Home > Food & Beverages > Food Additives > Sweeteners > Natural Sweeteners Market
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.
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.
Report Attribute | Details |
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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: |
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Pitfalls & Challenges: |
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