Global zero-calorie sweetener market dominated by Cargill Inc., Cumberland Packaging Corp., Merisant Co., and Tate & Lyle plc in 2013
Global Zero-calorie Sweetener Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-11 09:47:02
The Global Zero-calorie Sweetener market is forecast to grow at a CAGR of 4.69 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing health-consciousness across the world. The Global Zero-calorie Sweetener market has also been witnessing the rise in consumer income levels in emerging countries. However, the negative criticisms about artificial sweeteners could pose a challenge to the growth of this market.
Key vendors dominating this space are Cargill Inc., Cumberland Packaging Corp., Merisant Co., and Tate & Lyle plc.
Other vendors mentioned in the report are Archer Daniels Midland Co., Celanese Corp., Evolva Holding SA, Hermes Sweetener Ltd., Ingredion Inc., JK Sucralose Inc., McNeil Nutritionals LLC, PureCircle Ltd., Roquette Group, The NutraSweet Co., and Zydus Wellness Ltd. .
The following companies represent the key players in Global Zero-calorie Sweetener Market: Cargill Inc., Cumberland Packaging Corp., Merisant Co., and Tate & Lyle plc.
One of the key trends in the Global Zero-calorie Sweetener market is the rising consumer income levels in many emerging countries such as China, India, and Brazil. Ongoing economic development has led to an increase in urbanization and consumer income levels in these countries are also rising, thereby increasing purchasing power. Consumers´ increasing income has made it easy for them to afford products based on zero-calorie sweeteners which are priced higher than other food and beverage products. The APAC region is expected to be the fastest growing market for zero-calorie sweeteners during the forecast period. Hence, rising consumer income levels will lead to an increase in the demand for zero-calorie sweeteners products in these countries.
The growth of the Global Zero-calorie Sweetener market is driven by several factors, including the growing health-consciousness across the world. As zero-calorie sweeteners deliver sweetness without adding calories, they are used by those who are health-conscious.
Further, one of the main challenges hindering the growth of this market is the negative criticism of artificial sweeteners. Vendors are facing lawsuits as well as negative criticism from public bodies such as consumer rights forums for making false claims about their products.
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