On the contrary, diversification of stevia-based beverages, such as powders, liquids, and other innovative formulations is expected to open new avenues for market growth. Moreover, the integration of stevia in various drinks, such as ready-to-drink (RTD) tea & coffee, RTD juices, and sports drinks offer lucrative opportunities for market growth. Furthermore, the growth of the e-commerce sector opens new avenues for market growth.
The China stevia beverages market is segmented into type, application, and distribution channel. On the basis of type, the market is categorized into powder, liquid, and other. As per application, it is classified into soft drinks, RTD tea & coffee, RTD juice, sports drinks, and other beverages. By distribution channel, it is fragmented into ecommerce, hypermarket & supermarket, convenience stores, independent retailers, and others.
Moreover, companies are investing in R&D to create stevia-based beverages that not only taste great but also offer functional benefits. Furthermore, rise in awareness of the health risks associated with sugar consumption has led to consumers adopting natural alternatives, such as stevia. In addition, companies are experimenting with different pricing strategies to find a balance between affordability and quality.
The key players operating in the China stevia beverages market include Coca-Cola, PepsiCo, Nestlé, Danone, China Mengniu Dairy Company, Wahaha, Uni-President, JDB Group, Vitasoy International Holdings, and Hangzhou Wahaha Group.
Key Benefits For Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in china stevia beverages market.
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- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the china stevia beverages market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
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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
- NongShim Holding Co. Ltd.
- Shanghai Babylon Limited
- Beijing C&W Spice and Tea Co. Ltd.
- Bright Food (Group) Company Ltd.
- Kweichow Moutai Co. Ltd.
- Hangzhou Wahaha Group Co. Ltd.
- Nestlé (China) Ltd.
- Budweiser Brewing Company APAC Ltd.
- Hangzhou-based Joylay Natural Beverage Co. Ltd.
- Baiyun Mountain Health Industry Holding Co. Ltd.
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Table of Contents
Companies Mentioned
- NongShim Holding Co. Ltd.
- Shanghai Babylon Limited
- Beijing C&W Spice and Tea Co. Ltd.
- Bright Food (Group) Company Ltd.
- Kweichow Moutai Co. Ltd.
- Hangzhou Wahaha Group Co. Ltd.
- Nestlé (China) Ltd.
- Budweiser Brewing Company APAC Ltd.
- Hangzhou-based Joylay Natural Beverage Co. Ltd.
- Baiyun Mountain Health Industry Holding Co. Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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