Product Code: MRFR/F-B & N/10308-CR
Market Overview
Sugar Reducing Ingredients Market is expected to register a notable CAGR of 5.39% during the forecast period. The enormous pool of individuals experiencing cardiovascular infection as well as diabetes alongside the good approaches set somewhere near the public authority bodies are driving the market development.
The developing geriatric populace combined with the enormous pool of individuals experiencing cardiovascular infection as well as diabetes across the U.S. has expanded the interest for sugar-reducing ingredients attributable to the medical advantages given by them. For instance, as per the FDA, aspartame is a non-nutritive fake sugar that is multiple times better than sugar. At times, it is sold as Equivalent and NutraSweet in blue bundles. Despite the fact that aspartame isn't zero-calorie like a few other fake sugars, it by the by has a low-carbohydrate level. Moreover, as a component of this, as per the Habitats for Infectious prevention and Counteraction, in the US, coronary illness is the main source of death for the two genders and individuals from most racial and ethnic gatherings. In the US, cardiovascular illness claims one life like clockwork. Right around 697,000 Americans died from coronary illness in 2020, making up 1 out of 5 fatalities in the country.
Market Segment Insights
Based on function, the Sugar Reducing Ingredients Market segmentation includes Sweeteners, Bulking Agents, and others.
Based on application, the Market segmentation includes food & beverage, and pharmaceuticals & nutraceuticals. Based on Distribution Channels, the global sugar reducing ingredients industry market data has been segmented into B2B and B2C.
Regional Insights
The Asia-Pacific sugar reducing ingredients market represents the biggest market portion of USD 11,994.36 million in 2022. Around 227 million individuals in Asia-Pacific are determined to have type 2 diabetes, and half among them don't know about the drawn-out ramifications of the sickness, expressed the overseeing overseer of BENO, Asia Pacific in the Food and Refreshment Asia magazine.
Attributable to expanded urbanization, ascend in extra cash, and changing ways of life in China sugar reducing ingredients market and India sugar reducing ingredients market have brought about an expanded recurrence of the eating propensity.
The North American sugar reducing ingredients market contains US, Canada, and Mexico and held the second-biggest market share in 2022. World Wellbeing Association (WHO) has taken a few drives to direct sugar utilization and decrease sugar consumption. In 2015, it gave another rule for the decrease of sugar consumption in the t complete energy admission among the populace classification grown-ups and youngsters to under 10%.
The Europe sugar reducing ingredients market is one of the conspicuous regions across the globe that incorporates a large portion of emerging nations like Germany, Italy, Spain, the UK, and France.
Major Players
Key Companies in the Sugar Reducing Ingredients market include Ingredion Incorporated, ADM, Cargill Incorporated, Roquette Freres, DuPont, International Flavors & Fragrances Inc., GLG LIFE TECH CORP., Tate & Lyle, Kerry Group, and Sudzucker AG.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 16
- 1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY FUNCTION 18
- 1.2 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY APPLICATION 19
- 1.3 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL 20
