Stevia Beverages Market By Type (Powder, Liquid, Other), By Application (Soft Drinks, RTD Tea and Coffee, RTD Juice, Sports Drinks, Other Beverages), By Distribution Channel (Ecommerce, Hypermarket and Supermarket, Convenience stores, Independent retailers, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Stevia Beverages Market

Stevia (Stevia rebaudiana Bertoni) is a perennial herb belonging to the Asteraceae family. It is native to South America and is known as sweet herb of Paraguay. The plant is widely known for the presence of sweet-tasting and low-calorie diterpene steviol glycosides (SGs) present in its leaves. Growth in incidences of diabetes & obesity and rise in demand from the beverages industry are expected to drive the adoption of stevia beverages.

The report analyzes the stevia beverages market in accordance with type, application, distribution channel, and region. It includes revenue generated from sales of stevia beverages across the globe. In addition, the study provides a detailed description on various types of stevia beverages, such as powder, liquid, and other. The report further analyzes the market based on application available in the market, including soft drink, RTD tea & coffee, RTD juice, sports drinks, and other beverages.

Companies are developing new flavors of stevia-based beverages to appeal to a wider range of consumers. This can make the products more appealing to a larger customer base. Companies add functional ingredients, such as vitamins, minerals, or herbs, to stevia-based beverages to make them more appealing to health-conscious consumers. This can increase the perceived health benefits of the product and make it more attractive to consumers. Moreover, use of new packaging, such as biodegradable or recyclable materials, to make the products more environmentally friendly. This can appeal to consumers who are looking for more sustainable options and increase the demand for the products. Companies are developing new forms of stevia-based beverages, such as powder, liquid, or tablet form, to cater to different consumer preferences and make the product more convenient to use. They position the product as a premium, healthy, and natural alternative to traditional sugary drinks, which can create a new market segment and attract consumers who are looking for healthier options.

Surge in expenditure on health & wellness products is helping the stevia beverages market to grow. As consumers become more health-conscious and look for ways to improve their overall health & well-being, they are increasingly turning to products that are perceived as healthier & more natural. Stevia-based beverages are a natural alternative to traditional sugary drinks and are perceived as healthier due to their low calories and low sugar content. This increased spending on health & wellness products is helping to drive the market for stevia beverages, as more consumers are looking for healthier alternatives to traditional sugary drinks. Furthermore, increase in awareness about the health risks of consuming high sugar beverages, is driving the demand for stevia-based beverages. This is particularly important for people who have diabetes or are at risk of developing it, and for those who are overweight or obese. These factors are expected to play a significant role in the growth of the stevia beverages market during the forecast period.

In recent years, the global stevia beverages market has witnessed an uptick owing to increase in awareness of the health benefits of low-calorie consumable products. Moreover, introduction of several stevia-based beverages is positively supporting the overall market and has been well appreciated by consumers. Further, demand for natural ingredient-based products along with the presence of antioxidants is expected to supplement the market growth.

The stevia beverages market is segmented on the basis of type, application, distribution channel, and region. By type, it is divided into powder, liquid, and other. Depending on application, it is segregated into soft drinks, RTD tea & coffee, RTD juice, sports drinks, and other beverages. As per distribution channel, it is classified into e-commerce, hypermarkets/supermarkets, convenience stores, independent retailers, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Russia, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Chile, Saudi Arabia, Africa, and rest of LAMEA).

Players operating in the global stevia beverages market have adopted various developmental strategies to expand their market share, exploit the market opportunities, and increase profitability in the market. The key players profiled in this report include PepsiCo, Inc., ViStevia, Plus Beverages, Stevi0cal, Steaz, Merisant Company, Group Krisda Stevia of Canada Inc, Zevia, The Coca-Cola Company, and Cargill, Incorporated.

Moreover, it highlights revenue generated from the sale of stevia beverages through various distribution channels such as e-commerce, hypermarkets/supermarkets, convenience stores, independent retailers, and others. The report further provides a detailed study of stevia beverages market across various regions that include North America, Europe, Asia-Pacific, and LAMEA.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes the Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.

