The natural sweeteners global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Natural Sweeteners Market, 2024 report
by The Business Research Company offers comprehensive insights into the current
state of the market and highlights future growth opportunities.
Market Size -
The natural sweeteners market size has grown strongly in recent years. It will
grow from $5.71 billion in 2023 to
$6.09 billion in 2024 at a compound
annual growth rate (CAGR) of 6.7%.
The growth in the historic period
can be attributed to increased health consciousness, rise in demand for
low-calorie alternatives, consumer preference for natural ingredients,
regulatory support for natural sweeteners, implementation of sugar taxes.
The natural sweeteners market size is expected to see strong growth in the next
few years. It will grow to $7.95 billion
in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be
attributed to increasing demand for low-calorie and sugar-free food and
beverages, rising diabetic population, growing market for functional foods and
beverages, clean label regulations, urbanization in developing countries. Major
trends in the forecast period include monk fruit's emerging popularity,
plant-based and vegan diet , sustainable sourcing, blending natural sweeteners,
functional sweeteners with prebiotic or probiotic properties.
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Scope Of Natural Sweeteners Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Natural Sweeteners Market Overview
Market Drivers -
The increasing prevalence of diabetes and obesity is expected to propel the
growth of the natural sweeteners market in the coming years. A large portion of
the population is choosing low sugar options to manage their diabetes and
obesity conditions. Many individuals are switching from refined table sugar and
high-fructose corn syrup to natural sweeteners because they are a healthier
alternative to refined sugars and can help people lose weight. For instance, in
2022, Centers for Disease Control and Prevention, a US-based national public
health agency, around 37.3 million people are suffering from diabetes which
equals 11.3% of the United States population. Additionally, according to the
International Diabetes Federation’s December 2021 report, a Belgium-based
leading global diabetes community approximately 537 million adults are
suffering from diabetes globally, whereas 3 out of 4 adults are in low- and
middle-income countries. Therefore, the increasing prevalence of diabetes and
obesity drives the growth of the natural sweeteners market.
The natural sweeteners market covered in this report is segmented –
1) By Type: Stevia, Sorbitol, Xylitol, Mannitol, Erythritol, Sweet Proteins,
Other Types
2) By Application: Bakery Goods, Sweet Spreads, Confectionery And Chewing Gums,
Beverages, Dairy Products, Other Applications
3) By End-User: Food And Beverages, Pharmaceutical, Direct Sales, Other
End-Users
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Regional Insights -
North America was the largest region in the natural sweeteners market in 2023.
The regions covered in the natural sweeteners market report include
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East and Africa.
Key Companies -
Major companies operating in the natural sweeteners market include Associated British Foods.,
Archer-Daniels-Midland Company, Cargill Inc., E.I. du Pont de Nemours &
Company, FoodChem International Corporation, Galam Ltd., GLG Life Tech Corp,
Herboveda India, Imperial Holly Corporation, Ingredion Inc., Madhava Foods
Ltd., Merisant UK Ltd., Morita Kagaku Kogyo Co. Ltd., Ohly GmbH, Associated
British Foods plc, DSM NV, Ecogreen Oleochemicals Pvt Ltd., Fooditive B.V,
Hearthside Food Solutions LLC, Koninklijke, MacAndrews & Forbes Holdings
Inc., Madhava Ltd., Nestle SA, Pyure Brands LLC, Saganà Association, Stevia
Biotech Pvt. Ltd., Suminter India Organics Pvt. Ltd., The Real Stevia Company,
Wilmar International Ltd., XiliNat
Table of Contents
1. Executive Summary
2. Natural Sweeteners Market Report
Structure
3. Natural Sweeteners Market Trends And
Strategies
4. Natural Sweeteners Market – Macro
Economic Scenario
5. Natural Sweeteners Market Size And
Growth
…..
27. Natural Sweeteners Market Competitor
Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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