Sugar substitutes market to witness growth based on increasing demand in health and personal care products till 2024 “The global sugar substitutes market is expected to reach USD 19.10 billion by 2024. Rising health conscious population coupled with increasing disposable income and growing consumption of low calorie and healthier food & beverages are the key driving forces propelling market growth” The global sugar substitutes market is expected to reach USD 19.10 billion by 2024, according to a new report by Grand View Research, Inc. Rising health conscious population coupled with increasing disposable income and growing consumption of low calorie and healthier food & beverages are the key driving forces propelling market growth. The market is witnessing increasing incorporation of sugar substitutes into the health & personal care products which is expected to drive demandover the forecast period. Rising prevalence of health problems including obesity and diabetes along with fluctuating sugar prices hampering supply is anticipated to fuel sugar substitutes market growth. Follow Us: Detailed Research Report available at: http://www.grandviewresearch.com/industry-analysis/sugar-substitutes-market Sugar substitutes are majorly used in the form of sorbitol, tagatose, and aspartame saccharine in health care, cosmetics, and food & beverage industry. Gaining importance of artificial sweeteners in the formulation of confectioneries, bakery, dairy, and frozen foods would have a strong impact on market growth over the next eight years. Beverage manufacturers such as Coca-Cola Company have pursued their efforts on developing calorie-free substitutes, filed for patents to the FDA in relation withaherb called stevia, which is used to impart sweetening characteristics to food and drinks. These developments are expected to facilitate other market players to incorporate these activities into their R&D portfolio and would open new market avenues over the forecast period. Further key findings from the report suggest: Beverages segment accounted for over 40% of global volume in 2015. This segment is expected to grow on account of growing demand for high-intensity sweeteners in alcoholic beverages, especially from developed economies such as North America and Europe. Additionally, sugar substitutes are gaining popularity as an additive in carbonated soft drinks for taste enhancement and calorie reduction. Low-intensity sweeteners segment is expected to grow at a CAGR of over 5.0% from 2016 to 2024. Low-intensity sweeteners are an ideal substitute for sugar due to its superior functional properties. Growing demand from food & beverage industry will positively impact the growth of this segment in the near future. Follow Us: Among applications, beverages segment dominated the global sugar substitutes market. However, food segment is anticipated to witness highest CAGR from 2016 to 2024. This is attributed to growing awareness among health conscious population and shifting consumer preferences to low-caloric food products. North America market is expected to grow at a CAGR of 2.8% from 2016 to 2024. North America and Europe is expected to continue its dominance jointly in sugar substitutes market through continuing to invest in research and development activities and natural alternatives potential. Demand forsugar substitutes in Europe was valued at over USD 2 billion in 2015. Germany is one of the major countries accounting for over 50% of European sugar substitutes market. Germany is Europe's leading location for food & beverage industry and second biggest in terms of medical technology production and medical services provider across the globe. Leading market players including DuPont, Cargill, ADM, and Tate & Lyle are channelizing their efforts into the development of new products through significant R&D investments, utilizing advanced technologies to manufacture superior quality and cost-effective products. The key companies are also striving to raise awareness among consumers regarding the ambiguity with the sugar substitutes consumption, while strictly adhering to the international quality standards. Read our blog on food and beverages industry: http://www.grandviewresearch.com/blogs/food-and-beverages Table of content of global sugar substitutes market research report: Chapter 1. Methodology and Scope Follow Us: 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Sugar Substitutes Market- Industry Summary and Key Buying Criteria, 2013 - 2024 Chapter 3. Sugar SubstitutesIndustry Outlook 3.1. Sugar substitutes market segmentation 3.2. Sugar Substitutes Market size and growth prospects, 2013 - 2024 3.3. Sugar Substitutes Market - Value chain analysis 3.3.1. Vendor landscape 3.4. Raw material outlook 3.5. Technology overview 3.6. Regulatory framework 3.7. Sugar Substitutes Market dynamics 3.7.1. Market driver analysis 3.7.2. Market restraint analysis Follow Us: 3.8. Key market opportunities - Prioritized 3.9. Industry analysis - Porter's 3.10. Sugar substitutes competitive scenario, 2015 3.11. Sugar substitutes market PESTEL analysis, 2015 Chapter 4. Sugar Substitutes Product Outlook 4.1. Global sugar substitutes market share by product, 2015 & 2024 4.2. High intensity sweeteners 4.2.1. Market estimates and forecast, 2013 - 2024 4.2.2. Market estimates and forecast, by region, 2013 - 2024 4.3. Low intensity sweeteners 4.3.1. Market