(Food-Beverage-News.Com, May 22, 2017 ) According to the report Latin America Sugar Substitutes market published by Market Data Forecast, the Latin America market projected to reach USD 1.76 billion by 2021, at a CGSR of 5.40% from 2016 to 2021.
Food additives that similar to the taste of sugar are known as sugar substitutes. The food & beverage industry is increasingly replacing corn syrup or sugar with other sugar substitutes in a range of products traditionally containing sugar.
The market for sugar substitutes is mainly increasing due to increasing awareness and preference for low-caloric food, rise in health problems related to sugar consumption, and beverage products, and grow in population and disposable income. But, the market growth can be hampered due to stringent regulatory framework regarding consumption of sugar substitutes which is triggering health problems.
3) Based on Application: Health & Personal Care Beverages Food o Confectionery o Bakery o Dairy o Frozen foods
The key players in Latin America Sugar Substitutes market are Ajinomoto Co. Inc., Archer Daniels Midland Company, Cargill Incorporated, MacAndrews & Forbes Incorporated, E. I. du Pont de Nemours and Company, PureCircle Ltd., Ingredion Incorporation, Tate & Lyle PLC, Roquette Freres S.A., and JK Sucralose Incorporation.
The Latin America Sugar Substitutes market study offers the following deliverables:
• Latin America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the Latin America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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