#North America stevia market size

[blogaarti]

North America Stevia Market 2022-2029 with Growth Factors and Trends with Focusing Key players

The stevia market is set to experience substantial growth as the demand for healthy sweeteners continues to rise. According to the latest report published by Fairfield Market Research, the adoption of stevia in the food and beverages industry is driving the market's expansion. The projected revenue of the stevia market is expected to reach US$1,621 Mn by the end of 2029, a significant increase from the US$780 Mn recorded in 2021. 

For More Industry Insights Read: https://www.fairfieldmarketresearch.com/report/stevia-market

The preference for healthy artificial sweeteners gained momentum in line with the global sugar reduction movement, and stevia emerged as a leading player in this trend across globe. Stevia adoption remains high, particularly in the beverage sector, with sustained consumption in key categories such as juices, sodas, and flavored water. The report highlights the continued growth of stevia market sales, supported by the ascending growth outlook of nutraceuticals. From 2022 to 2029, the stevia market revenue is expected to experience a steady growth rate of 9.6%. 

Stevia leaf extracts are highly sought-after sweetening agents, leading to frequent innovations within the food and beverages industry. Exciting opportunities are emerging as various high-potential categories shift away from traditional sweeteners and embrace stevia-based alternatives. The report indicates a notable shift in preferences toward stevia in segments such as bakery, confectionery, and dairy. While traditional sweeteners currently maintain a dominant position due to their wide availability and economic price point, stevia-based sweeteners are rapidly capturing new markets across globe. Their desirable attributes, including texture, sweetness, crystallization, mouthfeel, flavor, and extended shelf-life, make them increasingly attractive to consumers. 

The report also acknowledges the longstanding challenge of pricing volatility facing the global stevia market in the long run. However, with their desirable qualities and the increasing demand for healthier alternatives to conventional white sugar, stevia-based sweeteners are expected to rapidly capture new markets in North America. 

Archer-Daniels-Midland Company, Cargill Inc, and Ingredion Incorporated are prominent contenders in the global stevia market, actively driving competition. These industry leaders play a pivotal role in shaping the market landscape by spearheading strategic developments and innovations that cater to the ever-evolving needs of consumers. 

For More Information Visit:  https://www.fairfieldmarketresearch.com/

[creativeera]

The Market For Sugar Substitutes Is Expected To Grow At A Rapid Rate Due To Technological Advancements

The sugar free lifesavers market is primarily driven by the growing health consciousness among consumers and rising prevalence of lifestyle diseases such as diabetes and obesity. Sugar free lifesavers contain sugar substitutes such as aspartame, sucralose, and stevia, which provide the same sweetness as sugar but with very few calories. Their texture and taste are very similar to traditional hard candies.

The global sugar free lifesavers market is estimated to be valued at US$ 2.62 Bn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the sugar free lifesavers market are Perfetti Van Melle, The Hershey Company, Nestlé S.A., Mars Incorporated, Mondelez International, PepsiCo, Kraft Heinz Company, Albanese Confectionery, Ricola Ltd, The PUR Company Inc., Wrigley Company, Tic Tac, Lotte Group, Chocoladefabriken Lindt & Sprüngli AG, Hostess Brands, Inc., Atkinson Candy Company, Continental Candy Industries B.V., ChocZero Inc., Sugarless Confectionery, and Herbion International Inc. The key opportunities in the Sugar Free Lifesavers Market Size include product innovation using natural sugar substitutes, expanding distribution networks in developing countries, and strategic mergers and acquisitions. Some major players are investing in R&D to develop sugar free lifesavers containing stevia, monk fruit, and allulose to cater to consumer demand for clean label products. Technological advancements in extraction and purification of sugar substitutes such as stevia, monk fruit, and allulose have enhanced their functionality and application in various food products. Their purity levels are now equivalent to traditional sweeteners. This has boosted product development of low-sugar and sugar-free hard candies. Market Drivers Increasing health awareness among consumers across global economies is a major market driver.The rising obesity and diabetes rates are prompting consumers to opt for low-calorie sugar substitutes in their diets. Sugar Free Lifesavers Companies provide an indulgent yet healthy snacking option. Favorable regulatory environment promoting low-sugar products will continue spurring innovation and demand.

Current Challenges in Sugar Free Lifesavers Market The sugar free lifesavers market is facing few challenges currently which are hindering its growth potential. As consumers are becoming more health conscious, they are shifting towards natural substitutes for sugar like stevia, sucralose etc. However, these substitutes are not totally sugar-free and may contain few calories. Another challenge is the pricing aspect as sugar free variants tend to be more expensive than regular candies. Manufacturers need to focus on bringing down the costs to make these affordable for masses. Brand awareness is still low for many sugar free candy brands in developing nations. Educating consumers about benefits of lesser sugar intake can help boost the market. Maintaining taste without compromising on health aspect is a technical challenge as well for product developers in this space. SWOT Analysis Strength: High demand from health conscious consumers and diabetics. Wide variety of flavors available in the market. Weakness: Cost of sugar substitutes make products expensive. Aftertaste perception for some substitutes. Opportunity: Scope to penetrate developing countries. Innovation of new sugar free variants. Threats: Competition from natural sweeteners like stevia, honey etc. Stringent regulatory norms for sugar substitutes. Geographical Regions North America currently dominates the sugar free lifesavers market in terms of value as around 35% of market share was accounted by this region in 2024. Presence of leading manufacturers and high health awareness among consumers drives the market here. Asia Pacific is poised to become the fastest growing regional market during the forecast period of 2024-2031 with projected CAGR of over 6%. Rising disposable incomes and expanding retail channels in developing nations will propel high demand in near future. Fastest Growing Region Asia Pacific is projected to be the fastest growing regional market for sugar free lifesavers during 2024-2031 with a CAGR of over 6%. Rising health consciousness along with increasing diabetic population especially in China and India is fueling the sales. Growing middle class demographic with higher disposable incomes makes these products more affordable. Furthermore, penetration of international brands and local product innovations are raising brand awareness regarding benefits of sugar free diet. Countries like Japan, South Korea, ASEAN nations will continue witnessing high consumption rates in coming years.

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[mordormr]

Sweetening the Future: Key Trends Shaping the Stevia Industry

The Stevia Market Size is projected to be valued at USD 0.84 billion in 2024, and it is anticipated to grow to USD 1.36 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 10.12% during the forecast period from 2024 to 2029.

Market Overview: The global stevia market is poised for substantial growth, driven by the increasing focus on health and wellness, alongside growing concerns about the negative health impacts of excessive sugar consumption. From beverages and food products to personal care items, stevia's versatility is fueling its expansion across multiple industries. According to market research, this sector is expected to grow at a steady rate, with key markets such as North America, Europe, and the Asia-Pacific leading the way.

Key Trends Shaping the Stevia Industry:

Rising Demand for Natural and Low-Calorie Sweeteners: As consumers become more health-conscious, there's been a marked shift toward natural, plant-based ingredients in food and beverages. Stevia stands out as a popular choice due to its zero-calorie content and ability to provide sweetness without the adverse effects associated with artificial sweeteners or sugar.

Regulatory Support and Approvals: Many regulatory bodies, including the US FDA and the European Food Safety Authority (EFSA), have approved stevia for use as a food additive, which has spurred its adoption across various sectors. This regulatory backing has enhanced its credibility and encouraged more companies to incorporate stevia into their product lines.

