Italy Food Sweetener Market Share, Growth & Forecast | 2031

Italy Food Sweetener Market Share, Growth & Forecast | 2031

Segments - Italy Food Sweetener Market by Product Types (Sucrose, Starch Sweeteners & Sugar Alcohols [Dextrose, High Fructose Corn Syrup, Malt dextrin, Sorbitol, Xylitol, and Others], and High Intensity Sweeteners [Sucralose, Aspartame, Saccharin, Cyclamate, Neotame, Stevia, Ace-K, and Others]), and Applications (Dairy, Bakery, Confectionery, Beverages, Soups, Sauces & Dressings, and Others) - Italy Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-1968 | 4.7 Rating | 64 Reviews | 186 Pages | Format : PDF Excel PPT

Report Description


The Italy Food Sweetener Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of XX% during the forecast period, 2023 – 2031Growth of the market is attributed to the use of sweeteners in different energy drinks.

Sweeteners are defined as food additives intended to sweeten foods. Edible sweeteners are products that contain permitted sweeteners and are designed to maximize sales. Consumption is often used as a substitute for sugar. Sweeteners such as sugar and honey are not additives and are not subject to government regulations. Sweeteners are classified as high intensity or large amounts. Sweeteners taste very sweet, but they are not high in calories. They basically increase the volume of food and are sweeter than sugar, so the amount is very small.

Italy Food Sweetener Market Outlook

The Covid-19 pandemic affected the demand and supply of Italy food sweeteners market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

  • Increasing awareness regarding healthy foods and rising health consciousness is projected to boost the market during the forecast period.

  • Rapid growth of the beverages industry owing to rising demand in sports drink is major factors fueling the market in the coming years.

  • Growing geriatric population and increasing diabetic patients is anticipated to drive the market during forecast period.

  • High cost of natural food sweeteners is projected to hamper the market growth.

  • Lack of awareness among consumers about the benefit of consuming natural sweeteners act as major factors that can hamper the market growth during the forecast period.

  • R&D investment and development of innovative products with new flavors and high nutritive value is projected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the Italy food sweeteners 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

Italy Food Sweetener Market - 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 & Sugar Alcohols [Dextrose, High Fructose Corn Syrup, Malt dextrin, Sorbitol, Xylitol, and Others], and High Intensity Sweeteners [Sucralose, Aspartame, Saccharin, Cyclamate, Neotame, Stevia, Ace-K, and Others]), and Applications (Dairy, Bakery, Confectionery, Beverages, Soups, Sauces & Dressings, and Others)

Geography

Italy

Report Coverage

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

Key Players Covered in the Report

Tereos S.A.; Cargill; Ingredion; and Tate & Lyle

 

Market Segment Insights

Stevia under High Intensity Sweeteners segment is projected to represent a major market share

In terms of product types, the Italy food sweeteners market is fragmented into sucrose, starch sweeteners & sugar alcohols, and high intensity sweeteners. High intensity sweetener segment is sub-segmented into sucralose, aspartame, saccharin, cyclamate, neotame, stevia, ace-K, and others. The stevia segment is expected to represent a key share of the market during the forecast period.

Stevia is a plant sugar with the rapid growth in demand for foods labeled as natural and organic; it is popular as a natural sweetener. The sweetener stevia was generally considered safe and the product was quickly used in the food industry as a substitute for sugar. The sweet component of stevia is called steviol glycoside, which is naturally present in stevia leaves.

These are the isolated and refined sweetness components of stevia leaves. In addition, stevia sweeteners do not add carbohydrates or calories to foods and beverages to which they are added. It also does not affect blood sugar or insulin response, so diabetics can choose more foods and stick to a healthy diet plan by substituting stevia for sugar.

On the other hand, the sorbitol segment under starch sweeteners & sugar alcohols is anticipated to expand at a rapid pace during the forecast period. Sorbitol is produced by the catalytic hydrogenation of glucose to glucitol (sorbitol) and is used as filler, masking agent, thickener, sweetener, and humectant in various fields. Since baked goods and confectionery have the ability to maintain freshness, prevent spoilage, and maintain fixed moisture content in the product, their production is expected to increase steadily.

The Dairy segment is expected to grow at a significant pace

Based on applications, the market is segmented into dairy, bakery, confectionery, beverages, soups, sauces & dressings, and others. The dairy segment is expected to hold a key share of the market during the forecast period. Adding sweeteners to dairy and frozen products can reduce added sugar and calories, making them more attractive to consumers who read labels.

Therefore, it becomes more important for food manufacturers to provide transparent information about sweetener systems. On the other hand, the beverage segment is anticipated to expand at a rapid pace during the forecast period. At present, natural sweeteners are favored in beverages such as carbonated weight-loss drinks and flavored water. Stevia is an important natural sweetener in beverages. Energy drinks, soda water, instant tea, flavored water, and juice options.

Italy Food Sweetener Market Applications

Segments

The Italy food sweeteners market has been segmented on the basis of

Product Types

  • Sucrose
  • Starch Sweeteners & Sugar Alcohols
  • High Intensity Sweeteners

Applications

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

Key Players

Competitive Landscape

Key players competing in the Italy food sweeteners market include Tereos S.A.; Cargill; Ingredion; and Tate & Lyle.

Some of these players are Tereos S.A.; Cargill; Ingredion; and Tate & Lyle several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Italy Food Sweetener Market Key Players


 

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 Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Food Sweetener Market Size and Volume Forecast by Applications
     5.3.1. Dairy
     5.3.2. Bakery
     5.3.3. Confectionery
     5.3.4. Beverages
     5.3.5. Soups
     5.3.6. Sauces & Dressings
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Food Sweetener Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Food Sweetener Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Food Sweetener Demand Share Forecast, 2019-2026
7. North 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
  7.2. North America Food Sweetener Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Food Sweetener Market Size and Volume Forecast by Applications
     7.4.1. Dairy
     7.4.2. Bakery
     7.4.3. Confectionery
     7.4.4. Beverages
     7.4.5. Soups
     7.4.6. Sauces & Dressings
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Food Sweetener Demand Share Forecast, 2019-2026
8. Latin 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
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Food Sweetener Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Food Sweetener Market Size and Volume Forecast by Applications
     8.4.1. Dairy
     8.4.2. Bakery
     8.4.3. Confectionery
     8.4.4. Beverages
     8.4.5. Soups
     8.4.6. Sauces & Dressings
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Food Sweetener Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
  9.2. Europe Food Sweetener Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Food Sweetener Market Size and Volume Forecast by Applications
     9.4.1. Dairy
     9.4.2. Bakery
     9.4.3. Confectionery
     9.4.4. Beverages
     9.4.5. Soups
     9.4.6. Sauces & Dressings
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Food Sweetener Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Food Sweetener Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Food Sweetener Market Size and Volume Forecast by Applications
     10.4.1. Dairy
     10.4.2. Bakery
     10.4.3. Confectionery
     10.4.4. Beverages
     10.4.5. Soups
     10.4.6. Sauces & Dressings
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Food Sweetener Demand Share Forecast, 2019-2026
11. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Food Sweetener Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Food Sweetener Market Size and Volume Forecast by Applications
     11.4.1. Dairy
     11.4.2. Bakery
     11.4.3. Confectionery
     11.4.4. Beverages
     11.4.5. Soups
     11.4.6. Sauces & Dressings
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Food Sweetener Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Food Sweetener Market: Market Share Analysis
  12.2. Food Sweetener Distributors and Customers
  12.3. Food Sweetener Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Tereos S.A.
     12.4.2. Cargill
     12.4.3. Ingredion
     12.4.4. Tate & Lyle

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