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Natural Sweeteners Market Report 2024: Strategies And Recent Developments | Associated British Foods., Archer-Daniels-Midland Company, Cargill Inc., E.I. du Pont de Nemours & Company, FoodChem International Corporation, Galam Ltd., GLG Life Tech Corp, Her

Natural Sweeteners  Market Size

Natural Sweeteners Market Size

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2569

The Business Research Company offers in-depth market insights through Natural Sweeteners Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The natural sweeteners market size has grown strongly in recent years. It will grow from $5.71 billion in 2023 to $6.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increased health consciousness, rise in demand for low-calorie alternatives, consumer preference for natural ingredients, regulatory support for natural sweeteners, implementation of sugar taxes.

The natural sweeteners market size is expected to see strong growth in the next few years. It will grow to $7.95 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for low-calorie and sugar-free food and beverages, rising diabetic population, growing market for functional foods and beverages, clean label regulations, urbanization in developing countries. Major trends in the forecast period include monk fruit's emerging popularity, plant-based and vegan diet , sustainable sourcing, blending natural sweeteners, functional sweeteners with prebiotic or probiotic properties.

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Market Segmentation:
The main types of natural sweeteners are stevia, sorbitol, xylitol, mannitol, erythritol, sweet proteins, and others. Stevia is a type of natural sweetener that is manufactured from a leaf related to popular garden flowers like asters and chrysanthemums. The different applications include bakery goods, sweet spreads, confectionery, and chewing gums, beverages, dairy products, others and used by various sectors such as food and beverages, pharmaceutical, direct sales, others.

Major Driver - Rising Diabetes And Obesity Rates Fuel Surge In Natural Sweeteners Market As Health-Conscious Consumers Seek Low-Sugar Alternatives
The increasing prevalence of diabetes and obesity is expected to propel the growth of the natural sweeteners market in the coming years. A large portion of the population is choosing low sugar options to manage their diabetes and obesity conditions. Many individuals are switching from refined table sugar and high-fructose corn syrup to natural sweeteners because they are a healthier alternative to refined sugars and can help people lose weight. For instance, in 2022, Centers for Disease Control and Prevention, a US-based national public health agency, around 37.3 million people are suffering from diabetes which equals 11.3% of the United States population. Additionally, according to the International Diabetes Federation's December 2021 report, a Belgium-based leading global diabetes community approximately 537 million adults are suffering from diabetes globally, whereas 3 out of 4 adults are in low- and middle-income countries. Therefore, the increasing prevalence of diabetes and obesity drives the growth of the natural sweeteners market.

Competitive Landscape:
Major companies operating in the natural sweeteners market include Associated British Foods., Archer-Daniels-Midland Company, Cargill Inc., E.I. du Pont de Nemours & Company, FoodChem International Corporation, Galam Ltd., GLG Life Tech Corp, Herboveda India, Imperial Holly Corporation, Ingredion Inc., Madhava Foods Ltd., Merisant UK Ltd., Morita Kagaku Kogyo Co. Ltd., Ohly GmbH, Associated British Foods plc, DSM NV, Ecogreen Oleochemicals Pvt Ltd., Fooditive B.V, Hearthside Food Solutions LLC, Koninklijke, MacAndrews & Forbes Holdings Inc., Madhava Ltd., Nestle SA, Pyure Brands LLC, Saganà Association, Stevia Biotech Pvt. Ltd., Suminter India Organics Pvt. Ltd., The Real Stevia Company, Wilmar International Ltd., XiliNat

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Top Trend - Zero-Calorie-Based Product Is Gaining Popularity
The growing product innovations are shaping the natural sweeteners market. Major companies operating in the natural sweeteners sector are focused on developing product innovations to strengthen their position. For instance, in April 2021 Manus Bio Inc., a Georgia-based biotechnology company announced the launch of NutraSweet Natural. NutraSweet Natural is a plant-based sweetener with zero calories. The item was created by extracting the most sugary and pristine elements from the Stevia leaf. Manus Bio, a U.S. company specializing in sustainable natural ingredients, utilizes microorganisms to replicate plant processes and generate natural ingredients via fermentation.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Natural Sweeteners Market Characteristics
3. Natural Sweeteners Market Trends And Strategies
4. Natural Sweeteners Market - Macro Economic Scenario
5. Natural Sweeteners Market Size And Growth
…..
27. Natural Sweeteners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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