North America Stevia Market Size, Share & Trends Analysis Report By Distribution Channel, By Form, By End User, By Type, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Stevia Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 2,255.41 tonnes, showcasing a growth of 11.3% (2020-2023).

In recent years, stevia sales through offline distribution channels have seen a steady upward trend, mirroring the growing consumer demand for natural sweeteners and healthier alternatives to sugar. Traditional brick-and-mortar stores such as supermarkets, grocery stores, and health food stores have been key players in driving these sales, leveraging their established presence and consumer trust to promote stevia products. Therefore, the US market would consume 2,434.27 tonnes of stevia through offline distribution channels by 2031.

The US market dominated the North America Stevia Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $276.5 million by 2031. The Canada market is experiencing a CAGR of 9.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.9% during (2024 - 2031).

The market has witnessed remarkable growth and evolution in recent years, driven by increasing consumer demand for natural, low-calorie sweeteners amid rising health consciousness and concerns about the adverse effects of sugar consumption. Stevia, derived from the leaves of the Stevia rebaudiana plant, has emerged as a popular alternative to traditional sugar and artificial sweeteners due to its natural origin, zero-calorie properties, and potential health benefits.

Additionally, as consumer consciousness regarding the detrimental health effects of excessive sugar intake, such as obesity, diabetes, and cardiovascular disease, has grown, stevia has gained significant traction as a sweetening agent. Health-conscious consumers increasingly seek alternatives to sugar and artificial sweeteners, driving the demand for natural, plant-based sweeteners like stevia. The adoption of stevia is further fueled by regulatory initiatives aimed at reducing sugar intake and promoting healthier dietary choices.

Canadians are becoming more conscious of the ingredients in their food and beverages, opting for products made with natural and minimally processed ingredients. As a plant-derived sweetener extracted from the leaves of the Stevia rebaudiana plant, stevia is perceived as a natural alternative to artificial sweeteners and high-fructose corn syrup. As per the data from the Government of Canada, in 2022, the food and beverage processing industry were the largest manufacturing industry in Canada in terms of production value, with sales of goods manufactured worth $156.5 billion. In 2022, processed food and beverage product exports reached a noteworthy $54.3 billion in value, reflecting a 14.1% growth compared to 2021. This figure accounted for 34.7% of the total value of production. Hence, North America's rising food and beverage sector will boost the demand for stevia in the region.

Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Form, the market is segmented into Powder, Liquid, and Leaf. Based on End User, the market is segmented into Food & Beverages, Retail, Pharmaceuticals, and Others. Based on Type, the market is segmented into Reb A, Reb M, and Reb D. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Ingredion Incorporated
Tate & Lyle Plc
The Coca Cola Company
PepsiCo, Inc.
Archer Daniels Midland Company
Pyure Brands, LLC
Cargill, Incorporated
S&W Seed Company
Morita Kagaku Kogyo Co., Ltd.
Evolva Holdings SA

North America Stevia Market Report Segmentation

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)

Offline
Online

By Form (Volume, Tonnes, USD Billion, 2020-2031)

Powder
Liquid
Leaf

By End User (Volume, Tonnes, USD Billion, 2020-2031)

Food & Beverages
Retail
Pharmaceuticals
Others

By Type (Volume, Tonnes, USD Billion, 2020-2031)

Reb A
Reb M
Reb D

By Country

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Stevia Market, by Distribution Channel
- 1.4.2North America Stevia Market, by Form
- 1.4.3North America Stevia Market, by End User
- 1.4.4North America Stevia Market, by Type
- 1.4.5North America Stevia Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

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

Chapter 4.North America Stevia Market by Distribution Channel

4.1North America Offline Market by Region
4.2North America Online Market by Region

Chapter 5.North America Stevia Market by Form

5.1North America Powder Market by Country
5.2North America Liquid Market by Country
5.3North America Leaf Market by Country

Chapter 6.North America Stevia Market by End User

6.1North America Food & Beverages Market by Country
6.2North America Retail Market by Country
6.3North America Pharmaceuticals Market by Country
6.4North America Others Market by Country

