Global Sugar Substitutes for Food Applications Market, By Type (High-Fructose Syrup, High-Intensity Sweeteners, Low-Intensity Sweeteners), Composition (High-Intensity Sweeteners (HIS), Low-Intensity Sweeteners), Application (Food Products, Beverages, Health and Personal Care), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Sugar Substitutes for Food Applications Market
The sugar substitutes for food applications market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 4.40% in the forecast period of 2021 to 2028. The increase in health consciousness among consumers is escalating the growth of sugar substitutes for food applications market.
Sugar refers to a carbohydrate utilized in many foods for its sweet taste. The product is derived from several sources such as sugarcane. The most common types of sugar available are monosaccharide (simple sugar), galactose and fructose. The sugar consumed by the humans is called sucrose when consumed will hydrolyze into glucose and fructose. Sugar is generally utilized in commercial beverages and sweetener.
The growth in awareness of the negative health effects of sugar and the increase in the rate of obesity cases across the globe are the major factors driving the sugar substitutes for food applications market. The introduction of low-calorie variants of food products with the purpose of expanding their consumer base, the increase in demand from diabetic patients globally for the consumption of sweet foods without affecting their insulin levels and the growing prevalence of diseases such as diabetes accelerate the sugar substitutes for food applications market growth. The increasing cases of tooth decay as the bacteria present in dental plaque metabolize sugar and release acid damaging the teeth enamel and sugar substitutes such as stevia provide active dental benefits and growth in the awareness in consumers regarding the benefits influence the sugar substitutes for food applications market. Additionally, the rise in demand for natural sweeteners due to the rise in consumer inclination toward natural products and the increasing demand for sugar substitutes in various applications in the food and beverage industry positively affect the sugar substitutes for food applications market. Furthermore, potential for diversification into other application sectors and surge in investment in research and development activities by key players to produce newer and enhanced products extends profitable opportunities to the sugar substitutes for food applications market players in the forecast period of 2021 to 2028.
On the other hand, adherence to international quality standards, implementation of regulations for sugar substitute products and rise in concerns regarding are health problems due to the consumption of sugar substitutes factors expected to obstruct the sugar substitutes for food applications market growth. The product labeling and claim issues are projected to challenge the sugar substitutes for food applications market in the forecast period of 2021-2028.
This sugar substitutes for food applications market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on sugar substitutes for food applications market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Sugar Substitutes for Food Applications Market Scope and Market Size
The sugar substitutes for food applications market is segmented on the basis of type, composition and application. The sugar substitutes for food applications market growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the sugar substitutes for food applications market is segmented into high-fructose syrup, high-intensity sweeteners and low-intensity sweeteners.
- On the basis of composition, the sugar substitutes for food applications market is segmented into high-intensity sweeteners (HIS) and low-intensity sweeteners.
- On the basis of application, the sugar substitutes for food applications market is segmented into food products, beverages and health and personal care.
Global Sugar Substitutes for Food Applications Market Country Level Analysis
The sugar substitutes for food applications market is analyzed and market size, volume information is provided by country, type, composition and application as referenced above.
The countries covered in the global sugar substitutes for food applications market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the sugar substitutes for food applications market because of the flourishing food processing industry, rising prevalence of diabetes and increasing obesity among the population. Asia-Pacific is expected to witness the significant CAGR during the forecast period of 2021-2028 because of the rising health issues related to sugar consumption, the presence of emerging economies and rising disposable income in the region.
The country section of the sugar substitutes for food applications market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sugar Substitutes for Food Applications Market Share Analysis
The sugar substitutes for food applications market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sugar substitutes for food applications market.
The major players covered in the sugar substitutes for food applications market report are DuPont, ADM, Tate & Lyle, Ingredion Incorporated, Cargill, Incorporated, PureCircle, MacAndrews & Forbes Incorporated, JK Sucralose Inc, Ajinomoto, steviahubindia, Suminter India Organics, Sweetly SteviaUSA, Pyure, Xilinat, Fooditive B.V., SAGANÀ Association, Hearthside Food Solutions LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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