Global Sucralose Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Global Sucralose Market Overview :
“The global Sucralose Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Sucralose is a sugar substitute or artificial sweetener. It’s nearly about 600 times sweeter as table sugar Sucralose are commercially sold under the brand names including Zero-Cal, Splenda Zero, Candys, Sukrana, SucraPlus, Apriva, Splenda, Nevella, and Cukren.
It was discovered by British college who misheard instructions in the years 1976. It is made from sugar by a multi-step chemical process in which 3 hydrogen-oxygen groups compounds are replaced with chlorine atoms. Splenda is common as a sugar substitute in both baking and cooking. It is widely accepted in many food and beverage products because it is a no-calorie sweetener, safe for consumption, and does not promote dental cavities.
Global Sucralose Market: Dynamics
Growing health consciousness among consumers and rising disposable income especially in the developing countries are the key factors expected to drive market growth to a significant extent growth in terms of revenue. In addition, increasing incidences of lifestyle-related diseases such as obesity, diabetes, and many others., improving the living standard of people, changing consumer consumption pattern, continuous increasing demand for sucralose by the food and beverage industry, are some of the factors driving the growth of the global sucralose market.
However, the high cost and availability of some substitute product are some of the major factors expected to restraint growth of the global market to a certain extent. In addition, some health hazards caused by overconsumption of sucralose consumption such as allergies, dizziness, gastrointestinal problems, weight gain, migraines are a factor expected to hamper the growth of the target market.
Global Sucralose Market: Segment Analysis
Among the product segments, the food grade is projected to register the highest market share over the forecast years. This is primarily due to, higher usage in a wide range of food and beverages as a sweetener for products such as health drinks, confectionary, bakery products, and juices.
Among the application segments, the beverage is projected to hold the majority of market share, owing to an increasing number of health-conscious people who prefer calorie-free sweetener in beverages.
Global Sucralose Market: Regional Analysis
The market in North America expected to account for significant revenue share followed by Europe. This is primarily due to, rising investment in research and development activities by the private and government organization for healthy substitution of sugar.
The market in the Asia Pacific is expected to register the fastest growth rate over the forthcoming years. This is primarily attributed, rapidly growing food & beverages industries in countries such as India, China, and Japan and growing awareness regarding health and healthy food products among consumers are some major factors for driving the growth of sucralose market in the Asia Pacific region.
In addition, the countries in the Asia Pacific region witnessed increasing demand for sucralose from households and restaurants sectors and is a factor expected to support the growth of the target market over the forecast period.
Segmentation by products:
- Industrial Grade
- Feed Grade
- Pharmaceutical Grade
- Food Grade
Segmentation by application:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- JK Sucralose Inc.
- Eastern Food Chem Co. Ltd.
- Niutang, Amalgamated Sugar. Co.
- Galam Ltd.
- Evolva Holding SA
- SaIngredion Inc.
- Nutrasweet Company
- Beckmann-Kenko GmbH.
- Techno Food Ingredients Co., Ltd.
- Guangdong Food Industry
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