Low Intensity Sweeteners Market Analysis by Type, Application, Form, and Region

The global low intensity sweeteners market size is estimated to be valued at USD 2.9 billion in 2021. It is projected to reach USD 3.6 billion by 2026, recording a CAGR of 4.6%, in terms of value. 

The increasing awareness among consumers regarding healthier food products, rising demand for low intensity sweeteners in various food & beverage applications and growing awareness about functionalities of low intensity sweeteners in the pharmaceutical industry is driving the demand low intensity sweeteners market. The North America region will dominate the global low intensity sweeteners market due to the busy lifestyle of consumers and increase in prevalence of chronic diseases due to hectic lifestyles. Furthermore, the region is witnessing rise in awareness among consumers regarding the health benefits of reduced sugar in food & beverage products.

By type, the allulose segment is projected to grow with the highest CAGR in the low intensity sweeteners market during the forecast period

The allulose segment is expected to grow at the highest CAGR over the forecast period. The demand for allulose has increased as it is a low-calorie sugar, which has same clean and sweet taste as tabletop sugar. As in 2019, FDA officially allowed allulose to be excluded from total sugar and added sugar counts on processed food nutrition label, the market is expected to grow tremendously as it clears the path for innovation for manufacturers.   

By application, the pharmaceutical and personal care products segment is projected to grow with the highest CAGR in the low intensity sweeteners market during the forecast period

Based on application, the pharmaceutical and personal care products segment is projected to be the fastest-growing segment in the low intensity sweeteners market. Functional properties possessed by low intensity sweeteners, such as spreading capacity, workability, and good compressibility, is leading to their increasing demand in pharmaceutical and personal care product applications.

By food application, confectioneries segment is projected to grow fastest in the low intensity sweeteners market during the forecast period

By food applications, the confectioneries segment is anticipated to grow fastest over the forecast period. Low intensity sweeteners are widely used in confectionery products for imparting a blend of sweetness and extending its shelf-life. They are also used as a humectant and efficient plasticizer.

By form, dry segment is projected to account for a larger share in the low intensity sweeteners market during the forecast period

By form, the low intensity sweeteners market is segmented into dry and liquid. The dry form has higher demand among food & beverage manufacturers, as they are easier to use, and manufacturers are accustomed to using the powdered form of raw materials in food manufacturing processes as compared to the liquid form.

The Asia Pacific region is projected to grow with the highest CAGR in the global low intensity sweeteners market, in terms of value. The market in this region is witnessing a drastic transformation regarding diet diversification, rapid urbanization, and liberal trade policies in the food sector. Furthermore, a rise in consumer awareness about health issues, an increase in the inclination of consumers toward health-benefiting food products, and a surge in income and purchasing power are the major factors offering growth opportunities for low intensity sweeteners manufacturers in the region. China contributes significantly to the region’s leading position, with India and Japan being the emerging low intensity sweeteners market in the region.

Leading companies are Ingredion Incorporated (US), ADM (US), Anderson Advanced Ingredients (US), Tate & Lyle (UK), Roquette Frères (France), Matsutani Chemical Industry Co., Ltd (Japan), Whole Earth Brands (US), CJ CheilJedang (South Korea), Samyang Corporation (South Korea), Daesang Corporation (South Korea), Van Wankum Ingredients (Netherlands), Hylen Co., Ltd (China), Sweeteners Plus (US), Fooding Group Limited (China), Savanna Ingredients (Germany), Foodchem International Corporation (China), Apura Ingredients (US), Shandong Saigo Group Corporation (China), Icon Foods (US), and Bonumose Inc. (US).

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