Stevia Market Size and Share Forecast Outlook From 2023 to 2033

Increasing demand for a non-calorie sweetener among diabetes and high blood pressure patients is driving the adoption of stevia. Patients prefer stevia as a substitute for sugar, which helps them manage obesity and other complications, fueling the industry in Japan. Demand for stevia in Japan is estimated to be valued at USD 18.6 million in 2023 and is expected to reach up to USD 19.1 million by 2033, with a projected CAGR of 8.3% during the forecast period.

Consumers are increasingly seeking stevia to improve their health and digestive systems, incorporating stevia products into their daily dietary supplements in Japan. The rising demand for natural sweeteners and stevia-based products enhances consumers' taste preferences and advances Japan's stevia industry.

Attributes Details
Industry Size of Japan in 2023 USD 18.6 million
Expected Industry Size of Japan by 2033 USD 19.1 million
Forecasted CAGR between 2023 to 2033 8.3%

Lucrative Opportunities Driving Demand Growth in the Stevia Market

Increasing demand for vegan, sugar-free, and high-quality diets among consumers is driving the stevia adoption in Japan. The growing preference for stevia to enhance weight management, promote health, and reduce health conditions contributes to Japan's revenue growth.

The rising wellness trends and the adoption of non-toxic stevia are capturing consumers' attention towards healthier lifestyles, propelling Japan's industry. The food & beverage sector is increasingly incorporating stevia leaf into their meals to enhance consumers' taste and maintain their digestive systems. Key companies are offering organic stevia to bring a natural flavor and taste to consumers' meals, contributing to the growth of Japan's industry share.

Top Stevia Market Dynamics and Industry Trends

  • Rising consumer concerns toward health are driving the demand for low-calorie food, natural sweeteners, and better supplements, which is surging the adoption of stevia. The increasing adoption of stevia-based products and eco-friendly stevia as a healthier substitute than other sweeteners is shaping industry trends in Japan.
  • Key companies offering high standards and premium quality stevia products, along with clean-label items, significantly drive the industry in Japan. Manufacturers are increasingly adopting stevia for healthy and non-alcoholic beverages with quality taste in Japan's food & beverages sector. The growing popularity of stevia tea is leading to an increased adoption of natural stevia products among end users.
  • The rising demand for organic sweeteners during cultural ceremonies and for medical purposes is contributing to Japan's industry share. Growing awareness and consumer education about the benefits of stevia leaf through various initiatives and programs are contributing to substantial revenue capture in Japan. Key players developing allergy-free products, along with nutritional stevia-labeled items, are gaining widespread acceptance among consumers.

Stevia Industry Analysis by Top Investment Segments

Powder Extract Enhances Consumers' Taste and Reduces Obesity

Based on form, powder extract is likely to lead the Japanese industry by contributing a share of 74.40% in 2023. Manufacturers develop diverse forms of stevia, including liquid, powder, and granules. Increasing consumer preferences towards natural and sustainable products are driving the adoption of stevia powder. Changing lifestyles, busy schedules, and the preference for easy-to-cook food are contributing to the increased adoption of stevia powder in Japan.

Other stevia forms, such as liquid and granules, are also gaining vast popularity among consumers in Japan. Liquid stevia is highly preferred among end users for making natural and soft drinks, non-alcoholic beverages, and tea, capturing significant revenue in the country. The rising demand for granule stevia is widely preferred among fitness-conscious consumers as a dietary supplement to maintain natural sweetness and boost the immune system.

Conventional Stevia is Highly Sought-after in Japan

Based on product type, conventional stevia is estimated to dominate by capturing a share of 73.50% in 2023. Increasing consumer demand for natural and traditional stevia is driving the adoption of conventional stevia in Japan. Manufacturers present various conventional stevia products widely used for baking and cooking to enhance the taste profile and offer exotic flavors.

The rising adoption of sustainable and clean-label stevia products is increasing the demand for conventional products in Japan. The popularity of herbal tea, due to its natural sweeteners and taste, is contributing to the adoption of conventional stevia among consumers in Japan. End users are choosing this stevia for exotic dishes, promoting healthy natural ingredients, and enhancing sustainability to reduce carbon footprints.

Leading Suppliers of Stevia in Japan

The industry landscape of stevia in Japan is highly consolidated among crucial players who significantly develop organic, plant-based, and natural products to attract fitness-conscious consumers. These players focus on promoting healthy lifestyles among consumers through innovative products by investing in research and development activities. They adopt several tactics to fuel Japan's industry, including collaborations, agreements, and mergers.

