Global Sugar Substitute Market foreseen to cross USD 19 billion by 2025

1. Global Sugar Substitute Market foreseen to cross USD 19 billion by 2025 Market overview: The global Sugar Substitutes Market was worth USD 13.09 billion in 2019, and it is estimated that it will reach a valuation of USD 19.1 billion by 2025 at a CAGR of 4.2 % during the outlook period. Sugar, a carbohydrate that is used in many foods for its sweet taste, is derived from various sources such as sugar cane. Monosaccharides, galactose, and fructose are among the most common types of sugar. The sugar that humans consume is known as sucrose, and when consumed, it is hydrolyzed into glucose and fructose. Sugar is used primarily as a bakery product and as a commercial beverage and sweetener. Growing concern about obesity and other serious health problems caused by sugar intake has led people to seek alternatives. Recent developments: In May 2018, Cargill introduced a new calorie-free sweetener that contains substances derived from stevia. The product name "EverSweet" was introduced in a context of growing demand for healthier substitutes for synthetic sweeteners. In October 2017, GLG Life Tech Corp worked with Archer Daniels Midland Co. to launch a new product called Reb M Sweetener made with stevia. Market Drivers and Restrains: Increasing demand for zero- or low-calorie products and increased consumer awareness of sugar substitutes are the main contributors to the growth of the sugar substitute market. Sugar substitutes are mainly used in processed foods such as ice cream, beverages, powdered drink mixes, jams, candies, jellies, dairy products, puddings, etc. The increasing prevalence of diabetes and the increase in weight-related problems is one of the main factors motivating the adoption of sugar substitutes. Food companies are also looking for attractive revenue potential for sugar substitutes. Market potential is increasing as its role in nutritional interventions to control the risk of type 2 diabetes and heart disease increases. Various brands containing sugar substitutes are attracting the attention and acceptance of the population in developed countries. Therefore, scientific

2. support is driving their needs in many regions of the world, increasingly in developing countries. The growing number of FDA approved products is helping to expand a profitable path in the market for sugar substitutes. In addition, intake is increasing as various functional sweeteners from food companies promise consumers that these sugar substitutes will have a beneficial effect in preventing tooth decay. With a high consumption of sugar and a growing awareness of the impact of diabetes increasingly widespread throughout the world, it is ready to support the growth of the market. The application of sugar substitutes aims to reduce costs and reduce the use of sugar in food manufacturing. This creates lucrative opportunities for R&D and a competitive edge in the global market. To know more read: https://www.marketdataforecast.com/market-reports/sugar-substitutes-market Report is segmented as: Depending on the type, high-concentration sweeteners are the most popular type of product because they provide negligible energy and a more pleasant texture compared to other sugar substitutes. With market segmentation by origin, artificial sugar substitutes occupy the largest market share as they are widely used in the manufacture of processed foods such as baked goods, canned goods, jams, jellies, puddings, and candies. Geographical Segmentation: Due to the growing demand for sweeteners in North America, the area is likely to dominate the global market for sugar substitutes. Increasing demand for industrial and non-industrial sugar substitutes and changing consumer preferences are further accelerating market demand for sugar substitutes in the near future. Additionally, North America is one of the leading manufacturers in the sweetener market due to the growing demand for prepared foods, alternative sources of sugar, and functional foods. This dictates the growth of this market in the region over the next few years. Key market players:

3. Some active market participants in the global sugar substitute market include Tate & Lyle, Cargill Incorporated, EI DuPont De Nemours, Archer Daniels Midland Company, Roquette, Ajinomoto Co. Inc., Ingredion Incorporated, The Nutra Sweet Company, PureCircle and JK Sucralose Inc. View sample and decide: https://www.marketdataforecast.com/market-reports/sugar-substitutes- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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