Key findings of the study

The stevia beverages market was valued at $225.1 million in 2021, and is estimated to reach $523.5 million by 2031, growing at a CAGR of 8.9% during the forecast period.

By type, the powder segment was valued at $101.8 billion in 2021 and it accounted for 45.2% of the market share.

According to application, the RTD tea & coffee segment is estimated to witness the fastest growth, registering a CAGR of 9.5% during the forecast period.

As per distribution channel convenience stores held the major share in the market and it accounted for 25.10% of the market share.

In 2021, the Asia-Pacific was the most prominent market in globe, and is projected to reach $215.6 million by 2031, growing at a CAGR of 9.5% during the forecast period.

 

Overview

The global stevia beverages market size was valued at $225.1 million in 2021, and is estimated to reach $523.5 million by 2031, registering a CAGR of 8.9% from 2022 to 2031.

The carbonated drinks industry showed a modest growth in the past. However, rise in prevalence of obesity and high blood sugar levels among the population resulted in increase in health consciousness among the consumers. Higher consumption of added sugar may lead to obesity that again results in various health diseases such as heart disease, diabetes, high blood pressure, and certain cancers. According to a study by the Global Burden of Disease, around 4.72 billion people died prematurely due to obesity and around 6.53 million people died due to high blood sugar in 2017. These numbers are the key factors attracting the consumers to opt for stevia beverages by replacing regular soft drinks. Therefore, manufacturers are now focusing on reducing the use of sugar and are constantly focusing on developing healthier, sugar-free options for regular carbonated drinks. Hence, the growth of the stevia beverages is expected to propel in the upcoming years.

 Surge in expenditure on health & wellness products is helping the stevia beverages market to grow. As consumers become more health-conscious and look for ways to improve their overall health & well-being, they are increasingly turning to products that are perceived as healthier & more natural. Stevia-based beverages are a natural alternative to traditional sugary drinks and are perceived as healthier due to their low calories and low sugar content. This increased spending on health & wellness products is helping to drive the market for stevia beverages, as more consumers are looking for healthier alternatives to traditional sugary drinks. Furthermore, increase in awareness about the health risks of consuming high sugar beverages, is driving the demand for stevia-based beverages. This is particularly important for people who have diabetes or are at risk of developing it, and for those who are overweight or obese. These factors are expected to play a significant role in the growth of the stevia beverages market during the forecast period.

The carbonated drinks industry exhibited growth in the past few decades, but the health risks associated with these drinks are major restraints for the market. Though sugar-free is a healthy option, there are certain risks associated with the carbonation of drinks. Consumption of carbonated drinks may significantly reduce calcium from bones, erode tooth enamel, stomach blenching, and heartburn. These health risks associated with the consumption of carbonated drinks are forcing consumers to opt for non-carbonated drinks such as fruit juices and still water. Hence, carbonation itself is a constraining factor in the growth of the stevia beverages market. There has been a decline in demand for carbonated drinks in mature markets such as North America and Europe since 2016 owing to the health risks.

In recent years, the global stevia beverages market has witnessed an uptick owing to increase in awareness of the health benefits of low-calorie consumable products. Moreover, introduction of several stevia-based beverages is positively supporting the overall market and has been well appreciated by consumers. Further, demand for natural ingredient-based products along with the presence of antioxidants is expected to supplement the market growth.

The stevia beverages market is segmented on the basis of type, application, distribution channel, and region. By type, it is divided into powder, liquid, and other. Depending on application, it is segregated into soft drinks, RTD tea & coffee, RTD juice, sports drinks, and other beverages. As per distribution channel, it is classified into e-commerce, hypermarkets/supermarkets, convenience stores, independent retailers, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Russia, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Chile, Saudi Arabia, Africa, and rest of LAMEA).

Players operating in the global stevia beverages market have adopted various developmental strategies to expand their market share, exploit the market opportunities, and increase profitability in the market. The key players profiled in this report include PepsiCo, Inc., ViStevia, Plus Beverages, Stevi0cal, Steaz, Merisant Company, Group Krisda Stevia of Canada Inc, Zevia, The Coca-Cola Company, and Cargill, Incorporated.

