The global natural sweeteners market size is estimated to be valued at USD 2.8 billion in 2020 and projected to reach USD 3.8 billion by 2025, recording a CAGR of 6.1% during the forecast period.
The global natural sweeteners industry has witnessed growing trends in the past years. The growth of this industry is majorly driven by increase in health consciousness among consumers to encourage the demand for healthier food choices, increase in demand for natural sweeteners due to the rise in consumer inclination toward natural products, and growing demand for sugar alternatives in various applications in the food & beverage industry.
Key players in this market include 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), Ecogreen Oleochemicals Pvt Ltd (Indonesia), Pyure Brands LLC (US), Stevia Hub India (India), Suminter India Organics (India), Stevia Biotech Pvt Ltd (India), The Real Stevia Company (Sweden), Sweetly Stevia USA (UK), XiliNat (Mexico), Fooditive B.V. (Netherlands), Saganà Association (Switzerland), and Hearthside Food Solutions LLC (US).
Cargill Inc, is involved in the manufacturing and marketing of food ingredients, agricultural products, risk management & financial services, and industrial products around the globe. The company’s key business segments include animal nutrition, food & beverage, bioindustrial, foodservice, agriculture, risk management, meat & poultry, industrial, beauty, pharmaceutical, and transportation. It offers a wide range of natural sweetener products under its food & beverage and pharmaceutical segments to several players in the pharmaceutical and food & beverage industry players.
Cargill has a strong geographical presence in over 125 countries across regions, such as North America, Latin America, Asia Pacific, Europe, North Africa, the Middle East, and Africa. It operates its R&D centers in over 200 locations in the European and North American regions. Some of the company’s major research facilities are Minneapolis R&D and Innovation Centers, Asia Innovation Center, Biotechnology Development Center, Cargill ONE Innovation Center, and European Food Innovation Center.
Tate & Lyle is engaged in the manufacturing and marketing of food and industrial ingredients. The company operates through two business segments—food & beverage solutions and primary products. These two business units are sustained by globalized support services, innovation & commercial development, and global operation groups. It serves a broad range of applications in food & packages, feed, industrials, and pharmaceuticals & personal care.
