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Global Alternative Sweetener Market - Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Alternative Sweetener Market
Global alternative sweetener market was valued at US $ XX Mn in 2017 and expected to grow at 4.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Alternative Sweetener Market
Alternative sweetener are the food additives which enhance the taste of the food. They are the chemicals that are added to the food products to make them sweet with zero calories. Natural as well as synthetic alternative sweeteners are available in the market.
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Market Dynamics: Alternative Sweetener Market
Increase in the prevalence of various health disorders such as diabetes and obesity are the key factors attributing for the growth of the alternative sweetener market. Increase health concerns and burgeoning fitness centers and health clubs are enhancing the growth of the alternative sweetener market. However, high cost of the product is hampering the growth of the alternative sweeteners market.
Market Scope: Alternative Sweetener Market
Alternative sweetener market is segmented based on the type, product, and end user
Based on the type, the market is segmented into the following:
• High Fructose Syrup (HFS)
• Low Intensity Sweetener (LIS)
• High Intensity Sweetener (HIS
• Others
Based on the product, the market is segmented into the following:
• Maple Syrup
• Date Sugar
• Xylitol
• Stevia
• Coconut Sugar
• Raw Honey
• Blackstrap Molasses
• Monk Fruit
Based on the end user, the market is segmented into the following:
• Pharmaceuticals
• Food and Beverage
• Personal Care
• Others
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Regional Analysis: Alternative Sweetener Market
Geographically, global alternative sweetener market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America alternative sweetener market is the holds larger share when compared with that of the other regional markets. Owing to its higher costumer-base. Asia Pacific alternative sweetener market is expected to grow exponentially over the forecast period. The increasing awareness regarding the health benefits of using alternative sweeteners along with growing health consciousness are boosting the growth of the market in this region. Europe alternative sweetener market is predicted to grow at a slower pace.
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Competition Assessment: Alternative Sweetener Market
Some of the players in the global alternative sweetener market include:
• Imperial Sugar Company (U.S)
• Merisant Worldwide (U.S)
• Hermes Sweeteners (Switzerland)
• GLG Life Tech Corp. (Canada)
• Cargill Incorporated (U.S)
• Pure Circle (Malaysia)
• Naturex (France)
• Archer Daniels Midland Company (US)
• Zydus Wellness (India)
Notable Market Developments: Alternative Sweetener Market
In June 2017, Lampados has launched 3D Stevia Sweetener
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