Global Sugar Reduction Technology Market - Industry Trends and Forecast to 2030
The global sugar reduction technology market is expected to reach USD 46,491.44 million by 2030 from USD 21,487.21 million in 2022, growing at a CAGR of 10.2% during the forecast period of 2023 to 2030.
Market Segmentation:Global Sugar Reduction Technology Market, By Alternative Type (Artificial Sweeteners, Naturally-Derived Sweeteners, Sugar Alcohols, and Sweetness Modulators), Technology (Enzymatic Conversion, Extraction Technology, Flavor Delivery Technology, Cambya Sugar Reduction Technology, and Others), Application (Food & Beverages, Bakery and Confectionery, Processed Foods, Dairy Products, and Others), Sales Channel (Direct Channel, Indirect Channel, and Specialty Stores), Form (Crystallized, Powder, Liquid, and Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Denmark, Netherlands, Switzerland, Sweden, Poland, Norway, Finland, Rest of Europe, China, Japan, South Korea, India, Singapore, Australia, Malaysia, Philippines, Thailand, Indonesia, Taiwan, Vietnam, New Zealand, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, Bahrain, UAE, Kuwait, Oman, Qatar, Egypt, Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Global Sugar Reduction Technology Market Dynamics:Driver
• Increase in the health-consciousness among global consumers
Restraint
• Government- imposed strict restrictions and regulations
Opportunity
• Rise in the demand for healthy food ingredients in the food and beverage sector
Market Players:Some of the key market players operating in the global sugar reduction technology market are listed below:• ADM
• Cargill, Incorporated
• Ingredion Incorporated
• Roquette Frères
• Kerry Group plc.
• Firmenich SA
• Givaudan
• Sensient Technologies Corporation
• AJINOMOTO FOODS EUROPE SAS
• Tate & Lyle
• Valio Ltd
• Layn Natural Ingredients
• Celanese Corporation
• DouxMatok
• Sweegen
• Bayn Solutions AB (publ)
• BlueTree Technologies Ltd.
• Inulox Ltd
• Better Juice
• Fooditive Group
• Arboreal Stevia