High-Intensity Artificial Sweeteners Become the Standard Sugar Substitutes in Processed Foods Against the Backdrop of Rising Obesity & the Need for Calorie Control
Growing
health consciousness among consumers, and increasing focus on weight management
diets against the backdrop of rising incidence of diabetes and obesity are
poised to drive the global market for High-Intensity
Artificial Sweeteners to reach US$2.5 billion by 2024.
High-intensity
artificial sweeteners are one of the most common sugar substitutes used in a
wide range of products, particularly packaged food and beverages. The chemically
synthesized high intensity sweeteners are used in low concentrations when
compared to other products such as sucrose, and benefit from their as
non-caloric and noncariogenic properties. Though sugar continues to dominate
the sweeteners market, rising awareness about the long-term ill-effects of
sugar consumption in large quantities led to the introduction of artificial
sweeteners that are known to be almost zero-calorie ingredients and hence
deemed healthy for consumption. Some of the popular high intensity artificial
sweeteners include Select high intensity artificial sweeteners include
aspartame, Acesulfame K, saccharin, sucralose, and
neotame.
The
demand for high intensity sweeteners is mainly determined by the trends in food
production and diet carbonated soft drinks markets. The non-nutritive and
non-caloric characteristics of artificial sweeteners have come to the fore led
by the rising frenzy over zero-calorie, low-calorie and fat-free food &
beverage products. In addition, high-intensity artificial sweeteners are used
widely in low-calorie foods intended for consumption for diabetic patients and
play a vital role in preventing an increase in blood sugar levels. Changing
dietary habits and rising health consciousness of people are contributing to
the high demand for low-calorie foods and beverages, thus leading to high
demand for high intensity sweeteners. Increasing incidence of diabetes and
alarming rise in obesity also contributed to the
trend favoring healthy products, thus spurring demand for no-calorie artificial
sweeteners. Given their low calorie content and similar taste as sugar,
artificial sweeteners are finding huge demand from diabetic patients, enabling them
to enjoy the taste of regular sugar without worrying about adding calories to
their diet, while assisting in weight management.
Growing
consumer concerns over dental caries also contributed to the growth of
artificial sweeteners market. This is because low-calorie sweeteners are devoid
of fermentable carbohydrates, which facilitates in preventing
creation of acids through oral bacteria that cause dental caries. Artificial
sweeteners market also benefits from the high volatility of sugar prices, which
is leading manufacturers to opt for sugar substitutes including artificial
sweeteners. Rising preference for convenience foods and beverages, driven by
the increasingly busy lifestyles and changing food habits of consumers, are
also fueling the high-intensity artificial sweeteners market. The
implementation of strict regulations and taxes on high calorie foods in several
countries presents opportunities for the high-intensity sweeteners market.
However,
negative perceptions among consumers about artificial sweeteners and advent of
new types of natural sweeteners are affecting demand for artificial sweeteners,
especially aspartame. In particular, high-intensity artificial sweeteners
market confronts increasing competition from natural high intensity sweeteners,
which are growing in popularity due to the consumer shift towards products with
natural ingredients.
As
stated by the new market research report on High-Intensity Artificial
Sweeteners,
Asia-Pacific represents the largest regional market, worldwide. Asia-Pacific is
also forecast to register the fastest CAGR of 7% over the analysis period,
supported by factors such as changing lifestyles, improving standards of
living, increasing incidence of obesity and diabetes, growing consumer health
awareness levels, and rising demand for healthy foods. The positive economic
environment, increasing purchasing power of consumers and intensifying
marketing and branding initiatives of food and ingredient companies are
contributing to the increased demand for sugar substitutes including artificial
sweeteners in developing economies Asia-Pacific. On the other hand, developed
regions of North America and Europe are relatively mature. In the US, demand for
high intensity sweeteners is being sustained by the increasing number of
overweight and obese individuals and growing number of diabetic patients, which
is leading to high demand for low-calorie and sugar-free foods. Market dynamics
are also influenced by consumption trends associated with diet sodas and other
carbonated drinks.
Major
players in the market include Ajinomoto Health & Nutrition North America
Inc., Celanese Corporation, Cumberland Packing Corporation, Heartland Food
Products Group, Hermes Sweeteners Ltd., HYET Sweet S.A.S., JK Sucralose Inc.,
Merisant US Inc., SinoSweet Co. Ltd., and Tate & Lyle plc, among others.
The
research report titled “High-Intensity Artificial
Sweeteners - Market Analysis, Trends, and Forecasts” announced by Global Industry Analysts Inc., provides a
comprehensive review of market trends, issues, drivers, mergers,
acquisitions and other strategic industry activities of global companies. 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. The report analyzes the High-Intensity Artificial Sweeteners market by
the following Product Segments – Aspartame, Acesulfame Potassium, Saccharin,
Sucralose and Others.
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enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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