The global sugar substitutes market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2021-2027). Sugar substitutes are mainly used in food products, however it is also used in cosmetics and personal care industry. Many companies are using sweeteners in their products for natural flavors and fragrances. Several companies are using sorbitol a sugar alcohol in cosmetic products as a sweetener. Sorbitol is a sugar alcohol made up of corn syrup. Sorbitol is also used in toothpaste and soaps. Sugar substitutes help in preventing moisture in consumer’s skin and hair. As a result of which, various personal care market players and manufactures are inclined towards offering sugar substitutes based cosmetic product, which will further propel the growth of the market
Browse the full report description of "Global Sugar Substitutes Market Size, Share & Trends Analysis Report by Type (Aspartame, Acesulfame Potassium, Sucralose, Stevia and Others), and by Application (Food & Beverage, Pharmaceuticals, and Personal care & Cosmetics) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/sugar-substitutes-market
For instance, in November 2020, Roquette, a French plant-based ingredients company and pharmaceutical excipients provider, launched its pea starch technology, Lycagel, for vegetarian softgel capsule formulations. The new capsule formulation is made up of carrageenan, a setting agent found in marine macro algae, NEOSORB sorbitol, a plant-based ingredient used for nutraceutical applications, and salt. The launch of Lycagel marks a new era for softgel formulations and manufacturing. Manufacturers no longer need to compromise on performance when launching a vegetable softgel solution.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Ajinomoto Co., Inc., Archer Daniels Midland Company, BENEO GmbH, Fooditive Group, Ingredion Incorporated, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Sugar Substitutes Market Report Segment
By Type
• Aspartame
• Acesulfame Potassium
• Sucralose
• Stevia
• Others (Saccharine and Sugar Alcohols)
By Application
• Food & Beverage
• Pharmaceuticals
• Personal Care & Cosmetics
Global Sugar Substitutes Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa