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North America Stevia Market Size, Share & Trends Analysis Report By Distribution Channel (Offline, and Online), By Form (Powder, Liquid, and Leaf), By End User (Food & Beverages, Retail, Pharmaceuticals, and Others), By Type, By Country and Growth Forecast, 2024 - 2031

Published Date : 09-May-2024

Pages: 138

Formats: PDF

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.

North America Stevia Market

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.

Free Valuable Insights: The Stevia Market is Predict to reach USD 1.5 Billion by 2031, at a CAGR of 7.8%

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

  • 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 Market, by Distribution Channel
1.4.2 North America Stevia Market, by Form
1.4.3 North America Stevia Market, by End User
1.4.4 North America Stevia Market, by Type
1.4.5 North America Stevia 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’s Five Forces Analysis

Chapter 4. North America Stevia Market by Distribution Channel
4.1 North America Offline Market by Region
4.2 North America Online Market by Region

Chapter 5. North America Stevia Market by Form
5.1 North America Powder Market by Country
5.2 North America Liquid Market by Country
5.3 North America Leaf Market by Country

Chapter 6. North America Stevia Market by End User
6.1 North America Food & Beverages Market by Country
6.2 North America Retail Market by Country
6.3 North America Pharmaceuticals Market by Country
6.4 North America Others Market by Country

Chapter 7. North America Stevia Market by Type
7.1 North America Reb A Market by Country
7.2 North America Reb M Market by Country
7.3 North America Reb D Market by Country

Chapter 8. North America Stevia Market by Country
8.1 US Stevia Market
8.1.1 US Stevia Market by Distribution Channel
8.1.2 US Stevia Market by Form
8.1.3 US Stevia Market by End User
8.1.4 US Stevia Market by Type
8.2 Canada Stevia Market
8.2.1 Canada Stevia Market by Distribution Channel
8.2.2 Canada Stevia Market by Form
8.2.3 Canada Stevia Market by End User
8.2.4 Canada Stevia Market by Type
8.3 Mexico Stevia Market
8.3.1 Mexico Stevia Market by Distribution Channel
8.3.2 Mexico Stevia Market by Form
8.3.3 Mexico Stevia Market by End User
8.3.4 Mexico Stevia Market by Type
8.4 Rest of North America Stevia Market
8.4.1 Rest of North America Stevia Market by Distribution Channel
8.4.2 Rest of North America Stevia Market by Form
8.4.3 Rest of North America Stevia Market by End User
8.4.4 Rest of North America Stevia Market by Type

