Asia Pacific Stevia Dairy Product Market Analysis & Forecast 2024-2030

Global Asia Pacific Stevia Dairy Product Market is expected to reach USD 454.34 million by 2030 with CAGR of 8.1% between 2024 and 2030

Dairy has traditionally presented complex challenges for formulators looking to reduce sugar while maintaining texture, indulgence and mouthfeel. Furthermore, when it comes to reducing sugar in dairy, stevia is a great choice since it is stable throughout the pasteurization process required in many dairy products. Stevia can be incorporated alone or in combination with sugar or other high-intensity sweeteners. Specific combinations of steviol glycosides can be used to raise creamy dairy notes while reducing off-notes such as bitterness and licorice.  

With increasing organic food consumption, increase in demand for Stevia Dairy Product due to rapid urbanization, positive economic growth outlook in many developed and developing countries, rising disposable income the scope and potential for the global Stevia Dairy Product market is expected to significantly rise in the forecast period. Increasing awareness of the health benefits of low-calorie consumable products is a major catalyst to the market growth. As the number of obese and diabetic people is on the rise, stevia is the best sugar alternative due to its zero-calorie property.  

The Stevia Dairy Product market is segmented into yogurt, flavored milk, and ice cream. As, yogurt: there is high consumer demand for stevia dairy products that helps to promote a healthy lifestyle. The highest growth category in the dairy market is yogurt, with a 7.5% increase in sales from 2023 to 2024, according to Euromonitor International. Reduced-calorie, reduced-sugar and reduced-fat platforms, or a combination of the three, are appearing more frequently among new yogurt product introductions and stevia plays a large role. In 2023, 275 dairy products were launched all over the regions with stevia and of those, 72% were yogurt. A deep study of reduced-sugar strawberry flavoured yogurt found that up to half % of the sugar (sucrose) in fresh yogurt could be substituted with stevia without any perceivable change in taste.  

However, sugar reductions of 75% with rebaudiana A yielded noticeable bitterness and astringency, as well as a reduction in sweetness intensity. As flavoured milk: Flavored milk, such as chocolate milk, is a popular and regularly consumed beverage, with wide sensory acceptance among consumers of different age groups and socio-economic levels. Milk is an excellent source of calcium, vitamin D, riboflavin and phosphorus, and a good source of protein, potassium, vitamin A, vitamin B12 and niacin. Studies show that children who drink flavored milk consume more milk overall and are better nourished. Unfortunately, flavored milk is also high in added sugars, and has been scrutinized in light of increasing trends of overweight and obesity in children. As ice cream: Ice cream is the world’s most popular frozen dessert. The sweeteners used in ice cream have an important influence on consumer acceptance due to their effect on texture and functionality (freezing point, viscosity and texture). For economic and functional reasons, sucrose (sugar) is the most frequently used sweetener in ice cream production. However, the use of non-nutritive sweeteners is increasing due to health concerns about ice cream’s high-sugar content.  

The key players in Asia Pacific Stevia Dairy Product Market are: Arla, Cavalier, Lily's Sweets, Purecircle, Kourellas dairy, Oikos, Sunshine Dairy Foods, and White Wave Foods The companies in the Stevia Dairy Product industry process raw materials into food, pet food and tobacco products, package and distribute them through various distribution channels to both individual customers and commercial establishments.  

On the application side of Asia Pacific Stevia Dairy Product Market is used in supermarkets, convenience stores and also online as online in many online stores such as India mart, big basket etc. Using stevia is an attractive option for reducing the sugar content of flavoured milk. In a study on attributes that influence the purchase of chocolate milk by parents for their children, type of sweetener was the primary driver of purchase followed by fat content. Among sweetener types, parents preferred natural, non-nutritive sweeteners or sugar over artificial sweeteners.  

Asia Pacific Stevia Dairy Product Market: Product Type

• Yogurt
• Milk
• Ice cream

Asia Pacific Stevia Dairy Product Market: Application

• Supermarket
• Online stores
• Convenience stores

Asia Pacific Stevia Dairy Product Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Asia Pacific Stevia Dairy Product Market :

• Arla
• Cavalier
• Lily’s sweets
• Pure circle
• Kourellas dairy
• Oikos
• Sunshine dairy foods
• White wave foods

Geographical analysis of Asia Pacific Stevia Dairy Product Market :

• China
• Japan
• South korea
• Taiwan
• India
• South east Asia
• Australia

Global Asia Pacific Stevia Dairy Product Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2024-2030
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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