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Low Intensity Sweeteners Market Size

  • Report ID: GMI7613
  • Published Date: Dec 2023
  • Report Format: PDF

Low Intensity Sweeteners Market Size

Low Intensity Sweeteners Market size was valued at USD 3.1 billion in 2023 and is estimated to expand at 4.7% CAGR from 2024 to 2032. Consumer awareness towards health issues such as diabetes and obesity drive markets. The increasing demand for sugar-reduced products in food and beverage industry along with the government’s sugar reduction encouragement drives the market development.

 

Consumption of low glycemic index sweeteners that reduce caloric intake adds appeal. Moreover, increasing health awareness and desire of living a healthy lifestyle led to increased consumption of low intensity sweeteners across different food and beverage categories.

 

One potential pitfall in the low intensity sweeteners industry is the taste challenge, as certain substitutes might introduce an aftertaste or altered flavor profile in products, potentially impacting consumer acceptance and product appeal.

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of low intensity sweeteners reached USD 3.1 billion in 2023 and is set to cross USD 4.7 billion by the end of 2032, due to the growing consumer awareness of health issues, such as diabetes and obesity.

The synthetic source segment recorded around 66% of the market share in 2023 and is expected to grow at a lucrative pace by 2032, owing to increasing preference for clean-label products and healthier alternatives.

U.S. market was valued at USD 953.5 million in 2023, attributed to increasing consumer awareness regarding health concerns related to high-calorie sweeteners like sugar.

Some of the leading market players are Cargill, Ingredion Incorporated, Tate & Lyle PLC, Archer Daniels Midland Company (ADM), PureCircle, Roquette Fr

Low Intensity Sweeteners Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 180
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