Sugar Reducing Ingredients Market Research Report Information By Function (Sweeteners, Bulking Agents, and Texturants), Application (Food & Beverage and Pharmaceuticals & Nutraceuticals), Distribution Channel (B2B and B2C), and By Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) - Forecast Till 2032

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 16

1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY FUNCTION 18

1.2 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY APPLICATION 19

1.3 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL 20

1.4 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY REGION 21

2 MARKET INTRODUCTION 22

2.1 DEFINITION 22

2.2 SCOPE OF THE STUDY 22

2.3 RESEARCH OBJECTIVE 22

2.4 MARKET STRUCTURE 23

3 RESEARCH METHODOLOGY 24

3.1 RESEARCH PROCESS 24

3.2 PRIMARY RESEARCH 25

3.3 SECONDARY RESEARCH 26

3.4 MARKET SIZE ESTIMATION 27

3.5 FORECAST MODEL 28

3.6 LIST OF ASSUMPTIONS & LIMITATIONS 29

4 MARKET DYNAMICS 30

4.1 INTRODUCTION 30

4.2 DRIVERS 31

4.2.1 LARGE POOL OF PEOPLE SUFFERING FROM CARDIOVASCULAR DISEASE AS WELL AS DIABETES 31

4.2.2 FAVORABLE POLICIES LAID DOWN BY THE GOVERNMENT BODIES 32

4.2.3 DRIVER IMPACT ANALYSIS 33

4.3 RESTRAINTS 33

4.3.1 CONTRADICTORY RESULTS OF SUGAR REDUCING INGREDIENTS IN CLINICAL TRIALS 33

4.3.2 RESTRAINT IMPACT ANALYSIS 34

4.4 OPPORTUNITIES 34

4.4.1 GROWING EXPANSION POLICIES ADOPTED BY KEY PLAYERS 34

4.5 CHALLENGES 35

4.5.1 STRINGENT GOVERNMENT REGULATION 35

5 MARKET FACTOR ANALYSIS 36

5.1 VALUE CHAIN ANALYSIS 36

5.1.1 RAW MATERIAL PROCUREMENT 37

5.1.2 MANUFACTURING 37

5.1.3 PACKAGING 38

5.2 SUPPLY CHAIN ANALYSIS 39

5.2.1 RAW MATERIALS SOURCING 39

5.2.2 MANUFACTURING 40

5.2.3 DISTRIBUTION 40

5.2.4 END-USER 40

5.3 PORTER'S FIVE FORCES MODEL 41

5.3.1 BARGAINING POWER OF SUPPLIERS 42

5.3.2 BARGAINING POWER OF BUYERS 42

5.3.3 THREAT OF NEW ENTRANTS 42

5.3.4 THREAT OF SUBSTITUTES 43

5.3.5 INTENSITY OF RIVALRY 43

5.4 IMPACT OF INFLATION ON GLOBAL SUGAR REDUCING INGREDIENTS MARKET 43

5.5 SUSTAINABILITY IN SUGAR REDUCING INGREDIENTS MARKET 44

5.6 IMPACT OF COVID-19 OUTBREAK ON GLOBAL SUGAR REDUCING INGREDIENTS MARKET 45

5.6.1 IMPACT ON PRODUCTION 45

5.6.2 IMPACT ON SUPPLY CHAIN 45

5.6.3 IMPACT ON PRICING 45

5.6.4 IMPACT ON CONSUMER BUYING BEHAVIOUR 46

5.6.5 IMPACT ON OFFLINE VS ONLINE SALES 46

6 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY FUNCTION 47

6.1 OVERVIEW 47

6.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020–2030 48

6.2 SWEETENERS 48

6.2.1 SWEETENERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 48

6.3 BULKING AGENTS 49

6.3.1 BULKING AGENTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 49

6.4 TEXTURANTS 50

6.4.1 TEXTURANTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 50

7 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY APPLICATION 51

7.1 OVERVIEW 51

7.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 52

7.2 FOOD & BEVERAGE 52

7.2.1 BAKERY & CONFECTIONERY 52

7.2.2 BEVERAGES 52

7.2.3 DAIRY & DESSERTS 53

7.2.4 SNACKS & SAVORY 53

7.2.5 FOOD & BEVERAGE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 53

7.3 PHARMACEUTICALS & NUTRACEUTICALS 54

7.3.1 PHARMACEUTICALS & NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 54

8 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL 55

8.1 OVERVIEW 55

8.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 56

8.2 B2B 57

8.2.1 B2B: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 57

8.3 B2C 57

8.3.1 B2C: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 57

9 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY REGION 59

9.1 OVERVIEW 59

9.1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 60

