Sucralose Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Global Sucralose Market: Overview
Increased disposable income among expanding base of urban population is stroking the food and beverage industry, but at the same time, obesity, diabetes, and heart diseases are becoming more ubiquitous than ever before. In these times, the demand for artificial sweeteners that can adequately match the taste buds of consumers with minimal quantity is being extended by the food manufacturers. Consequently, the demand for sucralose is on the rise, as this artificial sweetener is a strong sugar substitute that is about 320 to 1,000 times sweeter than sucrose. As the awareness regarding the benefits of this sugar alternative spreads, the demand in the global sucralose market is poised to increment at a notable compound annual growth rate (CAGR) during the forecast period of 2018 to 2028.
This business intelligence report on the sucralose market is a comprehensive assessment of the market’s current scenario as well as its figurative future prospects. The included chapters are on market introduction and executive summary, analysis of trends, drivers, and restraints, segmentations and geographical demand analysis, and competitive landscape. Overall, the report intended to aid as a business tool for its targeted audiences such as refinery owners, manufacturers and millers of sugar, farmers and raw material suppliers, commodity traders and distributors, and research organizations.
Global Sucralose Market: Trends and Opportunities
Increasing demand for dairy and bakery products as well as beverages such as cold drinks and colas are the primary drivers of the sucralose market. The artificial sugar is not only exponentially sweeter than other alternatives, it also aids to high shelf-life of the manufactured food products. Sucralose is stable under heat and also has a broad range of pH conditions, which makes it ideal for baking. When compared with other low-calorie sweeteners, sucralose has better chemical stability, offers strong taste, and is safe.
Sucralose has gained approvals for usage from a number of International and National food safety regulatory bodies including the Food and Drug Administration (FDA), European Union’s Scientific Committee on Food, and Canadian Diabetes Association. The FDA conducted more than 110 tests to adjudge the toxic effects of sucralose over human and animals and not adverse effects were detected.
Global Sucralose Market: Market Potential
Sucralose is a no-calorie sweetener, which means it causes or assists dental cavities. This is a strong new opportunity for food and beverage producers to lure their younger customers. Sucralose ideally meets the requirements of children products such as candies, breakfast bars, and canned fruit juices and soft drinks. In addition to that, diabetic patients are opting for sucralose because it does not affect insulin levels. Some of the research studies have also stressed on the benefits of sucralose in terms of weight loss, although various others have countered that. On the back of radical rise of social media, consumers are now more informed and trying out new alternatives to traditional sugar.
Global Sucralose Market: Regional Analysis
This report has explored the demand potential of sucralose across all regions and countries, with a solitary aspiration to highlight the territories that major players can expand into and make greater profits. Some of the countries studies under this report are India, China, the U.S., the U.K., France, Germany, Italy, Russia, Australia, New Zealand, Brazil, South Africa, Spain, and Poland. Currently, the U.S. is dominating the demand from North America, which continues to be the key region in terms of demand potential.
Global Sucralose Market: Competitive Landscape
Niutang, Eastern Food Chem Co. Ltd., Evolva Holding, JK Sucralose, Galam Ltd., Amalgamated Sugar. Co., Nutrasweet.Co, SaIngredion Inc., and Beckmann-Kenko GmbH are some of the notable companies currently ahead of the curve in this market.
The study presents reliable qualitative and quantitative insights into:
The regional analysis covers:
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
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