Market Size of Indonesia Food Sweetener Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Indonesia Food Sweetener Market Analysis
The Indonesia food sweetener market is expected to register a CAGR of 4.5% during the forecast period (2020- 2025).
- An increasing demand for natural, non-caloric sweetener is the primary factor driving the Indonesian sweetener market. Another vital factor is the growing consumption of processed food products.
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However, the fluctuating cost of sweeteners restrains the market. Moreover, stringent regulations concerned with sweeteners affect the market. The application of sugar substitutes in nutrition and sports drinks provides further opportunity for the market.
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Growing obese population and increasing health awareness have boosted the demand for natural, non-caloric sweeteners.
