Sweeteners Market Overview, Industry Size, Share, and Trends by 2028
Global sweeteners market anticipates reaching USD 125.1 billion by 2028, with a 3.1% CAGR from 2023 to 2028. Beyond food and beverages, sweeteners influence personal care and pharmaceuticals, enhancing taste without the drawbacks of sugar. Download PDF Brochure Subsections: Personal Care Impact: Sweeteners, like xylitol, find applications in oral care products, chewing gums, and cosmetics. Pharmaceutical Palatability: Sucralose, aspartame, and saccharin improve medication taste, especially for pediatric formulations. Drivers: Sweeteners respond to the global rise in obesity and diabetes, providing low-calorie and sugar-free alternatives. Restraints: Consumer ambiguity on natural sweeteners hampers market growth, driven by varied interpretations and taste concerns. Opportunities: Government regulations on sugar content create a demand for healthier alternatives, opening avenues for sweetener innovation. Challenges: Product labeling issues pose challen...