DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Food Sweetener Market- Growth, Trends and Forecast (2015 - 2020)" report to their offering.
The USD 84 billion global food sweetener market of 2014 is estimated to increase at a CAGR of 4.5% to become a market of USD 111 billion by 2020.
Sugar dictates more than 80% share in this market. However, the volatility in sugar commodity price leading to market fluctuations; demand for the clean label from consumers, and complex regulatory environment are few factors restraining the growth of the market.
The sweetener market is segmented into sugar, high-intensity sweeteners (HIS) and high-fructose corn syrup (HFCS). The market for HIS is expected to reach nearly USD 2.2 billion in 2020 at a CAGR of 5.1%. This growth is due to increased awareness and usage of dietary foods. Another major driver is the growing population of overweight, obese, and diabetic patients which is resulting in growth in this category. The increase in demand for natural sweeteners, especially in the developed regions of North America and Europe and consumer awareness for low calorie and healthy sweeteners is also bringing growth to this market.
Although presently, HIS does not constitute a major share of the market, this is the fastest growing segment due to the rising health concerns among people.
The leading players in this segment are Cargill, Kerry Group, Stevia First Corporation, Hermes Sweeteners Ltd, and Tate and Lyle Plc. Companies are bringing innovations in the stevia-derived products to meet the consumer demand for non-caloric natural sweeteners
2. Research Approach and Methodology
3. Key Findings
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/d429jx/global_food