PUBLISHER: The Business Research Company | PRODUCT CODE: 1539750
PUBLISHER: The Business Research Company | PRODUCT CODE: 1539750
A non-sugar sweetener is a substance used to impart sweetness to foods and beverages without the caloric content or metabolic effects of sugar. These sweeteners serve as substitutes in various products to reduce calorie intake, manage blood sugar levels, or prevent dental issues. They can be natural or artificial and are much sweeter than sugar, requiring only small amounts to achieve desired sweetness levels.
The primary types of non-sugar sweeteners include artificial sweeteners, natural sweeteners, sugar alcohols, and novel sweeteners. Artificial sweeteners are synthetic substances that mimic the taste of sugar without adding calories or carbohydrates. These sweeteners are widely utilized across different sectors such as the food industry, diabetes management, oral care, and various other applications through both direct and indirect sales channels.
The non-sugar sweeteners market research report is one of a series of new reports from The Business Research Company that provides non-sugar sweeteners market statistics, including non-sugar sweeteners industry global market size, regional shares, competitors with a non-sugar sweeteners market share, detailed methionine market segments, market trends, and opportunities, and any further data you may need to thrive in the non-sugar sweeteners industry. This non-sugar sweeteners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The non-sugar sweeteners market size has grown steadily in recent years. It will grow from $13.42 billion in 2023 to $13.94 billion in 2024 at a compound annual growth rate (CAGR) of 3.9%. The growth observed in the historic period can be attributed to several factors include heightened consumer awareness regarding health risks associated with sugar consumption, advancements in production techniques improving product quality, changing consumer preferences towards healthier options, increased investment in research and development, and the expansion of low-calorie and sugar-free product offerings.
The non-sugar sweeteners market size is expected to see steady growth in the next few years. It will grow to $16.49 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The anticipated growth during the forecast period is driven by several factors include a rising diabetic population, increasing urbanization, growing demand for high-intensity sweeteners, heightened consumption of energy drinks among athletes, and increased demand for various goods. Key trends expected in this period encompass advancements in production methods, the introduction of innovative ingredients, technological integration to enhance taste, customization and personalization options, improved stability, and extended shelf life.
The growth of the non-sugar sweetener market is expected to be propelled by the increasing prevalence of diabetic patients. Diabetes mellitus, a chronic metabolic disorder characterized by elevated blood sugar levels, affects a growing number of individuals due to factors such as high consumption of processed foods, sugary beverages, calorie-dense diets, obesity, and an aging population. Non-sugar sweeteners offer sweetening alternatives that support calorie management, blood sugar control, and overall health, making them crucial for dietary management of diabetes. For example, as of December 2021, the International Diabetes Federation reported that approximately 537 million adults worldwide had diabetes, with projections indicating an increase to 643 million by 2030. Thus, the rising diabetic population is a significant driver behind the expansion of the non-sugar sweetener market.
Major companies in the non-sugar sweeteners market are concentrating on developing innovative products, including natural sugar substitutes, to meet the growing demand for healthier, low-calorie alternatives. Natural sugar substitutes are derived from natural sources and provide sweetness with fewer calories and a lesser impact on blood sugar levels compared to regular sugar. For instance, in June 2023, Wisdom Natural Brands, a US-based healthcare products manufacturer, introduced two new lines of innovative natural sugar substitutes, Indulge Zero Calorie Sweeteners and 50% Reduced Calorie Sugars. Indulge zero-calorie sweeteners offer a guilt-free option for sweetening, catering to individuals looking to reduce calorie intake without compromising on sweetness. Made from natural ingredients, these sweeteners provide the same sweetness as sugar but without any calories, making them beneficial for weight management and blood sugar regulation. The 50% reduced calorie sugars line combines the natural flavor of sugar with half the calories, presenting a balanced choice for those aiming to cut down on sugar consumption while still enjoying the familiar taste of sugar.
In April 2022, Batory Foods Inc., a US-based company specializing in food products, including non-sugar sweeteners and food ingredients, acquired Sweetener Solutions for an undisclosed sum. This acquisition is part of Batory Foods' strategy to enrich its product portfolio and bolster its market presence through the expansion of its offerings in sweetener products and solutions. Sweetener Solutions, also based in the US, is renowned for its diverse range of sweetening solutions tailored for the food and beverage industry.
Major companies operating in the non-sugar sweeteners market are Cargill Incorporated, Archer Daniels Midland Company, Nestle S.A., Wilmar International Limited, Asahi Group Holdings Ltd., DuPont de Nemours Inc., Ajinomoto Co. Inc., McNeil Nutritionals LLC, Celanese Corporation, Sudzucker AG, Ingredion Incorporated, Tereos S.A., Roquette Freres, Dohler GmbH, B&G Foods Inc., Tate & Lyle PLC, Zydus Wellness, PureCircle Ltd., NutraSweet Company, Evolva Holding SA, Hermes Sweeteners Ltd., GLG Life Tech Corporation, Hunan NutraMax Inc., Matsutani Chemical Industry Co. Ltd.
North America was the largest region in the non-sugar sweeteners market in 2023. The regions covered in the non-sugar sweeteners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the non-sugar sweeteners market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The non-sugar sweeteners market consists of sales of allulose, tagatose, erythritol, stevia, sucralose, and aspartame. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Non Sugar Sweeteners Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on non sugar sweeteners market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for non sugar sweeteners ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The non sugar sweeteners market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.