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Botanical Sugar Market Trends

Report ID: GMI7305
Published Date: Nov 2023
Report Format: PDF

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Botanical Sugar Market Trends

In the botanical sugar industry, several key trends have emerged in recent years. Consumers' growing interest in natural and healthier sweetening alternatives has driven the demand for botanical sugars like coconut sugar, stevia, and monk fruit sugar. The market has witnessed a rise in demand for sustainably sourced and ethically produced botanical sugars as environmentally and socially conscious consumption gains traction.

Additionally, innovative applications of botanical sugars in various industries, including food and beverages, dietary supplements, and cosmetics, have further expanded market opportunities. The market is also witnessing increased research and development efforts to introduce new product formulations and address specific consumer needs, such as low-calorie or low-glycemic alternatives, reflecting evolving preferences for healthier and eco-friendly sugar options.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of botanical sugar reached USD 1.79 billion in 2022 and is poised to cross USD 2.55 billion by the end of 2032, says this GMI report.

Food and beverage segment accounted for around 68.24% in 2022, as consumers are increasingly seeking healthier, natural sweeteners, and botanical sugars like stevia, monk fruit sugar, and coconut sugar fit the bill.

North America market share was worth USD 759.7 million in 2022, as consumers across the region focus on health and wellness by seeking natural and healthier alternatives to traditional sweeteners.

Coconut Secret, Wholesome Sweeteners, Lakanto, Now Foods, Pure Organic Ingredients, Swerve, and Monk Fruit In The Raw.