High-intensity Sweeteners Market by Product (Sucralose, Stevia, Aspartame, Acesulfame-K, Saccharin, Neotame, Others), Source (Natural, Artificial), Form (Solid, Liquid), Application (Beverages, Food, Pharmaceuticals, Others) - Global Forecast to 2029

High-intensity Sweeteners Market by Product (Sucralose, Stevia, Aspartame, Acesulfame-K, Saccharin, Neotame, Others), Source (Artificial, Natural), Form (Solid, Liquid), Application (Beverages, Food, Pharmaceuticals, Others)—Global Forecast to 2029

According to a new market research report titled, “High-intensity Sweeteners Market by Product (Sucralose, Stevia, Aspartame, Acesulfame-K, Saccharin, Neotame, Others), Source (Artificial, Natural), Form (Solid, Liquid), Application (Beverages, Food, Pharmaceuticals, Others)—Global Forecast to 2029”, provides an in-depth analysis of the high-intensity sweeteners market across five major geographies emphasizing on the current market trends, market size, recent developments, and providing the forecast till 2029.

The high-intensity sweeteners market is expected to grow at a CAGR of 5.3% from 2022 to 2029 to reach $4.20 billion by 2029.

Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. This market is characterized by more diversified operations, which offer healthy products, mainly due to rising health-consciousness and consumer preference for foods that contain healthy ingredients.

The high growth of the high-intensity sweeteners market is mainly attributed to the factors such as rising demand for functional food products, the growing prevalence of diabetes and obesity, and the surging demand for natural sweeteners. However, stringent government regulations and adverse health effects associated with high-intensity sweeteners are expected to hinder the growth of this market to a notable extent.

Based on product, the high-intensity sweeteners market is segmented into sucralose, stevia, aspartame, acesulfame-k, neotame, saccharin, luo han guo (monk fruit), neotame, and other high-intensity sweeteners. The stevia segment is expected to grow at the fastest CAGR during the forecast period of 2022-2029. Increasing consumer awareness regarding consumption of food products with natural ingredients, growing consumer preference for clean label and healthy products, and increasing consumer preference towards reduced sugar and healthy products are key factors behind the fast growth of the stevia market.

Based on source, the artificial segment is expected to command a larger share of the high-intensity sweeteners market in 2022. However, natural high-intensity sweeteners are expected to register the highest CAGR during the forecast period, the high growth of this segment is driven by factors such as the increasing awareness about the benefits of consuming food products with natural ingredients, the growing consumer preference for clean label and healthy products, and the rising adoption of stevia and other natural sweeteners by leading food & beverage companies.

Based on form, the solid form segment is expected to hold the larger share of the high-intensity sweeteners market in 2022. The large share of this segment is mainly attributed to its wide availability and benefits such as ease of handling, transportation, and storage; better shelf-life; ease of use in various applications due to high mixability; and effective product formulation.

Based on application, the high-intensity sweeteners market is segmented into beverages, food, nutrition and health supplements, pharmaceuticals, and other applications. The food segment is expected to register the highest CAGR during the forecast period. The growth of this segment is mainly attributed to the increasing consumer preferences for healthy food, changing food consumption patterns, and extensive use of sweeteners in different foods, including baked goods, confectionery, and savory snacks.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is expected to register the highest CAGR during the forecast period of 2022–2029. The fastest growth rate of this region is mainly attributed to the change in consumer lifestyles, the emerging trend of healthy food & food ingredients, the rising awareness about the health benefits of sugar-free products, the rising incidence of obesity & diabetes, and rapid urbanization.

Some of the key players operating in the high-intensity sweeteners market are Tate & Lyle PLC, (U.K.), ARCHER-DANIELS-MIDLAND COMPANY (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), JK Sucralose Inc. (China), Ajinomoto Co., Inc. (Japan), The NutraSweet Co. (U.S.), Südzucker AG (Germany), Layn Corporate (China), Zhucheng Haotian Pharm Co., Ltd. (China), HSWT France SAS (France), and STEVIALITE Holding (Colombia) and others.

