About Naturally Derived Sweeteners
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.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are PureCircle Ltd (United States), Suminter India Organics (India) and Ecogreen Oleochemicals Pte Ltd (Singapore).
Segmentation Overview
AMA Research has segmented the market of Global Naturally Derived Sweeteners market by Type (Stevia, Sorbitol, Xylitol, Mannitol, Erythritol, Sweet Proteins and Others), Application (Bakery and Confectionary, Dairy Products, Beverages and Others) and Region.
On the basis of geography, the market of Naturally Derived Sweeteners has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Naturally Derived Sweeteners market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Naturally Derived Sweeteners market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Pharmaceuticals and Nutraceuticals Segment are Fastest Growing Segment
Market Growth Drivers:
Growing Consumption of Sugar around the World, Increasing Focus on Chemical Free Ingredients based Food due to Health Issues and Surge in the Processed Food and Beverages Market
Challenges:
Higher Costs of the Naturally Derived Sweeteners Compared to Traditional Sweeteners
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
Market Leaders and their expansionary development strategies
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.
Key Target Audience
Naturally Derived Sweeteners Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.