What is Zero-Calorie Sweeteners Market Scope?
Increasing demand for Zero-Calorie Sweeteners due to the increasing number of diabetic patients across the world. According to WHO diabetic population has increased from 108 million cases in 1980 to 422 million in 2014, conveying a serious problem among the population. Zero-calorie sweeteners are sweeter than table sugar with zero calories which are gaining traction from food manufacturers to use zero-calorie sweetener as a substitute. Besides, increasing demand for personalized & customized products has a higher chance of hitting the right note such as people who are suffering from diabetes and other sugar-related problems in the body. Zero-calorie sweetener is also gaining the demand form the people suffering from obesity and also from health enthusiast, seeking to cut down on their calorie consumption.
The Zero-Calorie Sweeteners market study is being classified by Type (Sucralose, Aspartame, Saccharin, Cyclamate, Stevia, Acesulfame-K and Neotame), by Application (Food and Beverage Industry [Bakery, Beverages, Confectionery, Dairy], Soups, Sauces, and Dressings and Pharmaceuticals) and major geographies with country level break-up.
The global zero-calorie sweetener market is competitive with the presence of many international and domestic players. Key players in the market form joint-ventures and partnerships with small and regional publishers to gain higher market shares. major players in the zero-calorie sweeteners market are investing extensively in R&D and new product developments to produce different variants of zero-calorie sweeteners with superior quality to meet consumer needs. Research Analyst at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Zero-Calorie Sweeteners market throughout the predicted period.
Cargill Inc. (United States), Ingredion Inc. (United States), Celanese Corporation (United States), Archer Daniels Midland (United States), Tate & Lyle (United Kingdom), I. du Pont de Nemours and Company (United States), NutraSweet (United States), ZuChem Inc (United States), Nova Green Inc. (Canada) and Foodchem International Corporation (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are JK Sucralose Inc. (China), LB Industries Pvt Ltd (India), Cumberland Packing Corp (United States), Roquette Frères (France) and Ajinomoto Co., Inc. (Japan).
Analyst at AMA have segmented the market study of Global Zero-Calorie Sweeteners market by Type, Application and Region.
On the basis of geography, the market of Zero-Calorie Sweeteners has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Influencing Market Trend
- Increasing sales of organic foods and beverages containing sugar and the increasing penetration of the retail market
- Growing demand for fructose in the food and beverage industry
- Increasing cases of diabetes among the population at an alarming rate made consumers consume low or zero-calorie sugar product in their diet
- Changing consumer dynamics and increasing demand for zero-calorie and sugar-free products
- The increasing concerns regarding clean label solutions, and the complex regulatory structure in the EU and United States
Key Target AudienceManufacturer, Distributors, Suppliers, Government Regulatory Bodies, Government Research Organization, Private Research Organizations and Others
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