Global Sugar Substitutes Market Growth 2023-2029
Sugar substitute is a food additive that provides a sweet taste like that of sugar while containing significantly less food energy.
LPI (LP Information)' newest research report, the “Sugar Substitutes Industry Forecast” looks at past sales and reviews total world Sugar Substitutes sales in 2022, providing a comprehensive analysis by region and market sector of projected Sugar Substitutes sales for 2023 through 2029. With Sugar Substitutes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sugar Substitutes industry.
This Insight Report provides a comprehensive analysis of the global Sugar Substitutes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sugar Substitutes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sugar Substitutes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sugar Substitutes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sugar Substitutes.
The global Sugar Substitutes market size is projected to grow from US$ 13090 million in 2022 to US$ 15770 million in 2029; it is expected to grow at a CAGR of 15770 from 2023 to 2029.
United States market for Sugar Substitutes is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Sugar Substitutes is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Sugar Substitutes is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Sugar Substitutes players cover Tate & Lyle, Cargill, Purecircle, Roquette Frères, Dupont, Archer Daniels Midland, Ajinomoto, Ingredion Incorporated and Macandrews & Forbes Holdings, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Sugar Substitutes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
High-Intensity
Low-Intensity
High Fructose Syrup
Segmentation by application
Beverages
Food
Health & Personal Care
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tate & Lyle
Cargill
Purecircle
Roquette Frères
Dupont
Archer Daniels Midland
Ajinomoto
Ingredion Incorporated
Macandrews & Forbes Holdings
Jk Sucralos
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sugar Substitutes market?
What factors are driving Sugar Substitutes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sugar Substitutes market opportunities vary by end market size?
How does Sugar Substitutes break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.