Market Research Report
Global Alternative Sweeteners Market Forecast 2021-2028
|Published by||Inkwood Research||Product code||987546|
|Published||Content info||187 Pages
Delivery time: 2-3 business days
|Global Alternative Sweeteners Market Forecast 2021-2028|
|Published: February 8, 2021||Content info: 187 Pages||
The global alternative sweeteners market is set to project a CAGR of 3.23% during the forecast period, 2021-2028. The increasing health concerns in terms of obesity, the rising prioritization of advertising and marketing activities, the growing awareness of sugar substitutes, and the surging demand for low-calorie sweeteners, are propelling the market growth.
Food additives that replicate the sugar taste are knowns as sugar substitutes. Alternative sweeteners are sugar substitutes of low-calorie content. They have a low glycemic index, thereby retaining insulin levels after consumption. They are used to sweeten an extensive range of foods and beverages. These are sweeter than regular sugar, added in traces to reach the same level of sweetness that of sugar. There is an increasing awareness of alternative sweeteners' benefits, along with sugar consumption risks, which is expected to drive the global alternative sweeteners market growth.
The geographical segmentation of the global alternative sweeteners market includes the growth evaluation of North America, Europe, Asia Pacific, and Rest of World. The Asia Pacific region is estimated to fare well both in terms of market share and CAGR. This is because there are growing incidences of health problems like dental damage, diabetes, obesity, and hypertension, which has raised the need to regulate sugar intake.
The key international players in the market have huge product offerings, a strong distribution network, and offer quality products. Some of the major players in the market include GLG Life Tech Corporation, Dupont Nutrition & Health, Archer Daniels Midland Company, Ajinomoto Co Inc, Cargill Inc, etc.