Hyderabad, India -- (SBWIRE) -- 03/21/2018 -- Regular sugar which is high in calories is being replaced by a huge array of sugar substitutes within the food & beverage business. Modern customers are a lot health-conscious and opt for healthy, but low-caloric food merchandise. The food & beverage business is progressively switching sugar or syrup with different sugar substitutes in a wide array of products usually containing sugar.

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The Europe Sugar Substitutes market has been valued at USD 3.66 Billion in 2016 and is projected to achieve USD 4.47 Billion by 2021, at a CAGR of 4.10%.
The ever-changing lifestyles of individuals in the developing countries of the region are the main factors accelerating the sugar substitutes market. Advancement in technology because of development in economic conditions has paved the way for innovations in sweeteners market.

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Adoption of healthy food consumption trends in the developed countries of Europe has a positive impact on the expansion of sugar substitutes market. Sugar substitutes help in preventing the danger of being overweight and heart diseases.

The number of diabetic patients has increased enormously over the years. The number of adults in the world with diabetes has doubled since 1980. Europe contains many diabetic patients and over the years this number has been increasing vastly. This has influenced the high sale of sugar substitutes in the convenience food business. Manufacturers are trying to introduce new products into the market relentlessly.

Geographically, Europe market for Sugar Substitutes is divided into Germany, Spain, U.K., France, and Italy. Europe is presently the second biggest market in terms of market share across the world, owing to the rising demand for healthier alternatives in baked goods and confectionaries.
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The major firms in the present market include Givaudan SA, Chr. Hansen Holding A/S, BASF, CP Kelco U.S., Inc., DSM Nutritional Products AG, Archer-Daniels-Midlands Company, Associated British Foods Plc., Ajinomoto Co., Sensient Technologies Corporation, and Cargill Inc.

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