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The food sweetener market size is forecast to increase by USD 1.73 billion at a CAGR of 4.2% between 2023 and 2028.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The Food and Drug Administration (FDA) in the United States has authorized the utilization of several sweeteners, including high-intensity sweeteners (aspartame, sucralose, Ace-K, cyclamate, neotame, and saccharin) and natural high-intensity sweeteners (stevia). The market for natural zero-calorie sweeteners, particularly stevia, is experiencing significant growth in the US the market due to their health benefits. These natural sweeteners are derived from the stevia plant and are free of calories. The preference for natural sweeteners, especially stevia, is on the rise among American consumers due to their perceived health advantages over artificial sweeteners. Younger generations, in particular, are increasingly conscious of their health and are opting for natural sweeteners.
At present, the application of natural sweeteners is primarily confined to flavored water, juices, and tabletop products. The inhibitory effects of these sweeteners on starter organisms during hydrolysis are minimal. The sugar content in these sweeteners has a negligible impact on osmotic pressure and water activity. Sweetening compounds, such as aspartame and cyclamate, offer intense sweetness with fewer calories than traditional sugar. These sweeteners are suitable for individuals with diabetes or those following low-calorie diets. In conclusion, the US the market is witnessing a growing trend towards the adoption of natural zero-calorie sweeteners, especially stevia, due to their health benefits and consumer preference. These sweeteners have minimal impact on the fermentation process and offer intense sweetness with fewer calories than traditional sugar.
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The high-intensity sweeteners segment was valued at USD 5.23 billion in 2018 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market represents a significant consumer base for food sweeteners, driven by economic growth and favorable consumption patterns. The beverage industry holds the largest share in the application of food sweeteners in this region. However, concerns regarding the health implications of added sugars, including weight gain and the risk of diabetes and heart disease, are leading to increased demand for low-intensity sweeteners. This trend is expected to positively impact The market during the forecast period. Major players in the food sweetener industry have a strong presence in North America, offering a range of products to cater to this demand.
Nevertheless, the market faces challenges due to growing awareness about the potential health risks associated with food sweeteners. Food and beverage formulators are focusing on developing sweetening mixtures from natural sources, such as fruit juice concentrates, to address these concerns. The market is witnessing significant growth due to multiple applications of sugar substitutes in various industries, including food and beverages, pharmaceuticals, and bakery products.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Multiple applications of sugar substitutes are the key drivers of the market.
Growing demand for organic food sweeteners is the upcoming trend in the market.
Stringent food safety regulations are key challenges affecting the market growth.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is witnessing significant growth due to the increasing demand for low-calorie and sugar-free food products. Carbohydrate sweeteners, including sucrose, fructose, and glucose, are widely used in various food applications due to their sweetness intensity. However, the market for artificial sweeteners, such as saccharin, aspartame, cyclamate, neohesperidin, and thaumatin, is growing rapidly due to their zero or low caloric content. The relative sweetness of these sweetening compounds varies, with some being much sweeter than sugar. For instance, saccharin is 300-700 times sweeter than sucrose, while aspartame is 180-200 times sweeter. These sweeteners are used in a wide range of food products, including yoghurt, soft drinks, carbonated beverages, fruit juice concentrates, and beverage formulations.
Similarly, the use of sweeteners in food processing is essential to maintain the desired sweetness level and inhibit the growth of starter organisms during hydrolysis. However, the safety and health effects of these sweeteners are a matter of concern. Long-term consumption of sugar substitutes may lead to health problems, including diabetes, heart disease, tooth decay, and obesity. Therefore, it is essential to consume these sweeteners in moderation and make healthy dietary choices. Sweeteners also have an impact on the sugar content, osmotic pressure, and water activity of food products. Sweetening mixtures are often used to enhance the sweetness response and reduce the inhibitory effects of these factors.
However, the use of artificial sweeteners may also have side effects, such as cravings, bloating, gas, and diarrhea. Therefore, it is crucial to understand the nutritional value, energy content, and health effects of different sweeteners before incorporating them into food formulations.
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Market Scope |
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Report Coverage |
Details |
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Page number |
137 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.2% |
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Market growth 2024-2028 |
USD 1.73 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.0 |
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Key countries |
US, China, Germany, Canada, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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