New York, NY, May 30, 2019 (GLOBE NEWSWIRE) -- 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), and by End-User (Food & Beverages, Pharmaceuticals, and Personal Care): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global natural sweeteners market was approximately USD 27.04 billion in 2018 and is expected to generate around USD 37.6 billion by 2025, at a CAGR of around 4.6% between 2019 and 2025.
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 through 195 Tables & 31 Figures spread over 110 Pages and in-depth TOC on “Global Natural Sweeteners Market Size & Share 2018: Industry Type, By Form, Segments, Demand, Growth, Analysis and Forecast to 2025”.
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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.
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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 2018, 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 2018. 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.
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North America accounted for a significant share in the global natural sweeteners market in 2018, due to the increasing adoption of natural sweeteners by various food and beverage manufacturers in the U.S. and the presence of major industry players in the region. In the U.S., natural sweeteners are used in various goods like processed food and beverages.
The European natural sweeteners market accounted for a significant market share in 2018 globally and is expected to show significant growth over the forecast time period as well. This regional supremacy can be attributed to the increasing number of policy recommendations, industry commitments to decrease the sugar content of in food and beverages, rising health-conscious population base, and growing regional demand for organic beverages.
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), and by End-User (Food & Beverages, Pharmaceuticals, and Personal Care): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/natural-sweeteners-market
The Asia Pacific region is expected to register the highest CAGR over the forecast time period, owing to the high regional consumption of sweetened foods and beverages, rising concerns about increasing incidences of health problems like diabetes and obesity. Moreover, sugar taxes in various countries are expected to draw attention toward the acceptance of non-caloric products with natural sweeteners as their main ingredient.
The Latin American natural sweeteners market contributed a significant revenue share in 2018 globally, due to the rising demand for confectionary food, increasing investments made by government organizations and private companies operating in the region’s food industry.
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The Middle East and Africa is predicted to experience lucrative growth in the global natural sweeteners market in the future, owing to the rising number of government initiatives to support the development of food and beverage industry and increasing disposable income of the regional population.
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.
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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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