South Korea Stevia Market

ID: MRFR/F-B & N/46788-HCR

128 Pages

Snehal Singh

September 2025

South Korea Stevia Market Research Report By Type (Liquid Extract, Powder Extract, Stevia Leaves), By Nature (Organic, Regular), 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) and By Distribution Channel (Offline, Online) - Forecas...

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Table of Contents

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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South Korea Stevia Market Summary

The South Korea Stevia market is projected to experience substantial growth from 18.5 USD Million in 2024 to 66.5 USD Million by 2035.

Key Market Trends & Highlights

South Korea Stevia Key Trends and Highlights

The market is expected to grow at a compound annual growth rate of 12.33 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 66.5 USD Million, indicating robust expansion.
In 2024, the market is valued at 18.5 USD Million, reflecting a growing interest in natural sweeteners.
Growing adoption of stevia due to increasing health consciousness among consumers is a major market driver.

South Korea Stevia Market

CAGR

12.33%

Market Size & Forecast

2024 Market Size	18.5 (USD Million)
2035 Market Size	66.5 (USD Million)
CAGR (2025-2035)	12.33%
Largest Regional Market Share in 2024	latin_america)

Major Players

Health Garden, Daepyung, Morita Kagaku Kogyo, Eden Foods, Biolife, Pure Circle, SBS Food, Stevia First, Great American Spice Company, Advanced Food Technologies, Kohjin Life Sciences, Cargill, Sweet Green Fields, Frutarom, GLG Life Tech

South Korea Stevia Market Trends

The South Korea Stevia market is witnessing a significant growth driven by the rising demand for natural sweeteners among health-conscious consumers. As the country faces increasing rates of obesity and diabetes, many individuals are seeking healthier alternatives to sugar, which stevia effectively provides. The South Korean government has been supportive of this trend, promoting various health initiatives that encourage reducing sugar intake.

Additionally, the food and beverage industry is gradually incorporating stevia into its products, capitalizing on its zero-calorie content and natural origins. There are ample opportunities in the market to explore, particularly as consumers become more aware of the benefits of stevia over artificial sweeteners.

Local food manufacturers are innovating by developing diverse products such as beverages, dairy, and bakery goods that use stevia as a primary sweetening agent. This shift aligns with the overall trend towards cleaner labels and healthier food options among South Koreans, creating a fertile ground for growth in the stevia segment. In recent years, the trend towards plant-based diets has also enriched the South Korea Stevia market. Increased interest in organic and non-GMO products is compelling suppliers to enhance the quality and sourcing of stevia.

There has been a notable rise in local cultivation of stevia plants, supported by agricultural policies encouraging sustainable farming practices.

This local production not only supports domestic farmers but also reduces transportation costs, further promoting the use of stevia in the local market. Overall, these factors combine to position the South Korea Stevia market as a dynamic sector with robust growth potential.

South Korea Stevia Market Drivers

Market Segment Insights

Stevia Market Type Insights

The South Korea Stevia Market has been notably segmented into various types, primarily focusing on Liquid Extract, Powder Extract, and Stevia Leaves, each contributing uniquely to the overall landscape of the market. Liquid Extract is increasingly favored for its versatility, often utilized in beverages, health supplements, and various food products due to its ability to blend smoothly while retaining the sweetening properties of Stevia. Powder Extract finds its strength in the baking and cooking sectors, where it serves as a calorie-free substitute for sugar, meeting the growing consumer demand for healthier alternatives.

Stevia Leaves, although less processed, have been gaining traction among consumers who seek natural and less refined options, furthering the trend toward clean-label products in South Korea. This country is experiencing a surge in health consciousness, steering consumers toward natural sweeteners and away from artificial alternatives. The national dietary guidelines released by the South Korean government promote reducing sugar intake, thus bolstering demand for Stevia-based products. The market growth is driven by advancements in agricultural techniques, enhancing the yield and quality of these types, which would eventually meet the increasing consumer demand.

Each of these types is positioned well within South Korea's unique food culture and expanding healthy lifestyle trends, leading to significant opportunities for manufacturers and suppliers in the industry. Factors such as urbanization and rising disposable incomes are also contributing to market expansions as consumers become more willing to explore healthier food options. As these types continue to innovate and adapt to shifting consumer preferences, they will likely play a crucial role in the ongoing evolution of the South Korea Stevia Market.

