Food Sweetener Market

Food Sweetener Market Size, Industry Trends & Share 2023-2028

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According to the latest report by IMARC Group, “Global Food Sweetener Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2023-2028“, 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.

Food sweeteners are additives that enhance the sweetness of various foods and beverages through processes such as fermentation, baking, and caramelization. These substances have a texture, flavor, and interaction with other ingredients similar to sugar and can be obtained from natural sources or manufactured artificially. Their commercially available variants include sucrose, starch, and high-intensity sweeteners. They help prevent tooth decay, regulate blood sugar levels, resist diabetes, and control weight gain as they are low in calories. As a result, food sweeteners find extensive applications in soups, candies, sauces, dressing, confectionery, and other baked products.

Food Sweetener Market Trends and Drivers:

The global food sweetener market is primarily driven by the surging product adoption across the food and beverage (FB) sector. Additionally, the escalating demand for low-sugar and low-calorie consumer goods, such as ice cream, grain-based desserts, diet coke, and yogurt, has accelerated the adoption of food sweeteners.

This can be attributed to the rising consumer health consciousness and the increasing prevalence of obesity, diabetes, cardiovascular diseases, and other lifestyle diseases. Moreover, the shifting focus of key players toward artificial and other sugar substitutes, such as xylitol, erythritol, and mannitol, in the formulation of confectionery items to expand their product portfolios is another major growth-inducing factor.

Furthermore, the introduction of natural sweeteners manufactured from organic ingredients, such as stevia and honey, to imitate the taste of table sugar is contributing to the market growth. Other factors, including rising investments in research and development (RD) activities, increasing collaborations among key players, and shifting inclination toward low-calorie beverages, are also anticipated to drive the market further.

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Global Food Sweetener Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Food Sweetener Companies:

Cargill Incorporated, Celanese Corporation, DuPont de Nemours Inc., Foodchem International Corporation, GLG Life Tech Corporation, Ingredion Incorporated, NutraSweet Company (Manus Bio), Ajinomoto Co. Inc., Archer-Daniels-Midland Company, SW Seed Company, Tate Lyle PLC and Tereos.

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

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
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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