Sweeteners are the substances used to enhance the palatability and shelf life of food products. Sugars occur naturally in many plant foods. Most of the common sweeteners are gained by processing these plants such as agave cacti, maple trees, sugar cane, coconut palms, sugar beets, and corn to extract and condense the sugars. Natural sweeteners are gaining high importance and demand due to increasing health concerns over the consumption of sugar as well as problems related to the safety of some nonnutritive artificial sweeteners. Natural sugars have wide application in the industries, including food processing, pharmaceuticals, personal care, and others, which in turn creating demand for the various natural sweeteners.
MARKET DYNAMICS
The natural sweeteners market has witnessed significant growth owing to factors such as the increasing demand for diverse alternates, including low-intensity sweeteners, high-intensity sweeteners, and high fructose corn syrup in food & beverage as well as in healthcare industry. There are several health benefits associated with the calories contained natural sweeteners compared to artificial sweeteners as natural sweeteners contain more fiber, helps to regulate sugar absorption by the body, and lower the glycemic index. These factors are expected to boost the market for natural sweeteners in the near future. Furthermore, growing awareness among consumers towards diabetes and other chronic health problem is boosting the growth of the natural sweeteners' demand worldwide. However, the manufacturing cost of natural sweeteners is high as compared to normal sugar is a key factor restraining the growth of the target market. Nevertheless, with technological advancement and innovative product development, market players can gain profit by investing in this market.
MARKET SCOPE
The "Global Natural Sweeteners Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the natural sweeteners market with detailed market segmentation by product type, distribution channel, and geography. The global natural sweeteners market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading natural sweeteners market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global natural sweeteners market market is segmented on the basis of type and application. On the basis of type, the natural sweeteners market is segmented into stevia, xylitol, erythritol, agave, coconut sugar, date sugar, and others. The natural sweeteners market on the basis of the application is classified into food and beverages, pharmaceuticals, personal care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global natural sweeteners market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The natural sweeteners market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the natural sweeteners market market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the natural sweeteners market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global natural sweeteners market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from natural sweeteners market are anticipated to lucrative growth opportunities in the future with the rising demand for natural sweeteners market in the global market. Below mentioned is the list of few companies engaged in the natural sweeteners market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the natural sweeteners market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Wilmar International Limited
- Archer Daniels Midland Company
- Tate and Lyle PLC
- Ingredion Incorporated
- Koninklijke DSM N.V.
- Raizen S.A.
- Associated British Foods plc
- Cargill, Inc
- DuPont de Nemours, Inc.
- Symrise AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.