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Natural Sweeteners Market Size, Share & Trends Analysis Report By Type, By Application, By Region, And Segment Forecasts, 2021 - 2027
Published Date: July 2021
|
Report Code: QYRE-Othe-1O414
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Natural Sweeteners Market
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Natural Sweeteners Market Size, Share & Trends Analysis Report By Type, By Application, By Region, And Segment Forecasts, 2021 - 2027

Code: QYRE-Othe-1O414
Report
July 2021
Pages:142
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Natural Sweeteners Market Overview 2027

In 2020, the global Natural Sweeteners market size was US$ 21630 million and it is expected to reach US$ 27940 million by the end of 2027, with a CAGR of 3.7% during 2021-2027. Natural sweeteners, in comparison to nonnutritive sweeteners, contain calories and nutrients, are metabolized, and change as they pass through the body. They include agave nectar, brown rice syrup, date sugar, honey, maple syrup, molasses and blackstrap molasses, sorghum syrup and stevia.

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The increasing demand for Natural Sweeteners drives the market. High disposable incomes and growing population are key drivers to boost the growth of Natural Sweeteners market. Advancement in technology and new product development is expected to bring about various improvements in sugar substitutes market. Increasing concerns towards growing health problems such as obesity and diabetes coupled with sugar taxes in numerous countries is likely to draw attention towards adopting non-caloric products based on natural sweeteners. Increasing prevalence of chronic diseases such as obesity and diabetes also lead to growth of market. Asia Pacific Excluding Japan (APEJ) is expected to remain dominant during the forecast period.

Growing consumer awareness about the ill effects of excessive sugar intake, such as weight gain, diabetes, blood pressure, and heart problems, obliges consumers to opt for low-calorie sugar alternatives, thus promoting the growth of the natural sweeteners market size. Furthermore, manufacturers' efforts to develop high-quality formulations at a lower price are expected to increase the acceptance of natural sweeteners among consumers and, in turn, drive the natural sweeteners market size.

Natural sweeteners' ability to reduce calorie intake without compromising on the taste and flavour of the product is expected to fuel the natural sweeteners market size during the forecast period. In addition, governments and regulatory bodies' growing efforts in different countries to encourage food and beverage manufacturers to reduce the sugar content of their products is likely to promote the growth of the natural sweeteners market size.

Manufacturers might face some difficulties in developing formulations for the incorporation of natural sweeteners in applications such as cookies, which could impede the growth of the natural sweeteners market size to some extent during the forecast period.

This report focuses on Natural Sweeteners volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Natural Sweeteners market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Natural Sweeteners Market Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Natural Sweeteners Market Regional Analysis

North America is expected to hold the largest natural sweeteners market share during the forecast period. This dominance of North America is attributed to the increasing sports activities and raising awareness about calorie intake in the region. Furthermore, increased consumption of sweets and chocolates on special occasions and festivals such as birthdays, Christmas and Halloween also augment the growth of the natural sweeteners market size in this region.

Asia Pacific region is expected to witness the highest growth rate during the forecast period. This rapid growth of the Asia-Pacific region is attributed to change in consumer preference. As consumers are increasingly concentrating on maintaining weight and following different diets for maintaining good health, the region is expected to provide lucrative growth opportunities.

The research report includes a detailed study of regions of North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2016 to 2027. These analyses will help the reader to understand the potential worth of investment in a particular region.

Natural Sweeteners Market Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2016 to 2020.

Natural Sweeteners Market by Type

  • High Intensity
  • Low Intensity

Natural Sweeteners Market by Application

  • Bakery Goods
  • Sweet Spreads
  • Confectionery and Chewing Gums
  • Beverages
  • Dairy Products

Leading Players in the Natural Sweeteners Market

  • Madhava Natural Sweeteners
  • Truvia
  • SweetLeaf Stevia
  • Tate & Lyle
  • Whole Earth Sweetener
  • Imperial Sugar
  • Herboveda
  • Sunwin Stevia International
  • Morita Kagaku Kogyo
  • ABF Ingredients
  • Evolva
  • Galam Group
  • GLG Lifetech
  • Merisant
  • Ohly
  • Pure Circle
  • Zevia

Scope of the Natural Sweeteners Market Report

Report Metric

Details

Report Name

Natural Sweeteners Market

The market size in 2020

USD 21630 Million

The revenue forecast in 2027

USD 27940 Million

Growth Rate

Compound Annual Growth Rate (CAGR) of 3.7% from 2021 to 2027

Market size available for years

2021-2027

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. What is the current market size for Natural Sweeteners Market?

Ans. In 2020, the global Natural Sweeteners market size was US$ 21630 million and it is expected to reach US$ 27940 million by the end of 2027, with a CAGR of 3.7% during 2021-2027.

2. Who are the top companies hold the market share in the Natural Sweeteners Market?

Ans. The top companies operating in the Natural Sweeteners Market include Madhava Natural Sweeteners, Truvia, SweetLeaf Stevia, Tate & Lyle, Whole Earth Sweetener, Imperial Sugar, Herboveda, Sunwin Stevia International, Morita Kagaku Kogyo, ABF Ingredients, Evolva, Galam Group, GLG Lifetech, Merisant. Ohly. Pure Circle, Zevia

3. What are the market drivers in the global Natural Sweeteners Market?

Ans. Major factors driving the growth of natural sweeteners market size are high disposable incomes, growing population, advancements in technology, and new product development. 

4. Which region dominated in the global Natural Sweeteners Market share?

Ans. North America is expected to hold the largest natural sweeteners market share during the forecast period

5. What would be the forecast period in the Natural Sweeteners Market Report?

Ans. The forecast period for Natural Sweeteners Market is 2021 to 2027.

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