Sucralose Market By Type (Powder, Granular, Liquid), By Application (Beverages, Bakery and Confectionery, Dietary Products, Dairy Products, Pharmaceuticals, Table Top Sweeteners, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global sucralose market was valued at $518.0 million in 2021 and is projected to reach $693.55 million by 2031, registering a CAGR of 3.0% from 2022 to 2031. Sucralose is frequently used as a sugar alternative due to its low-calorie count. Sucralose sweeteners are also excellent substitutes for sugar and other calorie-dense sweeteners like high-fructose corn syrup. The COVID-19 pandemic had both positive and negative impacts on the global sucralose market due to supply chain disruptions. However, the upliftment of lockdowns is expected to boost the growth of the market in the coming years.
Sucralose is in demand for a variety of reasons, including its desirable sweetness, low cost, bulkiness, preservation properties, heat resistance, and blending capabilities. In addition, the market is experiencing growth with rise in health concerns and increase in a number of people with diabetes and obesity. Furthermore, rise in obesity rates, in developing nations, and surge in demand for low-calorie sweeteners boost the market growth. The sucralose market is segmented on the basis of type, application, and region. On the basis of type, the market is classified into powder, granular, and liquid. On the basis of application, the market is divided into beverages, bakery and confectionery, dietary products, dairy products, pharmaceuticals, table top sweeteners, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Since many forms of sucralose contain few or no calories, they are regarded as low-calorie sweeteners. By substituting sugar, they lower the caloric and carbohydrate content of meals and beverages. Low-calorie sweeteners are also used much less frequently than table sugar because of their higher sweetness. High-intensity sweeteners like Ace-K are one of the low-calorie sucralose products that the Food and Drug Administration (FDA) and European Food Safety Authority (EFSA) has approved for use as food additives. In addition, rise in number of diabetic patients and increase in consumer knowledge has positive impact on the consumption of sucralose.
The key players have largely invested in research and development activities to develop advanced products to cater to the requirement of the end users. The major players in the sucralose market include, Tate and Lyle, Plc., Celanese Corporation, Whole Earth Brands, Ajinomoto Co., Inc., Hermes Sweeteners Ltd., JK Sucralose Inc., Heartland Food Products Group, Ingredion Incorporated, Cargill Incorporated, Roquette Freres, PureCircle Ltd, Manus Bio, Stevia First Corporation, Cumberland Packing Corporation, and Hyet Sweet.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sucralose market analysis from 2021 to 2031 to identify the prevailing sucralose market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the sucralose market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global sucralose market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Powder
Granular
Liquid
By Application
Beverages
Bakery and Confectionery
Dietary Products
Dairy Products
Pharmaceuticals
Table Top Sweeteners
Sales channel
Offline
Online
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Italy
Germany
France
Spain
Netherlands
Switzerland
Rest Of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Thailand
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Tate and Lyle, Plc.
Celanese Corporation
Whole Earth Brands
Ajinomoto Co., Inc.
Hermes Sweeteners Ltd.
JK Sucralose Inc.
Heartland Food Products Group
Ingredion Incorporated
Cargill Incorporated
Roquette Freres
PureCircle Ltd
Manus Bio
GELERIYA PRODUCTS
Viachem Ltd.
Radiant International
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