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Global Low Intensity Sweeteners Market at a CAGR of 5.85 % Growth, Trends and Absolute Opportunity
Posted: Jan 27, 2020
The company profiles of all the major players and brands that are dominating the market are covered in the report with respect to their moves like product launches, joint ventures, mergers and acquisitions. The Global Low Intensity Sweeteners research report also explains in depth description, competitive scenario, product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter's five force analysis. This market report offers an actionable market insight with which sustainable and profitable business strategies can be built. This Global Low Intensity Sweeteners Market report has been prepared by conducting market research in a systematic manner.
Global Low Intensity Sweeteners Market is expected to rise from its initial estimated value of USD 1.4 billion in 2018 to an estimated value of USD 2.20 billion by 2026, registering a CAGR of 5.85% in the forecast period of 2019-2026.
Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-low-intensity-sweeteners-marketMarket Definition: Global Low Intensity Sweeteners MarketLow intensity sweeteners are an alternative of a sugar which has sweet taste and contain fewer calories. They are like sugar syrup which is widely used in the food to make them taste sweet. These alternatives are very useful as it also help in weight loss. They are very suitable for the people with diabetes, reactive hypoglycaemia etc. Increasing obesity among the population and rising health awareness is the major reason fuelling the growth of this market.
Market Drivers:
- Increasing consumer demand for low calorie food is driving the growth of this market
- Rising R&D investment on low intensity sweetener is another factor driving the market
Market Restraints:
- High price of the low intensity sweetener is restraining the market growth
- Strict regulation and postponement in the product confirmation is another factor restraining the growth of this market
- By Product Type
- Tagatose
- Xylitol
- Trehalose
- Iso-maltulose
- Allulose
- Others
- By Application
- Beverage
- Confectionary
- Pharmaceutical
- Dairy Products
- Table Top Sweetener
- Bakery Foods
- Others
Key Developments in the Market:
- In March 2019, PureCircle announced that they have got approval for their new Reb M stevia leaf sweetener in Singapore which will help the food and beverage companies to produce products with zero fat and calorie. These new sweetener are non- GMO (Genetically Modified Organism) certified. This new sweetener will provide great taste without any sugar intake.
- In September 2018, Amyris, Inc. announced the launch of their new zero calorie sweetener which is derived from sugarcane. It is totally made from natural and imperishable sources. The main aim is provide people high quality product which will help them to stay healthy without gaining any calorie.
Global Low Intensity Sweeteners is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of low intensity sweeteners market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.