Low-Fat Sugar: Market Outlook
Sugar falls naturally in all foods that consist of carbohydrates such as vegetables, fruits, dairy and grains. Consuming foods that have natural sugar is good for health, but when it comes to consuming additive sugar, which is added by manufacturers to various food and drink products for the sake of increasing product shelf-life and sweetness, it can cause various health problems.
Excess sugar intake can lead to various ailments such as tooth cavities, weight gain etc., and shifting consumer’s preference towards low-fat sugar.
The low-fat sugar market has gained momentum owing to its increased demand from the consumers who are looking to include safe and nutritious ingredients in their daily diet.
The link between high sugar consumption and the risk of various diseases like diabetes has been discussed for many years. Consuming a large amount of sugar can increase chronic inflammation and rise in blood pressure, both are pathological ways of heart diseases.
Consumers used to prefer sugary beverages which contributed to the rise in many diseases, like weight gaining. Weight gaining has a large impact on the population as consumers are more conscious about their health and nutrition.
Consumption of low-fat sugar products can help in reducing the diseases associated with sugar. As consumers prefer sugar in their daily intake, low-fat sugar can aid as a substitute for sugar which possesses some properties similar to that of sugar and has no adverse effect on the body.
The low-fat sugar market is expected to witness lucrative growth over the forecast period due to changing consumer’s perceptions towards low-fat food products as well as its benefits in fluctuating cholesterol and insulin levels.
Consumer Shift Towards low-Fat Food Products is Fueling the Growth of the Global Low-Fat Sugar Market in the Forecast Period.
Sugar is said to be one of the contributor in rising cases of weight gain worldwide, especially in the United Kingdom, and increasing awareness of sugar intake is helping to increase demand for low-fat sugar products.
The upsurge in the demand from the working population is the main driver of growth in the UK for the low-fat sugar products.
Without adding any nutritional value, food and beverages are significantly raising the calorie content. The body rapidly digests these foods that are suggested as unhealthy energy sources. Products which contain sugar naturally are distinct, for example, dairy products and fruits which have natural sugars.
Overconsumption of sugar confectionery can lead to dental issues and other metabolic illnesses. Therefore, a category of confectionery products has been developed which includes low-fat sugar confectionery to meet the special dietary requirements of people with sugar-based products.
The demand for low-fat sugar can be a great source of healthy eating. Consumers are aware of health and nutrition, and as customers embark on weight loss regimes, consuming low-fat sugar products can help them keep on track.
A variety of low-fat sugar products are being made in the bakery sector such as low-fat sugar pastries, doughnuts, cookies, cupcakes and others. Innovations and new techniques in bakery can be opportunity for low-fat sugar products manufacturers in the forecast period as the bakery sector is one of the growing market, globally.
The growing innovative techniques in the preparation of different bakery products are expected to drive the growth of low-fat sugar market over the forecast period.
Rising Health Concerns Propelling Low Fat Sugar Market
Rising rates of various diseases, such as diabetes, heart attacks, obesity, are likely to increase the demand for low-fat sugar. Growing numbers of dental cases in customers will increase demand for low-fat sugar due to low-fat eating habits.
The COVID-19 outbreak has been reported to be a public health emergency of international concern by the World Health Organization (WHO). People with pre-existing medical conditions (such as heart disease and asthma) are more vulnerable to the COVID-19 virus which can become a serious condition.
Covid-19 outbreak has put a huge effect on consumers to consume low-fat sugar products as people in covid-19 had work from home culture, and people were advised to take nutritious food which can make the immune system ready to fight back against a virus. This lead to increased consumption of products such as low-fat sugar and other products containing nutritious values.
As the demand for low-fat sugar is growing, new entrants have the opportunity to set up a market. As consumers are heading towards a healthy lifestyle, that has prompted producers to launch a product with a low-fat sugar ingredient.
Popularity of Low-Fat Sugar Products in different Age Groups
Low fat sugar products are popular in the different age group such as Gen-Z and millennials as low fat sugar is not only a focus of them to maintain fitness and appearance, but manufactures are also introducing products which are somewhat indulgent.
For example, manufactures offering low fat sugar products with different flavors can attract millennials, and as a result, it can positively affect the low fat sugar market.
Low-fat sugar is high in demand as it is most commonly used by celebrities to preserve their body and well-being, which capture the attraction of individuals. Manufacturers come up with new product ideas, packaging and marketing strategies that include low-fat sugar.
As popularity is growing day by day, low-fat sugar market is expected to gain a traction over the forecast period. As a consequence, the low-fat sugar demand is increasing and is expected to increase over the coming years.
The high prices and prices fluctuation of raw material of low-fat sugar may hamper the growth of overall low-fat sugar market during the forecast period.
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Global Low-Fat Sugar Market: Key Players
Some of the key players operating in the global low fat sugar market are-
- Archer Daniels Midland (US)
- Du Pont de Nemours and Company Inc. (US)
- Tate & Lyle Plc (UK)
- Cargill Inc. (US)
- Celanese Corporation (US, Ingredion Inc. (US)
- NutraSweet (US)
- Nova Green Inc. (Canada)
- ZuChem Inc. (US)
- Foodchem International Corporation (China)
- Roquette Frères (France)
- Cumberland Packing Corp (US)
- Ajinomoto Co. Inc. (Japan)
- LB Industries Pvt Ltd (India)
- JK Sucralose Inc. (China).
Global Low-Fat Sugar Market: Regional Analysis
North America is the dominating region in the global low-fat sugar market followed by Asia Pacific. The consumption of low-fat sugar in North America is high, owing to deteriorating health conditions and busy lifestyle.
Growing awareness in consumers for convenience food is the major factors for the growth in low-fat sugar products in North America.
Moreover, Asia Pacific market is also expected to witness lucrative growth in the low-fat sugar market over the forecast period. The manufacturers operating the in the global low-fat sugar market focusing on emerging nations of Asia Pacific such as India, China, and Japan to reach consumer base.
The low fat sugar market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the low fat sugar market, including but not limited to: regional markets, nature, distribution channel and form.
An Adaptive Approach to Modern-day Research Needs
The Study is a Source of Reliable Data On:
- Low fat sugar market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The Regional Analysis Covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The low fat sugar market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the low-fat sugar market report projects the attractiveness of each major segment over the forecast period.
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Highlights of the Low-Fat Sugar Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the low-fat sugar market
- Recommendations to companies for strengthening their foothold in the low-fat sugar market
Global Low-Fat Sugar: Market Segmentation
On the basis of nature, the global low-fat sugar market can be segmented as:
On the basis of distribution channel, the global low-fat sugar market can be segmented as:
- B2B (Direct Sales)
- B2C (Indirect Sales)
- Store-based Retailing
- Convenience Stores
- Specialty Stores
- Other Retailing Formats
- Online Retailing
- Store-based Retailing
On the basis of form, the global low-fat sugar market can be segmented as:
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.