Market Size of North America Low-Calorie Sweeteners Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.62 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Low-Calorie Sweetener Market Analysis
The North America low-calorie sweeteners market is projected to grow with a CAGR of 5.62% during the forecast period (2020 - 2025).
- North America holds some of the largest economies of the global market, especially the United States and Canada. The consumers are increasingly inclining towards healthy diets in the form of low-calorific food and beverages. Thus, significantly driving the market.
- By Application, the beverage segment is widely driving the market studied owing to consumer demand for diet or low-calorie drinks such as coke, and other soft drinks. Recently, sucralose replaced aspartame in the soft drink application.
- The dominance of global players in the region forms a competitive market. Moreover, the companies are also investing in research and development in order to satiate the surging demand and generate higher revenue.
