The
global alternative sweetener market is expected to witness steady
growth during the forecast period. Increasing demand for healthier
low-calorie food products is one of the major factors boosting the
demand for alternative sweeteners globally. Manufacturers aim to
launch other sugar substitutes due to rising health consciousness
among consumers. In addition, rising prices of sugar helps to boost
the growth of the alternative sweetener market gradually.
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Full Alternative Sweetener Market Report With Complete TOC @
A
recent study reveals that low-calorie sweeteners do not increase the
risk of cancer. Natural alternative sweeteners are useful in managing
calorie count, cutting down on carbohydrates, and improving overall
health. Growing obesity rate, increasing diabetic population, and
other health problems are fueling the demand for low-calorie
sugar-free products.
Furthermore,
overconsumption of diet sodas and colas that contain sucralose,
aspartame, or saccharin may cause health problems such as diabetes,
obesity, and heart diseases. People consuming diet sodas may suffer
from the risk of metabolic syndrome and cardiovascular disease.
Artificial sweeteners are increasingly preferred over table sugar
among health-conscious consumers, as they virtually contain no
calories.
In
terms of product type, the market is segmented into high fructose
syrup (HFS), high intensity sweetener (HIS), and low intensity
sweetener (LIS). In terms of applications, alternative sweeteners are
broadly divided into beverages such as diet-carbonated soft drinks,
ready-to-drink tea and coffee, juices; and food products such as
confectionaries, tabletop sweeteners, chewing gum, chocolate, bakery
products, and dairy products. In addition, alternative sweeteners are
used in personal care products such as toothpaste, mouthwash, and
glycerin as well as in pharmaceutical products. High intensity
sweetener is the most popular form of sweetener among consumers,
followed by high fructose syrup. Low intensity sweeteners and polyols
are gradually replacing high intensity sweeteners and high fructose
syrup in the global food and beverage segment.
The
report also includes drivers, restraints and opportunities (DROs) of
the alternative sweetener market. The study highlights current market
trends and provides the forecast from 2015 to 2021. We have also
covered the current market scenario for alternative sweeteners and
highlighted its future trends that are likely to affect the demand
for alternative sweeteners.
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By
geography, the market has been segmented into North America, Europe,
Asia Pacific, and Rest of the World (RoW). The present market size
and forecast until 2021 are covered in the report. North America held
the largest market share of the alternative sweetener market in 2014.
Market growth of this region is due to increasing problem of obesity
and other health issues such as cardiovascular diseases and diabetes.
Therefore, food and beverage manufacturers are focusing on producing
low calorie, sugar free products to meet the consumers need in North
America. Apart from this, rising obesity rate causes the declining of
soft drinks consumption in North America and Europe and that implies
the fall in usage of high intensity sweetener in these regions. Owing
to this, the demand for artificial sweetener is decreasing in these
regions and a significant shift in preferences and behavior from
carbonated soft drinks was seen in Europe and North America. Asia
Pacific held the second largest share in 2014 followed by Europe and
RoW of the global alternative sweetener market.
The
report also analyzes different factors influencing and inhibiting the
growth of the alternative sweetener market. The market attractiveness
analysis provided in the report highlights key investing areas in
this industry. The report will help alternative sweetener
manufacturers, suppliers, and distributors understand the present and
future trends in this market and formulate their business strategies
accordingly.
Key
players in the alternative sweetener market include Tate & Lyle
Plc, Cargill, Incorporated, Ajinomoto Co., Inc.,
Archer-Daniels-Midland Company, Ingredion Incorporated, Roquette
Frères S.A., and The NutraSweet Company.
The
scope of the study presents a comprehensive evaluation of the
stakeholder strategies and winning imperatives for them by segmenting
the alternative sweetener market as below:
Global
alternative sweetener market has been segmented as follows:
Global
alternative sweetener market, by product type
High
Fructose Syrup (HFS)
High
Intensity Sweetener (HIS)
Low
Intensity Sweetener (LIS)
Global
alternative sweetener market, by application
Food
Beverages
Others
(including pharmaceuticals and personal care etc)
In
addition, the report provides cross-sectional analysis of all the
above segments with respect to the following geographies:
Global
alternative sweetener, by geography
North
America
U.S.
Canada
Rest
of North America
Europe
Germany
U.K.
France
Italy
Rest
of Europe
Asia-Pacific
China
Japan
India
Australia
Rest
of Europe
Rest
of the World (RoW)
Latin
America
Middle
East
Other
countries in RoW
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