New York, March 2022: Axiom Market Research & Consulting™ added a report on global low intensity sweeteners market which includes study on type, form, application, and geography. Global low intensity sweeteners market was projected to grow at a CAGR of 5.24% for the forecast period 2022 to 2028. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the global low intensity sweeteners market.

The factors such as increase in the health consciousness among the consumers, growing research and development activities for formulating and developing the new and advanced sweetening products, increase in the demand for the low intensity sweeteners in many food and beverage applications, changing lifestyle and health consciousness among the population for the consumption of the different food products has created increasing demand for the low intensity sweeteners in the application products  has been driving the growth of the global low intensity sweeteners market during the forecast period. 

The report analyses the global low intensity sweeteners market based on type, form, application and geography. By type, the global low intensity sweeteners market is segmented into D-Tagatose, Sorbitol, Maltitol, Xylitol, Mannitol, Erythritol, Allulose and others. By form, the global low intensity sweeteners market is segmented into dry and liquid. By application, the global low intensity sweeteners market is segmented into food, beverages, pharmaceutical and personal care products. Food is further sub-segmented into bakery products, confectioneries, dairy & frozen desserts, other food applications. Based on the geography, the global low intensity sweeteners market is studied for the regions including North America, Europe, Asia Pacific, and Rest of the World. 

Sorbitol type segment is estimated to have increasing demand in the global low intensity sweeteners market

The sorbitol has been mostly derived from potato and wheat and is also used as a low calorie sweetener in the different confectionary, candies, diabetic jams, baked goods and nutritional bars among others had been driving the growth of the segment in the global low intensity sweeteners market during the forecast period. 

Dry form segment is expected to lead the global low intensity sweeteners market

The factors such as the powdered form has been mostly used as a raw material in the manufacturing processes of the food and beverages, along with the higher demand for the products, and the dry form also act as effective yet convenient form for the usage in the different applications have been driving the growth of the segment in the global low intensity sweeteners market during the forecast period. 

Food application segmented is expected to dominate the global low intensity sweeteners market

The growing trends for the food products with the different taste at the time with low calorie in the products has certainly led to the health consciousness that again acts as increasing the new opportunity factor for the players in the market has been driving the growth of the segment in the global low intensity sweeteners market during the forecast period. 

Asia Pacific is expected to lead the global low intensity sweeteners market

The growth in the food and beverage industry at fast speed with changing the consumer preference, obesity, shifting trends to the consumption of low calorie sweetener, along with increasing the product availability for the different application with the varieties of packaging has been gaining the attention of the consumer has been driving the growth of the global low intensity sweeteners market in the region during the forecast period. 

Key Players

The key players in the global low intensity sweeteners market are Ingredion Incorporated (United States), ADM(United States), Anderson Advanced Ingredients (United States), Tate & Lyle (United Kingdom), Roquette (France), Matsutani Chemical Industry Co., Ltd  (Japan), Whole Earth Brands (United States), CJ CheilJedang (South Korea), Samyang Corporation (South Korea), Daesang Corporation (South Korea), Cargill(United States), Hylen Co., Ltd (China), Sweeteners Plus (New York), Fooding Group Limited (China), SAVANNA Ingredients GmbH (Germany), Foodchem International Corporation (China), Apura Ingredients, Inc(United States), Saigon Nutri Food Co., Ltd (China), Icon Foods (Portland), Bonumose Inc. (United States) and zuChem (United States) among others.

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