Chapter 7.North America Stevia Market by Type

7.1North America Reb A Market by Country
7.2North America Reb M Market by Country
7.3North America Reb D Market by Country

Chapter 8.North America Stevia Market by Country

8.1US Stevia Market
- 8.1.1US Stevia Market by Distribution Channel
- 8.1.2US Stevia Market by Form
- 8.1.3US Stevia Market by End User
- 8.1.4US Stevia Market by Type
8.2Canada Stevia Market
- 8.2.1Canada Stevia Market by Distribution Channel
- 8.2.2Canada Stevia Market by Form
- 8.2.3Canada Stevia Market by End User
- 8.2.4Canada Stevia Market by Type
8.3Mexico Stevia Market
- 8.3.1Mexico Stevia Market by Distribution Channel
- 8.3.2Mexico Stevia Market by Form
- 8.3.3Mexico Stevia Market by End User
- 8.3.4Mexico Stevia Market by Type
8.4Rest of North America Stevia Market
- 8.4.1Rest of North America Stevia Market by Distribution Channel
- 8.4.2Rest of North America Stevia Market by Form
- 8.4.3Rest of North America Stevia Market by End User
- 8.4.4Rest of North America Stevia Market by Type

Chapter 9.Company Profiles

9.1Ingredion Incorporated
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Regional Analysis
- 9.1.4Research & Development Expenses
- 9.1.5Recent strategies and developments:
  - 9.1.5.1Partnerships, Collaborations, and Agreements:
  - 9.1.5.2Acquisition and Mergers:
- 9.1.6SWOT Analysis
9.2Tate & Lyle PLC
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental & Regional Analysis
- 9.2.4Research & Development Expense
- 9.2.5Recent strategies and developments:
  - 9.2.5.1Partnerships, Collaborations, and Agreements:
  - 9.2.5.2Product Launches and Product Expansions:
  - 9.2.5.3Acquisition and Mergers:
- 9.2.6SWOT Analysis
9.3The Coca Cola Company
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4SWOT Analysis
9.4PepsiCo, Inc.
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expense
- 9.4.5SWOT Analysis
9.5Archer Daniels Midland Company
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expense
9.6Pyure Brands, LLC
- 9.6.1Company Overview
9.7Cargill, Incorporated
- 9.7.1Company Overview
- 9.7.2SWOT Analysis
9.8S&W Seed Company
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Regional Analysis
- 9.8.4Research & Development Expense
9.9Morita Kagaku Kogyo Co., Ltd.
- 9.9.1Company Overview
9.10.Evolva Holdings SA
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Regional Analysis
- 9.10.4Research & Development Expenses
- 9.10.5SWOT Analysis