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

Stevia Market Nature Insights

The South Korea Stevia Market, particularly focusing on the Nature segment, showcases a dynamic landscape driven by the rising demand for healthier and natural sweetening alternatives. As consumer awareness regarding health and wellness continues to increase, the inclination towards organic and regular stevia products is becoming more pronounced. The organic segment has gained traction as consumers prefer naturally derived sweeteners, free from artificial additives, aligning with the trend toward clean label products. Regular stevia products also play a pivotal role, providing a cost-effective solution without compromising on the sweetness compared to traditional sugar.

This combination positions the Nature segment as a key player in fostering market growth, as it reflects a broader shift in consumer preferences toward sustainable and health-oriented food choices. Additionally, policies promoting the use of natural ingredients in food and beverages further enhance the appeal of this segment in the South Korean market. With continuous innovations in extraction and processing methods, the Nature segment is well-equipped to meet the evolving demands of consumers while supporting the overall South Korea Stevia Market growth, making it a significant area of focus for manufacturers and suppliers.

Stevia Market Application Insights

The Application segment of the South Korea Stevia Market has demonstrated significant diversity and potential for growth, driven by the rising demand for healthier and natural sweeteners among consumers. The Residential and Retail sector has seen increased popularity as health-conscious individuals seek alternatives to sugar in household products. Similarly, the Commercial sector, particularly in the food and beverage industry, is adapting to consumer preferences for reduced-calorie options, contributing to market expansion.

Key sectors such as Dairy and Frozen Desserts, along with Bakery and Confectionery, have embraced stevia as a viable sugar substitute, enhancing the appeal of their products while maintaining taste.

Sweet and Savory Snacks show significant promise as manufacturers aim to capture the attention of health-oriented consumers, while Tabletop Sweeteners are found in many homes, providing convenient, low-calorie options for everyday use. Packaged Food Products and Beverages are increasingly incorporating stevia as part of broader reformulation strategies to cater to a more health-conscious public. Dietary Supplements are also taking advantage of stevia's natural qualities, making strides in the market aimed at health and wellness. Overall, the diverse applications of stevia highlight its integration into various food categories, aligning with the growing prioritization of low-calorie and health-positive options in South Korea.

Stevia Market Distribution Channel Insights

The South Korea Stevia Market has been experiencing significant growth through its Distribution Channel segment, reflecting the shift in consumer preferences towards healthier sweetening alternatives. The increasing demand for Stevia in South Korea is being met through various channels, primarily focusing on Offline and Online sales. Offline distribution remains strong due to the well-established retail and grocery stores, allowing consumers easy access to products. This channel benefits from the trust consumers place in physical outlets and the ability to engage directly with products before purchase.

Conversely, the Online distribution channel is witnessing rapid adoption, particularly through e-commerce platforms, driven by convenience and a growing trend of digital shopping among consumers. The Online channel often offers a wider variety of products, enabling consumers to explore different brands and types of Stevia with ease. As consumer awareness strengthens regarding the health benefits associated with Stevia, both distribution channels are expected to adapt and expand, enhancing availability and accessibility, thereby positively impacting the South Korea Stevia Market statistics and revenue in the coming years.

The interplay between these channels showcases a dynamic response to market opportunities and consumer preferences in South Korea.

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Regional Insights

Key Players and Competitive Insights

The South Korea Stevia Market has been experiencing significant growth and transformation, propelled by the rising demand for natural sweeteners in the food and beverage sector. This demand stems from a growing health-conscious consumer base that seeks alternatives to sugar and artificial sweeteners. Competitive insights within this market reveal a dynamic landscape where various companies are vying for market share, particularly those focused on quality, sustainability, and innovation. As consumer preferences shift towards healthier dietary options, companies are responding by enhancing their product offerings and marketing strategies.

This evolving market environment provides ample opportunities for both established players and new entrants seeking to capitalize on the increasing popularity of stevia products.

Health Garden has established a strong presence in the South Korea Stevia Market by emphasizing the purity and quality of its stevia products. The company has successfully carved out a niche by offering a range of stevia-based sweeteners that cater to health-conscious consumers looking for natural alternatives. Health Garden's strengths lie in its commitment to sourcing high-quality stevia leaves and utilizing advanced processing techniques, ensuring that its products retain the natural taste and benefits of stevia. This focus on quality resonates well with the South Korean market, where consumers are increasingly discerning about product ingredients and sourcing.

