Low-Intensity Sweeteners Market Size, Share, Growth Report 2032

Low-Intensity Sweeteners Market

Global Low-Intensity Sweeteners Market By Type (Xylitol, Tagatose, Allulose, Others) By Application (Bakery, Beverages, Confectionery, Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028

Category: Food & Beverage Report Format : PDF Pages: 145 Report Code: ZMR-1801 Published Date: Jul-2021 Status : Published

The Global Low-Intensity Sweeteners Market accounted for USD 1.55 Billion in 2020 and is expected to reach USD 2.24 Billion by 2028, growing at a CAGR of 4.6% from 2021 to 2028.

Low-Intensity Sweeteners Market

Market Overview   

The Global Low-Intensity Sweeteners Market accounted for USD 1.55 Billion in 2020 and is expected to reach USD 2.24 Billion by 2028, growing at a CAGR of 4.6% from 2021 to 2028.    

Rising demand for healthy and low-calorie food & beverages is predicted to bolster the expansion of the worldwide low-intensity sweeteners market within the forecast period. Low-intensity sweeteners are growing rapidly and can still do so within the coming years. Asia Pacific region dominates the low-intensity sweeteners market in 2014, thanks to increasing demand for low-calorie food and natural sweeteners. In the Asia Pacific region, China was the main marketplace for low-intensity sweeteners market. North America is predicted to possess moderate growth within the near future. Low-intensity sweeteners demand for confectionery products will drive growth within the European region. Europe is that the second largest marketplace for low-intensity sweeteners.

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COVID-19 Impact Analysis:

The Global  Low-Intensity Sweeteners Market has witnessed a decrease in the sales for overall food and beverages products due to the lockdown enforcement placed by governments to contain COVID spreading. People had no option but to remain indoors, so the consumption of products had decreased drastically. The restrictions imposed by various nations to contain COVID had stopped the production resulting in disruption across the whole supply chain. However, the world markets are slowly opening to their full potential, and theirs a surge in demand for Global Low-Intensity Sweeteners.

Growth Factors

In recent years, there has been an unceasing rise in life expectancy and more attention to quality. Consumers are progressively becoming more aware of their health and have started paying more attention to their lifestyles and healthy diets, which has rushed the demand for Global Low-Intensity Sweeteners across the globe. Also, the young generation giving more importance to their fitness may drive the market growth in a positive way within the near future. Growing interest, increasing healthcare expenditure, and rising awareness among people regarding proper diet which advances a system are a number of the key factors boosting the worldwide market.

Report Scope:

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Segment Analysis Preview

Based on the type, the low-intensity sweeteners market can be segmented into xylitol, tagatose, allulose, trehalose, isomaltulose. Among types, xylitol accounted for the largest market share in 2020. Xylitol maintains low easy digestion, low glycemic index, lower calories, and has multiple uses across various applications. The Asia Pacific dominates low-intensity sweeteners production supply with xylitol. 

The low-intensity sweeteners market is also categorized based on application into the bakery, beverages, confectionery, table-top sweetener, pharmaceuticals, and other low-intensity sweeteners applications. Among all applications, beverages have a major application share. Type of low-intensity sweeteners includes xylitol, tagatose, allulose, trehalose, isomaltulose which are majorly used in beverages. Increasing demand for low-calorie food and beverages will drive the low-intensity sweeteners market. 

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Regional Analysis Preview

Globally, the low-intensity sweeteners market was dominated by the Asia Pacific region in 2018. Growing demand for healthy and low-calorie food and beverages in the Asia-Pacific region drives the low-intensity sweeteners market. China was the major market for low-intensity sweeteners in the Asia Pacific region. After the Asia Pacific, North America is also a leading region in the low-intensity sweeteners market. The US has proved to be the largest consumer, experiencing the highest demand for these products in the region, owing to growing health consciousness and increasing disposable income of consumers. In Latin America, Brazil is a major supplier of sucrose and is expected to gain market share during the forecast period. 

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Key Market Players & Competitive Landscape

Some of the key players operating in the market are Cargill Inc., Ingredion, Roquette Freres SA, Matsutani, Sudzucker AG, Tate and Lyle, Purecircle, and Mitsui. The key players focus on boosting their network to meet growing demand. After the Asia Pacific, Europe is the second-largest market for low-intensity sweeteners. 

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.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

The Global Low Intensity Sweeteners Market was valued at USD 1.55 billion in 2020.

The Global Low Intensity Sweeteners Market is expected to reach USD 2.24 billion by 2028, growing at a CAGR of 4.6% between 2021 to 2028.

People preferring to prevent diseases by consuming healthy and nutritional food rather than keeping ill due to various diseases may act as the growth factor of the global market. Young generation giving more importance to their fitness may drive the market growth in a positive way in the near future. 

Asia Pacific in 2020 ruled the  Global Low Intensity Sweeteners Market and was believed to be the highest income-generating area all over the globe.  

Some of the key players operating in the market are Cargill Inc., Ingredion, Roquette Freres SA, Matsutani, Sudzucker AG, Tate and Lyle, Purecircle, and Mitsui. The key players focus on boosting their network to meet growing demand. After Asia Pacific, Europe is the second largest market for low intensity sweeteners.

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