Key Benefits For Stakeholders

●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the stevia beverages market analysis from 2021 to 2031 to identify the prevailing stevia beverages market opportunities.

●The market research is offered along with information related to key drivers, restraints, and opportunities.

●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

●In-depth analysis of the stevia beverages market segmentation assists to determine the prevailing market opportunities.

●Major countries in each region are mapped according to their revenue contribution to the global market.

●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

●The report includes the analysis of the regional as well as global stevia beverages market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

○ Group Krisda Stevia of Canada In

Scope of Stevia Beverages Market Report

1.1. Report description

1.2. Key market segments

1.3. Key benefits to the stakeholders

1.4. Research Methodology

1.4.1. Primary research

1.4.2. Secondary research

1.4.3. Analyst tools and models

2.1. CXO Perspective

3.1. Market definition and scope

3.2. Key findings

3.2.1. Top impacting factors

3.2.2. Top investment pockets

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of suppliers

3.3.2. Bargaining power of buyers

3.3.3. Threat of substitutes

3.3.4. Threat of new entrants

3.3.5. Intensity of rivalry

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Increase in popularity of low calorie or no calorie drinks

3.4.1.2. Surge in expenditure on health and wellness products

3.4.2. Restraints

3.4.2.1. The decline in demand for carbonated drinks

3.4.2.2. The price volatility of the stevia leaf

3.4.3. Opportunities

3.4.3.1. New product launches

3.5. COVID-19 Impact Analysis on the market

4.1. Overview

4.1.1. Market size and forecast

4.2. Powder

4.2.1. Key market trends, growth factors and opportunities

4.2.2. Market size and forecast, by region

4.2.3. Market share analysis by country

4.3. Liquid

4.3.1. Key market trends, growth factors and opportunities

4.3.2. Market size and forecast, by region

4.3.3. Market share analysis by country

4.4. Other

4.4.1. Key market trends, growth factors and opportunities

4.4.2. Market size and forecast, by region

4.4.3. Market share analysis by country

5.1. Overview

5.1.1. Market size and forecast

5.2. Soft Drinks

5.2.1. Key market trends, growth factors and opportunities

5.2.2. Market size and forecast, by region

5.2.3. Market share analysis by country

5.3. RTD Tea and Coffee

5.3.1. Key market trends, growth factors and opportunities

5.3.2. Market size and forecast, by region

5.3.3. Market share analysis by country

5.4. RTD Juice

5.4.1. Key market trends, growth factors and opportunities

5.4.2. Market size and forecast, by region

5.4.3. Market share analysis by country

5.5. Sports Drinks

5.5.1. Key market trends, growth factors and opportunities

5.5.2. Market size and forecast, by region

5.5.3. Market share analysis by country

5.6. Other Beverages

5.6.1. Key market trends, growth factors and opportunities

5.6.2. Market size and forecast, by region

5.6.3. Market share analysis by country

6.1. Overview

6.1.1. Market size and forecast

6.2. Ecommerce

6.2.1. Key market trends, growth factors and opportunities

6.2.2. Market size and forecast, by region

6.2.3. Market share analysis by country

6.3. Hypermarket and Supermarket

6.3.1. Key market trends, growth factors and opportunities

6.3.2. Market size and forecast, by region

6.3.3. Market share analysis by country

6.4. Convenience stores

6.4.1. Key market trends, growth factors and opportunities

6.4.2. Market size and forecast, by region

6.4.3. Market share analysis by country

6.5. Independent retailers

6.5.1. Key market trends, growth factors and opportunities

6.5.2. Market size and forecast, by region

6.5.3. Market share analysis by country

6.6. Others

6.6.1. Key market trends, growth factors and opportunities

6.6.2. Market size and forecast, by region

6.6.3. Market share analysis by country

7.1. Overview

7.1.1. Market size and forecast By Region

7.2. North America

7.2.1. Key trends and opportunities

7.2.2. Market size and forecast, by Type

7.2.3. Market size and forecast, by Application

7.2.4. Market size and forecast, by Distribution Channel

7.2.5. Market size and forecast, by country

7.2.5.1. U.S.

7.2.5.1.1. Key market trends, growth factors and opportunities

7.2.5.1.2. Market size and forecast, by Type

7.2.5.1.3. Market size and forecast, by Application

7.2.5.1.4. Market size and forecast, by Distribution Channel

7.2.5.2. Canada

7.2.5.2.1. Key market trends, growth factors and opportunities

7.2.5.2.2. Market size and forecast, by Type

