Botanical Sugar Market Competitive Outlook till 2032

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Botanical Sugar Market Size to Cross 759 Mn by
2032
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Overview of Botanical Sugar Market

• The botanical sugar market size is expected to
  expand at 3.5 CAGR from 2023 to 2032, driven by
  the rising awareness of health and wellness.
  Consumers are increasingly seeking products
  derived from plants, and botanical sugars,
  extracted from sources such as stevia, monk
  fruit, and coconut, align with this growing
  preference for natural and plant-based
  ingredients.
• Growing lifestyle-related health issues,
  including diabetes and obesity, has prompted
  individuals to adopt healthier dietary habits.
  Botanical sugars often boast lower calorie
  content and a lower glycemic index compared to
  conventional sugars, making them an attractive
  choice for health-conscious consumers. In
  November 2023, SolvEat, a food-tech start-up
  unveiled a new botanical solution designed to
  help maintain healthy blood sugar levels when
  consumed as part of a regular diet.

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• Date sugar segment is slated to witness
  significant growth during 2023-2032, owing to its
  unique composition and perceived health benefits.
  Date sugar, derived from dried and ground dates,
  is known for its natural sweetness and rich
  nutritional profile, including fiber, vitamins,
  and minerals. As consumers increasingly seek
  alternatives to refined sugars, date sugar
  emerges as an attractive option. The rising
  awareness about the glycemic index and its impact
  on health has further propelled the product
  demand.
• Pharmaceutical segment is poised to generate
  notable revenues over the forecast period, backed
  by a combination of health considerations and the
  inherent qualities of these natural sweeteners.
  Botanical sugars offer a compelling advantage in
  pharmaceutical applications due to their natural
  origins and lower calorie content. As the
  pharmaceutical industry continues to prioritize
  patient well-being and health-conscious
  formulations, botanical sugars provide an
  alternative to traditional sweetening agents with
  potential health benefits.

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• Asia Pacific botanical sugar industry size is
  anticipated to grow at a significant pace over
  2023-2032, attributed to increasing urbanization
  and changing lifestyles. Rich biodiversity in the
  region provides a diverse range of botanical
  sources for sugar production. This diversity
  allows for the exploration and utilization of
  unique and indigenous plants. Government
  initiatives and regulations promoting sustainable
  and natural ingredients in the FB sector further
  encourage the adoption of botanical sugars,
  bolstering the regional industry growth.
• Notable participants in the botanical sugar
  market include Coconut Secret, Wholesome
  Sweeteners, Lakanto, Now Foods, Pure Organic
  Ingredients, Swerve,Monk Fruit In The Raw

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