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Africa Stevia Beverages Market By Type (Powder, Liquid, Other), By Application (Soft Drinks, RTD Tea and Coffee, RTD Juice, Sports Drinks, Other Beverages), By Distribution Channel (Ecommerce, Hypermarket and Supermarket, Convenience stores, Independent r

Publisher Allied Market Research
Published Apr 02, 2023
Length 79 Pages
SKU # ALMR18790192

Description

Africa Stevia Beverages Market By Type (Powder, Liquid, Other), By Application (Soft Drinks, RTD Tea and Coffee, RTD Juice, Sports Drinks, Other Beverages), By Distribution Channel (Ecommerce, Hypermarket and Supermarket, Convenience stores, Independent retailers, Others): Opportunity Analysis and Industry Forecast, 2022-2031


Stevia is considered a wholesome alternative to artificial sweeteners. It is the perfect sweetening ingredient for hot and cold beverages, without adding sugars, carbs, calories, or artificial ingredients to any drink recipes. Whether a person is diabetic, on the keto diet or just health conscious, adding stevia to drinks as an alternative to sugar does not have any harmful side effects. With stevia-infused beverages, consumers are presented with an array of options, from powders to liquids, tailored for various applications, and available through diverse distribution channels.

The Africa stevia beverage market growth is driven by several forces, the foremost being the increase in awareness of health and wellness among consumers. This emergent consciousness has initiated a quest for healthier beverage alternatives, thereby boosting the demand for stevia-infused products. Moreover, stevia with its natural sweetener with negligible calories, further fuels this fervor. However, the cost associated with stevia extraction and processing remains a significant challenge. In addition, regulatory hurdles regarding the use of stevia in beverages add to the complexity. Furthermore, the limited consumer awareness and reluctance to embrace a taste that is distinct from traditional sweeteners pose hurdles that require innovative solutions.

On the other hand, within these restraints, there are profound market opportunities. The potential for growth lies in conquering the taste challenge. If stevia beverage manufacturers formulate products that not only match the sweetness but also the taste profile of traditional sugary drinks, they may be able to unlock a vast untapped market. The surge in fitness culture in Africa creates an opportunity for Stevia-sweetened sports drinks and other health-oriented beverages. One prominent trend is the surge in focus on natural and clean-label products. Consumers increasingly demand transparency in ingredient lists, and stevia fits the bill perfectly.

The stevia beverages market is segmented on the basis of type, application, and distribution channel. By type, it is divided into powder, liquid, and other. By application, it is segregated into soft drinks, RTD tea & coffee, RTD juice, sports drinks, and other beverages. According to distribution channel, it is classified into e-commerce, hypermarkets/supermarkets, convenience stores, independent retailers, and others. The market is poised for growth, driven by evolving consumer preferences. A clear trend is the shift toward healthy and natural ingredients, which places stevia in a favorable position. This trend is expected to intensify, heralding a future where stevia-based beverages gain more significant prominence in the market.
Consumer Buying Behavior Analysis
Product Life Cycles
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Per Capita Consumption Trends
Product Consumption Analysis
SWOT Analysis

Key Market Segments

By Type

Powder
Liquid
Other

By Application

Soft Drinks
RTD Tea and Coffee
RTD Juice
Sports Drinks
Other Beverages

By Distribution Channel

Ecommerce
Hypermarket and Supermarket
Convenience stores
Independent retailers
Others

Key Market Players

AfriPura Ventures
African Extracts
Naturavey
Kalahari Strivia
Sweet Buka Ventures(SBV)
OrifExim Strategic Solutions
Genesis Hi-Foods
Eaglesland
Segmarket Group
Eliztonique Farming and Processing Co.

