Global Markets for Non-Sugar Sweeteners
October 06, 2011
Wellesley, Mass. – In a recent release, GLOBAL MARKETS FOR NON-SUGAR SWEETENERS (FOD044A) from BCC Research (www.bccresearch.com), the global market for non-sugar sweeteners totaled $9.3 billion in 2011, and is expected to hold a value of nearly $9.9 billion in 2016, increasing at a five-year compound annual growth rate (CAGR) of 1.1%.
The global market for non-sugar sweeteners can be broken down into three regions – North America, Europe, and the rest of the world.
The North American region held a value of $5.9 billion in 2011, and is expected to increase at a CAGR of 0.4% to reach $6 billion in 2016.
The European region held a value of nearly $1.9 billion in 2011, and is expected to increase at a CAGR of 1.5% to reach $2 billion in 2016.
The rest of the world held a value of $1.5 billion in 2011 and in 2016 that value should reach nearly $1.8 billion, a CAGR of 3.3%.
Non-sugar sweeteners are low-calorie substances used as sweeteners to replace sugar. These are also considered alternative sweeteners or sugar substitutes. They provide sweet taste without calories or with few calories, as most low-calorie sweeteners are not digested by the body and hence do not act as a source of calories. These sweeteners are several times sweeter than table sugar or sucrose and, due to their concentrated sweetening power, are required in small amounts to produce the same extent of sweetness.
Non-sugar sweeteners are found in a variety of foods and beverages marketed as “sugar-free” or “diet,” including soda, chewing gum, jellies, baked goods, candy, fruit juice, and ice cream. The popularity of non-sugar sweeteners is on the rise as manufacturers and consumers seek lower-calorie alternatives to regular white sugar without sacrificing sweetness.
The major driving forces for the sweetener market include rising obesity, increasing numbers of people with diabetes, and increasing health awareness. Consumers are demanding a greater variety of low-calorie products as they strive to make healthier food choices. New-age beverages, dairy products, low-calorie foods, salad dressings, and sugar-free chewing gums represent the fastest expanding markets for the sugar substitutes industry.
This report is of great interest to companies, institutions, and researchers working within the low-calorie or weight loss space, including manufacturers, wholesalers, retailers, technologists, medical service providers, universities, students, journalists, and other concerned individuals and groups. This includes businesses dealing in the food and beverage, pharmaceutical, diabetic, gym and health club, personal training, diet management, liposuction, and bariatric surgery sectors within or related to the weight-loss industry.
Global Markets for Non-Sugar Sweeteners( FOD044A )
Publish Date: Sep 2011
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