Expanding Applications in Food and Beverage Industries: Stevia is being increasingly used in soft drinks, flavored water, and dairy products as a sugar substitute. This trend is particularly strong among brands looking to reformulate their products to reduce sugar content while maintaining taste, in response to consumer preferences and regulatory pressure to lower sugar levels in food and beverages.

Innovation in Stevia-Based Products: Continuous advancements in stevia extraction and formulation methods are enabling manufacturers to produce better-tasting stevia products. Companies are focusing on improving the flavor profile of stevia, reducing any residual bitterness, and enhancing its overall appeal in various applications.

Sustainability and Ethical Sourcing: With sustainability becoming a growing concern across industries, the stevia market is no exception. Companies are investing in sustainable sourcing practices and ethical production methods to meet the rising consumer demand for environmentally friendly products.

Conclusion: The stevia industry is experiencing robust growth as a result of increasing health awareness, regulatory support, and product innovation. As stevia continues to be integrated into a wide range of products, it is poised to play a critical role in the future of the global sweetener market.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/stevia-market  

[tmr-blogs2]

Monk Fruit Sugar Market Size Worth USD 180.4 million by 2031

The global monk fruit sugar market was projected to attain US$ 118.6 million in 2022. It is anticipated to garner a 4.8% CAGR from 2023 to 2031 and by 2031, the market is likely to attain US$ 180.4 million by 2031.

An increase in customer desire for natural, low-calorie sweeteners is driving the monk fruit sugar industry. The trend toward clean label components, growing consumer knowledge of health-conscious options, and developments in extraction technology are important motivators. Expanding product applications is a key emphasis for industry players, which propels the market's expansion even faster.

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Global Monk Fruit Sugar Market: Key Players

Leading businesses in the monk fruit sugar industry, such Tate & Lyle and Monk Fruit Corporation, are spearheading innovation in natural sweeteners. They create high-purity monk fruit extracts by utilizing sophisticated extraction procedures, which provide a healthier substitute for conventional sugars.

The primary objectives of market leaders are to broaden their range of products, create adaptable formulas, and build enduring supply networks. In order to fulfill the growing demand for natural, low-calorie sweetener solutions in the food sector, partnerships with food and beverage producers improve the integration of monk fruit sweeteners into a variety of products.

The following companies are well-known participants in the global monk fruit sugar market:

Archer Daniels Midland Company

Apura Ingredients

Guilin Layn Natural Ingredients Corp.

Imperial Sugar Company

Whole Earth Sweetener Co. LLC

Health Garden USA

Matakana SuperFoods Ltd.

Group Krisda Stevia Canada Inc.

Bulk Barn Foods Ltd.

Key Findings of the Market Report

Consumers are looking for non-Stevia substitutes for refined sugar on the market.

Suppliers in the global monk fruit sugar market provide allulose sweetener and sugar-free monk fruit extract products.

In an effort to capture a larger market share for monk fruit sugar, they are now introducing powdered organic sweeteners.

Overconsumption of monk fruit sugar may cause hives or rashes, breathing problems, a weak or fast pulse, swelling of the tongue, nausea, vomiting, dizziness, and wheezing.

Throughout the projected period, these factors are anticipated to impede the growth of the monk fruit sugar market.

Market Trends for Monk Fruit Sugar

Customers are growing increasingly concerned about their health. The focus is on low- or zero-calorie food items that have been prepared with sugar alternatives. Monk fruit sugar is so recommended since it is a natural antioxidant. Mogrosides, which are antioxidants that shield the body from oxidative stress, are found in monk fruit. These antioxidants shield cells from the harm that free radicals may do.

According to the World Health Organization (WHO), 39 million children and 650 million adults are obese. It has been noted that one of the main causes of the sharp rise in diabetes, strokes, and CVDs is obesity. According to the WHO, the percentage of people worldwide with diabetes was close to 10.5% in 2021 and is predicted to rise to 12% by 2045.

In 2021, there were 141 million cases of diabetes in China alone. In the near future, these factors are anticipated to fuel demand for natural sugar that has no calories.

Global Market for Monk Fruit Sugar: Regional Outlook

In 2022, North America held the majority of the share. The rising rates of diabetes and obesity in the United States are driving up market dynamics in the region. Approximately 30.7% of individuals are overweight, according to the National Health and Nutrition Examination Survey.

The monk fruit sugar market is expected to rise steadily in Europe and Asia Pacific, according to the most recent projection. The market statistics in these regions are driven by an increase in the incidence of obesity. Over 52.7% of adults in the EU are overweight, according to the European Commission.

Some key developments by the players in this market are:

Swerve, which is owned by Whole Earth Brands, expanded into monk fruit and allulose sweetener options in July 2022, which are zero-sugar and zero-calorie offers.

Ecoideas introduced Erythritol in November 2021, extending their range of Monkfruit sweeteners. You may use Ecoideas Organic Monkfruit Powder, Golden, and Classic as an alternative to conventional sweeteners.

Tate & Lyle announced in July 2021 that it would sell its sweetener division to KPS Capital Partners for US$ 1.3 billion.

Global Monk Fruit Sugar Market Segmentation  Nature

Natural

Organic

Form

Powder

Liquid

End Use

Food & Beverage Industry

Bakery

Dairy & Ice Cream

Chocolate & Confectionery

Breakfast Cereals

Beverages

Others

Household (Retail)

Food Services

Others

Packaging Type

Bags & Sacs

Pouches

Folding Cartons

Jars

Distribution Channel

Direct Channel

Indirect Channel

Hypermarket/Supermarket

Convenience Store

Discount Store

Food & Drink Specialty Store

Independent Small Grocery

Online Retail

Region

North America

Latin America

Western Europe

Eastern Europe

South Asia

East Asia

Oceania

Middle East & Africa

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[sqinsights]

The Stevia Chronicles: Unveiling the Global Sweetener Saga

Exploring the Stevia Market's Rollercoaster Ride – A Journey of Health, Taste, and Market Dominance

Greetings, sugar enthusiasts! Today, we embark on an epic journey through the luscious landscapes of the Stevia market. just a pinch of wit and a dash of sass. Buckle up, sweet tooths, as we navigate the highs and lows of the global Stevia phenomenon!

Sweet Symphony:

Imagine a market that started at a modest USD 7.23 billion in 2021 and is now strutting towards a jaw-dropping USD 17.14 billion by 2030(Global Stevia Market). Stevia isn't just a substitute; it's the rockstar stealing the show.

The Healthy Buzz:

In a world where green juices reign supreme, enter Stevia, the poster child of all-natural sweetness. Derived from the leaves of the Stevia rebaudiana plant, it's the answer to every health-conscious soul steering clear of sugar's evil twin – artificial sweeteners.

Stevia's Flavor Fiesta:

Let's address the elephant-sized sweetener in the room – taste. Some say Stevia has a unique flavor profile, but hey, don't we all? It's like that friend who grows on you – an acquired taste. Manufacturers are on a mission to make Stevia taste more like sugar, but patience, dear taste buds, patience.

Market Shenanigans:

Stevia isn't just playing catch-up; it's rewriting the rules. Stevia extracts are the A-listers, but keep an eye on Stevia leaves – the underdogs in this sweet symphony, embraced by DIY enthusiasts turning their backyards into sugary wonderlands.

Global Stevia Showdown:

Asia-Pacific is the reigning champ, with China and Japan leading the Stevia parade. Latin America, Stevia's birthplace, is catching up. Meanwhile, Europe, North America, and the Middle East & Africa are slowly sipping Stevia-infused tea, realizing it's time to join the tasteful revolution. For More Information: https://www.skyquestt.com/report/stevia-market

Market Dynamics: The Good, The Bad, The Aftertaste:

Drivers:

Global health craze – because who doesn't want to be a wellness warrior?