Recent Developments in Japan Stevia Industry

  • In 2022, Sweegen launched its new product, liquid stevia. This product is widely used for beverages, non-alcoholic drinks, and stevia tea.
  • In 2022, Cargill announced the launch of its new product with ClearFlo technology. The newly launched stevia product enhances consumers' desire with stable taste and formulations that replace toxic and artificial sweeteners.
  • In 2021, Layn invested USD 148 million to develop its new manufacturing plant for stevia. The company enhance their production by processing 4,000 tons of stevia extracts yearly.

Key Shifting Preferences Covered in Stevia Market Report

Attributes Details
Estimated Industry Size in 2023 USD 18.6 million
Projected Industry Valuation by 2033 USD 19.1 million
Value-based CAGR 2023 to 2033 8.3%
Historical Analysis of Stevia in Japan 2018 to 2022
Demand Forecast for Stevia in Japan 2023 to 2033
Report Coverage Industry Size, Industry Trends, Analysis of key factors influencing Stevia in Japan Insights on Global Players and their Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Providers
Key Cities Analyzed While Studying Opportunities in Stevia in Japan Kanto, Chubu, Kinki, Kyushu and Okinawa, Tohoku, Rest of Japan
Key Companies Profiled Cargill Incorporated; Ingredion Incorporated; Koninklijke DSM NV; Tate and Lyle Plc.; Sunwin Stevia International, Inc.; GLG Life Tech Corp; Evolva Holding SA Nemours & Co; Archer Daniels Midland Company; Stevia Nutra Corp.

Top Segments Studied in the Stevia Market Report

By Nature:

  • Organic Stevia
  • Conventional Stevia

By Type:

  • Liquid Extract
    • Clear
    • Dark
  • Powder Extract
    • Stevia Blends
    • Glycoside (40%-79%)
    • Glycoside (80% and above)
  • Stevia Leaves

By Application:

  • Dairy Food Products
  • Bakery Products
  • Beverages
  • Packaged Food Products
  • Dietary Supplements
  • Confectionery Products
  • Snacks
  • Table Top Sweeteners
  • Others (Electrolyte Mixes and Medicinal Formulations)

By City:

  • Kanto
  • Chubu
  • Kinki
  • Kyushu and Okinawa
  • Tohoku
  • Rest of Japan

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Extract
    • 5.1. Liquid
      • 5.1.1. Clear
      • 5.1.2. Dark
    • 5.2. Powdered
      • 5.2.1. Blends
      • 5.2.2. Sweet Glycosides (40-50%)
      • 5.2.3. Sweet Glycosides (80-95%)
    • 5.3. Leaves
  • 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End-use Industry
    • 6.1. Dairy Foods
      • 6.1.1. Ice cream
      • 6.1.2. Yogurt
      • 6.1.3. Flavoured Milk
    • 6.2. Packaged Food
      • 6.2.1. Pickle
      • 6.2.2. Jam
      • 6.2.3. Sauce
      • 6.2.4. Nutritional products
      • 6.2.5. Chilled
      • 6.2.6. Frozen
    • 6.3. Beverages
      • 6.3.1. Energy Drinks
      • 6.3.2. Soft Drinks
      • 6.3.3. Hot Drinks
      • 6.3.4. Flavoured Drinks
      • 6.3.5. Naturally sweetened water
    • 6.4. Bakery
      • 6.4.1. Bread & Roll
      • 6.4.2. Biscuit
      • 6.4.3. Cakes
      • 6.4.4. Others
    • 6.5. Dietary Supplements
    • 6.6. Confectionary
    • 6.7. Snacks
      • 6.7.1. Potato Chips
      • 6.7.2. Processed Snacks
      • 6.7.3. Others
    • 6.8. Table Top Sweeteners
    • 6.9. Others
  • 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 7.1. Kanto
    • 7.2. Chubu
    • 7.3. Kinki
    • 7.4. Kyushu & Okinawa
    • 7.5. Tohoku
    • 7.6. Rest of Japan
  • 8. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 9. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 10. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 11. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 12. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 14. Market Structure Analysis
  • 15. Competition Analysis
    • 15.1. Morita Kagaku Kogyo Co., Ltd.
    • 15.2. Nippon Paper Group
    • 15.3. Toyo Sugar Refining Co., Ltd.
    • 15.4. Cargill Incorporated
    • 15.5. Ingredion Incorporated
    • 15.6. Koninklijke DSM NV
    • 15.7. Tate and Lyle Plc.
    • 15.8. Sunwin International, Inc.
    • 15.9. GLG Life Tech Corp
    • 15.10. Evolva Holding SA Nemours & Co
    • 15.11. Archer Daniels Midland Company
  • 16. Assumptions & Acronyms Used
  • 17. Research Methodology

