Market Size of South 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 | 6.22 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Low-Calorie Sweeteners Market Analysis
South America low-calorie sweeteners market is projected to witness a CAGR of 6.22% during the forecast period (2020 - 2025).
- The trend of health and wellness packaged foods, over the last few years, have recorded stronger retail volume sales growth in natural sweeteners in South America.
- Moroever, the health and wellness trend has also impacted the beverage space in the region, where there has been increasing demand for the low-calorie carbonates and low-calorie sweeteners infused drinks, which are being positioned as natural beverages, combined with antioxidants or added vitamins. This factor is expected to drive the market studied.
- Reduction of sugar in food and beverages is an increasingly important issue across Latin America where the rates of obesity and Type-2 diabetes are on the rise. The governments have introduced measures to restrict sugar intakes, such as front-of-pack warning labels in Chile, Peru, and Uruguay. These factors too are increasing the demand for these low-calorie sweeteners in the region studied.