Food and beverage industry expansion – the more, the merrier, right?

Restraints:

The notorious aftertaste – Stevia's quirky trait that makes it unforgettable.

Production costs playing hard to get – making Stevia a bit high-maintenance in the market.

Who's Who in the Stevia Game:

Meet the maestros orchestrating this sweet symphony. From Ingredion Incorporated to Wild Flavors and Specialty Ingredients – it's a star-studded cast, each contributing its unique flavor to the Stevia narrative. Splenda even has its own Stevia farm – talk about sweet independence!

Recent Developments:

The Stevia world is buzzing with excitement. Cargill is unlocking nature's potential in Shanghai, while Splenda is planting roots in sunny Florida. It's a Stevia soap opera – drama, intrigue, and a sprinkle of sweetness.

Key Market Trends:

Rising consumer awareness – because knowledge is the sweetest power.

Stevia extracts reigning supreme – versatility is the unsung hero.

Taste innovation – because Stevia aspires to be everyone's favorite.

Conclusion:

In a world where sugar is the villain and artificial sweeteners are the mysterious sidekicks, Stevia steps into the spotlight as the unexpected hero. It's not flawless – it has quirks, much like us. But as the global market expands and health-conscious consumers seek alternatives, Stevia stands tall, offering a naturally sweet solution.

So, next time you reach for that sugar packet, consider letting Stevia take center stage. Who knows, you might just find your new sweet obsession.

And that, my friends, is the sugar-laden tale of Stevia's sweet journey in the global market.

Disclaimer: No Stevia leaves were harmed, but they might have been hugged excessively during the making of this blog. Consume sweeteners responsibly – your taste buds will thank you.

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SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

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[organicmarketresearch1]

Global Ready to Drink (RTD) Tea Market Size, Share & Demand Forecast 2030

The Global Ready to Drink (RTD) Tea Market size was estimated at USD 34.3 billion in 2021 and is expected to hit around USD 72.9 billion by 2031, poised to grow at a compound annual growth rate (CAGR) of 8% from 2022 to 2031.

The pre-packaged, easily ready-to-consume tea-based beverages market is referred to as the Global Ready to Drink (RTD) Tea Market. These RTD teas are frequently offered in a variety of flavours and preparations, from plain brewed tea to tea blends with fruit juices, herbs, or sweeteners. The market includes a wide variety of goods, such as bottled or canned iced teas, tea-based energy drinks, herbal tea beverages, and various tea-infused mixtures intended for immediate consumption.

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Several significant trends are influencing economic dynamics and reshaping sectors in the context of the global market. The ongoing development of e-commerce and digitization is an important trend. Consumers are increasingly using online platforms for information, entertainment, and commerce due to the proliferation of smartphones and greater internet accessibility. This change has elevated e-commerce to new heights, reshaping the retail industry and forcing businesses to modify their offline sales channels and online marketing techniques.

The focus on sustainability and environmental responsibility is another notable trend. Both consumers and corporations are growing more environmentally sensitive. Demand for eco-friendly goods, renewable energy sources, and ethical business practises has increased as a result. To cut waste and emissions, businesses are utilising green technologies and implementing circular economy practises.

A growing emphasis on health and wellbeing is now being seen on the global market. The COVID-19 pandemic accelerated this trend, with customers giving priority to goods and services that are health-conscious. This has sparked innovation across a variety of industries, including organic food, exercise, and healthcare.

Recent Developments:

The rising desire for RTD tea options that are healthier and more natural is a notable trend. Customers are looking for beverages with fewer added sugars and more wholesome ingredient lists. As a result, several producers have changed the formulation of their products to cut back on artificial sugars and include natural sweeteners like honey or stevia. In order to appeal to the wellness-conscious customer, there is also a developing interest in herbal and functional teas, such as those blended with botanical extracts or adaptogens.

Sustainability has emerged as a major topic of focus. To lessen their influence on the environment, businesses are implementing eco-friendly packaging strategies, such as using recyclable or biodegradable materials. Additionally, procuring sustainable tea leaves and supporting fair trade principles in the supply chain are becoming more and more important.

Diversification of products is fueled by innovation. To pique consumers’ taste buds, brands are releasing novel and distinctive flavours that are frequently motivated by current global culinary trends. RTD tea that has been carbonated or given innovative textures, such bubbles, has also become more popular and offers consumers a stimulating drinking experience.

Market Segmentation:

Market Breakup: By Product Type

Black Tea

Green Tea

Herbal Tea

Fruit Tea

Specialty Blends

Market Breakup: By Flavour

Lemon

Peach

Mint

Hibiscus

Ginger

Market Breakup: By Packaging

Bottles

Cans

Tetra Packs

Pouches

Market Breakup: By Distribution Channel

Supermarkets

Convenience Stores

Online Retailers

Vending Machines

Regional Analysis

The size and scope of the global Ready to Drink (RTD) Tea Market vary by region and are important and expanding. Below is a quick summary of the market’s regional analysis:

North America: The RTD tea industry in North America is mature and features a wide variety of products, including both classic iced teas and cutting-edge flavours. The demand for low-sugar and natural ingredient products is being driven by consumers who are health-conscious. The popularity of premium and speciality RTD teas is also rising. E-commerce has grown in popularity, particularly in the US and Canada, giving consumers easy access to a huge selection of RTD tea items.

Europe: RTD in Europe The tea market is steadily expanding, with an emphasis on environmentally friendly and nutritious options. Due to their alleged health advantages, green tea and herbal brews are becoming more and more popular. Customers in Europe are increasingly looking for goods with natural flavours and less sugar. Key trends include ethical sourcing methods and sustainable packaging. With tea blends infused with botanicals and useful components, the market is also witnessing an increase in cross-category innovation.

Asia-Pacific: Driven by strong tea traditions and an expanding middle-class population, Asia-Pacific is the region where RTD tea drinking is most prevalent. Key markets for RTD tea include nations like China, Japan, and South Korea, which provide a vast array of both traditional and contemporary RTD tea options. Additionally, artisanal products and high-end tea brands are starting to appear in this region. Green tea is still popular, but milk tea and fruit-infused varieties are becoming more popular. The Asian market is very innovative and competitive, with frequent product launches and marketing plans to suit a variety of consumer preferences.

South America: Due to consumer preference for healthy beverage options, the RTD Tea market in South America is expanding. While fruit-flavoured choices are gaining popularity, traditional flavours like mate-based RTD teas continue to be well-liked. In nations like Argentina and Brazil, regional and artisanal brands are gaining popularity. Additionally, there is a rising focus on eco-friendly and sustainable packaging to appeal to environmentally conscious consumers.

Middle East & Africa: Urbanisation and shifting consumer lifestyles are the main drivers of the region’s burgeoning RTD tea market, which is taking place in the Middle East & Africa. Convenient RTD forms are being created for traditional Middle Eastern tea types. Popular flavours include mint and hibiscus. Additionally, there is an increase in demand for natural and low-sugar products in the area. To accommodate local tastes and preferences, businesses are looking into local sourcing and production.

Market Breakup By Region

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Competitive Landscape

The Ready to Drink (RTD) Tea Market competitive landscape provides details by competitor. Details included are company outline, company financials, revenue generated, market potential, investment in research and development, new market initiatives, worldwide occurrence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The overhead data points providing are only related to the businesses’ focus related to Ready to Drink (RTD) Tea marketplace.

