Market Size of United Kingdom Food Sweetener Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 1.59 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Food Sweeteners Market Analysis
UK Food Sweetener is growing at a slower pace, registering a CAGR 1.59% during the forecast period (2020-2025).
- The increasing consumption of sweetened yoghurt and bakery products is expected to augment the growth of the market studied in the country. Furthermore, according to WHO, not more than 10% of the food energy should be derived from sugar.
- In United Kingdom, sugar substitutes is the fastest growing market. Xylitol accounts for the largest share of around 20%, primarily due to its extensive applications in beverage and bakery segments.
- Furthermore, the country is witnessing sales for products that use stevia in combination with sugar, in order to provide great taste, along with low calories.