Press release
Low Intensity Sweeteners Market Report 2024-2033: Market Size, Share, Growth Drivers And Key Trends | Ingredion Incorporated, Roquette Frères S.A., Tate & Lyle PLC, Food Chem International Corporation, DuPont de Nemours Inc
The Business Research Company presents an extensive market research report on the ""Low Intensity Sweeteners Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Low Intensity Sweeteners industry. This report on Low Intensity Sweeteners market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The low intensity sweeteners market size has grown strongly in recent years. It will grow from $2.02 billion in 2023 to $2.16 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increased health consciousness and demand for low-calorie alternatives, growth in diabetic population and need for sugar substitutes, regulatory support for reduced sugar and low-calorie products, consumer preference for natural and clean label sweeteners, rise in obesity rates and awareness of sugar-related health issues, expansion of the food and beverage industry. The low intensity sweeteners market size is expected to see strong growth in the next few years. It will grow to $2.79 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
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Key Market Players:
Ingredion Incorporated, Roquette Frères S.A., Tate & Lyle PLC, Food Chem International Corporation, DuPont de Nemours Inc are prominent players in the Low Intensity Sweeteners industry.
Market Drivers:
According to the Low Intensity Sweeteners Market Report 2024 by The Business Research Company, Growing consumer inclination towards low-calorie foods is expected to propel the growth of the low-intensity sweetener market. The rising consumer awareness of health and wellness in relation to healthier food and beverage products, as well as a preference for low-calorie foods and a healthy diet, is driving the growth of the market. For instance, according to an online survey conducted in 2021 by YouGov as part of the British Nutrition Foundation's Healthy Eating Week 2021, 33% of respondents stated that they have included more fruits and vegetables in their diets, 29% have started cooking healthier meals, and 32% have been drinking more water. Therefore, growing consumer inclination towards low-calorie and healthy foods is expected to propel the growth of the low-intensity sweetener market.
More information about the Global Low Intensity Sweeteners Market Report -
https://www.thebusinessresearchcompany.com/report/low-intensity-sweeteners-global-market-report
Market segments for Low Intensity Sweeteners include:
1)By Type: D-Tagatose, Sorbitol, Maltitol, Xylitol, Mannitol, Erythritol, Allulose
2)By Form: Dry, Liquid
3)By Application: Food, Beverages, Pharmaceutical And Personal Care Products
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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