(Entertainment-NewsWire.com, July 13, 2024 ) As per Stellar Market Research, the High Intensity Sweeteners Market size was valued at USD 2.41 Bn. in 2023 and the Market size is expected to grow at a CAGR of 5.60% from 2024 to 2030, reaching nearly USD 3.53 Bn. by 2030.
The High Intensity Sweeteners Market is growing due to increasing health consciousness and demand for low-calorie sweeteners says Stellar Market Research.
The Asia Pacific region leads the market, with significant contributions from China. Major companies are continuously innovating and expanding their product portfolios to meet consumer demand for healthier alternatives. Still, challenges such as competition from natural sweeteners, taste issues, regulatory differences, and health concerns need to be addressed.
High-intensity sweeteners (HIS) are substances used to sweeten foods and beverages. They are much sweeter than regular sugar, so only a small amount is needed to achieve the desired sweetness. The market for HIS includes various types like saccharin, aspartame, neotame, acesulfame, and cyclamate, which are approved by the Food and Drug Administration (FDA) for use in the United States.
Stellar Market Research is leading Food & Beverages research firm, has also published the following reports:
North America Industrial Sugar Market was valued at USD 15.34 Billion in 2023. North America Industrial Sugar Market size is estimated to grow at a CAGR of 6 % for 2030.
Chocolate Cocoa Beans Lecithin Sugar and Vanilla Market size was valued at USD 155.3 Bn. in 2023 and the market revenue is expected to grow at a CAGR of 8.2 % from 2024 to 2030, reaching nearly USD 269.63 Bn. by 2030.
About Stellar Market Research:
Stellar Market Research provided detailed market research. They research many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.
