#Sugar #Substitutes #Market #Size #Worth #USD #Billion
Pune, India, Oct. 07, 2022 (GLOBE NEWSWIRE) — The global sugar substitutes market size was USD 7.50 billion in 2021. The market is projected to grow from USD 7.91 billion in 2022 to USD 12.86 billion by 2029, exhibiting a CAGR of 7.20% during the forecast period 2022-2029.
This information is provided by Fortune Business Insights, in its report titled, “Sugar Substitutes Market, 2022-2029.”
COVID-19 Impacts:
Augmented Demand for Artificial Sugar Goods Assisted Market Development
The COVID-19 pandemic instigated a global stoppage in several sectors, comprising the food and beverage industry, and destructively obstructed economies across the globe by interrupting the production and transportation industry. This began a ripple impact in all the associated sectors bringing the global economy to a cessation. Further, the consumption patterns experienced notable alterations during the period.
Get a Sample Copy of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sugar-substitutes-market-100261
List of Key Players Mentioned in the Report:
- Cargill Incorporated (U.S.)
- Tale & Lyle (U.K.)
- ADM (U.S.)
- Ingredion Incorporated (U.S.)
- Roquette Freres (France)
- Real Stevia Company (Sweden)
- Pyure Brands LLC (U.S.)
- JK Sucralose Inc. (China)
- DuPont (U.S.)
- Ajinomoto Co. Inc.(Japan)
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2022-2029 |
| Forecast CAGR | 7.20% |
| 2029 Value Projection | USD 12.86 Billion |
| Base Year | 2021 |
| Sugar Substitutes Market Size in 2022 | USD 7.91 Billion |
| Historical Data | 2018-2020 |
| No. of Pages | 207 |
| Segments Covered | By Type, By Application , By Geography |
| Sugar Substitutes Market Growth Drivers | Negative Health Impacts Due to Over Consumption of Sugar Drives Market Growth |
| Favorable Government Policies in Various Countries to Ensure Positive Growth Rate of the Market Growth |
Segments:
Expansive Application in Food & Beverage to Encourage Growth of the Saccharin Segment
On the basis of type,…
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