Global Sugar Substitutes Market 2018, Comprehensive Analysis, Industry Survey, Growth and Major Policies Report

Infinium Global Research has added a new report on Global Sugar Substitutes Market. The report covers the analysis of global as well as regional markets of Sugar Substitutes. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run. According to report the global sugar substitutes market is projected to grow at a CAGR of 4.0% over the forecast period of 2018-2024.

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 What is the Market Size of the Global Sugar Substitutes Market?

The sugar substitutes are the artificial that are generally used in the processed food and drinks, as they are sweeter than sugar and contains low (or no) calories. Sugar substitutes are the chemical or plant-based food additives used to provide sweet taste or enhance the flavors of food and drinks. Sugar substitutes are regulated as food additives by the U.S. Food and Drug Administration (FDA) so that it can used as an additive in various food and drinks. 

What are the Major Drivers, Restraints, Opportunities, Challenges, and Industry Trends and their Impact on the Sugar Substitutes Market Forecasts?

The use of sugar substitutes or the artificial sweeteners in the bakery, dairy, cafeteria & frozen food is rising rapidly owing to its low calorie content. The growing awareness about the low-calorie food & beverages and healthy lifestyle leading to consumer's inclination towards the sugar substitutes drives the growth of sugar substitutes market. In addition, growing prevalence of obesity and diabetes problems across the world are expected to create the demand for sugar substitutes. 

In addition, favorable government’s regulation on the use of sugar substitutes is likely to boost the growth of sugar substitutes market. Moreover, the various manufacturers in the food and beverages industries, with the help of new advance technologies are focusing on developing sugar substitute that that helps in making safe and good quality consumable products, which in turn is projected to create the new opportunities in the market.

Which Region is a Market Leader in the Global Sugar Substitutes Market and what are the Key Reasons?

Geographically, North America accounts for the largest share in the sugar substitutes market as they are highest consumers of sugar substitutes. In North America, the sugar substitutes are used in various industrial and non-industrial applications. Asia-pacific is expected to grow at the highest CAGR in the sugar substitutes market due to the relatively high demand of sugar substitutes in this region on account of rising health problems associated with the consumption of high-calorie food and beverages.

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What are the Market Segments of Global Sugar Substitutes Industry?

The report on global sugar substitutes market covers segments such as, product type and applications.  On the basis of product type the global sugar substitutes market is categorized into low intensity sweeteners, high intensity sweeteners and high fructose syrup. On the basis of applications the global sugar substitutes market is categorized into bakery and confectionery, diary, non- alcoholic beverages, alcoholic beverages and others.

Which Companies are the Key Players in the Sugar Substitutes Industry?

The report provides profiles of the companies in the global sugar substitutes market such as, Cargill Inc., ADM, Tate & Lyle, Ingredion, Dohler, E.I. DuPont De Nemours and Company, JK Sucralose Inc., Roquette Frères, Ajinomoto and Merisant.

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