DALLAS: The report “Sugar Substitute Market – By Types (HFS, HIS & LIS), Subtypes (Stevia, Sorbitol, Tagatose, Aspartame, Saccharine, Sucralose, Xylitol & Others) & Applications (Healthcare & Personal Care, Beverage & Food) – Global Trends, Forecasts to 2018 ” defines and segments the global sugar substitute market with analysis of current demand and forecasted consumption in terms of volume and revenue. It also identifies the driving and restraining factors for the global sugar substitute market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented on the basis of types, subtypes and application segments for sugar substitutes.

The sugar substitute market was estimated at $10.5 billion in 2012. This value is expected to increase to $13.7 billion by 2018, with 4.5% CAGR for the forecasted period. North America was expected to lead the global sugar substitute market with share of 49.0% followed by Asia-Pacific (21.4%), and Europe (20.9%) in terms of revenue in the year 2012.