Market Size of Middle East & Africa Low Calorie Sweeteners Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.80 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
MEA Low Calorie Sweeteners Market Analysis
The Middle East and Africa Low Calorie Sweeteners Market is expected to grow at a CAGR of 5.8%, during the forecast period, 2020 to 2025.
- An increasing demand for low-calorie sweeteners from food and beverage manufacturers has witnessed a significant growth in the last few years, owing to the rising concern over obesity and diabetes, across the region.
- Furthermore, products such as stevia has a less penetration rate in the Middle East as compared to the developed countries however, such products is expected to witness healthy growth over the coming years. On the other hand, major players operating in the industry are seeking to invest heavily and diversify their existing product portfolio in the region that will enable them to incorporate stevia into traditionally consumed products. In addition to the above mentioned facts, the proposed sugary beverage tax in countries such as that of Saudi Arabia and UAE might act as a propeller for the industry to move forward.