9.2 NORTH AMERICA 60

9.2.1 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 61

9.2.2 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020–2030 62

9.2.3 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 62

9.2.4 NORTH AMERICA SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 62

9.2.5 US 63

9.2.6 CANADA 64

9.2.7 MEXICO 65

9.3 EUROPE 66

9.3.1 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 67

9.3.2 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020–2030 67

9.3.3 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 67

9.3.4 EUROPE SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 68

9.3.5 GERMANY 68

9.3.6 UK 69

9.3.7 FRANCE 70

9.3.8 SPAIN 71

9.3.9 ITALY 72

9.3.10 REST OF EUROPE 73

9.4 ASIA-PACIFIC 74

9.4.1 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 75

9.4.2 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020–2030 75

9.4.3 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 75

9.4.4 ASIA-PACIFIC SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 76

9.4.5 CHINA 76

9.4.6 INDIA 77

9.4.7 JAPAN 78

9.4.8 AUSTRALIA & NEW ZEALAND 79

9.4.9 REST OF ASIA-PACIFIC 80

9.5 REST OF THE WORLD 81

9.5.1 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 81

9.5.2 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020–2030 82

9.5.3 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 82

9.5.4 REST OF THE WORLD SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 82

9.5.5 SOUTH AMERICA 83

9.5.6 MIDDLE EAST 84

9.5.7 AFRICA 85

10 COMPETITIVE LANDSCAPE 86

10.1 INTRODUCTION 86

10.2 MARKET STRATEGY ANALYSIS 86

10.3 COMPETITIVE BENCHMARKING 87

10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 88

10.4.1 NEW PRODUCT LAUNCH 88

11 COMPANY PROFILES- SUGAR REDUCING INGREDIENTS MANUFACTURERS 90

11.1 INGREDION INCORPORATED 90

11.1.1 COMPANY OVERVIEW 90

11.1.2 FINANCIAL OVERVIEW 91

11.1.3 PRODUCTS OFFERED 92

11.1.4 KEY DEVELOPMENTS 92

11.1.5 SWOT ANALYSIS 93

11.1.6 KEY STRATEGIES 93

11.2 ADM 94

11.2.1 COMPANY OVERVIEW 94

11.2.2 FINANCIAL OVERVIEW 95

11.2.3 PRODUCTS OFFERED 95

11.2.4 KEY DEVELOPMENTS 96

11.2.5 SWOT ANALYSIS 96

11.2.6 KEY STRATEGIES 97

11.3 ROQUETTE FRÈRES 98

11.3.1 COMPANY OVERVIEW 98

11.3.2 FINANCIAL OVERVIEW 98

11.3.3 PRODUCTS OFFERED 98

11.3.4 KEY DEVELOPMENTS 98

11.3.5 KEY STRATEGIES 99

11.4 DUPONT 100

11.4.1 COMPANY OVERVIEW 100

11.4.2 FINANCIAL OVERVIEW 100

11.4.3 PRODUCTS OFFERED 101

11.4.4 KEY DEVELOPMENTS 101

11.4.5 SWOT ANALYSIS 101

11.4.6 KEY STRATEGIES 102

11.5 CARGILL INCORPORATED 103

11.5.1 COMPANY OVERVIEW 103

11.5.2 FINANCIAL OVERVIEW 103

11.5.3 PRODUCTS OFFERED 104

11.5.4 KEY DEVELOPMENTS 104

11.5.5 SWOT ANALYSIS 105

11.5.6 KEY STRATEGIES 105

11.6 TATE & LYLE 106

11.6.1 COMPANY OVERVIEW 106

11.6.2 FINANCIAL OVERVIEW 106

11.6.3 PRODUCTS OFFERED 107

11.6.4 KEY DEVELOPMENTS 107

11.6.5 SWOT ANALYSIS 108

11.6.6 KEY STRATEGIES 108

11.7 KERRY GROUP 109

11.7.1 COMPANY OVERVIEW 109

11.7.2 FINANCIAL OVERVIEW 109

11.7.3 PRODUCTS OFFERED 109

11.7.4 KEY DEVELOPMENTS 110

11.7.5 SWOT ANALYSIS 110

11.7.6 KEY STRATEGIES 110

11.8 INTERNATIONAL FLAVORS & FRAGRANCES, INC. 111

11.8.1 COMPANY OVERVIEW 111

11.8.2 FINANCIAL OVERVIEW 111

11.8.3 PRODUCTS OFFERED 112

11.8.4 KEY DEVELOPMENTS 112

11.8.5 SWOT ANALYSIS 113

11.8.6 KEY STRATEGIES 113

11.9 GLG LIFE TECH CORP. 114

11.9.1 COMPANY OVERVIEW 114

11.9.2 FINANCIAL OVERVIEW 115

11.9.3 PRODUCTS OFFERED 115

11.9.4 KEY DEVELOPMENTS 116

11.9.5 KEY STRATEGIES 116

11.10 SÜDZUCKER AG 117

11.10.1 COMPANY OVERVIEW 117

11.10.2 FINANCIAL OVERVIEW 118

11.10.3 PRODUCTS OFFERED 118

11.10.4 KEY DEVELOPMENTS 119

