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
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 – 2031. Growth 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.
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.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing awareness regarding healthy foods and rising health consciousness is projected to boost the market during the forecast period.
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Rapid growth of the beverages industry owing to rising demand in sports drink is major factors fueling the market in the coming years.
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Growing geriatric population and increasing diabetic patients is anticipated to drive the market during forecast period.
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High cost of natural food sweeteners is projected to hamper the market growth.
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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.
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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.
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