Knowledge Sourcing Intelligence announces the publication of a new report on “Artificial and Natural Sweetener Market - Forecasts from 2020 to 2025” to their offering.
Awareness of disadvantages of sugar consumption, impending obesity crisis, inclination towards nutritious snacking, rising adoption of stealth reformulation strategies, and regulatory pressures among others are expected to lead to robust market growth.
As per the report, the market pertaining to the global artificial and natural sweetener market is expected to reach US$28,846.997 million by 2025, from US$25,639.598 million in 2019
A few instances of market developments related to the global artificial and natural sweetener market which are being mentioned below are an affirmation of the anticipated growth of the market.
March 2020 – Portfolio Expansion
A science and technology leader of pure, sustainable ingredients catering to the global health & wellness, clean beauty, and flavors & fragrances markets called Amyris (NASDAQ: AMRS) had reportedly expanded its Purecane™ range of products with the introduction of a new Purecane Baking Sweetener which is derived from sugarcane and is Non-GMO and reportedly that bakes and tastes like sugar but without the calories.
May 2020 – Product Launch
A reported launch of a new sweetener that has been made from an erythritol polyol called Erysta through the means of fermentation process was announced by Ingredion Incorporated (NYSE: INGR). Erythritol, a sugar alcohol that has been a trusted choice for consumers on low-carb diets due to its glycemic index that is in the order of zero that also makes it a favorite choice for diabetics. Erysta is reportedly ideal for manufacturers who are inclined to deliver products with minimized sugar content but no artificial sources of sweetness.
May 2020 – Product Launch
A leading producer and supplier of sustainable plant-based specialty oils and fats for the food manufacturing industry called Bunge Loders Croklaan and operate as the global B2B edible oils business of Bunge Limited (NYSE: BG) had reportedly announced the launch of Sweetolin which as per the organization is a total fat system that processes the unique combination of ingredients. It aims to preserve the overall taste and mouthfeel that sugar is known to render to the final product. The integrated formula of ingredients reportedly aids in the release of natural flavors for an optimal sweet taste experience.
June 2020 – Product Launch
AL BARAKAH DATES FACTORY L.L.C. a reported market leader in the packaging and processing of whole dates and ingredients made from 100% dates, based out of Dubai had reportedly announced it plans to launch date-based sugar in retail packs during the same month as a response to the consumer demands for healthier and natural alternatives to refined sugars. Made commercially available in 500 grams packages, the product is known to have a low glycemic index.
July 2020 – Product Launch
Cargill, Incorporated announced its newest addition to its sweetener portfolio with the launch of C?TruSweet® 01795 which reportedly enables a 30% reduction in sugar and calorie in beverages and other food applications. The product is reportedly a 95% pure fructose syrup that is marked by a naturally higher sweetness relative to sucrose.
July 2020 – Fund Raising for New Product Development
Joywell Foods which is a food technology company known to develop a portfolio of sweet protein had reportedly announced the closing of a $6.9M Series A financing round that was led by Evolv Ventures, which is a venture fund backed by The Kraft Heinz Company (NASDAQ: KHC). Along with the previous seed rounds, the total funding after this round stands to 13.2 million USD. Sweet proteins are plant-based sweeteners which are derived from exotic fruits using fermentation technology. They have been acknowledged for a closer similarity with sugar as far as the taste profile is concerned than existing artificial and alternative substitutes.
October 2020 – Portfolio Expansion
Sweegen, a California based provider of sweet taste solutions for multinational food and beverage manufacturers has, as a response to the rising popularity of clean-label zero-calorie natural sweeteners announced the commercial production of Bestevia® Reb I, which essentially is a next-generation high-purity stevia sweetener as part of its natural sweetener portfolio expansion strategy.
As a part of the report, the major players operating in the global artificial and natural sweetener market, which have been covered are Tate & Lyle, Sweegen, Roquette Frères, PureCircle, Miller Honey Farms, Merisant Company, Lantic Inc., JK Sucralose Inc., Ingredion Incorporated, HYET Sweet, GLG Life Tech Corporation, Cumberland Packing Corp., Celanese Corporation, Cargill, Incorporated, BENEO, B&G Foods, Inc., Amyris, Ajinomoto Co, Inc., ADM, and Adee Honey Farms.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/artificial-and-natural-sweetener-market
This report segmented the global artificial and natural sweetener market on the basis following terms: