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High-Intensity Artificial Sweeteners Market Analysis, Top Drivers, Key Players, Segmentation And Forecast To 2033
High-Intensity Artificial Sweeteners Market Report
As per the report, the high-intensity artificial sweeteners market size has grown steadily in recent years. It will grow from $2.96 billion in 2023 to $3.11 billion in 2024 at a compound annual growth rate (CAGR) of 5.19%. The high-intensity artificial sweeteners market size is expected to see steady growth in the next few years. It will grow to $3.81 billion in 2028 at a compound annual growth rate (CAGR) of 5.21%.
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The Rise In Obese Population Drives The High-Intensity Artificial Sweeteners Market
The rise in the obese population is expected to drive the high-intensity artificial sweeteners market going forward. The obese population refers to individuals with excessive body fat that presents a risk to their health, typically measured by a body mass index (BMI) of 30 or higher. The rise in the obese population is due to poor diet, lack of physical activity, genetic predisposition, and environmental influences. High-intensity artificial sweeteners are often considered beneficial for the obese population due to their ability to provide sweetness without adding significant calories to the diet. For instance, in March 2023, according to the World Heart Foundation, a Switzerland-based non-government organization, nearly 2.3 billion children and adults are currently living with overweight or obesity globally, and this number is expected to rise to 2.7 billion by 2025. Therefore, the rise in the obese population is driving the high-intensity artificial sweeteners market.
Advancements In Innovative Flavor In The High-Intensity Artificial Sweeteners Market
Major companies operating in the high-intensity artificial sweeteners market are focused on developing innovative technology, such as novel flavor technology, to improve and modulate sweet flavor, creating a sugar-like experience. Novel flavor technology refers to innovative methods and compounds used to develop, enhance, and modulate flavors in food and beverages, often leveraging unique proteins or advanced processing techniques to achieve desirable taste profiles and functional benefits. For instance, in April 2023, Sweegen Inc., a US-based food and beverage manufacturer, launched Sweetensify Flavors, a flavor tool for food and beverage producers to create better-for-everyone products. It utilizes sweet protein technology with brazzein and thaumatin II to provide a sugar-like taste experience, flavor modulation, and cross-application utility with sustainable production and cost-effectiveness. This innovation significantly reduces sugar in products, offering a competitive advantage in the high-intensity artificial sweeteners market by promoting healthier product innovation and global market expansion.
The high-intensity artificial sweeteners market covered in this report is segmented -
1) By Type: Saccharin, Acesulfame Potassium, Neotame, Aspartame, Sucralose, Advantame
2) By Form: Solid, Liquid
3) By Sales Channel: Direct Sales (B2B), Indirect Sales (B2C)
4) By Application: Snack Foods, Bakery Products, Sauces And Condiments, Candies And Confectionery, Dairy Products, Soft Drinks, Diet Soft Drinks
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Major companies operating in the high-intensity artificial sweeteners market are Cargill Incorporated, Mitsui Co. Ltd., Nestle S.A., Archer Daniels Midland Company, Wilmar International Limited, DuPont de Nemours Inc., Hermes Sweeteners Ltd., Südzucker AG, Ajinomoto Co. Inc., Celanese Corporation, Ingredion Inc., Roquette Freres SA, Tate & Lyle plc, Anhui Jinhe Industrial Co. Ltd., Heartland Food Products Group, PureCircle Natural Ingredient India Pvt. Ltd., Changmao Biochemical Engineering Co. Ltd., Cumberland Packing Corporation, Atlantic Chemicals Trading GmbH, Merisant Co., The NaturaSweet Company, Layn Natural Ingredients Corp., HYET Sweet S.A.S., Evolva Holding SA, JK Sucralose Inc., Dr. Otto Suwelack Nachf. GmbH & Co. KG
Contents of the report:
1. Executive Summary
2. High-Intensity Artificial Sweeteners Market Report Structure
3. High-Intensity Artificial Sweeteners Market Trends And Strategies
4. High-Intensity Artificial Sweeteners Market - Macro Economic Scenario
5. High-Intensity Artificial Sweeteners Market Size And Growth
…..
27. High-Intensity Artificial Sweeteners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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