Industry Background:
Naturally Derived Sweeteners are products which are directly or indirectly obtained after processing a natural ingredients. This natural ingredients comprise of fruits such as monk, berries and others. Increasing consciousness about chemically processed sugars and the drastic effects of it on the body has led to high demand for natural sweeteners as an alternative. The growing popularity of the veganism and organic food culture too has had significant impact on the growth of the naturally derived sweeteners market. As more and more people turn obese in the urban areas, and the amount of the processed food consumption has risen, the demand for natural sweeteners has went up. This sweeteners have wide applications from beverages, to dairy products, bakery and confectionary to other processed food including pharmaceuticals. Evidently the pharmaceuticals segment is the fastest growing segment. Globally, North America and Asia Pacific region are the fastest growing markets providing huge opportunities over the coming years.
According to AMA Research, the market for Naturally Derived Sweeteners is expected to register a CAGR of 5.8% during the forecast period to 2027. This growth is primarily driven by Growing Consumption of Sugar around the World
.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | -2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Key Companies in Study | Tate & Lyle PLC (United Kingdom), Archer Daniels Midland Company (United States), DuPont (United States), Roquette Frères (France), Cargill Inc. (United States), Ingredion Inc. (United States), Saganà Association (Switzerland), Fooditive B.V. (Netherlands), Real Stevia Company (Sweden) and FoodChem International Corporation (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Pharmaceuticals and Nutraceuticals Segment are Fastest Growing Segment. Major Vendors, such as Tate & Lyle PLC (United Kingdom), Archer Daniels Midland Company (United States), DuPont (United States), Roquette Frères (France), Cargill Inc. (United States), Ingredion Inc. (United States), Saganà Association (Switzerland), Fooditive B.V. (Netherlands), Real Stevia Company (Sweden) and FoodChem International Corporation (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, Whole Earth Brands, Inc., a United States based food ingredients company specifically focused on the naturally derived alternatives has announced signing of a definitive agreement to acquire WSO Investments, Inc., which is a holding company of Wholesome Sweeteners. Wholesome Sweeteners Inc. is currently the largest organic sweetener brand in North America region. The acquisition deal is valued at USD 180 million. The acquisition will compliment Whole Earth Foods vast network of naturally derived food ingredient alternatives.
In 2021, Manus Bio, Inc., a Leading United States based manufacturer of sustainable natural ingredients has announced launch of its new NutraSweet Natural, which is a plant based sweetener providing excellent sweetening characteristics, all while being of zero calories. This product was produced using Manus Bio’s unique green technology. The next generation calorie free sweetener would have huge market prospectus especially with growing obesity in North America and thus people demanding healthier alternatives with reduced calories.
Market Drivers
- Growing Consumption of Sugar around the World
- Increasing Focus on Chemical Free Ingredients based Food due to Health Issues
- Surge in the Processed Food and Beverages Market
Market Trend
- Pharmaceuticals and Nutraceuticals Segment are Fastest Growing Segment
Restraints
- Presence of Adulterated Products in Market
Opportunities
Organic Segment is rising in Popularity among the Younger Generation, thus Enterprises should focus on Organic Sweeteners Formulas
Challenges
Higher Costs of the Naturally Derived Sweeteners Compared to Traditional Sweeteners
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Naturally Derived Sweeteners Study Sheds Light on
The Naturally Derived Sweeteners Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Naturally Derived Sweeteners industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Naturally Derived Sweeteners industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.