Food Sweetener Market Size, Share, Trends, Growth, Industry Report 2023-2028

 

Global Food Sweetener Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Food Sweetener Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global food sweetener market report, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global food sweetener market size reached US$ 89.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 104.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.3% during 2023-2028.

A food sweetener serves the purpose of adding sweetness to a wide range of food items and drinks. This category encompasses both natural sweeteners, like sucrose (commonly known as table sugar), fructose, and honey, as well as artificial sweeteners, such as aspartame, saccharin, and sucralose. Its primary function is to elevate the flavor of a product, often acting as a replacement for sugar. Moreover, it can be employed to decrease the sugar content in various food products and beverages intended for children, a crucial step in promoting healthier eating habits from an early age and reducing the risk of obesity.

Global Food Sweetener Market Trends and Drivers:

The growing awareness regarding the adverse effects of excessive sugar intake on overall health, including issues like obesity and diabetes, is a significant driving force behind the demand for low-calorie sweeteners. Furthermore, the increasing preference for natural sweeteners such as stevia and monk fruit, known for their health benefits and natural origins, is contributing to market expansion. Additionally, the rising use of sugar alcohols like erythritol to extend the shelf life of specific products by reducing water activity and inhibiting the growth of microorganisms is playing a role in market growth. Moreover, the growing reliance on e-commerce and online grocery platforms is simplifying access to a wide variety of sweeteners for consumers. Furthermore, the integration of sweeteners into medications and supplements to mask the bitter or unpleasant taste of active ingredients is enhancing patient compliance and positively impacting the market. The increasing utilization of sweeteners in single-serving and portable food and beverage products, such as energy gels, protein bars, and drink mixes, is reinforcing market growth.

Global Food Sweetener Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Ajinomoto Co. Inc., Archer-Daniels-Midland Company, Cargill Incorporated, Celanese Corporation, DuPont de Nemours Inc., Foodchem International Corporation, GLG Life Tech Corporation, Ingredion Incorporated, NutraSweet Company (Manus Bio), S&W Seed Company, Tate & Lyle PLC and Tereos

The report segmented the market on the basis of region, product type, application and distribution channel.

Breakup by Product Type:

• Sucrose
• Starch Sweeteners and Sugar Alcohols
  • Dextrose
  • High Fructose Corn Syrup (HFCS)
  • Maltodextrin
  • Sorbitol
  • Xylitol
  • Others
• High Intensity Sweeteners (HIS)
  • Sucralose
  • Stevia
  • Aspartame
  • Saccharin
  • Neotame
  • Acesulfame Potassium (Ace-K)
  • Others

Breakup by Application:

• Bakery and Confectionery
• Dairy and Desserts
• Beverages
• Meat and Meat Products
• Soups, Sauces and Dressings
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Departmental Stores
• Convenience Stores
• Online Stores
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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