Press release
Global Non-Sugar Sweeteners Market Growing Rapidly By Increasing Numbers of Diabetic Patients Worldwide
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According to the World Health Organization, the population of diabetic people is expected to increase from 171 million in 2000, to 366 million in 2030. In the American region, it is expected to increase from 33 million in 2000, to 67 million in 2030. Their number is expected to increase at more exorbitant rate in South-East Asia with 47 million in 2000, to 120 million in 2030.
Europe is the largest bakery market globally, whereas Asia-Pacific is also emerging as a major market for bakery products, owing to its fast growing population. Several food and beverages manufacturers are investing highly in Asia-Pacific, which is also expected to increase the demand for non-sugar sweeteners in the region.
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The global non-sugar sweeteners market comprises large number of players creating a high degree of rivalry. The major players in the market include Cargill, Tate & Lyle, Archer Daniels Midland Company, Danisco, and Hermes Sweetener Limited.
Global Non-Sugar Sweeteners Market Segmentation
By Type
• Aspartame
• Acesulfame Potassium
• Saccharin
• Cyclamate
• Sucralose
• Neotame
• Alitame
• Others
By Application
• Sugar Alcohol
• High-Fructose Corn Syrup
• Bakery and Confectionary
• Frozen Foods
• Others
By Geography
• North America
• Latin America
• Western Europe
• Central and Eastern Europe
• Asia-Pacific
• Middle-East and Africa
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