The North America Stevia Beverages Market would witness market growth of 7.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Stevia Beverages Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $101,627.9 Thousands by 2031. The Canada market is experiencing a CAGR of 10.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 9.3% during (2024 - 2031).

The stevia beverages market is experiencing significant growth as consumers increasingly seek healthier, low-calorie alternatives to traditional sugar-sweetened drinks. With rising concerns about obesity, diabetes, and other lifestyle-related diseases, there is a strong demand for natural sweeteners that provide the same level of sweetness as sugar but without the associated health risks. Among the various sugar substitutes available in the market, stevia has emerged as one of the most preferred choices due to its plant-based origin, zero-calorie nature, and recognized health benefits.
As consumers become more conscious about their dietary habits, beverage manufacturers incorporate stevia into their formulations to offer healthier drink options without compromising taste. This shift is further driven by increasing government regulations on sugar consumption, technological advancements in sweetener formulations, and the rapid expansion of retail and e-commerce channels.
In Canada, government regulations on sugar reduction and the imposition of sugar taxes have played a crucial role in the increased adoption of stevia-sweetened beverages. Canadian consumers are becoming more label-conscious, preferring beverages with natural ingredients and fewer additives. Major beverage manufacturers are responding by reformulating their soft drinks, iced teas, and plant-based milk alternatives with stevia to align with these policies. Additionally, Canada's rising trend of vegan and organic diets has further fueled interest in natural and plant-based sweeteners, pushing stevia beverages into mainstream consumption. As a result of the increasing demand for organic and clean-label products, the proliferation of online retail platforms, and ongoing health awareness campaigns, stevia beverages will become a popular choice across North America in the years ahead.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Stevia Beverages Market, by Distribution Channel
1.4.2 North America Stevia Beverages Market, by Application
1.4.3 North America Stevia Beverages Market, by Type
1.4.4 North America 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. North America Stevia Beverages Market by Distribution Channel
4.1 North America Hypermarket & Supermarket Market by Region
4.2 North America Convenience stores Market by Region
4.3 North America Ecommerce Market by Region
4.4 North America Independent retailers Market by Region
4.5 North America Other Distribution Channel Market by Region
Chapter 5. North America Stevia Beverages Market by Application
5.1 North America Soft Drinks Market by Country
5.2 North America RTD Tea & Coffee Market by Country
5.3 North America RTD Juice Market by Country
5.4 North America Sports Drinks Market by Country
5.5 North America Other Application Market by Country
Chapter 6. North America Stevia Beverages Market by Type
6.1 North America Powder Market by Country
6.2 North America Liquid Market by Country
6.3 North America Other Type Market by Country
Chapter 7. North America Stevia Beverages Market by Country
7.1 US Stevia Beverages Market
7.1.1 US Stevia Beverages Market by Distribution Channel
7.1.2 US Stevia Beverages Market by Application
7.1.3 US Stevia Beverages Market by Type
7.2 Canada Stevia Beverages Market
7.2.1 Canada Stevia Beverages Market by Distribution Channel
7.2.2 Canada Stevia Beverages Market by Application
7.2.3 Canada Stevia Beverages Market by Type
7.3 Mexico Stevia Beverages Market
7.3.1 Mexico Stevia Beverages Market by Distribution Channel
7.3.2 Mexico Stevia Beverages Market by Application
7.3.3 Mexico Stevia Beverages Market by Type
7.4 Rest of North America Stevia Beverages Market
7.4.1 Rest of North America Stevia Beverages Market by Distribution Channel
7.4.2 Rest of North America Stevia Beverages Market by Application
7.4.3 Rest of North America 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 North America Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 2 North America Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 3 North America Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 4 North America Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 5 North America Hypermarket & Supermarket Market by Region, 2020 - 2023, USD Thousands
TABLE 6 North America Hypermarket & Supermarket Market by Region, 2024 - 2031, USD Thousands
TABLE 7 North America Convenience stores Market by Region, 2020 - 2023, USD Thousands
TABLE 8 North America Convenience stores Market by Region, 2024 - 2031, USD Thousands
TABLE 9 North America Ecommerce Market by Region, 2020 - 2023, USD Thousands
TABLE 10 North America Ecommerce Market by Region, 2024 - 2031, USD Thousands
TABLE 11 North America Independent retailers Market by Region, 2020 - 2023, USD Thousands
TABLE 12 North America Independent retailers Market by Region, 2024 - 2031, USD Thousands
TABLE 13 North America Other Distribution Channel Market by Region, 2020 - 2023, USD Thousands
