Food Sweetener Market, By Type (Sucrose, Starch Sweeteners and Sugar Alcohols, and High Intensity Sweeteners, By Application, By Geography

Description

The food sweetener market is estimated to be valued at USD 93.41 Bn in 2024 and is expected to reach USD 108.78 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 93.41 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	2.20%	2031 Value Projection:	US$ 108.78 Bn

Figure. Food Sweetener Market Share (%), By Region 2024

The global food sweetener market has been witnessing steady growth over the past few years. Food sweeteners are substances that are used to impart sweet taste to foods and beverages without any additional nutritional value. They often contain substantially fewer calories than sugar and help in reducing the overall sugar content of foods. Increasing prevalence of obesity and diabetes around the world has boosted the demand for low-calorie sugar substitutes. Moreover, rising health consciousness among consumers has compelled food processing companies to develop new formulations containing minimal sugar content. Expanding packaged food industry and growing number of people opting for low-calorie diets are some other factors driving the sales of sugar substitutes. However, factors such as stringent regulations regarding the use of artificial sweeteners pose a challenge to the market.

Market Dynamics:

The global food sweetener market is primarily driven by increasing health awareness among consumers. With growing prevalence of lifestyle diseases such as diabetes and obesity, consumers are actively looking for sugar alternatives that are low in calories. This is prompting food and beverage manufacturers to reduce sugar levels in their products and instead use artificial or natural sweeteners. The changing consumer preferences towards healthier food options is acting as a major growth driver for the market. However, stringent regulations regarding the use of artificial sweeteners in certain countries pose a challenge to market players. Moreover, concerns around the safety of artificial sweeteners are restraining the market growth to some extent. Alternative natural sweeteners such as stevia and monk fruit extracts present significant growth opportunities for companies in this market.

Key Features of the Study:

This report provides in-depth analysis of the global food sweetener market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global food sweetener market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Tate & Lyle PLC, Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Ingredion Incorporated, Ajinomoto Co. Inc., S&W Seed Company, Manus Bio Inc. (NutraSweet), GLG Life Tech Corporation, Tereos SA, Celanese Corporation, Foodchem International Corporation, Kesar Enterprises Limited, GLG Life Tech Corporation, The Agrana Group, Kerry Group Plc., and International Flavors & Fragrances Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global food sweetener market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food sweetener market

Detailed Segmentation-

By Type:
- Sucrose (Common Sugar)
- Starch Sweeteners and Sugar Alcohols
- High Intensity Sweeteners (HIS)
By Application:
- Bakery and Confectionery
- Dairy and Desserts
- Beverages
- Meat and Meat Products
- Soups, Sauces, and Dressings
- Other Applications
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Tate & Lyle PLC
- Cargill Incorporated
- Archer Daniels Midland Company
- DuPont de Nemours Inc.
- Ingredion Incorporated
- Ajinomoto Co. Inc.
- S&W Seed Company
- Manus Bio Inc. (NutraSweet)
- GLG Life Tech Corporation
- Tereos SA
- Celanese Corporation
- Foodchem International Corporation
- Kesar Enterprises Limited
- GLG Life Tech Corporation
- The Agrana Group
- Kerry Group Plc.
- International Flavors & Fragrances Inc.

Product Code: CMI5289

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Food Sweetener Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Food Sweetener Market
Impact Analysis

5. Global Food Sweetener Market, By Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Sucrose (Common Sugar)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Starch Sweeteners and Sugar Alcohols
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
High Intensity Sweeteners (HIS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Food Sweetener Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Bakery and Confectionery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Dairy and Desserts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Meat and Meat Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Soups, Sauces, and Dressings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Food Sweetener Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Tate & Lyle PLC
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Cargill Incorporated
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Archer Daniels Midland Company
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- DuPont de Nemours Inc.
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Ingredion Incorporated
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Ajinomoto Co. Inc.
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- S&W Seed Company
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Manus Bio Inc. (NutraSweet)
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- GLG Life Tech Corporation
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Tereos SA
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Celanese Corporation
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Foodchem International Corporation
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Kesar Enterprises Limited
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- GLG Life Tech Corporation
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- The Agrana Group
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Kerry Group Plc.
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- International Flavors & Fragrances Inc.
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
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