Naturally Derived Sweeteners Market size is estimated to reach $4.1Billion by 2026, growing at a CAGR of 5.9% during the forecast period 2021-2026. Natural sweeteners are carbohydrates obtained from vegetables, roots, seeds and nuts. Natural sweeteners contain calories and nutrients that are metabolized as they pass through the body. Increase in the demand for low-calorie products, rise in the prevalence of diabetes, growing demand for stevia products, rise in the investment by the major players, growing awareness regarding the healthcare alternatives, increase in the product launches based on the needs of the customer and growing applications of natural sweeteners in food and beverages industry are the factors that are set to drive the growth of the global market for the forecast period 2021-2026.Key Takeaways
Geographically, North America Naturally Derived Sweeteners Market accounted for the highest revenue share in 2020 and it is poised to dominate during the forecast period 2021-2026 owing to the growing demand from diabetic population.
The growing demand for low-calorie products is driving the segment of stevia natural sweetener.
High costs of production is one of the major factors which is said to reduce the growth of Naturally Derived Sweeteners Market.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Naturally Derived Sweeteners Market report.
Naturally Derived Sweeteners Market Drivers
Growing awareness regarding healthy foods
The consumers are getting aware of their nutritional needs owing to the growing awareness regarding healthcare alternatives. Hence consumers are shifting towards healthier and natural products with respect to the consumption of food and beverage products, which is propelling the growth of the Naturally Derived Sweeteners Market.
Increase in the demand for low-calorie and sugarless products
There is a rapid increase in the demand for low-calorie and sugarless products owing to the growing prevalence of diabetes and obesity among the consumers across the world, which is estimated to enhance the growth of the Naturally Derived Sweeteners Market.
Naturally Derived Sweeteners Market.top 10 companies are Tate and Lyle Plc, Archer Daniels Midland Company, Cargill, GLG Lifetech Corporation, PureCircle Ltd, E. I. du Pont de Nemours and Company, Wisdom Natural Brands, Evolva Holding SA, Merisant Company, SweeGen Inc.
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