LIST OF TABLES

TABLE 1North America Stevia Market, 2020 - 2023, USD Million
TABLE 2North America Stevia Market, 2024 - 2031, USD Million
TABLE 3North America Stevia Market, 2020 - 2023, Tonnes
TABLE 4North America Stevia Market, 2024 - 2031, Tonnes
TABLE 5North America Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 6North America Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 7North America Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 8North America Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 9North America Offline Market by Region, 2020 - 2023, USD Million
TABLE 10North America Offline Market by Region, 2024 - 2031, USD Million
TABLE 11North America Offline Market by Region, 2020 - 2023, Tonnes
TABLE 12North America Offline Market by Region, 2024 - 2031, Tonnes
TABLE 13North America Online Market by Region, 2020 - 2023, USD Million
TABLE 14North America Online Market by Region, 2024 - 2031, USD Million
TABLE 15North America Online Market by Region, 2020 - 2023, Tonnes
TABLE 16North America Online Market by Region, 2024 - 2031, Tonnes
TABLE 17North America Stevia Market by Form, 2020 - 2023, USD Million
TABLE 18North America Stevia Market by Form, 2024 - 2031, USD Million
TABLE 19North America Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 20North America Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 21North America Powder Market by Country, 2020 - 2023, USD Million
TABLE 22North America Powder Market by Country, 2024 - 2031, USD Million
TABLE 23North America Powder Market by Country, 2020 - 2023, Tonnes
TABLE 24North America Powder Market by Country, 2024 - 2031, Tonnes
TABLE 25North America Liquid Market by Country, 2020 - 2023, USD Million
TABLE 26North America Liquid Market by Country, 2024 - 2031, USD Million
TABLE 27North America Liquid Market by Country, 2020 - 2023, Tonnes
TABLE 28North America Liquid Market by Country, 2024 - 2031, Tonnes
TABLE 29North America Leaf Market by Country, 2020 - 2023, USD Million
TABLE 30North America Leaf Market by Country, 2024 - 2031, USD Million
TABLE 31North America Leaf Market by Country, 2020 - 2023, Tonnes
TABLE 32North America Leaf Market by Country, 2024 - 2031, Tonnes
TABLE 33North America Stevia Market by End User, 2020 - 2023, USD Million
TABLE 34North America Stevia Market by End User, 2024 - 2031, USD Million
TABLE 35North America Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 36North America Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 37North America Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 38North America Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 39North America Food & Beverages Market by Country, 2020 - 2023, Tonnes
TABLE 40North America Food & Beverages Market by Country, 2024 - 2031, Tonnes
TABLE 41North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 42North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 43North America Retail Market by Country, 2020 - 2023, Tonnes
TABLE 44North America Retail Market by Country, 2024 - 2031, Tonnes
TABLE 45North America Pharmaceuticals Market by Country, 2020 - 2023, USD Million
TABLE 46North America Pharmaceuticals Market by Country, 2024 - 2031, USD Million
TABLE 47North America Pharmaceuticals Market by Country, 2020 - 2023, Tonnes
TABLE 48North America Pharmaceuticals Market by Country, 2024 - 2031, Tonnes
TABLE 49North America Others Market by Country, 2020 - 2023, USD Million
TABLE 50North America Others Market by Country, 2024 - 2031, USD Million
TABLE 51North America Others Market by Country, 2020 - 2023, Tonnes
TABLE 52North America Others Market by Country, 2024 - 2031, Tonnes
TABLE 53North America Stevia Market by Type, 2020 - 2023, USD Million
TABLE 54North America Stevia Market by Type, 2024 - 2031, USD Million
TABLE 55North America Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 56North America Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 57North America Reb A Market by Country, 2020 - 2023, USD Million
TABLE 58North America Reb A Market by Country, 2024 - 2031, USD Million
TABLE 59North America Reb A Market by Country, 2020 - 2023, Tonnes
TABLE 60North America Reb A Market by Country, 2024 - 2031, Tonnes
TABLE 61North America Reb M Market by Country, 2020 - 2023, USD Million
TABLE 62North America Reb M Market by Country, 2024 - 2031, USD Million
TABLE 63North America Reb M Market by Country, 2020 - 2023, Tonnes
TABLE 64North America Reb M Market by Country, 2024 - 2031, Tonnes
TABLE 65North America Reb D Market by Country, 2020 - 2023, USD Million
TABLE 66North America Reb D Market by Country, 2024 - 2031, USD Million
TABLE 67North America Reb D Market by Country, 2020 - 2023, Tonnes
TABLE 68North America Reb D Market by Country, 2024 - 2031, Tonnes
TABLE 69North America Stevia Market by Country, 2020 - 2023, USD Million
TABLE 70North America Stevia Market by Country, 2024 - 2031, USD Million
TABLE 71North America Stevia Market by Country, 2020 - 2023, Tonnes
TABLE 72North America Stevia Market by Country, 2024 - 2031, Tonnes
TABLE 73US Stevia Market, 2020 - 2023, USD Million
TABLE 74US Stevia Market, 2024 - 2031, USD Million
TABLE 75US Stevia Market, 2020 - 2023, Tonnes
TABLE 76US Stevia Market, 2024 - 2031, Tonnes
TABLE 77US Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78US Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79US Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 80US Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 81US Stevia Market by Form, 2020 - 2023, USD Million