Chapter 9. Company Profiles
9.1 Ingredion Incorporated
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Tate & Lyle PLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental & Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 The Coca Cola Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 SWOT Analysis
9.4 PepsiCo, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Archer Daniels Midland Company
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.6 Pyure Brands, LLC
9.6.1 Company Overview
9.7 Cargill, Incorporated
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 S&W Seed Company
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.9 Morita Kagaku Kogyo Co., Ltd.
9.9.1 Company Overview
9.10. Evolva Holdings SA
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 North America Stevia Market, 2020 - 2023, USD Million
TABLE 2 North America Stevia Market, 2024 - 2031, USD Million
TABLE 3 North America Stevia Market, 2020 - 2023, Tonnes
TABLE 4 North America Stevia Market, 2024 - 2031, Tonnes
TABLE 5 North America Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 6 North America Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 7 North America Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 8 North America Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 9 North America Offline Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Offline Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Offline Market by Region, 2020 - 2023, Tonnes
TABLE 12 North America Offline Market by Region, 2024 - 2031, Tonnes
TABLE 13 North America Online Market by Region, 2020 - 2023, USD Million
TABLE 14 North America Online Market by Region, 2024 - 2031, USD Million
TABLE 15 North America Online Market by Region, 2020 - 2023, Tonnes
TABLE 16 North America Online Market by Region, 2024 - 2031, Tonnes
TABLE 17 North America Stevia Market by Form, 2020 - 2023, USD Million
TABLE 18 North America Stevia Market by Form, 2024 - 2031, USD Million
TABLE 19 North America Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 20 North America Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 21 North America Powder Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Powder Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Powder Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America Powder Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America Liquid Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Liquid Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Liquid Market by Country, 2020 - 2023, Tonnes
TABLE 28 North America Liquid Market by Country, 2024 - 2031, Tonnes
TABLE 29 North America Leaf Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Leaf Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Leaf Market by Country, 2020 - 2023, Tonnes
TABLE 32 North America Leaf Market by Country, 2024 - 2031, Tonnes
TABLE 33 North America Stevia Market by End User, 2020 - 2023, USD Million
TABLE 34 North America Stevia Market by End User, 2024 - 2031, USD Million
TABLE 35 North America Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 36 North America Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 37 North America Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Food & Beverages Market by Country, 2020 - 2023, Tonnes
TABLE 40 North America Food & Beverages Market by Country, 2024 - 2031, Tonnes
TABLE 41 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Retail Market by Country, 2020 - 2023, Tonnes
TABLE 44 North America Retail Market by Country, 2024 - 2031, Tonnes
TABLE 45 North America Pharmaceuticals Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Pharmaceuticals Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Pharmaceuticals Market by Country, 2020 - 2023, Tonnes
TABLE 48 North America Pharmaceuticals Market by Country, 2024 - 2031, Tonnes
TABLE 49 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Others Market by Country, 2020 - 2023, Tonnes
TABLE 52 North America Others Market by Country, 2024 - 2031, Tonnes
TABLE 53 North America Stevia Market by Type, 2020 - 2023, USD Million
TABLE 54 North America Stevia Market by Type, 2024 - 2031, USD Million
TABLE 55 North America Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 56 North America Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 57 North America Reb A Market by Country, 2020 - 2023, USD Million
TABLE 58 North America Reb A Market by Country, 2024 - 2031, USD Million
TABLE 59 North America Reb A Market by Country, 2020 - 2023, Tonnes
TABLE 60 North America Reb A Market by Country, 2024 - 2031, Tonnes
TABLE 61 North America Reb M Market by Country, 2020 - 2023, USD Million
TABLE 62 North America Reb M Market by Country, 2024 - 2031, USD Million
TABLE 63 North America Reb M Market by Country, 2020 - 2023, Tonnes
TABLE 64 North America Reb M Market by Country, 2024 - 2031, Tonnes
TABLE 65 North America Reb D Market by Country, 2020 - 2023, USD Million
TABLE 66 North America Reb D Market by Country, 2024 - 2031, USD Million
TABLE 67 North America Reb D Market by Country, 2020 - 2023, Tonnes
TABLE 68 North America Reb D Market by Country, 2024 - 2031, Tonnes
TABLE 69 North America Stevia Market by Country, 2020 - 2023, USD Million
TABLE 70 North America Stevia Market by Country, 2024 - 2031, USD Million
TABLE 71 North America Stevia Market by Country, 2020 - 2023, Tonnes
TABLE 72 North America Stevia Market by Country, 2024 - 2031, Tonnes
TABLE 73 US Stevia Market, 2020 - 2023, USD Million
TABLE 74 US Stevia Market, 2024 - 2031, USD Million
TABLE 75 US Stevia Market, 2020 - 2023, Tonnes
TABLE 76 US Stevia Market, 2024 - 2031, Tonnes
TABLE 77 US Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 US Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 US Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 80 US Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 81 US Stevia Market by Form, 2020 - 2023, USD Million
TABLE 82 US Stevia Market by Form, 2024 - 2031, USD Million
TABLE 83 US Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 84 US Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 85 US Stevia Market by End User, 2020 - 2023, USD Million
TABLE 86 US Stevia Market by End User, 2024 - 2031, USD Million
TABLE 87 US Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 88 US Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 89 US Stevia Market by Type, 2020 - 2023, USD Million
TABLE 90 US Stevia Market by Type, 2024 - 2031, USD Million
TABLE 91 US Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 92 US Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 93 Canada Stevia Market, 2020 - 2023, USD Million
TABLE 94 Canada Stevia Market, 2024 - 2031, USD Million
TABLE 95 Canada Stevia Market, 2020 - 2023, Tonnes
TABLE 96 Canada Stevia Market, 2024 - 2031, Tonnes
TABLE 97 Canada Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98 Canada Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99 Canada Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 100 Canada Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 101 Canada Stevia Market by Form, 2020 - 2023, USD Million
TABLE 102 Canada Stevia Market by Form, 2024 - 2031, USD Million
TABLE 103 Canada Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 104 Canada Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 105 Canada Stevia Market by End User, 2020 - 2023, USD Million
TABLE 106 Canada Stevia Market by End User, 2024 - 2031, USD Million
TABLE 107 Canada Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 108 Canada Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 109 Canada Stevia Market by Type, 2020 - 2023, USD Million
TABLE 110 Canada Stevia Market by Type, 2024 - 2031, USD Million
TABLE 111 Canada Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 112 Canada Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 113 Mexico Stevia Market, 2020 - 2023, USD Million
TABLE 114 Mexico Stevia Market, 2024 - 2031, USD Million
TABLE 115 Mexico Stevia Market, 2020 - 2023, Tonnes
TABLE 116 Mexico Stevia Market, 2024 - 2031, Tonnes
TABLE 117 Mexico Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 118 Mexico Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 119 Mexico Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 120 Mexico Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 121 Mexico Stevia Market by Form, 2020 - 2023, USD Million
TABLE 122 Mexico Stevia Market by Form, 2024 - 2031, USD Million
TABLE 123 Mexico Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 124 Mexico Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 125 Mexico Stevia Market by End User, 2020 - 2023, USD Million
TABLE 126 Mexico Stevia Market by End User, 2024 - 2031, USD Million
TABLE 127 Mexico Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 128 Mexico Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 129 Mexico Stevia Market by Type, 2020 - 2023, USD Million
TABLE 130 Mexico Stevia Market by Type, 2024 - 2031, USD Million
TABLE 131 Mexico Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 132 Mexico Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 133 Rest of North America Stevia Market, 2020 - 2023, USD Million
TABLE 134 Rest of North America Stevia Market, 2024 - 2031, USD Million
TABLE 135 Rest of North America Stevia Market, 2020 - 2023, Tonnes
TABLE 136 Rest of North America Stevia Market, 2024 - 2031, Tonnes
TABLE 137 Rest of North America Stevia Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 138 Rest of North America Stevia Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 139 Rest of North America Stevia Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 140 Rest of North America Stevia Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 141 Rest of North America Stevia Market by Form, 2020 - 2023, USD Million
TABLE 142 Rest of North America Stevia Market by Form, 2024 - 2031, USD Million
TABLE 143 Rest of North America Stevia Market by Form, 2020 - 2023, Tonnes
TABLE 144 Rest of North America Stevia Market by Form, 2024 - 2031, Tonnes
TABLE 145 Rest of North America Stevia Market by End User, 2020 - 2023, USD Million
TABLE 146 Rest of North America Stevia Market by End User, 2024 - 2031, USD Million
TABLE 147 Rest of North America Stevia Market by End User, 2020 - 2023, Tonnes
TABLE 148 Rest of North America Stevia Market by End User, 2024 - 2031, Tonnes
TABLE 149 Rest of North America Stevia Market by Type, 2020 - 2023, USD Million
TABLE 150 Rest of North America Stevia Market by Type, 2024 - 2031, USD Million
TABLE 151 Rest of North America Stevia Market by Type, 2020 - 2023, Tonnes
TABLE 152 Rest of North America Stevia Market by Type, 2024 - 2031, Tonnes
TABLE 153 Key Information – Ingredion Incorporated
TABLE 154 Key Information – Tate & Lyle PLC
TABLE 155 Key Information – The Coca Cola Company
TABLE 156 Key Information – PepsiCo, Inc.
TABLE 157 Key Information – Archer Daniels Midland Company
TABLE 158 Key Information – Pyure Brands, LLC
TABLE 159 Key Information – Cargill, Incorporated
TABLE 160 Key Information –-S&W Seed Company
TABLE 161 Key Information – Morita Kagaku Kogyo Co., Ltd.
TABLE 162 Key Information – Evolva Holdings SA

