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Sucralose Market 2023: By Type, Drivers, Industry Analysis, Segments, Top Companies And Forecast To 2032
Sucralose Market
Sucralose Market Size, Growth Rate, And Forecast
The global sucralose market size grew from $3.46 billion in 2022 to $3.74 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The sucralose market size is expected to grow to $5.21 billion in 2027 at a CAGR of 8.6%.
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Sucralose Market Drivers
An increase in demand from health-conscious people is expected to drive the growth of the sucralose market. People are nowadays more concerned about their health so, they opt for health-conscious diet plans and consume health-related products and services. People who are not more concerned about health are at higher health risk. The increase in individuals suffering from obesity, heart diseases, and diabetes will force people to lead a healthy lifestyles.
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Sucralose Market Segments
1) By Type: Industrial Grade, Feed Grade, Pharmaceutical Grade, Food Grade
2) By Form: Granular, Powder, Liquid
3) By Application: Beverage, Bakery, Confectionary, Dairy Products, Frozen Foods, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Sucralose Market.
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Sucralose Market Key Players
Major competitors in the Sucralose Market include Tate and Lyle, JK Sucralose Inc., Nantong Changhai Food Additive Co. Ltd., Ingredion Incorporated, Newtrend Group, BioPlus Life Sciences, Techno Food Ingredients Co. Ltd., Niutang, Techno Food Ingredients Co. Ltd., Guangdong Food Industry Institute, Changzhou Hanbang, Xiamen Boao Technology, Vitasweet Co. ltd., LandP Food Ingredient Co. Ltd., Unitech Sweet (Zibo) Ltd., ECPlaza Network Inc., Eastern Food Chem Co. Ltd., Galam Ltd., Evolva Holding, SaIngredion Inc., Nutrasweet.co., Beckmann-Kenko GmbH, Garuda International Inc., HYET Sweet., Jiangxi Bentian Food Technology Co. Ltd., Hubei Yitai Pharmaceutical Co. Ltd., and Heartland Food Products Group
The Business Research Company's "Global Sucralose Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Sucralose Market Include:
1. Executive Summary
2. Sucralose Market Characteristics
3. Sucralose Market Trends And Strategies
4. Sucralose - Macro Economic Scenario
5. Sucralose Market Size And Growth
......
26. Africa Sucralose Market
27. Sucralose Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sucralose Market
29. Sucralose Market Future Outlook and Potential Analysis
30. Appendix
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