Low
intensity sweeteners are sugar substitute that serves the purpose of
sugar but has lower calories as compared to sugar and has much lesser
sweetness quotient than that of sugar. These kind of sweeteners also
has lower glycemic index which makes them low in calorie. The market
for low intensity sweeteners is expanding consistently across the
globe. The market for global low intensity sweeteners is mainly
driven by rise in demand for low calorie healthier foods coupled with
increase in diabetic population across the globe. However, stringent
government rules on several ingredients are restraining the global
market for low intensity sweeteners. Additionally, growth potential
from emerging markets is generating opportunities for the global low
intensity sweeteners market.
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The
report provides an exhaustive study of the Low Intensity Sweeteners
market along with offering the market estimates, in terms of revenue
(USD million) for the forecast period from 2017-2025. Further, the
global market is classified on the basis of product type, and
application.
Rise
in diabetic population is a major driver to the global market for low
intensity sweeteners. Diabetes has become a chronic health issue
among the population and is growing steadily across the globe and are
mostly marked in the developing regions which include Asia Pacific
and Middle East. Perceived health risks associated with diabetes,
obesity, and high cholesterol has led to the preference in
consumption of food and beverage products consisting of low intensity
sweeteners. Manufacturers are thus keen to satisfy the rise in demand
for sugar-free products through continuous research and development.
Innovation
of new products through strategic behaviors of the manufacturers has
led to the increase in applications of low intensity sweeteners in
food and beverage products. In addition, rising demand for
low-calorie foods also drives the market in a positive way. Stringent
government rules and regulations on several ingredients hinder market
growth to quite some extent. There are several regulatory bodies,
such as the Food and Drug Association (FDA) that have their own
regulations regarding the utilization of low intensity sweeteners.
All low-calorie sweeteners have to undergo several tests before the
approval of the FDA in order to provide safety to the population. The
delays in approval coupled with rise in cost toward introduction of
new products are restraining the growth of the global
low intensity sweeteners market.
The
study provides insights into opportunities prevalent for the market
in regions such as North America, Europe, Asia Pacific, Latin America
and Middle East and Africa. Asia Pacific is the most dominant region
in the global market as well as the most rapid growing region. North
America includes the U.S. and Rest of North America. The U.S. held
the most dominant market share and it is also the most rapid growing
country. Europe includes U.K., Germany, France, Russia, Italy and
Rest of Europe. Rest of Europe held the most dominant share in the
European market. Italy is the most rapid growing country during the
forecast period. Asia Pacific includes countries such as India,
China, Japan and Rest of Asia Pacific. Rest of Asia Pacific is the
most dominant country in the region whereas India is the fastest
growing region in the Asia Pacific region. In addition, Middle East
and Africa includes country such as UAE, South Africa and Rest of
Middle East and Africa. Latin America comprise of countries such as
Brazil and Rest of Latin America.
A
competitive analysis of all the leading players is included in the
report. The leading players include Cargill Inc., Roquette Freres
Company, Ingredion Incorporated, Matsutani Chemical Industry Co.,
Ltd., E.I. Du Pont de Nemours and Company, ZuChem Inc., Nova Green
Inc., Foodchem International Corporation, Ecogreen Oleochemicals and
Gulshan Polyols Limited among others.
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