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Natural Sweeteners Market Share

Report ID: GMI306
Published Date: Sep 2024
Report Format: PDF

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Natural Sweeteners Market Share

The natural sweeteners industry is experiencing rising demand, driven by company efforts to meet consumer preferences for healthier alternatives to sugar. Leading companies like Archer Daniels Midland, Cargill, and PureCircle are investing in the development and promotion of natural sweeteners like stevia and monk fruit. These companies are expanding their product portfolios, enhancing production capabilities, and forming strategic partnerships to increase market reach. Their focus on sustainable sourcing and innovative product formulations aligns with the growing consumer shift towards natural, low-calorie sweeteners, thus driving demand and contributing to the market's significant growth.

Natural Sweeteners Market Companies

Archer Daniels Midland Company
Cargill
PureCircle
Steviocal
Truvia
Roquette
Danisco
Procarvit Food Products (India) Pvt Ltd
Madhava Natural Sweeteners
Morita Kagaku Kogyo
Sweetener Supply Corporation
Herboveda
Malt Products Corporation
GLG Life Tech Corp and Tate & Tyle Plc
Beijing Ginko Group
Sunwin Stevia International, Inc.
Zevia
Evolva Holdings S.A.
Clarks UK Ltd.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of natural sweeteners reached USD 11.1 billion in 2023 and will expand at 3.7% CAGR over 2024-2032, led by the increasing consumer preference for healthier and low-calorie alternatives to sugar.

The stevia segment will register over 8.5% CAGR from 2024-2032, driven by the growing consumer preference for low-calorie and natural sweeteners.

Europe market will record over 3.6% CAGR throughout 2024-2032, propelled by the increasing consumer awareness about the health benefits of natural sweeteners and the growing demand for low-calorie and organic products.

Archer Daniels Midland Company, Herboveda, PureCircle, Tate & Tyle Plc, Clarks UK Ltd., Zevia, GLG Life Tech Corp, Procarvit Food Products (India) Pvt Ltd among others.