Major players operating in the Global Ready to Drink (RTD) Tea Market are:

Coca-Cola Company

PepsiCo Inc.

Nestlé S.A.

Unilever N.V.

Ito En Ltd.

Arizona Beverage Company

Keurig Dr Pepper Inc.

Monster Beverage Corporation

Asahi Group Holdings Ltd.

Tingyi (Cayman Islands) Holding Corp.

Suntory Holdings Limited

The Republic of Tea

Celestial Seasonings, Inc.

Harney & Sons Fine Teas

Cott Corporation

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[jayanthitbrc]

Carbonated Soft Drinks Market Forecast 2023-2032: Market Size, Drivers, And Trends

The Carbonated Soft Drinks Global Market Report 2023, provides comprehensive information on the carbonated soft drinks market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Carbonated Soft Drinks Market’s Growth:

As per The Business Research Company’s Carbonated Soft Drinks Global Market Report 2023, the market size is expected to grow from $127.28 billion in 2022 to $132.49 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global carbonated soft drinks market size is expected to reach $150.63 billion in 2027 at a CAGR of 3.3%.

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Product innovations are a key trend gaining popularity in the carbonated soft drinks market. Major companies operating in the carbonated soft drink industry are focused on developing innovative solutions to strengthen their position in the market. For instance, in September 2020, Sprecher Brewing Company, a US-based producer of hand-crafted beers and sodas, launched the first all-natural, zero-sugar craft sodas. The zero-sugar sodas maintain Sprecher's handcrafted natural ingredient legacy and feature an exclusive monk fruit, stevia, and erythritol sweetener blend. To make Sprecher sodas even more convenient to drink on-the-go, Sprecher is the only craft beverage to offer this compact can option.

The carbonated soft drinks market is segmented:

1) By Product: Softdrinks, Carbonated Water, Sports and Energy drinks, Other Products

2) By Flavor: Cola, Citrus, Other Flavors

3) By Packaging: Bottles, Cans

4) By Distribution Channel: Hypermarkets, Supermarkets And Mass Merchandisers, Convenience Stores And Gas Stations, Food Service Outlets, Online Stores And D2C, Other Distribution Channels

North America was the largest region in the carbonated soft drinks market in 2022.

The table of contents in TBRC’s carbonated soft drinks market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

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.

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27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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[sophiareddy123]

Sugar Substitutes Market is segmented by Type (Acesulfame Potassium, Advantame, Aspartame, Neotame, Saccharin, Sucralose, Stevia, and Others); by Application (Food (Baked Foods and Cereals, Confectionery, Dairy and Dairy Alternatives, Sauces, Condiments, and Dressings, and Others), Beverages, and Pharmaceuticals); and by Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). 

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[qrtumb]

Global Natural Sweeteners Market Regional Analysis, Size, and Trends

The Global Natural Sweeteners Market is expected to reach USD 36.9 billion by 2027 from, at a CAGR of 4.3% over the forecast period.

The Global Natural Sweeteners Market research study is available on the Qualiket Research website and includes a forecast, share, size, and dynamics analysis. This report provides an overview of the Global Natural Sweeteners Market as well as an informative explanation. The Global Natural Sweeteners Market has been thoroughly researched in order to arrive at an exact and well-informed conclusion on the industry's present market dynamics.

This research study includes a thorough examination of the market through extensive qualitative and quantitative judgments, as well as market predictions. This report categorizes the market into emerging and specialty segments. This research study also calculates market size and development trends at the global, regional, and national levels from 2020 to 2027. This study includes a market segmentation and revenue estimation based on type, application, end user and region.

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Research Methodology

The Global Natural Sweeteners Market has been evaluated for the forecast period using Porter's Five Force Model for the review period of 2020 to 2027. Furthermore, a thorough SWOT analysis was carried out to gain a thorough understanding of the key factors driving the Global Natural Sweeteners Market.

Competitive Landscape

The report's competitive landscape was created by taking into account all of the important factors, including business profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial status, market position, and expansion strategies. In addition, the research delves into recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among other topics. The research also discusses the Global Natural Sweeteners Market's current technological innovations and product advancements.

Key Players:

The Key players ofGlobal Natural Sweeteners Market are DuPont (US), ADM (US), Tate & Lyle PLC (UK), Cargill (US), Ingredion Incorporated (US), Roquette Frères (France), FoodChem International Corporation (China), PureCircle Ltd (US), MacAndrews & Forbes Holdings Inc (Merisant) (US), and Ecogreen Oleochemicals Pvt Ltd (Indonesia).

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Market taxonomy

By Type

Stevia

Sorbitol

Xylitol

Mannitol

Erythritol

Sweet proteins

Other types

By Application

Bakery products

Confectioneries & gums

Spreads

Beverages

Dairy products

Frozen desserts

Tabletop sweeteners

Pharmaceutical products

Other applications

By End-use sector

Food & beverages

Pharmaceutical

Direct sales

Other end-use sectors

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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[foodandbeveragesinsights]

Food Enzymes Market Trends by Fortune Business Insights™ 2027

The global food enzymes market size is expected to rise considerably owing to extensive adoption of clean-labeled and natural ingredients in food & beverage industry. Fortune Business Insights, in its latest report, titled “Food Enzymes Market Size, Share & Industry Analysis, By Source (Microbes, Plants, and Animals), Type (Carbohydrases, Proteases, Lipases and Others), Application (Bakery, Dairy, Beverages, Nutraceuticals and Other Processed Foods), and Regional Forecast, 2020 – 2027.”, further observes that the market value stood at USD 1.69 billion in 2019, which is likely to hit USD 2.39 billion by 2027 while exhibiting a 4.70% CAGR during the forecast period.

What does the Market Report Include?

The market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.

Drivers and Restraints:

Increasing Consumption of Clean-Labeled Food to Surge Demand

According to the European Food Safety Authority (EFSA), long-term exposure of chemicals at high concentrated levels through food may have a toxicological effect on humans. Though they are essential building blocks, synthetic chemicals as additives have an adverse effect on health when consumed. Increasing awareness among people regarding the health concerns associated with the consumption of synthetic ingredients is expected to surge the demand for clean-labeled food across the globe. The gradual shift of the consumers from chemical ingredients to naturally processed food products that are safe and healthy will boost the demand for food enzymes in the forthcoming years. For instance, in October 2019, Tiny Organics, a U.S.-based direct-to-consumer brand, announced its launch of organic plant-based recipes that are healthy for toddlers. The recipes include baby burrito bowls, pumpkin spice oatmeal, and coconut curry-induced dishes.

Regional Analysis:

Increasing Demand for High-quality Processed Food to Augur Growth in North America

Among the regions, North America is anticipated to remain dominant and register high global food enzymes market revenue in the forthcoming years. This is ascribable to factors such as growing demand for naturally occurring ingredients. Additionally, increasing demand for high-quality processed food and rising investments from manufacturers to develop innovative products is likely to drive the market growth in the region. Asia-Pacific, on the other hand, is likely to register steady growth for the market during the forecast period. This is attributable to factors such as growing demand for bakery and dairy products.

Competitive Analysis:

Joint Ventures Among Companies to Spur Demand for Food Enzymes

In November 2019, Cargill along with DSM announced its plan to enter into a joint venture. Avansya, the joint venture between the two giants is about constructing a commercial facility to manufacture stevia sweeteners through the fermentation process. The companies are likely to consolidate their position with their collaboration by setting up the 10,000 sq. ft. plant that costs around USD 50 million, located at Blair, Nebraska. Adoption of strategies such as joint ventures, product launches, and expansion of product offerings by the companies to cater to the increasing consumer demand is likely to favor the global food enzymes market growth between 2020 and 2027.

