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Get Industry Insights in Global Non-Sugar Sweeteners Market Size, Share, Development, Growth and Demand Forecast to 2023
Non Sugar Sweeteners Market
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Non-sugar sweeteners are the alternative to sugar with certain difference in properties, as compared to organically produced sugar. The patients of reactive hyperglycemia and diabetes are often advised by the doctors to replace their sugar based diet with non-sugar sweeteners.
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.
The macro-economic factors, such as increasing disposable income and up surging urbanization are the key factors responsible for the growing adoption and affordability of such sweeteners. The increasing attention of food and beverages industry towards diabetic patients is expected to propel the growth of the market, during the forecast period.
The sweetness level varies among the various types of non-sugar sweeteners. For instance, aspartame, saccharin, sucralose, and stevia are the most potent sweeteners. On the other hand, sweeteners, such as xylitol and sorbitol are less sweet, and have different metabolic and digestive properties than others.
The global non-sugar sweeteners market is moderately regulated, where defined types of such sweeteners is approved for production and marketing in different regions.
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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.
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.
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