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Alternative Sweeteners Market Will Grow at 3.4% CAGR to Hit $5,426.3 Million by 2025

07-12-2019 08:16 AM CET | Health & Medicine

Press release from: Allied Market Research

Alternative Sweeteners Market

Alternative Sweeteners Market

The global alternative sweeteners market was valued at $4,128.9 million in 2017, and is projected to reach $5,426.3 million by 2025, growing at a CAGR of 3.4% from 2018 to 2025. Alternative sweeteners are widely used as an alternative to sugar to enhance and sweeten various foods & beverages. Moreover, these are used in reduced concentration, as their level of sweetness is high as compared to regular sugar. The sweeteners are used as replacements to sucrose (sugar) due to the overall taste and low-calorie content.

Alternative sweeteners are widely used as an alternative to sugar to enhance and sweeten various food & beverages. Moreover, these are several times sweeter than regular sugar; and hence, are required in lower concentration for sweetening the products. These are used as replacements to sucrose (sugar) due to their overall sweeter taste and low calorie content.

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Alternative sweeteners are considered as low-calorie sweeteners constituting low calories or zero calories. They are available in a variety of forms such as high fructose syrup, high-intensity sweeteners, and low-intensity sweeteners to cater to the different needs of the consumer. They are widely used in food & beverage products, bakery, and confectionary, and can also be used in nutritional supplements to replace sugar and lower the calories and carbohydrates. This fuels the demand for the product in the market. Growth in demand for low calorie sweeteners by food & beverage industries is expected to propel the requirement of alternative sweeteners across the globe during the forecast period.

Key Findings of the Alternative Sweeteners Market :
• The high intensity sweetener segment was the highest contributor to the alternative sweeteners market in 2017 and is projected to grow at a CAGR of 2.3%.
• There is a continuous increase in the demand for low intensity sweetener in the developed regions such as North America and Europe and is projected to grow at a CAGR of 5.0% during the forecast period.
• Asia-Pacific is projected to exhibit rapid growth in the alternative sweeteners industry, owing to its economic development with a large population base, and is projected to grow at the CAGR of 4.2% from 2018 to 2025.
• India accounted for the highest share with 40% in the Asia-Pacific alternative sweeteners market in 2017.
• The food segment accounted for 48% of global alternative sweeteners market share in 2017 and is expected to grow at a CAGR of 3.6%.

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Alternative Sweeteners Key Market Segments

By Product Type
• High Fructose Syrup
• High-Intensity Sweetener
• Low-Intensity Sweetener

By Application
• Food
• Beverage
• Others

By Region
• North America
• Europe
• Asia-Pacific

Key Players

• Ajinomoto Co.Inc.
• Archer-Daniels-Midland-Company
• Cargill Incorporated
• DuPont Nutrition & Health
• GLG Life Tech Corporation
• Ingredion Incorporated
• Naturex S.A.
• Tate & Lyle Plc.
• PureCircle Limited
• Associated British Foods Plc.

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About Us
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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