The latest research study “Global Food Sweetener Market Growth, Share, Size, Industry Trends, 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.
Covid-19 Impact:
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.
Industry Definition and Application:
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.
Global 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. 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.
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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 been segmented the market into following categories:
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
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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