March 25, 2019
WELLESLEY, Mass., March 25, 2019— A new report from BCC Research, “Global Markets for Non-sugar Sweeteners,” estimates that by 2023, the global market for non-sugar sweeteners will reach $16.5 billion, up from $14.4 billion, indicating a compound annual growth rate (CAGR) of 2.7%.
Non-sugar sweeteners are sugar substitutes that provide the sweetness of sugar with fewer calories. The three major types of non-sugar sweeteners are: high-fructose corn syrup (HFCS), high-intensity sweeteners (HIS) and low-intensity sweeteners (LIS).
“Major factors driving demand for non-sugar sweeteners are changing eating habits, the increasing risk of diabetes and increasing health awareness…awareness about the harmful effects of sugar intake, such as lowered cognitive abilities, inflammations and blood pressure, among others, are also driving demand,” said BCC Research analyst Aneesh Kumar.
Potential Harmful Side Effects
While artificial sweeteners are useful for weight control and are safe for diabetic patients to consume, they may have undesirable side effects. For example, the National Cancer Institute has said that it’s possible that artificial sweeteners are associated with cancer.
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Global Markets for Non-sugar Sweeteners( FOD044C )
Publish Date: Mar 2019
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