Leading Players and Strategic Initiatives in the Sugar Substitutes Market

The sugar substitutes market is predicted to reach USD 24.3 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. By 2023, the market is expected to be worth USD 18.8 billion. Download PDF Brochure Key players in the sugar substitutes market include: International Flavors & Fragrances Inc. (IFF), US: IFF is a major producer and distributor of...

Sugar Substitutes Market Growth Factors, Applications, Regional Analysis and Forecasts 2028

The sugar substitutes market is predicted to reach USD 24.3 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. By 2023, the market is expected to be worth USD 18.8 billion. The prevalence of lifestyle diseases such as cancer, diabetes, chronic obstructive pulmonary disease, and heart disease is increasing globally, posing a significant public health threat....

Sugar Substitutes Market: North America is projected to hold the largest market share in coming years

The Sugar Substitutes Market size is estimated to be valued at USD 16.5 billion in 2020 and projected to reach USD 20.6 billion by 2025, recording a CAGR of 4.5% during the forecast period.  The global sugar substitute industry has witnessed growing trends in the past years. The growth of this industry is majorly driven by an increase in health consciousness among consumers to encourage...

Sugar Substitutes Market Achieving Healthy Growth due to Changing Consumer Preference and Growing Demand

Sugar substitutes are food additives that replicate the effect of sugar in taste, but lesser in calories as compared to the regular sugar. Also called as artificial sweeteners, they are widely used in confectioneries, bakery, dairy, and frozen foods. Changing preferences of consumers into healthier and low-calorie food has increased the demand for sugar substitutes, especially in food & beverage...

Sugar Substitutes Market – Overview of Vital Industry Drivers

Increasing health problems due to regular consumption of sugar, and rising consumer awareness, and preference for low-calorie foods have resulted in the growth of the sugar substitutes market. Increasing demand for sugar substitutes in a wide range of beverage, food, and health & personal care applications are driving the sugar substitutes market. Increased research & development activities...

3 Drivers for Sugar Substitutes Market – An Overview

Various food additives are commonly used to substitute sugar. These additives duplicate the sweetness of sugar but usually contain fewer calories. Sugar substitutes could be both natural and artificial, depending on the ingredients used in them. Since the past few years, the global sugar substitute market is witnessing steady growth. This growth is attributed to numerous factors including rise in the...