NATURAL SWEETENERS MARKET ANALYSIS

Natural Sweeteners MarketSize and Trends

Global natural sweeteners market is expected to surpass US$ 4.63 Bn by the end of 2030 and exhibit a CAGR of 3.82% during the forecast period (2022 to 2030). Growing demand for natural sweeteners among the aging and geriatric population for their daily diet and exercise activities is expected to drive the product demand. Furthermore, natural sweeteners offers a wide range of applications in bakeries, desserts, beverages, confectionaries, dairy products, and others, and this is driving growth of global natural sweeteners market.

Market Trends

Research and developments activities among the global natural sweeteners market

Rising investments in research and development across the global natural sweeteners market, for better production of more efficient natural sweeteners is expected to create lucrative opportunity for natural sweeteners market players. For instance, GLG Lifetech, one of the global natural sweeteners market players, partnered with ADM (Archer Daniels Midland) company, a global market player in agricultural origination and processing company that offers animal and human nutrition products, on March 23, 2017. This partnership offered two new sweetener brands named as Very Sweet monk fruit and Sweet Right stevia that is further used in low-calorie food products, such as dairy products, juices, soft drinks, desserts, candies, and others. .