Additionally, Health Garden's robust marketing strategies and strong distribution channels have further solidified its position in the competitive landscape, allowing it to reach a wider audience and effectively compete against other key players.

Daepyung operates as a significant entity within the South Korea Stevia Market, leveraging its expertise in natural sweeteners to provide a diverse range of stevia products. The company is known for its innovative approach, combining traditional manufacturing techniques with modern technology to enhance product quality and sustainability. Daepyung's key offerings include various forms of stevia extracts tailored to the needs of food manufacturers, beverage companies, and health-conscious individual consumers. The company's strengths lie in its established distribution networks and capabilities in research and development, enabling it to stay ahead of market trends and consumer preferences.

Daepyung has also been involved in strategic partnerships and collaborations, aiding in expanding its market presence and product portfolio in South Korea. Through these efforts, Daepyung has positioned itself as a leader in the natural sweetener segment, effectively contributing to the overall growth of the stevia market in the region.

Key Companies in the South Korea Stevia Market market include

Industry Developments

Market Segmentation

Stevia Market Type Outlook

Liquid Extract
Powder Extract
Stevia Leaves

Stevia Market Nature Outlook

Organic
Regular

Stevia Market Application Outlook

Residential/Retail
Commercial
Dairy and Frozen Desserts
Bakery and Confectionery
Sweet and Savory Snacks
Tabletop Sweeteners
Packaged Food Products
Beverages
Dietary Supplements
Others

Stevia Market Distribution Channel Outlook

Offline
Online

Report Scope

Report Scope

Report Attribute/Metric	Details
Market Size 2023	16.42(USD Million)
Market Size 2024	18.5(USD Million)
Market Size 2035	66.5(USD Million)
Compound Annual Growth Rate (CAGR)	12.335% (2025 - 2035)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Million
Key Companies Profiled	Health Garden, Daepyung, Morita Kagaku Kogyo, Eden Foods, Biolife, Pure Circle, SBS Food, Stevia First, Great American Spice Company, Advanced Food Technologies, Kohjin Life Sciences, Cargill, Sweet Green Fields, Frutarom, GLG Life Tech
Segments Covered	Type, Nature, Application, Distribution Channel
Key Market Opportunities	Rising health consciousness, Increasing demand for natural sweeteners, Growth in low-calorie products, Expansion in the beverage industry, Regulatory support for natural ingredients
Key Market Dynamics	growing health consciousness, increasing demand for natural sweeteners, regulatory support for stevia products, rising popularity in the food industry, expanding applications in beverages
Countries Covered	South Korea

Market Highlights

Author

Snehal Singh

Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the projected market size of the South Korea Stevia Market by 2035?

The South Korea Stevia Market is expected to be valued at 66.5 million USD by the year 2035.

What was the market value of the South Korea Stevia Market in 2024?

In 2024, the South Korea Stevia Market is estimated to be valued at 18.5 million USD.

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

The expected CAGR for the South Korea Stevia Market from 2025 to 2035 is 12.335%.

Which type segment in the South Korea Stevia Market holds the largest projected value by 2035?

By 2035, the Powder Extract segment is projected to hold the largest value at 32.4 million USD.

What is the market value of the Liquid Extract segment in 2024?

The Liquid Extract segment of the South Korea Stevia Market is valued at 6.5 million USD in 2024.

Who are the major players in the South Korea Stevia Market?

Key players in the South Korea Stevia Market include Health Garden, Pure Circle, and Cargill, among others.

What is the expected market value for Stevia Leaves by 2035?

The expected market value for Stevia Leaves in the South Korea Stevia Market by 2035 is 10.8 million USD.

What are the growth drivers for the South Korea Stevia Market?

The South Korea Stevia Market growth is driven by increasing health consciousness and demand for natural sweeteners.

What is the market size of the Powder Extract segment in 2024?

The Powder Extract segment is valued at 9.0 million USD in 2024.

How does the current global scenario impact the South Korea Stevia Market?

