Global Sugar Substitute Market Forecasts to 2018

2013-05-14
Published : May-2013

ReportsnReports.com adds new research study on “Sugar Substitute Market – By Types (HFS, HIS & LIS), Subtypes (Stevia, Sorbitol, Tagatose, Aspartame, Saccharine, Sucralose, Xylitol & Others) & Applications (Healthcare & Personal Care, Beverage & Food) – Global Trends, Forecasts to 2018 ” to its database.

The global sugar substitute is the fastest growing segment of the sweetener market. This market consists of natural as well as artificial sugar substitutes. High intensity sweeteners (HIS) dominate the market share in terms of value and awareness. High Fructose Syrup (HFS) dominates the market in terms of volume; however, growing concerns with regards to its safety aspects may hamper future demands. Sugar substitutes are broadly divided on the basis of applications as health-care & personal care products, beverages, and food products namely confections, bakery, dairy, frozen foods, and others. With a huge market potential and a growing preference, the market is likely to witness considerable growth in the years to come.

This report estimates the market size of the global sugar substitute market in terms of revenue and volume. This report studies the sugar substitute market in various regions and key countries from each region. Market drivers, restraints, and opportunities are discussed in detail. Market share by major players and countries are also discussed in this report. We have also profiled leading players of this industry including Cargill Inc. (U.S.), Roquette (France), and Tate & Lyle plc. (U.K.).

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The sugar substitute market is dominated by the North American region, accounting for 49.0% of the market share in 2012. The demand for low caloric foods and low intensity sweeteners drives the North American market, estimated to grow at 3.9% from 2013 to 2018. A high rate of adoption of stevia by manufacturers drives the European market to grow at a healthy CAGR of 5.0%. Prosperous F&B market and resultant demand for LIS and HIS drives APAC, valued at $2,257.3 million in 2012. The Brazilian food industry demand drives the market for LIS and HIS, especially for beverage applications.

The North-America region is expected to continue its dominance in the global sugar substitute consumption; however, due to the increasing impact for demand of convenience health food, functional food and the need to focus on alternate sources of sugar, the Asian sub-continent is expected to drive the growth of the industry for the next few years. China and India are the leaders in the APAC market, driving the demand for sugar substitutes due to the changing lifestyles and growing economies, boosting the need for convenience food sector.

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The report breaks the global sugar substitute consumption market into the following three segments:

Geography: The report is divided in to regions namely Asia-Pacific, Europe, North America, and Rest of the World (ROW); and major countries such as U.S., Germany, China, India, and Brazil.

Types: The report divides the sugar substitute on the basis of the types such as High Fructose Syrup, High Intensity Sweeteners (Stevia, Aspartame, Saccharine, Sucralose, Cyclamate and others), and Low Intensity Sweeteners (Sorbitol, Xylitol, Mannitol, Erythritol, D-Tagatose, and others).

Applications: The sugar substitute market is divided by applications. The important applications considered in this report are Food (confectionaries, bakery, dairy, frozen foods and others), Beverages, and Health-care & Personal care products.

Get more information on Sugar Substitute Market @ http://www.reportsnreports.com/reports/243024-sugar-substitute-market-by-types-hfs-his-lis-subtypes-stevia-sorbitol-tagatose-aspartame-saccharine-sucralose-xylitol-others-applications-healthcare-personal-care-beverage-food-global-trends-forecasts-to-2018.html.

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