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The Asia Pacific Sugar Substitutes Market would witness market growth of 5.6% CAGR during the forecast period (2017 - 2023). Asia Pacific is a region with tremendous market potential for sugar substitute manufacturing, due to better living standards among the middle-class population, and better spending power among consumers. Additionally, growing concerns about health among the health-conscious people would be a major factor that would propel market growth.
China is the major market for sugar substitutes in the Asia Pacific region. Large manufacturers? base and aging population in the country would further propel the demand for sugar substitute products in the country. Based on Application, the Sugar Substitutes market segments the market into Food, Beverages, and Others. Food Application market is segmented into Bakery & Confectioneries, Dairy, and Others.
Based on Type, the Sugar Substitutes market segments the market into High-Intensity Sweeteners, Low-Intensity Sweeteners, and High Fructose Syrup. Based on Countries, the Sugar Substitutes market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the Asia Pacific Sugar Substitutes Market. Key companies profiled in the report include Tate & Lyle Plc, Cargill, Inc., Archer Daniels Midland Company, Ingredion Incorporated, E.I. Du Pont De Nemours and Company, The NutraSweet Company, JK Sucralose Inc., PureCircle Limited, Ajinomoto Co., Inc., and Roquette.