11.10.5 KEY STRATEGIES 119

LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 25

TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 29

TABLE 3 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020–2030 (USD MILLION) 48

TABLE 4 SWEETENERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 48

TABLE 5 BULKING AGENTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 49

TABLE 6 TEXTURANTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 50

TABLE 7 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 (USD MILLION) 52

TABLE 8 FOOD & BEVERAGE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 53

TABLE 9 PHARMACEUTICALS & NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 54

TABLE 10 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030

(USD MILLION) 56

TABLE 11 B2B: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 57

TABLE 12 B2C: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 57

TABLE 13 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 60

TABLE 14 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 (USD MILLION) 61

TABLE 15 NORTH AMERICA: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 62

TABLE 16 NORTH AMERICA: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 62

TABLE 17 NORTH AMERICA: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 62

TABLE 18 US: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 63

TABLE 19 US: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 63

TABLE 20 US: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 63

TABLE 21 CANADA: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 64

TABLE 22 CANADA: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 64

TABLE 23 CANADA: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 64

TABLE 24 MEXICO: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 65

TABLE 25 MEXICO: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 65

TABLE 26 MEXICO: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 65

TABLE 27 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 (USD MILLION) 67

TABLE 28 EUROPE: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 67

TABLE 29 EUROPE: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 67

TABLE 30 EUROPE: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 68

TABLE 31 GERMANY: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 68

TABLE 32 GERMANY: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 68

TABLE 33 GERMANY: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 68

TABLE 34 UK: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 69

TABLE 35 UK: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 69

TABLE 36 UK: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 69

TABLE 37 FRANCE: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 70

TABLE 38 FRANCE: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 70

TABLE 39 FRANCE: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 70

TABLE 40 SPAIN: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 71

TABLE 41 SPAIN: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 71

TABLE 42 SPAIN: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 71

TABLE 43 ITALY: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 72

TABLE 44 ITALY: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 72

TABLE 45 ITALY: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 72

TABLE 46 REST OF EUROPE: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 73

TABLE 47 REST OF EUROPE: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 73

TABLE 48 REST OF EUROPE: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 73

TABLE 49 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2030 (USD MILLION) 75

