A Sugar Substitute modulates consumption of sugar by an individual, providing sweet flavor with low calories. This segment is poised to grow swiftly in the sweeteners market.
Sugar substitutes by type are further categorized as:
• Advantame and others
This Market is projected to cross $14 billion by 2020 growing at a CAGR of 4.8% through 2020 owing to the sedentary lifestyle and rising health awareness among the consumers.
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In this report Sugar substitutes market has been segmented by type, application and geography. Sugar substitutes on the basis of type are mainly classified into High Fructose Syrup (HFCS), High Intensity Sweetener (HIS) and Low Intensity Sweetener (LIS). End Users of Sugar Substitutes are broadly divided on the basis of pharmaceuticals, cosmetics & personal care, confectionary & baked items and others.
Sugar Substitutes Market – By Type:
• High-Fructose syrup
• High intensity Sweeteners
• Low Intensity Sweeteners
The report provides segment vise market shares of Sugar Substitutes Market for the year 2014 and projections for the forecast period of 2015-2020. The growth rates and market values of the different segments based on type, applications and geography are captured in the report. Market Forces of the Sugar Substitutes Market has also been discussed in terms of drivers, restraints and opportunities.
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Crowned players of sugar substitute industry are:
• Ajinomoto Co. Inc. (Japan)
• Cargill Incorporated (U.S.)
• E. I. Du Pont (U.S.)
• Archer Daniels Midland Co. (U.S.)
• Hermes Sweeteners Ltd. (Switzerland).
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