The global artificial sweetener market is projected to grow at a CAGR of 4% to 6% from 2021 to 2026. The growth of artificial sweetener market is driven by increasing health awareness, prevailing lifestyle diseases, weight loss practices, and the demand for low calorie desserts and sugar-free products.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global artificial
sweetener market by type (aspartame, acesulfame-k, monosodium glutamate,
saccharin, and sodium benzoate), application (bakery items, dairy products,
confectionery, beverages, and others), distribution channels (supermarkets
& hypermarkets, departmental stores, convenience stores, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the artificial sweetener market?
Q.4 What are some
changing demands of customers in the artificial sweetener market?
Q.5 What are the new
developments in the artificial sweetener market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this artificial sweetener area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this artificial sweetener market?
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Market Segmentation:
Based on type, the artificial sweetener market is segmented into aspartame,
acesulfame-k, monosodium glutamate, saccharin, and sodium benzoate. The aspartame
segment accounted for the largest share of the market in 2020 and is expected
to register the highest CAGR during the forecast period, due to its application
as high-intensity sweetener in food and beverages.
Asia Pacific will remain the largest region during the forecast
period due to an increase in health awareness, changing lifestyles leading to
increased intake of convenience foods, and improved economic conditions.
Key Players in the
artificial sweetener market are Nestlé, Tate & Lyle, Wilmar International,
Ingredion Incorporated, E.I Dupont De Numours and Company, Cargill, Associated
British Foods, Archer Daniels Midland, Ajinomoto Corporation, and Raizen.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/artificial-sweetener-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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