Low Intensity Sweeteners Market Growth Outlook Through 2024-2033
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LONDON, GREATER LONDON, UNITED KINGDOM, September 13, 2024 /EINPresswire.com/ — The low intensity sweeteners market has experienced robust growth in recent years, expanding from $2.02 billion in 2023 to $2.16 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increased health consciousness and demand for low-calorie alternatives, growth in diabetic population and need for sugar substitutes, regulatory support for reduced sugar and low-calorie products, consumer preference for natural and clean label sweeteners, rise in obesity rates and awareness of sugar-related health issues, expansion of the food and beverage industry.
Strong Future Growth Anticipated
The low intensity sweeteners market is projected to continue its strong growth, reaching $2.79 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising demand for low-calorie and reduced sugar products, health and wellness trends impacting sweetener choices, emerging markets and increased urbanization, consumer preference for plant-based sweeteners, innovation in low intensity sweetener formulations.
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Growth Driver Of The Low Intensity Sweeteners Market
Growing consumer inclination towards low-calorie foods is expected to propel the growth of the low-intensity sweetener market. The rising consumer awareness of health and wellness in relation to healthier food and beverage products, as well as a preference for low-calorie foods and a healthy diet, is driving the growth of the market.
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Major Players And Market Trends
Key players in the low intensity sweeteners market include Ingredion Incorporated, Roquette Frères S.A., Tate & Lyle PLC, Food Chem International Corporation, DuPont de Nemours Inc., Gulshan Polyols Limited.
Major companies operating in low intensity sweeteners market is undergoing partnerships to develop innovative products and to gain a competitive edge in the market. Partnerships can significantly contribute to the growth of low-intensity sweeteners by expanding their market presence, improving product quality, reducing costs, and increasing consumer awareness.
Segments:
1) By Type: D-Tagatose, Sorbitol, Maltitol, Xylitol, Mannitol, Erythritol, Allulose
2) By Form: Dry, Liquid
3) By Application: Food, Beverages, Pharmaceutical And Personal Care Products
Geographical Insights: North America Leading The Market
North America will be the largest region in the low-intensity sweeteners market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the low intensity sweeteners market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Low Intensity Sweeteners Market Definition
Low intensity sweetener is a type of substance that is added to food to give it a basic sweetness taste. Low Intensity Sweeteners are sugar substitutes that are low in calories or zero in calories while still providing a sweet taste. The consumption of low intensity sweeteners keeps the insulin level unaffected and differs these from the high-intensity sweeteners.
Low Intensity Sweeteners Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Low Intensity Sweeteners Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on low intensity sweeteners market size, low intensity sweeteners market drivers and trends, low intensity sweeteners market major players, low intensity sweeteners competitors’ revenues, low intensity sweeteners market positioning, and low intensity sweeteners market growth across geographies. The low intensity sweeteners market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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Article originally published on www.einpresswire.com as Low Intensity Sweeteners Market Segments, Drivers, Restraints, And Trends For 2024-2033