Market Size – USD 15.80 billion in 2019, Market Growth – CAGR of 4.8%, Market Trends –Growing number of diabetic and obese population
The latest research report on the Sugar Substitutes market for the forecast period, 2020 – 2027 is involved in screening the business environment and the companies operating in the Sugar Substitutes industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of the total revenue generated as well as the output/volume produced year after year. Other aspects including but not limited to the market drivers, key opportunities and probable restraints are thoroughly assessed during the study.
The report is refurbished with the impact of the recent COVID-19 pandemic on the global Sugar Substitutes market. The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the market. The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the market post-COVID-19 crisis.
Major market players profiled and studied in this report include Cargill, Incorporated, Tate & Lyle PLC, Archer Daniels Midland Company, PureCircle Limited, Ingredion Incorporated, Ajinomoto Co., Inc., E.I. Dupont De Nemours and Company, Roquette, JK Sucralose Inc., and The Nutra Sweet Company, among others.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/sugar-substitutes-market
The Sugar Substitutes market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research. The assessment of the wining strategies followed by these companies can help business owners not only strategize but also execute business operations by referring the statistics about competitor analysis. Careful assessment of the industry analysis across different regions along with vital information on the market size, share and growth rate makes this report a wonderful resource for business evangelists.
Origin Outlook (Revenue, USD Billion; 2017-2027)
- Artificial/Synthetic
- Natural
Type Outlook (Revenue, USD Billion; 2017-2027)
- High-fructose syrups
- Low-intensity sweeteners
- High-intensity sweeteners
Composition Outlook (Revenue, USD Billion; 2017-2027)
- Sugar Alcohols
- Stevia
- Saccharine
- Sucralose
- Cyclamate
- Aspartame
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Beverage
- Food
- Pharmaceuticals
- Personal care
Main Objectives of the Sugar Substitutes Market Report:
- To screen and identify opportunities and limitations for the Sugar Substitutes market on a global level
- To provide information about factors driving or restraining the market growth
- Analysis of the competitive players of the market along with the company overview, product portfolios, and revenue estimation
- To provide insight into the Sugar Substitutes market size and future prospects based on regional bifurcation
- To provide a detailed analysis of the market segments and sub-segments of the global Sugar Substitutes market
The report further offers an in-depth analysis of the key competitors of the market along with their product portfolio, financial standing, production and manufacturing capacity, expansion plans, strategic alliances such as mergers and acquisitions, and market position.
The report further covers the analysis of the market share and size based on the key geographical regions. According to the regions, the market is primarily segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further predicts the regions expected to dominate the market in the upcoming years and provides an insight into the estimated share and CAGR for the forecast period.
The Global Sugar Substitutes Market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.
Key Highlights From The Report
- In October 2019, ClearFlo, a stevia flavor enhancer, was launched by Cargill. The ClearFlo was made in order to meet the requirements of high-intensity sweeteners in the industry.
- The natural segment held the largest market share of 56.4% in the year 2019. The shift of consumer preferences from synthetic or artificial sugar substitutes towards natural and organic products is expected to drive the growth of the industry. As per the sugar alliance organization, almost 20% of the U.S. citizens agreed that they prefer natural sugar substitute-based food or drink products.
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