TABLE 50 ASIA-PACIFIC: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 75

TABLE 51 ASIA-PACIFIC: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 75

TABLE 52 ASIA-PACIFIC: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 76

TABLE 53 CHINA: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 76

TABLE 54 CHINA: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 76

TABLE 55 CHINA: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 76

TABLE 56 INDIA: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 77

TABLE 57 INDIA: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 77

TABLE 58 INDIA: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 77

TABLE 59 JAPAN: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 78

TABLE 60 JAPAN: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 78

TABLE 61 JAPAN: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 78

TABLE 62 AUSTRALIA & NEW ZEALAND: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 79

TABLE 63 AUSTRALIA & NEW ZEALAND: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 79

TABLE 64 AUSTRALIA & NEW ZEALAND: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 79

TABLE 65 REST OF ASIA-PACIFIC: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 80

TABLE 66 REST OF ASIA-PACIFIC: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 80

TABLE 67 REST OF ASIA-PACIFIC: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 80

TABLE 68 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 (USD MILLION) 81

TABLE 69 REST OF THE WORLD: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 82

TABLE 70 REST OF THE WORLD: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 82

TABLE 71 REST OF THE WORLD: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 82

TABLE 72 SOUTH AMERICA: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 83

TABLE 73 SOUTH AMERICA: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 83

TABLE 74 SOUTH AMERICA: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 83

TABLE 75 MIDDLE EAST: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 84

TABLE 76 MIDDLE EAST: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 84

TABLE 77 MIDDLE EAST: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 84

TABLE 78 AFRICA: MARKET ESTIMATES, BY FUNCTION, 2020–2030 (USD MILLION) 85

TABLE 79 AFRICA: MARKET ESTIMATES, BY APPLICATION, 2020–2030 (USD MILLION) 85

TABLE 80 AFRICA: MARKET ESTIMATES, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 85

TABLE 81 NEW PRODUCT LAUNCH 88

TABLE 82 INGREDION INCORPORATED: PRODUCTS OFFERED 92

TABLE 83 INGREDION INCORPORATED: KEY DEVELOPMENTS 92

TABLE 84 ADM: PRODUCTS OFFERED 95

TABLE 85 ADM: KEY DEVELOPMENTS 96

TABLE 86 ROQUETTE FRÈRES: PRODUCTS OFFERED 98

TABLE 87 ROQUETTE FRÈRES: KEY DEVELOPMENTS 98

TABLE 88 DUPONT: PRODUCTS OFFERED 101

TABLE 89 DUPONT: KEY DEVELOPMENTS 101

TABLE 90 CARGILL INCORPORATED: PRODUCTS OFFERED 104

TABLE 91 CARGILL INCORPORATED: KEY DEVELOPMENTS 104

TABLE 92 TATE & LYLE: PRODUCTS OFFERED 107

TABLE 93 TATE & LYLE: KEY DEVELOPMENTS 107

TABLE 94 KERRY GROUP: PRODUCTS OFFERED 109

TABLE 95 INTERNATIONAL FLAVORS & FRAGRANCES, INC.: PRODUCTS OFFERED 112

TABLE 96 INTERNATIONAL FLAVORS & FRAGRANCES, INC.: KEY DEVELOPMENTS 112

TABLE 97 GLG LIFE TECH CORP.: PRODUCTS OFFERED 115

TABLE 98 GLG LIFE TECH CORP.: KEY DEVELOPMENTS 116

TABLE 99 SÜDZUCKER AG: PRODUCTS OFFERED 118

TABLE 100 SÜDZUCKER AG: KEY DEVELOPMENTS 119

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 17

FIGURE 2 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY FUNCTION 18

FIGURE 3 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY APPLICATION 19

FIGURE 4 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY DISTRIBUTION CHANNEL 20

