Middle East and Africa Plant-derived and Synthetic Sugar Market, By Type (Plant-Derived Sugar and Synthetic Sugar), Form (Dry and Liquid), Application (Food and Beverages, Dietary Supplements, Pharmaceutical, Sports Nutrition, and Others) Industry Trends and Forecast to 2029.
Middle East and Africa Plant-Derived and Synthetic Sugar Market Analysis and Size
The Middle East and Africa market is driven by the numerous benefits they offer consumers. Increasing health consciousness is also driving the population's market for plant-derived and synthetic sugar and the demand for natural food ingredients. Hence, there has been a subtle boom in the growth of plant-derived sugar over the last few years. The primary factors limiting the Middle East and Africa plant-derived and sugar synthetic market are the high prices of plant sugar and adverse health consequences such as diabetes and obesity. As a result of the rising demand for healthy food ingredients in the food and beverage industry is expected to drive the plant-derived sugar and synthetic sugar market. Growers are putting more effort into producing new low sugar drinks and products. These choices ultimately aid the market's expansion.
Data Bridge Market Research analyses that the Middle East and Africa plant-derived and synthetic sugar market is expected to reach a value of USD 5,634.20 million by 2029, at a CAGR of 2.8% during the forecast period.
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Year |
2020 (Customizable to 2019 - 2015) |
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Quantitative Units |
Revenue in USD Million, Pricing in USD |
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Segments Covered |
By Type (Plant-Derived Sugar and Synthetic Sugar), Form (Dry and Liquid), Application (Food and Beverages, Dietary Supplements, Pharmaceutical, Sports Nutrition, and Others) |
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Countries Covered |
South Africa, UAE. Saudi Arabia, Kuwait, Oman, Qatar, Rest of Middle East and Africa. |
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Market Players Covered |
ADM, Cargill, Incorporated, Ingredion, Ajinomoto Co., Inc., DuPont, NOW Foods, Tate & Lyle, Hermes Sweeteners Ltd., Südzucker AG, Layn Corp. |
Market Definition
Plant-derived and synthetic sugar are products used for sweetening. Plant-derived sugar is defined as sugar that is taken straight from a plant source and sold to consumers unaltered. Synthetic sugars, on the other hand, are made indirectly from a separate source of sugar. Some plant-derived sugar, including stevia, Xylitol, Erythritol, Yacon Syrup, and others, is a suitable replacement for sugar to reduce the risk of having different diseases from sugar. Additionally, consumers worldwide are favoring a healthy diet and avoiding sugary goods that are rich in calories and linked to cardiac disease. Due to the growing popularity of plant-based products, plant-based sugar is receiving more and more attention. However, the high pricing of both sugars compared to regular sugar is among the restraining factors for the plant-derived and synthetic sugar market.
Plant-Derived and Synthetic Sugar Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Driver:
- Rise in the demand for healthy food ingredients in the food and beverage sector
Many people prefer to include natural ingredients in daily diets. Natural ingredients are becoming increasingly important in the food and beverage business, and consumers and producers are turning to them. Consequently, using natural ingredients in the food and beverage business is increasing the demand for sugar from plants. Customers are looking for a healthy alternative to sugar. Several plant-derived sugar alternatives are on the market, including stevia, Yacon Syrup, Xylitol, Erythritol, Coconut Sugar, and Maple Syrup. A stevia is a good option for diabetic patients who prefer sugar substitutes with no calories. Since stevia contains no calories and has no adverse health consequences, its demand is rising. Xylitol, derived from corn and also present in many fruits and vegetables, is another plant-based sugar.
RESTRAINT
- HIGH COSTS OF PLANT-DERIVED SUGAR AND SYNTHETIC SUGAR
Compared to ordinary sugar, the cost of plant-derived and synthetic sugars is exceptionally high. This high-cost results from the high cost of the raw materials and production methods used to create natural and artificial sugars. Plant-derived and synthetic sugars are greatly affected by changes in raw material costs; therefore, businesses continue to charge prices that maximize their profits.
Therefore, it is anticipated that the enormous price difference between plant-derived and synthetic sugar products and traditional sugar products is expected to hinder the market's expansion.
