Based on the U.S. Food and Drug Administrationís (FDA) mandatory policy, added sugar content will need to be explicitly disclosed to consumers on product packaging. Set to take effect between 2020 and 2021, the new Nutrition Facts Label will reflect the grams and percent Daily Value (DV) of added sugar content, which would ideally help consumers limit calories from added sugar.
According to the report, Shift in Consumer Preferences from Consumption of Regular Sugar to Plant-based Sugar
is one of the primary growth factors for the market. Growing Awareness Regarding the Healthy Lifestyle among Consumers
is also expected to contribute significantly to the Plant-derived Sweetener market growth. Overall, Bakery
applications of Plant-derived Sweetener, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sales Channel, such as Online, is boosting the Plant-derived Sweetener market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Plant-derived Sweetener market identified that the demand is rising in many different parts of the world as "Health-conscious consumers are adopting healthy and nutritious diets to avoid fat counts and high calories, and growing incidences of diabetes all across the globe.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Plant-derived Sweetener market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Plant-derived Sweetener market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Plant-derived Sweetener market size is calculated using market estimation process, the Plant-derived Sweetener market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Plant-derived Sweetener market size has been validated using both top-down and bottom-up approaches.