Natural And Artificial Sweetener Market Research Insights 2022-28

The global natural and artificial sweetener market size was valued at USD 24.5 billion in 2021 and is poised to grow at a significant CAGR of 2.3% during the forecast period 2022–2028. Artificial sweeteners are widely utilized in dairy products, bread goods, drinks, candies, and other foods to make them taste good and healthier. By 2028, the beverage application segment will likely dominate the market for artificial sweeteners. Regular sugar is gradually being replaced by artificial sugar substitutes in the beverage industry, mainly soft drinks. Leading beverage companies are switching from sugar-to-sugar replacements because they can be used in smaller amounts without compromising the product's flavor and appearance, which results in significant cost savings. Furthermore, consumers concerned about their health are now looking for better alternatives to refined sugar. The high daily consumption of refined sugar significantly contributes to many serious ailments, including diabetes...