Browse Summary

https://www.fortunebusinessinsights.com/food-enzymes-market-102835

[teeresearch]

Global Stevia Dairy Product Market - Forecast (2022 - 2027)

Global Stevia Dairy Product Market Overview

The Global Stevia Dairy Product Market size is estimated to reach $1.1 billion by 2027. Furthermore, it is poised to grow at a CAGR of 8.7% over the forecast period of 2022-2027. Stevia has been a natural sweetener that has been growing in its demand owing to its beneficial nutrient profile as compared to sucrose or corn syrup. The stevia plant belongs to the sunflower family, and its leaves contain sweet-tasting compounds known as steviol glycosides. Further, around 50 steviol glycosides have been identified, and each plant has approximately 9 unique of these compounds, and is approximately 200-350 times sweeter than sugar. Stevia has been of the great choice to the marketers as it allows to maintain stability throughout the pasteurization process, hence its usage can be adopted in various end products, such as yogurts-flavored milk-ice creams, and others. The sugar substitute often works best in combination with saccharin or cyclamate or others as it tends to lower the bitterness and astringency. The growing burden of diseases amongst the groups of societies along with manufacturers' preference to incorporate stevia alone or with the cooperation of another form of high-intensity sweeteners to increase the market reach has been identified as the key driver for the Global Stevia Dairy Products Industry.

Global Stevia Dairy Product Market Report Coverage

The report: “Global Stevia Dairy Product Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Stevia Dairy Product Market.

By Product Types: Yogurt, Flavored Milk, Ice Creams, and Others.

By Distribution Channel: Offline Stores and Online Stores.

By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

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Key Takeaways

Geographically, North America’s stevia dairy products market held a dominant market share in the year 2021. It is owing to a robust product launch observed within the region, additionally, stevia plantation takes place within the likes of countries likes Mexico and the U.S. which allows for better market reach. However, Asia-Pacific is expected to offer lucrative growth opportunities over the forecast period of 2022-2027, the growing taste preferences within the likes of countries such as India and China would allow for better market penetration.

The growing burden of diseases amongst the masses of societies along with manufacturers' preference to incorporate stevia alone or with the cooperation of other forms of high-intensity sweeteners to increase the market reach has been a key driver for the market. However, complex challenges faced by manufacturers to maintain texture-indulgence and mouthfeel along with the general sentiment of sweetness impede the overall market growth.

A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Global Stevia Dairy Products Market Report. 

Global Stevia Dairy Product Market Segment Analysis- By Product Type

The global stevia dairy product market based on product type can be further segmented into Yogurt, Flavored Milk, Ice Creams, and Others. Yogurt held a dominant market share in the year 2021. Strong consumer demand has been noticed for yogurt owing to its ability to tick the necessary nutrient and healthy lifestyle marks such as being low-in calorie, reduced fats, and ability to provide longer satiety. Additionally, stevia integration with such necessities allows for robust product innovation. As per a sensory study, around 50% of sugars present in a strawberry-sugar flavored yogurt can be readily substituted by stevia (rebaudiana A) without any perceivable taste changes. Furthermore, yogurt’s nutrient profile is fulfilled with immense proteins, as per a Kerry Group study, consumers are ready to pay a premium of 10-15% if the products are positioned and claimed as “fortified with proteins”. Owing to these reasons, the segment held a dominant share. However, Ice-Creams are estimated to be the fastest-growing, with a CAGR of 9.7% over the forecast period of 2022-2027. Ice-Cream has been the most consumed and popular frozen dessert, and its acceptance is high owing to its robust sucrose presence. Moreover, industry experts believe that stevia’s natural label claim provides the “aware” consumers a chance to change their consumption patterns, and incline towards beverages that will fulfill their nutritional goals while simultaneously working on taste fulfillment.

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Global Stevia Dairy Product Market Segment Analysis- By Distribution Channel

The global stevia dairy products market based on distribution channels can be further segmented into offline stores and online stores. Online Stores held a dominant market share in the year 2021. Online retail channels picked up during the year owing to pandemics. People have started to adapt to the new normal, where activities such as work from home and college from home have become prevalent. Additionally, recent surveys from Chicory Third Annual Grocery Usership revealed that digital platforms are being preferred more than offline stores. As per the participants of the survey, around 72% purchased basic groceries items online in the last 90 days, while around 52% said that they have placed grocery orders online at least once every week. Furthermore, online retail is estimated to be the fastest-growing, with a CAGR of 9.4% over the forecast period of 2022-2027. Convenience was ticked by maximum respondents, while around 46% of respondents cited convenience or time constraints as their primary motivation for ordering online, and only around 10% governing that reason for online purchases is a resultant of health worries. Moreover, the CEO of Chicory feels that digital grocery shopping is here to stay, and consumers would continue to prioritize their convenience over everything else. Owing to these trends, the sales would grow exponentially through these channels.

Global Stevia Dairy Product Market Segment Analysis- By Geography

The global stevia dairy product market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of the World. North America held a dominant market share of 35% in the year 2021. The region has been growing extremely wary of its food consumption trends and is inclining towards products that are free from processed sugars or are free from sugar. As per CDC, around 11.4% of the U.S. population have diabetes, and an even greater percentage is on the brink to develop type-1 diabetes. However, a major portion of consumers still have their preferences tied towards ice-creams and flavored drinks that have high amounts of sucrose, hence, product manufacturers are aligning products in the market which can substitute some amounts of sucrose with stevia. However, Asia-Pacific is expected to offer lucrative growth opportunities over the forecast period of 2022-2027. Product innovations along with spectacular demand and production from the likes of China and India would allow the market of such alternatives to grow. Additionally, the region has countries with various forms of CVDs, which would push them to consume dairy products with stevia blend.

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Global Stevia Dairy Product Market Drivers

The growing disease burden pertaining to high sugar consumption and overall pessimistic sentiments regarding the use of processed sugar has been a key driver for the market

Obesity has been a growing concern and has taken grip over the young and adults alike. Sugar and processed sugar products have been often linked with incidences of obesity and subsequent diabetes. Moreover, as per CDC, around 40% of American adults aged over 20 have been termed as obese, and similar statistics follow the rest of the world. WHO and other allied health service authorities are now pushing forward to introduce a sugar tax on manufacturers-to reduce their heavy alliance over-processed sugar in any or every product. For example, as per the Australian Medical Association- a tax of 40 cents per 100 grams of sugar can help in reducing the consumption of non-nutritional sweetener drinks by up to 12-18%. The said move has taken immense traction since AMA announced that around 2.4 billion liters of sugary drinks are consumed each year in the said region. High sugar diets have led to diabetes around the world-thereby with the availability and use of natural sugar substitutes such as stevia with zero additional calories and no incidence of spiking blood glucose levels can successfully aid the growing concern amongst the world authorities.

A strong association of dairy products within developing regions owing to their medicinal properties along with health consciousness pertaining to obtaining less sugary or processed-sugar-free products has allowed the market to grow

Dairy drinks and beverages have held a close association in developing and developed regions and countries within. The association has been closely knitted owing to the various functional advantages of dairy when compared to any other form of food or drink. Further, dairy products are a powerhouse of nutrients which include calcium, potassium, phosphorus, protein, vitamin A, D, B12, riboflavin, and niacin. The listed ingredients have been hovered and connected with covering a unique health aspect. For example, osteoporosis, a common form of bone deformation condition affects around 12.6% of the U.S. population and is primarily caused by low calcium intake. Doctors across the world have often attributed those good amounts of dairy milk or other products to allow for stronger bones. The production capacity of dairy has been growing in the likes of countries like India which will allow an easy availability of raw materials to end product users. As per an economic survey, India’s milk production capabilities have grown by around 35.61% within the last six years, and further projection estimates that the growth is not going to slow down soon. International commitments and local demand would allow for better integration of stevia with milk products.

