Sugar Substitutes Market Analysis By Manufacturers, Regions, Types and Applications 2028

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Increasing preference among consumers towards low-calorie beverages and food products is driving revene growth of the market

The report on the global Sugar Substitutes market discusses in depth the current and emerging trends of the industry and discusses in detail the advancements in the technological and product sector. The report talks about the current and emerging and disruptive technologies in the healthcare sector that is impacting the market growth. Improvements in service quality, automation, increasing focus on patient-centric approaches, and rapid adoption of telehealth, especially amid the COVID-19 pandemic, have accelerated the market growth.

Rapid urbanization coupled with increasing spending power of consumers on processed food and beverages in developing countries is expected to propel growth of the market. Surge in investments in research and development to introduce novel products containing blends of sugar substitutes and prebiotics and probiotics are expected to present lucrative growth opportunities for emerging players in the industry.Due to global obesity epidemic, all form of sweeteners is under scrutiny from health professionals, consumer advocacy groups, and lawmakers. 

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The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are Cargill, Incorporated, Tate Lyle PLC, Archer Daniels Midland Company, PureCircle Limited, Ingredion Incorporated, Ajinomoto Co., Inc., E.I. Dupont De Nemours and Company, Roquette, JK Sucralose Inc., and The Nutra Sweet Company.

Some Key Highlights From the Report

  • Natural segment accounted for largest revenue share in 2020. Shift in consumer preferences from synthetic or artificial sugar substitutes towards natural and organic products is expected to drive growth of the segment. As per the sugar alliance organization, almost 20% of the U.S. citizens agreed that they prefer natural sugar substitute-based food or drink products.
  • High intensity sweeteners are commonly used as sugar substitute as they are sweeter than sugar but contribute to few or no calories when mixed with food. These sugar substitutes are approved by FDA and are safe for consumption under certain conditions of use. Some of the commonly used high intensity sweeteners are sucralose, aspartame, and saccharine.
  • Stevia segment accounted for largest revenue share in 2020 due to its zero calories and zero glycemic index characteristics. Stevia is about 100 to 300 times sweeter than table sugar but has no calories, carbohydrates, or artificial ingredient. Over the past five years, approximately 10,000 stevia-based beverages and food products have been introduced, out of which most of the launces included soft drink production.

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Emergen Research has segmented the global sugar substitutes market on the basis of origin, type, composition, application, and region:

Origin Outlook (Revenue, USD Billion; 2018-2028)

  • Artificial/Synthetic
  • Natural

Type Outlook (Revenue, USD Billion; 2018-2028)

  • High-fructose syrups
  • Low-intensity sweeteners
  • High-intensity sweeteners

Composition Outlook (Revenue, USD Billion; 2018-2028)

  • Sugar Alcohols
  • Stevia
  • Saccharine
  • Sucralose
  • Cyclamate
  • Aspartame
  • Others

Application Outlook (Revenue, USD Billion; 2018-2028)

  • Beverage
  • Food
  • Pharmaceuticals
  • Personal Care

Regional Bifurcation of the Sugar Substitutes Market Includes:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report aims to provide a complete analysis of the global Sugar Substitutes market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Sugar Substitutes market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

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Highlights of Table of Contents (TOC):

  • Overview of Global Sugar Substitutes Market
  • Competitive analysis of the Sugar Substitutes market
  • Regional analysis of Global Sugar Substitutes market production and revenue
  • Regional analysis of Global Sugar Substitutes market supply, consumption, and export import
  • Type-based market analysis of global Sugar Substitutes production, revenue, and price trends
  • Application-based analysis of the global Sugar Substitutes market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Sugar Substitutes market
  • Global Sugar Substitutes market forecast (2020-2027)
  • Conclusion of the research report

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