North America Natural Sweeteners Market Key Insights:
The North America natural sweeteners market is being aided by the rising demand for stevia. The global stevia industry grew at a CAGR of 8.5% between 2014-2018 and is expected to reach a production value of USD 785 million by 2024. In the US, stevia witnessed a robust 12% growth in 2018, as compared to 2017, attaining a value of USD 250 million.
In North America and LATAM, soft drinks is the leading application sector for stevia with an over 30% market share, followed by the sports nutrition and dairy sectors. Steviol glycosides, derived from the stevia plant, are the leading drivers of high-intensity sweeteners globally followed by monk fruit extracts.
While natural sweeteners are predominantly used in food and beverages sector, they are also finding increasing use in the pharmaceutical industry. Toothpaste and supplements are significant emerging application segments for natural sweeteners, which are expected to see further growth in the coming five years.
Properties and Applications
Sweeteners are used as additives in food with little to no sugar content to sweeten and enhance their flavour. They can be either nutritive or non-nutritive, natural or synthetic. Sweeteners differ in their sweetness and are categorised as low and high-intensity sweeteners on the basis of their relative sweetness to sugar/ sucrose. The leading natural sweeteners types are stevia, maple syrup, raw honey, molasses, and coconut sugar, among others.
While natural sweeteners find the majority of their application in the food and beverage sector, usually in foods and drinks marketed as ‘diet’ or ‘sugar-free’, they also find their use in sectors like pharmaceuticals and personal care, among others. Their major distribution channels are:
The report also looks in-depth into the major regional markets in North America like the United States and Canada.
North America is a leading natural sweeteners market. It is being driven by the rising consumer awareness about the adverse health impact of sugar with the increasing prevalence of obesity, high blood sugar and type-2-diabetes in the region. The growing demand for low-calorie food containing less or no sugar combined with a consumer apprehension towards artificial sweeteners is aiding the natural sweeteners industry growth in the region.
Stevia, derived from the leaves of a South American plant, is a popular natural sweetener in the region. While whole-leaf stevia and crude extracts of stevia are not approved by the US Food and Drug Administration, refined stevia preparations like Reb A are generally recognized as safe (GRAS) by the FDA. Stevia is widely used in baking as a sugar-replacement. However, a bulking agent like yoghurt, applesauce, or egg whites is added to stevia to match the bulk of sugar.
The rising trends towards various diets like low sugar or lifestyle diets like paleo or keto diets is further pushing the industry growth for natural sweeteners. With the growing preference of consumers with busier lifestyles for ready to drink (RTD) beverages in the US and Canada, the natural sweeteners industry is finding a greater impetus for further development in the region. They are also being increasingly preferred by consumers and manufacturers, both, due to the imposition of the sugary beverage tax, commonly referred to as soda tax, in multiple states in the US. The alternative sweeteners industry in the US is thriving due to the high production of non-alcoholic beverages, which are also exported outside the country. The industry is also being boosted by the innovations being undertaken in the energy and sports drink sector where natural sweeteners find extensive applications.
The report presents a detailed analysis of the following key players in the natural sweeteners market in North America, covering their capacities, market share and latest turn of events such as capacity expansions, mergers and acquisitions, and plant turnarounds:
SWOT analysis, value chain analysis and Porter’s five forces analysis of the market have been carried out. Manufacturing requirements, cost of project, project funding, returns on investment and expected profit margins have also been estimated by the EMR report.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Key Players
3.4 Supply Market Changes
4 Global Natural Sweeteners Market Outlook
5 Global Natural Sweeteners Market
5.1 Global Natural Sweeteners Market Analysis
5.1.1 Figure: Global Natural Sweeteners Historical Market and Forecast (2014-2024)
5.1.2 Chart: Global Natural Sweeteners Market
184.108.40.206 High Intensity Sweeteners
220.127.116.11 Low Intensity Sweeteners
5.1.3 Chart: Global Natural Sweeteners Market Breakup by Type
18.104.22.168 Maple Syrup
22.214.171.124 Raw Honey
126.96.36.199 Coconut Sugar
5.1.4 Chart: Global Natural Sweeteners Market Breakup by Application
188.8.131.52 Personal Care
5.1.5 Chart: Global Natural Sweeteners Market Breakup by Distribution Channel
184.108.40.206 Convenience Stores
220.127.116.11 Retail Stores
18.104.22.168 Online Retailers
5.1.6 Chart: Global Natural Sweeteners Market Breakup by Region
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Middle East & Africa
6 North America Natural Sweeteners Market
6.1 North America Natural Sweeteners Market Analysis
6.1.1 Figure: North America Natural Sweeteners Historical Market and Forecast (2014-2024)
6.1.2 Chart: North America Natural Sweeteners Market
184.108.40.206 High Intensity Sweeteners
220.127.116.11 Low Intensity Sweeteners
6.1.3 Figure: North America Natural Sweeteners Market: Historical Market and Forecast (2014-2024)
18.104.22.168 High Intensity Sweeteners
22.214.171.124 Low Intensity Sweeteners
6.1.4 Chart: North America Natural Sweeteners Market Breakup by Type
126.96.36.199 Maple Syrup
188.8.131.52 Raw Honey
184.108.40.206 Coconut Sugar
6.1.5 Figure: North America Natural Sweeteners Market Breakup by Type: Historical Market (2014-2018) & Forecast (2019-2024)
220.127.116.11 Maple Syrup
18.104.22.168 Raw Honey
22.214.171.124 Coconut Sugar
6.1.6 Chart: North America Natural Sweeteners Market Breakup by Application
126.96.36.199 Personal Care
6.1.7 Figure: North America Natural Sweeteners Market Breakup by Application: Historical Market (2014-2018) & Forecast (2019-2024)
188.8.131.52 Personal Care
6.1.8 Chart: North America Natural Sweeteners Market Breakup by Distribution Channel
184.108.40.206 Convenience Stores
220.127.116.11 Retail Stores
18.104.22.168 Online Retailers
6.1.9 Figure: North America Natural Sweeteners Market Breakup by Distribution Channel: Historical Market (2014-2018) & Forecast (2019-2024)
22.214.171.124 Convenience Stores
126.96.36.199 Retail Stores
188.8.131.52 Online Retailers
6.1.10 Chart: North America Natural Sweeteners Market Breakup by Country:
184.108.40.206 United States
