The global market for non-sugar sweeteners has been witnessing an impressive rise, thanks to the increasing prevalence of diabetes and obesity across the world. The rapid rise in the global geriatric population has also been fueling the demand for non-sugar sweeteners significantly. In the coming years, these trends are likely to continue, ensuring high demand for these sweeteners.
The global non-sugar sweeteners market is broadly assessed on the basis of the type of product, application, and the regional spread of this market. The key types of non-sugar sweeteners are natural non-sugar sweeteners and synthetic non-sugar sweeteners. Sorbitol, stevia, tagatose, and thaumatin are the prime natural non-sugar sweeteners while aspartame, saccharin, sucralose, and neotame are the major synthetic non-sugar sweeteners available in the global arena.
Baked products, confectionary, beverages, and desserts are the key application areas of these non-sugar sweeteners and Europe, North America, Asia Pacific, and the Rest of the World are the main regional markets for non-sugar sweeteners across the world.
This research study on the global non-sugar sweeteners market by Transparency Market Research (TMR) is an attempt to provide a comprehensive analysis of this market on the basis of its historical as well as current performance. Latest trends, growth drivers, limitations, opportunities, and future prospects of this market have also been studied at length in this market report.
Overview of the Non-sugar Sweeteners Market
The changing lifestyle of consumers has impacted their eating habits to a great level. Nowadays, people are more concerned about their health and well-being, which is prompting them to shift towards non-sugar sweeteners. The global market for non-sugar sweeteners is deriving much of its growth from this change in the eating habits of people across the world.
North America is the leading regional market for non-sugar sweeteners. The demand for non-sugar sweeteners from this region has been consistently high, thanks to its increasing obese population. The increasing elderly population is also boosting the demand for these sweeteners in this region. North America accounts for a share of 60% in the total demand for non-sugar sweeteners across the world, says an analyst at TMR.
Other regions are also witnessing a rise in the demand for non-sugar sweeteners. The increase in the awareness regarding healthcare and the benefits of consuming non-sugar sweeteners has encouraged consumers around the world to replace sugar with these sweeteners in their everyday diet.
Overall, the future of the global non-sugar sweeteners market looks positive. However, the increasing cases of health complications caused by artificial non-sugar sweeteners have garnered negative publicity, which is expected to hamper the growth of this market over the forecast period.
Apart from this, the high cost of non-sugar sweeteners, which makes them unaffordable for the average middle-class consumer in emerging nations, is also projected to limit the market considerably in the coming years.
Companies mentioned in the research report
The global market for non-sugar sweeteners is extremely fragmented due to the presence of a large number of participants across the value chain. Danisco A/S, Nutrasweet Co., JK sucralose Inc., Zydus Wellness Ltd., Dulcette Technologies LLC, Roquette, Merisant worldwide Inc., Cargill, Imperial Sugar Co., Beckmann-Kenko GmbH., Celanese Corp, Ajinomoto Co. Inc., Purecircle, and A&Z Food Additives Co. Ltd. are some of the major non-sugar sweetener manufacturers in the global market.
Major regions analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments