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

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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