6.1.11 Figure: North America Natural Sweeteners Market Breakup by Country: Historical Market (2014-2018) & Forecast (2019-2024)
220.127.116.11 United States
6.2 SWOT Analysis
6.3 Value Chain Analysis
6.4 Porter’s Five Forces Analysis
6.4.2 Buyer’s Power
6.4.3 Supplier’s power
6.4.4 New Entrants
6.4.5 Degree of Rivalry
6.5 North America Natural Sweeteners Price Analysis
6.5.1 United States
7 Competitive Landscape & Supplier Analysis
7.2 Cargill, Incorporated
7.3 Archer-Daniels-Midland Company
7.4 Ingredion Incorporated
7.5 GLG Life Tech Corporation
7.6 Tate & Lyle
7.7 Stevia First Corporation
8 Consumer Analysis
9 Events and Developments
10 Manufacturing Process
10.1 Detailed Process Flow
10.2 Operations Involved
10.3 Mass Balance
11 Cost Analysis
11.1 Land, Location and Site Development
11.3 Plant Machinery
11.4 Cost of Raw Material
11.9 Other Capital Investment
EMR is one of the foremost business intelligence and market research firms with a database of syndicated and customised reports spanning more than 100 industries across global and regional markets. We leverage the knowledge of our highly skilled team of over 100 analysts and more than 3000 independent consultants to provide our clients with thoroughly researched and reliable data tailored to their requirements. We help our clients, who range from Fortune 1000 companies to medium and niche enterprises, make informed strategic decisions through our varied tools and methodology.
Our meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. We understand the distinct nature and requirements for each market and thus, modify our methodology to best fit the industry in question. Our research methodology uses a combination of cutting-edge analytical tools and the expertise of our highly accomplished team, thus, providing our customers with market insights that are accurate, actionable, and help them remain ahead of their competition. EMR’ s fine-tuned research methodology and data analysis, formulated through years of cross-industry experience of our team, ensure that our clients are provided with:
Our approach gives our clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources.
We assess the historical, prevailing, and expected prices of commodities and raw materials by analysing our assiduously collected data from verified primary and secondary sources. Our assessments reflect the market values of related commodities within a region to help our consumers understand the interdependencies and formulate profitable market strategies. Our price assessments cover both the average global prices along with the prevailing regional prices.
Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future market growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the market.
We gather market intelligence through our extensive database of reliable secondary sources and our exhaustive interviews with multiple industry stakeholders. The information gathered through our primary and secondary sources help us verify and extrapolate data relating to prices, trade, and market fluctuations along with the latest developments in the market.
As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the market. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.
EMR has access to extensive internal and subscribed databases, which apprise us of the historical and prevailing market conditions and help us forecast the market for the coming few years. Our secondary research involves a wide array of sources ranging from the annual and financial reports of the key players in the industry to governmental and regulatory databases. We refer to various scientific and industry publications and whitepapers to form a comprehensive understanding of the product and the supply chain. Our wide-ranging research also refers to relevant articles and press releases to provide our customers with an up-to-date understanding of the contemporary market. We derive extensive raw data from our secondary research, which then go through a thorough verification and validation process, to help us formulate an exhaustive understanding of the market, the supply chain, the competitive landscape, and the product.
Other Analyst Tools and Data Models
Our extensive and intricate data models, formulated through our propriety technological and analytical resources, help you easily comprehend the expansive market data and aid you in framing vital business and market strategies. Our tools provide you with a cohesive understanding of the industry outlook, taking into account the qualitative and quantitative market variables. Our analytical tools and models are regularly updated according to the changes in the continually evolving market scenarios as well as being adapted to best meet our client’s specific needs. Our research methods involve a blend of the best technological tools used in the industry along with the expertise of our analysts and consultants who can spot and assess the implications of the subtle factors influencing the more complex markets.
Our market assessments take into consideration only those data that are confirmed and are derived from credible and transparent sources. Thus, our clients are presented with accurate and infallible data which can be incorporated into their business strategies.
Before our data is presented to the clients, they undergo an intensive cross-verification and validation process. We corroborate the data gathered through our primary and secondary research by the review and validation of the initial sources along with the verification of the data from other thoroughly vetted sources.
Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions. By constantly updating our databases and reports to reflect the changes taking place in the market, our market and price assessments accurately reflect the prevailing industry conditions.
Thus, our rigorous data collection, thorough statistical analysis, and specialist assessments ensure that our clientele has a greater understanding of the market space, supply chain, price fluctuations, competitive landscape, and other vital factors, helping them emerge as the undisputed industry leaders in their respective fields.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
The Latin America natural sweeteners market was aided by the growth of the stevia market, globally. The global stevia market attained a value of nearly USD 480 million in 2018. The global stevia marke...
Global Condiments Market Report and Forecast 2019-2024
The global beer processing market was valued at USD 650 billion in 2018 and is expected to grow at a CAGR of 4% in the forecast period of 2019-2024. With superior blends being increasingly preferred, ...
The global pine honey market size is expected to expand by USD 52.64 million at a CAGR of 5.6% during the forecast period of 2019-2024. The demand in the industry is increasing due to subtle taste and...
Buy Full Version
"North America" Purchase Enquiry