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Sugar Substitutes Market by Type, Composition, Application, & by Region - Forecast to 2020

Sugar Substitutes Market: Forecast until 2020

  • November 2015
  • 176 pages
  • ID: 3377283
In this report:
In 2014, Europe accounted for consumption of ##.## KT; this is projected to reach ##.## KT by 2020, growing at the highest CAGR of ##.##% from 2015.
The current global sugar production is ## million tons and the global demand for sugar is estimated to reach approximately ## million tons by 2030, a growth of ##%.

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This market report examines the sugar substitutes market, in terms of area, category, application, and composition, in terms of value significance and quantity.

The sugar substitutes market has been increasing over the last few years and this forecast is forecasted to continue until 2020. The primary factor driving the overall success of sugar substitutes is the increased adoption of sugar substitutes in the food, beverages, and health & personal care sectors. There is a rise in the use of sugar substitutes, globally, especially in the Asia-Pacific and European regions. This growing trend reflects the economic development, growth in the purchasing power of consumers, and rise in the marketing and branding of distinct varieties of sugar substitute products.

On the basis of class, the sector is divided into high-intensity sweeteners, low-intensity sweeteners, high-fructose syrups. The sugar substitutes market is also split by composition into HIS - Stevia, Aspertame, Cyclamate, Sucralose, Saccharin, Ace-K; LIS- D-Tagatose, Sorbitol, Maltitol, Xylitol, Mannitol, Erythritol. By application into beverages, food (confectionery, bakery, dairy & frozen foods), and heath & personal care. The sector is also divided on the basis of area, into North America continent, Europe (EU), Asia Pacific (APAC), and the Rest of the globe ; this has been further broken down on the basis of their top countries.

The high-intensity sweeteners segment led the sugar substitutes market in terms of value importance, because high-fructose syrup was the most used sugar substitute type, by quantity. The industry demand for sugar substitutes incorporated in beverages was 8,486.9 KT in 2014. Low-intensity sweeteners segment is anticipated to be the quickest-increasing, in terms of both, value as well as volume.

The industry for sugar substitutes is projected to extend ~$16.5B by 2020, at a compound annual growth rate (CAGR) of 4.50 percent. Rising incorporation of innovative sugar substitute products and main firms focusing on expanding their overall presence through new industry product developments and launches are the two main factors that are driving the sugar substitutes market. The North American area controled the sugar substitutes market in 2014.

This business report offers qualitative and quantitative analyses of the market for sugar substitutes. It includes market forces, forecasts, competitive landscape preferred by top market players, the driving factors that boost the increase of the sugar substitutes market, and tis restraints. The analysis also studies the alternatives in the sector for new sector entrants.

Leading players including Tate & Lyle PLC, Cargill, Incorporated, Purecircle Ltd., and E. I. du Pont de Nemours and Organization have been described in the market research.

Why acquiring this study can help you:

- To get a comprehensive overview of the overall sugar substitutes market

- To benefit info about the top actors in this market, their products review, and top strategies approved by them

- To benefit insights of the main countries/localities in which the sugar substitutes market is increasing

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