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Global Stevia Dairy Product Market Challenges

The growing prevalence of lactose intolerance supplemented by the higher interest of people towards cruelty-free products such as vegan sources of milk has impeded market growth

Lactose intolerance has gripped the market and has become a bottleneck for various product manufacturers. As per global estimates, around 68% of the world population suffers from lactose intolerance. Furthermore, plant-based dairy alternatives are growing more diverse, by offering competitive pricing and healthy label claims such as of that being cruelty-free, gluten-free, fortified by proteins and essential nutrients, and non-GMO induced products. As per the plant-based food association, plant-based milk grew at a robust pace of 20.4% from 2019. Additionally, International Dairy Food Association, export delays, and other supply chain challenges within the dairy segment cost $1.5 billion to the industry. Lastly, stevia has been used in modulation with sugar or other sweeteners which makes the pure benefits of it being sugar-free false, while if only stevia is used in dairy products, it leaves a bitter after taste which has been a key problem for manufacturers.

Global Stevia Dairy Product Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Stevia Dairy Product Market. The top 10- Global Stevia Dairy Product Market companies are:

Fonterra Co-Operative Group,

LACTALIS Ingredients,

Schrieber Foods Inc,

Danone Inc,

Saputo Inc.

Alpen Dairies

Lactoland

Miraka

Dairy America

Nestle S.A

Recent Developments

In January 2022, Codex Alimentarius- International Food Standard Safety Authority adopted the specification of four stevia technologies- which includes Sweegen’s Bioconversion. The significance of the adoption is that there is now a more streamlined approach to regional adoption of new production technologies. This will provide greater access to less common and better-tasting steviol glycosides at scale and a more sustainable supply of sugar-like tasting ingredients.

In September 2021, Nascent Health Sciences LLC received a “no-questions” letter from the U.S. FDA in response to its GRAS notice for the So-Pure Steviol Glucosides. The following nod would allow the company to expand its portfolio and would allow for better end-product integration. The nod provides the end-product industries to be assured that stevia supply is not only grown naturally and sourced sustainably but is also safe and backed by stringent regulatory approvals.

In April 2020, Ingredion Inc and Pure Circle Limited have announced that the former company would take up to 75% of the stake in the latter’s company. Pure Circle is a leading producer and innovator of stevia sweeteners for the global food and beverage industries. Ingredion is a leading global provider of plant-based ingredient solutions to diversified industries. Ingredion has further communicated that sugar reduction has been one of Ingredion’s five specialties and stevia would be a core product within their sugar reduction portfolio.

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[pravalika]

Natural Sweeteners Market - Forecast (2022 - 2027)

Natural Sweeteners Market Size is estimated to reach $3.9 billion by 2027 and it is poised to grow at a CAGR of 6.3% over the forecast period of 2022-2027. Natural sweeteners are healthier than regular sugar since they are made from natural substances. Products like honey, maple syrup, stevia, xylitol, mannitol and erythritol are some of the most popular natural sweeteners used for commercial purposes. North America held a dominant market share in the year 2021, owing to the growing prevalence of obesity and diabetics hence driving the Natural Sweeteners Market size in this region. Growing customer preference for low-calorie sugar products in bakeries, beverages and confectionery is another important factor boosting the natural sweeteners industry. Also, the growing government initiative and increasing awareness in consumers to reduce sugar intake support market growth. For instance, the National Salt and Sugar Reduction Initiative (NSSRI) of the U.S., the government set sugar and salt reduction targets as diet-related diseases become a leading cause of death in the U.S, in February 2021 the initiative released its targets for sugar reduction across 15 categories of foods and beverages, thereby, enhancing the Natural Sweetener Industry over the forecast period 2022-2027.

Natural Sweeteners Market Report Coverage

The “Natural Sweeteners Market Forecast (2022-2027)" by Industry ARC, covers an in-depth analysis of the following segments in the Natural Sweeteners Market.

by Type: Stevia, Palm Sugar, Coconut Sugar, Honey, Maple Syrup, Monk Fruit Sugar, Agave Syrup, Lucuma Fruit Sugar, Molasses and Natural Sweetener Blends. by Form: Powder, Liquid and Crystal. by Nature: Organic and Conventional. by End-use: Food & Beverage, Pharmaceuticals, Personal Care and Tabletop Sweetener. by Distribution Chanel: Supermarket, Hypermarket, Wholesaler, Retail Seller and E-Commerce. by Geography: North America (the U.S., Canada and Mexico), Europe (Germany, United Kingdom (UK), France, Italy, Spain, Russia and the Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia and New Zealand and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of the World (the Middle East and Africa).

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Key Takeaways

Geographically, North America held a dominant market share in the year 2021, owing to the growing prevalence of obesity and diabetics hence driving the Natural Sweeteners Market size in this region.

The Natural Sweeteners Market is predicted to increase owing to its growing demand in bakeries and food and beverages.

However, the excessive consumption of natural sweeteners and chances of health problems may limit the Natural Sweeteners Industry growth over the forecast period 2022-2027.

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the Natural Sweeteners Market Report.

Natural Sweeteners Market Segment Analysis - by Type

The Natural Sweeteners Market based on type can be further segmented into Stevia, Palm Sugar, Coconut Sugar, Honey, Maple Syrup, Monk Fruit Sugar, Agave Syrup, Lucuma Fruit Sugar, Molasses and Natural Sweetener Blends. The stevia segment held a dominant market share in the year 2021. When stevia does not add up extra carbohydrates or calories in a product they are mixed with and also it does not affect blood glucose or insulin response, which drives the growth of the Natural Sweetener Market Share.

However, Natural sweetener blends are estimated to grow with the fastest CAGR of 7.7% over the forecast period 2022-2027. This is owing to the use of various natural sweetener blends for various purposes such as pharmaceutical products, low-calorie sugar food and oral care products hence, enhancing the Natural Sweetener Market Share over the forecast period 2022-2027.

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Natural Sweeteners Market Segment Analysis - by End-use

The Natural Sweeteners Market based on the end user can be further segmented into Food & Beverage, Pharmaceuticals, Personal Care and Tabletop Sweeteners. The Food & Beverage segment held a dominant market share in the year 2021. This is owing to the growing demand for natural sweeteners in the food and beverage and bakery industry. The Food and Health Survey conducted by International Food Information Council (IFIC) Foundation in 2019 found that 69% of participants choose products with no artificial ingredients and 62% of participants read to pay 10% more for a product without artificial ingredients. Such growing demand for natural sweeteners such as stevia, sorbitol, xylitol, mannitol, erythritol and others in food and beverages drives the growth of the Natural Sweetener Market Share. 

However, Pharmaceutical is estimated to grow with the fastest CAGR of 7.5% over the forecast period 2022-2027. This is owing to the use of natural sweeteners to mask the flavor and odor of drugs and syrup in the pharmaceutical industry, hence driving the growth of the Natural Sweeteners Market Share over the forecast period 2022-2027.

Natural Sweeteners Market Segment Analysis - by Geography 

The Natural Sweeteners Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America and the Rest of the World. North America held a dominant market share of 32% in the year 2021. This is owing to the high growth of the bakery industry and the growing demand for natural and organic ingredient-based products in this region. Also, according to a study report published in Food Business News in January 2021, natural products held $1 for every $10 spent in the United States. Such growing demand for natural sweeteners like stevia, sorbitol, xylitol, mannitol, erythritol and others; in this region drive growth of the Natural Sweeteners Market Size. 

Furthermore, the Asia-Pacific is estimated to grow with the fastest CAGR over the forecast period 2022-2027. This is owing to the growing consumption of sugar and sugar products in this region, hence driving the growth of the Natural Sweeteners Market Share over the forecast period 2022-2027.

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Natural Sweeteners Market Drivers

Growing Prevalence of Obesity and Diabetes Drive Market Growth

The increasing prevalence of obesity and diabetes restricts the majority of the population from consumption of sugar. According to (WHO) 442 million people around the world are living with diabetes. Owing to obesity, diabetes and other health risks most people prefer natural sugar as a substitute for table sugar or cane sugar. For instance, in July 2022, Luker Chocolate launched a new sweetener range that includes erythritol & stevia 40% no-added-sugar milk chocolate and erythritol & stevia 70% sugar-free dark chocolate hence, driving the growth of the Natural Sweetener Industry over the forecast period 2022-2027. 

Growing Awareness about Benefits of Natural Sweeteners Drive Market Growth

The increasing consumption of high-calorie drinks and bakery products and their relation with obesity is well-known. In a research study carried out by ‘Imperial College London’ in 2020, researchers found that being overweight or obese increases a person’s risk of coronary heart disease (CHD) by up to 28%. Such increasing awareness of consumers increased demand for natural sweeteners such as stevia, sorbitol, xylitol, mannitol, erythritol and others and driving the growth of the Natural Sweeteners Industry over the forecast period 2022-2027.

Natural Sweeteners Market Challenge

Premium Price of Natural Sweeteners is Hampering Market Growth

The price of natural sweeteners is costly compared to artificial sweeteners and table sugar. This is owing to its specialties such as low or no calories and no adverse health effects. Also, the growing trend of natural products, clean label products and plant-based products surges demand for natural sweeteners in the market which influence their price. For instance, the average price of stevia sugar is INR 225, while the price of table sugar is INR 55 in India. Such price difference may impact Natural Sweeteners Industry expansion over the forecast period 2022-2027.

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Natural Sweeteners Industry Outlook

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Natural Sweeteners Market. The top 10 companies in the Natural Sweeteners Market are:

DuPont de Nemours Inc.

Archer-Daniels-Midland Company

Tate & Lyle PLC.

Cargill, Incorporated

Ingredion Incorporated

Roquette Frères

FoodChem International Corporation

PureCircle Ltd.

MacAndrews & Forbes Holdings Inc.

Ecogreen Oleochemicals Pvt. Ltd.

Recent Developments

In February 2021, DuPont Nutritional Bioscience and International Flavours & Fragrances Inc announced the completion of the merger. The combined company will continue to operate under the name IFF.

In July 2021, ADM reached an agreement to acquire Sojaprotein, a leading European provider of non-GMO soy ingredients. Sojaprotein has sales in 65 countries, offering a wide array of non-GMO vegetable protein ingredients for an extensive list of European and global consumers.

In July 2021, Tate & Lyle, a leading global provider of food and beverage ingredients and solutions, announced that it has completed the acquisition of Quantum Hi-Tech (Guangdong) Biological Co., Ltd (Quantum), a leading prebiotic dietary fiber business located in China.

[creativeera]

Stevia Market is estimated to Witness High Growth Owing to Rising Health Conscious Consumers

Stevia is a natural low-calorie sweetener extracted from the leaves of the plant species stevia rebaudiana. It is about 200-300 times sweeter than sugar but contains no calories or carbohydrates. The growing awareness about health issues like obesity and diabetes has increased the demand for low-calorie sweeteners such as stevia.

Global stevia market size is expected to reach US$ 1.79 Bn by 2031, from US$ 1.00 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 10.1% during the forecast period (2024-2031).

Key Takeaways Key players operating in the Stevia are Merck, iCo Therapeutics, AEterna Zentaris, AEterna Zentaris AG, Eurofins Advinus, Pieris Pharmaceuticals, Dafra Pharma. Stevia provides various opportunities for food and beverage manufacturers to offer natural low-calorie options to health-conscious consumers. The increasing population of diabetes and obesity patients globally is expected to drive the demand for stevia. The rising awareness about healthier lifestyles has resulted in a growing preference for low-calorie sweeteners like stevia over sugars. Owing to its natural origin, zero-calorie sweetness, and myriad health benefits, Stevia Market Insights is finding wider acceptance globally in the food and beverage industry. Market Drivers The rising health conscious consumer base is the key driver boosting the growth of the stevia market. Stevia is getting widely accepted as a natural sweetener due to increasing number of health-conscious people opting for low-calorie sugar alternatives. According to a recent survey, over 50% of global consumers read nutrition labels carefully before purchasing food products. This rising trend of conscious consumerism is driving the demand for all-natural sweeteners like stevia instead of sugar. The market is expected to witness high growth with increasing consumer awareness about adverse effects of sugar consumption.

PEST Analysis Political: The stevia market is governed by various regulations regarding food additives, flavors, and sweeteners at regional as well as international levels. Government policies and strict regulations regarding the use of artificial sweeteners are expected to support the growth of the natural stevia sweetener market. Economic: Changing lifestyles and increasing health awareness among people have been driving the demand for low-calorie natural sweeteners. The rising prices of sugar and artificial sweeteners are encouraging manufacturers to explore cost-effective natural sweetening alternatives like stevia. Social: Rising health consciousness, increasing prevalence of lifestyle diseases and growing preferences for natural food ingredients are fueling the demand for low-calorie sugar substitutes like stevia. Consumers are becoming more inclined towards ingredients that are natural, environment-friendly with no associated health risks. Technological: Plant breeding developments and advanced extraction techniques are helping overcome constraints in the large-scale production of purified steviol glycosides from the stevia leaf. Continuous efforts to develop new extraction methods to acquire high purity steviol glycosides at low costs are expanding commercial uses of stevia. Stevia Market Concentration by Geographical Regions The Asia Pacific region dominates the global stevia market, accounting for the highest share in terms of both production and consumption. Countries like China, India, Korea are among the leading producers of stevia leaf and extracts worldwide. Growing health awareness, increasing diabetic population and rising disposable income levels in developing Asian countries are augmenting product demand. Fastest Growing Region for Stevia Market North America region is identified as the fastest growing regional market for stevia backed by increasing product adoption in the food and beverage industry. Rising obesity rates, preference shifts towards low-calorie sugar alternatives and ongoing approval of newer stevia varieties by regulatory authorities in the U.S and Canada are fueling market expansion across the region.

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About Author:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

[marshalljohn080-blog]

North America Stevia Market Is Further Estimated To Grow At A CAGR Of 8.5% In The Forecast Period Of 2020-2025

According to a new report by EMR titled, ‘North America Stevia Market Report and Forecast 2019-2024’, the North America stevia market is being driven by the growing global stevia market, which attained a value of nearly USD 480 million in 2018. It is further estimated to grow at a CAGR of 8.5% in the forecast period of 2019-2024.

