Introduction

Stevia drinks Market was valued at US$ 860.4 Million in 2024 and is projected to grow at a CAGR of 5.60% to reach US$ 1415.3 Million by 2034.

Stevia drinks are beverages sweetened with stevia, a natural, zero-calorie sweetener derived from the leaves of the Stevia rebaudiana plant. Stevia drinks market have gained popularity as a healthier alternative to traditional sugary beverages, catering to consumers seeking reduced-calorie and natural sweetener options.   

Dividing this target market into segments:

Stevia drinks Market is segmented based on Extract Type, Application and Region.

Extract Type Insight

On the basis of Extract Type, the target market is segmented into Whole leaf, Powdered, and Liquid.

Application Insight

On the basis of Application, the target market is segmented into Dairy, Bakery & Confectionary, Tabletop Sweeteners, Beverages, and Convenience Food.

Drivers	Restrains
Growing Health Consciousness	Taste Perception Challenges
Rising Obesity Concerns	Cost Considerations
Demand for Natural and Plant-Based Products	Limited Product Awareness
Diabetic-Friendly Alternative

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

• North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. The North American stevia drinks market has experienced significant growth, driven by increasing health consciousness and the demand for low-calorie and natural sweeteners.
• Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The Asia-Pacific region is a key player in the global stevia drinks market, with countries like Japan and South Korea being early adopters of stevia-based products.

Report Scope:

Attribute	Details
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Extract Type – Whole leaf, Powdered, and Liquid By Application – Dairy, Bakery & Confectionary, Tabletop Sweeteners, Beverages, and Convenience Food
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

The key players operating the Stevia drinks Market includes, Cargil Corp., PureCircle Limited, Archer Daniels Midland Company, Evolva Holding SA, Stevia Corporation, Tate & Lyle PLC, Ingredion, Inc., GLG Life Tech Corp., Sunwin Stevia International, Inc., and PepsiCo, Inc.

Recent Development:

The New Launched Product News,

• In November 2023, Ocean Spray Launches 'Zero Sugar' juice Drink, the first beverage from Ocean Spray with bold flavor, zero grams of sugar and no artificial sweeteners. The popular Cranberry flavor from Ocean Spray and Mixed Berry, a new addition to the brand's beverage lineup, are the two flavors of Ocean Spray Zero Sugar Juice Drink that will be offered. Zero Sugar is a great source of Vitamin C because it is made with natural fruit juice and sweetened with stevia.

• In July 2022, Sweegen launched line of liquid stevia sweeteners. The purpose of the sweeteners is to lower the amount of sugar in products such as concentrated fruit/flavored syrup, candy, carbonated soft drinks, and liquid sweeteners for dessert toppings. The Rancho Santa Margarita, California-based Company claims that the sweeteners solve problems with solubility, improve product stability, are simple to measure out precisely, and are easy to handle in the lab and manufacturing setting.

• In March 2022, Cargill Launched EverSweet + ClearFlo Stevia Platform. EverSweet will provide a more sugar-like feeling, especially at greater dosages, because to its swift sweetness onset and strong sweetness potency. The earthy notes from proteins, the harshness from caffeine, or the metallic tastes from potassium chloride are just a few examples of off flavors that the new sweetening system can assist control.

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Extract Type
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Stevia Drinks Market, By Extract Type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Whole leaf
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Powdered
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Liquid
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Stevia Drinks Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Dairy
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Bakery & Confectionary
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Tabletop Sweeteners
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Beverages
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Convenience Food
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Stevia Drinks Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Extract Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Extract Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Extract Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Extract Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Extract Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• Cargil Corp.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• PureCircle Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Archer Daniels Midland Company
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Evolva Holding SA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Stevia Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Tate & Lyle PLC
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Ingredion, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• GLG Life Tech Corp.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Sunwin Stevia International, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• PepsiCo, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

 The Last Word

• Future Impact
• About Us
• Contact