Dublin, Jan. 26, 2024 (GLOBE NEWSWIRE) -- The "Sucralose Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The comprehensive analysis of the global sucralose market, focused on the rapid surge of interest among health-conscious consumers and the booming beverage industry, has been added to our expansive research repository.
Global Sucralose Market Report 2024 presents an in-depth exploration of current trends, growth drivers, and forecasts in the sucralose industry. This detailed market study, targeting geography-specific expansions and niche sectors, stands as a pivotal reference for stakeholders seeking data-driven decision-making insights.
Revealing significant growth patterns, the report highlights the robust expansion of sucralose application in Asia-Pacific, making this region a frontrunner in the market. Further, North America is projected to hold a considerable market share during the forecast period, with the beverage sector anticipated to foster substantial sucralose consumption.
Key Insights and Forecast Projections
- The report estimates the sucralose market size to grow from $3.76 billion in 2023 to $4.09 billion in 2024, with a CAGR of 8.9%.
- A continued ascent is projected through 2028, where the market value might reach $5.65 billion.
- Variables such as increasing health awareness, the demand for low-calorie sweeteners, and the rise of the beverage industry are key market growth determinants.
- Adoption by the food and beverage sector, especially within diet sodas and sugar-free beverages, is propelling market dynamics.
The intensive analysis encompasses versatile forms of sucralose, including industry, feed, and pharmaceutical grades, tailored to a spectrum of applications such as baked goods, confections, and dairy products. The report underscores the instrumental role of sucralose in addressing consumer demand for non-nutritive sweeteners without compromising on taste or quality.
The thriving global health trend, as indicated by rising obesity rates and chronic health issues, has intensified the focus on lifestyle and dietary choices. This trend has considerably impacted the market, as illustrated by the inclusion of sucralose in various health-oriented products.
Innovations and Market Dynamics
Notable market activities, such as strategic acquisitions and product advancements, are meticulously outlined, providing a clear view of the ever-evolving industrial landscape. From technology improvements and emerging markets to the customization of products and the growth of organic and non-GMO sucralose variants, the report captures key aspects that stakeholders need to monitor.
With critical data on sales and consumption values, the Global Sucralose Market Report 2024 is poised to serve as a vital tool for companies operating in this space. The analysis synthesizes the multi-dimensional aspects of the sucralose market, ensuring comprehensive coverage of the industry's innumerable facets.
A selection of companies mentioned in this report includes
- Tate & Lyle PLC
- JK Sucralose Inc.
- Nantong Changhai Food Additive Co Ltd.
- Ingredion Incorporated
- Newtrend Group
- BioPlus Life Sciences
- Techno Food Ingredients Co Ltd
- Niutang Chemical Ltd.
- Guangdong Food Industry Research Institute Co. Ltd.
- Changzhou Hanbang Food Co. Ltd.
- Xiamen Boao Technology Co. Ltd.
- Vitasweet co ltd.
- LAndP Food Ingredient Co Ltd.
- Unitech Sweet Ltd.
- ECPlaza Network Inc
- Eastern Food Chem Co Ltd.
- Galam Ltd.
- Evolva Holding
- SaIngredion Inc.
- Nutrasweet co
- Beckmann-Kenko GmbH
- Garuda International Inc.
- HYET Sweet S.A.S.
- Jiangxi Bentian Food Technology Co Ltd.
- Hubei Yitai Pharmaceutical Co Ltd.
- Heartland Food Products Group
- E. I. du Pont de Nemours and Company
- Cargill Incorporated
- Roquette Frères S.A.
- PureCircle Limited
For more information about this report visit https://www.researchandmarkets.com/r/op2m4h
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