The analysts at Transparency Market Research have observed a major shiftin the preference of people in terms of consuming sweets. They are becomingmore health conscious and are monitoring their food consumption on a regularbasis. As a result of this shift, people are adding components that can add totheir health and remove that is causing adverse effect. Sugar or syntheticsweeteners are some of the food items that are being constantly eliminated fromthe table. However, glucose is an essential mineral that body requires. Tocater the sweet tooth while maintaining the health, people are incliningtowards natural sweeteners which is key factor that is propelling the growth ofglobal natural sweeteners market in the forecast period of2017 to 2026, says a recent report by Transparency Market Research.
Asia Pacific to Emerge as Most Lucrative Region
Health consciousness is at its peak in India and China. People take careof the food they are consuming and are very strict to their diet plans. Tocater to their sweet tooth, people are using natural sweeteners in tea, sweets,and bakery products. As a result of this adoption, Asia Pacific exhibit maximumpotential for the players of natural sweeteners market in the forecast periodof 2017 to 2026.
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Growing Prevalence of Diabetes to Fuel the Growthof the Market
Diabetes has become one of the most common conditions a consumer issuffering from these days. The disease restricts the patients from consumingany food item that has sugar in it. However, natural sweeteners do not affectthe blood sugar and are safe for the patients suffering from diabetes. As aresult of rising cases of diabetes the natural sweeteners market is facing aconsistent growth from 2017 to 2026.
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Food and Beverages Industry to Make Maximum Revenue
On the basis of end-user industries, the food and beverages industry isexpected to make maximum revenue for the global natural sweeteners market inthe projected time frame. This is because items like cakes, pastries, and otherbakery items producers are now using organic sweeteners to make their productssweet. This is again the result of health awareness of people as they want tocherish the taste of cake but do not want to compromise their health. As aresult of this growing application of natural sweeteners in bakery products,the food and beverages industry is leading the end-users segment of globalnatural sweeteners market in the forecast period of 2017 to 2026.
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Healthy Eating Trend to Bag US$ 39.09 Bn for theMarket
Based on the changing eating habits of the people in India, U.S., andChina, the global natural sweeteners market is expected to bag US$ 39.09 bn inthe forecast period. This massive revenue generation is the result of variouslucrative opportunities like easy manufacturing, rising demand of low caloriefoods, and growing health consciousness of the people around the world. Basedon this revenue generation, the market is projected to witness 4.5% CAGR in theforecast period.
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TMR has followedthe C19-TREND approach forconducting a comprehensive analysis on the trends and changes in the food andbeverage sector due to the COVID-19 outbreak. Each factor is analyzed withscrutiny. These points have been compiled in the report and will assure greatassistance to the stakeholders and CXOs in developing sound businessstrategies.
Some C19-TRENDsthat TMR has focused upon while analyzing the food and beverage sector are asfollows:
CulinaryTourism
With theCOVID-19 outbreak limiting the number of traveling and dining opportunities forindividuals, many opt to experience the fun of a restaurant or destination atthe comfort of their homes. Ready-to-drink beverages are being focused upon toenable the consumers to feel the vibe of a particular destination. This aspectwill churn exponential growth.
Immunity-BoostingItems
A good immunitycan help individuals.
tackle COVID-19with ease. Many consumers are switching to immunity-boosting food and beverageitems for improving their resistance against further infections. Manywell-established players are paying attention on launching immunity-rich foodand beverage products. This factor will attract promising revenues
Strengtheningof Home Delivery Mechanisms
Restaurants andfood chains were closed for a substantial time during the lockdown period.Thus, home delivery of food products, eatables, and groceries became the newnorm. Many people still prefer home delivery due to the fear of not venturingout. Home deliveries will play a crucial role in increasing the growthopportunities across the horizon of the food and beverages sector.
These are the major trends thatwill influence the growth of the food and beverage industry considerably. Although,the food and beverage sector was exempt from the lockdown restrictions, manycases of supply chain disruptions were observed. With mass vaccination drivesand certain relaxations in restrictions, the supply chain disruptions will beminimized extensively
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