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    Thailand Stevia Market

    ID: MRFR/F-B & N/56206-HCR
    128 Pages
    Snehal Singh
    October 2025

    Thailand Stevia Market Research Report: By Type (Liquid Extract, Powder Extract, Stevia Leaves), By Nature (Organic, Regularaa), By Application (Residential/Retail, Commercial, Dairy and Frozen Desserts, Bakery and Confectionery, Sweet and Savory Snacks, Tabletop Sweeteners, Packaged Food Products, Beverages, Dietary Supplements, Others) andBy Distribution Channel (Offline, Online)- Forecast to 2035

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    Thailand Stevia Market Infographic
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    Thailand Stevia Market Summary

    As per MRFR analysis, the Thailand stevia market Size was estimated at 55.38 USD Million in 2024. The Thailand stevia market is projected to grow from 58.16 USD Million in 2025 to 95.01 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.03% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Thailand stevia market is experiencing robust growth driven by health trends and regulatory support.

    • Rising health awareness among consumers is propelling the demand for stevia as a natural sweetener.
    • The largest segment in the Thailand stevia market is the food and beverage sector, while the fastest-growing segment is the dietary supplements category.
    • Regulatory support is enhancing the market landscape, encouraging innovation in product development.
    • Key market drivers include the growing demand for natural sweeteners and supportive government policies promoting healthier food options.

    Market Size & Forecast

    2024 Market Size 55.38 (USD Million)
    2035 Market Size 95.01 (USD Million)

    Major Players

    Cargill (US), Nutraceutical Corporation (US), Pure Circle (MY), Stevia First Corporation (US), Tate & Lyle (GB), GLG Life Tech Corporation (CA), Sunwin Stevia International (CN), Herbochem (IN)

    Thailand Stevia Market Trends

    The stevia market in Thailand is experiencing notable growth, driven by increasing health consciousness among consumers. As individuals become more aware of the adverse effects of sugar consumption, the demand for natural sweeteners like stevia is on the rise. This shift is further supported by government initiatives promoting healthier dietary choices, which encourage the use of low-calorie alternatives. Additionally, the food and beverage industry is adapting to these changes, incorporating stevia into various products to cater to the evolving preferences of health-oriented consumers. Moreover, the regulatory environment in Thailand appears to be favorable for the stevia market. The Thai Food and Drug Administration has established guidelines for the use of stevia, ensuring safety and quality standards. This regulatory support may enhance consumer confidence and stimulate market growth. Furthermore, local producers are increasingly investing in research and development to improve stevia cultivation and processing techniques, which could lead to higher quality products and increased availability in the market. Overall, the stevia market in Thailand seems poised for continued expansion as it aligns with the broader trends of health and wellness.

    Rising Health Awareness

    There is a growing trend of health awareness among consumers in Thailand, leading to increased demand for natural sweeteners. As people seek to reduce sugar intake, stevia is becoming a preferred alternative due to its low-calorie content and natural origin.

    Regulatory Support

    The Thai government is actively promoting the use of stevia through supportive regulations. The establishment of safety and quality guidelines by the Thai Food and Drug Administration is likely to enhance consumer trust and encourage market growth.

    Innovation in Product Development

    Local producers are focusing on innovation within the stevia market. Investments in research and development are aimed at improving cultivation and processing methods, which may result in higher quality stevia products and greater market accessibility.

    Thailand Stevia Market Drivers

    Supportive Government Policies

    Government initiatives aimed at promoting healthier food choices are significantly impacting the stevia market in Thailand. The Thai government has implemented various policies to encourage the use of natural sweeteners, including stevia, in food production. These policies are designed to reduce sugar consumption and combat health issues related to high sugar intake. As a result, the stevia market is experiencing increased visibility and acceptance among consumers and manufacturers alike. Furthermore, financial incentives for farmers cultivating stevia plants may enhance local production capabilities, thereby stabilizing supply and potentially lowering prices. This supportive regulatory environment is likely to foster innovation and investment in the stevia market, making it an attractive sector for both domestic and international stakeholders.

    Expansion of Distribution Channels

    The expansion of distribution channels is a crucial driver for the stevia market in Thailand. As consumer awareness of stevia increases, the need for accessible products becomes paramount. Retailers, both online and offline, are beginning to stock a wider variety of stevia-based products, making them more readily available to consumers. This trend is supported by the rise of e-commerce platforms, which facilitate the distribution of health-oriented products. Additionally, partnerships between stevia producers and food manufacturers are likely to enhance product availability in mainstream grocery stores. The growing presence of stevia in various retail formats is expected to contribute to an increase in sales, thereby propelling the stevia market forward. As distribution channels continue to expand, consumer access to stevia products will likely improve, further driving market growth.

