According to the latest report by IMARC Group, “Global Food Sweetener Market Trends, Share, Growth, Industry Size, Opportunity and Forecast 2022-2027“, 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.
Food sweeteners refer to food additives that impart a sweet taste to numerous meals and beverages with the support of preservation, baking, caramelization, fermentation, and other techniques. They can be produced from natural sources or processed artificially and are similar to sugar in terms of taste, texture, and interaction with ingredients. Food sweeteners are low in calories and aid in preventing tooth decay, controlling blood sugar levels, resisting diabetes, regulating weight, etc. On account of these properties, they are used in soups, confectionery, candies, sauces, dressings, etc. At present, food sweeteners are commercially available in sucrose, starch, and high-intensity sweeteners (HIS) types.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Food Sweetener Market Trends and Drivers:
The rising requirement for low-sugar and -calorie consumer goods, including diet coke, yogurt, ice cream, grain-based desserts, etc., is primarily driving the food sweetener market. Besides this, the expanding health consciousness and the increasing prevalence of obesity, diabetes, cardiovascular diseases, and other lifestyle-based ailments are further catalyzing the market growth.
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In addition to this, the introduction of natural sweeteners composed of organic ingredients, such as stevia and honey, is acting as another significant growth-inducing factor. Furthermore, manufacturers are focusing on including artificial and other sugar substitutes, such as xylitol, erythritol, mannitol, etc., in the formulation of confectionery items, which is also fueling the global market. In line with this, the extensive product adoption across the food and beverage (F&B) sector is expected to bolster the food sweetener market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Food Sweetener Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis of region, product type, application and distribution channel.
Breakup by Product Type:
- Starch Sweeteners and Sugar Alcohols
- High Fructose Corn Syrup (HFCS)
- High Intensity Sweeteners (HIS)
- Acesulfame Potassium (Ace-K)?
Breakup by Application:
- Bakery and Confectionery
- Dairy and Desserts
- Meat and Meat Products
- Soups, Sauces and Dressings
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Departmental Stores
- Convenience Stores
- Online Stores
Breakup by Region:
- 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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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