Plant Based Sweeteners Market Size by 2030 | Industry Segmentation by Type and Top Companies Profiles

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Rising use of plant-based sweeteners in diet and soft drinks and Increasing innovative product launches by startup companies are major factors driving market revenue growth

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.

This report on Plant Based Sweeteners market offers a detailed analysis of the trends along with the prospective growth of the same in the forecasted period. It evaluates the pricing, demand, growth, revenue, size and gross margin of the industry. For this study, the historical data has been collected from the years 2016 and 2017, taking the year 2018 as the base year and drawing a forecast for the years 2020 to 2027. The industry has seen a stable growth recently and its demand is projected to rise rapidly in the future.

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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

Key reasons to buy the Global Plant Based Sweeteners Market report:

  1. The latest report comprehensively studies the global Plant Based Sweeteners market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Market Segmentations of the Plant Based Sweeteners Market

  • 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

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Regional Outlook of the Plant Based Sweeteners Market

The global Plant Based Sweeteners market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Plant Based Sweeteners market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Plant Based Sweeteners Market report:

  1. The latest report comprehensively studies the global Plant Based Sweeteners market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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