Asia Pacific Stevia Beverages Market Size, Share & Trends Analysis Report By Distribution Channel, By Application, By Type (Powder, Liquid, and Other Type), By Country and Growth Forecast, 2024 - 2031

The Asia Pacific Stevia Beverages Market would witness market growth of 9.0% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Stevia Beverages Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $36,049.2 Thousands by 2031. The Japan market is expected to witness a CAGR of 8.4% during (2024 - 2031). Additionally, The India market would register a CAGR of 9.8% during (2024 - 2031).

The stevia beverages market also benefits from leading manufacturers' increased investments and product innovations. Coca-Cola, PepsiCo, Nestlé, and Unilever have all launched stevia-based product lines in response to the growing customer demand for beverages that are naturally sweetened and sugar-free. These companies continuously invest in R&D to develop new stevia formulations, ensuring they deliver beverages that taste as close to traditional sugary drinks as possible. Smaller brands and startups are also entering the market with unique, niche offerings, including stevia-sweetened cold brews, sparkling waters, and organic fruit drinks. The expanding range of stevia beverages in the market demonstrates that both large corporations and independent brands recognize the long-term potential of natural sweeteners.

A move toward clean-label products and more health consciousness are the causes of the growing demand for natural and plant-based sweeteners. Consumers actively avoid artificial sweeteners like aspartame and saccharin, linked to health concerns, and opt for natural alternatives like stevia. Unlike high-fructose corn syrup and refined sugar, stevia provides sweetness without calories or glycemic impact, making it ideal for diabetic-friendly and weight-conscious products. Recognizing this trend, major beverage companies have reformulated their drinks with stevia.

South Korea's growing K-health trend and rising preference for functional beverages have driven demand for stevia-based drinks. With a strong consumer base focused on beauty, wellness, and dietary management, there has been an increase in stevia-sweetened beauty drinks, weight-management beverages, and probiotic drinks. Additionally, South Korea’s expanding demand for RTD teas and fruit-infused drinks has led to the incorporation of stevia as a natural sweetener in popular beverages, such as ginseng teas and fermented fruit drinks. The growth of convenience store culture has also played a role in making stevia beverages more accessible to consumers. Hence, the region will present lucrative growth opportunities for the market throughout the forecast period.

Free Valuable Insights: The Global Stevia Beverages Market is Predict to reach USD 426.91 Million by 2031, at a CAGR of 8.5%

Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Convenience stores, Ecommerce, Independent retailers, and Other Distribution Channel. Based on Application, the market is segmented into Soft Drinks, RTD Tea & Coffee, RTD Juice, Sports Drinks, and Other Application. Based on Type, the market is segmented into Powder, Liquid, and Other Type. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• PepsiCo, Inc.
• STEAZ
• The Coca Cola Company
• Zevia, LLC
• Nestle S.A.
• AriZona Beverages Company LLC
• Hint Water, Inc.
• Polar Beverages, Inc.
• Green Cola

Asia Pacific Stevia Beverages Market Report Segmentation

By Distribution Channel

• Hypermarket & Supermarket
• Convenience stores
• Ecommerce
• Independent retailers
• Other Distribution Channel

By Application

• Soft Drinks
• RTD Tea & Coffee
• RTD Juice
• Sports Drinks
• Other Application

By Type

• Powder
• Liquid
• Other Type

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Stevia Beverages Market, by Distribution Channel
1.4.2 Asia Pacific Stevia Beverages Market, by Application
1.4.3 Asia Pacific Stevia Beverages Market, by Type
1.4.4 Asia Pacific Stevia Beverages Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific Stevia Beverages Market by Distribution Channel
4.1 Asia Pacific Hypermarket & Supermarket Market by Country
4.2 Asia Pacific Convenience stores Market by Country
4.3 Asia Pacific Ecommerce Market by Country
4.4 Asia Pacific Independent retailers Market by Country
4.5 Asia Pacific Other Distribution Channel Market by Country

Chapter 5. Asia Pacific Stevia Beverages Market by Application
5.1 Asia Pacific Soft Drinks Market by Country
5.2 Asia Pacific RTD Tea & Coffee Market by Country
5.3 Asia Pacific RTD Juice Market by Country
5.4 Asia Pacific Sports Drinks Market by Country
5.5 Asia Pacific Other Application Market by Country

