Latin America Low Intensity Sweeteners Market was worth USD 0.11 million in 2021, and is expected to grow at a CAGR of 4.9%, to reach USD 0.14 million by 2027.
Low 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 blood.They are used as a food additive especially for people who cannot tolerate 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 invention of new artificial sweeteners and change in eating habits of people to reduce weight are also expected to drive market growth. Stringent approval processes and high cost of products are restraining the market.
based on
type
applications
region
Based on type
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
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.
Brazil
Argentina
Mexico
Rest of South America
Developing countries such as Brazil and Argentina provide lucrative market opportunities for the manufacturers of low intensity sweeteners.
Cargill Inc.
Roquette Freres Company
Ingredion Incorporated
Matsutani Chemical Industry Co., Ltd.
E.I. Du Pont de Nemours and Company
ZuChem Inc.
Spi Pharma Inc.
Food Chem International Corporation
EcogreenOleochemicals
Gulshan Polyols Limited
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