Food Sweetener Market

Food Sweetener Market

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Anuradha

Author :

Anuradha B. More

Vaibhav

Fact-checked by :

Vaibhav Chandola

Aman

Editor :

Aman Singh

Food Sweetener Market Outlook 2031

The global food sweetener market size was valued at USD 85.64 Billion in 2022 and is projected to reach USD 106.02 Billion by 2031, expanding at a CAGR of 2.4% during the forecast period, 2023–2031. The growth of the market is attributed to the resistance for using sugars owing to rising health problems like dental issues, diabetes, and obesity generated the demand for alternatives of sugar.

Food sweetener is a substitute for sugar which gives sweet taste like sugar containing less food energy and fewer calories. Unhealthy eating habits and new living standards are influencing the health conditions of the people globally. The consumption of food sweetener is growing due to government regulations to decrease the consumption of sugar, consumer awareness, and application in various healthy food products in the market.

Food Sweetener Market Outlook

Global food sweetener market is highly affected due to Covid-19 pandemic circumstances happened in the world. Supply in the market witnessed a hamper due to lockdown opposed in various countries owing to covid-19. Consumers trying to maintain weight and have healthy food are growing the market of food sweetener across globe.

Food Sweetener Market Trends, Drivers, Restraints, and Opportunities

  • Changing preference of health-conscious people towards healthier choices is estimated to drive the market in the coming years.
  • Rapid growth of the food & beverage industry is major factor boosting the market during the forecast period.
  • Growing demand for the food sweetening is expected to drive the market.
  • Side effects and health problems due to overconsumption of food sweetener can act as main challenge that can hinder the market growth.
  • R&D investment and activities to produce innovative and advanced food sweetener products is anticipated to offer significant opportunities for the market players.

Scope of Food Sweetener Market Report

The report on the global food sweetener market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Food Sweetener Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Product Types (High Intensity Sweeteners [Neotame, Sucralose, Saccharin, Stevia, Aspartame, and Other High Intensity Sweeteners], Starch Sweeteners and Sugar Dextrose Alcohols [Sorbitol, High Fructose Corn Syrup, Maltodextrin, and Other Starch Sweeteners and Sugar Alcohols], and Sucrose), Applications (Meat and Meat Products, Dairy and Desserts, Beverages, Bakery and Confectionary, Soups, Sauces, and Dressings, and Other Applications)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Tate & Lyle PLC, Stevia Hub India, Pyure Brands LLC, Fooditive B.V., Cargill Incorporated, FoodChem International Corporation, The Real Stevia Company, Stevia Biotech Pvt. Ltd., and XiliNat

Food Sweetener Market Segment Insights

Product Types Segment Analysis

Based on product types, the global food sweetener market is segmented into high intensity sweeteners, starch sweeteners and sugar dextrose alcohols, and sucrose. High intensity sweeteners are further classified into neotame, sucralose, saccharin, stevia, aspartame, and other high intensity sweeteners.

Starch sweeteners and sugar dextrose alcohols are segregated into sorbitol, high fructose corn syrup, maltodextrin, and other starch sweeteners and sugar alcohols.


The stevia sweetener segment is expected to constitute a key share of the market during the forecast period owing to sweet tasting components of stevia which do not contribute carbohydrates or calories to the beverages and food it is added. Diabetic patients can consume various foods and comply with healthy meals as it does not affect insulin or blood glucose response.

Food Sweetener Market Product Types

Applications Segment Analysis 

In terms of applications, the global food sweetener market is fragmented into meat and meat products, dairy and desserts, beverages, bakery and confectionary, soups, sauces, and dressings, and other applications.

The beverages segment is expected to represent a key share of the market in the coming years due to high usage of food sweeteners in beverages including flavored water, diet carbonated drinks, and other beverages. Increasing demand for the beverage products is fueling the food sweetener market.

Food Sweetener Market Applications

Regional Analysis

On the basis of regions, the global food sweetener market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to dominate the market during the forecast period.

The regional market growth can be attributed to rising health-conscious consumers, surge in income and the purchasing power, and their changing lifestyle. Factors such as rapid urbanization, increasing population, diet diversification, and trade policies in food sector are observing change in the food sweetening market.

Food Sweetener Market Region

Segments

The global food sweetener market has been segmented on the basis of

Product Types

  • High Intensity Sweeteners
    • Neotame
    • Sucralose
    • Saccharin
    • Stevia
    • Aspartame
    • Other High Intensity Sweeteners
  • Starch Sweeteners and Sugar Dextrose Alcohols
    • Sorbitol
    • High Fructose Corn Syrup
    • Maltodextrin
    • Other Starch Sweeteners and Sugar Alcohols
  • Sucrose

Applications

  • Meat and Meat Products
  • Dairy and Desserts
  • Beverages
  • Bakery and Confectionary
  • Soups, Sauces, and Dressings
  • Other Applications

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Tate & Lyle PLC
  • Stevia Hub India
  • Pyure Brands LLC
  • Fooditive B.V.
  • Cargill Incorporated
  • FoodChem International Corporation
  • The Real Stevia Company
  • Stevia Biotech Pvt. Ltd.
  • XiliNat

Competitive Landscape

Key players competing in the global food sweetener market include Tate & Lyle PLC, Stevia Hub India, Pyure Brands LLC, Fooditive B.V., Cargill Incorporated, FoodChem International Corporation, The Real Stevia Company, Stevia Biotech Pvt. Ltd., and XiliNat.

