DUBLIN, June 09, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/5pntrj/us_food_sweetener) has announced the addition of the "US Food Sweetener Market- Growth, Trends, Forecast For The Period (2015-2020)" report to their offering.
The global market food sweetener recorded $84 billion in 2014 and is estimated to increase at a compound annual growth rate (CAGR) of 4.5% and reach nearly $111 billion by 2020. In this market, sugar holds the majority share, comprising more than 80% share. The major constrain in the sugar market is the volatility in the prices, leading to market fluctuations. North America although the largest market, is growing at slow growth rates.
Another major driver is the growing population of overweight, obese, and diabetic patients which is causing a growth in the HIS segment. Although high intensity sweeteners (HIS) don't constitute a major share, this is the fastest growing segment. This is attributed to raising health concerns among people. Aspartame and Sucralose are the most famous sweeteners in the HIS segment. Stevia is seeing a major demand in the natural sweeteners category.
North America is the largest market for confectionaries and baked goods, thus driving the demand for sweeteners. However, decreasing consumption of beverages in North America is causing a decline in the sweetener market. Increased Mexican sugar exports to the United States under NAFTA have helped to facilitate the shift away from HFCS use by US food and beverage manufacturers.
The leading players in this segment are Cargill, Kerry Group, Stevia First corporation, Hermes Sweeteners Ltd, and Tate and Lyle Plc. Companies are innovating the Stevia derived products to meet the consumer demand for Non caloric natural sweeteners.
Key Topics Covered:
2. Key Findings
3. Market Overview & Dynamics
5. Market Segmentation by Type
6. Competitive Landscape Overview
7. Company Profiles
- Cargill Inc
- Kerry Group
- Corbion Purac
- Stevia First Corporation
- Hermes Sweetners Ltd
- Tate & Lyle Plc
- Archer Daniels Midland(ADM)
- Celanese corporation
- JK Sucralose Inc
- Fraken Biochem
- SANXINYUAN FOOD INDUSTRY CORPORATION LIMITED
- A&Z FOOD ADDITIVES CO. LTD.
- Australian Stevia Mills
For more information visit http://www.researchandmarkets.com/research/5pntrj/us_food_sweetener
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SOURCE Research and Markets