U.S (New York)– The “High-intensity Sweeteners Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global Bahrain Alcoholic Beverages Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
The global high intensity sweeteners (HIS) market was valued at $1,807million in 2016, and is anticipated to reach at $2,134 million by 2023, growing at a CAGR of 2.3% from 2017 to 2023. High-intensity sweeteners are commonly used as substitutes for sugar, owing to their low-calorie content and higher. Moreover, HIS are ideal alternatives to sugar and other caloric sweeteners such as high-fructose syrup.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The demand for high-intensity sweeteners is not only due to its desired sweetness and price but also for its taste, nutrition, bulkiness, preservative qualities, heat resistance and blending abilities. In addition, rise in health concerns and increase in the number of people suffering from diabetes and obesity boost the market growth. Furthermore, rise in demand for low-calorie sweetener and growth in the number of obese population majorly in the developing economies propel the market growth.
The global high-intensity sweeteners market is segmented based on type, application, and geography. On the basis of type, it is classified into saccharin, acesulfame potassium (ace-k), sucralose, neotame, advantame, steviol glycosides, and luo han guo fruit extracts (monk fruit). Based on application, it is categorized into beverages, bakery & confectionery, dietary products, dairy products, pharmaceuticals, table top sweeteners, and others (deserts & nutritional products). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players have largely invested in R&D activities to develop advanced products to cater to the demand of end users. The major players in the high intensity sweeteners market include
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KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the global high intensity sweeteners market size and trends from 2016 to 2023 to determine the prevailing opportunities.
Comprehensive analysis of factors that drive and restrict the high intensity sweeteners industry analysis and growth is provided in the report.
Extensive analysis of the industry is conducted by following product benchmarking, positioning, and monitoring the top competitors within the global market.
Porter’s five forces analysis highlights the potency of buyers & suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
The report provides key insights on strategic market analysis of various companies as well as the value chain analysis of the industry.
The major players in the high intensity sweeteners market include
Hyet Sweet
Tate and Lyle, Plc.
Celanese Corporation
Cumberland Packing Corporation
Merisant
Ajinomoto Co.
Hermes Sweeteners Ltd.
JK Sucralose
Heartland Food Products Group
Stevia First Corporation
The other players in the value chain (profiles not included in the report) are
Cargill, Inc.
The NaturaSweet Company
A & Z Food Additives Co., Ltd.
DuPont
PureCircle
Archer Daniels Midland Company
Associated British Foods.
KEY MARKET SEGMENTS
By Type
Saccharin
Aspartame
Acesulfame Potassium (Ace-K)
Sucralose
Neotame
Advantame
Steviol Glycosides
Luo Han Guo Fruit Extracts (Monk Fruit)
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By Application
Beverages
Bakery & Confectionery
Dietary Products
Dairy Products
Pharmaceuticals
Table Top Sweeteners
Others (Desserts & Nutritional Products)
By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Pakistan
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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