Low Intensity Sweeteners Market To Report Impressive Growth, Revenue To Surge To US$ 1.72 Billion By 2022

10-Oct-2018 | Zion Market Research

With the presence of a large pool of participants, the global low intensity sweeteners market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Cargill Inc., Ingredion, Roquette Freres SA, Matsutani, Sudzucker AG, Tate and Lyle, Purecircle, and Mitsui are some of the key vendors of low intensity sweeteners across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development states the low intensity sweeteners market study.

In a major move that can prop up the growth of low intensity sweeteners market, in February 2018, GLG Life Tech Corporation, a key Canadian producer of zero calorie natural sweeteners & high purity Stevia and monk fruit extract, and Archer Daniels Midland Company—a U.S. based food processing & commodities trading firm—jointly declared launching of new high Reb M product line, an extension to its Stevia extracts portfolio. Reportedly, the new product line is likely to offer better tastes and comprises of low calorie natural sweeteners providing sugar-like sensory experience for the consumers.

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This review is based on a report by Zion Market Research, titled Low Intensity Sweeteners Market by Type (Xylitol, Tagatose, Allulose, Trehalose, & Isomaltuolose) by Application (Bakery, Beverages, Confectionery, Table-top sweetener, Pharmaceuticals & Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022.”- https://www.zionmarketresearch.com/report/low-intensity-sweeteners-market

Global Low Intensity Sweeteners Market

 As estimated in this report, the global low intensity sweeteners market stood at US$ 1.20 billion in 2016. Witnessing a tremendous rise during the period from 2017 to 2022, the revenue in this low intensity sweeteners market is expected to reach US$ 1.72 billion by the end of the forecast period. The main types available in this low intensity sweeteners market are Xylitol, Tagatose, Allulose, Trehalose, and Isomaltuolose. Among them, the demand for xylitol is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.

Growing Preference For Healthy & Low-Calorie Food To Boost Growth

“Massive popularity of healthy and low-calorie diet & beverages is expected to foster the growth of low intensity sweeteners market in the years ahead,” says the author of this study. Apart from this, extensive use of natural ingredients in sweeteners is slated to further augment the low intensity sweeteners market size.

Strict legislations and high production costs of Tagatose and Allulose, however, is likely to put brakes on the progress of low intensity sweeteners market in the near future. Nevertheless, the immense demand for the product in the developing regions is predicted to substantially contribute towards low intensity sweeteners market revenue in the ensuing years. This, in turn, is projected to normalize the impact of hindrances on low intensity sweeteners market, reports the study.

Large-Scale Intake Of Nutritious Diet To Help APAC Lead Regional Market

Regionally, Asia Pacific has been leading the worldwide low intensity sweeteners market and is anticipated to continue on the dominant position in the years to come, states the low intensity sweeteners market study. Massive intake of nutritious and low-calorie diet in countries such as China is the main factor behind the dominance of the Asia Pacific low intensity sweeteners market. The high number of market players being headquartered in the Asia Pacific is another significant factor that is supporting this regional low intensity sweeteners market.

The global low intensity sweeteners market is segmented as follows:

By Type

  • Xylitol
  • Tagatose 
  • Allulose
  • Trehalose 
  • Isomaltuolose

 By Application

  • Bakery,
  • Beverages
  • Confectionery
  • Table-top sweetener 
  • Pharmaceuticals 
  • Others

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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