Plant-Derived Sugar Market: Market Outlook
Plant-derived sugar is obtained from the different plants which are also used as a natural sweetener. The plant-derived sugar is different from synthetic sugar as it is less harmful and contains low calorie. The added sugar in food products offers sweetness to the food but subsequently also associated with the various disease such as obesity, heart diseases, and most prominent diabetes. This factor has increased the interest in the usage of plant-derived sugar in food products which are considered as a health beneficial and nutritional substitute of sugar. Some of the plant-derived sugar including the stevia, Xylitol, Erythritol, Yacon Syrup, and others are a suitable replacement of sugar to reduce the risk of having different disease from sugar.
The plant-derived sugar is presumed to be a healthy option to use in food products. High-calorie sugar negatively affects the body as it increases the chances of heart diseases and diabetes. The plant-derived sugar was available in the liquid, crystal, and powder form which is suitable to use for the varieties of food products. The consumer across the world are preferring the health-conscious diet and avoiding the sugary foods which contain the high calorie and responsible for the heart problems. The plant-based sugar is also increasingly gaining attention due to increasing adoption of plant-based products in food and beverages industry.
Rising demand for the natural-based food products is driving the global plant-derived sugar market
A large number of consumers are favoring the natural ingredients in their diets. The growing importance of natural ingredients in food and beverages industry is well noticed and consumer and as well as manufacturers are approaching the natural ingredients. Hence, the adoption of natural ingredients in food and beverages industry is also fueling the demand for plant-derived sugar. Consumers are looking for healthier option as a substitute for sugar and plant-derived sugars like stevia, Xylitol, Erythritol, Yacon Syrup, Coconut Sugar, Maple Syrup are sugar substitutes available in the market. Most of the diabetic patient demand for zero-calorie sugar and stevia is a suitable option for it. Demand for stevia is increasing as it doesn’t contain calorie not associated with any adverse health effects. Another plant-based sugar is xylitol which is extracted from corn and also found in many fruits and vegetables. Furthermore, ongoing food trends and innovations in the food and beverage industry are also helping to thrive in the plant-derived sugar market. Consumer preferred food ingredients which contain minimum synthetic products and preservatives. This drives the market for Plant-derived sugars across the globe. However, high pricing of plant-derived sugar as compared to the normal sugar is among the restraining factor for the global plant-derived sugar market.
Global Plant-derived sugars Market: segmentation
On the basis of product type, global Plant-derived sugars Market has been segmented as –
On the basis of Form, global Plant-derived sugars Market has been segmented as –
On the basis of Distribution Channel, global Plant-derived sugars Market has been segmented as –
On the basis of region, global Plant-derived sugars Market has been segmented as –
Global Plant-derived sugars Market: Key Players
Some of the key players identified across the value chain of the global Plant-derived sugars Market include Tate & Lyle, Niutang Chemical Ltd., MacAndrews & Forbes, Cargill, Ajinomoto Co., DuPont, Symrise AG, Nestlé S.A., Archer Daniels Midland Co., Wilmar International Ltd., American Sugar Refining Inc., Associated British Foods, Ingredion Inc., and Roquette Frères etc.
Opportunities for Participants in the Plant-derived sugars Market –
Consumer preference shifting towards natural ingredients based on food and beverages products and especially in the soft drinks industry where the consumer is seeking low sugar drinks. To meet their demand food and beverage industry, market participants are getting the potential opportunity for in the global plant-derived sugar market. Moreover, the growing consumption of the western desert in South AND East Asia is also providing the beneficial opportunity the market participants.
Global Plant-derived sugars Market: Regional Outlook
Europe is leading in the global plant-derived sugars market by showing the highest value share due to the highly developed food and beverages industry in the region. Whereas, North America is followed by Europe is also showing the significant value share in global plant-derived sugars market and the major reason is growth in the consumption of natural sweetener in the region. However, South and East Asia are displaying the highest growth in the global plant-derived sugars market due to increasing spending on food products and change in lifestyle in the regions.