Low Intensity Sweeteners Market Worth $3.6 Billion By 2026

By Author: Sonal
Total Articles: 84
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The global low intensity sweeteners market size is estimated to be valued at USD 2.9 billion in 2021. It is projected to reach USD 3.6 billion by 2026, recording a CAGR of 4.6%, in terms of value. The growing awareness among consumers regarding health and wellness is driving the demand for low intensity sweeteners.

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By type, the allulose segment is projected to grow with the highest CAGR in the low intensity sweeteners market during the forecast period

The allulose segment is expected to grow at the highest CAGR over the forecast period. The demand for allulose has increased as it is a low-calorie sugar, which has same clean and sweet taste as tabletop sugar. As in 2019, FDA officially allowed allulose to be excluded from total sugar and added sugar counts on processed food nutrition label, the market is expected to grow tremendously as it clears the path for innovation for manufacturers.

By application, the pharmaceutical and personal care products segment is projected to grow with the highest CAGR ...
... in the low intensity sweeteners market during the forecast period

Based on application, the pharmaceutical and personal care products segment is projected to be the fastest-growing segment in the low intensity sweeteners market. Functional properties possessed by low intensity sweeteners, such as spreading capacity, workability, and good compressibility, is leading to their increasing demand in pharmaceutical and personal care product applications.

By food application, confectioneries segment is projected to grow fastest in the low intensity sweeteners market during the forecast period

By food applications, the confectioneries segment is anticipated to grow fastest over the forecast period. Low intensity sweeteners are widely used in confectionery products for imparting a blend of sweetness and extending its shelf-life. They are also used as a humectant and efficient plasticizer.

By form, dry segment is projected to account for a larger share in the low intensity sweeteners market during the forecast period

By form, the low intensity sweeteners market is segmented into dry and liquid. The dry form has higher demand among food & beverage manufacturers, as they are easier to use, and manufacturers are accustomed to using the powdered form of raw materials in food manufacturing processes as compared to the liquid form.

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Leading companies are Ingredion Incorporated (US), ADM (US), Anderson Advanced Ingredients (US), Tate & Lyle (UK), Roquette Frères (France), Matsutani Chemical Industry Co., Ltd (Japan), Whole Earth Brands (US), CJ CheilJedang (South Korea), Samyang Corporation (South Korea), Daesang Corporation (South Korea), Van Wankum Ingredients (Netherlands), Hylen Co., Ltd (China), Sweeteners Plus (US), Fooding Group Limited (China), Savanna Ingredients (Germany), Foodchem International Corporation (China), Apura Ingredients (US), Shandong Saigo Group Corporation (China), Icon Foods (US), and Bonumose Inc. (US).