Sugar Substitutes Market Industry Trends, Revenue, Key Players, Growth, Share and Forecast Till 2027

Emergen Research’s latest document,titled ‘Global Sugar Substitutes Market - Forecast to 2027,’ is one ofthe most sought-after market reports involving an in-depth analysis of theglobal Sugar Substitutes market. The report’s authors have offered necessarydetails on the latest Sugar Substitutes market trends and the crucialparameters impacting both short-term and long-term market growth. Its panoramicview of the Sugar Substitutes industry entails useful insights into theestimated Sugar Substitutes market size, revenue share, and sales &distribution networks.

The global Sugar SubstitutesMarket is forecasted to be worth USD 22.53 Billion in 2027,according to a new report by Emergen Research. The growth of this market can beattributed to the growing awareness among consumers regarding the adverseeffect of sugar on health that increases diabetes and obesity.

The rapidurbanization, coupled with the increasing spending power of consumers onprocessed food and beverages in the developing economies, is most likely topropel the industry’s growth of the region. Besides, the presence of a largenumber of key manufacturers in the Asia Pacific region is expected to drive thedemand of the industry. The increasing investments in the R & D tointroduce novel products containing blends of sugar substitutes and prebioticsor probiotics are projected to present lucrative opportunities for the emergingplayers in the industry.

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COVID-19 Impact Analysis:

Our experienced marketresearch team has provided updated information on the ongoing COVID-19 pandemicand its adverse economic impact in the latter segment of the report.  The coronavirus outbreak has led to drasticchanges in the current Sugar Substitutes business landscape, limiting thegrowth opportunities for various manufacturers and buyers for the next fewyears. Besides making speculations about the market’s post-COVID-19 scenario,the report discusses its existing situation. The report eventually offersconclusive data related to the Sugar Substitutes market growth assessed on bothregional and global levels.

Key Highlights From TheReport

·        In October 2019, ClearFlo, a stevia flavor enhancer, waslaunched by Cargill. The ClearFlo was made in order to meet the requirements ofhigh-intensity sweeteners in the industry.

·        The natural segment held the largest market share of 56.4% inthe year 2019. The shift of consumer preferences from synthetic or artificialsugar substitutes towards natural and organic products is expected to drive thegrowth of the industry. As per the sugar alliance organization, almost 20% ofthe U.S. citizens agreed that they prefer natural sugar substitute-based foodor drink products.

·        The Low-intensity sweeteners are forecasted to grow with thefastest CAGR of 5.0% over the forecast period as they are used extensively inthe food & beverage industry.

LeadingPlayers Profiled in the Report:

·        Archer Daniels Midland Company

·        PureCircle Limited

·        Ingredion Incorporated

·        Ajinomoto Co., Inc.

·        I. Dupont De Nemours and Company

·        Roquette

·        JK Sucralose Inc.

Keyinsights presented in the report:

•        Market revenue shares by major businessplayers, by type, by application, and market scope of global Sugar Substitutesmarket

•        Sales revenue by key players and newentrants

•        Competitive analysis of key players,including aspects such as company overview, product or services specification,vendors, and buyers

•        Recent mergers, acquisitions, productlaunches, recent investments, and joint ventures

•        Regional analysis to provide insight intorecent trends and opportunities

Browse Detailed Research Report, visit @https://www.emergenresearch.com/industry-report/sugar-substitutes-market

Key geographical areas:

·        NorthAmerica

·        Europe

·        AsiaPacific

·        LatinAmerica

·        MiddleEast & Africa

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