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Sugar Alternative Market Research, Trend and Global Industry Analysis to 2023
2 Market Overview
The global sugar alternative market is witnessing a massive growth over the last decade. Growth of the sugar
alternative market is attributed to the rising incidents of obesity and diabetes among sugar consumers. These
diseases brings various chronic diseases such as kidney failure, respiratory disorders and other cardiovascular
diseases. Increasing consumer awareness is playing a crucial role to increase the demand of the sugar alternative.
As a result, the takeaway food manufacturers have started using sugar alternative instead of the normal sugar which
in turn escalates the sales of sugar alternative during the forecast period. Key players are emphasizing to promote
their new product offerings in the supermarkets & hypermarkets which is creating awareness for sugar alternative
among consumers.
Global Sugar Alternative Market is expected to grow at the CAGR of 4.65%. Sugar alternative is considered to be
as food additives or ingredients which are massively used in the food and beverages. Sugar alternative provides a
sweet taste like sugar. Sugar alternative offers less energy as compare to the sugar. Sugar alternative comes in
various forms such as powder & cube and other various forms. Sugar alternative enhances the shelf life of the
prepared food which is considered to be one of the significant reasons of the rising growth of sugar alternative.
Key Findings:
 Asia Pacific is projected to witness a massive growth during the forecast period of 2017-2023.
 China is estimated to create a favorable environment for the increasing growth of Asia Pacific region.
 North America dominates the sugar alternative market followed by Europe
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