The global Sweeteners Market size is expected to reach USD 25.60 Billion in 2030 and register a revenue CAGR of 4.5% over the forecast period, according to the latest report by Reports and Data. Increased public awareness of health issues is encouraging people to eat healthier foods, increasing preference toward natural goods and rising demand for sugar substitutes in a variety of food and beverage are driving global Sweeteners Market revenue growth.
Sugar substitutes are low-calorie, non-nutritive sweeteners that can be used in place of sugar. It is widely used by food manufacturers to provide customers with foods and drinks that are less harmful for their health. This food additive has the same impact on food as sugar, however, it has a lower calorie content. Sugar substitutes replace both sweetness and physical bulk of sugars, allowing food and beverage sector to replace sugar without sacrificing taste or quality.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1329
Top Companies Operating in the Global Sweeteners Market Report:
DuPont, Tate Lyle, Cargill, Incorporated, Archer Daniels Midland (ADM), Ingredion Incorporated, Roquette Freres, Ajinomoto Co., Inc., HSWT France SAS, PureCircle and The Nutrasweet Company.
Some Key Highlights from the Report
- In October 2021, Tate Lyle, which is U.K.-based company, expanded its partnership with distributor Azelis in Europe into three new countries: Greece, Bulgaria and the Republic of North Macedonia. Azelis, a service provider for the specialty chemicals and food ingredients industries, is now the distributor of Tate Lyle’s broad portfolio of ingredients and solutions, including its Promitor® Soluble Fibres, CLARIA® Functional Clean-Label Starches and Stevia Sweeteners.
- Artificial segment accounted for larger revenue share in 2020. Consumers are becoming more health-conscious and artificial sugar substitutes are becoming more popular. Artificial sugar substitutes help with weight control, diabetes and have low calories and reduce blood glucose levels. Artificial sweeteners are widely used in processed foods like soft drinks and dairy products, which is driving segment revenue growth.
- High intensity segment accounted for largest revenue share in 2020. High-intensity sweeteners are commonly used as sugar substitutes or sugar alternatives because they are many times sweeter than sugar but contribute only a few to no calories when added to foods.
- Stevia segment accounted for significant revenue share in 2020. Stevia is a sugar substitute made from leaves of the stevia plant. It is about 100 to 300 times sweeter than table sugar, but it has no carbohydrates, calories, or artificial ingredients. The sweet-tasting components in Stevia sweeteners occur naturally. Stevia's characteristic may benefit people who prefer naturally sourced food beverages. The low-calorie count qualifies Stevia as a healthy alternative for diabetes control or weight loss, thus driving segment revenue growth.
- Beverage segment revenue registered significant growth rate during the forecast period. Nowadays, many companies use sugar substitutes in their product like soft drinks as it helps with calorie control, body weight control and adds sweetness without adding sugar. Health-conscious consumers are switching to healthy drinks, which is driving growth of the segment.
To read more about the report @ https://www.reportsanddata.com/report-detail/sugar-substitutes-market
The global Sweeteners Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Origin Outlook (Revenue, USD Billion; 2019–2030)
- Artificial
- Natural
Category Outlook (Revenue, USD Billion; 2019–2030)
- High Intensity
- Low Intensity
- High Fructose Sugar Syrup
Product Outlook (Revenue, USD Billion; 2019–2030)
- Stevia
- Sugar alcohol
- Aspartame
- Cyclamate
- Sucralose
- Saccharine
- ACE-K
- Others
Application Outlook (Revenue, USD Billion; 2019–2030)
- Food
- Confectionery
- Baked Goods
- Condiments
- Dairy and Frozen goods
- Yogurt
- Ice creams
- Others
- Beverages
- Fruit Juices and Zero Calorie Drinks
- Carbonated Soft Drinks (CSD)
- Functional Drinks
- Smoothies
- Others
End-use Outlook (Revenue, USD Billion; 2019–2030)
- Food and Beverages
- Tabletop (Direct Consumers)
- Hospitality
- Hotels and Restaurants
- Cruise lines
- Air lines
- Fast Food Centers
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1329
Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.
Browse More Related Links
Ventilation Fan Market:https://www.reportsanddata.com/report-detail/ventilation-fan-market
Lipid Nutrition Market:https://www.reportsanddata.com/report-detail/lipid-nutrition-market
Functional Food Ingredients Market:https://www.reportsanddata.com/report-detail/functional-food-ingredients-market
Protective Cultures Market:https://www.reportsanddata.com/report-detail/protective-cultures-market
Dairy Testing Market:https://www.reportsanddata.com/report-detail/dairy-testing-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
