Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the Europe low sweeteners market. In addition, complete analysis of changes on the Europe low sweeteners market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. During COVID-19 pandemic, Europe low sweeteners market was slightly affected due to supply chain distribution, which has certainly affected the market growth to major extend. However, post COVID-19 the market has witnessed the rising new growth for the market.
The Europe low sweeteners market is driven by various propelling factor like growing r&d activities to formulate and develop newer and advanced sweetening products, increase in health consciousness among consumers, increase in demand for low intensity sweeteners in several food & beverage applications are some of the key factor contributing in the market growth. Likewise, different factor like changing lifestyle, obesity among population, increasing trends for variety of food products has led the growing demand for the market in Europe. With the adoption of market products it provide consumer to taste different food products without worrying about the calorie intake. This factor is expected to contribute healthy growth in the market.
The market is expected to have growing new growth opportunities with rise in investment in R&D activities by the manufacturer to develop innovative and safer low sweeteners. In this market research and development plays a critical role for the production of products like sorbitol, maltitol, xylitol, allulose among others. The investment in research and development certainly support for the production of precise low sweeteners with low calorie content, and constituents. Likewise, growth and diversification of Europe low sweeteners market application like food, beverages and pharmaceutical & personal care products is expected to create new market opportunity during the projection period.
The Europe low sweeteners market is likely to have restraints like higher cost of production, ambiguity related to health problems due to the consumption of low sweeteners among others. Ideally, number food products often have increasing requirement for imparting blend of sweetness with longer shelf life and higher cost of low intensity sweeteners production is likely to affect the market growth. For example, allulose which is rare sugar that naturally occurs in fruits. Thereby the cost of allulose can widely fluctuate depending on the price of these natural products. This factor is expected to create hurdler for the market growth during the forecast period.
The major growth challenge for the market is high cost of manufacturing in low sweeteners in the regional market. Likewise, stringent regulation and quality standard for Europe low sweeteners is expected to be major growth challenge for the market.
The report provides in-depth analysis of Europe sweeteners market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various Europelow sweeteners in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2021-2028.
The Europe low sweeteners market comprises of different market segment like Type, Form, Application and Country.
By type, the Europe low sweeteners includes key segment of D-tagatose, sorbitol, maltitol, xylitol, mannitol, erythritol , allulose. The sorbitol segment is likely to have growing demand in the market. This sorbitol type is one of the most essential ingredient in food and beverage industry and is mostly used as a humectant and sweetener in food for increasing sweetness, shelf life, and freshness of food and beverage products. Likewise, allulose is anticipated to witness growth at fastest pace over the estimated time period.
The Europe low sweeteners market is significantly studied for key form like dry and liquid. Dry is anticipated to lead in the Europe low sweeteners market from 2022 to 2028. The key factor propelling the market growth is dry powder serves several functional roles, comprising use as bulk low sweeteners. With the higher demand for the products, dry form acts as effective yet convenient form for usage in different applications. The increasing variety of properties, molecular weight, and solubility, the dry form offer its usage in range of applications. Similarly, liquid form is expected to have growing demand in market during the estimated time period.
The Europe low sweeteners market finds its major application in food, beverages, and pharmaceutical & personal care products. Food application is further sub-segmented into bakery products, confectioneries, dairy & frozen desserts, other food applications. Food application has register majority of market share in low sweeteners market. Rising focus on health and wellness and trends for food products with different taste at the time with low calorie in the products has accelerated the market growth in the region. Besides, constant demand for various bakery products, confectioneries, among population with low sweeteners is projected to drive the market. Similarly, health consciousness among obese population acts as growing new opportunity factor for market players. Likewise, pharmaceutical & personal care products is likely to have positive growth over the forecast period.
