Market Size of Asia Pacific Food Sweetener Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 1.67 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Food Sweetener Market Analysis
The Asia-Pacific Food Sweetener Market is growing at a very slow pace, registering a CAGR of 1.67% during the forecast period (2020-2025).
- China is the largest bulk sweetener consuming country in the Asia-Pacific region, accounting for a major share of the bulk sweeteners market.Moreover, the country is the primary source of sugar substitutes.
- The remarkable growth in the Food and Beverage market is also driving the food sweetener market.There is a rising prevalence of diabetes, obesity, and cardiac diseases, due to the high consumption of sugar-based products. This, in turn, is augmenting the demand for sweeteners.
- With the changing regulatory environment and permission for using sweeteners in dairy products, biscuits, and confectionery, the artificial sweeteners segment is witnessing high growth.
