The growing health consciousness among consumers and other major driving factors is expected to favor the rise in the global sweeteners market
Reports and Insights has published a new report titled, “Sweeteners Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Sweeteners Market, By Category (High Intensity Sweetener, Low Intensity Sweetener), By Form (Powder, Liquid, Crystals), By Type (Sucrose, Natural Sweeteners (Stevia, Palm Sugar, Coconut Sugar, Honey, Maple Syrup, Monk Fruit Sugar, Agave Syrup, Lucuma Fruit Sugar, Molasses, Other Natural Sweeteners, Artificial Sweeteners, Acesulfame Potassium, Aspartame, Neotame, Advantame, Saccharin, Sucralose, Other Artificial Sweeteners), Novel Sweeteners (Stevia extracts, Tagatose, Trehalose), Sugar Alcohol), By Nature ( Organic, Conventional), By Application (Beverages, Dairy Products, Bakery & Confectionery, Dietary Supplements, Bread Spreads, Pharmaceuticals, Personal Care Applications, Other Applications) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
The global sweeteners market in 2022 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2030 with a significant CAGR of xx%.
The false or artificial sweeteners and other sugar replacements are found in a broad range of food and beverages sold with the label of "diet" or "sugar-free", comprising baked goods and soft drinks. Sweeteners are majorly used as sugar substitutes instead of using regular table sugar (sucrose).
Artificial sweeteners are just one kind of sugar substitute. Notably, some manufacturers label their sweeteners "natural" despite the fact that they are refined or processed. And some artificial sweeteners are obtained from naturally occurring substances — sucralose comes from sugar. These artificial sweeteners may prove to be helpful for people who are making efforts to lose weight. They offer sweetness to foods and drinks without summing an enormous amount of additional calories. The majority of these comprise nearly no calories. This is why sweeteners find application in various food materials like baked goods, sauces, jellies, candy, ice cream, canned goods, yogurt, and dairy products.
Moreover, it is utilized in several sugar-free products as well. The low calorie or zero calorie sweeteners comprise numerous health benefits in comparison to a teaspoon of regular sugar, which is primarily boosting its demand across the market. Attributing to which, the global sweeteners market is projected to rise substantially in the following years.
Apart from that, factors like increased health awareness among the population along with several government initiatives to lessen the consumption of sugar is also playing a significant role in propelling the demand of artificial sweeteners in the market.
On top of this, the soaring R&D activities in order to formulate and frame newer and advanced natural sweetening products is further projected to offer major growth in the demand of sugar substitutes in the global markets. Therefore, the global sweeteners market is projected to witness significant growth in the coming years.
Reports and Insights Study identifies some of the key participating players in the sweeteners market globally are Roquette Freres, Kerry Group Ajinomoto Co., Inc. JK Sucralose McNeil Nutritionals NutraSweet Property Holdings, Inc. Hermes Sweeteners Ltd. MORITA KAGAKU KOGYO CO. LTD. PureCircle Sunwin Stevia International, Inc. Zydus Wellness Ltd. DuPont (US), ADM (US), Tate & Lyle PLC (UK), Cargill (US), Ingredion Incorporated (US), FoodChem International Corporation (China), PureCircle Ltd (US), Pyure Brands LLC (US), Stevia Hub India (India), Suminter India Organics (India), The Real Stevia Company (Sweden), Sweetly Stevia USA (UK), XiliNat (Mexico), Fooditive B.V. (Netherlands), Saganà Association (Switzerland), and, Hearthside Food Solutions LLC (US), Kemin Industries, Guangzhou Leader Bio-Technology, FMC Corporation, Farbest Brands, ExcelVite, EID Parry, Doehler Group, DDW The Color House, Cyanotech Corporation, among others.
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