This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Read More

Naturally Derived Sweeteners Market

Naturally Derived Sweeteners Market

Naturally Derived Sweeteners Market

Naturally Derived Sweeteners Market by Product Type (Stevia, Palm Sugar), Form (Powder, Liquid) & Region - Forecast 2022 - 2032

Naturally derived sweeteners market - Overview

[350 Pages Report] Naturally derived sweeteners market size is estimated to reach a valuation of USD 9.6 Bn by 2022 and exceed USD 17 Bn by 2032, growing at a CAGR of 5.9% during the forecast period 2022-2032.

Attribute

Details

Market Size Value in 2022

USD 9.6 Bn

Market Forecast Value in 2032

USD 17 Bn

Global Growth Rate

5.9%

Forecast Period

2022-2032

In recent years, the global natural sweeteners market has seen increasing trends. The growth of this industry is primarily driven by an increase in consumer health consciousness, which encourages demand for healthier food options, an increase in demand for natural sweeteners due to a shift in consumer preferences toward organic products, and a growing demand for alternatives of sugar in a variety of food and beverage applications.

Other factors boosting demand for these natural sweeteners include their increasing use in the food and beverage industry, particularly in emerging and impoverished nations, due to their low-calorie and naturally sweetening qualities. However, concerns such as ambiguity about health problems caused by excessive usage of natural sweeteners are impeding the growth of the natural sweeteners industry.

Health Awareness to propel Naturally Derived Sweeteners Market Growth

As people become more aware of healthcare options, they are becoming more cognizant of their dietary needs. As a result, customers are moving their preferences toward healthy and natural goods when it comes to food and beverage consumption, supporting the growth of the Naturally Derived Sweeteners Market.

 Because of the rising prevalence of diabetes and obesity among consumers around the world, there is a significant increase in demand for low-calorie and sugar-free products, which is expected to boost the growth of the Naturally Derived Sweeteners Market.

Regional Analysis

In 2021, East Asia had the largest market share, accounting for 37.8% of the total. Growing demand for stevia products, high availability of raw materials, and increased investment by big corporations are all contributing to this segments’ growth.

The market is being driven by the increased use of low-calorie and sugar-free goods among the diabetic population in the region. Due to reasons such as increased health awareness among consumers and increasing demands for natural sweeteners in beverages and food as well as pharmaceuticals, East Asia is expected to be the fastest 

Category-wise Analysis

Application in Food and Beverage Segment is Boosting the Application Segment

 Due to a rising shift in consumer preference toward natural sugar and increased demand for new products from customers, the Food and Beverage industry held the highest share in 2021. The market is developing due to an increase in demand for natural goods in food and beverages as a result of rising health consciousness among consumers.

Because of the growing demand for natural goods in pharmaceuticals and increased research & development efforts, the pharmaceuticals segment is expected to be the fastest expanding category. Natural sweeteners are in high demand in pharmaceuticals due to their non-toxic nature.

Stevia category to hold major part of Naturally Derived Sweeteners product segment

Because of the increased demand for low-calorie goods, the stevia category had the biggest share in 2021. Stevia is made up of eleven main steviol glycosides and does not add carbs or calories to the foods or beverages to which it is added. The diabetic population's rising demand for stevia products is propelling the industry forward.

During the projection period 2022-2032, coconut sugar is expected to be the fastest expanding category, with a CAGR of 6.4%. This is due to reasons including rising demand for natural goods and increased knowledge of the health advantages of coconut products.

 

Competition Landscape: Top Modified Naturally Derived Sweeteners Manufacturers

Businesses in the naturally derived sweeteners industry are increasingly more engaged with beginning tactics such as focused marketing, CSR initiatives, and other strategies in order to increase their global significance. A notable tendency that can be seen across the board is that these businesses are now attempting to handle a certain business-related activity in a nation with favourable legislation so that they are able to save expenses while still employing industry experts at important points in their operations.

 Authorities in growing nations such as India, China, Taiwan, and Indonesia, among others, are pursuing policies to entice foreign investors into their manufacturing sectors by cutting trade taxes and levies in order to create more employment.

According to the market research E. I. du Pont de Nemours Company, Archer Daniels Midland Company, Merisant Company, Tate & Lyle PLC, Cargill, Madhava Natural Sweeteners, PureCircle Limited, Herboveda India Pvt. Ltd.

GLG Lifetech Corporation Wisdom Natural Brands (SweetLeaf Stevia), are among the key players in the naturally derived sweeteners market.

Scope of the Report

Attribute

Details

Market Size Value in 2022

USD 9.6 Bn

Market Forecast Value in 2032

USD 17 Bn

Global Growth Rate

5.9%

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

MT for Volume and USD Bn for Value

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East and Africa

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others.

Key Market Segments Covered

Nature, From, Product, End Use, and Region

Key Companies Profiled

Pricing

Available upon Request

Sign Up with MarketNgage

World's Most Profilic Intelligence Engine

Get Access To The World's Largest Market Research Database.

Sign Up Now

Global Naturally Derived Sweeteners Market Segmentation

By Product Type:

  • Stevia
  • Palm Sugar
  • Coconut Sugar
  • Honey
  • Maple Syrup
  • Monk Fruit Sugar
  • Agave Syrup
  • Lucuma Fruit Sugar
  • Molasses
  • Natural Sweetener Blends

By Form:

  • Powder
  • Liquid
  • Crystals

By Nature:

  • Organic
  • Conventional

By End Use:

  • Food
    • Bakery Goods
    • Sweet Spreads
    • Confectionery
    • Dairy Products
    • Canned Food
    • Others
  • Beverages
    • Powdered Drinks and Mixes
    • Carbonated Drinks
    • Fruit Drinks & Juice
    • Others
  • Personal Care
  • Pharmaceuticals
  • Tabletop Sweetener

Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Key Questions Answered in the Report

How much is the naturally derived sweeteners market current worth?

Currently naturally derived sweeteners market is worth more than USD 9.1 Bn.
Naturally derived sweeteners consumption is expected to grow at a CAGR of around 5.9% during the period 2022-2032.
In terms of revenue, naturally derived sweeteners grew at a CAGR of around 4.7% during 2017-2021.
The primary factor driving the growth of the naturally derived sweeteners market is the rising consumer health consciousness.
Market players are opting for technological advancement, new product developments and production capacity expansion.
The top 5 producers of naturally derived sweeteners hold around 21% of the market share.
The US, India, and China are the major countries driving demand for naturally derived sweeteners.
The major players involved in the naturally derived sweeteners market are E. I. du Pont de Nemours Company, Archer Daniels Midland Company, Merisant Company, Tate & Lyle PLC, Cargill, Madhava Natural Sweeteners, PureCircle Limited, Herboveda India Pvt. Ltd. GLG Lifetech Corporation Wisdom Natural Brands (SweetLeaf Stevia),.
East Asia holds around 37.8% of the total naturally derived sweeteners revenue share.
US naturally derived sweeteners market is projected to grow at a CAGR of around 4.5% over the next ten years.

Need specific information?

Our Clients

Food and Beverage

View All Reports from Food and Beverage

View Reports

Recommendations

Food

Vegan Cat Food Market

Published : 2021-07-29

Food

Vegan Dog Food Market

Published : 2021-08-03