The Global Sugar Substitutes Market Research Report added by Emergen Researchto its expanding repository is an all-inclusive document containing insightful data about the Sugar Substitutes market and its key elements. The report assesses the historical data and current scenario to offer accurate estimations of the Sugar Substitutes market in the coming years. The report values the Sugar Substitutes market at USD 23.93 Billion by the year 2028, growing steadily at a CAGR of 4.7%. Due to global obesity epidemic, all form of sweeteners is under scrutiny from health professionals, consumer advocacy groups, and lawmakers.
This is prompting companies to rethink selection of ingredients and marketing messages. While consumers are monitoring their sugar intake, they are unwilling to sacrifice taste for calorie reduction, particularly in bakery, beverage, and confectionery items. Companies are introducing substitutes for sugar such as stevia and its blends, coconut sugar, monk fruit, syrups, sugar alcohols, honey, and prebiotics fibers.
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The report also studies the key companies of the Sugar Substitutes market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
- Cargill,
- Incorporated,
- Tate Lyle PLC,
- Archer Daniels Midland Company,
- PureCircle Limited,
- Ingredion Incorporated,
- Ajinomoto Co., Inc.,
- I. Dupont De Nemours and Company,
- Roquette,
- JK Sucralose Inc., and
- The Nutra Sweet Company
The report closely studies the growth trajectory of the global Cathode Materials market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa. The report further divides the Sugar Substitutes market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Sugar Substitutes market.
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Stevia segment accounted for largest revenue share in 2020 due to its zero calories and zero glycemic index characteristics. Stevia is about 100 to 300 times sweeter than table sugar but has no calories, carbohydrates, or artificial ingredient. Over the past five years, approximately 10,000 stevia-based beverages and food products have been introduced, out of which most of the launces included soft drink production.
Emergen Research has segmented the global sugar substitutes market on the basis of origin, type, composition, application, and region:
Origin Outlook (Revenue, USD Billion; 2018-2028)
- Artificial/Synthetic
- Natural
Type Outlook (Revenue, USD Billion; 2018-2028)
- High-fructose syrups
- Low-intensity sweeteners
- High-intensity sweeteners
Composition Outlook (Revenue, USD Billion; 2018-2028)
- Sugar Alcohols
- Stevia
- Saccharine
- Sucralose
- Cyclamate
- Aspartame
- Others
Application Outlook (Revenue, USD Billion; 2018-2028)
- Beverage
- Food
- Pharmaceuticals
- Personal Care
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