Italy Food Sweetener Market Analysis
The Italy Food Sweetener Market is expected to register a CAGR of 0.72% during the forecast period.
- The usage of sweeteners in various energy drinks is a major growth driver, primarily due to the high consumption of sports drinks by adults.Dairy products, such as sweetened yogurt, and dairy beverages are also popular categories in the country.
- Sugar and sweetener categories continued to benefit from Italy’s economic recovery and the positive development of fresh ground coffee pods, along with the evolution of cane and organic sugar and stevia-based sweeteners.
- In Italy, stevia is expected to witness steady growth in the near future. This category is witnessing high demand from the food and beverage industry.
Italy Food Sweetener Market Trends
Dairy Segment Has The Major Application Of Sweetener
By incorporating sweeteners in dairy and frozen products, one can easily reduce added sugars and lower calories, making them even more attractive to label-reading consumers. There is an increasing awareness among consumers to closely pay attention to the level and types of sweeteners being employed in such products. Thus, it has become more important for food manufacturers to provide transparent information regarding sweetener systems. In dairy products, functional properties of sugar include mouthfeel, taste, reduction of freezing point, and water-binding. Sugar is also a key component to the firmness of dairy products, impacting the flow and thermal characteristics (viscosity, osmolality, water mobility, freezing point depression, etc.) during and after processing.
Stevia Is Gaining Popularity
Stevia is a plant sugar and it is gaining popularity as a natural sweetener as the demand for natural and organic labelled products are rapidly growing. In the late 2008, the FDA declared that the sweetener stevia is "generally recognized as safe," and the product quickly was assimilated into the food industry as an alternative sweetener or sugar substitute. According the World Health Organization (WHO), global stevia consumption could eventually replace 20% to 30% of all dietary sweeteners in the next few years.
Italy Food Sweetener Industry Overview
Italy Food Sweetener Market is a fragmented market with the presence of various players. Major players are bringing innovatoions in their products and are expanding their product portfolio to maintain the position in the market. Players are also focusing on natural and clean label products since consumers are becoming more health conscious.
Italy Food Sweetener Market Leaders
Cargill
Tate & Lyle
Ingredion
Tereos S.A
- *Disclaimer: Major Players sorted in no particular order