Press release
Artificial Sweeteners Market Forecast 2019-2023 with Key Players Roquette Frères, MacAndrews & Forbes, Ingredion Incorporated, Cargill Foods India, American Sugar Refining, Wilmar International, Tate & Lyle, Symrise
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The leading players in the market are Roquette Frères, MacAndrews & Forbes, Ingredion Incorporated, Cargill Foods India, American Sugar Refining, Wilmar International, Tate & Lyle, Symrise, Archer Daniels Midland, Nestlé and Ajinomoto.
Product type Outlook and Trend Analysis
On the basis of product type, the global artificial sweeteners market is segmented as Saccharin, Acesulfame k, Aspartame, and Neotame. Among these, the aspartame is anticipated to account for the highest revenue generation in the upcoming years. Pervasiveness of obesity, diabetes and related conditions will keep on fueling the requirement for artificial sweeteners in the food industry. Expanding utilization of artificial sweeteners, for example, Saccharin can affect the strength of the clients unfavorably. These elements are required to recoil the client based for artificial sweeteners in the worldwide market amid the gauge time frame.
End User Outlook and Trend Analysis
In terms of end user, the global market of artificial sweeteners is segmented as direct sales, pharmaceuticals, food and beverages, and other applications. Artificial sweeteners witness tremendous demand in the beverage sector for the manufacturing of range of soft drinks. Switching inclination and spending patterns of consumers towards products that are healthy will further lead to expanding sales for artificial sweeteners in the global market.
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Application Outlook and Trend Analysis
On the basis of application, the global artificial sweeteners market is segmented as confectionery and chewing gums, sweet spreads, beverages, bakery goods, dairy products, and others. Developing preference for healthy beverage products, for example, natural fruit juices has brought about a drop in sales for soft drinks. Rising health issues among consumers has brought about a surge in demand for sugar-free, fat-free, and diabetes friendly products. Prevalence of numerous illnesses like diabetes and obesity is further anticipated to boost the development of the global artificial sweeteners market.
Regional Outlook and Trend Analysis
The usage of artificial sweeteners in developed nations like Europe and North America has declined, owing to the educed consumption of soft drinks. Nonetheless, regions like Asia-Pacific and the Middle East are foreseen to boost the market growth.
Competitive Insights
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The Artificial Sweeteners market is segmented as follows-
By Product Type:
Saccharin
Neotame
Aspartame
Acesulfame k
By End User:
Direct sales
Pharmaceuticals
Food and beverages
By Application:
Sweet spread
Beverages
Bakery goods
Confectionery and chewing gums
Dairy products
Others
By Region
North America
U.S
Canada
Mexico
Europ
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
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