estimates and forecast, 2013 - 2024 4.3.2. Market estimates and forecast, by region, 2013 - 2024 4.4. High fructose syrup 4.4.1. Market estimates and forecast, 2013 - 2024 4.4.2. Market estimates and forecast, by region, 2013 - 2024 Chapter 5. Sugar Substitutes Application Outlook 5.1. Global sugar substitutes market share by application, 2015 & 2024 Follow Us: 5.2. Food & Beverages 5.2.1. Market estimates and forecast, 2013 - 2024 5.2.2. Market estimates and forecast, by region, 2013 - 2024 5.2.3. Bakery & Confectionery 5.2.3.1. Market estimates and forecast, 2013 - 2024 5.2.3.2. Market estimates and forecast, by region, 2013 - 2024 5.2.4. Dairy 5.2.4.1. Market estimates and forecast, 2013 - 2024 5.2.4.2. Market estimates and forecast, by region, 2013 - 2024 5.2.5. Beverages 5.2.5.1. Market estimates and forecast, 2013 - 2024 5.2.5.2. Market estimates and forecast, by region, 2013 - 2024 5.2.6. Others 5.2.6.1. Market estimates and forecast, 2013 - 2024 5.2.6.2. Market estimates and forecast, by region, 2013 - 2024 5.3. Healthcare 5.3.1. Market estimates and forecast, 2013 - 2024 Follow Us: 5.3.2. Market estimates and forecast, by region, 2013 - 2024 5.4. Others 5.4.1. Market estimates and forecast, 2013 - 2024 5.4.2. Market estimates and forecast, by region, 2013 - 2024 Chapter 6. Sugar Substitutes Regional Outlook 6.1. Global sugar Substitutes Market shareby region, 2015 & 2024 6.2. North America 6.2.1. Market estimates and forecast, 2013 - 2024 6.2.2. Market estimates and forecast, by product, 2013 - 2024 6.2.3. Market estimates and forecast, by application, 2013 - 2024 6.2.4. U.S. 6.2.4.1. Market estimates and forecast, 2013 - 2024 6.2.4.2. Market estimates and forecast, by product, 2013 - 2024 6.2.4.3. Market estimates and forecast, by application, 2013 - 2024 6.3. Europe 6.3.1. Market estimates and forecast, 2013 - 2024 6.3.2. Market estimates and forecast, by product, 2013 - 2024 Follow Us: 6.3.3. Market estimates and forecast, by application, 2013 - 2024 6.3.4. Germany 6.3.4.1. Market estimates and forecast, 2013 - 2024 6.3.4.2. Market estimates and forecast, by product, 2013 - 2024 6.3.4.3. Market estimates and forecast, by application, 2013 - 2024 6.4. Asia Pacific 6.4.1.1. Market estimates and forecast, 2013 - 2024 6.4.1.2. Market estimates and forecast, by application, 2013 - 2024 6.4.1.3. Market estimates and forecast, by application, 2013 - 2024 6.4.2. China 6.4.2.1. Market estimates and forecast, 2013 - 2024 6.4.2.2. Market estimates and forecast, by product, 2013 - 2024 6.4.2.3. Market estimates and forecast, by application, 2013 - 2024 6.4.3. Japan 6.4.3.1. Market estimates and forecast, 2013 - 2024 6.4.3.2. Market estimates and forecast, by product, 2013 - 2024 6.4.3.3. Market estimates and forecast, by application, 2013 - 2024 Follow Us: 6.5. Latin America 6.5.1. Market estimates and forecast, 2013 - 2024 6.5.2. Market estimates and forecast, by product, 2013 - 2024 6.5.3. Market estimates and forecast, by application, 2013 - 2024 6.5.4. Brazil 6.5.4.1. Market estimates and forecast, 2013 - 2024 6.5.4.2. Market estimates and forecast, by product, 2013 - 2024 6.5.4.3. Market estimates and forecast, by application, 2013 - 2024 6.6. MEA 6.6.1. Market estimates and forecast, 2013 - 2024 6.6.2. Market estimates and forecast, by product, 2013 - 2024 6.6.3. Market estimates and forecast, by application, 2013 - 2024 Chapter 7. Competitive Landscape 7.1. Tate & Lyle 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking Follow Us: 7.1.4. Strategic Initiatives 7.2. Cargill, Incorporated 7.2.1. Company Overview 7.2.2. Financial Performance 7.2.3. Product Benchmarking 7.2.4. Strategic Initiatives 7.3. Archer Daniels Midland Company 7.3.1. Company Overview 7.3.2. Financial Performance 7.3.3. Product Benchmarking 7.3.4. Strategic Initiatives 7.4. Ingredion Incorporated 7.4.1. Company Overview 7.4.2. Financial Performance 7.4.3. Product Benchmarking 7.4.4. Strategic Initiatives 7.5. Roquette Follow Us: 7.5.1. Company Overview 7.5.2. Financial Performance 7.5.3. Product Benchmarking 7.5.4. Strategic Initiatives 7.6. Ajinomoto Co., Inc. 7.6.1. Company Overview 7.6.2. Financial Performance 7.6.3. Product Benchmarking 7.6.4. Strategic Initiatives 7.7. JK Sucralose Inc. 7.7.1. Company Overview 7.7.2. Financial Performance 7.7.3. Product Benchmarking 7.7.4. Strategic Initiatives 7.8. PureCircle Limited 7.8.1. Company Overview 7.8.2. Financial Performance Follow Us: 7.8.3. Product Benchmarking 7.8.4. Strategic Initiatives 7.9. The NutraSweet Company 7.9.1. Company Overview 7.9.2. Financial Performance 7.9.3. Product Benchmarking 7.9.4. Strategic Initiatives 7.10. E. I. DuPont De Nemours and Company 7.10.1. Company Overview 7.10.2. Financial Performance 7.10.3. Product Benchmarking 7.10.4. Strategic Initiatives Follow Us: About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: [email protected] Web – http://www.grandviewresearch.com/ Follow Us:
The global sugar substitutes market is expected to reach USD 19.10 billion by 2024, according to a new report by Grand View Research, Inc. Rising health conscious population coupled with increasing disposable income and growing consumption of low calorie and healthier food & beverages are the key driving forces propelling market growth. Click here - http://www.grandviewresearch.com/industry-analysis/sugar-substitutes-market
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