Global Sugar Substitutes Market growing at a CAGR of 8.2% by 2021

According to the report “Global Sugar Substitutes Market,” published by Market Data Forecast, the global market is projected to reach USD 3544.33 million by 2021, at a CAGR of 8.2% from 2016 to 2021.Global sweetener market(Sugar Substitutes Market) is naturally derived sweeteners with stevia emerging as popular sugar substitute in light of increased availability of low-calorie naturally derived sweeteners and rising awareness about them. Stevia is derived from the plant name Stevia. The active compounds which are present in this plant are nearly 150 times sweeter than sugar and have a zero effect on blood glucose levels. Normal sugar crystals which is high in calories is being replaced by a huge array of sugar substitutes in the food & beverage industry like Dietary foods, cereals, diet sodas, and sugar-free desserts are some of the products in which Sugar Substitutes are being used.
High-intensity sweeteners account for a highest market share and is expected to grow at a CAGR. Its attributes such as cost reduction and appropriate blending with food & beverages to enhance the taste are anticipated to propel the demand in near future. Food segment has the fastest growth, owing to increasing awareness and changing consumer patterns for low-calorie food products.

The factors affecting the Global Market for Food Colors Market, either positively or negatively are presented in the DROC analysis. Some of the things discussed in the section like increasing due to rise in health problems related to sugar consumption, increasing awareness and preference for low-caloric food and beverage products, and increase in population and disposable income. But, the market growth can be constrained due to stringent regulatory framework regarding consumption of sugar substitutes which is triggering health problems.

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For granular level understanding the Sugar Substitutes Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.

By Type:
• High-intensity sweeteners
• Low-intensity sweeteners
• High-fructose syrups

By Composition:

• Stevia
• Aspartame
• Cyclamate
• Sucralose
• Saccharin
• AceK
• D-Tagarose
• Sorbitol
• Maltitol
• Xylitol

By Application:

• Health & Personal Care
• Beverages
• Food
o Confectionery
o Bakery
o Dairy
o Frozen foods

Geographically, Global market for Sugar Substitutes is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the biggest market in terms of market share across the globe, followed by Europe. The market in these regions is quite mature due to rising prevalence of diabetes and obesity, and growing consumer demand for sugar substitutes. Asia Pacific and MEA regions are estimated to achieve highest gains in the near future, followed by Latin America. Emerging economies of these regions are providing lucrative profit margins to the key market participants, due to which these markets are growing with very high CAGR. For more of regional analysis check out the following reports.

• North America Sugar Substitutes Market
• Europe Sugar Substitutes Market
• Asia-Pacific Sugar Substitutes Market
• Latin America Sugar Substitutes Market
• Middle East and Africa Sugar Substitutes Market

Cargill Incorporated, Tate & Lyle PLC, E. I. du Pont de Nemours and Company, Roquette Freres S.A., PureCircle Ltd., Ajinomoto Co. Inc., Archer Daniels Midland Company, MacAndrews & Forbes Incorporated, Ingredion Incorporation, and JK Sucralose Incorporation, are the major players of Global Sugar Substitutes market.

The Sugar Substitutes Market study offers the following deliverables:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming

• Segment-level analysis on basis of type, Therapeutic application, and end user along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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