Sugar Substitutes Industry Manufacturing Expenses, Raw Materials, Traders List From 2013-2024

Most health issues are found among people above 45 years of age and are expected to fuel the sugar substitute
market in the coming years. Stevia is a unique food ingredient, obtained from plants is best known for restricting
the calories in the body. It is gaining demand in the European countries since it can be added to beverages as a
sweetener in combination with sucrose. Strict safety standards is a major challenge for the sugar substitutes
players. They are required to receive approvals from authorities like Foods Standard Agency before the launch
of the product. The beverages and foods that contain artificial sweeteners must essentially follow the guidelines
imposed by the regulatory bodies concerning the quantity sweeteners to be used, labeling, marketing and the
daily average intake of sweeteners.
The sugar substitutes industry is segmented especially due to the existing of numerous large and small players
that strengthen the competition for factors like quality, price, innovation, reputation, packaging, distribution
and marketing channels. Such a penetrating competition among the players along with speedy technological
variations is a key challenge that affects the operations of the players in the sugar substitutes industry. To stand
successfully in such a competitive market, the vendors must distinguish themselves through USP (Unique Selling
Proposition).
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The sugar substitutes market is categorized on the grounds of product type, composition, application and
geography. On the grounds of product type, the market is divided into High-intensity sweeteners, Low-intensity
sweeteners and High-fructose syrups. On the grounds of composition, the industry is divided into High-intensity
sweeteners and Low-intensity sweeteners. High-intensity sweeteners can be further classified as Stevia, As per
tame, Cyclamate, Sucralose, Saccharin, Ace-K, and others. Low-intensity sweeteners can be further classified as
D-Tagatose, Sorbitol, Maltitol, Xylitol, Mannitol, Erythritol and others. On the grounds of application, the sugar
substitutes industry is divided as Beverages, Food (Confectionery, bakery, dairy and frozen foods) and Health &
Personal Care.
Geographically, the sugar substitutes market is sub-segmented as North America, Asia Pacific, Europe, Latin
America and rest of the world (RoW). The speedy growth of consuming low-caloric food is observed especially
in developing nations like Middle East, Asia-Pacific, Latin America, and Africa. This is predicted to drive the global
market. This also results in rising focus of main sugar substitute manufacturers on offering superior quality and
safe products with the help of advanced technologies. This is projected to affect the market in terms of quality
and quantity. The major players in the sugar substitutes industry are Cargill Incorporated, Tate & Lyle PLC, E. I.
du Pont de Nemours and Company, Roquette Freres S.A., and Pure Circle Ltd., Ajinomoto Co. Inc., Archer Daniels
Midland Company, MacAndrews & Forbes Incorporated, Ingredion Incorporation, and JK Sucralose
Incorporation.