Published: May, 2019
On the basis of a recently published report by Transparency Market Research, titled, 'Plant Derived and Synthetic Sugar Market: Global Industry Analysis and Opportunity Assessment 2019-2029', the overall revenue generated from the plant derived and synthetic sugar market is anticipated to be valued over US$ 70,000 Mn in 2019, which is expected to rise at a CAGR of over 6% throughout the forecast period (2019-2029).
As per the report published by the UN Department of Economic and Social Affairs (population division), the world population numbered nearly 7.6 billion mid-2017, which is expected to reach 8.6 billion by 2030, and to increase further to 9.8 billion by 2050. This will not lead to a very substantial increase in the number of people to be fed, but each individual is likely to consume more food, which is creating enough space for the growth of the plant derived and synthetic sugar market. At the same time, growth in population will be concentrated in third world countries of the world. As a result, the growing population of the world will require a dramatic increase in agricultural production, including plant derived and synthetic sugar.
Plant derived and synthetic sugar is gaining demand owing to changing lifestyles, which lead to consumption of convenient and ready-to-eat food and beverages while also providing impetus to plant derived and synthetic sugar market growth. In the global plant derived and synthetic sugar market, North America holds a major value share of 28.1% in the consumption of plant derived and synthetic sugar owing to the presence of major global players in the region. In addition, unique marketing and promotional strategies by the players in the region are also propelling customers to consume products containing plant derived and synthetic sugar. With the increasing demand for plant derived and synthetic sugar among food and beverage manufacturers, it can be anticipated that the demand for plant derived and synthetic sugar will increase in the coming years.
An Effective Prebiotic Agent
Unlike sucrose and sweeteners, the most common carbohydrate in the food & beverage and dietary supplement industries, D-mannose does not interfere with the regulation of blood sugar or metabolism, as only a small amount is metabolized. D-mannose acts like glucose, a sugar that all cells use. However, it is absorbed much more slowly than glucose. Hence, it does not serve as an energy reserve for the body's functions. D-mannose is not burned for fuel or energy and most of the ingested amount is filtered through kidneys and routed to the bladder for fast excretion, making it a very effective probiotic ingredient.
DM Pharma, which is an India-based pharmaceutical company, offers D-mannose accompanied with cranberry and hibiscus extracts. It has prebiotic properties aimed at maintaining a healthy feminine tract.
Plant Derived and Synthetic Sugar Market: Competition Dashboard
TMR has profiled some of the prominent companies active in the plant derived and synthetic sugar market, such as A & Z Food Additives Co. Ltd, Naturex Nutrition & Health, ADM Corn Processing, Biovittoria Limited, VWR International, LLC Carbone Scientific Co., Ltd, Atlantic Chemicals Trading GMBH, Cargill Incorporated, Celanese Corporation, CJ CheilJedang Corp, HighChem Co.,Ltd, Jinan June Industrial Co Ltd, Cumberland Packing Corp, Danisco A/S, Domestic Food Products, Dsb Chem Sdn Bhd, Dulcette Technologies LLC, DuPont Nutrition & health, Futaste Co., Ltd., Hermes Sweeteners Ltd., Ingredion Food and beverage sweeteners, Impala Imperial Sugar Company, JK Sucralose Inc., Kenko (Qingdao) Co., Ltd., Merisant Worldwide Inc., JnJ Consumer Nutritionals, Profood International, Inc., Qingdao Qingmei Biotech Co.,Ltd., Sigma Aldrich Pte.Ltd., Toyota Tsusho Corporation, and others.
Key Insights into the Plant Derived and Synthetic Sugar Market Report
The report enlightens the key drivers, trends, and opportunities of the plant derived and synthetic sugar market, due to which the plant derived and synthetic sugar market is expected to grow in the coming years. Later part of the plant derived and synthetic sugar market report emphasizes on the competitive landscape of key players operating their businesses in the plant derived and synthetic sugar market.
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