The new report titled ‘Global Sugar Substitutes Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Sugar Substitutes market outlook over the forecast duration (2019-2027). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market.
The global Sugar Substitutes Market is forecasted to be worth USD 22.53 Billion in 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the growing awareness among consumers regarding the adverse effect of sugar on health that increases diabetes and obesity.
The rapid urbanization, coupled with the increasing spending power of consumers on processed food and beverages in the developing economies, is most likely to propel the industry’s growth of the region. Besides, the presence of a large number of key manufacturers in the Asia Pacific region is expected to drive the demand of the industry. The increasing investments in the R & D to introduce novel products containing blends of sugar substitutes and prebiotics or probiotics are projected to present lucrative opportunities for the emerging players in the industry.
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Global Sugar Substitutes Market – Overview:
The latest market intelligence report, titled ‘Global Sugar Substitutes Market’, is intended to provide the target audience with the necessary information about the global Sugar Substitutes industry. The report comprises a detailed analysis of the vital elements of the Sugar Substitutes market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Sugar Substitutes market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Further key findings from the report suggest
- In October 2019, ClearFlo, a stevia flavor enhancer, was launched by Cargill. The ClearFlo was made in order to meet the requirements of high-intensity sweeteners in the industry.
- The natural segment held the largest market share of 56.4% in the year 2019. The shift of consumer preferences from synthetic or artificial sugar substitutes towards natural and organic products is expected to drive the growth of the industry. As per the sugar alliance organization, almost 20% of the U.S. citizens agreed that they prefer natural sugar substitute-based food or drink products.
- The Low-intensity sweeteners are forecasted to grow with the fastest CAGR of 5.0% over the forecast period as they are used extensively in the food & beverage industry.
Global Sugar Substitutes Market Report – Table of Contents:
- Chapter 1 includes the global Sugar Substitutes market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Sugar Substitutes market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Sugar Substitutes market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Sugar Substitutes industry, along with their anticipated sales and revenue shares.
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Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Sugar Substitutes market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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