India Food Sweetener Market

India Food Sweetener Market

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Anuradha

Author:

Anuradha B. More

Vaibhav

Fact-checked by:

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Aman

Editor:

Aman Singh

The India food sweetener market size was valued at USD 3.02 Billion in 2022 and is likely to reach USD 3.94 Billion by 2031, expanding at a CAGR of 3.01% during the forecast period, 2023–2031. The growth of the market is attributed to the increasing awareness about preservative effects of food sweeteners, such as helping in preventing food spoilage.

Food sweeteners are both natural and manufactured chemicals that give food & beverages a sweet flavour. Sweeteners can be used to preserve food, ferment it, bake it, and brown and caramelise it. Food sweetener is used in fermentation for brewing and winemaking. Texture, tenderization, and leavening can all benefit from the addition of sweetener. Natural sweeteners are nutritious and flavorful, making them preferable in both food and flavouring. Natural sweeteners have a considerably larger demand than artificial sweeteners.

India Food Sweetener Market Outlook

Artificial sweeteners are calorie-free or low-calorie chemical compounds that are used to sweeten meals and beverages instead of sugar. Drinks, sweets, ready-to-eat meals, cakes, chewing gum, and toothpaste use this type of sweetener. Food sweetener gives bulk and texture to baked goods while also assist in the formation of the baked goods' structure. It has moisturising, tenderising, and anti-toughening properties.

India Food Sweetener Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for food is anticipated to boost the market growth.

  • Growing working-women population and rising household incomes are expected to push the food sweetener market expansion.

  • High demand due to changed regulatory environment and permission for using sweeteners in dairy products, biscuits, and confectionery are projected to boost the market expansion in the coming years.

  • Rising sales of artificial sweeteners and natural sweeteners is expected to propel the market expansion during the forecast period.

  • High demand for low-calorie sweetener and low-calorie beverages among consumers is estimated to spur the market growth in the coming years.

  • Reducing consumption of artificial ingredients by consumers can hinder the market expansion during the forecast period.

  • Rising R&D investment to sweeten food & beverage products without using sugar and increasing innovation in food production are estimated to create opportunities for the market growth during the forecast period.

 Scope of India Food Sweetener Market Report

The report on the India 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

India 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 (Sucrose, Starch Sweeteners and Sugar Alcohols [Dextrose, High Fructose Corn Syrup (HFSA), Maltodextrin, Sorbitol, Xylitol and Others] and High-Intensity Sweeteners (HIS) [Sucralose, Aspartame, Saccharin, Cyclamate, Ace-K, Neotame, Stevia, and Others]), Applications (Dairy, Bakery, Beverages, Confectionery, Soups, Sauces & Dressings, and Others)

Geographical Zone

India

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, Cargill Incorporated, Archer Daniels Midland Company, DuPont, and Ingredion Incorporated.

India Food Sweetener Market Segment Insights

Stevia sub-segment is projected to account for a major market share

Based on product types, the market is divided into sucrose, starch sweeteners and sugar alcohols, and high-intensity sweeteners (HIS). The starch sweeteners, and sugar alcohols segment is further segmented into dextrose, high fructose corn syrup (HFSA), maltodextrin, sorbitol, xylitol and others. On the other hand, the high-intensity sweeteners (HIS) segment is segregated into sucralose, aspartame, saccharin, cyclamate, Ace-K, neotame, stevia, and others.

HIS are a group of chemicals that are significantly sweeter than sucrose. They are calorie-free and cariogenic-free. The majority of HIS, such as acesulfame K, aspartame, cyclamate, saccharin, and sucralose, are chemically synthesized artificial sweeteners. The stevia sub-segment is expected to account for a key market share during the forecast period. Stevia is a safe and nutritious sugar substitute that is used to sweeten meals without causing negative health effects.

It also has a variety of health benefits, including low calorie food consumption, maintaining blood sugar levels, and the risk of cavities. Consumers are increasingly choosing natural and zero-calorie sweeteners as a result of rising obesity concerns, which is anticipated to boost the market segment growth.

India Food Sweetener Market Product Type

Beverages segment to register at a significant pace

In terms of applications, the market is classified as dairy, bakery, beverages, confectionery, soups, sauces & dressings, and others. The beverages segment is expected to grow at a rapid pace in the coming years due to rising consumption of soft drink, cola, sweetened carbonated beverages, and fruit drinks, particularly among the young population. Moreover, rising incidence of obesity has increased the consumption of low-calories or sugar free beverages.

India Food Sweetener Market Application

Segments

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

Product Types

  • Sucrose
  • Starch Sweeteners, and Sugar Alcohols
    • Dextrose
    • High Fructose Corn Syrup (HFSA)
    • Maltodextrin
    • Sorbitol
    • Xylitol
    • Others
  • High-intensity Sweeteners (HIS)
    • Sucralose
    • Aspartame
    • Saccharin
    • Cyclamate
    • Ace-K
    • Neotame
    • Stevia
    • Others

Applications

  • Dairy
  • Bakery
  •  Beverages
  • Confectionery
  • Soups
  • Sauces & Dressings
  • Others

Country

  • India

Key Players

Competitive Landscape

Key players competing in the India food sweetener market include Tate & Lyle, Cargill Incorporated, Archer Daniels Midland Company, DuPont, and Ingredion Incorporated.

India 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 Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Food Sweetener Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Food Sweetener Demand Share Forecast, 2019-2026
6. North America Food Sweetener Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Food Sweetener Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Food Sweetener Demand Share Forecast, 2019-2026
7. Latin America Food Sweetener Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Food Sweetener Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Food Sweetener Demand Share Forecast, 2019-2026
8. Europe 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
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Food Sweetener Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Food Sweetener Demand Share Forecast, 2019-2026
9. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Food Sweetener Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Food Sweetener Demand Share Forecast, 2019-2026
10. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Food Sweetener Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Food Sweetener Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Food Sweetener Market: Market Share Analysis
  11.2. Food Sweetener Distributors and Customers
  11.3. Food Sweetener Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Tate & Lyle
     11.4.2. Cargill Incorporated
     11.4.3. Archer Daniels Midland Company
     11.4.4. DuPont
     11.4.5. Ingredion Incorporated

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