List of Tables

Table 1: Industry Analysis and Outlook Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Industry Analysis and Outlook Volume (Tons) Forecast by Region, 2018 to 2033

Table 3: Industry Analysis and Outlook Value (US$ Million) Forecast by Extract, 2018 to 2033

Table 4: Industry Analysis and Outlook Volume (Tons) Forecast by Extract, 2018 to 2033

Table 5: Industry Analysis and Outlook Value (US$ Million) Forecast by End-use Industry, 2018 to 2033

Table 6: Industry Analysis and Outlook Volume (Tons) Forecast by End-use Industry, 2018 to 2033

Table 7: Kanto Industry Analysis and Outlook Value (US$ Million) Forecast by Extract, 2018 to 2033

Table 8: Kanto Industry Analysis and Outlook Volume (Tons) Forecast by Extract, 2018 to 2033

Table 9: Kanto Industry Analysis and Outlook Value (US$ Million) Forecast by End-use Industry, 2018 to 2033

Table 10: Kanto Industry Analysis and Outlook Volume (Tons) Forecast by End-use Industry, 2018 to 2033

Table 11: Chubu Industry Analysis and Outlook Value (US$ Million) Forecast by Extract, 2018 to 2033

Table 12: Chubu Industry Analysis and Outlook Volume (Tons) Forecast by Extract, 2018 to 2033

Table 13: Chubu Industry Analysis and Outlook Value (US$ Million) Forecast by End-use Industry, 2018 to 2033

Table 14: Chubu Industry Analysis and Outlook Volume (Tons) Forecast by End-use Industry, 2018 to 2033

Table 15: Kinki Industry Analysis and Outlook Value (US$ Million) Forecast by Extract, 2018 to 2033

Table 16: Kinki Industry Analysis and Outlook Volume (Tons) Forecast by Extract, 2018 to 2033

Table 17: Kinki Industry Analysis and Outlook Value (US$ Million) Forecast by End-use Industry, 2018 to 2033

Table 18: Kinki Industry Analysis and Outlook Volume (Tons) Forecast by End-use Industry, 2018 to 2033

Table 19: Kyushu & Okinawa Industry Analysis and Outlook Value (US$ Million) Forecast by Extract, 2018 to 2033

Table 20: Kyushu & Okinawa Industry Analysis and Outlook Volume (Tons) Forecast by Extract, 2018 to 2033

Table 21: Kyushu & Okinawa Industry Analysis and Outlook Value (US$ Million) Forecast by End-use Industry, 2018 to 2033

Table 22: Kyushu & Okinawa Industry Analysis and Outlook Volume (Tons) Forecast by End-use Industry, 2018 to 2033

List of Figures

Figure 1: Industry Analysis and Outlook Value (US$ Million) by Extract, 2023 to 2033

Figure 2: Industry Analysis and Outlook Value (US$ Million) by End-use Industry, 2023 to 2033

Figure 3: Industry Analysis and Outlook Value (US$ Million) by Region, 2023 to 2033

Figure 4: Industry Analysis and Outlook Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Industry Analysis and Outlook Volume (Tons) Analysis by Region, 2018 to 2033

Figure 6: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Industry Analysis and Outlook Value (US$ Million) Analysis by Extract, 2018 to 2033

Figure 9: Industry Analysis and Outlook Volume (Tons) Analysis by Extract, 2018 to 2033

Figure 10: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Extract, 2023 to 2033

Figure 11: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Extract, 2023 to 2033

Figure 12: Industry Analysis and Outlook Value (US$ Million) Analysis by End-use Industry, 2018 to 2033

Figure 13: Industry Analysis and Outlook Volume (Tons) Analysis by End-use Industry, 2018 to 2033

Figure 14: Industry Analysis and Outlook Value Share (%) and BPS Analysis by End-use Industry, 2023 to 2033

Figure 15: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End-use Industry, 2023 to 2033

Figure 16: Industry Analysis and Outlook Attractiveness by Extract, 2023 to 2033

Figure 17: Industry Analysis and Outlook Attractiveness by End-use Industry, 2023 to 2033

