Sugar Substitutes Market Rising Trends and New Technologies with Archer Daniels, Midland Company, Ingredion Incorporated, Jk Sucralose, The Nutra Sweet Company
Premium Market Insights reports titled “Sugar Substitutes Market” and forecast to 2026 gives a detailed analysis of the market with key company profiles. Sugar Substitutes market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors in strategic decision making.
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According to Publisher, the Global Sugar Substitutes Market is accounted for $12.37 billion in 2017 and is expected to reach $21.62 billion by 2026 growing at a CAGR of 6.4% from 2017 to 2026.Some of the factors such as rising demand from the food & beverage industry, growing demand for low-calorie food products and increasing prevalence of diabetes are driving the market growth. Moreover, increasing demand for natural sugar substitute products from the consumer is acting as an opportunity for market growth. However, fluctuations in the prices of sugar are hampering the market growth.
Sugar substitutes are referred to sweet food additives which taste like sugar, enhance the flavor of food without sugar and have low calories than sugar. They are also known as non-caloric or artificial sweeteners. Sugar substitutes are majorly used in the form of sorbitol, tagatose, and aspartame saccharine in the healthcare, cosmetics, and food & beverage industry. The sugar substitutes are thoroughly investigated for safety with hundreds of scientific studies and then approved by different regulatory authorities like the U.S. FDA, JECFA and FSANZ.
The List of companies covered in this Reports are:
Tate & Lyle Plc
E. I. Dupont De Nemours and Company
Ajinomoto Co. Inc.
Macandrews & Forbes Holdings Inc (Merisant)
Archer Daniels Midland Company
Jk Sucralose Inc.
The Nutra Sweet Company
Hermes Sweeteners Ltd.
Merisant Company (U.S.)
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The insights also cover the production, value, market share, and growth rate of these top manufacturers and investigate the competitive landscapes for a better understanding of the market scenario. The report is intended to help the readers develop a practical and intelligent approach to market dynamics and exploit opportunities accordingly.
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