The Japan stevia beverages market has been witnessing significant growth during the forecast period, owing to rise in health consciousness among Japanese consumers. Moreover, as individuals seek alternatives stevia, a natural, low-calorie sweetener, offers promising solutions for the market. Furthermore, the global trend of reducing sugar intake aligns with Japan's cultural inclination toward subtlety and moderation, making stevia an ideal sweetening option. The Japanese government's initiatives to promote healthy eating is a factor driving the market growth.
However, the traditional preference for sugar in Japanese cuisine is one of the key factors restraining the market growth. In addition, high cost of stevia-based products in comparison to artificial sweeteners is a key factor restraining the Japan stevia beverages market.
On the contrary, the diversification of product types is a key factor driving the market growth. Moreover, stevia beverages are available in various types such as powder and liquid. Furthermore, stevia, a natural sweetener, is now gaining traction in the ready-to-drink (RTD) tea and coffee, RTD juice, and sports drinks segments. This expansion of stevia’s usage not only broadens the market’s scope but also presents numerous untapped opportunities.
The Japan 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.
In addition, e-commerce has emerged as a powerful force, capitalizing on the convenience & accessibility it offers. Moreover, hypermarkets & supermarkets, as prominent players in the distribution landscape, open new avenues for market growth. Furthermore, convenience stores and independent retailers cater to a diverse consumer base.
The Japan stevia market is anticipated to witness considerable growth, owing to evolving consumer preferences, technological advancements, and innovative marketing strategies. In addition, the demand for stevia beverages is expected to witness a notable growth in the coming years.
Moreover, soft drinks are expected to maintain their market dominance, while ready-to-drink (RTD) tea & coffee segment is poised for a significant breakthrough. Health-conscious consumers in Japan are increasingly embracing these beverages, creating lucrative opportunities for market growth. In addition, RTD juice and sports drinks show promising potential, especially as manufacturers explore innovative flavors that cate to the discerning preferences of the consumers.
Furthermore, market players prioritize understanding consumer preferences and addressing their concerns. It is not only about providing healthier alternatives but also about providing a beverage experience that delights the sense. In addition, manufacturers are actively exploring different pricing approaches to enhance product accessibility for a wider consumer base. They are ensuring that they are achieving the right balance between affordability and premium positioning.
A SWOT analysis of the Japan stevia beverages market includes strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal factors, whereas opportunities and threats are external. Moreover, by evaluating these factors, companies devise strategies that capitalize on their strengths, mitigate their weaknesses, seize opportunities, and defend against threats.
The key players operating in the Japan stevia beverages market include Coca-Cola Japan, Kirin Holdings Company Limited, Suntory Holdings Limited, PepsiCo Japan Co., Ltd., Asahi Group Holdings, Ltd., ITO EN, LTD., Otsuka Holdings Co., Ltd., DyDo Group Holdings, Inc., Calbee, Inc., and Sapporo Holdings Ltd.
However, the traditional preference for sugar in Japanese cuisine is one of the key factors restraining the market growth. In addition, high cost of stevia-based products in comparison to artificial sweeteners is a key factor restraining the Japan stevia beverages market.
On the contrary, the diversification of product types is a key factor driving the market growth. Moreover, stevia beverages are available in various types such as powder and liquid. Furthermore, stevia, a natural sweetener, is now gaining traction in the ready-to-drink (RTD) tea and coffee, RTD juice, and sports drinks segments. This expansion of stevia’s usage not only broadens the market’s scope but also presents numerous untapped opportunities.
The Japan 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.
In addition, e-commerce has emerged as a powerful force, capitalizing on the convenience & accessibility it offers. Moreover, hypermarkets & supermarkets, as prominent players in the distribution landscape, open new avenues for market growth. Furthermore, convenience stores and independent retailers cater to a diverse consumer base.
The Japan stevia market is anticipated to witness considerable growth, owing to evolving consumer preferences, technological advancements, and innovative marketing strategies. In addition, the demand for stevia beverages is expected to witness a notable growth in the coming years.
Moreover, soft drinks are expected to maintain their market dominance, while ready-to-drink (RTD) tea & coffee segment is poised for a significant breakthrough. Health-conscious consumers in Japan are increasingly embracing these beverages, creating lucrative opportunities for market growth. In addition, RTD juice and sports drinks show promising potential, especially as manufacturers explore innovative flavors that cate to the discerning preferences of the consumers.
Furthermore, market players prioritize understanding consumer preferences and addressing their concerns. It is not only about providing healthier alternatives but also about providing a beverage experience that delights the sense. In addition, manufacturers are actively exploring different pricing approaches to enhance product accessibility for a wider consumer base. They are ensuring that they are achieving the right balance between affordability and premium positioning.
A SWOT analysis of the Japan stevia beverages market includes strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal factors, whereas opportunities and threats are external. Moreover, by evaluating these factors, companies devise strategies that capitalize on their strengths, mitigate their weaknesses, seize opportunities, and defend against threats.
The key players operating in the Japan stevia beverages market include Coca-Cola Japan, Kirin Holdings Company Limited, Suntory Holdings Limited, PepsiCo Japan Co., Ltd., Asahi Group Holdings, Ltd., ITO EN, LTD., Otsuka Holdings Co., Ltd., DyDo Group Holdings, Inc., Calbee, Inc., and Sapporo Holdings Ltd.
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 japan stevia beverages market.
- Assess and rank the top factors that are expected to affect the growth of japan stevia beverages market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the japan stevia beverages market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Consumer Buying Behavior Analysis
- Product Life Cycles
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- 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
- Kirin Beverage Corporation
- Suntory Holdings Ltd
- Coca-Cola Japan
- Asahi Group Holdings Ltd
- Otsuka Pharmaceutical Co Ltd
- Yakult Honsha Co Ltd
- Morinaga & Co Ltd
- House Foods Group Inc
- Ajinomoto Co Inc
- Pokka Corporation ( PepsiCo)
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: JAPAN STEVIA BEVERAGES MARKET, BY TYPE
CHAPTER 5: JAPAN STEVIA BEVERAGES MARKET, BY APPLICATION
CHAPTER 6: JAPAN STEVIA BEVERAGES MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Kirin Beverage Corporation
- Suntory Holdings Ltd
- Coca-Cola Japan
- Asahi Group Holdings Ltd
- Otsuka Pharmaceutical Co Ltd
- Yakult Honsha Co Ltd
- Morinaga & Co Ltd
- House Foods Group Inc
- Ajinomoto Co Inc
- Pokka Corporation ( PepsiCo)
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.
LOADING...
