In the EU, in general, if a food additive belongs to the category/functional class 'sweetener' it must be designated by the name of that category (i.e., 'sweetener'), followed by its specific name or, if appropriate, E number on the food packaging (EC 2008, EU 2011).
According to the report, Increasing Demand for LCS (Low Calorie Sugars)
is one of the primary growth factors for the market. High Demand from Soft Drink and Confectionery Industries
is also expected to contribute significantly to the Artificial Sweetner market. Overall, Bakery Items
applications of Artificial Sweetner, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Offline, is boosting the Artificial Sweetner market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Artificial Sweetner market identified that the demand is rising in many different parts of the world as "Upsurging Prevalence of Obesity and Diabetes
". Furthermore, some recent industry insights like "In June 2022, Roquette, a global leader in plant-based ingredients and a pioneer in plant proteins, launched two rice proteins, a bold move to add new plant sources to its current portfolio. With NUTRALYS rice protein, Roquette offers a consumer-friendly, safe, and nutritious alternative protein of premium quality and high production standards. Roquette's rice protein will debut at the IFT FIRST event in Chicago, July 10-13. This launch is a new step in the group's commitment to developing new plant-based cuisines that support a healthier lifestyle." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Artificial Sweetner market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Artificial Sweetner market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Artificial Sweetner market size is calculated using market estimation process, the Artificial Sweetner market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Artificial Sweetner market size has been validated using both top-down and bottom-up approaches.