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DUBLIN--(BUSINESS WIRE)--Nov 24, 2022--
The "Food Sweetener Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global food sweetener market reached a value of US$ 87.51 billion in 2021. Looking forward, the market is projected to reach a value of US$ 103.95 billion by 2027, exhibiting a CAGR of 2.80% during 2022-2027.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.
Food sweetener refers to a food additive that imparts sweet taste in various meals and beverages with the support of preservation, fermentation, baking, and caramelization techniques. These compounds can be procured from natural sources or processed artificially and are similar to sugar in terms of texture, taste, and interaction with ingredients.
Apart from this, food sweeteners are low in calories and aids in preventing tooth decay, controlling blood sugar levels, resisting diabetes, and regulating weight. On account of these properties, they are utilized in soups, confectionery, candies, sauces, dressing, and other baked products. At present, it is commercially available in sucrose, starch, and high-intensity sweeteners (HIS) types.
The widespread adoption of food sweeteners across the food and beverage (F&B) sector can be attributed to the increasing demand for low-sugar and -calorie consumer goods, such as diet coke, yogurt, ice cream, and grain-based desserts. This represents one of the key factors driving the market growth. This is further supported by the rising health consciousness and the increasing prevalence of obesity, diabetes, cardiovascular diseases, and other lifestyle-based ailments across the globe.
Additionally, the introduction of natural sweeteners composed from organic ingredients, such as stevia and honey, for imitating the taste of conventional sugar is acting as another growth-inducing factor. Along with this, manufacturers are focusing on expanding their portfolios by including artificial and other sugar substitutes, such as xylitol, erythritol, and mannitol, in the formulation of confectionery items.
This, in turn, is supporting the market growth significantly. Other factors, such as strategic collaborations amongst the key players and the rising investments in research and development (R&D) activities are creating a positive outlook for the global food sweetener market.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global food sweetener market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on product type, application and distribution channel.
Breakup by Product Type:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
Key Questions Answered in This Report
For more information about this report visit https://www.researchandmarkets.com/r/o4xhf2
View source version on businesswire.com:https://www.businesswire.com/news/home/20221124005285/en/
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KEYWORD:
INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/24/2022 10:58 AM/DISC: 11/24/2022 10:58 AM
http://www.businesswire.com/news/home/20221124005285/en