Market Trends of South America Sugar Substitutes Industry
This section covers the major market trends shaping the South America Sugar Substitutes Market according to our research experts:
Increasing Lifestyle-associated Diseases With Consumption Of Sugar Are Driving The Market
The consumption of added sugars has been associated with increased risk of a variety of chronic diseases including obesity, cardiovascular disease, diabetes and non-alcoholic fatty liver disease (NAFLD), as well as cognitive decline and even cancer. It has been a well-established fact that sugars and all fermentable carbohydrates contribute to the multi-factorial etiology of tooth decay. A report from the joint WHO/FAO expert consultation states that dental caries is preventable by limiting the frequency and amount of consumption of sugars. WHO’s Department of Nutrition for Health provide solid evidence that keeping intake of free sugars to less than 10% of the total energy intake, reduces the risk of being overweight, obesity and tooth decay.
Brazil is a Major Market in South America
Brazil is the largest producer and exporter of sugar. High levels of sweetener consumption along with the country's economic conditions are driving the market. The increasing health issues such as obesity, diabetes, etc. attracts people towards consuming low-calorie foods and beverages which will gradually lead to the growth in the sugar substitute market. The beverage industry has a major application with the sugar substitutes followed by bakery and confectionary. Brazil market has also witnessed a surplus growth in the sales of stevia-based beverages which are expected to affect the growth of the sugar substitute market. According to a recent decree passed by the President of the Republic of Brazil in 2016, Beverage manufacturers can now use a combination of stevia and sugar, which will boost the market.
