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Low Intensity Sweeteners Global Market Report 2024 by The Business Research Company | Ingredion Incorporated, Roquette Frères S.A., Tate & Lyle plc, Food Chem International Corporation, DuPont de Nemours Inc., Gulshan Polyols Limited, Mitsui Sugar Co. Lt
Low Intensity Sweeteners Market Trends And Strategies
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%. The growth in the forecast period can be attributed to rising demand for low-calorie and reduced sugar products, health and wellness trends impacting sweetener choices, emerging markets and increased urbanization, consumer preference for plant-based sweeteners, innovation in low intensity sweetener formulations. Major trends in the forecast period include blends of low intensity sweeteners for enhanced taste, application of low intensity sweeteners in beverages and dairy, clean label and non-gmo claims for sweetener products, functional attributes of low intensity sweeteners, customized sweetening solutions for different products, reduction of sugar content in reformulated products.
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Low Intensity Sweeteners Market Major Segments
The low intensity sweeteners market covered in this report is segmented -
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
Key Driver - Health-Conscious Consumers Drive Growth In The Low-Intensity Sweetener Market
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.
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Prominent Trend - Sweet Innovations With New Product Launches Transforming The Low-Intensity Sweeteners Market
New product launches are a key trend gaining popularity among the companies in the low-intensity sweeteners market. Players in the market are developing new products to fulfil customer demand for more predictive tools to reduce development time and support product performance. For example, in March 2022, Cargill, a US-based food corporation, has launched Ever Sweet + ClearFlo Stevia Platform, which is a combination of its leading stevia sweetener, EverSweet, and its technology ClearFlo as a platform. The combination of EverSweet and ClearFlo can offer flavor modification, improved solubility, stability in formulations, and faster dissolution . .
Low Intensity Sweeteners Market Players
Major companies operating in the low intensity sweeteners market include Ingredion Incorporated, Roquette Frères S.A., Tate & Lyle plc, Food Chem International Corporation, DuPont de Nemours Inc., Gulshan Polyols Limited, Mitsui Sugar Co. Ltd., Archer Daniels Midland Company, Whole Earth Brands Inc., Van Wankum Ingredients B.V., Hylen Co. Ltd., Fooding Group Limited, Apura Ingredients, Shandong Saigo Group Corporation, Bonumose Inc., Nova Green Inc., ZuChem Inc., PureCircle Limited, HYET Sweet, SweetLeaf Stevia Sweetener, myris GmbH, NutraSweet Company, DSM Nutritional Products AG, GLG LIFE TECH CORPORATION, Südzucker AG, Wisdom Natural Brands, Icon Foods, Gadot Biochemical Industries Ltd.
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Largest And Fastest Growing Region In The Market
North America will be the largest region in the low-intensity sweeteners market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the low intensity sweeteners market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Low Intensity Sweeteners Market Report Structure
3. Low Intensity Sweeteners Market Trends And Strategies
4. Low Intensity Sweeteners Market - Macro Economic Scenario
5. Low Intensity Sweeteners Market Size And Growth
…..
27. Low Intensity Sweeteners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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