Egypt Food Sweetener Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

Egypt Food Sweetener Market is forecasted to grow at a CAGR of 5.22% during the forecast period (2020-2025).

• The demand for high intensity sweetener is growing due to increased awareness and usage of dietary foods. Another major driver is the growing population of overweight, obese, and diabetic patients which is resulting in growth in this category. 
• Although presently, HIS does not constitute a major share of the market, this is the fastest growing segment due to the rising health concerns among people.

Scope of the report

Egypt Food Sweetener Market is segmented by product type and application. O the basis of product type, the market is segmented into Sucrose (Common Sugar), Starch Sweeteners and Sugar Alcohols, High Intensity Sweeteners (HIS). On the basis of application, the market is segmented into Dairy, Bakery, Soups, Sauces and Dressings, Confectionery, Beverages, Others.

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Key Market Trends

Increasing demand from emerging countries due to growing urbanization and rising affluence.

The majority of countries with high absolute consumption of sugar falls in the emerging economies category, and consequently these nations have high burden of lifestyle diseases as pointed by the World Health Organization (WHO). Consumption of high-intensity sweeteners in the United States, Canada, Western Europe, and Africa is expected to grow at lower rates, as the diet beverages market, the largest application sector, has matured. However, the demand in developing economies is expected to increase during the forecast period. Overall, the huge demand for food has led the entire value chain in developing countries to open markets for food sweeteners and new introductions from foreign players, driving the demand for food sweeteners.

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