The low intensity sweeteners global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Low Intensity Sweeteners Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The low intensity sweeteners market size has grown strongly in recent years. It will grow from $2.02 billion in 2023 to $2.16 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increased health consciousness and demand for low-calorie alternatives, growth in diabetic population and need for sugar substitutes, regulatory support for reduced sugar and low-calorie products, consumer preference for natural and clean label sweeteners, rise in obesity rates and awareness of sugar-related health issues, expansion of the food and beverage industry.
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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Scope Of Low Intensity Sweeteners Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Low Intensity Sweeteners Market Overview
Market Drivers –
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.
Market Trends –
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 . .
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
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Regional Insights –
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.
Key Companies –
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.
Table of Contents
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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