PUBLISHER: QYResearch | PRODUCT CODE: 1856157
PUBLISHER: QYResearch | PRODUCT CODE: 1856157
The global market for Stevia Drinks was estimated to be worth US$ 803 million in 2024 and is forecast to a readjusted size of US$ 1140 million by 2031 with a CAGR of 5.2% during the forecast period 2025-2031.
Stevia drinks refer to beverages that use stevia as a sweetener or as part of the sweetener source. Stevia is a natural sweetener extracted from stevia leaves. It contains no sugar or calories and has the characteristics of high sweetness and low calories. Therefore, it is widely used in sugar-free or low-sugar beverages to meet consumers' demand for healthy diets.
Global core stevia drinks manufacturers include Coca Cola Pepsi Company,Bai etc. The top 3 companies hold a share about 60%. China is the largest market, with a share about 25%, followed by Europe and North America with the share about 21% and 19%. In terms of product, fruit juices is the largest segment, with a share about 40%.
The driving factors of the stevia beverage market mainly include the following aspects:
Increased health awareness:
As consumers become more aware of health and nutrition, the demand for low-sugar or sugar-free foods and beverages continues to increase. As a natural sweetener, stevia does not contain sugar and calories, which is attractive to consumers who pursue a healthy lifestyle.
Stevia also helps prevent diseases such as dental caries, diabetes, cardiovascular disease and obesity, further enhancing its market position as a healthy sweetener.
Regulatory support:
Governments of various countries have certain regulatory restrictions on the use of food additives and sweeteners to ensure food safety and consumer health. As a natural sweetener, stevia has been recognized and supported by relevant regulations, providing legal protection for its application in the beverage industry.
Technological progress and cost reduction:
With the development of the modern plant extraction industry and technological progress, the extraction efficiency and purity of stevia have been continuously improved, and the production cost has gradually decreased. This makes the application of stevia in the beverage industry more extensive and economically feasible.
Consumer taste preferences:
Stevia has a suitable taste, no odor, and is very close to the taste of sucrose, which can meet consumers' pursuit of sweetness. At the same time, stevia can also be used in combination with other sweeteners or flavoring substances to create a more diverse taste and flavor to meet the needs of different consumers.
Market demand growth:
With the growth of the global population and economic development, consumer demand for beverages continues to increase. Especially in the Asia-Pacific region, as one of the largest markets for stevia, its beverage market demand for stevia continues to grow. In addition, the awareness and acceptance of stevia in developed countries such as Europe and the United States are also increasing, which has promoted the global development of the stevia beverage market.
In summary, the driving factors of the stevia beverage market mainly include increased health awareness, regulatory support, technological progress and cost reduction, consumer taste preferences, and market demand growth. These factors have jointly promoted the rapid development and sustained growth of the stevia beverage market.
This report aims to provide a comprehensive presentation of the global market for Stevia Drinks, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Stevia Drinks by region & country, by Type, and by Sales Channels.
The Stevia Drinks market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Stevia Drinks.
Market Segmentation
By Company
Segment by Type
Segment by Sales Channels
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Stevia Drinks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Sales Channels, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Stevia Drinks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Stevia Drinks in country level. It provides sigmate data by Type, and by Sales Channels for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.