Japan Stevia Extract and Stevia Products Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 1.1 Billion by 2030, growing at a CAGR of 13.6% from 2024 to 2030.
The Japan Stevia Extract and Stevia Products Market is experiencing significant growth due to the increasing demand for natural sweeteners in various applications. Stevia, a plant-based sweetener, is widely used in the food and beverage industry as a sugar substitute. Its application spans across different segments including soft drinks, confectioneries, dairy products, and baked goods. The rising health consciousness among consumers has driven the demand for low-calorie and natural sweeteners, propelling the growth of stevia-based products. In particular, the beverage sector has embraced stevia extracts due to their ability to provide sweetness without the associated calories of traditional sugars. As a result, manufacturers are continuously innovating to incorporate stevia into new and existing products to meet consumer preferences for healthier alternatives.
Another significant application of stevia extracts is in the dairy industry. Stevia is increasingly being used in yogurt, milk, and cheese products to reduce sugar content while maintaining the desired sweetness. The shift towards healthier dietary options has prompted dairy producers to explore stevia as a viable ingredient for reducing calorie content without compromising on taste. Stevia's ability to enhance the flavor profile of dairy products has made it an attractive choice for both manufacturers and consumers. This trend is supported by the growing awareness of the negative health impacts of excessive sugar consumption and the corresponding rise in demand for healthier dairy alternatives.
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Coca Cola
Pepsi Company
Zevia
Hartwall
Del Monte Food Corporation
Sweetal
Barry Callebaut
Arla
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 Japan Stevia Extract and Stevia Products Market
Supermarket
Convenience Store
Online Stores
Based on Types the Market is categorized into Below types that held the largest Stevia Extract and Stevia Products market share In 2023.
Beverage
Nutrition
Confection & Baked Goods
Dairy
Dietary Supplements
Feed
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, 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 Japan Stevia Extract and Stevia Products 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. Japan Stevia Extract and Stevia Products Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Stevia Extract and Stevia Products Market, By Type
6. Japan Stevia Extract and Stevia Products Market, By Application
7. Japan Stevia Extract and Stevia Products Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Stevia Extract and Stevia Products Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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