Food Sweetener Market by Type and Geography - Forecast and Analysis 2022-2026

The food sweetener market share is expected to accelerate at a CAGR of 3.65% and reach an estimated value of USD 1.79 billion from 2021 to 2026.

This food sweetener market research report extensively covers market segmentation by type (high-intensity sweeteners and low-intensity sweeteners) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

The food sweetener market report also offers information on several market vendors, including Ajinomoto Co. Inc., Archer Daniels Midland Co., Cargill Inc., Celanese Corp., DuPont de Nemours Inc., Ecogreen Oleochemicals PTE Ltd., FoodChem International Corp., Fooditive B.V., GLG Life Tech Corp., Ingredion Inc., Kerry Group Plc, NutraSweet Co., PureCircle Ltd., Pyure Brands LLC, Roquette Freres SA, Sagana Association, Stevia Hub India, Süddeutsche Zuckerrübenverwertungs Co., Suminter India Organics, Tate and Lyle Plc, Tereos Group, WB Sweetners LLC., and XiliNat among others. Furthermore, this report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Food Sweetener Market Size be During the Forecast Period?

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Food Sweetener Market: Key Drivers, Trends, and Challenges

The multiple applications of sugar substitutes is notably driving the food sweetener market growth, although factors such as stringent food safety regulations may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the food sweetener industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Food Sweetener Market Driver

• One of the key factors driving growth in the food sweetener market is the multiple applications of sugar substitutes.
• Food sweeteners have multiple applications in various industries. They are used in the food and beverages industry, personal care products industry, healthcare industry, the pharmaceutical industry, and more.
• Consumers switch to artificially sweetened beverages to maintain a low-calorie intake. Soft drink manufacturers like Coca-Cola and Pepsico have been criticized for launching products that potentially increase the risks of obesity and other health problems.
• The aforementioned soft drink majors are, therefore, now manufacturing sugar-free beverages.
• The demand for sugar substitutes is increasing at a fast pace. They are increasingly demanded by the health-conscious population segment.
• Food sweeteners are being used in drugs and syrups in the pharmaceuticals segment, especially in diabetes medication, weight management products, and nutritional powders.
• Vendors in the global food sweeteners market benefit from the increased demand for food sweeteners in the pharmaceutical sector, which will drive market growth in the coming years.

Key Food Sweetener Market Trend

• The growing demand for organic food sweeteners is another factor supporting the food sweetener market share growth.
• With increased awareness of the negative impacts (health and environmental) of synthetic products, many informed consumers have been investing in organic products.
• The preference for organic products extends to the global food sweeteners market as well.
• Organic food sweeteners are perceived to be healthy and are gaining traction in the market. Of late, numerous players in the market are launching organic sugar substitutes.
• A few of the brands offering organic sugar substitutes (like Wholesome Sweeteners) are priced higher in comparison to conventional products.
• The high prices associated with organic food sweeteners are due to distribution costs as well as consumers? willingness to pay for organic products.

Key Food Sweetener Market Challenge

• The stringent food safety regulations will be a major challenge for the food sweetener market during the forecast period.
• Vendors ought to receive approvals from various authorities (such as the Foods Standards Agency and the European Food Safety Authority) prior to new product launches.
• Food and beverages that are incorporated with artificial sweeteners must adhere to the guidelines laid out by the regulatory bodies regarding the amount of sweetener used, marketing, labeling, and the average daily intake of sweeteners.
• The existing government regulations continue to pose challenges to vendors in this market.
• The ease of government regulations and approval for zero-calorie sweeteners can boost the market growth in the forecast years.

This food sweetener market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global food sweetener market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the food sweetener market during the forecast period.

Who are the Major Food Sweetener Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Ajinomoto Co. Inc.
• Archer Daniels Midland Co.
• Cargill Inc.
• Celanese Corp.
• DuPont de Nemours Inc.
• Ecogreen Oleochemicals PTE Ltd.
• FoodChem International Corp.
• Fooditive B.V.
• GLG Life Tech Corp.
• Ingredion Inc.
• Kerry Group Plc
• NutraSweet Co.
• PureCircle Ltd.
• Pyure Brands LLC
• Roquette Freres SA
• Sagana Association
• Stevia Hub India
• Süddeutsche Zuckerrübenverwertungs Co.
• Suminter India Organics 
• Tate and Lyle Plc
• Tereos Group
• WB Sweetners LLC.
• XiliNat

 

This statistical study of the food sweetener market encompasses successful business strategies deployed by the key vendors. The food sweetener market is fragmented and the vendors are deploying growth strategies such as pricing strategies to compete in the market.

Product Insights and News

• Nestle SA - The company offers ready-to-eat food product brands such as Maggi, THOMY, and Herta.

• XiliNat - The company offers sensor patch products under the brand name of G6 CGM.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The food sweetener market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Food Sweetener Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the food sweetener market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Food Sweetener Market?

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39% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for food sweetener in North America. Market growth in this region will be slower than the growth of the market in the South American, APAC and MEA regions.

Economic development and favorable consumption patterns in the region will facilitate the food sweetener market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The food sweetener market in the region was disrupted by the rapid transmission of the COVID-19 outbreak and associated lockdowns that were imposed in 2020. This may reduce the sale of food sweeteners, despite the high demand, which may hamper the growth of the food sweeteners market in the packaged food industry in North America during the forecast period. However, in 2021, packaged food companies resumed their operations while following social distancing measures. This will drive the market for food sweeteners across the region during the forecast period.

What are the Revenue-generating Type Segments in the Food Sweetener Market?

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The food sweetener market share growth by the high-intensity sweeteners segment will be significant during the forecast period. The demand for high-intensity food sweeteners is gradually decreasing due to health problems associated with their continuous consumption. The excessive use of high-intensity food sweeteners leads to metabolic syndrome and hypertension, which may negatively impact the market in focus during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the food sweetener market size and actionable market insights on post COVID-19 impact on each segment.

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Food Sweetener Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 3.65%
Market growth 2022-2026	$ 1.79 billion
Market structure	Fragmented
YoY growth (%)	2.77
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 39%
Key consumer countries	US, Canada, China, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Ajinomoto Co. Inc., Archer Daniels Midland Co., Cargill Inc., Celanese Corp., DuPont de Nemours Inc., Ecogreen Oleochemicals PTE Ltd., FoodChem International Corp., Fooditive B.V., GLG Life Tech Corp., Ingredion Inc., Kerry Group Plc, NutraSweet Co., PureCircle Ltd., Pyure Brands LLC, Roquette Freres SA, Sagana Association, Stevia Hub India, Süddeutsche Zuckerrübenverwertungs Co., Suminter India Organics , Tate and Lyle Plc, Tereos Group, WB Sweetners LLC., and XiliNat
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Food Sweetener Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive food sweetener market growth during the next five years
• Precise estimation of the food sweetener market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the food sweetener industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of food sweetener market vendors

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