Market Overview:
The global yacon syrup market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the benefits of yacon syrup, increasing demand for healthy food and beverages, and growing inclination towards natural ingredients. Based on type, the global yacon syrup market is segmented into liquid and solid. The liquid segment is expected to account for a larger share of the market than the solid segment during the forecast period. This can be attributed to its easy availability and convenience of use. Based on application, the global yacon syrup market is divided into beverage, food, health care products, pharmaceutical industry, cosmetics industry, and others segments.
Product Definition:
Yacon syrup is a natural sweetener made from the yacon plant. The syrup has a low glycemic index, which means it doesn't cause a spike in blood sugar levels. This makes it a good choice for people with diabetes or other conditions that require low-glycemic foods.
Lquid:
Liquids are a unique category of ingredients in the food and beverage industry. They have been around for ages, but their usage has increased with time due to several advantages such as it can be used as an ingredient or they can be used directly in the form of a solution. It is also known by different names like liquid fat, oil-in-water emulsion, colloidal olefin dispersion (COOD), and microemulsion among others.
Solid:
Solid is the by-product obtained during the process of sugar extraction from sugar cane or beet. It is a semi-solid form, which has a melting point between 110oC and 115oC. The solid consists of minerals, water, vitamins and some fibers.
It has high mineral contents including calcium & magnesium salts along with iron & potassium salts which are beneficial for bone health.
Application Insights:
The global yacon syrup market has been segmented on the basis of application into beverage, food, health care products, pharmaceutical industry and cosmetics industries. The beverage application segment led the market in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to growing demand for functional beverages with natural ingredients from consumers around the globe.
Yacon is a natural source of mannitol, which has excellent hygroscopic properties and exhibits sweetening effect on taste buds when consumed in conjunction with sugar or artificial sweeteners such as sucrose or sorbitol. These characteristics have made it an ideal ingredient in several functional drinks produced by major players operating globally within last few years including Coca-Cola Company., PepsiCo., Inc., Tropicana Products LLC among others.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand from countries, such as U.S., Canada, and Mexico. The region is expected to maintain its dominance over the forecast period due to increasing awareness about health benefits of yacon syrup among consumers in this region. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing with rapid development and adoption of new products by manufacturers operating within this region.
The product has been gaining popularity among consumers in Japan for its properties that help improve digestive health and reduce cholesterol levels in the body; these factors are likely to boost demand for yacon syrup within Japan over the forecast period.
Growth Factors:
- Increasing awareness about the health benefits of yacon syrup among consumers.
- Rising demand for natural and organic products.
- Growing popularity of healthy, low-calorie sweeteners among health-conscious consumers.
- increasing number of product launches by various companies in the yacon syrup market space
Scope Of The Report
Report Attributes
Report Details
Report Title
Yacon Syrup Market Research Report
By Type
Lquid, Solid
By Application
Beverage, Food, Health Care Products, Pharmaceutical Industry, Cosmetics, Others
By Companies
Nestle, Cargill, Archer Daniels Midland, Ingredion Incorporated, Tate and Lyle, Dupont, Koninklijke DSM, Symrise, Raizen, Associated British Foods, Wilmar International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Yacon Syrup Market Report Segments:
The global Yacon Syrup market is segmented on the basis of:
Types
Lquid, Solid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beverage, Food, Health Care Products, Pharmaceutical Industry, Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nestle
- Cargill
- Archer Daniels Midland
- Ingredion Incorporated
- Tate and Lyle
- Dupont
- Koninklijke DSM
- Symrise
- Raizen
- Associated British Foods
- Wilmar International
Highlights of The Yacon Syrup Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lquid
- Solid
- By Application:
- Beverage
- Food
- Health Care Products
- Pharmaceutical Industry
- Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Yacon Syrup Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Yacon syrup is a sweetener made from the yacon root. It is similar to maple syrup, but has a slightly different flavor.
Some of the major companies in the yacon syrup market are Nestle, Cargill, Archer Daniels Midland, Ingredion Incorporated, Tate and Lyle, Dupont, Koninklijke DSM, Symrise, Raizen, Associated British Foods, Wilmar International.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Yacon Syrup Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Yacon Syrup Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yacon Syrup Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Yacon Syrup Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Yacon Syrup Market Size & Forecast, 2018-2028
4.5.1 Yacon Syrup Market Size and Y-o-Y Growth
4.5.2 Yacon Syrup Market Absolute $ Opportunity
Chapter 5 Global Yacon Syrup Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Yacon Syrup Market Size Forecast by Type
5.2.1 Lquid
5.2.2 Solid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Yacon Syrup Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Yacon Syrup Market Size Forecast by Applications
6.2.1 Beverage
6.2.2 Food
6.2.3 Health Care Products
6.2.4 Pharmaceutical Industry
6.2.5 Cosmetics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yacon Syrup Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Yacon Syrup Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Yacon Syrup Analysis and Forecast
9.1 Introduction
9.2 North America Yacon Syrup Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Yacon Syrup Market Size Forecast by Type
9.6.1 Lquid
9.6.2 Solid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Yacon Syrup Market Size Forecast by Applications
9.10.1 Beverage
9.10.2 Food
9.10.3 Health Care Products
9.10.4 Pharmaceutical Industry
9.10.5 Cosmetics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Yacon Syrup Analysis and Forecast
10.1 Introduction
10.2 Europe Yacon Syrup Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Yacon Syrup Market Size Forecast by Type
10.6.1 Lquid
10.6.2 Solid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Yacon Syrup Market Size Forecast by Applications
10.10.1 Beverage
10.10.2 Food
10.10.3 Health Care Products
10.10.4 Pharmaceutical Industry
10.10.5 Cosmetics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Yacon Syrup Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Yacon Syrup Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Yacon Syrup Market Size Forecast by Type
11.6.1 Lquid
11.6.2 Solid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Yacon Syrup Market Size Forecast by Applications
11.10.1 Beverage
11.10.2 Food
11.10.3 Health Care Products
11.10.4 Pharmaceutical Industry
11.10.5 Cosmetics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Yacon Syrup Analysis and Forecast
12.1 Introduction
12.2 Latin America Yacon Syrup Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Yacon Syrup Market Size Forecast by Type
12.6.1 Lquid
12.6.2 Solid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Yacon Syrup Market Size Forecast by Applications
12.10.1 Beverage
12.10.2 Food
12.10.3 Health Care Products
12.10.4 Pharmaceutical Industry
12.10.5 Cosmetics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Yacon Syrup Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Yacon Syrup Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Yacon Syrup Market Size Forecast by Type
13.6.1 Lquid
13.6.2 Solid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Yacon Syrup Market Size Forecast by Applications
13.10.1 Beverage
13.10.2 Food
13.10.3 Health Care Products
13.10.4 Pharmaceutical Industry
13.10.5 Cosmetics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Yacon Syrup Market: Competitive Dashboard
14.2 Global Yacon Syrup Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nestle
14.3.2 Cargill
14.3.3 Archer Daniels Midland
14.3.4 Ingredion Incorporated
14.3.5 Tate and Lyle
14.3.6 Dupont
14.3.7 Koninklijke DSM
14.3.8 Symrise
14.3.9 Raizen
14.3.10 Associated British Foods
14.3.11 Wilmar International
