San Jose, California (PRWEB) April 23, 2014 -- Follow us on LinkedIn – Artificial sweeteners are one of the most common sugar substitutes used in a wide range of products particularly packaged food and beverages. Also referred as zero-calorie sweeteners, artificial sweeteners continue to find favor among consumers for their non-caloric characteristics. Driven by the growing interest in low-calorie and fat-free sugar substitutes as a measure to manage diabetes and sugar levels, demand for artificial sweeteners has been registering growth over the years. Market growth is also fuelled by the need to manage calorie intake among diabetic and obese individuals and the growing focus on preventing dental caries caused by consumption of sugar sweetened food products. Global boom in packaged food & beverage industry, the largest end-use sector for artificial sweeteners, is also expected to provide opportunities for growth.
The market is currently facing an upheaval as a result of mounting concerns over the safety of sweeteners. While the FDA and other regulatory authorities have approved consumption of artificial sweeteners in accepted daily intake levels, aspartame in particular has witnessed a fall in sales due to concerns over negative health implications. Increasing negative perception about artificial sweeteners is driving the shift towards naturally-sourced non-nutritive sweeteners such as stevia. However, the ability of artificial sweeteners to lower appetite and subsequently assist in weight management is expected to dilute the threat of substitution. Also, artificial sweeteners are cheaper and more affordable than naturally-derived sweeteners. Mounting concerns over the health hazards caused by aspartame is also leading to increased demand for sucralose, which represents the largest product category in the artificial sweeteners market.
As stated by the new market research report on Artificial Sweeteners, the United States represents the largest market worldwide. Demand is led by the need to tackle rising obesity levels and diabetes. The market is also supported by the US FDA’s approval for these products as safe for human consumption in accepted daily intake (ADI) levels. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 6.4% over the analysis period. Led by China, which is home to a large number of sucralose manufacturers, the region is expected to witness rising demand for artificial sweeteners.
Major players covered in the report include Ajinomoto Co. Inc., Celanese Corporation, Cumberland Packing Corporation, Hermes Sweetener Ltd, Merisant, Tate & Lyle plc, and The NutraSweet Company, among others.
The research report titled “Artificial Sweeteners: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America) and Rest of World. Product segments analyzed include Aspartame, Acesulfame Potassium, Saccharin, Sucralose, and Others.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Artificial_Sweeteners_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1500 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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Raghu Gopal, Global Industry Analysts Inc, +1 408-528-9966, [email protected]