TABLE 82US Stevia Market by Form, 2024 - 2031, USD Million
TABLE 83US Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 84US Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 85US Stevia Market by End User, 2020 - 2023, USD Million
TABLE 86US Stevia Market by End User, 2024 - 2031, USD Million
TABLE 87US Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 88US Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 89US Stevia Market by Type, 2020 - 2023, USD Million
TABLE 90US Stevia Market by Type, 2024 - 2031, USD Million
TABLE 91US Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 92US Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 93Canada Stevia Market, 2020 - 2023, USD Million
TABLE 94Canada Stevia Market, 2024 - 2031, USD Million
TABLE 95Canada Stevia Market, 2020 - 2023, Tonnes
TABLE 96Canada Stevia Market, 2024 - 2031, Tonnes
TABLE 97Canada Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98Canada Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99Canada Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 100Canada Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 101Canada Stevia Market by Form, 2020 - 2023, USD Million
TABLE 102Canada Stevia Market by Form, 2024 - 2031, USD Million
TABLE 103Canada Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 104Canada Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 105Canada Stevia Market by End User, 2020 - 2023, USD Million
TABLE 106Canada Stevia Market by End User, 2024 - 2031, USD Million
TABLE 107Canada Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 108Canada Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 109Canada Stevia Market by Type, 2020 - 2023, USD Million
TABLE 110Canada Stevia Market by Type, 2024 - 2031, USD Million
TABLE 111Canada Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 112Canada Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 113Mexico Stevia Market, 2020 - 2023, USD Million
TABLE 114Mexico Stevia Market, 2024 - 2031, USD Million
TABLE 115Mexico Stevia Market, 2020 - 2023, Tonnes
TABLE 116Mexico Stevia Market, 2024 - 2031, Tonnes
TABLE 117Mexico Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 118Mexico Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 119Mexico Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 120Mexico Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 121Mexico Stevia Market by Form, 2020 - 2023, USD Million
TABLE 122Mexico Stevia Market by Form, 2024 - 2031, USD Million
TABLE 123Mexico Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 124Mexico Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 125Mexico Stevia Market by End User, 2020 - 2023, USD Million
TABLE 126Mexico Stevia Market by End User, 2024 - 2031, USD Million
TABLE 127Mexico Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 128Mexico Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 129Mexico Stevia Market by Type, 2020 - 2023, USD Million
TABLE 130Mexico Stevia Market by Type, 2024 - 2031, USD Million
TABLE 131Mexico Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 132Mexico Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 133Rest of North America Stevia Market, 2020 - 2023, USD Million
TABLE 134Rest of North America Stevia Market, 2024 - 2031, USD Million
TABLE 135Rest of North America Stevia Market, 2020 - 2023, Tonnes
TABLE 136Rest of North America Stevia Market, 2024 - 2031, Tonnes
TABLE 137Rest of North America Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 138Rest of North America Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 139Rest of North America Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 140Rest of North America Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 141Rest of North America Stevia Market by Form, 2020 - 2023, USD Million
TABLE 142Rest of North America Stevia Market by Form, 2024 - 2031, USD Million
TABLE 143Rest of North America Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 144Rest of North America Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 145Rest of North America Stevia Market by End User, 2020 - 2023, USD Million
TABLE 146Rest of North America Stevia Market by End User, 2024 - 2031, USD Million
TABLE 147Rest of North America Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 148Rest of North America Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 149Rest of North America Stevia Market by Type, 2020 - 2023, USD Million
TABLE 150Rest of North America Stevia Market by Type, 2024 - 2031, USD Million
TABLE 151Rest of North America Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 152Rest of North America Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 153Key Information - Ingredion Incorporated
TABLE 154Key Information - Tate & Lyle PLC
TABLE 155Key Information - The Coca Cola Company
TABLE 156Key Information - PepsiCo, Inc.
TABLE 157Key Information - Archer Daniels Midland Company
TABLE 158Key Information - Pyure Brands, LLC
TABLE 159Key Information - Cargill, Incorporated
TABLE 160Key Information --S&W Seed Company
TABLE 161Key Information - Morita Kagaku Kogyo Co., Ltd.
TABLE 162Key Information - Evolva Holdings SA

North America Stevia Market Size, Share & Trends Analysis Report By Distribution Channel, By Form, By End User, By Type, By Country and Growth Forecast, 2024 - 2031