Sugar Substitutes Market Size Worth USD 25.8 Billion by 2032 | CAGR 3.9% - Latest Research Report

BROOKLYN, NY, UNITED STATES, September 17, 2024 /EINPresswire.com/ -- The latest report by IMARC Group, titled “𝐒𝐮𝐠𝐚𝐫 𝐒𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐,” offers a comprehensive analysis of the sugar substitutes market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global sugar substitutes market size reached USD 18.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach 𝐔𝐒𝐃 𝟐𝟓.𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, exhibiting a 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟑.𝟗% during 2024-2032.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/sugar-substitutes-market/requestsample

𝐒𝐮𝐠𝐚𝐫 𝐒𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The global sugar substitutes market is experiencing robust growth, primarily driven by increasing consumer awareness regarding the adverse health effects of excessive sugar consumption, such as obesity, diabetes, and cardiovascular diseases. The growing preference for low-calorie and natural sweeteners, particularly among health-conscious consumers, has led to the rising adoption of sugar substitutes in various food and beverage products. Additionally, the rising demand for sugar-free and low-sugar alternatives in the food and beverage industry, including bakery, confectionery, dairy, and beverages, is fueling market expansion.

The market is further propelled by advancements in food technology, enabling manufacturers to develop sugar substitutes that closely mimic the taste and texture of sugar while offering improved stability and shelf life. The increasing prevalence of lifestyle-related health conditions and the global trend towards healthier eating habits are encouraging the incorporation of sugar substitutes in dietary supplements, pharmaceuticals, and functional foods. Furthermore, supportive government initiatives and regulations promoting the reduction of sugar intake, along with the introduction of sugar taxes in various countries, are expected to drive market growth.

𝐒𝐮𝐠𝐚𝐫 𝐒𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The market encompasses a wide variety of products, including artificial sweeteners (such as aspartame and sucralose), natural sweeteners (like stevia and monk fruit), and sugar alcohols (such as xylitol and erythritol). Its scope extends across diverse applications, including food and beverages, pharmaceuticals, personal care products, and nutraceuticals. Market growth is driven by the increasing demand for natural and plant-based sweeteners, reflecting the shift towards clean-label, organic, and non-GMO products among consumers.

The market is also influenced by the development of innovative sugar substitutes that offer enhanced sweetness profiles, reduced aftertaste, and functional benefits such as low glycemic index. In emerging economies, rising disposable income and growing health awareness are expanding the customer base for sugar-free and low-sugar products. Additionally, the ongoing research and development efforts to create multifunctional sugar substitutes with added nutritional value, as well as the integration of these substitutes into mainstream products, are anticipated to propel market expansion.

𝐕𝐢𝐞𝐰 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞: https://www.imarcgroup.com/sugar-substitutes-market

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Tate & Lyle PLC
• Cargill, Incorporated
• PureCircle Limited
• Roquette Frères S.A.
• E. I. du Pont de Nemours and Company
• Archer Daniels Midland Company
• Ajinomoto Co. Inc.
• Ingredion Incorporated
• Flavors Holdings Inc.
• Jk Sucralose Inc.

𝐒𝐮𝐠𝐚𝐫 𝐒𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Our report has categorized the market based on region, product type, application and origin.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞:

• 𝐇𝐢𝐠𝐡-𝐈𝐧𝐭𝐞𝐧𝐬𝐢𝐭𝐲 𝐒𝐰𝐞𝐞𝐭𝐞𝐧𝐞𝐫𝐬

o Stevia
o Aspartame
o Cyclamate
o Sucralose
o Saccharin
o Others

• 𝐋𝐨𝐰-𝐈𝐧𝐭𝐞𝐧𝐬𝐢𝐭𝐲 𝐒𝐰𝐞𝐞𝐭𝐞𝐧𝐞𝐫𝐬

o D-Tagatose
o Sorbitol
o Maltitol
o Xylitol
o Mannitol
o Others

• 𝐇𝐢𝐠𝐡 𝐅𝐫𝐮𝐜𝐭𝐨𝐬𝐞 𝐒𝐲𝐫𝐮𝐩

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

• Foods
• Beverages
• Health and Personal Care

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐎𝐫𝐢𝐠𝐢𝐧:

• Artificial
• Natural

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

• North America (USA, Canada)
• Europe (Germany, France, UK, Italy, Spain, Russia, others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
• Middle East/Africa
• Latin America (Brazil, Mexico, others)

𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐒:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
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