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(Health-NewsWire.Net, July 30, 2021 ) Global Starch Based Sweetener Market was valued at US$ 1,700.6 Mn in 2020 and it is expected to reach at US$ 2,794.8 Mn by 2027, growing at a CAGR of 7.7% from 2020-2027.
The increase in concern regarding the prevalence of obesity is encouraging consumers to opt for natural & zero-calorie sweeteners. For instance, according to the Global Stevia Institutes internal survey, around 60% of Americans prefer low-calorie sugar alcohols in their foods. This factor drives the growth of global starch based sweetener market.
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Global Starch Based Sweetener Market Share Analysis by End User
The food & beverage segment accounted for the fastest growing segment in the global market, in 2019, in terms of value. Sugars are largely consumed to offer a sweetening taste in an array of food & beverage products. Owing to this, most of the consumption of natural sweeteners is also witnessed in the food & beverage industry. With the growing demand for newer products from the end-consumers, food & beverage manufacturers have been developing and innovating an array of products, including various natural sweeteners. In the coming few years, the food & beverage industry is projected to witness immense investments from key players worldwide. Thus, the manufacturers of the natural sweetener products mainly target their line of products to food & beverage sector players only.
Key Players
Various key players are listed in this report such as Cargill Inc, Tate & Lyle, Shuangqiao Company Ltd, Ingredion, Tereos, Agrana, Hungrana, ADM, Kall Ingredients, Baolingbao Biology Co.,Ltd, Glucovil Argentina S.A., Arcor, SULZER Ltd, Novasep, Avebe, Corn Refiners Association, Sanwa starch co ltd, Cofco Biochemical, Global Sweeteners Holdings Limited, Daesang Corporation, Vaisala, Enzyme Innovation, Baolingbao, Feitian, Tianzi, SUNUS CO., LTD., etc.
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Market Segmentation
By Type
High Fructose Starch Syrup (HFSS)
o HFSS42
o HFSS55
o HFCS90
Dextrose
o Dextrose monohydrate
o Dextrose anhydrous
Fructose
o Crystalline fructose
o Liquefied fructose
Others
By Material
Corn
Wheat
Cassava
Others
By End User
Food and Beverages
Pharmaceuticals
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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Qualiket Research
Hemant Singh
8208257128
hemant.singh@qualiketresearch.com
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