According to a new report by Expert Market Research titled, ‘Global High Intensity Sweeteners Market Report and Forecast 2020-2025’, the global high intensity sweeteners market stood at a value of nearly USD 8.22 billion in 2019. The global sweeteners industry is further expected to grow at a CAGR of 4.5% between 2020 and 2025 to reach USD 10.7 billion by 2025.
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With the rising health concern, the demand for high intensity sweeteners, serving as a sugar substitute, has increased as its consumption involves less calorie intake, low blood sugar levels, and improved dental care, in comparison to sugar. Stevia is a significant high intensity sweetener. It is witnessing a robust demand as consumers are increasingly demanding natural food and beverage products. In April 2019, Tate & Lyle PLC (LON: TATE), a global food ingredients provider and a key player in the high intensity sweeteners market, signed a multi-year enzyme supply and licensing agreement with Codexis, Inc. (NASDAQ: CDXS) to produce TASTEVA® M Stevia Sweetener. TASTEVA® M Stevia Sweetener is the first premium Reb M stevia sweetener, which was launched by Tate & Lyle in 2018, opening new horizons for the production of sugar-free products.
Read Full Report With Table Of Contents – https://www.expertmarketresearch.com/reports/high-intensity-sweeteners-market
Market Breakup by Types:
- Aspartame
- Acesulfame
- Sucralose
- Saccharin
- Cyclamate
- Stevia
- Others
Market Breakup by Applications:
- Beverage
- Food
- Health Care
- Tabletop Sweeteners
- Others
Market Breakup by Regions:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Competitive Landscape & Supplier Analysis:
- Vitasweet Co.,LTD.
- HYET Sweet
- SinoSweet Co., Ltd.
- Berry Global Inc.
- Anhui Jinhe Industrial Co., Ltd
- Celanese Corporation
- Pure Circle
- Tate & Lyle PLC
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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