
Latin America Natural Sweeteners Market Report and Forecast 2024-2032
Description
Latin America Natural Sweeteners Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Latin America natural sweeteners market is projected to grow at a CAGR of 6.8% between 2024 and 2032. Aided by the increasing health concerns related to the consumption of artificial and synthetic sweeteners, the market is expected to grow significantly by 2032.
Natural sweeteners, derived from various plants, herbs, and trees native to Latin America, have been traditionally used in the region's local cuisine and medicinal practices. These include stevia, derived from the leaves of the Stevia rebaudiana plant, and sweeteners from agave, known for its rich, nectar-like flavour. Other sources such as yacon syrup, derived from the tuberous roots of the yacon plant, and monk fruit sweeteners are also gaining traction in the market.
As per the Latin America natural sweeteners market analysis, the shift towards natural sweeteners is primarily driven by the growing awareness among consumers about the adverse health impacts of sugar and artificial sweeteners. This has led to an increased demand for natural and low-calorie alternatives, particularly among the health-conscious population and those with health conditions like diabetes. Moreover, the trend of clean labelling and the demand for organic products has further bolstered the growth of the market in the region.
Furthermore, Latin America’s favourable agricultural conditions and the traditional knowledge of native plants have contributed to the Latin America natural sweeteners market size. This provides a considerable advantage in the global landscape, as the demand for sustainable and ethically sourced ingredients continues to rise.
Applications of natural sweeteners span across food and beverage industries, pharmaceuticals, personal care, and others. In the food and beverage sector, natural sweeteners are incorporated into a plethora of products such as confectioneries, baked goods, soft drinks, and others, catering to the rising demand for healthier versions of traditionally sugar-laden products, and further propelling the Latin America natural sweeteners market demand.
Innovation and sustainability are at the forefront of competition among market players. Companies are investing in research and development to enhance the sweetness profile of their products, reduce aftertaste, and improve cost-effectiveness. The development of organic and non-GMO sweeteners is also a significant area of focus which further drives the Latin America natural sweeteners market growth.
Market Segmentation
The market can be divided based on intensity, type, application, distribution channel, and country.
Market Breakup by Intensity
- High Intensity Sweeteners
- Low Intensity Sweeteners
- Stevia
- Maple Syrup
- Raw Honey
- Molasses
- Coconut Sugar
- Others
- Food
- Beverages
- Pharmaceuticals
- Personal Care
- Others
- Hypermarkets/Supermarkets
- Convenience Stores
- Retail Stores
- Online Retailers
- Others
- Mexico
- Brazil
- Argentina
- Colombia
- Others
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Latin America natural sweeteners market. Some of the major players explored in the report by Expert Market Research are as follows:
- PureCircle Limited
- Tate & Lyle PLC
- Cargill Inc.
- Archer Daniels Midland Company
- Ingredion Incorporated
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
169 Pages
- 1 Preface
- 2 Report Coverage – Key Segmentation and Scope
- 3 Report Description
- 3.1 Market Definition and Outlook
- 3.2 Properties and Applications
- 3.3 Market Analysis
- 3.4 Key Players
- 4 Key Assumptions
- 5 Executive Summary
- 5.1 Overview
- 5.2 Key Drivers
- 5.3 Key Developments
- 5.4 Competitive Structure
- 5.5 Key Industrial Trends
- 6 Snapshot
- 6.1 Latin America
- 7 Opportunities and Challenges in the Market
- 8 Global Natural Sweeteners Market Analysis
- 8.1 Key Industry Highlights
- 8.2 Global Natural Sweeteners Historical Market (2018-2023)
- 8.3 Global Natural Sweeteners Market Forecast (2024-2032)
- 8.4 Global Natural Sweeteners Market by Region
- 8.4.1 North America
- 8.4.2 Europe
- 8.4.3 Asia Pacific
- 8.4.4 Latin America
- 8.4.5 Middle East and Africa
- 9 Latin America Natural Sweeteners Market Analysis
- 9.1 Key Industry Highlights
- 9.2 Latin America Natural Sweeteners Historical Market (2018-2023)
- 9.3 Latin America Natural Sweeteners Market Forecast (2024-2032)
- 9.4 Latin America Natural Sweeteners Market by Intensity
