Global Artificial Sweetener Market: Latest Trends and Insights
According to a new report published by Reports Monitor titled, “Global Artificial Sweetener Market, Growth Opportunities, Innovations and Forecast, 2016-2025,” the artificial sweetener market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Artificial sweetener is a sugar substitute that provides sweet taste like that of sugar which is produced synthetically. It is widely used as a sugar alternative in food & beverages industry. It is mostly used due to its low cost and longer shelf-life and high sweetening intensity.
The rising health concerns, regarding the harmful effects of table sugar have driven people to opt for healthy alternatives like artificial sweeteners. The soft drink industry is the highest consumer of artificial sweeteners, therefore as there is a rise in global soft drink industry there is rise in artificial sweetener market which is driving the market. The rising need for the diet beverages and low-sugar food for the diet-conscious consumers are also driving the market. The growing need for weight management among the consumers is driving the global artificial market. However, the adverse effect of the long-term usage can hinder the body’s capacity to regulate blood sugar, which restricts the market growth for additional sweeteners. In addition, high disposable income and change in consumption pattern is expected to positively reflect towards demand for artificial sweeteners in coming years.
This report provides a detailed analysis of artificial sweetener market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The segmentation of global artificial sweetener is based on type, application and distribution channels. On the basis of type the global artificial sweetener market can segmented into monosodium glutamate, acesulfame-k, aspartame, saccharin and sodium benzoate. On the basis of application the global artificial sweetener market can segmented into dairy products, bakery items, beverages, confectionery and others. On the basis of distribution channels the global artificial sweetener market can segmented into departmental stores, convenience stores, supermarkets & hypermarkets and others.
Based on the geographical regions covered, the global artificial sweetener market is analysed across North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). Asia-Pacific and Middle-East is expected to drive the market growth in coming years due to the rise in investment in food products.
The key players for artificial sweetener market includes Nestlé S.A., MacAndrews & Forbes Incorporated, DuPont, Cargill, Tate & Lyle PLC, Niutang Chemical Ltd., Symrise AG, Ajinomoto Co., Archer Daniels Midland Company, Ingredion Incorporated, Wilmar International Limited, Associated British Foods PLC, American Sugar Refining, Inc., and Roquette Frères.
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