Chapter 6. Asia Pacific Stevia Beverages Market by Type
6.1 Asia Pacific Powder Market by Country
6.2 Asia Pacific Liquid Market by Country
6.3 Asia Pacific Other Type Market by Country

Chapter 7. Asia Pacific Stevia Beverages Market by Country
7.1 China Stevia Beverages Market
7.1.1 China Stevia Beverages Market by Distribution Channel
7.1.2 China Stevia Beverages Market by Application
7.1.3 China Stevia Beverages Market by Type
7.2 Japan Stevia Beverages Market
7.2.1 Japan Stevia Beverages Market by Distribution Channel
7.2.2 Japan Stevia Beverages Market by Application
7.2.3 Japan Stevia Beverages Market by Type
7.3 India Stevia Beverages Market
7.3.1 India Stevia Beverages Market by Distribution Channel
7.3.2 India Stevia Beverages Market by Application
7.3.3 India Stevia Beverages Market by Type
7.4 South Korea Stevia Beverages Market
7.4.1 South Korea Stevia Beverages Market by Distribution Channel
7.4.2 South Korea Stevia Beverages Market by Application
7.4.3 South Korea Stevia Beverages Market by Type
7.5 Singapore Stevia Beverages Market
7.5.1 Singapore Stevia Beverages Market by Distribution Channel
7.5.2 Singapore Stevia Beverages Market by Application
7.5.3 Singapore Stevia Beverages Market by Type
7.6 Malaysia Stevia Beverages Market
7.6.1 Malaysia Stevia Beverages Market by Distribution Channel
7.6.2 Malaysia Stevia Beverages Market by Application
7.6.3 Malaysia Stevia Beverages Market by Type
7.7 Rest of Asia Pacific Stevia Beverages Market
7.7.1 Rest of Asia Pacific Stevia Beverages Market by Distribution Channel
7.7.2 Rest of Asia Pacific Stevia Beverages Market by Application
7.7.3 Rest of Asia Pacific Stevia Beverages Market by Type

Chapter 8. Company Profiles
8.1 PepsiCo, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.2 STEAZ
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 The Coca Cola Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 SWOT Analysis
8.4 Zevia, LLC
8.4.1 Company Overview
8.5 Nestle S.A.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 AriZona Beverages Company LLC
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.6.3 SWOT Analysis
8.7 Hint Water, Inc.
8.7.1 Company Overview
8.8 Polar Beverages, Inc.
8.8.1 Company Overview
8.9 Green Cola
8.9.1 Company Overview

