Alternative Sweeteners Market 2023 Size, Share, Industry, Forecast to 2030
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Detailed Segmentation are:
by (High Fructose Syrup, High-Intensity Sweetener, and Low-Intensity Sweetener) and Application (Food, Beverage, and Others)
Alternative Sweeteners Market 2023 Overview:
Alternative sweeteners are sugar substitutes that i8mpart sweetness but has a lower calorie content than sugar. These sweeteners have a low glycemic index that keeps the insulin levels unaffected after their consumption, and thus, are used as food additives. Variants of alternative sweeteners are being produced from different natural as well as artificial sources and they are widely used in various applications such as food in dairy products, bakery foods, beverages & others. People suffering from diabetes and obesity prefer these low-calorie sweeteners as it has a lesser sweetness quotient than sugar. Rise in demand for healthy, and low-calorie food & beverage is expected to boost the growth of the global alternative sweeteners market within the forecast period
The demand for alternate sweeteners is not only due to its desired sweetness and price but also for its taste, nutrition, bulkiness, preservative qualities, heat resistance, and blending abilities. In addition, rise in health concerns and increase in the number of people suffering from diabetes and obesity boost the market growth. Furthermore, rise in demand for low-calorie sweetener and growth in the number of obese population majorly in the developing economies propel the market growth.
Alternative sweeteners are available in numerous forms such as high fructose syrup, high-intensity sweeteners, and low-intensity sweeteners, to cater to the different needs of consumer. They help in weight management, play a great role in preventing tooth decay, and are known to enhance the shelf life of products. Owing to large number of health benefits associated with their consumption, alternative sweeteners are widely used in food & beverage products, bakery & confectionery, and can also be used as nutritional supplements, thereby propelling their demand.
However, there is a great debate between FDA and scientists about its side effects such as headaches, dizziness, rashes, bloating, nausea, and other problems are caused due to the consumption of alternate sweeteners. Increase in ambiguity about health-related issues is expected to refrain the consumption of alternate sweeteners by consumers during the forecast period.
Moreover, health-conscious consumers are seeking beverages and foods made with natural ingredients, such as sweeteners called stevia extract. This has increasingly become a challenge for major food manufacturers to find sweeteners that meet consumer expectations in accordance to taste as well as cost and performance parameters. The key players have largely invested in R&D activities to develop advanced products to cater to the demand from end users. This fact is expected to hamper the growth of the alternative sweeteners market.
The global alternate sweeteners market is segmented based on product type, application, and region. Based on product type, it is classified into high fructose syrup, high intensity sweetener and low intensity sweetener. Based on application, it is categorized into food, beverage, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players in the alternate sweeteners market include 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, and Associated British Foods Plc.
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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Alternative Sweeteners Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.
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Strategic Points Covered in Table of Content of Global Alternative Sweeteners Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Alternative Sweeteners market
Chapter 2: Exclusive Summary - the basic information of the Alternative Sweeteners Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Alternative Sweeteners
Chapter 4: Presenting the Alternative Sweeteners Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Alternative Sweeteners market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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