Global Stevia Soda Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.6 Billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030.
The Stevia Soda market is experiencing rapid growth, as more consumers seek healthier alternatives to traditional sugary drinks. Stevia, a plant-derived sweetener, has gained popularity due to its natural origins and zero-calorie content, making it an attractive option for health-conscious individuals and those looking to manage their sugar intake. This shift in consumer behavior is reflected in the increasing demand for Stevia-infused sodas, with major beverage companies introducing products that promise the sweetness of soda without the associated calories and sugar spikes.
Key players in the industry are leveraging Stevia’s benefits, not just in terms of health, but also to align with the growing preference for organic and plant-based ingredients. A recent report shows that Stevia soda sales are forecasted to grow at a compound annual growth rate (CAGR) of 10% over the next five years. This increase is driven by a shift toward functional beverages that cater to specific consumer needs such as weight management, diabetes prevention, and a general focus on reducing sugar consumption. As health trends continue to push for reduced sugar intake, Stevia sodas present a perfect solution.
In addition to the health benefits, Stevia sodas are also attracting attention due to their environmentally friendly production processes. As sustainability becomes a key concern for consumers, companies that produce Stevia sodas are also focusing on environmentally responsible sourcing and packaging. Stevia is known to require less water and land than traditional sugar crops, making it an eco-conscious choice for beverage manufacturers.
With the surge in consumer interest, new entrants are flooding the Stevia soda market, making it more competitive than ever. While the market was once dominated by niche brands, the increasing demand has led to established beverage giants like Coca-Cola and PepsiCo launching their own Stevia-infused soda options. These large companies have the resources to scale production, making Stevia sodas more widely available to the mass market.
As the Stevia soda market continues to evolve, the consumer demand for better-for-you, low-calorie, and sugar-free drinks will likely lead to more innovative products in the years to come. It's clear that Stevia will play a significant role in reshaping the future of the soda industry, driven by health trends and environmental sustainability.
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Coca Cola
Pepsi Company
Bai
Nestle
Zevia
Celsius
Del Monte
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Stevia Soda Market
Hypermarket
Shop
Restaurant
Others
Based on Types the Market is categorized into Below types that held the largest Stevia Soda market share In 2023.
Cans of Soda
Instant Soda
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Stevia Soda Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Stevia Soda Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Stevia Soda Market, By Type
6. Global Stevia Soda Market, By Application
7. Global Stevia Soda Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Stevia Soda Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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