In 2014 the global market for food sweeteners was valued at USD 84 billion. It is estimated to increase at a CAGR of 4.5% to reach nearly USD 111 billion by 2020.
Egypt Food Sweetener Market Dynamics
Sugar dictates more than 80% share in this market. The major constraint in the sugar market is the volatility in prices, leading to market fluctuations.
Egypt Food Sweetener Market Segmentation
The sweetener market is segmented into sugar, high-intensity sweeteners (HIS) and high-fructose corn syrup. The market for HIS is expected to reach nearly USD 2.2 billion in 2020 at a CAGR of 5.1%. This growth is due to increased awareness and usage of dietary foods. Another major driver is the growing population of overweight, obese, and diabetic patients which is resulting in growth in this category. Although presently, HIS does not constitute a major share of the market, this is the fastest growing segment due to the rising health concerns among people. Aspartame and sucralose are the most famous sweeteners in the HIS segment. Stevia is also seeing a major demand in the natural sweeteners category. Saccharin and cyclamate are the lowest-cost HIS available, and therefore enjoy wide use in developing regions of Africa. Along with Asia and South America, Africa accounted for the bulk of cyclamate consumption. As diet beverages and food become more popular for health-related reasons, cyclamate, as the least expensive HIS, has replaced sucrose or table sugar in these regions.
In the African regions, concerns about health and nutrition are relatively nascent and diet products have less market penetration, due to which food sweeteners are in high demand in this region.
Key Players in Egypt Food Sweetener Market
The leading players in this segment are Cargill, Kerry Group, Stevia First Corporation, Hermes Sweeteners Ltd, and Tate and Lyle Plc. Companies are bringing innovation in the stevia-derived products to meet the consumer demand for non-caloric natural sweeteners
1.1 Research Methodology
1.2 Definition of the Market
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
4.1.1 Consumer preferences for healthier and natural bakery products in european countries
4.1.2 High demand for processed and convenience foods in western countries
4.1.3 Increasing demand for fiber supplements to fulfil nutrtitional requirement globally
4.1.4 Increasing western influence and awareness of health benefits from dietary fibers in developing countries
4.2.1 Delayed and inconsistent regulatory standards for approval
4.2.2 Technical difficulties pertaining to reactivity and stability
4.3.1 Unexploited market in the developing countries
4.3.2 Identification of new active ingredients
4.3.3 Higher incidence of application in weight management and healthcare industry
4.4 Porter Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Function Type
5.1.1 Bulking agent
5.1.2 Fat Replacer
5.1.3 Texturing agent
5.2 By Product Type
5.2.3 Chitin & Chitosan
5.2.5 Resistant starch
5.3 By Application
5.3.5 Pasta & Soups
5.4 By Geography
5.4.1 North America
5.4.4 South America
18.104.22.168 South Africa
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies in the past five years
6.5 Market Share Analysis
7. Company Profiles
7.1 Archer Daniels Midland Company
7.2 Cargill Inc.
7.3 E. I. Dupont De Nemours and Company
7.4 Fibrisol Service Limited
7.5 Grain Processing Corporation
7.6 Ingredion Incorporated
7.7 J. Rettenmaier & SÃ¶hne Gmbh & Co. Kg
7.8 Roquette FrÃ¨res
7.9 Shanghai Nuoshen Food Trading Co., Ltd.
7.10 SÃ¼dzucker Ag
7.11 Sunopta, Inc.
7.12 Taiyo Lucid Pvt Ltd.
7.13 Tate & Lyle PLC