The sugar free food products are very much prevalent due to a smaller amount of calorie content. So the food industry utilizes the several artificial sweeteners which are low in the calorie instead of great calorie sugar. The artificial sweetener is a foremost preservative in the food and beverage products. In food and beverage, artificial sweetener is majorly categorized into acesulfame, sucralose, aspartame, saccharin, cyclamate and several others. It delivers a sweet taste and little calories to the food products revolving them into sugar-free products. However, the Aspartame and Sucralose are the most common additives utilized to sweeten a variety of products in food & beverage industry. The soft drink industry around the globe is composed to devour the extreme amount of aspartame.
Additionally, the potential players of global artificial sweetener are making so many efforts for increasing the demand of artificial sweetener around the globe. According to the report analysis, ‘Artificial Sweetener Market By Type (Aspartame, Acesulfame, Saccharin, Sucralose Cyclamate and Others) By Application (Food &Beverage, Pharmaceuticals, Direct Sales and others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023’ states that there are several key players which are presently functioning in this sector more aggressively for leading the fastest market growth and dominating the huge amount of market share across the globe in the coming years while increasing the applications of artificial sweeteners and effectively promoting the food products with the artificial sweetener includes Cargill, ROQUETTE, AJINOMOTO, Ingredion, and Hermes Sweeteners. Moreover, the food manufacturers are creating the usage of high intensity artificial sweetener to serve the light products with scarcer calories and fascinating taste attributes, in reaction to the consumer preferences.
Although, the food & beverage sector is the augmenting quickly around the globe as the requirement for the sugar-free beverages and sugar-free eatables is rising due to the spreading of consciousness regarding to the healthy eating and increasing health concerns. Whereas, the artificial sweetener is extensively utilized in the food & beverages industry in several sugar-free soda, chewing gums, chocolates, ice cream, baked goods, and many others. It conveys much more sweetness in such products than sugar. It also retains the calories low assisting the customers to consume these products without feeling mortified about putting on.
Based on the region, in the recent times, the Asia Pacific regions registers the market and is predicted to increase the potentially during the forecast period owing to the intense requirement from the various application sectors and the growing number of diabetic and obese people. Not only has this, the North America region is likely to continue as a key region due to the significant contribution from the US.
Nonetheless, the great demand from the soft drink and confectionery industries is predicted to act as a growth driver for global market of artificial sweetener. The diet beverages and low-sugar food for diabetic and diet-conscious customers are also predicted to be the demand drivers, during the review period. Therefore, in the coming years, it is predicted that the market of artificial intelligence will increase across the globe more positively over the forecasted period.
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Ankur Gupta, Head Marketing & Communications