High Intensity Sweeteners (HIS) Market
worth $13.7 Billion By 2018
The report " Sugar Substitute Market - By Types (HFS, HIS & LIS), Subtypes (Stevia,
Sorbitol, Tagatose, Aspartame, Saccharine, Sucralose, Xylitol & Others) & Applications
(Healthcare & Personal Care, Beverage & Food) - Global Trends, Forecasts to 2018"
defines and segments the global sugar substitute market with analysis of current demand and
forecasted consumption in terms of volume and revenue. It also identifies the driving and
restraining factors for the global sugar substitute market with analysis of trends, opportunities,
burning issues, winning imperatives, and challenges. The market is segmented on the basis of
types, subtypes and application segments for sugar substitutes.
The sugar substitute market was estimated at $10.5 billion in 2012. This value is expected to
increase to $13.7 billion by 2018, with 4.5% CAGR for the forecasted period. North America
was expected to lead the global sugar substitute market with share of 49.0% followed by AsiaPacific (21.4%), and Europe (20.9%) in terms of revenue in the year 2012.
Browse 143 market data tables with 35 figures spread through 354 pages and in-depth TOC on
High Intensity Sweeteners (HIS) Market - By Types (HFS, HIS & LIS), Subtypes (Stevia,
Sorbitol, Tagatose, Aspartame, Saccharine, Sucralose, Xylitol & Others) & Applications
(Healthcare & Personal Care, Beverage & Food) - Global Trends, Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/sugar-substitute-market-1134.html
Early buyers will receive 10% customization of report.
Sugar substitute products regulate the sugar intake by consumers and hence, play an important
role in the health and well-being of an individual. Potential benefits of consuming these
substitutes are highly valuable for all stake holders involved. However, various types and
specific characteristics of each type restrict the applicability of these products in a generic
manner. In-depth research on these components over the years have resulted in innovating
successful formulations for each application and commercializing these.
North American markets approach maturity in this industry. However, it has been revived by the
surge in demand for stevia and other polyols. Most of the countries in the Asia-Pacific and ROW
regions are still at its developing stage. Rising population and resultant demands for food
production drive the markets in these developing regions. China and India are at the forefront of
this growth trend. It is, however, the stevia market in Europe which has given a major boost to
the regional as well as the global market. The flourishing food processing industry and the
increasing consumer awareness regarding benefits of sugar substitutes are key elements that
drive the markets in these regions.