Report Code: A15103 | Pages: NA | Mar 2023 | 867 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Intensive Sweeteners Market
Request Now !Intense sweeteners are sugar replacements that are made synthetically and provide sweetness without the calories. Intensive sweeteners have been extended by multiple end-users due to their numerous benefits and advantages, resulting in substantial growth prospects during the foreseeable period. The use of strong sweeteners in a rapidly developing food business is expected to drive the market for intense sweeteners to a healthy level of growth. The production of intense sweeteners has increased globally as a result of the increase in use of intense sweeteners in treating water pollution around the world, with APEJ exhibiting substantial growth in the intense sweeteners market during the forecast period. During the projected period, the intense sweeteners industry is expected to provide major players with an opportunity to capture a large market share. Several local and international sellers compete in the global market for strong sweeteners.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered |  Type, Application, Nature, and Region |
 Companies Covered | Cargill, Archer Daniels Midland Company, Foodchem International Corporation, Galam, Knighton Foods, Daepyung Co. Ltd., Nutra Food Ingredients, Ajinomoto Corporation Inc., Ingredion |
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COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Increase in Demand for Low-Calorie Food Products is Expected to Increase Demand for Sweetener Products with Intensive Sweeteners
The market for low-calorie products like intense sweetener has expanded in response to the increased desire for healthier food products. Intensive sweeteners are extensively employed to add sweetness to products without increasing their calorie value. Some of the important factors that drive the global intense sweetener market have expanded demand for low-calorie products, a growing health-conscious population, and rising health risks such as diabetes. Increased disposable income and health-related spending, as well as an increase in number of health-conscious youth, are all favorable aspects for the global intense sweeteners market. The need for intense sweeteners has been fueled by the demand for personalized and healthful diets, as well as weight management solutions.
Intensive sweeteners are increasingly being utilized in a variety of food and beverage goods, including soft drinks, bakery & confectionery items, and frozen items. Stringent regulation of the use of intense sweeteners in food goods, as well as an increase in the usage of clean label products, are some of the causes that prevent the market from reaching its full potential. However, with increased consumer awareness and the introduction of novel products by manufacturers, the global intense sweeteners market is likely to grow in value and volume throughout the forecast period.
North America Dominates the Market and Asia-Pacific to be Major Market in Future
Due to increase in usage and consumption in milk, beverages, tea, and soft drinks, a higher number of fat people utilize low calorie artificial sweeteners, and strict laws and regulations of the regional regulatory body. North America dominated the High Intensity Sweeteners market. In 2015, North America was the second largest market for high intensity sweeteners, followed by Europe and Asia-Pacific.
Mexico, a developing market, has also implemented legislation to collect taxes on processed foods with high calorie content, such as carbonated soft beverages. However, Asia-Pacific is expected to continue to be the fastest-growing regional market, owing to recent regulatory approvals for the use of intense sweeteners in a variety of foods at specified levels in the region, as well as rise in demand in major economies such as India and China, has resulted in high growth in Asia-Pacific during the forecast period.
Key Benefits of the Report
Questions Answered in the Report
Intensive Sweeteners Market Report Highlights
Aspects | Details |
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By Application |
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Key Market Players | Cargill, Archer Daniels Midland Company, Foodchem International Corporation, Galam, Knighton Foods, Daepyung Co. Ltd., Nutra Food Ingredients, Ajinomoto Corporation Inc., Ingredion |
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