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Soaring Demand Set to Propel Low Intensity Sweeteners Market to $2.93 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Low Intensity Sweeteners Market Through 2025?
The market for low-intensity sweeteners has seen significant growth in recent years, ballooning from $2.16 billion in 2024 to an expected $2.29 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 6.1%. Factors contributing to this growth in the historic period include a rise in health awareness and the desire for low-calorie substitutes, an increase in the diabetic population and the demand for sugar substitutes, regulatory encouragement for reduced sugar and low-calorie merchandise, consumer inclination towards natural and clean-label sweeteners, growth in obesity rates and knowledge of sugar-induced health risks, and the expansion of the food and beverage sector.
What's the Projected Size of the Global Low Intensity Sweeteners Market by 2029?
The market for low intensity sweeteners is predicted to experience significant growth in the foroming years, with the estimations suggesting an increase to $2.93 billion in 2029, exhibiting a compound annual growth rate of 6.4%. Factors influencing this predicted growth include an amplified demand for products with reduced sugar and low calories, changing wellness trends affecting sweetener choices, development of new markets, heightened urbanization, preference of consumers for plant-based sweeteners and innovative approaches for formulating low intensity sweeteners. The upcoming trends for the forecast period comprise a blend of low intensity sweeteners resulting in enhanced flavors, utilization of these sweeteners in beverages and dairy products, clean label and non-gmo claims for sweetener items, functional benefits of low intensity sweeteners, tailored sweetening solutions for diverse products, and reduced sugar in reformulated products.
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Top Growth Drivers in the Low Intensity Sweeteners Industry: What's Accelerating the Market?
The upward trajectory of the low-intensity sweetener market is anticipated to be guided by the growing trend of consumers preferring low-calorie food options. The mounting awareness of health and wellness in relation to healthier consumables, along with inclination towards low-calorie foods and balanced diet, serve as catalysts for the growth of this market. A study by Food Navigator Europe, a France-based news agency, showed that in January 2024, about 33% of adults in the UK and Ireland consume at least five portions of fruits and veggies on a daily basis. This is higher than the Netherlands' 30%, France's 20%, Germany's 11%, and a mere 2% in Romania. Thus, the expanding consumer tendency for healthy, low-calorie food choices is likely to fuel the expansion of the low-intensity sweetener market.
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What Trends Will Shape the Low Intensity Sweeteners Market Through 2029 and Beyond?
The trend of introducing new products is becoming increasingly popular among low-intensity sweetener market companies. These players are creating new offerings to meet customer needs for more predictive instruments that can minimize development time and enhance product efficiency. As an illustration, Cargill, an American food corporation, launched the Ever Sweet + ClearFlo Stevia Platform in March 2022, which combines its premier stevia sweetener, EverSweet, and its ClearFlo technology. This blend of EverSweet and ClearFlo provides benefits such as flavor alteration, improved solubility, stability in formulation, and quicker dissolution.
What Are the Main Segments in the Low Intensity Sweeteners Market?
The low intensity sweetenersmarket 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
Subsegments:
1) By D-Tagatose: Applications In Dairy Products, Confectionery
2) By Sorbitol: Food And Beverages, Pharmaceuticals, Personal Care Products
3) By Maltitol: Sugar-Free Confectionery, Baked Goods, Ice Cream
4) By Xylitol: Oral Care Products, Sugar-Free Gum, Baked Goods
5) By Mannitol: Pharmaceuticals, Food Products, Nutraceuticals
6) By Erythritol: Beverages, Baked Goods, Confectionery
7) By Allulose: Beverage Applications, Bakery Products, Sauces And Dressings
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Which Top Companies are Driving Growth in the Low Intensity Sweeteners Market?
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.
Which Regions Will Dominate the Low Intensity Sweeteners Market Through 2029?
North America will be the largest region in the low-intensity sweeteners market share in 2024. 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.
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