Naturally Derived Sweeteners Market is expected to grow with a CAGR of 5.9% during the forecast period 2022 to 2032
Zion Market Research has published a new report titled “Naturally Derived Sweeteners Market: by Product Type (Stevia, Palm Sugar, Coconut Sugar, Honey, Maple Syrup, Monk Fruit Sugar, Agave Syrup, Lucuma Fruit Sugar, Molasses, and Natural Sweetener Blends), By Nature (Organic and Conventional) and by End-Use (Food, Beverages, Pharmaceuticals, Personal Care, and Tabletop Sweetener): Global Industry Perspective, Comprehensive Analysis, and Forecast.
According to the report, the Naturally derived sweeteners market size is estimated to reach a valuation of USD 9.6 Billion by 2022 and exceed USD 17 Bn by 2032, growing at a CAGR of 5.9% during the forecast period 2022 to 2032.
There has been a sparkling demand for natural sweeteners across the globe owing to the growing health issues among individuals. “Natural or organic eating” trends have been spreading worldwide among consumers. This has enabled manufacturers to focus on sales of plant-based sweeteners. For instance, sales of stevia sweetener — led by Truvia Natural Sweetener — have eclipsed sales of artificial sweeteners including aspartame, sucralose, and saccharin. According to some studies, stevia sales had grown 11.9 percent year over year, while artificial sweetener sales were down an average of 6.6 percent. There has been a burgeoning demand for plant-based sugars as they are low in calories. Plant-based sugars have been determined to be safe for use by the general population, including children. The Acceptable Daily Intake (ADI) has been set at four milligrams per kilogram of body weight.
Based on product type, the global naturally derived sweeteners market has been classified into stevia, palm sugar, coconut sugar, honey, maple syrup, monk fruit sugar, agave syrup, lucuma fruit sugar, molasses, and natural sweetener blends. Based on end-use, the global naturally derived sweeteners market has been classified into food, beverages, pharmaceuticals, personal care, and tabletop sweetener. The food segment is expected to have the largest market share in terms of revenue owing to shifting consumer preference towards natural sugar. In the food and beverage industry, increasing demand for low-calorie sugars has become a top priority for consumers for health concerns to lead a better lifestyle. Moreover, growing health concerns among individuals over the consumption of artificial sugars have indirectly paved the way for the market.
The global naturally derived sweeteners market has been segmented into direct sales and indirect sales based on the sales channel. The direct sales segment is anticipated to gain maximum market share over the forecast period. As most of the natural sweeteners are available in the market and are used in the food processing industry because of which direct B2B sales are in demand.
Some of the major players operating in the global naturally derived sweeteners market are -
- E. I. du Pont de Nemours and Company
- Tate & Lyle PLC
- Cargill
- Archer Daniels Midland Company
- Merisant Company
- Herboveda India Pvt. Ltd.
- GLG Lifetech Corporation
- Madhava Natural Sweeteners
- PureCircle Limited
- Wisdom Natural Brands (SweetLeaf Stevia)
This report segments the global naturally derived sweeteners market as follows:
Global Naturally Derived Sweeteners Market: Product Type Segment Analysis
- Stevia
- Palm Sugar
- Coconut Sugar
- Honey
- Maple Syrup
- Monk Fruit Sugar
- Agave Syrup
- Lucuma Fruit Sugar
- Molasses
- Natural Sweetener Blends
Global Naturally Derived Sweeteners Market: Nature Segment Analysis
- Organic
- Conventional
Global Naturally Derived Sweeteners Market: End-Use Segment Analysis
- Food
- Beverages
- Pharmaceuticals
- Personal Care
- Tabletop Sweeteners
Global Naturally Derived Sweeteners Market: Regional Segment Analysis
- North AmericaU.S.
- EuropeUKFranceGermany
- Asia PacificChinaJapanIndia
- Latin AmericaBrazil
- Middle East and Africa
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us — after all — if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States Tel: +49–322 210 92714 USA/Canada Toll-Free №1–855–465–4651 Email: sales@zionmarketresearch.com Website: https://www.zionmarketresearch.com