Sugar Substitutes Market to Value US$ 10.27 Bn at CAGR of 6.3% by 2026 | Exclusive Report by Fortune Business Insights

PUNE, India, June 11, 2019 /PRNewswire/ -- The global Sugar Substitutes Market is likely to grow in the coming years due to favorable regulatory climate especially towards natural sugar alternatives. According to a report published by Fortune Business Insights, titled "Sugar Substitutes Market : Global Market Analysis, Insights and Forecast, 2019-2026," the market was valued at US$ 6.35 Bn in 2018. Fortune Business Insights states that the market is likely to reach US$ 10.27 Bn by the end of 2026, exhibiting a CAGR of 6.3% in the process. Fortune Business Insights identifies key market strategies, market competitors, and predicts market values for the forecast period using extensive research analysis methods.

Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sugar-substitutes-market-100261

Relief for Major Food Suppliers after FDA Approves 'Natural Sugar': Allulose

In April 2019, the Food and Drug Administration (FDA) passed a clearance for Allulose as a food additive. Allulose possesses very few calories and a high amount of sweetness levels as compared to sugar. Although allulose has reduced health risks as compared to some other artificial sweeteners such as aspartame, the side effects of allulose are mostly seen when it is consumed in high amount. The approval of allulose was backed by a number of clinical trials. These clinical trials indicated that allulose possesses reduced health risks and amounts to 70% of the sweetness levels as normal sugar. The usage clearance from FDA came about as a major relief for food and beverage manufacturing companies, as they can now make use of allulose in their products as an alternative to sugar and synthetic sweeteners. The increasing use of allulose is likely to boost the global sugar substitutes and is likely to enable the growth of the market in the forthcoming years.

Sugar Substitutes Widely Used in Table Top and Beverage Products

Among all applications of sugar substitutes, Fortune Business Insights identifies table top and beverages as the two leading segments. Most beverages are now increasingly incorporated with the natural sweeteners. The health benefits and functionality associated with such sugar substitutes have led to their widespread adoption among the manufacturers of beverages, globally.  Consumers have also exhibited greater willingness to replace conventional sucrose with sugar alternatives in day-to-day consumed products. Such trends are expected to facilitate the penetration of sugar substitutes in table-top applications.

Cargill Launches Zero-Calorie Sweetener

In May 2018, Cargill introduced a new zero-calorie sweetener with substances derived from Stevia. The product name 'EverSweet' was introduced amidst increasing demand for healthier alternatives to the synthetic sweeteners. The negative health perceptions for sugar in major parts of the world have led to increasing demand for sugar alternatives. Cargill has stated that 'EverSweet' product is made from Reb M and Reb D substances which are found in a natural sweetener 'stevia'. The company also boosted by technological advancements that helped in extracting the related glycosides from the stevia leaf. EverSweet possessed almost zero calories and had a greater sweetness intensity as compared to sugar. Cargill's EverSweet was cleared by the Food and Drug Administration(FDA) in 2016, and it has found major applications ever since.

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/sugar-substitutes-market-100261

Key companies covered in the report

• Tate & Lyle
• Cargill, Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated
• Roquette Frères
• The Nutra Sweet Company
• Ajinomoto Co., Inc.
• JK Sucralose Inc.
• DowDuPont
• Pure Circle Limited
• Other Key Market Players

Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/sugar-substitutes-market-100261

Major Table of Content:

• Market Dynamics
• Key Insights
• Global Sugar Substitutes Market Analysis, Insights and Forecast, 2015-2026
• Key Findings / Summary
• Market Analysis, Insights and Forecast – By Type
• Aspartame
• Acesulfame Potassium (Ace.K)
• Saccharine
• Sucralose
• Stevia
• Sugar Alcohols
• Others
• Market Analysis, Insights and Forecast –By Application
• Food& Beverage
• Bakery & Confectionery
• Table-top
• Beverages
• Other Processed Foods
• Pharmaceuticals
• Personal Care and Cosmetics
• Market Analysis, Insights and Forecast – By Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
• Competitive Landscape
• Company Profile

Browse Complete Report Details Enabled with Complete Tables and Figures:
https://www.fortunebusinessinsights.com/industry-reports/sugar-substitutes-market-100261

Browse Related Reports:

• Savory Ingredients Market Size, Share and Global Trend by Source (Natural, Synthetic), Product (Yeast Extracts, Monosodium Glutamate, Protein, Nucleotides), Application (Food, Animal Feed) & Geography Forecast till 2026
• Probiotics Market Size, Share and Global Trend by Microbial Genus (Lactobacillus, Bifiodobacterium, Yeast), Application (Functional Food and Beverage, Dietary Supplement Animal Feed), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail) and Geography Forecast till 2025
• Plant-Based Protein Supplements Market Size, Share and Global Trend by Product Type (Soy Protein, Pea Protein, Wheat Protein), Distribution Channel (Mass Merchandisers, Pharmacies/Drugstores, Specialty Stores, Online Retail), and Geography Forecast till 2025

About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact us:
Fortune Business Insights Pvt. Ltd. 
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245
Email: sales@fortunebusinessinsights.com 
Website: https://www.fortunebusinessinsights.com

Photo: https://mma.prnewswire.com/media/900791/Sugar_Substitutes_Market.jpg
Logo: https://mma.prnewswire.com/media/881202/Fortune_Business_Insights_Logo.jpg