Global Sugar Substitute Market: An Analysis - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-21 18:13:01
The sugar substitute market mainly consists of high fructose syrup (HFCS), high intensity sweetener (HIS) and low intensity sweetener (LIS). The HIS segment (non-calorific) is the fastest growing segment among all other sugar substitutes.
As rising level of obesity and diabetes continue to dominate, emphasis on reducing caloric intake as well as consuming healthier food and beverages is increasing which in turn driving the sales of sugar substitutes. North America dominates the sugar substitute market driven by downstream industries like food, beverages and pharmaceuticals.
Within the High Intensity Sweetener market, sucralose holds the largest consuming share followed by aspartame, saccharine, cyclamate, natural HIS (stevia), Ace-K and Neotame. Stevia (natural HIS) is gaining quick acceptance all across the globe because of the various health benefits associated with it.
Global HFCS production and consumption both increased in 2012 mainly due to increased demand from beverage, foods-processing, diary and confectionery industries. Countries like Thailand, Turkey, Philippines, Colombia and Vietnam where HFCS penetration is still low offer huge opportunity to expand. Among the LIS, sorbitol is the most used polyols among all others. Major manufacturers of sugar substitutes include Tate and Lyle, PureCircle Ltd, DuPont, S&W Seed Company etc.
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