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Natural Sweeteners Market: By Product, By Application, By End User and Geography
Natural Sweeteners Market size was valued at US$ 2.8 billion in 2023 and anticipated to grow at US$ 4.3 billion till 2030, witnessing a CAGR of 6.2% from 2024 to 2030. Natural Sweeteners are known as carbohydrates attained from seeds, nuts, roots, vegetables and trees. These sweeteners are healthy option available for sugar. These are calorie-free and regularly used sweeteners are date sugar, xylitol, coconut sugar, molasses and honey. They are called natural sweeteners as they are produced by nature. There are several significant factors driving the natural sweetener market growth such as huge adoption of naturally sourced elements in their beverages and foods. People are opting more for beverages having less sugar hence encouraging industries to replace conventional sugar with alternatives like natural sweetener. Another factor boosting the natural sweeteners market growth is the growing adoption of Stevia in place of sugar. It is one of the famous natural sweeteners in upcoming years.
There is also a huge preference for the products using natural ingredients hence there is growing demand for Stevia in the beverage and food industries because of its varied applicability from confectionaries, fruit, and sauces to alcoholic and non-alcoholic drinks. The growth of this industry is primarily driven by an increase in consumer health consciousness, which encourages demand for healthier food options, an increase in demand for natural sweeteners due to a shift in consumer preferences toward natural products, and a growing demand for sugar substitutes in a variety of food and beverage applications. Due to the different health benefits offered and rising prevalence of chronic diseases across the globe as a result of unhealthier eating patterns, recent consumer trends include a demand for low-calorie, reduced sugar, and all-natural & organic ingredient-based products.
Study Period
2024-2030Base Year
2023CAGR
6.2%Largest Market
North AmericaFastest Growing Market
Asia Pacific
A complete government approval in a number of economies for making use of artificial sweetener is also driving the sweeteners market growth. In addition to, the high price of natural sweeteners because of the high production prices in the manufacturing process is going to hamper the market growth, which can be increased with the use of technological developments. Beverage category is anticipated to record a high CAGR during the prediction period. The increasing preference for zero-sugar sweetener in several beverages will increase the growth of the natural sweetener market. Two major factors that greatly contribute towards the growth of the market growth are shifting preferences of customers towards ready to drink beverages and growing disposable profits.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 2.8 billion |
Market CAGR |
6.2% |
By Product |
|
By Application |
|
By End User |
|
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The global natural sweeteners market size was valued at US$ 2.8 billion in 2023 and is projected to grow at a CAGR of 6.2% from 2024 to 2030.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
1.Executive Summary |
2.Global Natural Sweeteners Market Introduction |
2.1.Global Natural Sweeteners Market - Taxonomy |
2.2.Global Natural Sweeteners Market - Definitions |
2.2.1.Product Type |
2.2.2.Application |
2.2.3.End User |
2.2.4.Region |
3.Global Natural Sweeteners Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Natural Sweeteners Market Analysis, 2019-2023 and Forecast 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Natural Sweeteners Market By Product Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
5.1. Stevia |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Monk Fruit |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Raw Honey |
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Xylitol |
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Agave |
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6.Global Natural Sweeteners Market By Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. Sports Supplements |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Confectionery |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Dairy |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Frozen desserts |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Beverages |
6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7.Global Natural Sweeteners Market By End User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. Food and Beverages |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Personal Care |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Pharmaceuticals |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Other End User |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8.Global Natural Sweeteners Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Natural Sweeteners Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Stevia |
9.1.2.Monk Fruit |
9.1.3.Raw Honey |
9.1.4.Xylitol |
9.1.5.Agave |
9.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Sports Supplements |
9.2.2.Confectionery |
9.2.3.Dairy |
9.2.4.Frozen desserts |
9.2.5.Beverages |
9.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Food and Beverages |
9.3.2.Personal Care |
9.3.3.Pharmaceuticals |
9.3.4.Other End User |
9.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Natural Sweeteners Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Stevia |
10.1.2.Monk Fruit |
10.1.3.Raw Honey |
10.1.4.Xylitol |
10.1.5.Agave |
10.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Sports Supplements |
10.2.2.Confectionery |
10.2.3.Dairy |
10.2.4.Frozen desserts |
10.2.5.Beverages |
10.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Food and Beverages |
10.3.2.Personal Care |
10.3.3.Pharmaceuticals |
10.3.4.Other End User |
10.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
10.4.6.Rest of EU |
10.4.7. |
11.Asia Pacific (APAC) Natural Sweeteners Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Stevia |
11.1.2.Monk Fruit |
11.1.3.Raw Honey |
11.1.4.Xylitol |
11.1.5.Agave |
11.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Sports Supplements |
11.2.2.Confectionery |
11.2.3.Dairy |
11.2.4.Frozen desserts |
11.2.5.Beverages |
11.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Food and Beverages |
11.3.2.Personal Care |
11.3.3.Pharmaceuticals |
11.3.4.Other End User |
11.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Natural Sweeteners Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Stevia |
12.1.2.Monk Fruit |
12.1.3.Raw Honey |
12.1.4.Xylitol |
12.1.5.Agave |
12.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Sports Supplements |
12.2.2.Confectionery |
12.2.3.Dairy |
12.2.4.Frozen desserts |
12.2.5.Beverages |
12.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Food and Beverages |
12.3.2.Personal Care |
12.3.3.Pharmaceuticals |
12.3.4.Other End User |
12.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Natural Sweeteners Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Stevia |
13.1.2.Monk Fruit |
13.1.3.Raw Honey |
13.1.4.Xylitol |
13.1.5.Agave |
13.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Sports Supplements |
13.2.2.Confectionery |
13.2.3.Dairy |
13.2.4.Frozen desserts |
13.2.5.Beverages |
13.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Food and Beverages |
13.3.2.Personal Care |
13.3.3.Pharmaceuticals |
13.3.4.Other End User |
13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Wilmar International Limited |
14.2.2.Associated British Foods plc |
14.2.3.RaÃzen |
14.2.4.Koninklijke DSM N.V. |
14.2.5.I. du Pont de Nemours and Company |
14.2.6.Tate & Lyle PLC |
14.2.7.Ingredion Incorporated |
14.2.8.The Archer Daniels Midland Company |
14.2.9.Cargill, Incorporated |
14.2.10.Nestle S.A. |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players