- 9.4.1 High Intensity Sweeteners
- 9.4.1.1 Historical Trend (2018-2023)
- 9.4.1.2 Forecast Trend (2024-2032)
- 9.4.2 Low Intensity Sweeteners
- 9.4.2.1 Historical Trend (2018-2023)
- 9.4.2.2 Forecast Trend (2024-2032)
- 9.5 Latin America Natural Sweeteners Market by Type
- 9.5.1 Stevia
- 9.5.1.1 Historical Trend (2018-2023)
- 9.5.1.2 Forecast Trend (2024-2032)
- 9.5.2 Maple Syrup
- 9.5.2.1 Historical Trend (2018-2023)
- 9.5.2.2 Forecast Trend (2024-2032)
- 9.5.3 Raw Honey
- 9.5.3.1 Historical Trend (2018-2023)
- 9.5.3.2 Forecast Trend (2024-2032)
- 9.5.4 Molasses
- 9.5.4.1 Historical Trend (2018-2023)
- 9.5.4.2 Forecast Trend (2024-2032)
- 9.5.5 Coconut Sugar
- 9.5.5.1 Historical Trend (2018-2023)
- 9.5.5.2 Forecast Trend (2024-2032)
- 9.5.6 Others
- 9.6 Latin America Natural Sweeteners Market by Application
- 9.6.1 Food
- 9.6.1.1 Historical Trend (2018-2023)
- 9.6.1.2 Forecast Trend (2024-2032)
- 9.6.2 Beverages
- 9.6.2.1 Historical Trend (2018-2023)
- 9.6.2.2 Forecast Trend (2024-2032)
- 9.6.3 Pharmaceuticals
- 9.6.3.1 Historical Trend (2018-2023)
- 9.6.3.2 Forecast Trend (2024-2032)
- 9.6.4 Personal Care
- 9.6.4.1 Historical Trend (2018-2023)
- 9.6.4.2 Forecast Trend (2024-2032)
- 9.6.5 Others
- 9.7 Latin America Natural Sweeteners Market by Distribution Channel
- 9.7.1 Hypermarket/Supermarket
- 9.7.1.1 Historical Trend (2018-2023)
- 9.7.1.2 Forecast Trend (2024-2032)
- 9.7.2 Convenience Stores
- 9.7.2.1 Historical Trend (2018-2023)
- 9.7.2.2 Forecast Trend (2024-2032)
- 9.7.3 Retail Stores
- 9.7.3.1 Historical Trend (2018-2023)
- 9.7.3.2 Forecast Trend (2024-2032)
- 9.7.4 Online Retailers
- 9.7.4.1 Historical Trend (2018-2023)
- 9.7.4.2 Forecast Trend (2024-2032)
- 9.7.5 Others
- 9.8 Latin America Natural Sweeteners Market by Country
- 9.8.1 Mexico
- 9.8.2 Brazil
- 9.8.3 Argentina
- 9.8.4 Colombia
- 9.8.5 Others
- 10 Regional Analysis
- 10.1 Brazil
- 10.1.1 Historical Trend (2018-2023)
- 10.1.2 Forecast Trend (2024-2032)
- 10.2 Argentina
- 10.2.1 Historical Trend (2018-2023)
- 10.2.2 Forecast Trend (2024-2032)
- 10.3 Colombia
- 10.3.1 Historical Trend (2018-2023)
- 10.3.2 Forecast Trend (2024-2032)
- 10.4 Mexico
- 10.4.1 Historical Trend (2018-2023)
- 10.4.2 Forecast Trend (2024-2032)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Value Chain Analysis
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Company Profiles
- 14.2.1 PureCircle Limited
- 14.2.1.1 Company Overview
- 14.2.1.2 Product Portfolio
- 14.2.1.3 Demographic Reach and Achievements
- 14.2.1.4 Certifications
- 14.2.2 Tate and Lyle Plc
- 14.2.2.1 Company Overview
- 14.2.2.2 Product Portfolio
- 14.2.2.3 Demographic Reach and Achievements
- 14.2.2.4 Certifications
- 14.2.3 Cargill Inc.
- 14.2.3.1 Company Overview
- 14.2.3.2 Product Portfolio
- 14.2.3.3 Demographic Reach and Achievements
- 14.2.3.4 Certifications
- 14.2.4 Archer Daniels Midland Company
- 14.2.4.1 Company Overview
- 14.2.4.2 Product Portfolio
- 14.2.4.3 Demographic Reach and Achievements
- 14.2.4.4 Certifications
- 14.2.5 Ingredion Incorporated
- 14.2.5.1 Company Overview
- 14.2.5.2 Product Portfolio
- 14.2.5.3 Demographic Reach and Achievements
- 14.2.5.4 Certifications
- 14.2.6 Others
- 15 Key Trends and Developments in the Market
- List of Key Figures and Tables
- 1. Global Natural Sweeteners Market: Key Industry Highlights, 2018 and 2032
- 2. Latin America Natural Sweeteners Market: Key Industry Highlights, 2018 and 2032
- 3. Latin America Natural Sweeteners Historical Market: Breakup by Intensity (USD Million), 2018-2023
- 4. Latin America Natural Sweeteners Market Forecast: Breakup by Intensity (USD Million), 2024-2032
- 5. Latin America Natural Sweeteners Historical Market: Breakup by Type (USD Million), 2018-2023
- 6. Latin America Natural Sweeteners Market Forecast: Breakup by Type (USD Million), 2024-2032
- 7. Latin America Natural Sweeteners Historical Market: Breakup by Application (USD Million), 2018-2023
- 8. Latin America Natural Sweeteners Market Forecast: Breakup by Application (USD Million), 2024-2032
- 9. Latin America Natural Sweeteners Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
- 10. Latin America Natural Sweeteners Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
- 11. Latin America Natural Sweeteners Historical Market: Breakup by Country (USD Million), 2018-2023
- 12. Latin America Natural Sweeteners Market Forecast: Breakup by Country (USD Million), 2024-2032
- 13. Latin America Natural Sweeteners Market Structure
Pricing
Currency Rates
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