OPPORTUNITY
- EXPANSION AND NEW PRODUCT LAUNCHES IN THIS INDUSTRY
As an alternative to sugar, artificial sweeteners are becoming more and more common. The prevalence of obesity, diabetes, and metabolic syndrome has increased. This, combined with increased consumer knowledge, has resulted in a continuous paradigm change favoring artificial sweeteners with few calories. These artificial sweeteners, non-nutritive sweeteners (NNS), low-calorie sweeteners, and intense sweeteners deliver more sweetness per gram while having zero or a few calories. They are used in beverages, nutritional supplements, medications, and mouthwashes. These are used by both obese and lean people, diabetics and non-diabetics, adults, and children, and their general use is a result of intensive marketing and raised health awareness. They give those who want to reduce their calorie intake and increase the palatability of their diet more food options. Due to the increasing applicability of these artificial sweeteners, companies are releasing many more new product launches and developing or expanding the company.
CHALLENGE
- Government- imposed strict restrictions and regulations
Consumers are increasingly inclined towards healthy food, and health-conscious nature has significantly increased the use of products with no added sugar and sweetener. The government set up specific rules and actions to reduce sugar intake through selective taxation, reformulations, and packaging label. The government has been continuously monitoring the situation in the sugar sector, including sugar production, consumption, export, and price trends in wholesale and retail markets all over the country.
Though food and drug administration (FDA) approved products are considered safe, there are questionable health downsides associated with artificial and non-nutritive sweeteners. In the case of natural sweeteners, overconsumption can lead to health problems like tooth decay and poor nutrition.
Post-COVID-19 Impact on Middle East and Africa Plant-Derived and Synthetic Sugar Market
The COVID-19 pandemic has significantly affected the Middle East and Africa plant-derived sugar and synthetic sugar market. The persistence of COVID-19 for a more extended period has affected the supply chain as it got disrupted, and it became difficult to supply the products to the consumers, initially decreasing the demand for products. However, post-COVID, the demand for the products has increased significantly.
Thus, the recovery from the COVID-19 pandemic in all regions is increasing the demand for a product in the market.
Recent Developments
- In February 2022, IFF is acquiring Health Wright products. HWP is a Middle East and Africa leader in consumer Health and nutrition, providing the highest-quality nutritional supplements. The acquisition will bring formulation and finished format capabilities to IFF's Health & Biosciences probiotics, natural extracts, and botanicals businesses, allowing for innovation in custom formulation and combination products through joint capabilities.
- In May 2022, Suduzeker subsidiary Beneo acquired a company named meatless B.V. With the acquisition, BENEO is expanding its existing product portfolio to offer an even more comprehensive range of texturizing solutions for meat and fish alternatives and leading to the growth of the market in the food region.
Middle East and Africa Plant-Derived and Synthetic Sugar Market Scope
Middle East and Africa plant-derived and synthetic sugar market is segmented into three notable segments based on type, application, and form. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Plant-derived sugar
- Synthetic sugar
On the basis of type, Middle East and Africa plant-derived and synthetic sugar market is segmented into plant-derived sugar and synthetic sugar.
Application
- Food & Beverages
- Dietary Supplements
- Pharmaceutical
- Sports Nutrition
- Others
On the basis of application, Middle East and Africa plant-derived and synthetic sugar market is segmented into food & beverages, dietary supplements, pharmaceutical, sports nutrition, and others.
Form
- Dry
- Liquid
On the basis of form, Middle East and Africa plant-derived and synthetic sugar market is segmented into dry and liquid.
Plant-Derived and Synthetic Sugar Market Regional Analysis/Insights
The plant-derived and synthetic sugar market is analyzed, and the country provides market size insights and trends on type, application, and form, as referenced above.
The countries covered in the Middle East and Africa plant-derived and synthetic sugar market report are South Africa, UAE, Saudi Arabia, Kuwait, Oman, Qatar, and the rest of Middle East and Africa.
South Africa dominates the Middle East and Africa plant-derived and synthetic sugar markets. South Africa is the largest market for the plant-derived and synthetic sugar market. Expiations in online retail and distribution channels will help to get high demand worldwide, which is the major reason for the growth of plant-derived and synthetic sugar markets in South Africa. However, the high cost of excellent raw materials likely restricts the market growth.
The country section of the report also provides individual market-impacting factors and market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to significant or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Plant-Derived and Synthetic Sugar Market Share Analysis
The plant-derived and synthetic sugar market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points are only related to the companies focusing on the plant-derived and synthetic sugar market.
Some major players operating in the plant-derived and synthetic sugar market are ADM, Cargill, Incorporated, Ingredion, Ajinomoto Co., Inc., DuPont, NOW Foods, Tate & Lyle, Hermes Sweeteners Ltd., Südzucker AG, and Layn Corp.
Research Methodology: Middle East and Africa Plant-Derived and Synthetic Sugar Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also, market share analysis and critical trend analysis are the major success factors in the market report. Please request an analyst call or drop down your inquiry to know more.
The fundamental research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Middle East and Africa versus Regional, and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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