7.2.5.2.3. Market size and forecast, by Application

7.2.5.2.4. Market size and forecast, by Distribution Channel

7.2.5.3. Mexico

7.2.5.3.1. Key market trends, growth factors and opportunities

7.2.5.3.2. Market size and forecast, by Type

7.2.5.3.3. Market size and forecast, by Application

7.2.5.3.4. Market size and forecast, by Distribution Channel

7.3. Europe

7.3.1. Key trends and opportunities

7.3.2. Market size and forecast, by Type

7.3.3. Market size and forecast, by Application

7.3.4. Market size and forecast, by Distribution Channel

7.3.5. Market size and forecast, by country

7.3.5.1. UK

7.3.5.1.1. Key market trends, growth factors and opportunities

7.3.5.1.2. Market size and forecast, by Type

7.3.5.1.3. Market size and forecast, by Application

7.3.5.1.4. Market size and forecast, by Distribution Channel

7.3.5.2. France

7.3.5.2.1. Key market trends, growth factors and opportunities

7.3.5.2.2. Market size and forecast, by Type

7.3.5.2.3. Market size and forecast, by Application

7.3.5.2.4. Market size and forecast, by Distribution Channel

7.3.5.3. Germany

7.3.5.3.1. Key market trends, growth factors and opportunities

7.3.5.3.2. Market size and forecast, by Type

7.3.5.3.3. Market size and forecast, by Application

7.3.5.3.4. Market size and forecast, by Distribution Channel

7.3.5.4. Russia

7.3.5.4.1. Key market trends, growth factors and opportunities

7.3.5.4.2. Market size and forecast, by Type

7.3.5.4.3. Market size and forecast, by Application

7.3.5.4.4. Market size and forecast, by Distribution Channel

7.3.5.5. Spain

7.3.5.5.1. Key market trends, growth factors and opportunities

7.3.5.5.2. Market size and forecast, by Type

7.3.5.5.3. Market size and forecast, by Application

7.3.5.5.4. Market size and forecast, by Distribution Channel

7.3.5.6. Italy

7.3.5.6.1. Key market trends, growth factors and opportunities

7.3.5.6.2. Market size and forecast, by Type

7.3.5.6.3. Market size and forecast, by Application

7.3.5.6.4. Market size and forecast, by Distribution Channel

7.3.5.7. Rest of Europe

7.3.5.7.1. Key market trends, growth factors and opportunities

7.3.5.7.2. Market size and forecast, by Type

7.3.5.7.3. Market size and forecast, by Application

7.3.5.7.4. Market size and forecast, by Distribution Channel

7.4. Asia-Pacific

7.4.1. Key trends and opportunities

7.4.2. Market size and forecast, by Type

7.4.3. Market size and forecast, by Application

7.4.4. Market size and forecast, by Distribution Channel

7.4.5. Market size and forecast, by country

7.4.5.1. China

7.4.5.1.1. Key market trends, growth factors and opportunities

7.4.5.1.2. Market size and forecast, by Type

7.4.5.1.3. Market size and forecast, by Application

7.4.5.1.4. Market size and forecast, by Distribution Channel

7.4.5.2. Japan

7.4.5.2.1. Key market trends, growth factors and opportunities

7.4.5.2.2. Market size and forecast, by Type

7.4.5.2.3. Market size and forecast, by Application

7.4.5.2.4. Market size and forecast, by Distribution Channel

7.4.5.3. India

7.4.5.3.1. Key market trends, growth factors and opportunities

7.4.5.3.2. Market size and forecast, by Type

7.4.5.3.3. Market size and forecast, by Application

7.4.5.3.4. Market size and forecast, by Distribution Channel

7.4.5.4. South Korea

7.4.5.4.1. Key market trends, growth factors and opportunities

7.4.5.4.2. Market size and forecast, by Type

7.4.5.4.3. Market size and forecast, by Application

7.4.5.4.4. Market size and forecast, by Distribution Channel

7.4.5.5. Australia

7.4.5.5.1. Key market trends, growth factors and opportunities

7.4.5.5.2. Market size and forecast, by Type

7.4.5.5.3. Market size and forecast, by Application

7.4.5.5.4. Market size and forecast, by Distribution Channel

7.4.5.6. Rest of Asia-Pacific

7.4.5.6.1. Key market trends, growth factors and opportunities

7.4.5.6.2. Market size and forecast, by Type

7.4.5.6.3. Market size and forecast, by Application

7.4.5.6.4. Market size and forecast, by Distribution Channel

7.5. LAMEA

7.5.1. Key trends and opportunities

7.5.2. Market size and forecast, by Type

7.5.3. Market size and forecast, by Application

7.5.4. Market size and forecast, by Distribution Channel

7.5.5. Market size and forecast, by country

7.5.5.1. Brazil

7.5.5.1.1. Key market trends, growth factors and opportunities

7.5.5.1.2. Market size and forecast, by Type

7.5.5.1.3. Market size and forecast, by Application

7.5.5.1.4. Market size and forecast, by Distribution Channel

7.5.5.2. Argentina

7.5.5.2.1. Key market trends, growth factors and opportunities

7.5.5.2.2. Market size and forecast, by Type

7.5.5.2.3. Market size and forecast, by Application

7.5.5.2.4. Market size and forecast, by Distribution Channel

7.5.5.3. Chile

7.5.5.3.1. Key market trends, growth factors and opportunities

7.5.5.3.2. Market size and forecast, by Type

7.5.5.3.3. Market size and forecast, by Application

7.5.5.3.4. Market size and forecast, by Distribution Channel

7.5.5.4. Saudi Arabia

7.5.5.4.1. Key market trends, growth factors and opportunities

7.5.5.4.2. Market size and forecast, by Type

7.5.5.4.3. Market size and forecast, by Application

7.5.5.4.4. Market size and forecast, by Distribution Channel

7.5.5.5. Africa

7.5.5.5.1. Key market trends, growth factors and opportunities

7.5.5.5.2. Market size and forecast, by Type

7.5.5.5.3. Market size and forecast, by Application

7.5.5.5.4. Market size and forecast, by Distribution Channel

7.5.5.6. Rest of LAMEA

7.5.5.6.1. Key market trends, growth factors and opportunities

7.5.5.6.2. Market size and forecast, by Type

7.5.5.6.3. Market size and forecast, by Application

7.5.5.6.4. Market size and forecast, by Distribution Channel

8.1. Introduction

8.2. Top winning strategies

8.3. Product Mapping of Top 10 Player

8.4. Competitive Dashboard

8.5. Competitive Heatmap

8.6. Top player positioning, 2021

9.1. PepsiCo, Inc.

9.1.1. Company overview

9.1.2. Key Executives

9.1.3. Company snapshot

9.1.4. Operating business segments

9.1.5. Product portfolio

9.1.6. Business performance

9.2. Zevia

9.2.1. Company overview

9.2.2. Key Executives

9.2.3. Company snapshot

9.2.4. Operating business segments

9.2.5. Product portfolio

9.3. Merisant Company

9.3.1. Company overview

9.3.2. Key Executives

9.3.3. Company snapshot

9.3.4. Operating business segments

9.3.5. Product portfolio

9.4. Steaz

9.4.1. Company overview

9.4.2. Key Executives

9.4.3. Company snapshot

9.4.4. Operating business segments

9.4.5. Product portfolio

9.5. Group Krisda Stevia of Canada Inc

9.5.1. Company overview

9.5.2. Key Executives

9.5.3. Company snapshot

9.5.4. Operating business segments

9.5.5. Product portfolio

9.6. Plus Beverages

9.6.1. Company overview

9.6.2. Key Executives

9.6.3. Company snapshot

9.6.4. Operating business segments

9.6.5. Product portfolio

9.7. Stevi0cal

9.7.1. Company overview

9.7.2. Key Executives

9.7.3. Company snapshot

9.7.4. Operating business segments

9.7.5. Product portfolio

9.8. ViStevia

9.8.1. Company overview

9.8.2. Key Executives

9.8.3. Company snapshot

9.8.4. Operating business segments

9.8.5. Product portfolio

9.9. The Coca-Cola Company

9.9.1. Company overview

9.9.2. Key Executives

9.9.3. Company snapshot

9.9.4. Operating business segments

9.9.5. Product portfolio

9.9.6. Business performanc

LIST OF TABLES

TABLE 01. GLOBAL STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 02. STEVIA BEVERAGES MARKET FOR POWDER, BY REGION, 2021-2031 ($MILLION)

TABLE 03. STEVIA BEVERAGES MARKET FOR LIQUID, BY REGION, 2021-2031 ($MILLION)

TABLE 04. STEVIA BEVERAGES MARKET FOR OTHER, BY REGION, 2021-2031 ($MILLION)

TABLE 05. GLOBAL STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 06. STEVIA BEVERAGES MARKET FOR SOFT DRINKS, BY REGION, 2021-2031 ($MILLION)

TABLE 07. STEVIA BEVERAGES MARKET FOR RTD TEA AND COFFEE, BY REGION, 2021-2031 ($MILLION)

TABLE 08. STEVIA BEVERAGES MARKET FOR RTD JUICE, BY REGION, 2021-2031 ($MILLION)

TABLE 09. STEVIA BEVERAGES MARKET FOR SPORTS DRINKS, BY REGION, 2021-2031 ($MILLION)

TABLE 10. STEVIA BEVERAGES MARKET FOR OTHER BEVERAGES, BY REGION, 2021-2031 ($MILLION)

TABLE 11. GLOBAL STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 12. STEVIA BEVERAGES MARKET FOR ECOMMERCE, BY REGION, 2021-2031 ($MILLION)

TABLE 13. STEVIA BEVERAGES MARKET FOR HYPERMARKET AND SUPERMARKET, BY REGION, 2021-2031 ($MILLION)

TABLE 14. STEVIA BEVERAGES MARKET FOR CONVENIENCE STORES, BY REGION, 2021-2031 ($MILLION)

TABLE 15. STEVIA BEVERAGES MARKET FOR INDEPENDENT RETAILERS, BY REGION, 2021-2031 ($MILLION)

TABLE 16. STEVIA BEVERAGES MARKET FOR OTHERS, BY REGION, 2021-2031 ($MILLION)

TABLE 17. STEVIA BEVERAGES MARKET, BY REGION, 2021-2031 ($MILLION)

TABLE 18. NORTH AMERICA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 19. NORTH AMERICA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 20. NORTH AMERICA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 21. NORTH AMERICA STEVIA BEVERAGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 22. U.S. STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 23. U.S. STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 24. U.S. STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 25. CANADA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 26. CANADA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 27. CANADA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 28. MEXICO STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 29. MEXICO STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 