Figure 18: Industry Analysis and Outlook Attractiveness by Region, 2023 to 2033

Figure 19: Kanto Industry Analysis and Outlook Value (US$ Million) by Extract, 2023 to 2033

Figure 20: Kanto Industry Analysis and Outlook Value (US$ Million) by End-use Industry, 2023 to 2033

Figure 21: Kanto Industry Analysis and Outlook Value (US$ Million) Analysis by Extract, 2018 to 2033

Figure 22: Kanto Industry Analysis and Outlook Volume (Tons) Analysis by Extract, 2018 to 2033

Figure 23: Kanto Industry Analysis and Outlook Value Share (%) and BPS Analysis by Extract, 2023 to 2033

Figure 24: Kanto Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Extract, 2023 to 2033

Figure 25: Kanto Industry Analysis and Outlook Value (US$ Million) Analysis by End-use Industry, 2018 to 2033

Figure 26: Kanto Industry Analysis and Outlook Volume (Tons) Analysis by End-use Industry, 2018 to 2033

Figure 27: Kanto Industry Analysis and Outlook Value Share (%) and BPS Analysis by End-use Industry, 2023 to 2033

Figure 28: Kanto Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End-use Industry, 2023 to 2033

Figure 29: Kanto Industry Analysis and Outlook Attractiveness by Extract, 2023 to 2033

Figure 30: Kanto Industry Analysis and Outlook Attractiveness by End-use Industry, 2023 to 2033

Figure 31: Chubu Industry Analysis and Outlook Value (US$ Million) by Extract, 2023 to 2033

Figure 32: Chubu Industry Analysis and Outlook Value (US$ Million) by End-use Industry, 2023 to 2033

Figure 33: Chubu Industry Analysis and Outlook Value (US$ Million) Analysis by Extract, 2018 to 2033

Figure 34: Chubu Industry Analysis and Outlook Volume (Tons) Analysis by Extract, 2018 to 2033

Figure 35: Chubu Industry Analysis and Outlook Value Share (%) and BPS Analysis by Extract, 2023 to 2033

Figure 36: Chubu Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Extract, 2023 to 2033

Figure 37: Chubu Industry Analysis and Outlook Value (US$ Million) Analysis by End-use Industry, 2018 to 2033

Figure 38: Chubu Industry Analysis and Outlook Volume (Tons) Analysis by End-use Industry, 2018 to 2033

Figure 39: Chubu Industry Analysis and Outlook Value Share (%) and BPS Analysis by End-use Industry, 2023 to 2033

Figure 40: Chubu Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End-use Industry, 2023 to 2033

Figure 41: Chubu Industry Analysis and Outlook Attractiveness by Extract, 2023 to 2033

Figure 42: Chubu Industry Analysis and Outlook Attractiveness by End-use Industry, 2023 to 2033

Figure 43: Kinki Industry Analysis and Outlook Value (US$ Million) by Extract, 2023 to 2033

Figure 44: Kinki Industry Analysis and Outlook Value (US$ Million) by End-use Industry, 2023 to 2033

Figure 45: Kinki Industry Analysis and Outlook Value (US$ Million) Analysis by Extract, 2018 to 2033

Figure 46: Kinki Industry Analysis and Outlook Volume (Tons) Analysis by Extract, 2018 to 2033

Figure 47: Kinki Industry Analysis and Outlook Value Share (%) and BPS Analysis by Extract, 2023 to 2033

Figure 48: Kinki Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Extract, 2023 to 2033

Figure 49: Kinki Industry Analysis and Outlook Value (US$ Million) Analysis by End-use Industry, 2018 to 2033

Figure 50: Kinki Industry Analysis and Outlook Volume (Tons) Analysis by End-use Industry, 2018 to 2033

Figure 51: Kinki Industry Analysis and Outlook Value Share (%) and BPS Analysis by End-use Industry, 2023 to 2033

Figure 52: Kinki Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End-use Industry, 2023 to 2033

Figure 53: Kinki Industry Analysis and Outlook Attractiveness by Extract, 2023 to 2033

Figure 54: Kinki Industry Analysis and Outlook Attractiveness by End-use Industry, 2023 to 2033

Figure 55: Kyushu & Okinawa Industry Analysis and Outlook Value (US$ Million) by Extract, 2023 to 2033

Figure 56: Kyushu & Okinawa Industry Analysis and Outlook Value (US$ Million) by End-use Industry, 2023 to 2033

