Global Natural Sweeteners Market Is Expected To Reach Around USD 5.96 Billion By 2032

15-Jul-2024 | Zion Market Research

Zion Market Research has published a new report titled “Natural Sweeteners Market By Type (High Intensity And Low Intensity), By Form (Powder, Liquid, And Crystal), By Application (Bakery Goods, Sweet Spreads, Confectionery, Chewing Gums, Beverages, And Dairy Products), By End-User (Food & Beverages, Pharmaceuticals, And Personal Care), And By Region - Global And Regional Industry Overview, market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032”. According to the report, the global natural sweeteners market was approximately USD 3.47 billion in 2023 and is predicted to grow to around USD 5.96 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.2% between 2024 and 2032.

Sweetness balances sourness, bitterness, saltiness. Most people prefer a sweet taste, which is expected to increase the demand for natural sweeteners in the upcoming years. The growing population of health-conscious across the world and increasing use of natural sweeteners are expected to drive the global natural sweeteners market over the forecast time period. Furthermore, technological advancements are leading to new product development. Rising government initiatives by the introduction of various regulations for the use of natural sweeteners in processed foods is likely to positively impact the natural sweeteners market in the upcoming years.

Browse the full “Natural Sweeteners Market By Type (High Intensity And Low Intensity), By Form (Powder, Liquid, And Crystal), By Application (Bakery Goods, Sweet Spreads, Confectionery, Chewing Gums, Beverages, And Dairy Products), By End-User (Food & Beverages, Pharmaceuticals, And Personal Care), And By Region - Global And Regional Industry Overview, market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032” Report at https://www.zionmarketresearch.com/report/natural-sweeteners-market

Global Natural Sweeteners Market

Based on type, the natural sweeteners market is bifurcated into low intensity and high intensity. The high-intensity segment held a substantial market share in 2018, as it is a major selling product in the natural sweeteners market. Rising consumer awareness and increasing use of dietary food are predicted to drive this segment’s growth in the upcoming years.

By form, the market is segmented into powder, liquid, and crystal. The powder segment contributed a substantial revenue share in 2018, due to the increasing demand from various manufacturing companies for powdered natural sweeteners.

Based on application, the market includes sweet spreads, confectionery, bakery goods, beverages, dairy products, and chewing gums. Bakery goods accounted for a major market share in 2023, due to the increasing health consciousness of consumers. This is influencing the bakery products producers to replace sucrose with natural sweeteners in sweet bakery products.

The end-user segment comprises food and beverages, pharmaceuticals, and personal care. The food and beverages segment accounted for the largest market share in 2023. Erythritol and stevia are used as sweeteners by the food and beverages industry. Lifestyle-related changes and rising health concerns among people are increasing the use of natural products. Hence, the food and beverages industry is shifting toward the natural-based low-calorie sweeteners.
    
North America accounted for a significant share in the global natural sweeteners market in 2023, due to the increasing adoption of natural sweeteners by various food and beverage manufacturers in the U.S. The Asia Pacific natural sweeteners market is predicted to register the highest CAGR over the forecast time period, due to the rising concerns about increasing incidences of health problems like diabetes and obesity.

Some major players operating in the global natural sweeteners market include Tate & Lyle, DuPont, Cargill, Niutang Chemical, MacAndrews & Forbes, Archer Daniels Midland, Roquette Frères, Symrise, Nestlé, Ajinomoto, Associated British Foods, Ingredion Incorporated, Wilmar International Limited, and American Sugar Refining.

This report segments the global natural sweeteners market into:

Global Natural sweeteners Market: Product Type Analysis

  • High Intensity
  • Low Intensity

Global Natural sweeteners Market: Form Segment Analysis

  • Powder
  • Liquid
  • Crystal

Global Natural sweeteners Market: Application Analysis

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

Global Natural sweeteners Market: End-User Analysis

  • Food and Beverages
  • Pharmaceuticals
  • Personal Care

Global Natural sweeteners Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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