    Growing Demand for Natural Sweeteners

    The increasing consumer preference for natural sweeteners is a pivotal driver in the stevia market. As health-conscious individuals seek alternatives to sugar, the demand for stevia, a plant-derived sweetener, has surged. In Thailand, the market for natural sweeteners is projected to grow at a CAGR of approximately 8% over the next five years. This shift towards healthier options is influencing food and beverage manufacturers to incorporate stevia into their products, thereby expanding the stevia market. The trend is further supported by the rising incidences of diabetes and obesity, prompting consumers to opt for low-calorie sweetening solutions. Consequently, the stevia market is likely to witness robust growth as more companies respond to this demand by developing innovative products that utilize stevia as a key ingredient.

    Rising Popularity of Functional Foods

    The trend towards functional foods, which offer health benefits beyond basic nutrition, is driving growth in the stevia market. In Thailand, consumers are increasingly seeking products that not only satisfy their taste preferences but also contribute to their overall well-being. Stevia, known for its zero-calorie content and natural origin, aligns perfectly with this trend. The market for functional foods is expected to expand significantly, with projections indicating a growth rate of around 10% annually. This rising popularity is prompting food manufacturers to explore innovative formulations that incorporate stevia, thereby enhancing the appeal of their products. As a result, the stevia market is likely to benefit from this shift, as more consumers gravitate towards healthier, functional options that utilize stevia as a primary sweetening agent.

    Increased Investment in Research and Development

    Investment in research and development (R&D) within the stevia market is becoming increasingly vital. Companies in Thailand are recognizing the potential of stevia and are allocating resources to explore new extraction methods and product applications. This focus on R&D is expected to lead to the development of high-purity stevia extracts, which can enhance flavor profiles and improve consumer acceptance. Moreover, advancements in agricultural practices may result in higher yields and better quality of stevia crops. As the market evolves, these innovations could provide a competitive edge to companies operating in the stevia market, allowing them to meet the growing demand for natural sweeteners more effectively. The emphasis on R&D is likely to drive the market forward, fostering a culture of innovation and sustainability.

    Market Segment Insights

    Stevia Market Type Insights

    The Thailand Stevia Market is experiencing notable growth, driven primarily by the increasing preference for natural sweeteners amid rising health consciousness among consumers. This shift has led to a diversification in the market, particularly in the Type segment, which consists of Liquid Extract, Powder Extract, and Stevia Leaves. Each of these forms offers unique advantages that cater to varying consumer needs.

    Liquid Extracts are favored for their convenience and versatility, often utilized in beverages and culinary applications, making them a significant choice for manufacturers.Meanwhile, Powder Extracts are equally popular, especially in food products, as they provide an easy way to achieve sweetness without the calories associated with traditional sugars. These extracts are also increasingly incorporated into health supplements, aligning with the growing trend toward wellness. Stevia Leaves, being the raw form of the herb, are gaining attention among consumers who prefer minimally processed products, reinforcing the market's appeal in the health-oriented segment.

    Furthermore, the Thai government supports the cultivation of Stevia as part of its agricultural development initiatives, promoting local farming and sustainability, which enhances the supply chain dynamics for these products.

    As consumers become more informed about sugar alternatives, the segment is poised for significant evolution and expansion, highlighting the adaptability and relevance of the Type segment within the overarching Thailand Stevia Market dynamics. Market trends show a continual shift towards more functional and health-conscious ingredients in food and beverages, making this segment crucial for catering to current dietary preferences and maintaining a competitive edge in the industry. The increasing availability of Stevia products in varied forms ensures that manufacturers can meet consumer demands for low-calorie, natural sweetness options, driving market opportunities further.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Stevia Market Nature Insights

    The Thailand Stevia Market, focusing on the Nature segment, presents a promising landscape for consumers and producers alike. The market has shown significant growth trends driven by rising health awareness and the increasing demand for natural sweeteners. As more Thai consumers lean towards healthier food options, the Nature segment has become particularly relevant. Among the various types of stevia, the Organic segment holds a majority, appealing to health-conscious buyers who prefer products free from synthetic pesticides and fertilizers. This growing preference for organic products is fueled by government initiatives promoting organic farming in Thailand.

