Low-Calorie Sweeteners Global Market Growth, Dynamics, Industry Expansion, Challenges and Forecasts to 2027
Increasing demand for the convenience food leads the low
calorie sweeteners market. The market for convenience food has gained
popularity in the growing work population. Low calorie sweeteners are used in
different food & beverage products as a substitute of sugars, which helps
to maintain the blood glucose level of diabetic patients. Additionally, the
increased consumption of ready to eat food has uplifted the market of low
calorie sweeteners. Use of artificial low calorie sweeteners is projected to
dominate the personal & health care products. However, increasing
population of health-conscious consumers has opened the doors for growth
natural and plant derived low calorie sweeteners during the forecast period
2017-2023.
low-calorie
sweeteners market production
Market Forecast
Low calorie sweeteners are expected to gain popularity as they
help in lowering high blood pressure and maintaining the blood glucose level
for diabetic patients. Additionally, massive increase in the use of ready to
eat foods and regulatory laws driving the growth of the global low calorie
sweeteners market. Increased acceptance of low calorie sweeteners as a substitute
for conventional sugar has increased its application scope in the food
industry. However, the use of artificial low calorie sweeteners is likely to
hamper the market growth over the review period owing to growing preference of
the population towards natural products.
All these factors will contribute to the estimated CAGR of
3.8% of low calorie sweeteners market during the forecast period 2017-2023.
Downstream Analysis
Artificial low calorie sweeteners segment is estimated to hold
a major share of the global low calorie sweeteners market in the year of 2017.
However, the use of natural low calorie sweetener is expected to witness a
maximum growth rate during the forecast period 2017-2023 owing to the
increasing consumer inclination towards the natural and plant based products.
Among the applications, the food & beverage segment holds a major market
share. However, it is expected that personal & healthcare products will
witness a rapid growth in the forecast period 2017-2023.
Competitive Analysis
The major key players in the Low Calorie Sweeteners Market
- Archer
Daniels Midland (the U.S.)
- Tate
& Lyle (U.K.)
- I.
du Pont de Nemours and Company (the U.S.)
- Cargill
Inc.(the U.S.)
- Ingredion
Inc. (the U.S.)
- Celanese
Corporation (the U.S.)
- NutraSweet
(the U.S.)
The demand for substitute over the use of conventional sugar,
and use of naturally derived low calorie sweeteners instead of artificial low
calorie sweetener has boosted the market demand for natural low calorie
sweeteners. This will bring a dramatic change consumption pattern among the
consumers.
Complete Report Details @ https://www.marketresearchfuture.com/reports/low-calorie-sweeteners-market-4547
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