30. MEXICO STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 31. EUROPE STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 32. EUROPE STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 33. EUROPE STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 34. EUROPE STEVIA BEVERAGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 35. UK STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 36. UK STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 37. UK STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 38. FRANCE STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 39. FRANCE STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 40. FRANCE STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 41. GERMANY STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 42. GERMANY STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 43. GERMANY STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 44. RUSSIA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 45. RUSSIA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 46. RUSSIA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 47. SPAIN STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 48. SPAIN STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 49. SPAIN STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 50. ITALY STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 51. ITALY STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 52. ITALY STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 53. REST OF EUROPE STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 54. REST OF EUROPE STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 55. REST OF EUROPE STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 56. ASIA-PACIFIC STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 57. ASIA-PACIFIC STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 58. ASIA-PACIFIC STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 59. ASIA-PACIFIC STEVIA BEVERAGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 60. CHINA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 61. CHINA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 62. CHINA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 63. JAPAN STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 64. JAPAN STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 65. JAPAN STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 66. INDIA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 67. INDIA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 68. INDIA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 69. SOUTH KOREA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 70. SOUTH KOREA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 71. SOUTH KOREA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 72. AUSTRALIA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 73. AUSTRALIA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 74. AUSTRALIA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 75. REST OF ASIA-PACIFIC STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 76. REST OF ASIA-PACIFIC STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 77. REST OF ASIA-PACIFIC STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 78. LAMEA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 79. LAMEA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 80. LAMEA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 81. LAMEA STEVIA BEVERAGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 82. BRAZIL STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 83. BRAZIL STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 84. BRAZIL STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 85. ARGENTINA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 86. ARGENTINA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 87. ARGENTINA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 88. CHILE STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 89. CHILE STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 90. CHILE STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 91. SAUDI ARABIA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 92. SAUDI ARABIA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 93. SAUDI ARABIA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 94. AFRICA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 95. AFRICA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 96. AFRICA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 97. REST OF LAMEA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 98. REST OF LAMEA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 99. REST OF LAMEA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)

