Naturally Derived Sweeteners Market expected to Develop at a CAGR of 5.9% by 2032

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The market for naturally derived sweeteners is expected to develop at a CAGR of 5.9% from 2022 to 2032, reaching a worth of USD 9.6 billion by 2022 and exceeding USD 17 billion by 2032.

The global market for natural sweeteners has been growing in recent years. An increase in consumer health consciousness, which encourages demand for healthier food options, an increase in demand for natural sweeteners due to a shift in consumer preferences toward organic products, and a growing demand for sugar alternatives in a variety of food and beverage applications are driving the growth of this industry.

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In the coming years, rising consumer awareness regarding the consumption of naturally derived food ingredients is projected to support demand for naturally derived sweeteners. Natural sweeteners are expected to show promising usage over the next decade, as they are seen as a viable replacement for traditional sugars. Plant-based sweeteners, or sweetening agents containing exclusively organically sourced ingredients, are projected to gain headway in the consolidated market for naturally derived sweeteners, opening up many options. Furthermore, numerous governments are providing financial assistance to encourage the development of natural ingredients, creating a favourable environment for farmers, particularly in developing nations.

Manufacturers of Naturally Derived Sweeteners That Have Been Modified

According to market research, E. I. du Pont de Nemours Company, Archer Daniels Midland Company, Merisant Company, Tate & Lyle PLC, Cargill, Madhava Natural Sweeteners, PureCircle Limited, Herboveda India Pvt. Ltd., Cargill, Madhava Natural Sweeteners, PureCircle Limited, Herboveda India Pvt. Ltd., Herboveda India Pv

Wisdom Natural Brands (SweetLeaf Stevia), a subsidiary of GLG Lifetech Corporation, is a major player in the market for organically derived sweeteners.

The increased prevalence of diabetes and obesity among consumers throughout the world has resulted in a major increase in demand for low-calorie and sugar-free products, which is projected to drive the expansion of the Naturally Derived Sweeteners Market.

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Global Naturally Derived Sweeteners Market Segmentation

By Product Type:

  • Stevia
  • Palm Sugar
  • Coconut Sugar
  • Honey
  • Maple Syrup
  • Monk Fruit Sugar
  • Agave Syrup
  • Lucuma Fruit Sugar
  • Molasses
  • Natural Sweetener Blends

By Form:

  • Powder
  • Liquid
  • Crystals

By Nature:

  • Organic
  • Conventional

By End Use:

  • Food
  • Beverages
  • Personal Care
  • Pharmaceuticals
  • Tabletop Sweetener

Sales Channel:

  • Offline Sales Channel
  • Online Sales Channel

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

The Report Answers the Most Important Questions

What is the current market value of organically derived sweeteners?

The market for organically derived sweeteners is currently worth more than USD 9.1 billion.

What is the estimated CAGR for the market?

During the period 2022-2032, consumption of naturally derived sweeteners is predicted to expand at a CAGR of roughly 5.9%.

How did you do in the last five years?

Natural sweeteners grew at a CAGR of roughly 4.7 percent from 2017 to 2021 in terms of sales.

What is driving sales of organically derived sweeteners?

The rising consumer health consciousness is the key element driving the growth of the naturally derived sweeteners industry.

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