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

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).

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.

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

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Stevia Beverages Market, by Distribution Channel
1.4.2 LAMEA Stevia Beverages Market, by Application
1.4.3 LAMEA Stevia Beverages Market, by Type
1.4.4 LAMEA 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. LAMEA Stevia Beverages Market by Distribution Channel
4.1 LAMEA Hypermarket & Supermarket Market by Country
4.2 LAMEA Convenience stores Market by Country
4.3 LAMEA Ecommerce Market by Country
4.4 LAMEA Independent retailers Market by Country
4.5 LAMEA Other Distribution Channel Market by Country

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

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

Chapter 7. LAMEA Stevia Beverages Market by Country
7.1 Brazil Stevia Beverages Market
7.1.1 Brazil Stevia Beverages Market by Distribution Channel
7.1.2 Brazil Stevia Beverages Market by Application
7.1.3 Brazil Stevia Beverages Market by Type
7.2 Argentina Stevia Beverages Market
7.2.1 Argentina Stevia Beverages Market by Distribution Channel
7.2.2 Argentina Stevia Beverages Market by Application
7.2.3 Argentina Stevia Beverages Market by Type
7.3 UAE Stevia Beverages Market
7.3.1 UAE Stevia Beverages Market by Distribution Channel
7.3.2 UAE Stevia Beverages Market by Application
7.3.3 UAE Stevia Beverages Market by Type
7.4 Saudi Arabia Stevia Beverages Market
7.4.1 Saudi Arabia Stevia Beverages Market by Distribution Channel
7.4.2 Saudi Arabia Stevia Beverages Market by Application
7.4.3 Saudi Arabia Stevia Beverages Market by Type
7.5 South Africa Stevia Beverages Market
7.5.1 South Africa Stevia Beverages Market by Distribution Channel
7.5.2 South Africa Stevia Beverages Market by Application
7.5.3 South Africa Stevia Beverages Market by Type
7.6 Nigeria Stevia Beverages Market
7.6.1 Nigeria Stevia Beverages Market by Distribution Channel
7.6.2 Nigeria Stevia Beverages Market by Application
7.6.3 Nigeria Stevia Beverages Market by Type
7.7 Rest of LAMEA Stevia Beverages Market
7.7.1 Rest of LAMEA Stevia Beverages Market by Distribution Channel
7.7.2 Rest of LAMEA Stevia Beverages Market by Application
7.7.3 Rest of LAMEA 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 LAMEA Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 2 LAMEA Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 3 LAMEA Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 4 LAMEA Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 5 LAMEA Hypermarket & Supermarket Market by Country, 2020 - 2023, USD Thousands
TABLE 6 LAMEA Hypermarket & Supermarket Market by Country, 2024 - 2031, USD Thousands
TABLE 7 LAMEA Convenience stores Market by Country, 2020 - 2023, USD Thousands
TABLE 8 LAMEA Convenience stores Market by Country, 2024 - 2031, USD Thousands
TABLE 9 LAMEA Ecommerce Market by Country, 2020 - 2023, USD Thousands
TABLE 10 LAMEA Ecommerce Market by Country, 2024 - 2031, USD Thousands
TABLE 11 LAMEA Independent retailers Market by Country, 2020 - 2023, USD Thousands
TABLE 12 LAMEA Independent retailers Market by Country, 2024 - 2031, USD Thousands
TABLE 13 LAMEA Other Distribution Channel Market by Country, 2020 - 2023, USD Thousands
TABLE 14 LAMEA Other Distribution Channel Market by Country, 2024 - 2031, USD Thousands
TABLE 15 LAMEA Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 16 LAMEA Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 17 LAMEA Soft Drinks Market by Country, 2020 - 2023, USD Thousands
TABLE 18 LAMEA Soft Drinks Market by Country, 2024 - 2031, USD Thousands
TABLE 19 LAMEA RTD Tea & Coffee Market by Country, 2020 - 2023, USD Thousands
TABLE 20 LAMEA RTD Tea & Coffee Market by Country, 2024 - 2031, USD Thousands
TABLE 21 LAMEA RTD Juice Market by Country, 2020 - 2023, USD Thousands
TABLE 22 LAMEA RTD Juice Market by Country, 2024 - 2031, USD Thousands
TABLE 23 LAMEA Sports Drinks Market by Country, 2020 - 2023, USD Thousands
TABLE 24 LAMEA Sports Drinks Market by Country, 2024 - 2031, USD Thousands
TABLE 25 LAMEA Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 26 LAMEA Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 27 LAMEA Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 28 LAMEA Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 29 LAMEA Powder Market by Country, 2020 - 2023, USD Thousands
TABLE 30 LAMEA Powder Market by Country, 2024 - 2031, USD Thousands
TABLE 31 LAMEA Liquid Market by Country, 2020 - 2023, USD Thousands
TABLE 32 LAMEA Liquid Market by Country, 2024 - 2031, USD Thousands
TABLE 33 LAMEA Other Type Market by Country, 2020 - 2023, USD Thousands
TABLE 34 LAMEA Other Type Market by Country, 2024 - 2031, USD Thousands
TABLE 35 LAMEA Stevia Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 36 LAMEA Stevia Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 37 Brazil Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 38 Brazil Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 39 Brazil Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 40 Brazil Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 41 Brazil Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 42 Brazil Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 43 Brazil Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 44 Brazil Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 45 Argentina Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 46 Argentina Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 47 Argentina Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 48 Argentina Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 49 Argentina Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Argentina Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 51 Argentina Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 52 Argentina Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 53 UAE Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 54 UAE Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 55 UAE Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 56 UAE Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 57 UAE Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 58 UAE Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 59 UAE Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 60 UAE Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 61 Saudi Arabia Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 62 Saudi Arabia Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 63 Saudi Arabia Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 64 Saudi Arabia Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 65 Saudi Arabia Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 66 Saudi Arabia Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 67 Saudi Arabia Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 68 Saudi Arabia Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 69 South Africa Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 70 South Africa Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 71 South Africa Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 72 South Africa Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 73 South Africa Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 74 South Africa Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 75 South Africa Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 76 South Africa Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 77 Nigeria Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 78 Nigeria Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 79 Nigeria Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 80 Nigeria Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 81 Nigeria Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 82 Nigeria Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 83 Nigeria Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 84 Nigeria Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 85 Rest of LAMEA Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 86 Rest of LAMEA Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 87 Rest of LAMEA Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 88 Rest of LAMEA Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 89 Rest of LAMEA Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 90 Rest of LAMEA Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 91 Rest of LAMEA Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 92 Rest of LAMEA 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 LAMEA 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 LAMEA Stevia Beverages Market share by Distribution Channel, 2023
FIG 6 LAMEA Stevia Beverages Market share by Distribution Channel, 2031
FIG 7 LAMEA Stevia Beverages Market by Distribution Channel, 2020 - 2031, USD Thousands
FIG 8 LAMEA Stevia Beverages Market share by Application, 2023
FIG 9 LAMEA Stevia Beverages Market share by Application, 2031
FIG 10 LAMEA Stevia Beverages Market by Application, 2020 - 2031, USD Thousands
FIG 11 LAMEA Stevia Beverages Market share by Type, 2023
FIG 12 LAMEA Stevia Beverages Market share by Type, 2031
FIG 13 LAMEA Stevia Beverages Market by Type, 2020 - 2031, USD Thousands
FIG 14 LAMEA Stevia Beverages Market share by Country, 2023
FIG 15 LAMEA Stevia Beverages Market share by Country, 2031
FIG 16 LAMEA 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