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Competitive Landscape & Supplier Analysis:

1. PureCircle (OTCMKTS: PCRTF) 2. Cargill, Incorporated 3. Archer-Daniels-Midland Company (NYSE: ADM) 4. Ingredion Incorporated (NYSE: INGR) 5. GLG Life Teach Corporation 6. Tate & Lyle 7. Stevia First Corporation 8. Sweegen 9. Others

The North America stevia market is one of the leading stevia markets globally. Within North America, the US has emerged as a leading stevia market owing to an increased demand for natural sweeteners in the country. The US stevia output, in 2018, recorded an increase of 12% in comparison to the previous year. The stevia market has gained a boost from an increasing demand for sugar substitutes in the food and beverage sector. The soft drinks segment lead in the stevia application in North America. Soft drinks, being a leading sector in both the North America and Latin America stevia markets, account for over 30% of stevia application in these two regions. The increasing cases of diabetes and obesity in North America, along with the strict government regulations on the use of sugar, are further propelling the market growth.

Read Full Report With TOC:- https://www.expertmarketresearch.com/reports/north-america-stevia-market

Due to the growing innovations, the North America stevia market has witnessed a healthy growth. The leading companies are incorporating Reb M based stevia sweeteners in their products due to their superior taste and zero-calorie content. In North and Latin America, as soft drinks lead in stevia application, their growing popularity provides a further boost to the stevia market with major beverage companies like Coca Cola (NYSE: KO) introducing diet drinks with stevia as the sweetener. In 2018, Tate & Lyle PLC (LON: TATE) launched its first premium Reb M stevia sweetener, TASTEVA® M Stevia Sweetener, providing a natural alternative to sugar and, thus, allowing for new innovations in the food and beverage sector.

Market Breakup by Extract Type:

1. Leaf 2. Powder 3. Liquid

On the basis of extract type, stevia can be divided into leaves, powder, and liquid form.

Market Breakup by Extract Application:

1. Food and Beverages 2. Oral Care 3. Pharmaceutical 4. Tabletop Sweetener 5. Others

Food and beverages, pharmaceutical, oral care, and tabletop sweetener, among others, are the common application sectors for stevia.

Market Breakup by Extract Region:

1. United States of America 2. Canada

The United States of America and Canada, among others, are the major regional markets in the North America stevia market.

Key Findings of the Report:

1. The increase in the demand for low-calorie products due to rising health concerns among the consumers is propelling the stevia market forward. 2. The steps taken by the government to reduce sugar consumption level is further propelling the North America stevia market. 3. With the increasing popularity of energy drinks in the beverage sector, the companies are producing stevia-based products due to their low-calorie content, which is propelling the market forward. 4. The reduction in the consumption of artificial products with the introduction of natural products is driving the market growth.

Key Offerings of the Report:

1. The EMR report gives a detailed analysis of the extract type, application, and regions for the North America stevia market for the periods (2014-2018) and (2019-2024). 2. The report gives an in-depth analysis of the regional historical (2014-2018) and forecast (2019-2024) price trends of stevia. 3. The report provides an assessment of the market based on the Porter’s Five Forces model along with a SWOT and value chain analysis.

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https://www.expertmarketresearch.com/reports/mannitol-market https://www.expertmarketresearch.com/reports/natural-sweeteners-market https://www.expertmarketresearch.com/reports/asia-pacific-natural-sweeteners-market https://www.expertmarketresearch.com/reports/middle-east-and-africa-natural-sweeteners-market

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[foodsindustry]

Stevia Market Demand Is Booming Across the Globe by Growth, Segments and Future Investments

Overview

The Stevia market is anticipated to grow rapidly at a high CAGR during the forecast period. The global stevia market is driven by growing popularity among health-conscious consumers and numerous applications spanning diverse sectors. These factors have helped shape the stevia market and are expected to boost the growth. Companies in the stevia market could also face challenges such as availability of substitutes in the zero-calorie products segment. The details covered in the stevia market report cover all the aspects of the industry. stevia market analysts have also shared growth projections in the report and have suggested stevia market players to plan growth strategies accordingly.

Industry News 

Tate & Lyle has purchased Sweet Green Fields, a stevia provider, reinforcing the stevia solutions and expertise of the multinational ingredients business by developing a vertically integrated system for supply along with centralised r&d to develop to promote the production of stevia products. In 2017, it became the world-wide distribution company of SGF's range of stevia-based products, Tate & Lyle initiated its collaboration with SGF. The business then gained a 15% equity stake in SGF the next year.

Regional Overview

Companies in the stevia market are spread across the world. The stevia market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American stevia market demand has many companies across the United States, Canada, and Mexico. Europe has companies in the stevia market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the stevia market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The stevia market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the stevia market can be found in the market research report.

Market Segmentation

The global stevia market has been segmented based on type and application. On the basis of type, the market for stevia is segmented based on liquid, powder, whole leaf, and others. Additionally, the market on the basis of application, is segmented into bakery & confectionery, beverages, convenience foods, tabletop sweeteners, dairy, and others.

Factors like growing awareness about health benefits and increasing stevia penetration in the segment of beverages, especially in carbonated drinks support the stevia market growth. The performance of the stevia market has also been studied for the past and current years. Additionally, the stevia market report provides analysis of these segments. The stevia market segmental analysis provided in the report offers major details about the stevia market performance and future. As customers continue to check out meals and drinks that are easier to digest, demand for stevia target has risen exponentially. Internationally, from 2022 to 2030, product announcements containing stevia rose significantly.

Competitive Landscape

The stevia market is supported by technology advances and expanded delivery networks. The population growth around the world and increasing Stevia Market Demand based services and products also support the market growth. However, the stevia market growth can be affected due to the rising popularity of other substitutes. The report covers all such details which will help companies in the stevia market to strengthen their business plan and improve their product portfolio. The stevia market research report also provides company profiles of major companies. The company profiles of many organizations operating in the stevia market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the stevia market. New companies and established businesses can plan their strategies based on this data provided in the stevia market research report.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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[isucheta]

Portable Nature and Recyclability of Metal Cans Fueling the Beverage Metal Cans Market Growth

The beverage metal cans market is projected to reach US$ 47,852.42 million by 2028 from US$ 34,363.14 million in 2022; it is expected to grow at a CAGR of 5.7% during 2022–2028. Metal cans' recyclable features are boosting the industry since manufacturing items from recycled metals requires less energy, decreases carbon emissions, and uses less water than raw materials.

The demand for portable and efficient packaging solutions for beverages drives market expansion. The increased use of non-alcoholic beverages among health-conscious customers is predicted to stimulate demand for beverage cans. The introduction of sports drinks and fruit juices, as well as the rising consumption of Ready-to-Drink (RTD) products in can packaging, are likely to boost the market growth. With rising health consciousness among customers worldwide, beverage makers are upgrading and launching products with an emphasis on natural, low-calorie, and low-sugar ingredients like stevia. This is expected to increase the number of health-conscious customers.

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Metal beverage cans are used to protect beverages from the outside environment, tampering, and support the product during transit or handling. Metal beverage cans aid in the constant distribution of beverages across the value chain, reducing manufacturing or transition losses. Metal packaging materials are used in the beverage sector for soft drinks, water, beer, dairy products, sports and energy drinks, ready-to-drink tea & coffee, alcoholic drinks, and other products.

The leading global beverage metal cans market players include Ball Corporation, Crown Holdings, Inc., Ardagh Group S.A., Canpack, Orora Packaging Australia Pty Ltd., Amcor plc., Silgan Containers LLC, GZI Industries Limited, Showa Denko K.K., and Envases Group. These players are focused on strategies such as research and development and new product development to increase the geographical presence and consumer base globally.

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