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Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....
Non-Sugar Sweeteners Market Size was valued at US$ 10.2 Mn in 2022 growing at a significant CAGR of 3.8% from 2023 to 2029. Non-sugar sweeteners are the food additives that are added in the food and beverages as the alternative to sugar which provides sweet taste. The sugars substitutes that are used in the food and beverages are produced either naturally or produced synthetically. The sugar substitutes that are produced synthetically are called as the Natural and Artificial Sweetener. The non-sugar sweeteners are typically used in diet and low calorie food and beverages. In June 2017, Zydus Wellness announced national launch of sugar free green. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. Non-Sugar Sweeteners Market research report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.
Study Period
2024-2030Base Year
2023CAGR
3.8%Largest Market
North AmericaFastest Growing Market
Europe
Increase in the prevalence of obesity and diabetes are the major factors affecting the growth of the non-sugar sweeteners market. The rising awareness among the people regarding the non-sugar sweeteners and their benefits is enriching the growth of the market. The increasing urbanization along with growing health problems and rising demand for the high intensity sweeteners are likely to enhance the growth of the market. However, the high cost of the product may hinder the growth of the market.
Geographically, global non-sugar sweeteners market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North Americanon-sugar sweeteners market is dominant when compared with that of the other regions. The rising obese patient pool and diabetic population are the factors responsible for the growth of the market in the region. According to the World Health Organization (WHO) diabetes is forecasted to be the 7th leading cause of death by 2030. The growing health consciousness and rising fitness concerns are also enhancing the growth of the market in the region. Following North America, are the regions of Europe and Asia-Pacific. The emerging countries in the Asia-Pacific region has grown at faster pace. The increasing demand of low calorie diet is expected to drive the growth of the non-sugar sweeteners market in the Asia-Pacific region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
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Report Study Period |
2024-2030 |
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Market CAGR |
3.8% |
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Non-Sugar Sweeteners Market Size was valued at US$ 10.2 Mn in 2022 growing at a significant CAGR of 3.8% from 2023 to 2029
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key Assumptions and Acronyms
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.