Published on : Mar 09, 2016
The growing concerns around obesity is having an obvious fallout on the sugar consumption all across the globe, which is a primary precursor to health issues arising out of obesity. As more and more people from all walks of life are trying to cut down on sugar intake for various health reasons, the global alternative sweetener market is witnessing a sudden boom. Alternative sweeteners taste the same as sugar, but are priced differently and offer the best possible solutions to those watching their weight, health-conscious people, and the ever-expanding diabetic population.
The types of products available in the global alternative sweetener market are high fructose syrup (HFS), low intensity sweetener (HIS), and high intensity sweetener (LIS). The applications of these sweeteners are seen in food, beverages, and others such as personal care and pharmaceuticals. Geographically, this market is segmented into North America, Asia Pacific, Europe, and Rest of the World.
Obesity-related Diseases Drives Global Alternative Sweetener Market
The demand for alternative sweeteners is increasing as studies are showing that these substances do not lead to cancer or other diseases. Additionally, the introduction of natural alternative sweeteners that are made out stevia are also propelling the global alternative sweetener market. These alternatives to sugar are helpful to those who are trying to reduce their calorie count by reducing the intake of carbohydrates and improve their overall health by reducing weight. The high rate of obesity in several developed nations and the unfortunate rise in the number of diabetics around the globe are also adding to the growth of the global alternative sweetener market.
North America Leads the Global Alterative Sweetener Market
Geographically, North America holds a dominant share in the global artificial sweetener market due to high incidence of diabetes and obesity related health issues. Owing to these reasons, manufacturers are focusing on making several food and beverages with low-calorie or no-calorie sweeteners. Asia Pacific trailed this share closely.