- 1.4 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY REGION 21
2 MARKET INTRODUCTION 22
- 2.1 DEFINITION 22
- 2.2 SCOPE OF THE STUDY 22
- 2.3 RESEARCH OBJECTIVE 22
- 2.4 MARKET STRUCTURE 23
3 RESEARCH METHODOLOGY 24
- 3.1 RESEARCH PROCESS 24
- 3.2 PRIMARY RESEARCH 25
- 3.3 SECONDARY RESEARCH 26
- 3.4 MARKET SIZE ESTIMATION 27
- 3.5 FORECAST MODEL 28
- 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 29
4 MARKET DYNAMICS 30
- 4.1 INTRODUCTION 30
- 4.2 DRIVERS 31
- 4.2.1 LARGE POOL OF PEOPLE SUFFERING FROM CARDIOVASCULAR DISEASE AS WELL AS DIABETES 31
- 4.2.2 FAVORABLE POLICIES LAID DOWN BY THE GOVERNMENT BODIES 32
- 4.2.3 DRIVER IMPACT ANALYSIS 33
- 4.3 RESTRAINTS 33
- 4.3.1 CONTRADICTORY RESULTS OF SUGAR REDUCING INGREDIENTS IN CLINICAL TRIALS 33
- 4.3.2 RESTRAINT IMPACT ANALYSIS 34
- 4.4 OPPORTUNITIES 34
- 4.4.1 GROWING EXPANSION POLICIES ADOPTED BY KEY PLAYERS 34
- 4.5 CHALLENGES 35
- 4.5.1 STRINGENT GOVERNMENT REGULATION 35
5 MARKET FACTOR ANALYSIS 36
- 5.1 VALUE CHAIN ANALYSIS 36
- 5.1.1 RAW MATERIAL PROCUREMENT 37
- 5.1.2 MANUFACTURING 37
- 5.1.3 PACKAGING 38
- 5.2 SUPPLY CHAIN ANALYSIS 39
- 5.2.1 RAW MATERIALS SOURCING 39
- 5.2.2 MANUFACTURING 40
- 5.2.3 DISTRIBUTION 40
- 5.2.4 END-USER 40
- 5.3 PORTER'S FIVE FORCES MODEL 41
- 5.3.1 BARGAINING POWER OF SUPPLIERS 42
- 5.3.2 BARGAINING POWER OF BUYERS 42
- 5.3.3 THREAT OF NEW ENTRANTS 42
- 5.3.4 THREAT OF SUBSTITUTES 43
- 5.3.5 INTENSITY OF RIVALRY 43
- 5.4 IMPACT OF INFLATION ON GLOBAL SUGAR REDUCING INGREDIENTS MARKET 43
- 5.5 SUSTAINABILITY IN SUGAR REDUCING INGREDIENTS MARKET 44
- 5.6 IMPACT OF COVID-19 OUTBREAK ON GLOBAL SUGAR REDUCING INGREDIENTS MARKET 45
- 5.6.1 IMPACT ON PRODUCTION 45
- 5.6.2 IMPACT ON SUPPLY CHAIN 45
- 5.6.3 IMPACT ON PRICING 45
- 5.6.4 IMPACT ON CONSUMER BUYING BEHAVIOUR 46
- 5.6.5 IMPACT ON OFFLINE VS ONLINE SALES 46
6 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY FUNCTION 47
- 6.1 OVERVIEW 47
- 6.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2030 48
- 6.2 SWEETENERS 48
- 6.2.1 SWEETENERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 48
- 6.3 BULKING AGENTS 49
- 6.3.1 BULKING AGENTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 49
- 6.4 TEXTURANTS 50
- 6.4.1 TEXTURANTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 50
7 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY APPLICATION 51
- 7.1 OVERVIEW 51
- 7.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030 52
- 7.2 FOOD & BEVERAGE 52
- 7.2.1 BAKERY & CONFECTIONERY 52
- 7.2.2 BEVERAGES 52
- 7.2.3 DAIRY & DESSERTS 53
- 7.2.4 SNACKS & SAVORY 53
- 7.2.5 FOOD & BEVERAGE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 53
- 7.3 PHARMACEUTICALS & NUTRACEUTICALS 54
- 7.3.1 PHARMACEUTICALS & NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 54
8 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL 55
- 8.1 OVERVIEW 55
- 8.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020-2030 56
- 8.2 B2B 57
- 8.2.1 B2B: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 57
- 8.3 B2C 57
- 8.3.1 B2C: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 57
9 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY REGION 59
- 9.1 OVERVIEW 59
- 9.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY REGION, 2020-2030 60
- 9.2 NORTH AMERICA 60
- 9.2.1 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 61
- 9.2.2 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2030 62
- 9.2.3 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030 62
