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Novel Sweeteners Market to Exhibit a US$ 1.0 Bn by 2031
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The need for new sweeteners is being pushed by rising health issues including obesity, diabetes, and tooth decay that are linked to the intake of regular sugar. In the coming years, rising consumer desire for healthier food and drink options is predicted to fuel a large growth in the global market for innovative sweeteners. Artificial sweeteners, natural sweeteners, and sugar alcohols are among the product types that make up the market segments. Chemical techniques are used to create calorie-free artificial sweeteners including aspartame, saccharin, and sucralose.
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Companies like Tate & Lyle PLC, Cargill Incorporated, Ingredion Incorporated, Roquette Frères, and PureCircle Limited are some of the prominent competitors in the global market for innovative sweeteners. These businesses compete on the basis of product attributes including value and distribution methods. Consumer preferences, governmental restrictions, and developments in technology for the production and formulation of innovative sweeteners are other elements that have an impact on the industry. Novel sweeteners are becoming more and more popular, yet considerable worry has been expressed about their safety and possible health effects. As a result, regulatory agencies like the European Food Safety Authority (EFSA) and the US Food and Drug Administration (FDA) constantly monitor the use of new sweeteners in food and beverage products.
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Novel Sweeteners Market Industry Research by Category
Novel Sweeteners Market By Product Type: Stevia Extracts, Tagatose, Trehalose
Novel Sweeteners Market By End Use : Food & Beverages, Pharmaceuticals, Direct Sales, Baby Snacks, Others
Novel Sweeteners Market By Application: Bakery Goods, Sweet Spreads, Confectionary and Chewing Gums, Beverages, Dairy Products, Others
Novel Sweeteners Market By Region: North America, Latin America, Europe, South Asia & Pacific, East Asia, Middle East & Africa
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About Food & Beverage Division at Persistence Market Research
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
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