Report Description
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.
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
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Details
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Report Title
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Food Sweetener Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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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)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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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
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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.
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.
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.
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.
Table Of Content
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