Market Overview 2022-2027:
The latest research study “Global Food Sweetener Market Share, Size, Industry Trends, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global food sweetener market reached a value of US$ 87.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 103.95 Billion by 2027, exhibiting a CAGR of 2.80% during 2022-2027.
Industry Definition and Application:
Food sweeteners are additives that enhance the sweetness of various foods and beverages through processes such as fermentation, baking, and caramelization. These substances have a texture, flavor, and interaction with other ingredients similar to sugar and can be obtained from natural sources or manufactured artificially. Their commercially available variants include sucrose, starch, and high-intensity sweeteners. They help prevent tooth decay, regulate blood sugar levels, resist diabetes, and control weight gain as they are low in calories. As a result, food sweeteners find extensive applications in soups, candies, sauces, dressing, confectionery, and other baked products.
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What are the major market drivers in the food sweetener market?
The global food sweetener market is primarily driven by the surging product adoption across the food and beverage (F&B) sector. Additionally, the escalating demand for low-sugar and low-calorie consumer goods, such as ice cream, grain-based desserts, diet coke, and yogurt, has accelerated the adoption of food sweeteners. This can be attributed to the rising consumer health consciousness and the increasing prevalence of obesity, diabetes, cardiovascular diseases, and other lifestyle diseases.
Moreover, the shifting focus of key players toward artificial and other sugar substitutes, such as xylitol, erythritol, and mannitol, in the formulation of confectionery items to expand their product portfolios is another major growth-inducing factor. Furthermore, the introduction of natural sweeteners manufactured from organic ingredients, such as stevia and honey, to imitate the taste of table sugar is contributing to the market growth. Other factors, including rising investments in research and development (R&D) activities, increasing collaborations among key players, and shifting inclination toward low-calorie beverages, are also anticipated to drive the market further.
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| Food Sweetener Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 87.51 Billion |
| Market forecast in 2027 | US$ 103.95 Billion |
| Growth Rate | CAGR of 2.80% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Product Type, Application, Distribution Channel and Region |
| Regional scope | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
| Key companies profiled | Ajinomoto Co. Inc., Archer-Daniels-Midland Company, Cargill Incorporated, Celanese Corporation, DuPont de Nemours Inc., Foodchem International Corporation, GLG Life Tech Corporation, Ingredion Incorporated, NutraSweet Company (Manus Bio), S&W Seed Company, Tate & Lyle PLC and Tereos. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization preview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has segmented the market on the basis of region, product type, application and distribution channel.
Breakup by Product Type:
- Sucrose
- Starch Sweeteners and Sugar Alcohols
- Dextrose
- High Fructose Corn Syrup (HFCS)
- Maltodextrin
- Sorbitol
- Xylitol
- Others
- High Intensity Sweeteners (HIS)
- Sucralose
- Stevia
- Aspartame
- Saccharin
- Neotame
- Acesulfame Potassium (Ace-K)?
- Others
Breakup by Application:
- Bakery and Confectionery
- Dairy and Desserts
- Beverages
- Meat and Meat Products
- Soups, Sauces and Dressings
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Departmental Stores
- Convenience Stores
- Online Stores
- Others
Breakup By Geography:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
List of Major Key Players:
The major players in the market are Ajinomoto Co. Inc., Archer-Daniels-Midland Company, Cargill Incorporated, Celanese Corporation, DuPont de Nemours Inc., Foodchem International Corporation, GLG Life Tech Corporation, Ingredion Incorporated, NutraSweet Company (Manus Bio), S&W Seed Company, Tate & Lyle PLC and Tereos.
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