ALL >> General >> View Article
Sugar Substitutes Market Trends, Demands, Overview And Analysis By 2028
The sugar substitutes market is predicted to reach USD 24.3 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. By 2023, the market is expected to be worth USD 18.8 billion.
The prevalence of lifestyle diseases such as cancer, diabetes, chronic obstructive pulmonary disease, and heart disease is increasing globally, posing a significant public health threat. Non-communicable diseases cause more deaths than all communicable diseases combined, responsible for 41 million deaths annually. An unhealthy and imbalanced diet is a significant contributor to metabolic diseases. Modern eating habits, especially excessive consumption of free sugars in sugar-sweetened beverages, increase the overall calorie density of the diet without providing essential nutrients, leading to unhealthy weight gain, oral diseases, obesity, and non-communicable diseases.
The high-intensity sweeteners ...
... segment is projected to have the largest market share in the sugar substitutes market, with a CAGR of 6.2% between 2023 and 2028. The market is driven by the growing burden of non-communicable diseases, increasing demand for low-calorie sweeteners, health benefits provided by sugar substitutes, and rising demand for natural and environmentally friendly alternatives to regular sugar.
The beverage segment is expected to have the highest growth during the forecast period, with a CAGR of 5.4% in the sugar substitutes market. According to research by Deakin University, per capita consumption of non-nutritive sweeteners in beverages has grown by 36% globally between 2007 and 2019, including both synthetic sweeteners like aspartame and acesulfame-k and natural alternatives like stevia and monk fruit.
The liquid segment is anticipated to grow rapidly, with a CAGR of 5.5% during the forecast period. Liquid sugar substitutes are highly soluble and sweeter than sucrose, making them increasingly suitable for use in food and beverage production. The market is driven by increasing demand for healthy yet flavorful beverages and food products, consumer demand for healthier lifestyles, and the need to address the rising incidence of diabetes, obesity, and other metabolic diseases linked to high caloric intake.
Europe’s sugar substitutes market size was USD 3.3 billion, and it is projected to grow with a CAGR of 4.7% between 2023 and 2028. Key players in the market include International Flavors & Fragrances Inc. (US), ADM (US), Tate & Lyle (UK), Ingredion (US), and Cargill, Incorporated (US).
Add Comment
General Articles
1. Key Factors To Consider When Choosing New Home BuildersAuthor: longislandhomes
2. Revolutionizing Power Transformers: The Underrated Role Of Good Quality Filament Electrical Tape
Author: jarod
3. How To Deal With Losing Streaks In Online Rummy On Rummyprimes
Author: rummyprimes
4. Canapé Catering | Canape Delivery Service London | Canapébox
Author: any723
5. الاستثمار في فنادق عجمان: فرص واعدة مع أوطان العقارية
Author: tarek
6. Remote Control Production And Iot
Author: Melissa charm
7. What Is Commercial Agriculture? An Overview Of Modern Farming Practices
Author: peter main
8. Shifting Agriculture: A Traditional Practice In The Face Of Modern Challenges
Author: peter main
9. Agriculture Vs Horticulture: Understanding The Differences
Author: peter main
10. The Department Of Agriculture In Orlando: A Crucial Player In Florida’s Agricultural Landscape
Author: peter main
11. Exploring The Strongest Filament Tape: Setting New Standards
Author: susie
12. Gift Ideas For Women: Perfect Picks To Show You Care
Author: Flora2000
13. Best Astrologer In Kolhapur
Author: Pandith Vasudev dixith
14. The Fundamentals Of Procurement And Supply Chain Management
Author: Lanjekarmfg
15. Millionairematch’s Confidentiality Guard™: Your Shield For Secure Connections
Author: Bond