TABLE 1 Asia Pacific Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 2 Asia Pacific Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 3 Asia Pacific Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 4 Asia Pacific Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 5 Asia Pacific Hypermarket & Supermarket Market by Country, 2020 - 2023, USD Thousands
TABLE 6 Asia Pacific Hypermarket & Supermarket Market by Country, 2024 - 2031, USD Thousands
TABLE 7 Asia Pacific Convenience stores Market by Country, 2020 - 2023, USD Thousands
TABLE 8 Asia Pacific Convenience stores Market by Country, 2024 - 2031, USD Thousands
TABLE 9 Asia Pacific Ecommerce Market by Country, 2020 - 2023, USD Thousands
TABLE 10 Asia Pacific Ecommerce Market by Country, 2024 - 2031, USD Thousands
TABLE 11 Asia Pacific Independent retailers Market by Country, 2020 - 2023, USD Thousands
TABLE 12 Asia Pacific Independent retailers Market by Country, 2024 - 2031, USD Thousands
TABLE 13 Asia Pacific Other Distribution Channel Market by Country, 2020 - 2023, USD Thousands
TABLE 14 Asia Pacific Other Distribution Channel Market by Country, 2024 - 2031, USD Thousands
TABLE 15 Asia Pacific Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 16 Asia Pacific Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 17 Asia Pacific Soft Drinks Market by Country, 2020 - 2023, USD Thousands
TABLE 18 Asia Pacific Soft Drinks Market by Country, 2024 - 2031, USD Thousands
TABLE 19 Asia Pacific RTD Tea & Coffee Market by Country, 2020 - 2023, USD Thousands
TABLE 20 Asia Pacific RTD Tea & Coffee Market by Country, 2024 - 2031, USD Thousands
TABLE 21 Asia Pacific RTD Juice Market by Country, 2020 - 2023, USD Thousands
TABLE 22 Asia Pacific RTD Juice Market by Country, 2024 - 2031, USD Thousands
TABLE 23 Asia Pacific Sports Drinks Market by Country, 2020 - 2023, USD Thousands
TABLE 24 Asia Pacific Sports Drinks Market by Country, 2024 - 2031, USD Thousands
TABLE 25 Asia Pacific Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 26 Asia Pacific Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 27 Asia Pacific Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 28 Asia Pacific Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 29 Asia Pacific Powder Market by Country, 2020 - 2023, USD Thousands
TABLE 30 Asia Pacific Powder Market by Country, 2024 - 2031, USD Thousands
TABLE 31 Asia Pacific Liquid Market by Country, 2020 - 2023, USD Thousands
TABLE 32 Asia Pacific Liquid Market by Country, 2024 - 2031, USD Thousands
TABLE 33 Asia Pacific Other Type Market by Country, 2020 - 2023, USD Thousands
TABLE 34 Asia Pacific Other Type Market by Country, 2024 - 2031, USD Thousands
TABLE 35 Asia Pacific Stevia Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 36 Asia Pacific Stevia Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 37 China Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 38 China Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 39 China Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 40 China Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 41 China Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 42 China Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 43 China Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 44 China Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 45 Japan Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 46 Japan Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 47 Japan Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 48 Japan Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 49 Japan Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Japan Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 51 Japan Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 52 Japan Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 53 India Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 54 India Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 55 India Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 56 India Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 57 India Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 58 India Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 59 India Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 60 India Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 61 South Korea Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 62 South Korea Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 63 South Korea Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 64 South Korea Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 65 South Korea Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 66 South Korea Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 67 South Korea Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 68 South Korea Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 69 Singapore Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 70 Singapore Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 71 Singapore Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 72 Singapore Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 73 Singapore Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 74 Singapore Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 75 Singapore Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 76 Singapore Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 77 Malaysia Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 78 Malaysia Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 79 Malaysia Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 80 Malaysia Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 81 Malaysia Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 82 Malaysia Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 83 Malaysia Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 84 Malaysia Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 85 Rest of Asia Pacific Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 86 Rest of Asia Pacific Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 87 Rest of Asia Pacific Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 88 Rest of Asia Pacific Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 89 Rest of Asia Pacific Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 90 Rest of Asia Pacific Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 91 Rest of Asia Pacific Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 92 Rest of Asia Pacific Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 93 key information – PepsiCo, Inc.
TABLE 94 Key Information – Steaz
TABLE 95 Key Information – The Coca Cola Company
TABLE 96 Key Information – Zevia, LLC
TABLE 97 Key Information – Nestle S.A.
TABLE 98 Key Information – AriZona Beverages Company LLC
TABLE 99 key Information – Hint Water, Inc.
TABLE 100 Key Information – Polar Beverages, Inc.
TABLE 101 Key Information – Green Cola

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Stevia Beverages Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Stevia Beverages Market
FIG 4 Porter’s Five Forces Analysis – Stevia Beverages Market
FIG 5 Asia Pacific Stevia Beverages Market share by Distribution Channel, 2023
FIG 6 Asia Pacific Stevia Beverages Market share by Distribution Channel, 2031
FIG 7 Asia Pacific Stevia Beverages Market by Distribution Channel, 2020 - 2031, USD Thousands
FIG 8 Asia Pacific Stevia Beverages Market share by Application, 2023
FIG 9 Asia Pacific Stevia Beverages Market share by Application, 2031
FIG 10 Asia Pacific Stevia Beverages Market by Application, 2020 - 2031, USD Thousands
FIG 11 Asia Pacific Stevia Beverages Market share by Type, 2023
FIG 12 Asia Pacific Stevia Beverages Market share by Type, 2031
FIG 13 Asia Pacific Stevia Beverages Market by Type, 2020 - 2031, USD Thousands
FIG 14 Asia Pacific Stevia Beverages Market share by Country, 2023
FIG 15 Asia Pacific Stevia Beverages Market share by Country, 2031
FIG 16 Asia Pacific Stevia Beverages Market by Country, 2020 - 2031, USD Thousands
FIG 17 Swot Analysis: steaz
FIG 18 SWOT Analysis: The Coca Cola Company
FIG 19 SWOT Analysis: Nestle S.A.
FIG 20 SWOT Analysis: AriZona Beverage Company LLC