The global sugar substitutes market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. Sugar substitutes are mainly used in food products, however it is also used in cosmetics and personal care industry. Many companies are using sweeteners in their products for natural flavours and fragrances. Several companies are using sorbitol a sugar alcohol in cosmetic products as a sweetener. Sorbitol is a sugar alcohol made up of corn syrup. Sorbitol is also used in toothpaste and soaps. Sugar substitutes help in preventing moisture in consumer’s skin and hair. As a result of which, various personal care market players and manufactures are inclined towards offering sugar substitutes based cosmetic product, which will further propel the growth of the market
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Ajinomoto Co., Inc., Archer Daniels Midland Company, BENEO GmbH, Fooditive Group, Ingredion Incorporated, and others.
Sugar Substitutes Market Segmentation
By Type
- Aspartame
- Acesulfame Potassium
- Sucralose
- Stevia
- Others (Saccharine and Sugar Alcohols)
By Application
- Food & Beverage
- Pharmaceuticals
- Personal Care & Cosmetics
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Regional Analysis
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
Company Profiles
- Ajinomoto Co., Inc.
- Archer Daniels Midland Co.
- BENEO GmbH
- Fooditive Group
- Ingredion Inc.
- JK Sucralose Inc.
- Kyung-In Synthetic Corp.
- Manus Bio Inc.
- PureCircle
- Roquette Frères
- Tate & Lyle plc
- Viachem
- Zydus Wellness LTD.
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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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Article source: https://article-realm.com/article/Food-Beverage/61659-Sugar-Substitutes-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html
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