The Global Synthetic Sweeteners Market Report by The Business Research Company covers synthetic sweeteners market drivers and restraints, synthetic sweeteners market size, major players, and the impact of COVID-19 on the synthetic sweeteners market.

The synthetic sweeteners market consists of sales of synthetic sweeteners and related services. Synthetic sweeteners are used as applications in weight loss assistance, dental care, and diets for patients with diabetes mellitus and reactive glycaemia. Synthetic sweeteners are chemically-processed substances that are used in place of sweeteners with sugar (sucrose) or sugar alcohols.

Rising health awareness among global consumers contributed to the growth of the synthetic sweeteners market. The increased incidences of individuals suffering from heart diseases, diabetes, and obesity will eventually force people to lead a healthier lifestyle. According to the ‘World Health Organization’ (WHO), 17.9 million people in the world die every year due to cardiovascular diseases. Also, the level of obesity is also rising among individuals due to urbanization and busy lifestyles. According to a study by Harvard T.H. Chan School of Public Health, around 40% of the adults in the USA have obesity and 18% have severe obesity.

The global synthetic sweeteners market is expected to grow from $45.96 billion in 2020 to $51.37 billion in 2021 at a compound annual growth rate (CAGR) of 11.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $55.78 billion in 2025 at a CAGR of 2%.

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Some synthetic sweeteners market trends include sucralose-based sweeteners increasingly being used as applications in the food industry. Sucralose is sweeter than sugar and is a low-calorie ingredient that does not cause dental cavity. Growing concerns of cardiovascular disorders due to increased consumption of sugar-based foods are encouraging the use of artificial sweeteners such as sucralose. Additionally, declining production and rising sugar prices worldwide are also encouraging the use of sucralose-based sweeteners. These sweeteners are the major substitutes of sugar in carbonated beverages, juices, dairy products, sugar-free chewing gums, confectionery, and bakery goods.

Global synthetic sweeteners market segments include:

1) By Product Type: Aspartame, Acesulfame K, Saccharin, Sucralose, Neotame, Others

2) By Application:  Bakery, Dairy, Confectionery, Beverages, Soups, Sauces And Dressings, Other Applications

3) By Distribution Channel: Supermarkets & Hypermarkets, Departmental Stores, Convenience Stores, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, LARGEST REGION accounts for the largest global synthetic sweeteners market share.

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The Synthetic Sweeteners Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides synthetic sweeteners market overviews, analyzes and forecasts market size, share, synthetic sweeteners market players, synthetic sweeteners market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The synthetic sweeteners identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Synthetic Sweeteners Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Cargill Inc., Archer Daniels Midland, Ingredion Inc., Roquette, Ajinomoto Co. Inc., JK Sucralose Inc., Dupont, Merisant Company (subsidiary of MacAndrews & Forbes Incorporated), Celanese Corporation, McNeil Nutritionals, NutraSweet Property Holdings, Inc., Hermes Sweeteners Ltd., MORITA Kagaku Kogyo Co., Ltd., PureCircle, Sunwin Stevia International, Inc., Zydus Wellness Ltd

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Synthetic Sweeteners Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Synthetic Sweeteners Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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