The global Iow
intensity sweeteners market is foreseen to grow at 5.1%, from USD 2.75 Billion
in 2021 to USD 4.09 Billion in 2029. Increase in awareness among consumers
regarding health and wellness encourages the demand for healthier food
products, Rise in awareness about the functionalities of low intensity sweeteners
in the pharmaceutical industry, Rise in demand for low-calorie sweeteners in
various food & beverage applications are the factors driving the market for
the estimated forecast period. However, Higher cost of production of food &
beverage products with low intensity sweeteners as compared to sugar is one of
the factors to hinder the market growth for the estimated period.
Market Definition
What are Iow intensity
sweeteners?
Low-intensity sweeteners are artificial or nonnutritive compounds added
in the industrial processing of foodstuffs to increase the perception of the
sweet taste. These compounds are zero- or low-calorie sugar alternatives that,
if used in proper concentrations, exhibit food safety and low residual taste.
Market Overview
The Iow
intensity sweeteners market research study helps to thoroughly understand the
current trend in the market, competitive analysis of the players in the
emerging market. Moreover, the DRO in the Iow intensity sweeteners market
offers valuable perspicuity and a current scenario for making the right
decision. The research study covers the eminent players in the market with a
detailed analysis of the company and a financial overview containing their net
sales, business mix and geographical reach. It mainly focuses on the key
developments of the products/services offered by the company in recent years.
Besides, we at Zettabyte have the expertise to analyse the global Iow intensity
sweeteners market player's competitive landscape, helping the client comprehend
their specific strategic growth approaches.
Iow intensity
sweeteners Market study by "Zettabyte Analytics" offers details about
the market scope, market segmentation, technological advancement in the Iow
intensity sweeteners market and highlights the optimistic, competitive
landscape and trends enduring over the years.
Major players in
the Iow intensity sweeteners market include Ingredion Incorporated , ADM ,
Anderson Advanced Ingredients , Tate & Lyle , Roquette Frères , Matsutani
Chemical Industry Co., Ltd , Whole Earth Brands , CJ CheilJedang , Samyang
Corporation , Daesang Corporation , Van Wankum Ingredients , Hylen Co., Ltd ,
Sweeteners Plus , Fooding Group Limited , Savanna Ingredients , Foodchem
International Corporation , Apura Ingredients , Shandong Saigo Group
Corporation , Icon Foods , Bonumose Inc.
COVID-19 Impact on Global Iow
intensity sweeteners Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the Iow intensity
sweeteners Market has forced the companies to change their sourcing, pricing,
and promotion strategies. The Iow intensity sweeteners Market players are seen
focusing more on optimizing the E-commerce networks with the rising innovations
in the digital sector, which are creating new business models for the food and
beverage industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and Iow intensity
sweeteners' future markets are analyzed to understand their impact on demand
for the forecast period. Growth rates have been estimated using correlation,
regression and time-series analysis.
Market Segmentation
For the purpose
of this report, the global Iow intensity sweeteners market is segmented on the
basis of type, category, form, application and region:
Type
|
D-Tagatose
|
Sorbitol
|
Maltitol
|
Xylitol
|
Mannitol
|
Erythritol
|
Allulose
|
Other Types
|
|
|
Category
|
Natural
|
Synthetic
|
|
|
Form Type
|
Dry
|
Liquid
|
|
|
Application
|
Food
|
|
Bakery products
|
|
Confectioneries
|
|
Dairy & frozen desserts
|
|
Other food Application (processed meat, fruit preparation, snacks, soups,
sauces, and dressings)
|
Beverages
|
Pharmaceutical & personal care products
|
Type Outlook:
On the basis of
Type, the market is segmented into D-Tagatose, Sorbitol, Maltitol, Xylitol,
Mannitol, Erythritol, Allulose, Other Types
Figure 1 - Low intensity sweeteners Market,
By Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)