Navigation Links
BCC Research Forecasts the Global Market for Sugar and Other Sweeteners to Reach Nearly $97.2 Billion by 2017: BCC Research
Date:7/15/2013

Wellesley, MA (PRWEB) July 15, 2013

Sugar is a large commodity market and a very mature one. In the global sweeteners market, sugar claims the dominant share. In terms of consumption, the global sugar market has shown continuous increases, since sugar is a necessary product and its consumption increases with growth in population and per-capita income.

The global market for sugar and sweeteners in 2011 was nearly $99.1 billion and dropped significantly in 2012 to about $77.5 billion. In this market, sugar holds the majority share, comprising an 83% to 85% share. It is worthwhile to note that, although the volume of sugar consumption is rising globally by a compound annual growth rate (CAGR) of approximately 4%, the sugar market value in dollar terms is largely dictated by sugar prices, which are extremely volatile, leading to market-value fluctuations on a year-on-year basis.

The overall market is expected to rise at a CAGR of 4.6% and reach nearly $97.2 billion by 2017. This is based on price projections for sugar in that year as estimated by reputable economic and regulatory bodies. The sugar alcohol segment grew from nearly $1.9 billion in 2011 to $2 billion in 2012. This market is expected to grow at a five-year CAGR of 7.9% and reach a value of nearly $3 billion by 2017. The market for high-intensity sweeteners is expected to reach nearly $1.9 billion in 2017. The non-nutritive category has been growing at a faster pace at a CAGR of 5.2%. This growth is due to increased awareness and usage of dietary foods. Also, the growing population of overweight, obese, and diabetic patients globally is fueling the growth of this category.

Sugar has been the most widely used sweetener in the world, with its closest substitute being high-fructose corn syrup (HFCS). The share of other caloric sweeteners is not significant in the global sweeteners market, but their shares are expected to rise in the coming years, due to increasing cases of obesity, diabetes, and growing health concerns among the people

The sugar alcohol industry has witnessed an uptrend in the past decades. Driven by increasing demand, there is a drive for additional manufacturing capacity in major manufacturing bases of the world such as China and India. The biggest consumer market for alcohols is Europe, which uses them in various areas such as baked products, confectionaries and frozen desserts.

The food and beverage industry is increasingly replacing sugar or corn syrup with non-nutritive sweeteners in a range of products traditionally containing sugar. Aspartame is currently the most popular artificial sweetener in the U.S. food industry, as its price dropped significantly since the Monsanto Co. patent expired in 1992. Sucralose recently (since 2008) has become the most popular sweetener, quickly replacing aspartame to artificially sweeten foods and beverages.

Global Markets for Sugars and Sweeteners in Processed Foods and Beverages (FOD018D) will:

  • Provide an overview of the current and future characteristics of the global market for sweeteners. Discuss comprehensive analysis and future direction of sweeteners as an important ingredient in various types of meals and foods
  • Explore present and future strategies within the sweeteners market, which includes sugars, caloric sweeteners, sugar alcohols, and high-intensity or noncaloric/non-nutritive sweeteners. The improvisation of the market, its setbacks, and needs are discussed in this report. The classifications, comparisons, and usage of these types of sweeteners are also portrayed in this report
  • Provide and overview of the sweeteners industry structure.Revenues are broken down by region. Sales figures are estimated for the five-year period from 2012 through 2017
  • Cover significant patents and their allotments in each category.

Read the full story at http://www.prweb.com/releases/2013/7/prweb10826585.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Multiple Sclerosis Drugs Market - New Industry Research Report is Now Available for Pre-Order at Transparency Market Research
2. Immunoprotein Diagnostic Testing Market - New Industry Research Report is Now Available for Pre-Order at Transparency Market Research
3. Point of Care Diagnostics Market - New Industry Research Report is Now Available for Pre-Order at Transparency Market Research
4. Medical Supply Manufacturing in China Industry Research Report – Now Available from IBISWorld
5. Spinal Surgery and Implants Devices Market - New Industry Research Report is Now Available for Pre-Order at Transparency Market Research
6. APAC Will Lead Digital Oil Field Market by 2022 in Oil & Gas Industry Says a Research Report at ReportsnReports.coms
7. Global Breast Cancer Market 2013: Latest Industry Analysis, Size, Share, Growth, Trends and Forecast Research Report Available at Marketresearchreports.biz
8. Research finds racial/ethnic disparities in health care among older male cancer survivors
9. Damon Runyon, Sohn Conference Foundations name 4 new pediatric cancer research fellows
10. Global Biosensors Market Is Expected to Reach USD 18.9 Billion in 2018 - Transparency Market Research
11. Intravascular Ultrasound Tools & Ancillary Equipment Market – 2017 Forecast and Analysis in New Research Report at ReportsnReports.com
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/29/2017)... ... ... VisualSP has helped over 1.5 million SharePoint users learn the content management system ... Help System for SharePoint was at the farm level. Enterprises using SharePoint Online in ... The company recently released a modified version of the Help System, VisualSP for Site ...
(Date:3/28/2017)... ... March 28, 2017 , ... Tuesday, March 28, 2017, is the annual American ... Diabetes Risk Test to find out if they are at risk for developing Type ... up the evening sky by programming the LAX pylons the color red. Downtown’s U.S. ...
(Date:3/28/2017)... ... March 28, 2017 , ... India’s ... technology to directly address the resolution to globally reduce the harmful use of ... compound of FDA and TTB approved ingredients that when infused into alcohol, renders ...
(Date:3/28/2017)... ... 2017 , ... Resoundant, Inc., the developer of Magnetic ... annual customer education symposium, a world-class learning conference that offers educational content designed ... 31, 2017 at the Atlanta Marriott Marquis in Atlanta, Georgia. , Innovations for ...
(Date:3/28/2017)... ... March 29, 2017 , ... The Thyroid ... Isabella Wentz, Pharm.D., FASCP. The program was recently launched on March 1, and ... regarding thyroid function. , Dr. Izabella Wentz is a licensed pharmacist and ...
Breaking Medicine News(10 mins):
(Date:3/29/2017)... New York , March 29, 2017 /PRNewswire/ ... recently published a report, which provides an exhaustive ... to the study, nearly 242 companies are functional ... fragmented and competitive. With the leading companies, such ... Purdue Pharma LP, focusing aggressively on various marketing ...
(Date:3/29/2017)... Research and Markets has announced the addition of the ... ... drugs market to grow at a CAGR of 2.87% during the ... 2017-2021, has been prepared based on an in-depth market analysis with ... its growth prospects over the coming years. The report also includes ...
(Date:3/29/2017)... March 29, 2017 Varian Medical Systems (NYSE: ... for the second quarter of fiscal year 2017 following the ... news release will be followed by a teleconference available to ... and a link to the conference call webcast will be ... access the teleconference call and replay: ...
Breaking Medicine Technology: