Starch Syrups and Sweeteners Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Starch Syrups and Sweeteners Market: Snapshot
The development in the starch syrups and sweeteners market is credited to increasing use of beverages, pharmaceuticals, and processed foods. Expanding usage as an emulsifier, stabilizer, binder, and thickening agent is estimated to increase industry development in the upcoming years.
Increasing consumer concerns over nutrition and health, alongside rising inclination for a healthy diet, is probably going to boost market expansion. Flooding requirement for organic sweeteners in caffeinated drinks and non-carbonated soda drinks will fuel the penetration of the sugar syrups and sweeteners market in coming years. Rising utilization of the ingredients in different segments, for example, paper, glue, and biofuels manufacturing is probably going to enhance market condition. In any case, expanding research activities is probably going to limit growth in the global starch syrups and sweeteners market.
Move in the inclination for comfort (driven generally by urbanization), increasing number of working women, and rising family salaries are boosting the demand for sweeteners in the rising economies. Generally speaking, the immense demand for food in developing nations has fueled the whole distribution channel to open markets for food sweeteners, propelling the demand for food sweeteners. Most of nations with high utilization of sugar fall in the class of the rising economies. Thus, they are seen as one of the flag bearers of lifestyle illnesses..
Asia Pacific represented a noteworthy volume share in the global market. It will observe a noteworthy development because of the rise in the food and drinks sector in South Korea, India, Thailand, Indonesia, Philippines, and China.
Starch Syrups and Sweeteners Market Introduction
Starch syrup is a translucent, sticky, and thick sugar syrup, and it is commonly used as a natural sweeteners in various food products. Starch syrups are made of maltose, higher saccharides, and glucose, and different types of starch syrups are available distinguished according to the combination of carbohydrates in them.
Sweeteners are among the most commonly used sugar substitutes that are low in calorie or also can be calorie free. Manufacturers in the starch syrups and sweeteners market are introducing natural sweeteners known as stevia, erythritol, and xylitol.
Starch Syrups and Sweeteners Market – Notable Developments
Some of the most prominent competitors operating in the competitive landscape of global starch syrups and sweeteners market include –
Starch Syrups and Sweeteners Market Dynamics
Increasing Prevalence of Obesity is Boosting Growth of the Starch Syrups and Sweeteners Market
Increasing growth of the sugar reduction trend due to the obesity epidemic is one of the leading drivers for the starch syrups and sweeteners market. According to the facts declared by the World Health Organization (WHO), in 2016, over 600 million adults were obese and more than 1.9 billion adults were overweight all over the world. The prevalence of obesity is not increasing only among adults, but around 340 million children and adolescents and 41 million children under the age of 5 years also were overweight or obese, in the same year.
Obesity epidemic is observed throughout the whole world, which is mainly attributed to incorrect eating habits. Consumers are changing their dietary habits, which is triggering needs for sugar reduction and demand for starch syrups and sweeteners. Thereby, increasing demand for sugar-free and low-calorie food products is driving growth of the starch syrups and sweeteners market.
Side Effects Linked with Starch Syrups and Sweeteners may Hamper Market Growth
Despite the rising popularity of the sugar reduction trend, health-conscious consumers are becoming aware of the negative effects of the artificial sweeteners on health, which may reduce demand for starch syrups and sweeteners. Though consumption of starch syrups and sweeteners can control weight gain, however, the incidences of starch syrups and sweeteners disrupting metabolism among some consumers have been observed. Thereby, some consumers are averse to consuming sugar substitutes, such as starch syrups and sweeteners, which is making a negative impact on growth of the starch syrups and sweeteners market.
Manufacturers in the Starch Syrups and Sweeteners Market Must Ensure Compliance with Stringent Regulations
While a large number of consumers are turning to starch syrups and sweeteners as a sugar substitute, increasing awareness about the side effects of consuming starch syrups and sweeteners has resulted in governing bodies imposing strict regulations to ensure consumers’ safety. Manufacturers in the starch syrups and sweeteners market need to conform to various standards and labelling rules to before entering regional markets. Mandatory compliance with strict regulations can add to the production cost of starch syrups and sweeteners, making it challenging for manufacturers in the starch syrups and sweeteners market to offer competitive prices.
Starch Syrups and Sweeteners Market Segmentation
Based on the types of starch syrups, the starch syrups and sweeteners market is segmented into:
Based on the intensity, the starch syrups and sweeteners market is segmented into
Based on the calorie content, the starch syrups and sweeteners market is segmented into
Based on the end-use applications, the starch syrups and sweeteners market is segmented into
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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