The current global scenario is influencing the South Korea Stevia Market through shifts in consumer preferences towards healthier options.

|- TABLE OF CONTENTS 1. EXECUTIVE SUMMARY 1.1. Market Overview 1.2. Key Findings 1.3. Market Segmentation 1.4. Competitive Landscape 1.5. Challenges and Opportunities 1.6. Future Outlook 2. MARKET INTRODUCTION 2.1. Definition 2.2. Scope of the study 2.2.1. Research Objective 2.2.2. Assumption 2.2.3. Limitations 3. RESEARCH METHODOLOGY 3.1. Overview 3.2. Data Mining 3.3. Secondary Research 3.4. Primary Research 3.4.1. Primary Interviews and Information Gathering Process 3.4.2. Breakdown of Primary Respondents 3.5. Forecasting Model 3.6. Market Size Estimation 3.6.1. Bottom-Up Approach 3.6.2. Top-Down Approach 3.7. Data Triangulation 3.8. Validation 4. MARKET DYNAMICS 4.1. Overview 4.2. Drivers 4.3. Restraints 4.4. Opportunities 5. MARKET FACTOR ANALYSIS 5.1. Value chain Analysis 5.2. Porter's Five Forces Analysis 5.2.1. Bargaining Power of Suppliers 5.2.2. Bargaining Power of Buyers 5.2.3. Threat of New Entrants 5.2.4. Threat of Substitutes 5.2.5. Intensity of Rivalry 5.3. COVID-19 Impact Analysis 5.3.1. Market Impact Analysis 5.3.2. Regional Impact 5.3.3. Opportunity and Threat Analysis 6. SOUTH KOREA STEVIA MARKET, BY TYPE (USD MILLION) 6.1. Liquid Extract 6.2. Powder Extract 6.3. Stevia Leaves 7. SOUTH KOREA STEVIA MARKET, BY NATURE (USD MILLION) 7.1. Organic 7.2. Regularaa 8. SOUTH KOREA STEVIA MARKET, BY APPLICATION (USD MILLION) 8.1. Residential/Retail 8.2. Commercial 8.3. Dairy and Frozen Desserts 8.4. Bakery and Confectionery 8.5. Sweet and Savory Snacks 8.6. Tabletop Sweeteners 8.7. Packaged Food Products 8.8. Beverages 8.9. Dietary Supplements 8.10. Others 9. SOUTH KOREA STEVIA MARKET, BY DISTRIBUTION CHANNEL (USD MILLION) 9.1. Offline 9.2. Online 10. COMPETITIVE LANDSCAPE 10.1. Overview 10.2. Competitive Analysis 10.3. Market share Analysis 10.4. Major Growth Strategy in the Stevia Market 10.5. Competitive Benchmarking 10.6. Leading Players in Terms of Number of Developments in the Stevia Market 10.7. Key developments and growth strategies 10.7.1. New Product Launch/Service Deployment 10.7.2. Merger & Acquisitions 10.7.3. Joint Ventures 10.8. Major Players Financial Matrix 10.8.1. Sales and Operating Income 10.8.2. Major Players R&D Expenditure. 2023 11. COMPANY PROFILES 11.1. Health Garden 11.1.1. Financial Overview 11.1.2. Products Offered 11.1.3. Key Developments 11.1.4. SWOT Analysis 11.1.5. Key Strategies 11.2. Daepyung 11.2.1. Financial Overview 11.2.2. Products Offered 11.2.3. Key Developments 11.2.4. SWOT Analysis 11.2.5. Key Strategies 11.3. Morita Kagaku Kogyo 11.3.1. Financial Overview 11.3.2. Products Offered 11.3.3. Key Developments 11.3.4. SWOT Analysis 11.3.5. Key Strategies 11.4. Eden Foods 11.4.1. Financial Overview 11.4.2. Products Offered 11.4.3. Key Developments 11.4.4. SWOT Analysis 11.4.5. Key Strategies 11.5. Biolife 11.5.1. Financial Overview 11.5.2. Products Offered 11.5.3. Key Developments 11.5.4. SWOT Analysis 11.5.5. Key Strategies 11.6. Pure Circle 11.6.1. Financial Overview 11.6.2. Products Offered 11.6.3. Key Developments 11.6.4. SWOT Analysis 11.6.5. Key Strategies 11.7. SBS Food 11.7.1. Financial Overview 11.7.2. Products Offered 11.7.3. Key Developments 11.7.4. SWOT Analysis 11.7.5. Key Strategies 11.8. Stevia First 11.8.1. Financial Overview 11.8.2. Products Offered 11.8.3. Key Developments 11.8.4. SWOT Analysis 11.8.5. Key Strategies 