In
the last few years the world has witnessed drastic change in
lifestyle and eating pattern across most developed and developing
nations. While this paradigm shift is steered by adverse effects of
unhealthy living, it is here to stay as people look for an overall
better standard of living. As cutting down sweet seems easier way of
committing toward a healthy living, the prevailing environment is
highly conducive to the growth of the global low intensity sweeteners
market. Low intensity sweeteners are food additives that taste like
sugar but do not contain the same amount of calories as compared to
the latter.
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Riding
on back of the rising diabetic population worldwide and overall
initiatives to reduce burdens of obesity, the demand for low
intensity sweeteners has considerably risen. The next few years seems
much lucrative as the leading players explore opportunities across
emerging nations. They are currently investing in research and
development of novel products to cater to the spiraling demand for
sugar-free products. These activities are gaining pace across the
world as prevention of health problems such as diabetes, obesity, and
high cholesterol has become the need of the hour, thus tipping scales
in favor of the global low intensity sweeteners market. Besides this,
rising focus toward weight reduction is fostering growth in the
market.
Between
2017 and 2025, the global low
intensity sweeteners market is projected to exhibit a CAGR of
5.8%. At this the market’s valuation will reach US$2.06 bn in 2025,
from US$1.25 bn in 2016.
Some
of the most prominent names in the global low intensity sweeteners
market are Cargill Inc. (Wayzata, U.S.A), Roquette Freres Company
(Lestrem, France), Ingredion Incorporated (Westchester, Illinois,
United States), Matsutani Chemical Industry Co., Ltd. (Itami City,
Japan), E.I. Du Pont de Nemours and Company (Wilmington, Delaware,
United States), ZuChem Inc. (Chicago, IL United States), Spi Pharma
Inc., (Wilmington DE, United States), Food Chem International
Corporation (Shanghai), EcogreenOleochemicals (Singapore), Gulshan
Polyols Limited (Uttar Pradesh India).
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