Asia Pacific Low Intensity Sweeteners Market By Type (Allulose, Xylitol, Tagatose, Trehalose And Isomaltuolose), By Application (Bakery, Beverages, Table Top Sweetener, Pharmaceuticals, Dairy And Desserts) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029

Updated On: January, 2024
ID: 4866
Pages: 135

Asia Pacific Low Intensity Sweeteners Market  Size and Growth Analysis:

Asia Pacific Low Intensity Sweeteners Market was worth USD 0.53 billion in 2022 and is expected to grow at a CAGR of 6.5%, to reach USD 0.72 billion by 2027.

Asia Pacific Low Intensity Sweeteners Market Overview:

Asia Pacific Low-Intensity Sweeteners MarketLow intensity sweeteners are commonly used as alternates for sugar as they are less sweet than sucrose or table sugar and contain less or no calories. They are used in large amounts on food as they are less sweet than sugar and they will not increase sugar levels in the blood. They are used as a food additive, especially for people who cannot tolerate the normal sweetness of sugar especially aged people. They are also used by health-conscious people who intend to add fewer calories to their diet but do not want to miss the sweetness. These are not natural sweeteners and are to be approved by governing agencies as safe for consumption before they are released into the market. Increasing diabetic, as well as geriatric population, rising awareness among people to reduce obesity by eating food with fewer calories and increasing demand for sugar-less products across the world, are driving the market. Increasing research and development for the invention of new artificial sweeteners and changes in the eating habits of people to reduce weight are also expected to drive the market growth. Stringent approval processes and the high cost of products are restraining the market.

Asia Pacific Low Intensity Sweeteners Market  Segmentation:

The Low Intensity Sweeteners Market is categorized based on

  • type

  • applications

  • region

Based on type, the market is categorized into

Xylitol,

Tagatose,

Allulose,

Trehalose,

Isomaltuolose

Xylitol holds the largest market share due to its unique properties such as relative sweetness as sucrose and easy digestion. Trehalose and Isomaltuolose are expected to grow at an impressive pace during the forecast period.

Based on applications, the market is categorized into

  • Bakery

  • Beverages

  • Table Top Sweetener

  • Pharmaceuticals

  • confectionery

  • Dairy and Desserts

Beverages hold the major market share due to increase in demand for low calorie beverages in diet management.

Asia Pacific Low-Intensity Sweeteners Market geographical Analysis

  • China

  • India

  • Australia

  • Japan

  • South Korea

Asia Pacific leads the low-intensity sweeteners market due to the increase in demand for low-calorie food and beverages and the increase in investments in new product development. It is also expected to be the fastest-growing market segment. China is the leading market for artificial sweeteners in this region.

Asia Pacific Low Intensity Sweeteners Market Key players:

  1. Cargill Inc.

  2. Roquette Freres Company

  3. Ingredion Incorporated

  4. Matsutani Chemical Industry Co., Ltd.

  5. E.I. Du Pont de Nemours and Company

  6. ZuChem Inc.

  7. Spi Pharma Inc.

  8. Food Chem International Corporation

  9. EcogreenOleochemicals

  10. Gulshan Polyols Limited

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