The demand for low-calorie sweeteners in Asia-Pacific is expected to increase at a rapid pace over the forecast period, owing to the continuous product launches and expansion by key players. Moreover, the expansion of local brands in developing regions is expected to boost the global sweetener market. The sweetener market size was valued at …
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Sweetener Market Growing at 4.6% CAGR to Hit USD 130.6 Billion by 2031
The sweetener market size was valued at $82.3 billion in 2021, and is estimated to reach $130.6 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031. Sweeteners are sugar and sugar substitutes that are used to provide taste, texture, and viscosity to a product. Sweeteners are of two types—natural and artificial. …
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