As per the latest report by IMARC Group, titled “Sugar Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global sugar substitutes market size reached US$ 15.7 Billion in 2019. Sugar substitutes are chemical or plant-based substances that replicate the taste of sugar. They are non-nutritive, high-intensity sweeteners, which are utilized for sweetening or enhancing the flavor of different food products and beverages, such as jellies, candies, puddings, canned food, baked goods, dairy products, soft drinks and powdered drink mixes. They are around 200 times sweeter than sugar and can help in weight loss, promoting dental health and maintaining the blood sugar levels.
Global Sugar Substitutes Market Trends:
Rapid urbanization, sedentary lifestyles and the increasing consumption of sugar-loaded products are resulting in the growing prevalence of obesity and other chronic diseases across the globe. As a result, individuals are making healthier choices and gravitating towards low-calorie products, which in turn is strengthening the sugar substitutes market growth. Apart from this, as the consumption of sugar results in tooth decay since the bacteria present in dental plaque metabolize sugar and release acid that can damage the teeth enamel, the demand for sugar substitutes is escalating worldwide. This can also be accredited to the dental benefits offered by sugar substitutes like stevia and their assistance in hindering the formation of plaque. Further, prominent vendors operating in the food and beverage (F&B) industry are replacing conventional sweeteners with artificial sweeteners in a diverse range of products to introduce low-calorie product variants and expand their existing consumer base. Looking forward, the market value is projected to reach US$ 19.8 Billion by 2025, growing at a CAGR of 3.8% during the forecast period (2020-2025).
Market Summary:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91-120-433-0800 )
Drop us an email at
sales@imarcgroup.com