According to a new market report published by Credence Research “Global Natural Alternative Sweeteners Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the Natural Alternative Sweeteners market is expected to expand at a CAGR of 5.2% from 2017 to 2025.
The purpose of the report is to illustrate the state of the market of Natural Alternative Sweeteners, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Sweeteners are a group of chemicals which possess the ability of stimulating the taste receptors without releasing calories of sucrose into the human body. The natural alternative sweeteners market is witnessing significant growth owing to rise in diabetic and diet-conscious consumers. Changing health trends has led to products reformulation so as to lower sugar content without compromising with the sweet taste.
The market is witnessing rapid growth owing to its health benefits such as high protein and low calorie content. Rising health-consciousness among consumers have forced players in confectionery and breakfast food industry to rethink over the nutritional value of products. Therefore, industry players are undergoing various expansion and joint venture strategies to expand entire sweetener market across multiple food and beverage applications For instance, industry giants such as PureCircle and GLG Life Tech, have adopted a major business strategy by partnering with major players to market blended reduced calorie products. Apart from this, PureCircle partnered with U.S. sugar giant, Imperial Sugar, and formed a strategic joint venture named Natural Sweet Ventures. This joint venture further helped in launching and marketing a retail stevia sucrose product “SteviaCane” for household consumption. Furthermore, continuous research and development in order to satisfy growing consumer demand for antioxidants and natural ingredient products has created new opportunities for plant based sweeteners such as stevia and monk fruit over the forecast years.
The natural alternative sweetener market is categorized by the presence of few major manufacturers. Key players are engrossed in luring distributors with profitable margins so as to strengthen their partnership across the value chain. Furthermore, online marketing has further raised awareness among consumers and has helped in strengthening the supply chain especially in emerging countries such as Brazil and Russia. Few key players operating in the market include Cargill Inc., Stevia Corporation, GLG Life Tech Corporation, Pure Circle, Inc. and Imperial Sugar Company among others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Natural Alternative Sweeteners buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Natural Alternative Sweeteners contains:
Analysis and forecast of Natural Alternative Sweeteners market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Natural Alternative Sweeteners market;
Assessment and forecast of Natural Alternative Sweeteners market development;
Financial and business profiles of the leading companies in the Natural Alternative Sweeteners industry.
– Up to date working Natural Alternative Sweeteners data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Natural Alternative Sweeteners for the period 2018 to 2026
– Planned Natural Alternative Sweeteners additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Natural Alternative Sweeteners projects by region, key countries, and companies
– Details of major planned Natural Alternative Sweeteners projects in the world up to 2026
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