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 report studies the historical data of the Plant Based Sweeteners market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Plant Based Sweeteners industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Plant Based Sweeteners market.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed 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
Research Report on the Plant Based Sweeteners Market Addresses the Following Key Questions:
- Who are the dominant players of the Plant Based Sweeteners market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Plant Based Sweeteners market?
- What are the key growth drivers and restraining factors of the Plant Based Sweeteners market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Plant Based Sweeteners market and its key segments?
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Emergen Research has segmented the global Plant Based Sweeteners market on the basis of type, type of care, and region
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
In conclusion, the Plant Based Sweeteners Market report is an exhaustive database that will help readers formulate lucrative strategies. The Plant Based Sweeteners Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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