Low Calorie Sweeteners Market Information by size, share and Forecast to 2024

Market Insight

Low Calorie Sweeteners Market is estimated to grow at a CAGR of 3.8% over the forecast period. Low calorie sweeteners are compounds, which are sweet in taste but has no calorie. They help in maintaining blood glucose levels in diabetic patients. Low calorie sweeteners are helpful in restoring high blood pressure and overall health. Increasing consumption of ready to eat food, healthy products and regulatory laws, are majorly driving the growth of the market.

Low calorie sweeteners are compounds which are sweet in taste but contains no or zero calories. This inherited property makes it useful in maintaining blood glucose levels of diabetic patients over the conventional sugars. The commonly used low calorie artificial sweeteners are aspartame, neotame, saccharin, acesulfame, and sucralose. Increasing population demand for natural products has shown downfall in artificial low-calorie sweeteners as compared to the natural sweeteners. Furthermore, natural sweeteners, for instance, stevia can be used as a sugar substitutes in food & beverage and healthcare industries.

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Major Key Players

The key players profiled in the Global Low-Calorie Sweeteners Market are

• I. du Pont de Nemours and Company (the U.S.),
• Archer Daniels Midland (the U.S.),
• Tate & Lyle (U.K.),
• Cargill Inc. (the U.S.),
• Ingredion Inc. (the U.S.),
• Celanese Corporation (the U.S.),
• NutraSweet (the U.S.)

Segments

Global Low Calorie Sweeteners Market is segmented based on type, which include artificial and natural. Among them, the artificial low-calorie sweeteners occupy a major share of the globe market because of low-cost. Rising health concerns and more inclination towards the use of natural products has led the food & beverage companies to switch for low-calorie substitutes or alternative for sugar.

Low calorie sweeteners market is segmented based on application, which comprises food & beverage, pharmaceutical, personal care products, and others. Among them, the food & beverage occupy a major share of the global market owing to increasing demand for convenience food.

Regional Analysis

Global Low-Calorie Sweeteners Market is segmented into Europe, Asia Pacific, North America and Rest of the World (RoW). Among these, North America is estimated to retain its dominance throughout the forecast period 2017-2024. The increasing consumer awareness and the demand for convenience food are some of the significant reasons for the growing use of natural Low-calorie sweeteners-based products in the North American market. However, Asia Pacific region is estimated to witness a maximum growth in the global low-calorie sweeteners market during the forecast period 2017-2024. The major importers of low-calorie sweeteners includes Mexico, Germany, Philippines, the U.K. and France.

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