LAMEA Stevia Beverages Market

LAMEA 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

Report Id: KBV-26610 Publication Date: January-2025 Number of Pages: 105
Special Offering:
Industry Insights | Market Trends
Highest number of Tables | 24/7 Analyst Support

Analysis of Market Size & Trends

The Latin America, Middle East and Africa Stevia Beverages Market would witness market growth of 11.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Stevia Beverages Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,889.5 Thousands by 2031. The Argentina market is registering a CAGR of 12.2% during (2024 - 2031). Additionally, The UAE market would witness a CAGR of 10.3% during (2024 - 2031).

LAMEA Stevia Beverages Market

The plant-based movement has further accelerated the demand for natural sweeteners as consumers prioritize sustainability and transparency in food and beverage ingredients. Stevia, requiring less water and land than sugarcane, aligns with eco-conscious values, leading to its widespread adoption of plant-based drinks. Companies producing dairy-free alternatives like Ripple Foods and Silk Almond Milk use stevia to provide natural sweetness without added sugars, appealing to health-conscious buyers. As more brands shift toward natural formulations, stevia is solidifying its place as a leading plant-based sweetener, ensuring continued expansion across multiple beverage categories.

The adoption of stevia in the alcoholic beverage industry is growing as consumers seek low-calorie and sugar-free alternatives to traditional high-sugar drinks. With the rise of health-conscious drinking trends, many people are opting for low-carb and keto-friendly alcoholic options, making stevia a preferred natural sweetener in hard seltzers, cocktails, and flavored spirits. Popular brands like White Claw, Truly, and Bon & Viv use stevia to maintain a sweet taste without added sugars, catering to consumers who want refreshing, guilt-free beverages.

In South Africa, the retail industry is critical in promoting stevia-based beverages. Leading supermarket chains are expanding their sugar-free and diabetic-friendly drink offerings, making stevia-infused soft drinks, iced teas, and flavored waters more accessible to consumers. With a growing middle-class population concerned about obesity and lifestyle diseases, beverage manufacturers are responding with affordable, plant-based alternatives to traditional sugary drinks. South Africa’s dynamic herbal beverages market has also begun incorporating stevia into rooibos and botanical-based drinks, appealing to local and global health-conscious consumers. Thus, the stevia beverages market in LAMEA is poised for sustained growth, offering unparalleled opportunities for manufacturers to cater to the region’s diverse and evolving demands.

Free Valuable Insights: The Worldwide Stevia Beverages Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

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

LAMEA 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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo