Natural Sweeteners Market Research Report
The GMI Research forecasts that the natural
sweeteners market is witnessing an upsurge in demand over the forecast
period. This is mainly due to the significantly changing consumer preferences
for naturally sourced ingredients in their foods and beverages, along with the
growing adoption of stevia as a sugar alternative.
Introduction
of the Natural Sweeteners Market:
Natural sweeteners refer to carbohydrates acquired from
vegetables, trees, seeds, roots, and nuts. Sweeteners are calorie-free and are
used as a healthy substitute for sugar. The frequently used natural sweeteners
are honey, date sugar, coconut sugar, molasses, maple syrup, and xylitol. Some
sweeteners are also known as natural sweeteners as they are created by nature,
while others are made synthetically and named artificial sweeteners.
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Natural
Sweeteners Market Dynamics
The primary factor contributing to the growth of the natural
sweeteners market includes significantly changing consumer preferences for
naturally sourced ingredients in their foods and beverages. A drastic shift in
consumers' preference towards beverages with less sugar content is growing
steadily, thereby promoting the companies to replace conventional sugar with
alternatives, such as artificial and natural sweeteners. Furthermore, another
factor boosting the growth of the natural sweeteners market is the growing
adoption of stevia as a sugar alternative. Stevia is a popular natural
sweetener during the forecast period. Increasing consumer preference towards
products produced from natural ingredients has led to the growing adoption of
stevia in the food & beverage industry owing to its diverse applicability
from fruit, dairies, sauces, confectionaries to alcoholic and non-alcoholic
drinks. Additionally, increasing obesity and diabetes are a vital concern among
the rising population, which is further surging the growth of the natural
sweeteners market.
Despite facing challenges presented by using stevia, several
food & beverage manufacturers have focused on innovating and developing
products. For instance, Coca-Cola and Pure Circle have collaborated and
launched a new Coca-Cola Stevia No Sugar product in New Zealand, using a stevia
glycoside Reb M, which imparts a sweetness like sugar with no aftertaste.
Numerous food & beverage producers have followed suit and incorporated
stevia as the preferred sweetening agent in their products, thus enhancing the
demand of the natural sweetener market. Extended government approvals in
various economies for the use of artificial sweeteners is propelling the growth
of the sweeteners market. In addition to this, the rising demand for the
beverage industry will further accelerate the growth of the natural sweeteners
market. On the other edge of the spectrum, the high cost of natural sweeteners
due to high production costs in their manufacturing will hinder the growth of
the sweeteners market.
Key
Players of the Global Natural Sweeteners Market:
·
Cargill, Incorporated
·
Ajinomoto Co., (Thailand) Ltd.
·
ADM
·
Celanese Corporation
·
Naturex
·
GLG LIFE TECH CORP
·
Anhui Bi Lv Chun Biotechnology Co Ltd
·
NutraSweet Co.
·
PureCircle
·
Roquette Frères
Natural Sweeteners Market Segmentation:
Global Natural Sweeteners Market Report
Segment by Type:
·
Stevia
·
Xylitol
·
Sorbitol
·
Mannitol
·
Erythritol
·
Others
Global Natural Sweeteners Market Report Segment by Application:
·
Beverages
·
Food Products
o
Confectionery
o
Baked
Products
o
Frozen
Desserts
o
Others
Global Natural Sweeteners Market Report
Segment by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI
Research
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