Published Date: March 2024
Natural Sweetener are considered as added sugars which includes, honey, maple syrup, agave nectar, and other forms of sugar favored for being more natural. Some common natural sweeteners are dates, molasses, coconut sugar, honey, etc. Natural Sweetener also play an important role in increasing shell life of food items.
Rising preference for natural sweetener over synthetic sweetener has become major contribution in target market growth. Further, increasing health awareness among individual, rising demand for natural and healthier food, growing demand for sugar alternatives and change in lifestyle and dietary of an individual is expected to facilitate Natural Sweetener market growth in coming years.
The report “Natural Sweetener Market, By Product Type (High Intensity and Low Intensity), By Application (Bakery Goods, Sweet Spreads, Confectionary, Chewing Gums), By End User (Food and Beverages, Pharmaceuticals, and Personal Care), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034
Key Highlights:
- In April 2021, Manus Bio launched next-generation Natural Zero Calorie Sweetener in United States under its iconic brand “NutraSweet NaturalTM “a plant-based sweetener with 100% pure tasting sweetness. New launched “NutraSweet NaturalTM “ created by isolating sweetest and purest part of stevia leaf and incorporating them into proprietary blend for creating taste of sugar without any calories.
- In August 2022, Luker Chocolate launched new natural sweetener range of covertures which includes, stevia and erythritol with less sugar to meet consumer demand. New launched range includes, erythritol & stevia 70% sugar-free dark chocolate, erythritol & stevia 40% no-added sugar milk chocolate, maltitol-sweetened and allulose for specific markets.
Analyst View:
The key factor driving the growth of the Natural Sweetener market is increasing demand for Natural Sweetener over synthetic sweetener. Growing population and rising food & beverage industries has further driven the target market growth. Furthermore, growing applications of natural sweetener in developed and developing countries owing to low calorie and natural content properties, expansion of consumer-base for beverage products and expansion of new launch products is anticipated to increase demand for Natural Sweetener over the forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Natural Sweetener Market, By Product Type (High Intensity and Low Intensity), By Application (Bakery Goods, Sweet Spreads, Confectionary, Chewing Gums), By End User (Food and Beverages, Pharmaceuticals, and Personal Care), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”
Key Market Insights from the report:
Natural Sweetener Market accounted for US$ 3.6 billion in 2024 and is estimated to be US$ 5.2 billion by 2034 and is anticipated to register a CAGR of 4.20%. The Natural Sweetener Market is segmented based on Product Type, Application, End-User and Region.
- Based on Product Type, Natural Sweetener Market is segmented into High Intensity and Low Intensity.
- Based on Application, Natural Sweetener Market is segmented into Bakery Goods, Sweet Spreads, Confectionary, Chewing Gums.
- Based on End-User, Natural Sweetener Market is segmented into Food and Beverages, Pharmaceuticals, and Personal Care.
- By Region, the Natural Sweetener Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Natural Sweetener Market:
The prominent players operating in the Natural Sweetener Market includes, MacAndrews & Forbes Incorporated, Tate & Lyle PLC, Niutang Chemical Ltd., DuPont, Cargill, Incorporated, Ajinomoto Co. Inc., Archer Daniels Midland Company, Symrise AG, Nestlé S.A., Associated British Foods PLC., and others.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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- Explains an overview of the product portfolio, including product development, planning, and positioning
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- Detailed analysis of the market revenue over the forecasted period.
- Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
- Study on the segments that are anticipated to dominate the market.
- Study on the regional analysis that is expected to register the highest growth over the forecast period
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