According to the recent study the sweetener in the global food additive market is projected to reach an estimated $23 billion by 2028 from $18.5 billion in 2023, at a CAGR of 4.5% from 2023 to 2028. Growth in this market is primarily driven by increasing disposable income and rising demand for processed and packaged foods in the developed and developing regions.
A more than 150-page
report is developed to understand trends, opportunities and forecast in
sweetener in the global food additive market by product type (sucrose, starch
sweeteners and sugar alcohols, and high-intensity sweeteners), application
(bakery & confectionery, beverages, dairy & frozen products, and
poultry & sea food products), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Download sample report by clicking
on below link
https://www.lucintel.com/sweetener-in-food-additive-market.aspx
“Sucrose market is expected to remain
the largest segment during the forecast period.”
Based on product type,
the sweetener in the global food additive market is segmented into sucrose,
starch sweeteners and sugar alcohols, and high-intensity sweeteners. Lucintel
forecasts that the sucrose market is expected to remain the largest segment as
consumption of these sweetener has 11% less risk of having type 2 diabetes than
those who consumes the least.
“Within the sweetener in the global food additive market, the bakery
& confectionery segment is expected to remain the largest application.”
Based on application the
bakery & confectionery segment is expected to witness the highest growth
over the forecast period due to increasing demand of natural and organic
ingredients, such as stevia, which is mostly adopted by bakery and
confectionery producers.
“Asia pacific will dominate the sweetener in the global food
additive market in near future.”
Asia Pacific is expected
to remain the largest region during the forecast period due to increasing
consumption of sugar-enriched food and beverages products and market players
are focusing on research and development so as to innovate new type of
sweeteners.
Download Brochure of this report by clicking on https://www.lucintel.com/sweetener-in-food-additive-market.aspx.
Major players of
sweetener in the global food additive market are adopting various growth
strategies like new product launches, expansions, merger and acquisitions,
partnerships, agreements, and collaborations to expand their presence in this
market. E.I. DuPont, Archer Daniels Midland, Ingredion Incorporated, Ajinomoto
Co., Tereos SA, S &W Seed Company, Celenaese Corp, and Tate & Lyle are
among the major sweetener in the global food additive providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/sweetener-in-food-additive-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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