Alternative Sweeteners Market Set To Grow To $14.2bn By 2022
10 August 2018
Visiongain’ has launched a new Food report Sugar Reduction Technologies: Alternative Sweeteners Market Forecast 2017-2027
Natural, Artificial, Nature-identical, Sweet Snacks, Bakery & Confectionary, Dairy & Frozen Desserts, Alcoholic Beverages, Non-alcoholic Beverages, Others, North America, EU, APAC, RoW, Leading Companies
The global alternative sweeteners market is growing at a moderate rate owing to the growing concerns on excessive intake of sugar. Consumers are purchasing products that have low sugar and calorie content to maintain a suitable body weight and avoid health problems such as obesity, high/low blood pressure, and tooth decay. Sweeteners are now becoming common in homes across the globe, appearing in many “sugar-free” or “diet” candies, cookies, and beverages. Players are thus using sweeteners across industries, including confectionery, bakery, beverages, cereal, ice cream, and dairy.
Alternative sweeteners, both low-calorie and zero-calorie variants, are replacing sugar and corn syrup in food and beverage, healthcare, and personal care products. Significant investments in state-of-the-art equipment and new technologies and the introduction of new crop varieties have resulted in increased alternative sweetener production.
The visiongain report analyst commented “Much of the growth in the global alternative sweeteners market is set to be driven by growing consumer concerns over sugar intake, whilst the development of more plant-derived sweeteners is also anticipated to benefit the market. The gradual demise of sugar yet desire for sweetened food and drink products, suggests good opportunities for alternative sweeteners. APAC is one of the fastest-growing regions for the market. It is expected to expand its market share during the forecast period, driven by the increase in consumer incomes in many emerging countries like China, India, and Brazil and the launch of new functional food products in the region..”
Leading companies featured in the report include Ajinomoto Co., Inc., Amalgamated Sugar, Archer-Daniels Midland, Cargill Inc., Celanese Corporation, Danisco A/S, Ingredion Inc, JK Sucralose Inc, Roquette Freres SA, Tate & Lyle PLC.
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