The increasing urbanization, along with growing health concern of consumers is driving the growth of the global non-sugar sweeteners market. The increasing numbers of diabetic patients worldwide is another growth driver for the market. Among regions, North America held the largest market share in 2014; however Europe is expected to grow with the fastest pace during the forecast period.
Non-sugar sweeteners are the alternative to sugar with certain difference in properties, as compared to organically produced sugar. The patients of reactive hyperglycemia and diabetes are often advised by the doctors to replace their sugar based diet with non-sugar sweeteners. The sweet dish variants are increasing every year, and so are their consumers. The consumers prefer consuming sweet dish after their meals, between the short breaks in the office and schools, and also while travelling. The consumption of sweet dish, bakery items, and other prepared sweetened foods is increasing at a swift pace, among the lower and middle income groups globally, owing to their increasing disposable incomes. However, the diabetic cases are also increasing among this section of society, which is expected to boost the demand of non-sugar sweeteners in the global market.
Explore Report at: https://www.psmarketresearch.com/market-analysis/non-sugar-sweeteners-market
According to the World Health Organization, the population of diabetic people is expected to increase from 171 million in 2000, to 366 million in 2030. In the American region, it is expected to increase from 33 million in 2000, to 67 million in 2030. Their number is expected to increase at more exorbitant rate in South-East Asia with 47 million in 2000, to 120 million in 2030. The macro-economic factors, such as increasing disposable income and up surging urbanization are the key factors responsible for the growing adoption and affordability of such sweeteners. The increasing attention of food and beverages industry towards diabetic patients is expected to propel the growth of the market, during the forecast period.
The sweetness level varies among the various types of non-sugar sweeteners. For instance, aspartame, saccharin, sucralose, and stevia are the most potent sweeteners. On the other hand, sweeteners, such as xylitol and sorbitol are less sweet, and have different metabolic and digestive properties than others.
The global non-sugar sweeteners market comprises large number of players creating a high degree of rivalry. The major players in the market include Cargill, Tate & Lyle, Archer Daniels Midland Company, Danisco, and Hermes Sweetener Limited.
Global Non-Sugar Sweeteners Market Segmentation
- Acesulfame Potassium
- Sugar Alcohol
- High-Fructose Corn Syrup
- Bakery and Confectionary
- Frozen Foods
- North America
- Latin America
- Western Europe
- Central and Eastern Europe
- Middle-East and Africa
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Manager – Client Partner
347, 5th Ave. #1402
New York City, NY – 10016
Toll-free: +1-888-778-7886 (USA/Canada)