Sugar Substitutes Market Growth Analysis Report 2022-2027

Sugar Substitutes Market Overview:

As per the latest report by IMARC Group, titled “Sugar Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global sugar substitutes market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global sugar substitutes market size reached US$ 16.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.57% during 2022-2027.

Sugar substitutes, or artificial sweeteners, refer to food additives used to replace table sugar (sucrose) to sweeten and enhance the flavor of edibles. They contain low to zero calories and aid in weight loss, maintaining dental health and regulating blood sugar levels. As a result, sugar substitutes are widely used to prepare foods and beverages, such as candies, baked goods, canned foods, puddings, soft drinks and dairy products.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Sugar Substitutes Market Trends:

The global sugar substitutes market is primarily driven by the widespread prevalence of chronic diseases like obesity and diabetes due to sedentary lifestyles and consumption of sugar-loaded products. Additionally, the growing awareness regarding the negative health effects of sugar intake and shifting consumer preferences toward low-calorie foods have accelerated product adoption rates across the globe.

Furthermore, the escalating demand for sugar-free items and increasing usage of sugar substitutes in the food and beverage (F&B) industry have bolstered the market growth. Other factors, including the introduction of low-calorie product variants, increasing health consciousness and rapid urbanization, are also anticipated to catalyze the market growth.

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Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Tate & Lyle PLC
  • Cargill
  • Incorporated
  • PureCircle Limited
  • Roquette Frères S.A.
  • I. du Pont de Nemours and Company
  • Archer Daniels Midland Company
  • Ajinomoto Co. Inc.
  • Ingredion Incorporated
  • Flavors Holdings Inc.
  • Jk Sucralose Inc.

Key Market Segmentation Breakup by:

Product Type:

  • High-Intensity Sweeteners
  • Low-Intensity Sweeteners
  • High-Fructose Syrup

Application:

  • Foods
  • Beverages
  • Health and Personal Care

Origin:

  • Artificial
  • Natural

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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Key highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Also Read: Subscription Box Market Research Report 2022-2027: https://techycons.com/subscription-box-market-industry-analysis-report-2022-2027/

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