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
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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