World Sweetener Market (Sugar Substitutes) Growing at 4.78% CAGR to 2020

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PUNE, India, June 9, 2016 /PRNewswire/ --

Global sweetener market is forecast to rise in next 5 years driven by demand for naturally-derived sweeteners with stevia emerging as popular sugar substitute in light of increased availability of low-calorie naturally derived sweeteners and rising awareness about them. Stevia is derived from the plant of the same name. The active compounds present in this plant are nearly 150 times sweeter than sugar and have a negligible effect on blood glucose levels. Stevia also does not because the side effects usually associated with artificial sweeteners like aspartame.

Complete report on sweetener market spread across 74 pages, analyzing 5 major companies and providing 37 data exhibits is now available at http://www.rnrmarketresearch.com/global-sweetener-market-2016-2020-market-report.html

The analysts forecast global sweetener market to grow at a CAGR of 4.78% during the period 2016-2020. A key growth driver is the high incidence of obesity and diabetes. Obesity and diabetes are lifestyle disorders found in a large segment of the world population. These disorders lead to other health problems, including heart ailments, respiratory disorders, and anxiety, among others. Childhood obesity and juvenile diabetes are on the rise, especially in developed economies like the US and the UK. In 2013, approximately 347 million individuals had diabetes worldwide. The diabetic population is increasing widely in developed and developing nations of the world. China and India have the largest number of diabetic cases among developing nations.

Increase in consumer awareness has resulted in consumers paying closer attention to food labels to ensure that the calorie content is within the recommended range. As a consequence of this development, manufacturers of various products are now replacing their old product lines or adding new products to their portfolios to cater to this segment of health-conscious consumer

The sweetener market in the Americas is expected to exceed USD 45 billion by 2020, growing at a CAGR of over 5%. The Americas is the leading producer and consumer in the sweetener market due to the increased demand for convenience food, functional food, and alternative sugar sources. In APAC is expected to exceed USD 35 billion by 2020, growing at a CAGR of over 5%. The region has emerged as one of the fastest-growing market for artificial sweeteners driven by two leading countries, China and India. Europe is predicted to generate approximately 26 billion by 2020, growing at a CAGR of over 4%. The European sweetener market has been witnessing an increase in sugar prices that is above the stated preferential pricing of the European Union. The sweetener market in ROW is expected to exceed USD 5 billion by 2020. The sweetener market in ROW will grow at a moderate pace during the forecast period. Despite low per capita consumption, many countries in the Middle East import sugar.

The following companies are the key players in the global sweetener market: Cargill, Cumberland Packing, Ingredion, Roquette, and Tate & Lyle. Other Prominent Vendors in the market are: ADM, Ajinomoto, Amalgamated Sugar, American Crystal Sugar, Beckmann-Kenko, Danisco, Evolva Holding, Florida Crystal, Galam, GLG Life Tech, Herboveda, Hermes Sweetener, Imperial Sugar, Ingredion, JK Sucralose, McNeil Nutritionals, Morita Kagaku Kogyo, NutraSweet, Pure Circle, Sunwin Stevia International, Wisdom Natural Brands, and Zydus Wellness. Order a copy of Global Sweetener Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=607547

Global Sweetener Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global sweetener market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of both natural and artificial types of sweeteners.

Another related report is Global Sugar Substitutes Market 2015-2019, which forecasts the industry to grow at a CAGR of 4.45% over the period 2014-2019. The beverage industry is the biggest contributor to the application market of sugar substitutes. The cost-cutting advantage provided by sugar substitutes is leading to its increased demand. Browse complete report @ http://www.rnrmarketresearch.com/global-sugar-substitutes-market-2015-2019-market-report.html

Explore other new reports on Sugar & Sugar Substitutes Market @ http://www.rnrmarketresearch.com/reports/food-beverage/food/sugar-sugar-substitutes

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