Stevia is a plant native to South America that has been used as a sweetener for hundreds of years. Today, zero-calorie stevia, as high-purity stevia leaf extract, is being used globally to reduce energy and added sugar content in foods and beverages. 

Rise in consumption of ready to drink beverages, and disposable income of an individual is one of the leading factors for the stevia drinks market growth. Disposable income allows the consumer to enhance their lifestyle and ready to eat food & drinks which are easily available with less time. 

The report “Stevia Drinks Market By Extract Type (Whole leaf, Powdered, and Liquid), By Application (Dairy, Bakery & Confectionary, Tabletop Sweeteners, Beverages, and Convenience Food), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Trends, Analysis and Forecast till 2034”

Key Highlights –

• In August 2023,  Ocean Spray Cranberries Inc., the agricultural cooperative owned by roughly 700 farmer families, announced the launch of Ocean Spray Zero Sugar Juice Drink, the first beverage from Ocean Spray with bold flavor, zero grams of sugar and no artificial sweeteners, made with real fruit juice and sweetened with stevia.

Analyst View:

Positive outlook of stevia as natural sweeteners and increase in number of innovative products developments for stevia based products being cost effective and wide applications is expected to continue the growth of target market. The ability to enhance the product appeal including shelf-life, color, taste, and odor plays a great role in boosting the stevia drinks market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Sports Facilities Market, By Extract Type (Whole leaf, Powdered, and Liquid), By Application (Dairy, Bakery & Confectionary, Tabletop Sweeteners, Beverages, and Convenience Food), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Stevia Drinks Market accounted for US$ 860.4 Million in 2024 and is estimated to be US$ 1415.3 Million by 2034 and is anticipated to register a CAGR of 5.60%. Stevia Drinks Market is segmented based on Extract Type, Application and Region.

• Based on Extraction Type, Stevia Drinks Market is segmented Whole leaf, Powdered, and Liquid.
• Based on Application, Stevia Drinks Market is segmented into Dairy, Bakery & Confectionary, Tabletop Sweeteners, Beverages, and Convenience Food
• By Region, the Stevia Drinks Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Sports Facilities Market:

The prominent players operating in 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. , PepsiCo, Inc.

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