    On the other hand, the Regular segment continues to dominate by providing a cost-effective alternative for consumers who are price-sensitive. Both segments are vital, as they cater to diverse consumer needs, thereby contributing significantly to the overall market dynamics. With a steady rise in the popularity of natural sweeteners, the insights into the segmentation of the Thailand Stevia Market reveal a landscape full of opportunities for growth, driven by changing consumer preferences and market demands.

    Stevia Market Application Insights

    The Thailand Stevia Market is experiencing significant growth across various applications. In residential and retail environments, consumers are increasingly seeking healthier, sugar-free alternatives, thereby driving the demand for stevia-based sweeteners. The commercial segment is also flourishing, with businesses focusing on health-conscious products, particularly in beverages and packaged food products. Dairy and frozen desserts, alongside bakery and confectionery items, are critical areas where stevia is gaining traction, as manufacturers aim to reduce sugar content while maintaining taste.

    Sweet and savory snacks have also shown strong demand due to rising health awareness, making them prominent segments in the Thailand Stevia Market. Tabletop sweeteners have emerged as a staple for consumers looking to enhance their meals without adding calories, while dietary supplements utilizing stevia are on the rise given the growing trend toward wellness.

    As Thailand embraces healthy living and sustainable food sourcing, the stevia market is set to play a crucial role in meeting consumer demands for sugar alternatives across these diverse applications.The ongoing shift toward health-centric products creates ample opportunities for innovation and market growth, further solidifying the importance of stevia in the country’s food landscape.

    Stevia Market Distribution Channel Insights

    The Thailand Stevia Market exhibits a diverse landscape in its Distribution Channel segment, primarily characterized by Offline and Online channels. The Offline distribution channel remains a significant part of the market, benefiting from traditional retail formats, local grocery stores, and supermarkets, which are preferred by consumers for easy access and direct interaction with products.

    In contrast, the Online channel has been gaining traction, particularly among younger demographics who are increasingly leaning towards e-commerce platforms for purchasing food and health products.The rise of health consciousness and the demand for natural sweeteners have further propelled the online shopping trend, offering convenience and a broader range of stevia products. 

    Notably, the Thai government has been promoting the agricultural production of stevia, inspiring a robust supply chain that enhances both distribution methods. As consumer behaviors evolve, the integration of both distribution channels will be crucial as manufacturers aim to cater to a wider audience while addressing preferences for purchasing, with the Online channel likely becoming a more dominant player in the future.Overall, the distribution channels for the Thailand Stevia Market showcase an evolving dynamic that reflects broader market trends, growth opportunities, and the shifting landscape of consumer demand.

    Get more detailed insights about Thailand Stevia Market

    Key Players and Competitive Insights

    The stevia market in Thailand is characterized by a dynamic competitive landscape, driven by increasing consumer demand for natural sweeteners and health-conscious products. Key players such as Cargill (US), Pure Circle (MY), and Tate & Lyle (GB) are strategically positioned to leverage innovation and sustainability in their operations. Cargill (US) focuses on expanding its product portfolio with stevia-based solutions, while Pure Circle (MY) emphasizes its commitment to sustainable sourcing and production practices. Tate & Lyle (GB) is actively pursuing partnerships to enhance its market reach and product offerings, collectively shaping a competitive environment that prioritizes quality and sustainability.

    The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several players vying for market share. However, the collective influence of these key players is significant, as they drive innovation and set industry standards that smaller competitors may struggle to match.

    In August 2025, Cargill (US) announced a partnership with a local Thai agricultural cooperative to enhance the cultivation of stevia, aiming to increase local supply and reduce import dependency. This strategic move not only supports local farmers but also aligns with Cargill's sustainability goals, potentially improving its market position in Thailand.

    In September 2025, Pure Circle (MY) launched a new line of stevia products specifically designed for the beverage industry, targeting the growing demand for low-calorie drinks. This initiative reflects Pure Circle's focus on innovation and its ability to adapt to market trends, which may strengthen its competitive edge in a rapidly evolving market.

    In October 2025, Tate & Lyle (GB) expanded its distribution network in Thailand by collaborating with a major local distributor, enhancing its ability to reach a broader customer base. This strategic action is likely to improve Tate & Lyle's market penetration and reinforce its position as a leading supplier of stevia solutions in the region.

    As of November 2025, current competitive trends in the stevia market include a strong emphasis on digitalization, sustainability, and the integration of AI technologies in production processes. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on innovation, technology, and supply chain reliability. This transition may redefine market dynamics, compelling companies to invest in research and development to maintain their competitive advantage.