Scope of the Report:

Global High-intensity Sweeteners Market, by Product

Sucralose
Stevia
Aspartame
Acesulfame-K
Luo Han Guo (Monk Fruit)
Saccharin
Neotame
Other High-Intensity Sweeteners

Global High-intensity Sweeteners Market, by Source

Artificial
Natural

Global High-intensity Sweeteners Market, by Form

Solid
Liquid

Global High-intensity Sweeteners Market, by Application

Beverages
Food
Nutrition and Health Supplements
Pharmaceuticals
Other Applications

High-intensity Sweeteners Market, by Geography

North America
U.S
Canada
Europe
Germany
U.K
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of APAC
Latin America
The Middle East and Africa

Key Questions Answered in the Report-

What is the current value of revenue generated by the high-intensity sweeteners market?
At what rate is the demand for high-intensity sweeteners projected to grow for the next 5-7 years?
What was the historical market size and growth rate for the high-intensity sweeteners market?
What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?
What impact does the current COVID-19 pandemic have on the high-intensity sweeteners market?
Which segments in terms of product, source, form, and application have created the major traction for the manufacturers in this market in recent years?
What are the key geographic trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the high-intensity sweeteners market?
Who are the major players in the high-intensity sweeteners market? What are their specific product offerings in this market?
What recent developments have taken place in the high-intensity sweeteners market? What impact have these strategic developments created on the market?

High-intensity Sweeteners Market Market - Report Summary

Report Metrics	Details
Years Considered	2020 - 2029
Base Year	2021
Forecast Period	2022-2029
Page Count	161
Units Referenced	Value (USD Million/Billion)
Segments/Key Topics	Market by Product, Market by Source, Market by Form, Market by Application, Market by Geography
Regions Covered	North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Key Companies Mentioned	Tate & Lyle PLC, (U.K.), ARCHER-DANIELS-MIDLAND COMPANY (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), JK Sucralose Inc. (China), Ajinomoto Co., Inc. (Japan), The NutraSweet Co. (U.S.), Südzucker AG (Germany), Layn Corporate (China), Zhucheng Haotian Pharm Co., Ltd. (China), HSWT France SAS (France), and STEVIALITE Holding (Colombia)

FAQs About the Report

What is the Current Value of Revenue Generated by the High-intensity Sweeteners Market? At What Rate is the Global Demand for High-Intensity Sweeteners Projected to Grow in the Next 5–7 Years?

The high-intensity sweeteners market is expected to reach a value of $4.20 billion by 2029, with a CAGR of 5.3% from 2022–2029.

Which Source Segment Showcases High-Growth Opportunities for the Players Operating in the High-intensity Sweeteners Market?

Based on source, the natural segment is slated to register the highest growth rate during the forecast period and provide significant opportunities for players operating in this market.

Which Product Segment Showcases High Growth Opportunities for the Players Operating in the High-intensity Sweeteners Market?

Based on product, the stevia segment is slated to register the highest growth rate during the forecast period and provide significant opportunities for players operating in this market.

What are the Major Drivers for this Market?

Rising Demand for Functional Food Products
Growing Prevalence of Diabetes and Obesity
Surging Demand for Natural Sweeteners

What are the Major Restraints for the Global High-intensity Sweeteners Market?

Stringent Government Regulations
Adverse Health Effects Associated with High-intensity Sweeteners

Who are the Major Players Operating in the High-intensity Sweeteners Market?

The major key players operating in the high-intensity sweeteners market are Tate & Lyle PLC, (U.K.), ARCHER-DANIELS-MIDLAND COMPANY (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), JK Sucralose Inc. (China), Ajinomoto Co., Inc. (Japan), The NutraSweet Co. (U.S.), Südzucker AG (Germany), Layn Corporate (China), Zhucheng Haotian Pharm Co., Ltd. (China), HSWT France SAS (France), and STEVIALITE Holding (Colombia).

Which are the High-growth Countries/Regions in the Market?

Asia-Pacific is slated to register significant market growth during the forecast period of 2022–2029. The high market growth in Asia-Pacific is driven by the change in consumer lifestyles, the emerging trend of healthy food & food ingredients, the rising awareness about the health benefits of sugar-free products, the rising incidence of obesity & diabetes, and rapid urbanization.