Food Sweetener Market, By Type (Sucrose (Common Sugar), Starch Sweeteners and Sugar Alcohols, and High Intensity Sweeteners (HIS), By Application (Bakery and Confectionery, Dairy and Desserts, Beverages, Meat and Meat Products, Soups, Sauces, and Dressing

Food Sweetener Market, By Type (Sucrose (Common Sugar), Starch Sweeteners and Sugar Alcohols, and High Intensity Sweeteners (HIS), By Application (Bakery and Confectionery, Dairy and Desserts, Beverages, Meat and Meat Products, Soups, Sauces, and Dressings, and Other Applications), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global food sweetener market has been witnessing steady growth over the past few years. Food sweeteners are substances that are used to impart sweet taste to foods and beverages without any additional nutritional value. They often contain substantially fewer calories than sugar and help in reducing the overall sugar content of foods. Increasing prevalence of obesity and diabetes around the world has boosted the demand for low-calorie sugar substitutes. Moreover, rising health consciousness among consumers has compelled food processing companies to develop new formulations containing minimal sugar content. Expanding packaged food industry and growing number of people opting for low-calorie diets are some other factors driving the sales of sugar substitutes. However, factors such as stringent regulations regarding the use of artificial sweeteners pose a challenge to the market.

Market Dynamics:

The global food sweetener market is primarily driven by increasing health awareness among consumers. With growing prevalence of lifestyle diseases such as diabetes and obesity, consumers are actively looking for sugar alternatives that are low in calories. This is prompting food and beverage manufacturers to reduce sugar levels in their products and instead use artificial or natural sweeteners. The changing consumer preferences towards healthier food options is acting as a major growth driver for the market. However, stringent regulations regarding the use of artificial sweeteners in certain countries pose a challenge to market players. Moreover, concerns around the safety of artificial sweeteners are restraining the market growth to some extent. Alternative natural sweeteners such as stevia and monk fruit extracts present significant growth opportunities for companies in this market.

Key Features of the Study:

• This report provides in-depth analysis of the global food sweetener market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global food sweetener market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Tate & Lyle PLC, Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Ingredion Incorporated, Ajinomoto Co. Inc., S&W Seed Company, Manus Bio Inc. (NutraSweet), GLG Life Tech Corporation, Tereos SA, Celanese Corporation, Foodchem International Corporation, Kesar Enterprises Limited, GLG Life Tech Corporation, The Agrana Group, Kerry Group Plc., and International Flavors & Fragrances Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global food sweetener market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food sweetener market

Detailed Segmentation-

• By Type:
• Sucrose (Common Sugar)
• Starch Sweeteners and Sugar Alcohols
• High Intensity Sweeteners (HIS)
• By Application:
• Bakery and Confectionery
• Dairy and Desserts
• Beverages
• Meat and Meat Products
• Soups, Sauces, and Dressings
• Other Applications
• By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
• Company Profiles:
• Tate & Lyle PLC
• Cargill Incorporated
• Archer Daniels Midland Company
• DuPont de Nemours Inc.
• Ingredion Incorporated
• Ajinomoto Co. Inc.
• S&W Seed Company
• Manus Bio Inc. (NutraSweet)
• GLG Life Tech Corporation
• Tereos SA
• Celanese Corporation
• Foodchem International Corporation
• Kesar Enterprises Limited
• GLG Life Tech Corporation
• The Agrana Group
• Kerry Group Plc.
• International Flavors & Fragrances Inc.