Market Size of Asia-Pacific Starch Sweetener Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.55 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Starch Sweetener Market Analysis
Asia-Pacific Starch Sweetener Market is projected to grow at a CAGR of 5.55% during the forecast period 2020-2025.
- The inclination toward low-calorie sweetener and low-calorie beverages, such as diet coke and low-calorie drinks, and low-calorie foods, such as yogurt, ice cream, and grain-based desserts, has gained popularity in the region. The physiology of sweetness receptors is also being studied in greater detail, and to the depths that is unprecedented, with an endeavor to make food and beverages sweet without using sugar.
- Moreover, the replacement of sugar with low-calorie sweeteners, such as aspartame and stevia can reduce the calorie intake, and thus, help in weight and blood sugar level management. This may create a huge gap in terms of demand for starch sugars, thus, hampering the market growth.