevia in the food and beverage industry, including its use in carbonated beverages, flavored water, and dairy products, are contributing significantly to market growth. Moreover, the industry's shift towards cleaner labels and the increasing consumer demand for natural ingredients in their products are additional factors driving the expansion of the stevia market in Japan. These factors will collectively create a positive outlook for the growth of the stevia market in the country over the forecasted period.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.