What Are the Market Size Analysis and Growth Forecast for Natural Sweeteners?
The market size for natural sweeteners has seen robust growth in recent years, and it’s expected to keep that momentum into the future. The market is forecast to grow from $6.09 billion in 2024 to $6.5 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. This strong growth can be attributed to factors such as increased health consciousness, rise in demand for low-calorie alternatives, customer preference for natural ingredients, regulatory support, and the implementation of sugar taxes.
The Natural Sweeteners Market is anticipated to reach an impressive $8.51 billion in 2029 at a CAGR of 7.0%. The growth in the foreseeable future could be fueled by factors such as rising demand for low-calorie and sugar-free foods and beverages, increasing diabetic population, the burgeoning market for functional foods and beverages, clean label regulations, and urbanization trends in developing countries.
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What Are the Major Growth Drivers for the Natural Sweeteners Market?
The rising prevalence of diabetes and obesity is expected to propel the natural sweeteners market growth in the forthcoming years. An increasing number of health-conscious people are turning to low sugar alternatives to manage their diabetes and obesity conditions. Preference for natural sweeteners over refined table sugar and high-fructose corn syrup is gaining momentum as they are seen as healthier alternatives that can assist in weight loss.
What Are the Segments in the Natural Sweeteners Market?
• By Type: Stevia, Sorbitol, Xylitol, Mannitol, Erythritol, Sweet Proteins, Other Types
• By Application: Bakery Goods, Sweet Spreads, Confectionery And Chewing Gums, Beverages, Dairy Products, Other Applications
• By End-User: Food And Beverages, Pharmaceutical, Direct Sales, Other End-Users
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Who Are the Key Players in the Natural Sweeteners Market?
Major players in the natural sweeteners market include Associated British Foods., Archer-Daniels-Midland Company, Cargill Inc., E.I. du Pont de Nemours & Company, FoodChem International Corporation, Galam Ltd., GLG Life Tech Corp, Herboveda India, Imperial Holly Corporation, Ingredion Inc., and others.
What Are the Emerging Trends in the Natural Sweeteners Market?
Emerging trends such as product innovation are shaping the natural sweeteners market. Companies operating in this sector are focusing on producing innovative products to strengthen their market position.
Which Region Dominates the Natural Sweeteners Market?
In 2024, North America was the largest player in the natural sweeteners market. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does the Natural Sweeteners Market Report 2025 Offer?
Natural sweeteners are considered healthier alternatives to refined sugars and are mainly used to enhance the taste and shelf life of food products. This market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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