Plant Based Sweeteners Market Growth, Revenue Share Analysis, Company Profiles, and Forecast

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The global plant-based sweeteners market size was USD 2.98 Billion in 2021 and is expected to register a revenue CAGR of 6.02% during the forecast period, according to the latest analysis by Emergen Research. Growing health consciousness and awareness about artificial sweeteners among consumers are major factors projected to support market revenue growth between 2021 and 2030. Demand for plant-based sweeteners has increased due to rising consumption of plant-based natural products, global ongoing food trends, and product advancements in the food & beverage industry. Moreover, rising product launches from major companies is also driving revenue growth of the market. For example, ADM’s next-generation stevia extraction and purification technology, SweetRight Edge offers a superior flavor profile while reducing the need for maskers. With 15% more sweetness than traditional steviol glycosides, this novel technique enables the company to maximize glycosides for outstanding flavor while eliminating undesirable qualities such as bitterness and astringency.

The latest market intelligence report broadly assesses this ever-evolving business sphere and simultaneously elaborates on the production and consumption aspects. The study analyzes numerous indispensable factors, including market growth drivers, opportunities, restraints, and challenges, which are presumed to impact the global market growth in the next few years. The SWOT and Porter’s Five Forces analyses performed in this report assist the reader in understanding the competitive hierarchy of the Plant Based Sweeteners market. 

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Competitive Outlook: The leading companies operating in the Plant Based Sweeteners market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Plant Based Sweeteners Market and Profiled in the Report are:

Cargill Incorporated, Archer Daniels Midland Company (ADM), Ingredion, DuPont, Roquette Frères, Pyure Brands LLC., Steviahubindia, Fooditive Group, Foodchem International Corporation, Evolva, Wisdom Natural Brands, GLG Life Tech Corp., and MacAndrews & Forbes Incorporated

Objectives of the Report:

Study of the global Plant Based Sweeteners market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Plant Based Sweeteners market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Plant Based Sweeteners market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Plant Based Sweeteners market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

Type Outlook (Revenue, USD Billion; 2019–2030)
Stevia
Monk Fruit Sugar
Sorbitol
Xylitol
Yacon
Molasses
Agave
Lucuma Fruit Sugar
Others
Form Outlook (Revenue, USD Billion; 2019–2030)
Crystal
Liquid
Powder
Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
E-commerce Stores
Retail Stores
Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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