FIGURE 5 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY REGION 21

FIGURE 6 GLOBAL SUGAR REDUCING INGREDIENTS MARKET: STRUCTURE 23

FIGURE 7 RESEARCH PROCESS 24

FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 27

FIGURE 9 MARKET DYNAMIC ANALYSIS OF THE GLOBAL SUGAR REDUCING INGREDIENTS MARKET 30

FIGURE 10 PERCENTAGE OF ADULTS IN THE U.S. WHO WERE TOLD BY A DOCTOR THEY HAD A STROKE AS OF 2018, BY REGION 31

FIGURE 11 COUNTRIES WITH THE HIGHEST NUMBER OF DIABETICS WORLDWIDE IN 2021 32

FIGURE 12 VALUE CHAIN: GLOBAL SUGAR REDUCING INGREDIENTS MARKET 36

FIGURE 13 GLOBAL SUGAR REDUCING INGREDIENTS MARKET: SUPPLY CHAIN ANALYSIS 39

FIGURE 14 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL SUGAR REDUCING INGREDIENTS MARKET 41

FIGURE 15 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY FUNCTION, 2021 (% SHARE) 47

FIGURE 16 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY FUNCTION, 2020–2030 (USD MILLION) 47

FIGURE 17 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY APPLICATION, 2021 (% SHARE) 51

FIGURE 18 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY APPLICATION, 2020–2030 (USD MILLION) 51

FIGURE 19 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL, 2021 (% SHARE) 55

FIGURE 20 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 56

FIGURE 21 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY REGION, 2021 (% SHARE) 59

FIGURE 22 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY REGION, 2020–2030 (USD MILLION) 59

FIGURE 23 NORTH AMERICA: SUGAR REDUCING INGREDIENTS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 61

FIGURE 24 EUROPE: SUGAR REDUCING INGREDIENTS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 66

FIGURE 25 ASIA-PACIFIC: SUGAR REDUCING INGREDIENTS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 74

FIGURE 26 REST OF THE WORLD: SUGAR REDUCING INGREDIENTS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 81

FIGURE 27 BENCHMARKING OF MAJOR COMPETITORS 87

FIGURE 28 INGREDION INCORPORATED: FINANCIAL OVERVIEW SNAPSHOT 91

FIGURE 29 INGREDION INCORPORATED: SWOT ANALYSIS 93

FIGURE 30 ADM: FINANCIAL OVERVIEW SNAPSHOT 95

FIGURE 31 ADM: SWOT ANALYSIS 96

FIGURE 32 DUPONT: FINANCIAL OVERVIEW SNAPSHOT 100

FIGURE 33 DUPONT: SWOT ANALYSIS 101

FIGURE 34 CARGILL INCORPORATED: FINANCIAL OVERVIEW SNAPSHOT 103

FIGURE 35 CARGILL INCORPORATED: SWOT ANALYSIS 105

FIGURE 36 TATE & LYLE: FINANCIAL OVERVIEW SNAPSHOT 106

FIGURE 37 TATE & LYLE: SWOT ANALYSIS 108

FIGURE 38 KERRY GROUP: FINANCIAL OVERVIEW SNAPSHOT 109

FIGURE 39 KERRY GROUP: SWOT ANALYSIS 110

FIGURE 40 INTERNATIONAL FLAVORS & FRAGRANCES, INC.: FINANCIAL OVERVIEW SNAPSHOT 111

FIGURE 41 INTERNATIONAL FLAVORS & FRAGRANCES, INC.: SWOT ANALYSIS 113

FIGURE 42 GLG LIFE TECH CORP.: FINANCIAL OVERVIEW SNAPSHOT 115

FIGURE 43 SÜDZUCKER AG: FINANCIAL OVERVIEW SNAPSHOT 118

LIST OF ABBREVIATION

Abbreviation Full Form

US United States

UK United Kingdom

ME&A Middle East & Africa

RoW Rest of the World

CAGR Compound Annual Growth Rate

1 EXECUTIVE SUMMARY

The global sugar reducing ingredients market is projected to witness significant growth during the review period, exhibiting a CAGR of 5.39%. The market was estimated to be USD 31,947.79 million in 2021 and is expected to reach a value of USD 50,022.89 million by the end of the forecast period (2022-2030).

The global sugar reducing ingredients market has been gaining momentum in recent years, driven by various factors such as the rising prevalence of diabetes and cardiovascular diseases, favorable government policies, and increasing consumer awareness about the health risks of consuming excessive sugar. This market is expected to grow at a steady pace in the coming years, providing opportunities for businesses that produce sugar-reducing ingredients and products.

One of the primary drivers of the market is the large pool of people suffering from diabetes and cardiovascular diseases. These conditions are often associated with high sugar intake and can be managed by reducing sugar consumption. Sugar-reducing ingredients, such as artificial sweeteners, natural sweeteners, and sugar substitutes, are increasingly being used in a variety of products to cater to this growing demand. Low-calorie drinks, baked goods, and confectionery products are some of the most popular applications of these ingredients. Moreover, favorable government policies have been instrumental in driving the growth of the market. Governments around the world are introducing regulations aimed at reducing sugar consumption and promoting healthy eating habits.

However, one of the main restraints to the growth of the market is the contradictory results of clinical trials on sugar-reducing ingredients. Some studies have shown that these ingredients can be effective in reducing sugar intake and managing diabetes and cardiovascular diseases. However, other studies have found no significant benefit in reducing sugar intake. This has led to uncertainty among consumers and manufacturers about the effectiveness of sugar-reducing ingredients. As a result, companies are investing in research and development to create new and innovative ingredients that offer better results and can be used in a wider range of products.

The market presents numerous opportunities for growth, particularly through the growing expansion policies adopted by key players. Many companies are investing in research and development to create new and innovative sugar-reducing ingredients that offer better results and can be used in a wider range of products. For example, some companies are developing sweeteners that mimic the taste of sugar but with fewer calories. Others are using natural sweeteners, such as stevia, to create low-calorie products that appeal to health-conscious consumers.

However, the industry faces challenges such as stringent government regulations that govern the use of sugar-reducing ingredients. Manufacturers must comply with complex regulations and guidelines, which can be costly and time-consuming. Moreover, the approval process for new ingredients can be lengthy and uncertain, which can limit the entry of new players in the market and affect the overall growth of the industry.

FIGURE 1 MARKET SYNOPSIS

Source: MRFR Analysis

1.1 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY FUNCTION

FIGURE 2 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY FUNCTION

Source: MRFR Analysis

1.2 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY APPLICATION

FIGURE 3 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY APPLICATION

Source: MRFR Analysis

1.3 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL

FIGURE 4 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY DISTRIBUTION CHANNEL

Source: MRFR Analysis

1.4 GLOBAL SUGAR REDUCING INGREDIENTS MARKET, BY REGION

FIGURE 5 GLOBAL SUGAR REDUCING INGREDIENTS MARKET ANALYSIS BY REGION

Source: MRFR Analysis

2 MARKET INTRODUCTION

2.1 DEFINITION

The sugar reducing ingredients market refers to the food ingredients that are used as substitutes for traditional sugar in various food and beverage products. These ingredients are intended to provide sweetness to foods and beverages without adding the same amount of calories or raising blood sugar levels as traditional sugar. Sugar reducing ingredients also helps in maintaining the texture of the products without adding sugar. Some of the most commonly used sugar reducing ingredients in the market include natural sweeteners such as stevia, monk fruit, and erythritol, as well as artificial sweeteners like aspartame, sucralose, and saccharin. Other ingredients, such as honey, inulin, polydextrose, and maltodextrin, are used to add bulk and texture to products while reducing the overall sugar content. The market for sugar reducing ingredients has grown significantly in recent years, driven by increasing consumer demand for healthier food and beverage options. Consumers are becoming more aware of the negative health effects of consuming high levels of sugar, including obesity, diabetes, and heart disease, and are seeking out products that are lower in sugar.

