Natural Sweeteners Market to Reach $4.72 Billion by 2028
Dec 02, 2021
Emergen Research has recently added a new report titled Global Natural Sweeteners Market that provides an extensive analysis of the Natural Sweeteners market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Natural Sweeteners market.
This steady revenue growth can be attributed to increasing shift towards natural sweeteners due to potential health risks associated with artificial sweeteners and long-term use. Artificial sweeteners, though marked as a zero-calorie food additive, are known to worsen the metabolic syndrome, and are found to potentiate the effects of type 2 diabetes. The side effects of prolonged consumption of artificial sweeteners can range from obesity, headaches, and cardiovascular diseases, to impairment of liver and kidney functions. These factors are expected to drive demand for natural sweeteners among health-conscious consumers.
The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.
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Dairy processors are investing in development of novel technologies to sweeten products without incorporating extra calories as consumers are reducing consumption of intensely sweetened dairy-based products. Increasing need for alternatives that are natural and have low-calorific value to sweeten dairy products, which would decrease the sugar content while maintaining the body, texture, and mouthfeel, is expected to continue to drive adoption of stevia among dairy product manufacturing companies. High heat resistance of stevia makes it a suitable option for dairy products since it maintains its stability when subjected to heat or during baking and preparation.
The global Natural Sweeteners market is expected to reach USD 4.72 billion in 2028 from its valuation of USD 2.93 billion in 2020 at a CAGR of 6.2% during the forecast period. Rapid technological advancements and economic growth are key factors expected to drive market growth over the forecast period. The report further provides a comprehensive analysis of the competitive landscape and provides a complete coverage with regards to company’s profiles, product portfolio, revenue generation, financial standing and market position.
Top Companies Operating in the Natural Sweeteners Market and Profiled in the Report are:
DuPont, Archer-Daniels-Midland Company, Tate & Lyle PLC, Ingredion Incorporated, Cargill, Inc., Roquette Frères, Foodchem International Corporation, Evolva Holding SA, Purecircle, and Madhava, Ltd.
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It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.
Regional analysis of the Natural Sweeteners market includes analysis of the production and consumption ratio, supply and demand dynamics, regional trends and growth drivers, growth prospects, presence of key manufacturers and vendors, and market size and share in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The report further offers key insights into country wise analysis and major factors driving revenue growth of each regional market.
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Some Key Highlights in the Report
In July 2020, Tate & Lyle PLC announced the launch of SWEETENER-VANTAGE Expert Systems. The SWEETENER-VANTAGE Expert Systems is a set of innovative and new sweetener solution tools that are designed to assist formulators in producing sugar-reduced food and drinks using low calories sweeteners.
Food & beverages segment accounted for largest revenue share of 2020. Food and beverage manufacturers are investing in development of superior quality natural sweeteners, which is expected to drive growth of the natural sweeteners market during the forecast period.
Stevia segment revenue is expected to expand at a rapid CAGR during the forecast period. Diabetes patients are increasingly adopting natural sweeteners such as stevia as it is better in reducing postprandial glucose and insulin levels in comparison to other sweeteners.
North America accounted for largest revenue share contribution to the global natural sweeteners market in 2020. Growing prevalence of obesity, diabetes, and cardiovascular diseases among consumers in countries in the region is resulting in reducing sugar intake and increasing demand for natural sweeteners.
Detailed Regional Analysis Covers:
- North America
- Rest of EU
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Emergen Research has segmented the global natural sweeteners market on the basis of application, type, and region:
Application Outlook (Revenue, USD Billion; 2021–2028)
Food & Beverages (Confectionery Products, Fruit Juices, Dairy Products, Bakery Products, Carbonated Drinks)
Type Outlook (Revenue, USD Billion; 2021–2028)
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Thank you for reading our report. The report can be customized as per requirement. Please get in touch with us for further inquiry and we will ensure you get the report best suited for your needs.
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