    Key Companies in the Thailand Stevia Market market include

    Industry Developments

    The Thailand Stevia Market has experienced notable developments recently, with increased interest from several companies including Tate and Lyle, SweeGen, and Cargill as they expand their product offerings to include natural sweeteners. In June 2023, Tate and Lyle launched a new line of stevia-derived sweeteners aimed at reducing sugar content in food and beverages, reflecting the growing trend towards healthier alternatives. The market has seen significant valuation growth, attributed to rising consumer demand for natural ingredients amid health-consciousness trends in Thailand.

    Additionally, in September 2023, Zhejiang Jinhua Green Biological Technology made headlines by establishing a production facility in Thailand, aligning with the country's vision to promote sustainable agriculture. Mergers and acquisitions have also defined the market landscape, with Jiangsu Wanka Biotech acquiring a smaller local player in July 2023, strengthening its distribution network within the region. Over the past few years, the Thai government has promoted the cultivation of stevia, with initiatives launched in 2021 to support local farmers in growing this high-value crop, thereby boosting the stevia supply chain and positioning Thailand as a competitive player in the global market.

    Future Outlook

    Thailand Stevia Market Future Outlook

    The stevia market in Thailand is projected to grow at a 5.03% CAGR from 2024 to 2035, driven by rising health consciousness and demand for natural sweeteners.

    New opportunities lie in:

    • Developing stevia-based product lines for the beverage industry
    • Investing in advanced extraction technologies for higher yield
    • Establishing partnerships with health-focused food brands

    By 2035, the stevia market is expected to achieve robust growth and increased market penetration.

    Market Segmentation

    Thailand Stevia Market Form Outlook

    • Liquid
    • Powder
    • Granular

    Thailand Stevia Market Nature Outlook

    • Organic
    • Conventional

    Thailand Stevia Market Application Outlook

    • Food and Beverages
    • Pharmaceuticals
    • Cosmetics
    • Nutraceuticals
    • Animal Feed

    Thailand Stevia Market Distribution Channel Outlook

    • Online
    • Offline
    • Modern Trade
    • Specialty Stores

    Report Scope

    MARKET SIZE 202455.38(USD Million)
    MARKET SIZE 202558.16(USD Million)
    MARKET SIZE 203595.01(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)5.03% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Cargill (US)", "Nutraceutical Corporation (US)", "Pure Circle (MY)", "Stevia First Corporation (US)", "Tate & Lyle (GB)", "GLG Life Tech Corporation (CA)", "Sunwin Stevia International (CN)", "Herbochem (IN)"]
    Segments CoveredApplication, Form, Nature, Distribution Channel
    Key Market OpportunitiesGrowing consumer demand for natural sweeteners drives innovation in the stevia market.
    Key Market DynamicsRising consumer demand for natural sweeteners drives innovation and competition in the stevia market.
    Countries CoveredThailand

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    FAQs

    What is the expected market size of the Thailand Stevia Market in 2024?

    The Thailand Stevia Market is expected to be valued at 10.31 million USD in 2024.

    What will be the market value of the Thailand Stevia Market by 2035?

    By 2035, the Thailand Stevia Market is projected to reach a value of 40.0 million USD.

    What is the expected CAGR for the Thailand Stevia Market from 2025 to 2035?

    The expected CAGR for the Thailand Stevia Market between 2025 and 2035 is 13.117%.

    What are the projected values for Liquid Extract in the Thailand Stevia Market for 2024 and 2035?

    The Liquid Extract segment is estimated to be valued at 3.09 million USD in 2024 and 12.4 million USD by 2035.

    What will be the market value for Powder Extract in the Thailand Stevia Market by 2035?

    The Powder Extract segment is expected to reach a market value of 20.86 million USD by 2035.

    What is the anticipated market value for Stevia Leaves in 2024?

    In 2024, the Stevia Leaves segment is projected to be valued at 2.05 million USD.

    Who are the key players in the Thailand Stevia Market?

    Major players in the Thailand Stevia Market include Tate & Lyle, Jiangsu Wanka Biotech, and Cargill among others.

    What are the projected market values for the Thailand Stevia Market for each segment in 2035?

    In 2035, Liquid Extract will be valued at 12.4 million USD, Powder Extract at 20.86 million USD, and Stevia Leaves at 8.74 million USD.

    What are the growth drivers for the Thailand Stevia Market?

    The growth of the Thailand Stevia Market is driven by the rising demand for natural sweeteners and health-conscious consumer trends.

    What are the current challenges facing the Thailand Stevia Market?

    One challenge facing the Thailand Stevia Market is the competition from other artificial sweeteners and sugar substitutes.

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