2.2 SCOPE OF THE STUDY

The scope of the global sugar reducing ingredients market study includes the market size analysis and a detailed analysis of the manufacturers’ products and strategies. The market has been segmented based on the function, application, distribution channel, and region.

2.3 RESEARCH OBJECTIVE

 To provide a comprehensive analysis of the sugar reducing ingredients industry and its sub-segments in the global market, thereby providing a detailed structure of the industry

 To provide detailed insights into factors driving and restraining the growth of the global sugar reducing ingredients market

 To estimate the market size of the global sugar reducing ingredients market where 2020 would be the historical year, 2021 shall be the base year, and 2022 to 2030 will be the forecast period for the study

 To analyze the global sugar reducing ingredients market in four main geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World.

 To provide country-wise market value analysis for various segments of the sugar reducing ingredients market

 To provide strategic profiling of key companies (manufacturers and distributors) present across the globe and comprehensively analyze their competitiveness/competitive landscape in this market

 To provide a distribution chain analysis/value chain for the global sugar reducing ingredients market

2.4 MARKET STRUCTURE

FIGURE 6 GLOBAL SUGAR REDUCING INGREDIENTS MARKET: STRUCTURE

Source: MRFR Analysis

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

Market Research Future analysis is based on interviews with industry experts who offer insight into the market structure, market segmentation, technology assessment, competitive landscape (CL), market penetration, and emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on years of professional expertise in their respective industries. Our analysts also predict where the market will be headed in the next five to 10 years by analyzing historical trends and the current market position. Furthermore, the varying trends in segments and categories in each region are studied and estimated based on primary and secondary research.

FIGURE 7 RESEARCH PROCESS

Source: MRFR Analysis

TABLE 1 PRIMARY INTERVIEWS

Region Manufacturers Retailers Consumers Total Number of Primary Interviews

North America 45% 25% 50% 100

Europe 35% 25% 40% 100

Asia-Pacific 35% 25% 30% 60

Rest of the World 20% 20% 25% 50

3.2 PRIMARY RESEARCH

Extensive primary research was conducted to gain a deeper insight into the market and the industry performance. For this particular report, we have conducted primary surveys (interviews) with the key level executives (VPs, CEOs, marketing directors, and business development managers, among others) of the major players active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed in the next five years.

3.3 SECONDARY RESEARCH

Secondary research was mainly used to collect and identify information useful for an extensive, technical, market-oriented, and commercial study of the global zipper market. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and technology. For this study, analysts have gathered information from various credible sources such as annual reports, SEC filings, journals, white papers, corporate presentations, company websites, international organizations of sugar reducing ingredients, manufacturers, and paid databases.

3.4 MARKET SIZE ESTIMATION

Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of the overall zipper market. The key players in the market were identified through secondary research, and their market contributions in the respective regions were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market have been covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data. This data has been consolidated and detailed inputs and analysis added by Market Research Future before being presented in this report. The following figure is an illustrative representation of the overall market size estimation process employed for the purpose of this study.

FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES

Source: MRFR Analysis

3.5 FORECAST MODEL

Source: MRFR Analysis

3.6 LIST OF ASSUMPTIONS & LIMITATIONS

TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS

Parameter Assumptions & Limitations

Currency Value All forecasts have been made with the revenue and value calculated under the standard assumption that the value of the globally accepted currency, the US dollar, remains constant over the next five years.

Exchange Rates and Currency For the conversion of various currencies to USD, the average historical exchange rates have been used according to the year specified. For all historical and current exchange rates required for calculations and currency conversions, the OANDA website has been used in this research study.

Conversion

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