Title: Sugar Substitutes Market Growth Rate, Global Trend, and Opportunities to 2026
1Sugar Substitutes Market To Reach USD 21.54
Billion By 2026
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2 Market Summary
The growth of the market is driven by the
increasing awareness of low-calorie food
consumption and healthy food and beverages among
people worldwide. Market Size USD 14.94
Billion in 2018, Market Growth - CAGR of 4.6,
Market Trends Increasing awareness of
low-calorie food consumption and healthy food and
beverages among people worldwide are key factors
that are expected to drive global market growth
over the forecast period. The Sugar Substitutes
Market is forecasted to grow from USD 14.94
Billion in 2018 to USD 21.54 Billion by 2026, at
a CAGR of 4.6, during the forecast period. The
market is primarily driven by the increased
demand for sugar substitute from the food
beverage industries.
3 Our Approach
Market Summary
- Asia Pacific is estimated to be a promising
region for sugar substitute manufacturers as a
result of improving living standards of the
middle-class population coupled with increasing
consumer spending power. In addition, growing
health-conscious population concerns are
projected to be one of the key drivers of market
growth. - China is one of APAC's major sugar substitutes
markets. The presence of a large number of
manufacturers and ageing population is driving
demand for sugar substitutes. - Increasing awareness of the repercussions of high
sugar consumption and increasing prevalence of
diabetes around the globe is expected to support
market growth. Fluctuating sugar prices are
expected to create opportunities for sugar
substitutes manufacturers worldwide during the
forecast period. - The increasing demand for zero-calorie or
low-calorie products, coupled with increasing
consumer awareness of sugar substitutes, is the
primary factor that contributes to the growth of
the market for sugar substitutes. Sugar
substitutes are used primarily in processed foods
such as drinks, ice creams, powdered drink mixes,
puddings, jams, jellies, sweets, dairy products,
and others. - Request for a sample of this research report _at_
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4 Our Approach
Market Summary
- Further key findings from the report suggest
- The Sugar Substitutes Market is forecasted to
grow from USD 14.94 Billion in 2018 to USD 21.54
Billion by 2026, at a CAGR of 4.6, during the
forecast period. The market is primarily driven
by the increased demand for sugar substitute from
the food beverage industries. - The market for high intensity sweeteners is
expected to grow the largest at USD 10.12 Billion
in 2026, at a CAGR of 4.8 during the forecast
period. Changing trends in health and wellness
around the globe are expected to boost
high-intensity sweetener application over the
forecast period. Increasing emphasis on reducing
overall sugar consumption coupled with increasing
health-conscious people's base is prompting the
food beverage industry to respond to the rising
demand for healthy food from consumers.
Industry-operating companies focus on developing
foods and drinks that help meet the weight loss
and dietary goals of customers. - The market for beverage is expected to grow the
largest at USD 9.80 Billion in 2026, at a CAGR of
4.6 during the forecast period. Due to the
rising demand for natural health drinks and
sports drinks with increased nutritional value,
the segment is projected to dominate the market
over the forecast period. - To identify the key trends in the industry, click
on the link below https//www.reportsanddata.com/
report-detail/sugar-substitutes-market
5 Our Approach
Market Summary
- The major players in the market are Tate Lyle
(UK), Cargill Inc. (US), Archer Daniels Midland
Company (US), Ingredion Inc. (US), Roquette
Frères (France), Ajinomoto Co. Inc. (Japan), JK
Sucralose Inc (China), PureCircle (Malaysia), The
NutraSweet Company (US), and E. I. DuPont De
Nemours (US). - Segments covered in the report
- This report forecasts volume and revenue growth
at a global, regional country level, and
provides an analysis on the industry trends in
each of the sub-segments from 2016 to 2026. For
the purpose of this study, Reports and Data have
segmented the market on the basis of type,
origin, application and regional analysis. - Type (Revenue, USD Million 2016-2026)
- High intensity sweeteners
- Low intensity sweeteners
- High fructose syrup
6 Our Approach
Market Summary
- Type of Procedures (Revenue, USD Million
2016-2026) - Food
- Beverages
- Others
- Origin (Revenue, USD Million 2016-2026)
- Artificial
- Natural
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Our Approach
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