Alternative Sweeteners Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Geographically, the North America holds the largest share owing to the rising awareness of health concern associated with the sugar consumption, which results in the growing use of alternative sweeteners in various products. The massive demand of alternative sweeteners products in the North America region is expected escalate the market growth in this region. In Addition, the Asia-pacific is expected to grow at a highest CAGR due to the population of alternative sweeteners among the consumers is rising rapidly.
Among the type, the natural sweeteners dominates the market of alternative sweeteners. The consumer’ s inclination towards the healthy and the natural food and beverages are growing very quickly, which creates the huge demand of natural sweeteners as well as the introduction of new and improved flavors are expected to contribute the growth in this market. Furthermore, the uses of artificial sweeteners is more in food industry rather than beverages.
The leading players in the global alternative sweeteners market include GNC holdings Inc., Eden Foods, Inc., Archer Daniels Midland Company, Viva Naturals, RoquetteFreres S. A., Ajinomoto Co., Inc., Ingredion Incorporated, Cargill Incorporated, Tate & Lyle plc, and DuPont Nutrition & Health.
Global Alternative SweetenersMarket Projection GLOBAL ALTERNATIVE SWEETENERS MARKET PROJECTION, 2016 – 2023( USD MILLION)
2015 2016 2017 2018 2019 2020 2021 2022 2023
Alternative sweeteners market is expected to experience rapid growth globally.
However, the market size in terms of value is expected to grow at a higher rate due to
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