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Stevia Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Stevia Market
FIG 4 Porter’s Five Forces Analysis – Stevia Market
FIG 5 North America Stevia Market share by Distribution Channel, 2023
FIG 6 North America Stevia Market share by Distribution Channel, 2031
FIG 7 North America Stevia Market by Distribution Channel, 2020 - 2031, USD Million
FIG 8 North America Stevia Market share by Form, 2023
FIG 9 North America Stevia Market share by Form, 2031
FIG 10 North America Stevia Market by Form, 2020 - 2031, USD Million
FIG 11 North America Stevia Market share by End User, 2023
FIG 12 North America Stevia Market share by End User, 2031
FIG 13 North America Stevia Market by End User, 2020 - 2031, USD Million
FIG 14 North America Stevia Market share by Type, 2023
FIG 15 North America Stevia Market share by Type, 2031
FIG 16 North America Stevia Market by Type, 2020 - 2031, USD Million
FIG 17 North America Stevia Market share by Country, 2023
FIG 18 North America Stevia Market share by Country, 2031
FIG 19 North America Stevia Market by Country, 2020 - 2031, USD Million
FIG 20 Recent strategies and developments: Ingredion Incorporated
FIG 21 SWOT Analysis: Ingredion Incorporated
FIG 22 Recent strategies and developments: Tate & Lyle Plc
FIG 23 Swot Analysis: Tate & Lyle PLC
FIG 24 SWOT Analysis: The Coca Cola Company
FIG 25 Swot Analysis: PepsiCo, Inc.
FIG 26 SWOT Analysis: Archer Daniels Midland Company
FIG 27 SWOT Analysis: Cargill, Incorporated
FIG 28 SWOT Analysis: S&W Seed Company
FIG 29 SWOT Analysis: Morita Kagaku Kogyo Co., Ltd.
FIG 30 SWOT Analysis: Evolva Holding SA

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