Canada Food Sweetener Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Canada Food Sweetener Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Canada Food Sweetener Market is growing at a CAGR of 1.21% during the forecast period (2020-2025).

Key Highlights

• In Canada, sugar production capability is significantly low. The country has been relying on imports, since the past few decades, despite being a major region in the continent. South American countries are the primary exporters to Canada, and are subjected to related trade disputes.
• The country’s regulatory structure, especially for sugar substitutes, is highly extensive. Furthermore, it covers, both, natural and artificial sweeteners under the Food and Drugs Act and Regulations.
• In Canada, purified stevia extract is regulated as a food additive. It has undergone a full safety review, and was approved for use in various foods sold in Canada. Stevia is not considered safe is various countries, but the Canadian Health added stevia to its list of permitted sweeteners.

Key Market TrendsHigh Production of Maple Syrup

Maple syrup produced in Canada is increasingly being utilized as an ideal alternative to sugar, in a variety of foods, such as desserts and baked goods. The Canadian maple syrup industry accounts for a major share of the global maple syrup production and the country remains the leading global producer of maple syrup-based products. However, Canada’s market share has witnessed a decline in the market in 2017, due to rising competition from the United States. The Federation of Quebec Maple Syrup Producers and Vermont Maple Sugar Makers' Association are the two major cartels producing a major chunk of maple syrup. However, the stringent quota system and black marketing of maple syrup are hindering the overall market growth.

Growing Demand for Sugar Substitutes

Sugar substitutes are food additives that are used to duplicate the effect of sugar in taste, usually with less food energy. The majority of sugar substitutes approved for food use are artificially-synthesized compounds. However, some bulk natural sugar substitutes are known, including sorbitol and xylitol, which are found in berries, fruit, vegetables, and mushrooms. Sugar substitutes like stevia, aspartame, sucralose, neotame, acesulfame potassium, and saccharin. are approved by USDA and are categorized under GRAS in the North American region. Aspartame, a low-calorie artificial sweetener, has been permitted for use as a food additive in Canada since 1981. It is used in a number of foods, including soft drinks, desserts, breakfast cereals, and chewing gum. It is also available as a table-top sweetener.

Competitive Landscape

Canada Food Sweetener Market is a fragmented market with the presence of various large and small players. Players compete to grab the market with various product innovations such as introducing natural and clean label products, low calorie products etc. Players are also into expanding their product portfolio to make their stand in the market stronger.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

Tate & Lyle PLC
Cargill Incorporated
DuPont
Ingredion Incorporated
Ajinomoto Co., Inc.
PureCircle Limited
NutraSweet Company
GLG Life Tech Corporation

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