Low Intensity Sweeteners Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc. Furthermore, it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability.
Low-intensity sweeteners are food additives that provide a sweet taste while containing significantly lower food energy than sugar-based sweeteners. Low-intensity sweeteners are derived through the manufacturing of plant extracts or can be processed by chemical synthesis. The global low-intensity sweeteners market is anticipated to expand at a lucrative CAGR during the forecast period. Many factors are contributing to the ascension of the global low-intensity sweeteners market.
Obesity is prevalent at an alarming rate and has become one of the most significant health concerns across the globe. Obesity leads to many serious ailments, including osteoarthritis, high cholesterol, cardiovascular diseases, sleep apnea, and respiratory problems. With the growing awareness towards the ill effects of obesity and sugar consumption, consumers are shifting to substitutes for natural sugar. This is driving the global low-intensity sweeteners market to a great extent during the forecast period. Although low-intensity sweeteners are considered as a safe substitute for sugar, long term use of the product is not advised. The food and beverage industry is observed to capitalize on the augmenting demand for low-intensity sweeteners and has launched various products over the years. Diet Coke and Coke Zero are just a couple of examples which use low-intensity sweeteners instead of pure sugar, and hence, contain low calories.
Younger population in developing countries are becoming more health conscious and hence, the demand for low calorie, no/low sugar foods has risen multifold. Furthermore, in countries with high domestic sugar consumption such as India, alternative sweeteners are in high demand, contributing to the growth of the global low-intensity sweeteners market.
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Some of the key players in the Low Intensity Sweeteners Market include
- Ingredion (U.S.),
- Cargill, Inc. (U.S.),
- Roquette Freres SA (France),
- Südzucker AG (Germany),
- Matsutani (Japan),
- Tate and Lyle (U.K),
- Purecircle (Malaysia),
- Mitsui (Japan)
- NutraSweet Company (U.S.).
May 2019: PureCircle and Merisant have entered into a stevia supply agreement. This partnership will ensure Merisant’s long-term supply of the best-tasting stevia ingredients. PureCircle is a leading producer and innovator of stevia sweeteners. Merisant produces low and zero-calorie tabletop sweeteners.
The global low-intensity sweetener market studied for the various segments, in the MRFR report, based on type and application. Based on type, the global low-intensity sweeteners market is segmented into xylitol, tagatose, allulose, trehalose, and iso-maltulose. Among these segments, the trehalose segment is expected to hold a dominant share in the market.
On the basis of application, the low-intensity sweeteners market is segmented into bakery foods, confectionery, beverages, tabletop sweeteners, dairy & allied products, and pharmaceuticals. Among these, the application of low-intensity sweeteners in beverages is anticipated to retain its dominance over the market through the forecast period, owing to the mounting demand for sugar substitutes in beverages.
Detailed Regional Analysis
The Global Low Intensity Sweeteners Market is regionally segmented into North America, Asia Pacific, Europe, and Rest of the World (RoW). Asia Pacific is anticipated to spearhead the global low-intensity sweeteners market through the forecast period. Rising consumer awareness and the demand for convenience foods are some of the most significant contributors to the upscaling of the global low-intensity sweetener market. North America is anticipated to garner the fastest growth in the global low-intensity sweeteners market during the forecast period of 2017-2023.
Major importers of low-intensity sweeteners include Germany, the Philippines, Mexico, the U.K., and France. Proliferating consumer awareness and augmenting demand for low-calorie sugar substitutes has led to a surge in demand for low-intensity sweeteners in Asia Pacific countries such as China, India, and Japan. This is estimated to drive the low-intensity sweeteners market in the region during the conjectured time period.
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