Global Artificial Sweeteners Market Expected to Acquire Revenue Over US$ 19,100 Mn by 2026-end

Published on : Aug 10, 2018

Albany, New York, August 10, 2018: With the rising awareness associated to well-being and healthy living together with the mitigation of lifestyle diseases, a major share of global consumers are preferring the use of low-sugar diets. Interestingly, growth in demand for artificial sweeteners has increased significantly due to these health concerns. In order to study the overall market scenario prevailing in the artificial sweeteners market a new research report has been included to the wide database of Market Research Hub (MRH). This analysis is titled “Artificial Sweeteners Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)”, which discusses the present as well as future market status of the concerned market until 2026. According to research understandings, the global artificial sweeteners market is anticipated to acquire a value of over US$ 19,100 Mn during the forecast period.

It has been noticed that, artificial sweeteners continue to experience significant demand in the beverage industry associated to the production of soft drink varieties. However, rising concerns among health-conscious customers, especially across Europe and North America is likely to hinder growth of the global artificial sweeteners market. The research report does include a brief section which discusses the market dynamics to enlighten the readers. In addition, vital factors such as market size (US$ Mn), Y-o-Y growth, PESTLE analysis and Porter’s Five Force analysis are included to present a precise update about the global artificial sweeteners market.

The prevalence of obesity and interrelated conditions such as diabetes will continue to push demand for artificial sweeteners across the food industry. Moreover, demand for artificial sweeteners is projected to remain high in the beverage industry. With mounting health concerns budding among customers, the manufacturers in the beverage industry are anticipated to counter substantial demand for artificial sweeteners. Further to expand customer base, the prime companies from the beverage industry are picking artificial sweeteners for producing baked food products, ice-creams and beverages. At present, aspartame, saccharin, sucralose and neotame are some of the main artificial sweeteners which are used as a substitute for sugar in the food and beverage industry. Out of these, the aspartame segment is likely to highlight the highest revenue growth, accounting for a value beyond US$ 6,500 Mn by 2026-end.

The final section of the report targets the leading market players functioning in the global artificial sweeteners market such as MacAndrews & Forbes Incorporated, Niutang Chemical Ltd., Tate & Lyle PLC, Cargill, DuPont, Incorporated, Archer Daniels Midland Company, Ajinomoto Co., Inc., Nestl S.A., Symrise AG, Wilmar International Limited, Associated British Foods PLC, Ingredion Incorporated, American Sugar Refining, Inc. and Roquette Frres.

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