Market Definition:

The Global Sugar Substitutes Market is witnessing an impressive growth over the last few years. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on “Global Sugar Substitutes Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period.

Market Scenario:

With the changing lifestyle and evolving dietary patterns, convenience food plays an important role in defining the consumers’ food choices in the modern world. Sugar substitutes is considered to be one of the important components in the food manufacturing process. One of the significant reasons of the rising growth of sugar substitutes is the mounting growth of various beverages. Beverages are gaining traction both in the developed and developing economies. Due to the increasing population coupled with the rising per capita disposable income is anticipated to fuel the sales of beverages.



Apart from this, factors such as changing lifestyle rising women workforce, and increasing demand of convenience products are anticipated to be vital reason for increasing demand of beverages which is anticipated to fuel the overall growth of sugar substitutes. Sugar substitutes is massively used in the bakery & confectionery products, dairy products, and various frozen foods which will aid to upsurge the sales of sugar substitutes during the forecast period of 2017-2023.



Growth of the sugar substitutes market is attributed to the rising incidences of obesity and diabetes among the sugar consumer. These ailments bring various chronic diseases such as kidney failure, respiratory disorders, and other diseases. Increasing consumer awareness is playing a crucial role to increase the demand of the sugar substitutes. Also, one of the recent trends which is gaining traction among the consumers is the rising growth of natural sugar substitute products.

Receive a Sample Report@ https://www.marketresearchfuture.com/sample_request/3224

Key players:

The key players profiled in sugar substitutes are: Cargill, Inc. (U.S.), Tate & Lyle PLC (U.K.), Ingredion Incorporated (U.S.), The Archer Daniels Midland Company (U.S.), JK Sucralose Inc (China), E. I. du Pont de Nemours and Company (U.S.), Merisant Company (U.S.)

Key Findings:

Growth of natural sweeteners is anticipated to have a high growth during the forecast period.

Top exporters of Sugar Substitutes include U.S., China, Canada, Netherlands, Germany and Italy

Segments
Sugar Substitutes has been segmented on the basis of Type which comprises High-intensity sweeteners, Low-intensity sweeteners, High-fructose syrups, others. High intensity sweeteners is projected to hold a major share.
Sugar Substitutes has been segmented on the Basis of product-type which comprises High-intensity sweeteners category (Acesulfame potassium (Ace-K), Saccharin, Aspartame, Stevia, Sucralose, Others), Low-intensity sweeteners category (Maltitol, Xylitol, D-Tagatose, Erythritol, Sorbitol, Others). High-intensity sweeteners category is found to hold a major share in the sugar substitute’s product-type due to its rising application in healthcare and food industries.
Sugar Substitutes has been segmented on the basis of application which comprises Bakery and Confectionery, Beverages, Dairy Products, Healthcare products, Personal care products, Others. Bakery and confectionery is found to hold a major share followed by beverages.
Sugar Substitutes has been segmented on the basis of formulation which comprises Natural Sweeteners, Artificial Sweeteners. Artificial Sugar Substitutes dominates the segment.



ACCESS REPORT DETAILS @ https://www.marketresearchfuture.com/reports/sugar-substitutes-market-3224

Intended Audience

Sugar Substitutes Manufacturers

Bakery products Manufacturers

Retailers and Wholesalers

Traders, Importers and Exporters



Global Sugar Substitutes Market - Regional Analysis

The global sugar substitutes market is segmented into North America, Europe, Asia Pacific and Rest of the World. Among these, North America is estimated to retain its dominance throughout the forecast period of 2017-2023. This is attributed to the increasing awareness of the healthy food habits and increasing disposable income of consumers. Also, the new product launch by the key players in the sugar substitutes market is anticipated to stimulate the sales of sugar substitutes in the North American countries. Europe is estimated to account for one quarter of the overall market of global sugar substitutes market in the year of 2017. However, Asia Pacific region is estimated to witness a maximum growth in the global sugar substitutes market during the forecast period of 2017-2023.



About Market Research Future:



At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.



MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.



In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.



Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]