Market Synopsis:
Market Research Future (MRFR)’s new analysis projects that the global alternative sweeteners market share is set to thrive at a healthy CAGR of 5% during the forecast period 2017 to 2023. The market is poised to reach a valuation of USD 1.58 Bn towards the end of 2023. The growth of the beverage industry is one of the key factors responsible for driving the growth of the alternative sweeteners market. The rising demand for beverages has intensified the demand for alternative sweeteners. The trend is expected to perpetuate in the foreseeable future.
The increasing health-seeking population has also catalyzed the demand for alternative sweeteners as it contains no or fewer calories. The changing lifestyle and rising working population are likely to drive the growth of the global alternative sweeteners market through the projection period.
The availability of a wide range of alternative sweeteners such as stevia, sucrose, maple syrup, etc. is estimated to augment the market across the review period. Other factors that are projected to favor the expansion of the alternative sweeteners market in the forthcoming years include rising population, growing inclination towards convenience food, exponential demand from confectioners, increasing demand from the frozen food industry, rising per capita disposable income, etc. Additionally, an upsurge in demand is also expected to be witnessed over the assessment period from the dairy industry.
Market Segmentation:
By product type, the global alternative sweeteners market has been segmented into artificial sweeteners, natural sweeteners, and others.
By application, the alternative sweeteners market has been segmented into sweet snacks, bakery & confectionery, dairy & frozen desserts, alcoholic beverages, non-alcoholic beverages, and others.
To get more info: https://www.marketresearchfuture.com/press-release/alternative-sweeteners-industry
Regional Insights:
The alternative sweeteners market, by region, has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America held the maximum share of the market in 217 which accounted for 37.9% share. It is likely to continue the same trend over the next couple of years. The alternative sweeteners market in the region is benefitted by the growing health-seeking consumers and rising disposable income. Europe is likely to exhibit a similar trend in the forthcoming years. Asia Pacific is a major growth pocket of the global alternative sweeteners market. It is estimated to strike a CAGR of 20.1% over the assessment period. The consolidation of key players in important country-level markets such as China and India are expected to expedite the expansion of the alternative sweeteners market.
Competitive Dashboard:
Some of the key players profiled in the report are Archer Daniels Midland Company (U.S.), DuPont Nutrition & Health (Denmark), Ajinomoto Co. Inc. (Japan), Tate & Lyle Plc (U.K), Roquette Freres S.A. (France), Macandrews & Forbes Incorporate (U.S.), Associated British PLC (U.K), Cargill Incorporated (U.S.), Ingredion Incorporated (U.S.), JJD Enterprise (India), Heartland (U.S.), Monk Fruit Corporation (U.S.) Avestia Pharma (India), Panchsheel Organics Limited (India), A.B. Enterprise (India), Akhil Healthcare Pvt. Ltd. (India), Niutang Changhai Food Additives Co, Ltd. (China), Sunwin Stevia International (China), Herboveda (India), Anhui Elite Industrial Co.,Ltd (China), Hill Pharmaceutical Co. Ltd. (China), Azúcares Prieto (Spain), Hangzhou Focus Corporation (Shanghai), Shandong Shengwang Pharmaceutical Co. Ltd. (China), and Denk Ingredients (Germany).
Industry News:
In February 2018, The Sola Company, based out of Houston, Texas, has launched Sola® sweetener which has 75% less sugar and zero grams net carbs.
In June 2018, Savanna Ingredients GmbH, a German startup, has produced allulose monosaccharide which is claimed to be real sugar without calories.
In October 2018, U.S. based Unavoo Food Technologies has launched Heylo, which is a dietary fiber and stevia-based sugar alternative.
In November 2018, Coca-Cola, a leading beverage company, has added stevia-sweetened soda to its product line which has zero calories and no sugar.
Alternative sweeteners Market Artificial sweeteners are alternatives to sugar which is widely used as an ingredient in processed foods, including baked goods, soft drinks, powdered drink mixes, candy, canned foods, jams and jellies, dairy products, and other products.Major Market Drivers and Restraints:Increasing demand of low-calorie food productsRising demand of natural sweetenersRising consumer awareness of obesity, diabetes and other health concernsStringent Regulatory frameworkFluctuating prices of raw materialsGet Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-alternative-sweeteners-market Scope of the Alternative sweeteners MarketCurrent and future of Alternative sweeteners Market outlook in the developed and emerging marketsThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersGlobal Alternative Sweetener Market By Product Type (HIS, Polyols, Natural, Others), By Application (Food & Beverages, Pharmaceuticals, Cosmetic Care Products), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Industry Trends and Forecast to 2025The Alternative sweeteners market is accounted to be USD 12.1 billion in 2017 and is growing at a CAGR of 4.6% during the forecast period of 2018 to 2025.
The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Browse Related Report Here:Milk Protein MarketPotato Protein MarketSome of the leading key players profiled in this study:Some of the major players operating in alternative sweeteners market are Archer-Daniels-Midland Company, Ajinomoto Co. Inc., NutraSweet Company, Roquette Frères S.A., Tate & Lyle Plc., Ingredion Incorporated, and Cargill Incorporated, Arnhem Group, Celanese Corporation, Dupont, JMC Corporation, Roquette Frères SA, Südzucker AG, Tate & Lyle Plc, Unilever Group, United American Industries Incorporated, Sugar Foods Corporation, Nutrasweet Company, Purecircle Limited among others.
Get Detailed Toc and Charts & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-alternative-sweeteners-marketKey Pointers Covered in the Alternative sweeteners Market Trends and Forecast to 2025Alternative sweeteners Market New Sales VolumesAlternative sweeteners Market Replacement Sales VolumesAlternative sweeteners Market Installed BaseAlternative sweeteners Market By BrandsAlternative sweeteners Market SizeAlternative sweeteners Market Procedure VolumesAlternative sweeteners Market Product Price AnalysisAlternative sweeteners Market Healthcare OutcomesAlternative sweeteners Market Cost of Care AnalysisAlternative sweeteners Market Regulatory Framework and ChangesAlternative sweeteners Market Prices and Reimbursement AnalysisAlternative sweeteners Market Shares in Different RegionsRecent Developments for Alternative sweeteners Market CompetitorsAlternative sweeteners Market Upcoming ApplicationsAlternative sweeteners Market Innovators StudyInquiry before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-alternative-sweeteners-marketAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
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