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Europe Alternative Sweeteners Market Forecast 2021-2028

KEY FINDINGS
The Europe alternative sweeteners market is registered to record a CAGR of 2.19%, over the forecast period of 2021 to 2028. The region's market growth is driven by the increasing preference for natural ingredients and low-calorie sugar products, as well as the surging rates of obesity and diabetes.

MARKET INSIGHTS
The Europe alternative sweeteners market growth is assessed by studying Italy, Poland, Germany, Belgium, France, the United Kingdom, Russia, and the rest of Europe. The French market for alternative sweeteners is advancing, mainly on account of the country's increased beverage consumption. Moreover, France is regarded as one of the most promising nations for stevia exporters, especially across developing regions. In June 2018, European countries, including France, introduced a sugar tax, whereas other nations like Germany, initiated voluntary targets for manufacturers, in order to nutritionally optimize their product offerings.
On the other hand, the increasing population of health-conscious consumers in Italy primarily propels the country's market for alternative sweeteners. The use of sweeteners, especially in several energy drinks, is also a leading growth driver due to the high consumption of sports drinks among the adult population. Dairy products like milk beverages and sweetened yogurt are also popular, in Italy. Moreover, as one of the largest consumer markets in Europe, the country harbors the third-largest food and beverage industry. Thus, these factors are projected to supplement the alternative sweeteners market growth in Europe, during the forecast period.

COMPETITIVE INSIGHTS
Some of the leading companies operating in the market are, Naturex SA, Associated British Foods PLC, Tate and Lyle PLC, DuPont Nutrition & Health, etc.

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Europe Alternative Sweeteners Market Forecast 2021-2028
Published By :Inkwood Research
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