Global Low Intensity Sweeteners Market is Valued US$2.06 Bn by 2025 Thanks to Highly Changing Eating Habits – TMR

Riding on back of the rising diabetic population worldwide and overall initiatives to reduce burdens of obesity, the demand for low intensity sweeteners has considerably risen.


Albany, New York, Dec. 20, 2018 (GLOBE NEWSWIRE) -- The vendor landscape in the global low intensity sweeteners market features high degree of consolidation on account of a relatively few players holding the major share of the overall market. Transparency Market Research (TMR) finds that the top four players—Roquette Freres, Ingredion Incorporated, DuPont, and Cargill, Inc.—accounted for the whopping share of nearly 90.0% in the global low-intensity sweeteners market in 2016. These companies have focused on expanding their product portfolio and have made sizeable investments in research and development activities, in order to stay ahead of others. Several players are also engaged in expanding their manufacturing capacities, especially for high-quality products, to consolidate their positions in the global low-intensity sweeteners market. Marked level of consolidation notwithstanding, the low-intensity sweeteners market is likely to witness increased level of competition in the not-so-distant future.

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The global low-intensity sweeteners market was worth US$1.25 billion in 2016. The opportunities in the global market is projected to rise to US$2.06 billion by 2025 end, garnering a CAGR of 5.8% during 2017–2025.

Among the various key product types, xylitol accounted for the major share in 2016 in the low intensity sweeteners market and its demand is expected to rise at substantial pace over the assessment period. This is attributed to the extensive demand for xylitol as low-intensity sweeteners in the food and beverage industry, world over.

Regionally, Asia Pacific presently holds the sway in the global low-intensity sweeteners market and the regional market is projected to rise at the leading CAGR during 2017–2025. Rapidly changing food habits, coupled with rising investment on producing novel low-intensity sweeteners, is expected to drive its growth.

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Rising Epidemic of Obesity to fuel Demand for Low-Intensity Sweeteners

The substantial demand for sugar substitutes with a very low glycemic index to address weight-related concerns is a key factor driving the demand for low- intensity sweeteners. The low- intensity sweeteners market is also driven by the rising epidemic of obesity, coupled with rising awareness of nutritional interventions among worldwide populations to counter the problem. The rising used of low-calorie sweeteners for managing blood glucose level is a notable trend bolstering the demand for low-intensity sweeteners.

In recent years, there has been a perceptible shift in eating habits toward low-calorie diets, mainly on accounting of rising risk of obesity and diabetes. This is catalyzing the rapid expansion of the low-intensity sweeteners market. The rising demand for tooth-friendly dental products is also likely to boost the demand for low-intensity sweeteners in various parts of the world.

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Lengthy Product Approvals hampers Revenue Generating Potential of Market

Scores of clinical studies have found that low-intensity sweeteners are effective in reducing blood glucose levels in healthy subjects. This has offered a rapid momentum to the growth of the low-intensity sweeteners market. However, prolonged product approvals due to strict regulatory regimes in various key regions have hampered the prospects of the market. Moreover, the use of low-intensity sweeteners may also lead to rise in costs of food products, thereby making affordability a key concern for manufacturers.

Nevertheless, companies in the low-intensity sweeteners market are actively working on bring down the production costs and launch cost-effective products. In addition, rising awareness about the role of low-intensity sweeteners in meeting various fitness goals in populations of developing and developed countries will create exciting avenues in the global market.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Low-intensity Sweeteners Market (Product - Tagatose, Xylitol, Trehalose, Allulose, and Isomaltulose; Application - Beverages, Confectionery, Pharmaceutical, and Dairy Products) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025.”

The global low intensity sweeteners market is segmented based on:

Product Type

  • Tagatose
  • Xylitol
  • Trehalose
  • Isomaltulose
  • Allulose

Application

  • Beverage
  • Confectionery
  • Pharmaceutical
  • Dairy Products

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