Global Sugar Substitutes in Food Industry Market, By Type (High-Fructose Syrup, High Intensity Sweeteners, Low Intensity Sweeteners), Application (Confectionery, Bakery, Condiments, Dairy and Frozen Yogurt, Ice Cream, Others), Distribution Channel (Store-Based, Non-Store-Based), End Use (Food and Beverage Manufacturers, Tabletop, Hospitality, Others), Category (Natural, Synthetic), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Sugar Substitutes in Food Industry Market
Sugar substitutes in food industry market is expected to grow at a rate of 4.40% in the forecast period 2021 to 2028. Increase in health consciousness among consumers to encourage the demand for healthier food choices which will likely to act as a factor for the sugar substitutes in food industry market in the forecast period of 2021- 2028.
Sugar substitutes are food products that, like sugar, have a sweet taste, but the difference is that they have far less calories than sweeteners dependent on sugar. Zero calories or low calorie sweeteners are known to be food items that have sugar substitutes. Two types, Artificial and Natural Sugar Substitutes, can be categorised as sugar substitutes in general.
Increase in demand for natural sweeteners due to the rising consumer preferences toward natural products, fluctuations in the price and supply, rising demand of product in various applications of food and beverages industry, rising number of diabetic patients and the growing prevalence of obesity, improving living standards of middle-class population coupled with rising spending power of consumers are some of the major as well as vital factors which will likely to augment the growth of the sugar substitutes in food industry market in the projected timeframe of 2021-2028. On the other hand, surging levels of investment in research and development activities along with product has the potential for diversification into other applications which will further contribute by generating massive opportunities that will lead to the growth of the sugar substitutes in food industry market in the above mentioned projected timeframe.
Adherence to international quality standards and regulations along with ambiguity related to health problems due to the high consumption which will likely to act as market restraints factor for the growth of the sugar substitutes in food industry in the above mentioned projected timeframe. Product labelling and claim issues will become the biggest and foremost challenge for the growth of the market.
This sugar substitutes in food industry market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on sugar substitutes in food industry market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sugar Substitutes in Food Industry Market Scope and Market Size
Sugar substitutes in food industry market is segmented on the basis of type, application, distribution channel, end use and category. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the sugar substitutes in food industry market is segmented into high-fructose syrup, high intensity sweeteners, and low intensity sweeteners. High-fructose syrup has been further segmented into barley malt syrup, corn syrup, malt syrup, maple syrup, and others. High intensity sweeteners have been further segmented into stevia, aspartame, sucralose, saccharin, advantame, cyclamate, neotame, and others. Low intensity sweeteners have been further segmented into d-tagatose, erythritol, sorbitol, maltitol, xylitol, mannitol, and others.
- Based on application, the sugar substitutes in food industry market is segmented into confectionery, bakery, condiments, dairy and frozen yogurt, ice cream, and others.
- Based on the distribution channel, the sugar substitutes in food industry market is segmented into store-based, non-store-based. Store-based has been further segmented into supermarkets and hypermarkets, convenience stores, and others.
- The sugar substitutes in food industry market is also segmented on the basis of end use. The end use is segmented into food and beverage manufacturers, tabletop, hospitality, and others. Hospitality has been further segmented into restaurants and hotels, cruise line, airlines, and fast food centers.
- Based on category, the sugar substitutes in food industry market is segmented into natural, and synthetic.
Sugar Substitutes in Food Industry Market Country Level Analysis
Sugar substitutes in food industry market is analyses and market size, volume information is provided by country, type, application, distribution channel, end use and category as referenced above.
The countries covered in the sugar substitutes in food industry market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
North America dominates the sugar substitutes in food industry market due to the increasing health concerns among consumers along with the prevalence of various market players in the region while in the forecast period 2020 to 2027 because of increasing influence of western culture in the region and rising health awareness among the population in the region.
The country section of the sugar substitutes in food industry market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sugar Substitutes in Food Industry Market Share Analysis
Sugar substitutes in food industry market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sugar substitutes in food industry market.
The major players covered in the sugar substitutes in food industry report are DuPont.; ADM; Tate & Lyle; Ingredion Incorporated; Cargill, Incorporated.; Roquette Frères.; PureCircle; MacAndrews & Forbes Incorporated; JK Sucralose Inc.; Ajinomoto Health & Nutrition North America, Inc.; STEVIA HUB INDIA; Suminter India Organics; Stevia biotech Pvt. Ltd.; REAL STEVIA; Sweetly SteviaUSA; Pyure Brands LLC; XILINAT; Fooditive B.V.; SAGANÀ Association; Hearthside Food Solutions LLC; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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