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Sugar Substitutes Market SWOT Analysis | Application and Demand Till 2024

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anjali varma
Sugar Substitutes Market SWOT Analysis | Application and Demand Till 2024

The Global Sugar Substitutes Market is predicted to reach USD 19.1 billion in the forecast period owing to the growing customer’s preference towards the low-calorie foodstuffs. Sugar Substitutes are the chemical or plant-based constituents that sweeten the flavor of drinks and foods.

They are also known as the “artificial sweeteners” or “non-caloric sweeteners” which are used as an ingredient in processed foods and drinks or as a tabletop sweetener like sweetening a glass of ice tea. Most Sugar Substitutes are less in calorie or contain no calorie.

The rising cost of raw material and the growing supply chain prices are expected to restrain the market in future. It is gaining demand in the European countries since it can be added to beverages as a sweetener in combination with sucrose.

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anjali varma
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