11.9. Great American Spice Company 11.9.1. Financial Overview 11.9.2. Products Offered 11.9.3. Key Developments 11.9.4. SWOT Analysis 11.9.5. Key Strategies 11.10. Advanced Food Technologies 11.10.1. Financial Overview 11.10.2. Products Offered 11.10.3. Key Developments 11.10.4. SWOT Analysis 11.10.5. Key Strategies 11.11. Kohjin Life Sciences 11.11.1. Financial Overview 11.11.2. Products Offered 11.11.3. Key Developments 11.11.4. SWOT Analysis 11.11.5. Key Strategies 11.12. Cargill 11.12.1. Financial Overview 11.12.2. Products Offered 11.12.3. Key Developments 11.12.4. SWOT Analysis 11.12.5. Key Strategies 11.13. Sweet Green Fields 11.13.1. Financial Overview 11.13.2. Products Offered 11.13.3. Key Developments 11.13.4. SWOT Analysis 11.13.5. Key Strategies 11.14. Frutarom 11.14.1. Financial Overview 11.14.2. Products Offered 11.14.3. Key Developments 11.14.4. SWOT Analysis 11.14.5. Key Strategies 11.15. GLG Life Tech 11.15.1. Financial Overview 11.15.2. Products Offered 11.15.3. Key Developments 11.15.4. SWOT Analysis 11.15.5. Key Strategies 12. APPENDIX 12.1. References 12.2. Related Reports LIST OF TABLES TABLE 1. LIST OF ASSUMPTIONS TABLE 2. SOUTH KOREA STEVIA MARKET SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD BILLIONS) TABLE 3. SOUTH KOREA STEVIA MARKET SIZE ESTIMATES & FORECAST, BY NATURE, 2019-2035 (USD BILLIONS) TABLE 4. SOUTH KOREA STEVIA MARKET SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD BILLIONS) TABLE 5. SOUTH KOREA STEVIA MARKET SIZE ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2019-2035 (USD BILLIONS) TABLE 6. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL TABLE 7. ACQUISITION/PARTNERSHIP LIST OF FIGURES FIGURE 1. MARKET SYNOPSIS FIGURE 2. SOUTH KOREA STEVIA MARKET ANALYSIS BY TYPE FIGURE 3. SOUTH KOREA STEVIA MARKET ANALYSIS BY NATURE FIGURE 4. SOUTH KOREA STEVIA MARKET ANALYSIS BY APPLICATION FIGURE 5. SOUTH KOREA STEVIA MARKET ANALYSIS BY DISTRIBUTION CHANNEL FIGURE 6. KEY BUYING CRITERIA OF STEVIA MARKET FIGURE 7. RESEARCH PROCESS OF MRFR FIGURE 8. DRO ANALYSIS OF STEVIA MARKET FIGURE 9. DRIVERS IMPACT ANALYSIS: STEVIA MARKET FIGURE 10. RESTRAINTS IMPACT ANALYSIS: STEVIA MARKET FIGURE 11. SUPPLY / VALUE CHAIN: STEVIA MARKET FIGURE 12. STEVIA MARKET, BY TYPE, 2025 (% SHARE) FIGURE 13. STEVIA MARKET, BY TYPE, 2019 TO 2035 (USD Billions) FIGURE 14. STEVIA MARKET, BY NATURE, 2025 (% SHARE) FIGURE 15. STEVIA MARKET, BY NATURE, 2019 TO 2035 (USD Billions) FIGURE 16. STEVIA MARKET, BY APPLICATION, 2025 (% SHARE) FIGURE 17. STEVIA MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions) FIGURE 18. STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2025 (% SHARE) FIGURE 19. STEVIA MARKET, BY DISTRIBUTION CHANNEL, 2019 TO 2035 (USD Billions) FIGURE 20. BENCHMARKING OF MAJOR COMPETITORS

South Korea Stevia Market Segmentation

Stevia Market By Type (USD Million, 2019-2035)
- Liquid Extract
- Powder Extract
- Stevia Leaves

Stevia Market By Nature (USD Million, 2019-2035)
- Organic
- Regularaa

Stevia Market By Application (USD Million, 2019-2035)
- Residential/Retail
- Commercial
- Dairy and Frozen Desserts
- Bakery and Confectionery
- Sweet and Savory Snacks
- Tabletop Sweeteners
- Packaged Food Products
- Beverages
- Dietary Supplements
- Others

Stevia Market By Distribution Channel (USD Million, 2019-2035)
- Offline
- Online

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“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

South Korea Stevia Market