Some of these players are focusing on several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. 
For instance,

  • In July 2018, ADM and Aston Foods get into a joint venture of sweeteners and starch in Russia to expand its business in natural sweeteners market.
  • In July 2020, Tate & Lyle launched innovative VANTAGE sweetener solution design tools with an education program to create sugar-reduced food and drinks using low-calorie sweeteners.

Food Sweetener Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Sweetener Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Sweetener Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Sweetener Market - Supply Chain
  4.5. Global Food Sweetener Market Forecast
     4.5.1. Food Sweetener Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Sweetener Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Sweetener Market Absolute $ Opportunity
5. Global Food Sweetener Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Food Sweetener Market Size and Volume Forecast by Types
     5.3.1. High Intensity Sweeteners
     5.3.2. Starch Sweeteners and Sugar Dextrose Alcohols
     5.3.3. Sucrose
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Sweetener Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Food Sweetener Market Size and Volume Forecast by Applications
     6.3.1. Meat and Meat Products
     6.3.2. Dairy and Deserts
     6.3.3. Beverages
     6.3.4. Bakery and Confectionary
     6.3.5. Soups, Sauces, and Dressings
     6.3.6. Other Applications
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food Sweetener Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Food Sweetener Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Food Sweetener Demand Share Forecast, 2019-2026
8. North America Food Sweetener Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Food Sweetener Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Food Sweetener Market Size and Volume Forecast by Types
     8.4.1. High Intensity Sweeteners
     8.4.2. Starch Sweeteners and Sugar Dextrose Alcohols
     8.4.3. Sucrose
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Food Sweetener Market Size and Volume Forecast by Applications
     8.7.1. Meat and Meat Products
     8.7.2. Dairy and Deserts
     8.7.3. Beverages
     8.7.4. Bakery and Confectionary
     8.7.5. Soups, Sauces, and Dressings
     8.7.6. Other Applications
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Food Sweetener Demand Share Forecast, 2019-2026
9. Latin America Food Sweetener Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Food Sweetener Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Food Sweetener Market Size and Volume Forecast by Types
     9.4.1. High Intensity Sweeteners
     9.4.2. Starch Sweeteners and Sugar Dextrose Alcohols
     9.4.3. Sucrose
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Food Sweetener Market Size and Volume Forecast by Applications
     9.7.1. Meat and Meat Products
     9.7.2. Dairy and Deserts
     9.7.3. Beverages
     9.7.4. Bakery and Confectionary
     9.7.5. Soups, Sauces, and Dressings
     9.7.6. Other Applications
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Food Sweetener Demand Share Forecast, 2019-2026
10. Europe Food Sweetener Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Food Sweetener Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Food Sweetener Market Size and Volume Forecast by Types
     10.4.1. High Intensity Sweeteners
     10.4.2. Starch Sweeteners and Sugar Dextrose Alcohols
     10.4.3. Sucrose
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Food Sweetener Market Size and Volume Forecast by Applications
     10.7.1. Meat and Meat Products
     10.7.2. Dairy and Deserts
     10.7.3. Beverages
     10.7.4. Bakery and Confectionary
     10.7.5. Soups, Sauces, and Dressings
     10.7.6. Other Applications
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Food Sweetener Demand Share Forecast, 2019-2026
11. Asia Pacific Food Sweetener Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Food Sweetener Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Food Sweetener Market Size and Volume Forecast by Types
     11.4.1. High Intensity Sweeteners
     11.4.2. Starch Sweeteners and Sugar Dextrose Alcohols
     11.4.3. Sucrose
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Food Sweetener Market Size and Volume Forecast by Applications
     11.7.1. Meat and Meat Products
     11.7.2. Dairy and Deserts
     11.7.3. Beverages
     11.7.4. Bakery and Confectionary
     11.7.5. Soups, Sauces, and Dressings
     11.7.6. Other Applications
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Food Sweetener Demand Share Forecast, 2019-2026
12. Middle East & Africa Food Sweetener Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Food Sweetener Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Food Sweetener Market Size and Volume Forecast by Types
     12.4.1. High Intensity Sweeteners
     12.4.2. Starch Sweeteners and Sugar Dextrose Alcohols
     12.4.3. Sucrose
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Food Sweetener Market Size and Volume Forecast by Applications
     12.7.1. Meat and Meat Products
     12.7.2. Dairy and Deserts
     12.7.3. Beverages
     12.7.4. Bakery and Confectionary
     12.7.5. Soups, Sauces, and Dressings
     12.7.6. Other Applications
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Food Sweetener Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Food Sweetener Market: Market Share Analysis
  13.2. Food Sweetener Distributors and Customers
  13.3. Food Sweetener Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Tate & Lyle PLC
     13.4.2. Stevia Hub India
     13.4.3. Pyure Brands LLC
     13.4.4. Fooditive B.V.
     13.4.5. Cargill Incorporated
     13.4.6. FoodChem International Corporation
     13.4.7. The Real Stevia Company
     13.4.8. Stevia Biotech

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