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Table of Contents

79 Pages
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter’s Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: AFRICA STEVIA BEVERAGES MARKET, BY TYPE
4.1. Overview
4.1.1. Market Size and Forecast, By Type
4.2. Powder
4.3. Liquid
4.4. Other
CHAPTER 5: AFRICA STEVIA BEVERAGES MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market Size and Forecast, By Application
5.2. Soft Drinks
5.3. RTD Tea and Coffee
5.4. RTD Juice
5.5. Sports Drinks
5.6. Other Beverages
CHAPTER 6: AFRICA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL
6.1. Overview
6.1.1. Market Size and Forecast, By Distribution Channel
6.2. Ecommerce
6.3. Hypermarket and Supermarket
6.4. Convenience stores
6.5. Independent retailers
6.6. Others
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. AfriPura Ventures
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.1.7. Key strategic moves and developments
8.2. African Extracts
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.2.7. Key strategic moves and developments
8.3. Naturavey
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.3.7. Key strategic moves and developments
8.4. Kalahari Strivia
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments
8.5. Sweet Buka Ventures(SBV)
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.5.7. Key strategic moves and developments
8.6. OrifExim Strategic Solutions
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. Genesis Hi-Foods
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. Eaglesland
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. Segmarket Group
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Business performance
8.9.7. Key strategic moves and developments
8.10. Eliztonique Farming and Processing Co.
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
8.10.7. Key strategic moves and developments
LIST OF TABLES
TABLE 01. AFRICA STEVIA BEVERAGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 02. AFRICA STEVIA BEVERAGES MARKET, BY APPLICATION, 2021-2031 ($MILLION)
TABLE 03. AFRICA STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 ($MILLION)
TABLE 04. AFRIPURA VENTURES: KEY EXECUTIVES
TABLE 05. AFRIPURA VENTURES: COMPANY SNAPSHOT
TABLE 06. AFRIPURA VENTURES: OPERATING SEGMENTS
TABLE 07. AFRIPURA VENTURES: PRODUCT PORTFOLIO
TABLE 08. AFRIPURA VENTURES: KEY STRATERGIES
TABLE 09. AFRICAN EXTRACTS: KEY EXECUTIVES
TABLE 10. AFRICAN EXTRACTS: COMPANY SNAPSHOT
TABLE 11. AFRICAN EXTRACTS: OPERATING SEGMENTS
TABLE 12. AFRICAN EXTRACTS: PRODUCT PORTFOLIO
TABLE 13. AFRICAN EXTRACTS: KEY STRATERGIES
TABLE 14. NATURAVEY: KEY EXECUTIVES
TABLE 15. NATURAVEY: COMPANY SNAPSHOT
TABLE 16. NATURAVEY: OPERATING SEGMENTS
TABLE 17. NATURAVEY: PRODUCT PORTFOLIO
TABLE 18. NATURAVEY: KEY STRATERGIES
TABLE 19. KALAHARI STRIVIA: KEY EXECUTIVES
TABLE 20. KALAHARI STRIVIA: COMPANY SNAPSHOT
TABLE 21. KALAHARI STRIVIA: OPERATING SEGMENTS
TABLE 22. KALAHARI STRIVIA: PRODUCT PORTFOLIO
TABLE 23. KALAHARI STRIVIA: KEY STRATERGIES
TABLE 24. SWEET BUKA VENTURES(SBV): KEY EXECUTIVES
TABLE 25. SWEET BUKA VENTURES(SBV): COMPANY SNAPSHOT
TABLE 26. SWEET BUKA VENTURES(SBV): OPERATING SEGMENTS
TABLE 27. SWEET BUKA VENTURES(SBV): PRODUCT PORTFOLIO
TABLE 28. SWEET BUKA VENTURES(SBV): KEY STRATERGIES
TABLE 29. ORIFEXIM STRATEGIC SOLUTIONS: KEY EXECUTIVES
TABLE 30. ORIFEXIM STRATEGIC SOLUTIONS: COMPANY SNAPSHOT
TABLE 31. ORIFEXIM STRATEGIC SOLUTIONS: OPERATING SEGMENTS
TABLE 32. ORIFEXIM STRATEGIC SOLUTIONS: PRODUCT PORTFOLIO
TABLE 33. ORIFEXIM STRATEGIC SOLUTIONS: KEY STRATERGIES
TABLE 34. GENESIS HI-FOODS: KEY EXECUTIVES
TABLE 35. GENESIS HI-FOODS: COMPANY SNAPSHOT
TABLE 36. GENESIS HI-FOODS: OPERATING SEGMENTS
TABLE 37. GENESIS HI-FOODS: PRODUCT PORTFOLIO
TABLE 38. GENESIS HI-FOODS: KEY STRATERGIES
TABLE 39. EAGLESLAND: KEY EXECUTIVES
TABLE 40. EAGLESLAND: COMPANY SNAPSHOT
TABLE 41. EAGLESLAND: OPERATING SEGMENTS