The Europe low sweeteners market is studied for the following countries including United Kingdom, Germany, France, Italy, Spain, and Rest of the Europe. United Kingdom is anticipated to gain majority of market share during the forecast period. The key factor contributing in the market growth are increasing intake of sweetened yoghurt and bakery products is expected to expand the growth of the market in the country. Furthermore, the country is witnessing sales for products that use low intensity in combination with sugar, in order to provide great taste, along with low calories. Also, rising awareness for harmful effects of excessive sugar consumption has providing more opportunities for low-calorie sweeteners. Likewise, Germany is likely to hold second position in the market during the forecast period while driving the market growth with shifting trends to consumption of lower calorie sweetener in processed food products has fuel the market demand. Likewise, Italy followed by Spain is contributing healthy growth in the market during the estimated time period.
The competitive landscape analysis of Europe low sweeteners market is majorly focused on expanding the market growth of low sweeteners with partnership/ agreement, new product launches, and merger & acquisitions which has boosted the market growth at highest pace. Besides, presence of wide range of manufacturer operating in the market offers range of products in different application to fulfill the required demand has further contributed healthy growth in the market.
The key players studied in market are Ingredion Incorporated, ADM, Anderson Advanced Ingredients, Tate & Lyle, Roquette, Matsutani Chemical Industry Co., Ltd, Whole Earth Brands, CJ CheilJedang, Samyang Corporation, Daesang Corporation, Cargill, Hylen Co., Ltd, Sweeteners Plus, Fooding Group Limited, SAVANNA Ingredients GmbH, Foodchem International Corporation, Apura Ingredients, Inc , Saigon Nutri Food Co., Ltd , Icon Foods (Portland), Bonumose Inc. and zuChem among others.
January 2021: Tate & Lyle PLC had announced the expansion of its DOLCIA PRIMA allulose portfolio with crystalline form certified as Non GMO project verified. This will indeed provide manufacturer with the opportunity to increase the number of retail products bearing the Non-GMO project verified label and certification. By expanding the product line of Non-GMO project verified ingredient, the company is adding another tool to its extensive portfolio ensuring that consumer respond to growing consumer demand for healthier, tastier, and clean label products
July 2020: Whole Earth Brands Inc. had launched the new Whole Earth allulose baking blends. The launch is latest for Whole Earth, a brand that meet the needs of consumer looking to reduce or eliminate sugar from their diets. As more consumers turn to home baking for comfort, the Whole Earth is with these plant based, zero- calorie and sugar free baking solutions.
Low sweetener is ideally a sugar alternative or substitute which comprises less food energy than sugar based sweeteners making it zero calorie or low calorie sweetener. This low sweetener further help to maintain the insulin level unaffected after their ingestion. Changing consumer lifestyle, sedentary lifestyle, obesity population, increasing concern for low calorie food intake has boosted the growth and demand for Europe low sweetener market. The Europe low sweeteners market comprises of different market segment like type, form, application and country. By type, the Europe low sweeteners includes key segment of D-tagatose, sorbitol, maltitol, xylitol, mannitol, erythritol , allulose. The sorbitol segment is likely to have growing demand in the market. The Europe low sweeteners market is significantly studied for key form like dry and liquid. Dry is anticipated to lead in the Europe low sweeteners market from 2022 to 2028. The Europe low sweeteners market finds its major application in food, beverages, and pharmaceutical & personal care products. Food application is further sub-segmented into bakery products, confectioneries, dairy & frozen desserts, other food applications. Food application has register majority of market share in low sweeteners market. The Europe low sweeteners market is studied for the following countries including United Kingdom, Germany, France, Italy, Spain, and Rest of the Europe. United Kingdom is anticipated to gain majority of market share during the forecast period.
1) What are the drivers for Europe Low Sweeteners market?
The key driving factors of the market are rise in demand for Europe low sweeteners in various food & beverage applications and growing consumer inclination towards low calorie food.
2) Which is the leading application segment for Europe Low Sweeteners market?
Food application has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
3) Which country is gaining majority of market share during the forecast period (2021-2028)?
United Kingdom is expected to gain major market share during the forecast period (2021-2028).
