DUBLIN--(BUSINESS WIRE)--Sep 7, 2018--The "Sugar Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The global sugar substitutes market reached a value of US$ 14.4 Billion in 2017. The market value is further expected to reach US$ 18.3 Billion by 2023, exhibiting a CAGR of 4.1% during 2017-2023.

Sugar substitutes refer to food additives which are used to sweeten or enhance the flavour of food without adding sugar. They are also known as non-caloric or artificial sweeteners. Stevia, saccharin, sucralose, acesulfame, aspartame, and neotame are some the popular sugar substitutes.

They are used in light, reduced calorie, and sugar-free foods and drinks, such as canned foods, baked goods, candies, soft drinks, dairy products, powdered drink mixes, puddings and jellies. Nowadays, food and beverage manufacturers are increasingly replacing sugar with sugar substitutes in a range of products as consumer preferences shift towards healthier foods.

Global Sugar Substitutes Market: Drivers

In light of the global prevalence of obesity and overweight, and its negative impact on health, there has been a growing trend of health and fitness consciousness among consumers who are looking for ways to reduce their sugar intake and avoid the negative health effects of excess weight gain.

The prevalence of diabetes has been increasing across the globe with around 425 Million adults currently suffering from the disease. By limiting their sugar intake with sugar substitutes, diabetes patients can enjoy a varied diet while closely controlling their sugar levels.

Sugar substitutes also prevent tooth decay. The bacterium that is present in dental plaque metabolizes sugar and releases acid that can damage the teeth enamel. Sugar substitutes such as stevia, on the other hand, provide active dental benefits and hinder the formation of plaque.

Some of the other factors bolstering the market growth include rising consumer incomes, new product launches and regulatory trends such as introducing sugar taxes, etc.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Sugar Substitutes Market

6 Market Breakup by Product Type

7 Market Breakup by Application

8 Market Breakup by Origin

9 Market Breakup by Region

10 Sugar Substitutes Manufacturing Process

11 Competitive Landscape

Tate & Lyle Cargill Purecircle Roquette Frres DuPont Archer Daniels Midland Company Ajinomoto Co. Inc. Ingredion Flavors Holding Jk Sucralose.

For more information about this report visit https://www.researchandmarkets.com/research/8txjr8/global_sugar?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180907005414/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Sugar and Sweeteners

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/07/2018 01:32 PM/DISC: 09/07/2018 01:31 PM

http://www.businesswire.com/news/home/20180907005414/en