TABLE 14 North America Other Distribution Channel Market by Region, 2024 - 2031, USD Thousands
TABLE 15 North America Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 16 North America Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 17 North America Soft Drinks Market by Country, 2020 - 2023, USD Thousands
TABLE 18 North America Soft Drinks Market by Country, 2024 - 2031, USD Thousands
TABLE 19 North America RTD Tea & Coffee Market by Country, 2020 - 2023, USD Thousands
TABLE 20 North America RTD Tea & Coffee Market by Country, 2024 - 2031, USD Thousands
TABLE 21 North America RTD Juice Market by Country, 2020 - 2023, USD Thousands
TABLE 22 North America RTD Juice Market by Country, 2024 - 2031, USD Thousands
TABLE 23 North America Sports Drinks Market by Country, 2020 - 2023, USD Thousands
TABLE 24 North America Sports Drinks Market by Country, 2024 - 2031, USD Thousands
TABLE 25 North America Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 26 North America Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 27 North America Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 28 North America Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 29 North America Powder Market by Country, 2020 - 2023, USD Thousands
TABLE 30 North America Powder Market by Country, 2024 - 2031, USD Thousands
TABLE 31 North America Liquid Market by Country, 2020 - 2023, USD Thousands
TABLE 32 North America Liquid Market by Country, 2024 - 2031, USD Thousands
TABLE 33 North America Other Type Market by Country, 2020 - 2023, USD Thousands
TABLE 34 North America Other Type Market by Country, 2024 - 2031, USD Thousands
TABLE 35 North America Stevia Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 36 North America Stevia Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 37 US Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 38 US Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 39 US Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 40 US Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 41 US Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 42 US Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 43 US Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 44 US Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 45 Canada Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 46 Canada Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 47 Canada Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 48 Canada Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 49 Canada Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Canada Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 51 Canada Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 52 Canada Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 53 Mexico Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 54 Mexico Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 55 Mexico Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 56 Mexico Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 57 Mexico Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 58 Mexico Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 59 Mexico Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 60 Mexico Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 61 Rest of North America Stevia Beverages Market, 2020 - 2023, USD Thousands
TABLE 62 Rest of North America Stevia Beverages Market, 2024 - 2031, USD Thousands
TABLE 63 Rest of North America Stevia Beverages Market by Distribution Channel, 2020 - 2023, USD Thousands
TABLE 64 Rest of North America Stevia Beverages Market by Distribution Channel, 2024 - 2031, USD Thousands
TABLE 65 Rest of North America Stevia Beverages Market by Application, 2020 - 2023, USD Thousands
TABLE 66 Rest of North America Stevia Beverages Market by Application, 2024 - 2031, USD Thousands
TABLE 67 Rest of North America Stevia Beverages Market by Type, 2020 - 2023, USD Thousands
TABLE 68 Rest of North America Stevia Beverages Market by Type, 2024 - 2031, USD Thousands
TABLE 69 key information – PepsiCo, Inc.
TABLE 70 Key Information – Steaz
TABLE 71 Key Information – The Coca Cola Company
TABLE 72 Key Information – Zevia, LLC
TABLE 73 Key Information – Nestle S.A.
TABLE 74 Key Information – AriZona Beverages Company LLC
TABLE 75 key Information – Hint Water, Inc.
TABLE 76 Key Information – Polar Beverages, Inc.
TABLE 77 Key Information – Green Cola
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Stevia Beverages Market share by Distribution Channel, 2023
FIG 6 North America Stevia Beverages Market share by Distribution Channel, 2031
FIG 7 North America Stevia Beverages Market by Distribution Channel, 2020 - 2031, USD Thousands
FIG 8 North America Stevia Beverages Market share by Application, 2023
FIG 9 North America Stevia Beverages Market share by Application, 2031
FIG 10 North America Stevia Beverages Market by Application, 2020 - 2031, USD Thousands
FIG 11 North America Stevia Beverages Market share by Type, 2023
FIG 12 North America Stevia Beverages Market share by Type, 2031
FIG 13 North America Stevia Beverages Market by Type, 2020 - 2031, USD Thousands
FIG 14 North America Stevia Beverages Market share by Country, 2023
FIG 15 North America Stevia Beverages Market share by Country, 2031
FIG 16 North America 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