- 9.2.4 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020-2030 62
- 9.2.5 US 63
- 9.2.6 CANADA 64
- 9.2.7 MEXICO 65
- 9.3 EUROPE 66
- 9.3.1 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 67
- 9.3.2 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2030 67
- 9.3.3 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030 67
- 9.3.4 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020-2030 68
- 9.3.5 GERMANY 68
- 9.3.6 UK 69
- 9.3.7 FRANCE 70
- 9.3.8 SPAIN 71
- 9.3.9 ITALY 72
- 9.3.10 REST OF EUROPE 73
- 9.4 ASIA-PACIFIC 74
- 9.4.1 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 75
- 9.4.2 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2030 75
- 9.4.3 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030 75
- 9.4.4 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020-2030 76
- 9.4.5 CHINA 76
- 9.4.6 INDIA 77
- 9.4.7 JAPAN 78
- 9.4.8 AUSTRALIA & NEW ZEALAND 79
- 9.4.9 REST OF ASIA-PACIFIC 80
- 9.5 REST OF THE WORLD 81
- 9.5.1 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 81
- 9.5.2 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2030 82
- 9.5.3 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2030 82
- 9.5.4 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020-2030 82
- 9.5.5 SOUTH AMERICA 83
- 9.5.6 MIDDLE EAST 84
- 9.5.7 AFRICA 85
10 COMPETITIVE LANDSCAPE 86
- 10.1 INTRODUCTION 86
- 10.2 MARKET STRATEGY ANALYSIS 86
- 10.3 COMPETITIVE BENCHMARKING 87
- 10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 88
- 10.4.1 NEW PRODUCT LAUNCH 88
11 COMPANY PROFILES- SUGAR REDUCING INGREDIENTS MANUFACTURERS 90
- 11.1 INGREDION INCORPORATED 90
- 11.1.1 COMPANY OVERVIEW 90
- 11.1.2 FINANCIAL OVERVIEW 91
- 11.1.3 PRODUCTS OFFERED 92
- 11.1.4 KEY DEVELOPMENTS 92
- 11.1.5 SWOT ANALYSIS 93
- 11.1.6 KEY STRATEGIES 93
- 11.2 ADM 94
- 11.2.1 COMPANY OVERVIEW 94
- 11.2.2 FINANCIAL OVERVIEW 95
- 11.2.3 PRODUCTS OFFERED 95
- 11.2.4 KEY DEVELOPMENTS 96
- 11.2.5 SWOT ANALYSIS 96
- 11.2.6 KEY STRATEGIES 97
- 11.3 ROQUETTE FRERES 98
- 11.3.1 COMPANY OVERVIEW 98
- 11.3.2 FINANCIAL OVERVIEW 98
- 11.3.3 PRODUCTS OFFERED 98
- 11.3.4 KEY DEVELOPMENTS 98
- 11.3.5 KEY STRATEGIES 99
- 11.4 DUPONT 100
- 11.4.1 COMPANY OVERVIEW 100
- 11.4.2 FINANCIAL OVERVIEW 100
- 11.4.3 PRODUCTS OFFERED 101
- 11.4.4 KEY DEVELOPMENTS 101
- 11.4.5 SWOT ANALYSIS 101
- 11.4.6 KEY STRATEGIES 102
- 11.5 CARGILL INCORPORATED 103
- 11.5.1 COMPANY OVERVIEW 103
- 11.5.2 FINANCIAL OVERVIEW 103
- 11.5.3 PRODUCTS OFFERED 104
- 11.5.4 KEY DEVELOPMENTS 104
- 11.5.5 SWOT ANALYSIS 105
- 11.5.6 KEY STRATEGIES 105
- 11.6 TATE & LYLE 106
- 11.6.1 COMPANY OVERVIEW 106
- 11.6.2 FINANCIAL OVERVIEW 106
- 11.6.3 PRODUCTS OFFERED 107
- 11.6.4 KEY DEVELOPMENTS 107
- 11.6.5 SWOT ANALYSIS 108
- 11.6.6 KEY STRATEGIES 108
- 11.7 KERRY GROUP 109
- 11.7.1 COMPANY OVERVIEW 109
- 11.7.2 FINANCIAL OVERVIEW 109
- 11.7.3 PRODUCTS OFFERED 109
- 11.7.4 KEY DEVELOPMENTS 110
- 11.7.5 SWOT ANALYSIS 110
- 11.7.6 KEY STRATEGIES 110
- 11.8 INTERNATIONAL FLAVORS & FRAGRANCES, INC. 111
- 11.8.1 COMPANY OVERVIEW 111
- 11.8.2 FINANCIAL OVERVIEW 111
- 11.8.3 PRODUCTS OFFERED 112
- 11.8.4 KEY DEVELOPMENTS 112
- 11.8.5 SWOT ANALYSIS 113
- 11.8.6 KEY STRATEGIES 113
- 11.9 GLG LIFE TECH CORP. 114
- 11.9.1 COMPANY OVERVIEW 114
- 11.9.2 FINANCIAL OVERVIEW 115
- 11.9.3 PRODUCTS OFFERED 115
- 11.9.4 KEY DEVELOPMENTS 116
- 11.9.5 KEY STRATEGIES 116
- 11.10 SUDZUCKER AG 117
- 11.10.1 COMPANY OVERVIEW 117
- 11.10.2 FINANCIAL OVERVIEW 118
- 11.10.3 PRODUCTS OFFERED 118
- 11.10.4 KEY DEVELOPMENTS 119
- 11.10.5 KEY STRATEGIES 119