TABLE 100. PEPSICO, INC.: KEY EXECUTIVES

TABLE 101. PEPSICO, INC.: COMPANY SNAPSHOT

TABLE 102. PEPSICO, INC.: PRODUCT SEGMENTS

TABLE 103. PEPSICO, INC.: PRODUCT PORTFOLIO

TABLE 104. ZEVIA: KEY EXECUTIVES

TABLE 105. ZEVIA: COMPANY SNAPSHOT

TABLE 106. ZEVIA: PRODUCT SEGMENTS

TABLE 107. ZEVIA: PRODUCT PORTFOLIO

TABLE 108. MERISANT COMPANY: KEY EXECUTIVES

TABLE 109. MERISANT COMPANY: COMPANY SNAPSHOT

TABLE 110. MERISANT COMPANY: PRODUCT SEGMENTS

TABLE 111. MERISANT COMPANY: PRODUCT PORTFOLIO

TABLE 112. STEAZ: KEY EXECUTIVES

TABLE 113. STEAZ: COMPANY SNAPSHOT

TABLE 114. STEAZ: PRODUCT SEGMENTS

TABLE 115. STEAZ: PRODUCT PORTFOLIO

TABLE 116. GROUP KRISDA STEVIA OF CANADA INC: KEY EXECUTIVES

TABLE 117. GROUP KRISDA STEVIA OF CANADA INC: COMPANY SNAPSHOT

TABLE 118. GROUP KRISDA STEVIA OF CANADA INC: PRODUCT SEGMENTS

TABLE 119. GROUP KRISDA STEVIA OF CANADA INC: PRODUCT PORTFOLIO

TABLE 120. PLUS BEVERAGES: KEY EXECUTIVES

TABLE 121. PLUS BEVERAGES: COMPANY SNAPSHOT

TABLE 122. PLUS BEVERAGES: PRODUCT SEGMENTS

TABLE 123. PLUS BEVERAGES: PRODUCT PORTFOLIO

TABLE 124. STEVI0CAL: KEY EXECUTIVES

TABLE 125. STEVI0CAL: COMPANY SNAPSHOT

TABLE 126. STEVI0CAL: PRODUCT SEGMENTS

TABLE 127. STEVI0CAL: PRODUCT PORTFOLIO

TABLE 128. VISTEVIA: KEY EXECUTIVES

TABLE 129. VISTEVIA: COMPANY SNAPSHOT

TABLE 130. VISTEVIA: PRODUCT SEGMENTS

TABLE 131. VISTEVIA: PRODUCT PORTFOLIO

TABLE 132. THE COCA-COLA COMPANY: KEY EXECUTIVES

TABLE 133. THE COCA-COLA COMPANY: COMPANY SNAPSHOT

TABLE 134. THE COCA-COLA COMPANY: PRODUCT SEGMENTS

TABLE 135. THE COCA-COLA COMPANY: PRODUCT PORTFOLIO LIST OF FIGURES

FIGURE 01. STEVIA BEVERAGES MARKET, 2021-2031

FIGURE 02. SEGMENTATION OF STEVIA BEVERAGES MARKET, 2021-2031

FIGURE 03. TOP INVESTMENT POCKETS IN STEVIA BEVERAGES MARKET (2022-2031)

FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS

FIGURE 05. MODERATE BARGAINING POWER OF BUYERS

FIGURE 06. HIGH THREAT OF SUBSTITUTES

FIGURE 07. MODERATE THREAT OF NEW ENTRANTS

FIGURE 08. MODERATE INTENSITY OF RIVALRY

FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALSTEVIA BEVERAGES MARKET

FIGURE 10. STEVIA BEVERAGES MARKET, BY TYPE, 2021(%)

FIGURE 11. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR POWDER, BY COUNTRY 2021-2031(%)

FIGURE 12. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR LIQUID, BY COUNTRY 2021-2031(%)

FIGURE 13. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR OTHER, BY COUNTRY 2021-2031(%)

FIGURE 14. STEVIA BEVERAGES MARKET, BY APPLICATION, 2021(%)

FIGURE 15. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR SOFT DRINKS, BY COUNTRY 2021-2031(%)

FIGURE 16. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR RTD TEA AND COFFEE, BY COUNTRY 2021-2031(%)

FIGURE 17. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR RTD JUICE, BY COUNTRY 2021-2031(%)

FIGURE 18. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR SPORTS DRINKS, BY COUNTRY 2021-2031(%)

FIGURE 19. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR OTHER BEVERAGES, BY COUNTRY 2021-2031(%)

FIGURE 20. STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021(%)

FIGURE 21. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR ECOMMERCE, BY COUNTRY 2021-2031(%)

FIGURE 22. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR HYPERMARKET AND SUPERMARKET, BY COUNTRY 2021-2031(%)

FIGURE 23. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR CONVENIENCE STORES, BY COUNTRY 2021-2031(%)

FIGURE 24. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR INDEPENDENT RETAILERS, BY COUNTRY 2021-2031(%)

FIGURE 25. COMPARATIVE SHARE ANALYSIS OF STEVIA BEVERAGES MARKET FOR OTHERS, BY COUNTRY 2021-2031(%)

FIGURE 26. STEVIA BEVERAGES MARKET BY REGION, 2021

FIGURE 27. U.S. STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 28. CANADA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 29. MEXICO STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 30. UK STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 31. FRANCE STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 32. GERMANY STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 33. RUSSIA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 34. SPAIN STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 35. ITALY STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 36. REST OF EUROPE STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 37. CHINA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 38. JAPAN STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 39. INDIA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 40. SOUTH KOREA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 41. AUSTRALIA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 42. REST OF ASIA-PACIFIC STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 43. BRAZIL STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 44. ARGENTINA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 45. CHILE STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 46. SAUDI ARABIA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 47. AFRICA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 48. REST OF LAMEA STEVIA BEVERAGES MARKET, 2021-2031 ($MILLION)

FIGURE 49. TOP WINNING STRATEGIES, BY YEAR

FIGURE 50. TOP WINNING STRATEGIES, BY DEVELOPMENT

FIGURE 51. TOP WINNING STRATEGIES, BY COMPANY

FIGURE 52. PRODUCT MAPPING OF TOP 10 PLAYERS

FIGURE 53. COMPETITIVE DASHBOARD

FIGURE 54. COMPETITIVE HEATMAP: STEVIA BEVERAGES MARKET

FIGURE 55. TOP PLAYER POSITIONING, 2021

FIGURE 56. PEPSICO, INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021

FIGURE 57. PEPSICO, INC.: NET SALES, 2019-2021 ($MILLION)

FIGURE 58. PEPSICO, INC.: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 59. THE COCA-COLA COMPANY: NET SALES, 2019-2021 ($MILLION)

FIGURE 60. THE COCA-COLA COMPANY: REVENUE SHARE BY REGION, 2021 (%)

FIGURE 61. THE COCA-COLA COMPANY: REVENUE SHARE BY SEGMENT, 2021 (%