Sugar Substitutes Market To Witness A Significant Growth Of USD 10.42 Billion By 2030
San Francisco, 26 Dec 2023: The Report Sugar Substitutes Market Size, Share & Trends Analysis Report By Type (High- intensity, Low-intensity Sweeteners), By Application (Food, Health & Personal Care), By Region (EU, APAC, MEA), And Segment Forecasts, 2022 - 2030 The global sugar substitutes market size is expected to reach USD 10.42 billion by 2030, registering a CAGR of 5.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. Growing consumer inclination toward low-calorie foods and beverages, particularly in developing countries, are expected to propel the industry growth during the forecast period. In addition, increasing demand for immunity boosters and less-sugary products owing to the rising consumer awareness to improve their general health and well-being is expected to accelerate the industry growth. COVID-19 had forced governments to impose lockdowns, due to which more than half of people's physical activity had b...