PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579903
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579903
The Global Low-calorie Sweeteners Market, which was valued at USD 30.36 billion in 2023, is projected to register a compound annual growth rate (CAGR) of 4.7% during the forecast period from 2023 to 2032. As the global population becomes increasingly health-conscious, the demand for low-calorie alternatives to traditional sugar has surged. Low-calorie sweeteners, which account for approximately 20% of the global sweetener market, provide a healthier alternative by reducing sugar intake and mitigating associated health risks such as obesity and diabetes.
The market's growth is largely driven by the rising prevalence of lifestyle disorders that have prompted consumers to seek healthier food options. This shift in consumer behavior has encouraged manufacturers to incorporate low-calorie sweeteners like stevia, aspartame, neotame, and sucralose into their products. These sweeteners offer the same taste as sugar while providing fewer calories, making them ideal for those looking to maintain a balanced diet without compromising on taste. Furthermore, the post-pandemic focus on healthier eating habits has amplified the demand for low-calorie sweeteners. Consumers are increasingly turning to products that contain natural, low-calorie sweeteners, such as stevia, which is not only cholesterol-free but also vegan-friendly. This trend is reflected in the expansion of product portfolios by key market players who are focusing on natural sources to meet the growing demand.
Low-calorie sweeteners are extensively used across various industries, including food & beverages, pharmaceuticals, and personal care products. They are integral to the production of low-calorie or sugar-free foods and beverages, particularly for individuals with diabetes, obesity, or high cholesterol. Moreover, their applications extend to pharmaceuticals, where they are used in the manufacturing of medications and supplements, as well as in personal care products such as toothpaste and mouthwash.
The key regions considered in the study include Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. the North America. remains a significant market for low-calorie sweeteners due to the rising prevalence of obesity and related health disorders. In Europe, Germany is witnessing increased demand for low-calorie sweeteners as consumers shift away from high-calorie desserts. In China, the market is driven by the growing diabetic population, where low-calorie sweeteners offer a viable alternative to traditional sugar.