Summary

Argentina Food Sweetener is growing at a CAGR of 6.11% during the forecast period (2020-2025).

Key Highlights
Argentina food sweetener market is driven by the increasing investments in the food and beverage industry since these products use a high amount of sweeteners, natural, or otherwise. The food and beverage sector accounts for over 70% of the local sugar demand.
The steadily increasing economic growth and the rise of the middle-class population and income have pushed the region into economic success, which in turn, has led to a rise in the amount of both high-end and traditional foods consumed.


Key Market Trends

Glucose Is The Fastest Growing Bulk Sweetener Type

Glucose, also called dextrose is a simple sugar found naturally in foods such as fruits and honey. It is also derived from plants, like corn, for use as a sweetener in foods. According to the Sugar Association, dextrose is crystalline glucose and a majority of dextrose used in food is derived from cornstarch. Various applications of glucose in foods include desserts like cake mixes, cookies, custards, and sherbets as well as in snack foods like crackers and pretzels. Dextrose tablets are recommended for people suffering from hypoglycemia. It is also used in intravenous drips for certain patients in the hospital. It also has industrial uses and is a raw material in the production of vitamin c and Sorbital.

Argentina Bakery Segment Is Growing With New Opportunities

Argentina Bakery Market is growing at a good pace as the customers are seeking for products with higher quality, healthy products that that are good in value and the increasing demand for premium products. Sugar is one of the essential ingredients in baked goods that assist in Maillard reaction, thus giving the desirable golden brown appearance. Moreover, it also acts as hygroscopic, meaning it attracts and holds water molecules agent, thus providing desirable texture as well as mouthfeel. Cakes and biscuits for low energy supply, also aimed at diabetic subjects, can be sweetened with low levels of aspartame in combination with fructose, sorbitol, and xylitol.


Competitive Landscape

Argentina 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.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

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