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Natural Sweeteners Market Size

Report ID: GMI306
Published Date: Nov 2022
Report Format: PDF

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Natural Sweeteners Market Size

Natural Sweeteners Market size valuation was recorded at over USD 10.5 billion in 2022. Driven by the changing trends in food & beverage consumption, the industry is anticipated to grow at more than 4% CAGR from 2023 to 2032.

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The growing presence of chronic diseases and the rise in the population suffering from obesity are poised to provide lucrative opportunities for market growth. The rising popularity of several diet weight loss plans, such as the ketogenic, paleolithic, HCG, and low-carb diets, among others, are fueling the demand for natural sweeteners, especially among young adults. Natural sweeteners are unprocessed and more efficient sweeteners as compared to table sugar which has diminishing effects on the insulin levels of the body. These factors are speculated to favor the product landscape.

Furthermore, the booming bakery sector is also propelling product penetration. As a result of innovations in the food & beverages industry, many people are opting for naturally sweetened desserts and bakery products. Growing preference for low-calorie bread, pastries, muffins, and other products, is encouraging bakers to opt for natural sweeteners. For instance, in November 2022, Tate & Lyle, a supplier of food & beverages, added ERYTESSE Erythritol sweetener to its portfolio, particularly for use in beverages and bakery items.

Natural Sweeteners Market Report Attributes
Report Attribute	Details
Base Year:	2022
Natural Sweeteners Market Size in 2022:	USD 10,683.76 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	4.1%
2032 Value Projection:	USD 15,980.28 Million
Historical Data for:	2018 to 2022
No. of Pages:	260
Tables, Charts & Figures:	223
Segments covered:	Process, Grade, Application
Growth Drivers:	Rising concerns for weight gain to promote the usage of low-calorie food products Rapid demand from the bakery industry Growth in the beverage industry may fuel natural sweeteners demand
Pitfalls & Challenges:	Availability of several artificial sweeteners

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Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global market size form natural sweeteners was valued at more than USD 10.5 billion in 2022 and is set to progress at over 4% CAGR between 2023 and 2032 owing to changing trends in food & beverage consumption across the world.

The confectionery application segment is speculated to depict more than 4% CAGR over 2023-2032 owing to the emerging preference for confectionary items with nutritional values, especially among millennials.

Stevia segment is projected to showcase growth at over 7.5% CAGR from 2023 to 2032 as a result of numerous health benefits of stevia, such as lower blood sugar levels, increased glucose levels, and decreased risks of chronic illnesses, among others

Europe natural sweeteners industry is slated to witness growth at over 3.5% CAGR through 2032 on account of shifting health perceptions among the population in the region.