The Growing Market for Sugar Substitutes: Trends, Innovations, and Regional Insights
The global sugar substitutes market is estimated at USD 23.56 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 4.9%, reaching USD 29.90 billion by 2029. This growth is driven by increasing consumer demand for low-calorie, natural, and functional alternatives to sugar. As awareness of sugar’s health implications rises, consumers, industries, and regulatory bodies...
3 Drivers for Sugar Substitutes Market – An Overview
Various food additives are commonly used to substitute sugar. These additives duplicate the sweetness of sugar but usually contain fewer calories. Sugar substitutes could be both natural and artificial, depending on the ingredients used in them. Since the past few years, the global sugar substitute market is witnessing steady growth. This growth is attributed to numerous factors including rise in the...