Global Food Sweetener Market Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The “Global Food Sweetener Market - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
Sweetness-enhancing components have a long history of usage. In recent times, highly dynamic scenario, as consumers expect an increasing array of attributes from the products they consume, the food industry has taken a step ahead to deliver sweetener ingredients from a myriad of sources with wide-ranging properties.
World sugar production is projected to grow by 2.1% p.a. to reach 210 Mt by 2025, up nearly 38 Mt, 19% above the average for the base period. Higher growth is expected to occur in developing countries with more than 70% of the global sugar production in 2025, compared to 75% during the base period.
While increasing concerns regarding clean label solutions and the complex regulatory structure in EU and United States may impede the market growth, product innovation and growing demand for non-caloric sweeteners would help the market grow further during the forecast period.
The North American market is one of the largest consumers of food sweeteners. However, due to the saturated demand in the western countries, the growth rate in the coming years is expected to increase slowly compared to that of the emerging countries. Consumption of high-intensity sweeteners in the United States and Canada is expected to remain steady, as the diet beverage market, the largest application, has already matured.
Companies MentionedAjinomoto Archer Daniels Midland Cargill Inc. Celanese Corporation DuPont -Danisco GLG Life Tech Ingredion Kerry Group Pure Circle Roquette Frres S.A. Suedzucker Tate & Lyle Plc.
Key Topics Covered:
2. Research Approach and Methodology
3. Key Findings
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
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View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005625/en/
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Related Topics:Sugar and Sweeteners,Food Additives
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 05/16/2018 06:51 AM/DISC: 05/16/2018 06:51 AM