TABLE 42. EAGLESLAND: PRODUCT PORTFOLIO
TABLE 43. EAGLESLAND: KEY STRATERGIES
TABLE 44. SEGMARKET GROUP: KEY EXECUTIVES
TABLE 45. SEGMARKET GROUP: COMPANY SNAPSHOT
TABLE 46. SEGMARKET GROUP: OPERATING SEGMENTS
TABLE 47. SEGMARKET GROUP: PRODUCT PORTFOLIO
TABLE 48. SEGMARKET GROUP: KEY STRATERGIES
TABLE 49. ELIZTONIQUE FARMING AND PROCESSING CO.: KEY EXECUTIVES
TABLE 50. ELIZTONIQUE FARMING AND PROCESSING CO.: COMPANY SNAPSHOT
TABLE 51. ELIZTONIQUE FARMING AND PROCESSING CO.: OPERATING SEGMENTS
TABLE 52. ELIZTONIQUE FARMING AND PROCESSING CO.: PRODUCT PORTFOLIO
TABLE 53. ELIZTONIQUE FARMING AND PROCESSING CO.: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. AFRICA STEVIA BEVERAGES MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF AFRICA STEVIA BEVERAGES MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN AFRICA STEVIA BEVERAGES MARKET (2022-2031)
FIGURE 04. PORTER FIVE-1
FIGURE 05. PORTER FIVE-2
FIGURE 06. PORTER FIVE-3
FIGURE 07. PORTER FIVE-4
FIGURE 08. PORTER FIVE-5
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: AFRICA STEVIA BEVERAGES MARKET
FIGURE 10. AFRICA STEVIA BEVERAGES MARKET,BY TYPE, 2021 ($MILLION)
FIGURE 11. AFRICA STEVIA BEVERAGES MARKET,BY APPLICATION, 2021 ($MILLION)
FIGURE 12. AFRICA STEVIA BEVERAGES MARKET,BY DISTRIBUTION CHANNEL, 2021 ($MILLION)
FIGURE 13. TOP WINNING STRATEGIES, BY YEAR
FIGURE 14. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 15. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 16. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 17. COMPETITIVE DASHBOARD
FIGURE 18. COMPETITIVE HEATMAP: AFRICA STEVIA BEVERAGES MARKET
FIGURE 19. TOP PLAYER POSITIONING, 2021
FIGURE 20. AFRIPURA VENTURES: NET SALES, 2020-2022* ($MILLION)
FIGURE 21. AFRIPURA VENTURES: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 22. AFRIPURA VENTURES: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 23. AFRICAN EXTRACTS: NET SALES, 2020-2022* ($MILLION)
FIGURE 24. AFRICAN EXTRACTS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 25. AFRICAN EXTRACTS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 26. NATURAVEY: NET SALES, 2020-2022* ($MILLION)
FIGURE 27. NATURAVEY: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 28. NATURAVEY: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 29. KALAHARI STRIVIA: NET SALES, 2020-2022* ($MILLION)
FIGURE 30. KALAHARI STRIVIA: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 31. KALAHARI STRIVIA: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 32. SWEET BUKA VENTURES(SBV): NET SALES, 2020-2022* ($MILLION)
FIGURE 33. SWEET BUKA VENTURES(SBV): REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 34. SWEET BUKA VENTURES(SBV): REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 35. ORIFEXIM STRATEGIC SOLUTIONS: NET SALES, 2020-2022* ($MILLION)
FIGURE 36. ORIFEXIM STRATEGIC SOLUTIONS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 37. ORIFEXIM STRATEGIC SOLUTIONS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 38. GENESIS HI-FOODS: NET SALES, 2020-2022* ($MILLION)
FIGURE 39. GENESIS HI-FOODS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 40. GENESIS HI-FOODS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 41. EAGLESLAND: NET SALES, 2020-2022* ($MILLION)
FIGURE 42. EAGLESLAND: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 43. EAGLESLAND: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 44. SEGMARKET GROUP: NET SALES, 2020-2022* ($MILLION)
FIGURE 45. SEGMARKET GROUP: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 46. SEGMARKET GROUP: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 47. ELIZTONIQUE FARMING AND PROCESSING CO.: NET SALES, 2020-2022* ($MILLION)
FIGURE 48. ELIZTONIQUE FARMING AND PROCESSING CO.: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 49. ELIZTONIQUE FARMING AND PROCESSING CO.: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)

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