Figure 57: Kyushu & Okinawa Industry Analysis and Outlook Value (US$ Million) Analysis by Extract, 2018 to 2033

Figure 58: Kyushu & Okinawa Industry Analysis and Outlook Volume (Tons) Analysis by Extract, 2018 to 2033

Figure 59: Kyushu & Okinawa Industry Analysis and Outlook Value Share (%) and BPS Analysis by Extract, 2023 to 2033

Figure 60: Kyushu & Okinawa Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Extract, 2023 to 2033

Figure 61: Kyushu & Okinawa Industry Analysis and Outlook Value (US$ Million) Analysis by End-use Industry, 2018 to 2033

Figure 62: Kyushu & Okinawa Industry Analysis and Outlook Volume (Tons) Analysis by End-use Industry, 2018 to 2033

Figure 63: Kyushu & Okinawa Industry Analysis and Outlook Value Share (%) and BPS Analysis by End-use Industry, 2023 to 2033

Figure 64: Kyushu & Okinawa Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End-use Industry, 2023 to 2033

Figure 65: Kyushu & Okinawa Industry Analysis and Outlook Attractiveness by Extract, 2023 to 2033

Figure 66: Kyushu & Okinawa Industry Analysis and Outlook Attractiveness by End-use Industry, 2023 to 2033

Figure 67: Tohoku Industry Analysis and Outlook Value (US$ Million) by Extract, 2023 to 2033

Figure 68: Tohoku Industry Analysis and Outlook Value (US$ Million) by End-use Industry, 2023 to 2033

Figure 69: Tohoku Industry Analysis and Outlook Value (US$ Million) Analysis by Extract, 2018 to 2033

Figure 70: Tohoku Industry Analysis and Outlook Volume (Tons) Analysis by Extract, 2018 to 2033

Figure 71: Tohoku Industry Analysis and Outlook Value Share (%) and BPS Analysis by Extract, 2023 to 2033

Figure 72: Tohoku Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Extract, 2023 to 2033

Figure 73: Tohoku Industry Analysis and Outlook Value (US$ Million) Analysis by End-use Industry, 2018 to 2033

Figure 74: Tohoku Industry Analysis and Outlook Volume (Tons) Analysis by End-use Industry, 2018 to 2033

Figure 75: Tohoku Industry Analysis and Outlook Value Share (%) and BPS Analysis by End-use Industry, 2023 to 2033

Figure 76: Tohoku Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End-use Industry, 2023 to 2033

Figure 77: Tohoku Industry Analysis and Outlook Attractiveness by Extract, 2023 to 2033

Figure 78: Tohoku Industry Analysis and Outlook Attractiveness by End-use Industry, 2023 to 2033

Figure 79: Rest of Industry Analysis and Outlook Value (US$ Million) by Extract, 2023 to 2033

Figure 80: Rest of Industry Analysis and Outlook Value (US$ Million) by End-use Industry, 2023 to 2033

Figure 81: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Extract, 2018 to 2033

Figure 82: Rest of Industry Analysis and Outlook Volume (Tons) Analysis by Extract, 2018 to 2033

Figure 83: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Extract, 2023 to 2033

Figure 84: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Extract, 2023 to 2033

Figure 85: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by End-use Industry, 2018 to 2033

Figure 86: Rest of Industry Analysis and Outlook Volume (Tons) Analysis by End-use Industry, 2018 to 2033

Figure 87: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by End-use Industry, 2023 to 2033

Figure 88: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End-use Industry, 2023 to 2033

Figure 89: Rest of Industry Analysis and Outlook Attractiveness by Extract, 2023 to 2033

Figure 90: Rest of Industry Analysis and Outlook Attractiveness by End-use Industry, 2023 to 2033

Frequently Asked Questions

What is the Industry Size for Stevia in Japan?

The sales of stevia in Japan are valued at USD 18.6 million in 2023.

What is the Future Outlook of Stevia Adoption in Japan?

The adoption of stevia in Japan is likely to surpass USD 19.1 million by 2033.

What is the Anticipated Growth Rate of Stevia in Japan?

The demand for stevia in Japan is likely to rise at a CAGR of 8.3% from 2023 to 2033.

How are Companies in Japan Stevia Industry Operating?

Companies in Japan's stevia industry are innovating, collaborating, and expanding to meet consumer demands.

Which City in Japan Demonstrate the Maximum Demand for Stevia in 2023?

Tokyo witnesses rapid growth in stevia demand as of 2023.

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