Low Intensity Sweeteners Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016
– 2024
Global Low Intensity Sweeteners Market: Overview
Low intensity sweeteners are sugar substitute that serves the purpose of sugar but has lower
calories as compared to sugar and has much lesser sweetness quotient than that of sugar. These kind
of sweeteners also has lower glycemic index which makes them low in calorie. The market for low
intensity sweeteners is expanding consistently across the globe. The market for global low intensity
sweeteners is mainly driven by rise in demand for low calorie healthier foods coupled with increase in
diabetic population across the globe. However, stringent government rules on several ingredients are
restraining the global market for low intensity sweeteners. Additionally, growth potential from emerging
markets is generating opportunities for the global low intensity sweeteners market.
The report provides an exhaustive study of the Low Intensity Sweeteners market along with offering
the market estimates, in terms of revenue (USD million) for the forecast period from 2017-2025.
Further, the global market is classified on the basis of product type, and application.
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Global Low Intensity Sweeteners Market: Trends and Opportunities
Rise in diabetic population is a major driver to the global market for low intensity sweeteners. Diabetes
has become a chronic health issue among the population and is growing steadily across the globe
and are mostly marked in the developing regions which include Asia Pacific and Middle East.
Perceived health risks associated with diabetes, obesity, and high cholesterol has led to the preference
in consumption of food and beverage products consisting of low intensity sweeteners. Manufacturers
are thus keen to satisfy the rise in demand for sugar-free products through continuous research and
development.
Innovation of new products through strategic behaviors of the manufacturers has led to the increase
in applications of low intensity sweeteners in food and beverage products. In addition, rising demand
for low-calorie foods also drives the market in a positive way. Stringent government rules and
regulations on several ingredients hinder market growth to quite some extent. There are several
regulatory bodies, such as the Food and Drug Association (FDA) that have their own regulations
regarding the utilization of low intensity sweeteners. All low-calorie sweeteners have to undergo
several tests before the approval of the FDA in order to provide safety to the population. The delays
in approval coupled with rise in cost toward introduction of new products are restraining the growth of
the global low intensity sweeteners market.