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(EMAILWIRE.COM, September 27, 2017 ) According to the report Europe Sugar Substitutes Market, published by Market Data Forecast, the Market has been estimated at USD 3.66 Billion in 2016 and is projected to reach USD 4.47 Billion by 2021, at a CAGR of 4.10% during the forecast period from 2016 to 2021. Regular sugar which is high in calories is being replaced by a vast array of sugar substitutes. Modern consumers are more health-conscious and prefer healthy, but low-caloric food products. Due to this, there has been high use of sugar substitutes in food & beverages industry.
Browse market data tables and in-depth TOC of the Europe Sugar Substitutes Industry to 2021 @ http://www.marketdataforecast.com/market-reports/europe-sugar-substitutes-market-1072/
The market for Sugar substitutes is mainly driven due to increasing incorporation of sugar substitutes in the health & personal care industries, rising prevalence of health problems related to sugar consumption, and increasing consumer awareness regarding health. But, the market growth can be hampered due to stringent regulatory framework, and stringent quality criteria complying with the international quality standards.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/europe-sugar-substitutes-market-1072/request-sample
Europe market for Sugar Substitutes is segmented based on type, composition, and application. By type, the market is further sub-segmented into high-intensity sweeteners, low-intensity sweeteners, high-fructose syrups. By composition, the market is further sub-segmented into Stevia, Aspartame, Cyclamate, Sucralose, Saccharin, AceK, D-Tagarose, Sorbitol, Maltitol, Xylitol. By application, the market is further sub-segmented into heath & personal care, beverages, food (confectionery, bakery, dairy, and frozen foods). High-intensity sweeteners account for a highest market share and is expected to grow at a CAGR. Its attributes such as cost reduction and appropriate blending with food & beverages to enhance the taste are anticipated to propel the demand in near future. Food segment has the fastest growth, owing to increasing awareness and changing consumer patterns for low-calorie food products.
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Geographically, Europe market for Sugar Substitutes is segmented into Germany, Spain, U.K., France and Italy. Europe is the second biggest market in terms of market share across the globe. The market in these regions is quite mature due to rising prevalence of diabetes and obesity, and growing consumer demand for sugar substitutes.
Cargill Incorporated, Tate & Lyle PLC, E. I. du Pont de Nemours and Company, Roquette Freres S.A., PureCircle Ltd., Ajinomoto Co. Inc., Archer Daniels Midland Company, MacAndrews & Forbes Incorporated, Ingredion Incorporation, and JK Sucralose Incorporation, are the major players of Europe Sugar Substitutes market.
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Market Data Forecast
Abhishek
+1-888- 702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com
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