Press release
Novel Sweeteners Market : US Poised to Achieve Continuing Growth| grow at a CAGR of 5.2%
With consumers becoming more health conscious, food manufacturing businesses have begun to provide sugar-free and low-calorie alternatives. Researchers are attempting to determine the advantages of synthetic sugar. Due to growing health concerns, low-calorie sweeteners are being taken more frequently. Sweeteners are extracted using a common technology that has been patented by businesses all over the world.
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High-intensity sweeteners are frequently used since they are sweeter than sugar and have almost no or no calories. High-intensity sweeteners are frequently used in foods and beverages that are marketed as "diet" or "sugar-free."
The Food and Drug Administration (FDA) has certified a number of high-intensity sweeteners as safe for consumption under specific circumstances based on scientific data. Along with a focus on cost reduction and process standardisation, major market players are also spending more and more in calorie-free sweeteners.
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the market for innovative sweeteners Stevia extract is anticipated to be one of the top-selling goods when compared to other innovative sweetener products. Stevia extract is anticipated to generate more than US$ 768.9 million in revenue by the end of 2026. Stevia is regarded as "no calorie," meaning that it has fewer than five grammes of carbohydrate per serving. In addition, it lowers blood pressure, allergies, and the risk of pancreatic cancer. Purified steviol glycosides have also been approved by the FDA as generally regarded as safe (GRAS) for human consumption. Stevia extract, which can be found in liquid or powder form, is also widely consumed by consumers.
Companies
Algatechnologies
Allied Biotech
AquaCarotene
BASF
Hansen
Cyanotech Corporation
DDW The Color House
Doehler Group
EID Parry
ExcelVite
Farbest Brands
FMC Corporation
Guangzhou Leader Bio-Technology
Kemin Industries
Royal DSM N.V.
Others
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APEJ to Dominate the Global Novel Sweeteners Market
Asia Pacific Excluding Japan (APEJ) is likely to remain dominant in the global market for novel sweeteners during the forecast period. Geographical expansion and increasing investments by key players is driving the market growth in APEJ. Increasing awareness about sugar consumption is also fueling the growth in India and China. Manufacturers are also focusing on developing new products using novel sweeteners to meet the increasing demand for low calorie food.
Global Novel Sweeteners Market- Segmentation
Region
North America
Latin America
Europe
Japan
APEJ
MEA
Product Types
Stevia extracts
Tagatose
End User
Food and Beverages
Pharmaceuticals
Other End Users
Application
Bakery Goods
Sweet Spreads
Confectionery and Chewing Gums
Beverages
Dairy Products
Others
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