A
new report by Transparency Market Research (TMR), titled “Non Sugar
Sweeteners Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 – 2024” provides analysis of various
factors promoting the growth of the global market. The growth
exhibited by the market over the years is evaluated using
industry-leading analytical tools. Porter’s five forces is
conducted to gauge the bargaining power of buyers and suppliers,
degree of competition, and threat of new entrants. The actionable
insights thus provided in the report can form the basis of reliable
forecasts regarding potential growth of the market between 2016 and
2024.
Download
exclusive Sample of this
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1009
The
drastically changing patterns of lifestyle is the chief factor
driving the global non-sugar sweetener market. In the last couple of
years, the improving GDP and rising expendable income have allowed
customers to indulge in unhealthy food habits. This, combined with
the pandemic of sedentary lifestyle has become the root-cause of
numerous chronic ailments. According to the World Health
Organization, diabetes which is known as one of the most prevalent
lifestyle disorder will become the 7th
leading cause of deaths worldwide by 2030.
Considering
the urgency the situation demands, healthcare institutions and
professionals around the world are campaigning against obesity and
encouraging to lose weight using natural methods. These factors
collectively aided the rising intake of non-sugar sweeteners. As
consumers around the world replace sugar owing to its fattening
properties with non-sugar sweeteners, the demand for the same is
poised to surge in the coming years.
The
growing prevalence of diabetes and obesity are the key factors
driving the global non-sugar sweeteners market. Both these conditions
require patients to lose weight for better health, which can be
achieved by eliminating the intake of sugar in any form from the
daily diet. It has therefore resulted in an increasing number of
people opting for non-sugar sweeteners.
The
global
non-sugar sweetener market currently offers two kinds of products
namely synthetic and natural non-sugar sweetener. The natural
non-sugar sweeteners include sorbitol, thaumatin, stevia, and
tagatose. Similarly, the synthetic non-sugar sweetener segment
consists of aspartame, saccharin, sucralose, and neotame. Consumers
struggling with the sweet cravings while trying to shed a few pounds
often end up opting for various sweet food products. They are
therefore contributing to the demand, by using non-sugar sweeteners
in baked products, confectionaries, beverages, and desserts. This
will provide enterprises operating in the market with opportunities
to capitalize on in the near future.
Regionally,
North America holds dominance in the global non-sugar sweeteners
market since the region witnesses a high prevalence of diabetes and
obesity. Other lucrative regional markets are Asia Pacific, Europe,
and Rest of the World.
Some of the prominent enterprises operating in the market are Danisco A/S, Zydus Wellness Ltd., Merisant Worldwide Inc., JK sucralose Inc., Roquette, Imperial Sugar Co., Dulcette Technologies LLC, Nutrasweet Co., and others.
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