Dry sweeteners are used in bakery, confectionery, sweets, and ice cream as sweetening agents. Cakes, muffins, cookies, breads, and nut coatings are among the most common uses for dried sweetener. Dry sweeteners, such as dry honey, malt, raisins, fruits sugars, and molasses, can effectively and efficiently replace liquid or uncooked sweeteners. Dry sweeteners are available in a variety of forms, including fine powder, granular, coarse powder, and others depending on the purpose.
MARKET SCOPE
The "Global Dry Sweeteners Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dry sweeteners market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading dry sweeteners market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of product type, the market is segmented into fruit sugars, dextrose, molasses, corn malt, and others.
- On the basis of application, the market is segmented into bakery & confectionery, dairy & frozen desserts, beverages, and others.
MARKET DYNAMICS
Drivers:
- Rising demand for bakery products such as cakes, muffins, cookies, pastries, among others is expected to drive the demand for dry sweeteners over the forecast period
- Moreover, inccreasing utilization of dry sweeteners as sweetening agents in ice creams and frozen desserts is also projected to propel the market growth
- Furthermore, increasing usage of dry sweeteners in alcoholic as well as non-alcoholic beverages is also driving the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The dry sweeteners market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dry sweeteners market in these regions.
IMPACT OF COVID-19 ON DRY SWEETENERS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the dry sweeteners market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Dry sweeteners market are anticipated to lucrative growth opportunities in the future with the rising demand for dry sweeteners in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dry sweeteners market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ADM
- Sweeteners Plus
- Marroquin Organic
- Nordic Sugar A/S
- Cargill Incorporated
- Royal Ingredients Group
- Tereos Starch and Sweeteners s.a.s
- Health Care Products Ltd
- Malt Products Corporation
- Jimbo's Naturally
- Tate and Lyle
- The Tereos Group
- Ingredion
- Naturally Sweet
- Anderson Advanced Ingredients
- Roquette Fr?res
- Matsutani Chemical Industry Co., Ltd
- Daesang Corporation
- Savanna Ingredients
- Icon Foods
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.