Product ID: SQMIG30I2263
Report ID:
SQMIG30I2263 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
64 |
Figures:
75
North America holds the dominant share due to the high demand for healthier alternatives to traditional sugar and the growing consumer preference for natural sweeteners. Factors such as increasing health consciousness, rising prevalence of lifestyle diseases like obesity and diabetes, and stringent regulations on sugar consumption have driven the adoption of natural sweeteners in the region. Moreover, the presence of key market players and their extensive distribution networks contribute to the dominance of North America in the market.
Asia Pacific is experiencing rapid market growth due to various factors. Changing consumer preferences, increasing disposable incomes, and a rising awareness of health and wellness are driving the demand for natural sweeteners in the region. Additionally, a large population base, especially in countries like China and India, presents a significant market opportunity for natural sweetener manufacturers. The growing food and beverage industry, coupled with the rising demand for low-calorie and diabetic-friendly products, further fuels the market growth in the Asia Pacific region.
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Product ID: SQMIG30I2263