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SOURCE Research and Markets
DUBLIN, February 11, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/hqp2q7/sugar_substitute) has announced the addition of the "Concise Analysis of the International Sugar Substitute Market - Forecasts to 2018" report to their offering.
The growth of the global sugar substitute market in the last few years is expected to continue. Factors such as growing consumer awareness, sugar prices and availability issues, increasing investments in R&D for development of more substitutes and cost advantages provided by the substitutes contribute to the demands and adoption rate.
Though the sweetener market is primarily driven by sucrose, high fructose syrup and saccharine, other substitutes namely stevia, sorbitol, xylitol and other polyols are expected to dominate future market scenarios. Personal care products and beverages have been dominant in case of application sector scope. However, researches in various fields have opened up new avenues for the application of these substitutes. Confections, bakery, dairy and other food products such as cereals and desserts are now picking up pace.
The global sugar substitutes market was $10,538.8 million in 2012 and is expected to reach $13,761.2 million by 2018, growing at a CAGR of 4.5% for the same period. In terms of volume, the sugar substitutes market is estimated to reach 16,687.0 kilo tons by 2018, growing at a CAGR of 1.0%. The global low intensity sweetener market is expected to grow at a CAGR of 6.5% from 2013 to 2018. The flourishing F&B sector drives its stevia segment to grow at a promising CAGR of 17.6% till 2018.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Global Sugar Substitute Market, By Types
6 Global Sugar Substitute Market, By Applications
7 Sugar Substitute Market, By Geography
8 Competitive Landscape
9 Company Profiles
For more information visit http://www.researchandmarkets.com/research/hqp2q7/sugar_substitute
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