Sugar Substitutes Market Introduction and Overview
According to SPER Market Research, ‘Global Sugar Substitutes Market Size- By Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Sugar Substitutes Market is predicted to reach 13.39 billion by 2034 with a CAGR of 6.06%.
Sugar substitutes are sweetening agents that can be used in place of regular sugar since they have fewer calories and a lower glycemic effect. They come in two varieties: natural ones like stevia and monk fruit, and artificial ones like aspartame and saccharin. Sugar replacements are widely utilized in the manufacturing of food and beverages, medications, and personal care items.
Restraints:The market still has a number of obstacles to overcome despite the optimistic outlook. Tight regulations controlling the usage and approval of sugar substitutes might make it more difficult to enter and grow a market. Another challenge is consumer uncertainty about the taste and safety of artificial sweeteners, which calls for thorough investigation and open communication from producers. Furthermore, natural sweeteners like stevia and monk fruit may not be widely used due to their higher production costs, particularly in markets where consumers are price-sensitive.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Type, By Application.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Ajinomoto Co, Archer Daniels Midland Company (ADM), Cargill Incorporated, DuPont De Nemours Inc., Ingredion Incorporated, JK Sucralose Inc, PureCircle, Roquette Freres, Tate & Lyle, The NutraSweet Company.
Sugar Substitutes Market Segmentation:
By Type:Based on the Type, Global Sugar Substitutes Market is segmented as; High-intensity Sweeteners, Low-intensity Sweeteners and High-fructose Syrup.
By Application:Based on the Application, Global Sugar Substitutes Market is segmented as; Food, Beverages and Health & Personal Care.
By Region:This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Sugar Substitutes Market Manufacturing Base Distribution, Sales Area, Interface Type
- 6.2. Mergers & Acquisitions, Partnerships, Interface Launch, and Collaboration in Global Sugar Substitutes Market
- 7. Global Sugar Substitutes Market, By Type (USD Million) 2021-2034
- 7.1. High-intensity Sweeteners
- 7.1.1. Natural
- 7.1.2. Stevia Extracts
- 7.1.3. Licorice Root Extracts
- 7.1.4. Monk Fruit Extracts
- 7.1.2. Artificial
- 7.2.1. Aspartame
- 7.2.2. Cyclamate
- 7.2.3. Saccharin
- 7.2.4. Sucralose
- 7.2.5. Others
- 7.3. Low-intensity Sweeteners
- 7.3.1. Xylitol
- 7.3.2. Sorbitol
- 7.3.3. Maltitol
- 7.3.4. Mannitol
- 7.3.5. Trehalose
- 7.3.6. Isomaltulose
- 7.3.7. Others
- 7.4. High-fructose Syrup
- 8. Global Sugar Substitutes Market, By Application (USD Million) 2021-2034
- 8.1. Food
- 8.1.1. Bakery
- 8.1.2. Confectionery
- 8.1.3. Dairy
- 8.1.4. Others
- 8.2. Beverages
- 8.2.1. Juices
- 8.2.2. Functional Drinks
- 8.2.3. Carbonated Drinks
- 8.2.4. Non-Dairy
- 8.2.5. Milk and Dairy
- 8.2.6. Others
- 8.3. Health & Personal Care
- 9. Global Sugar Substitutes Market, (USD Million) 2021-2034
- 9.1. Global Sugar Substitutes Market Size and Market Share
- 10. Global Sugar Substitutes Market, By Region, (USD Million) 2021-2034
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
- 11. Company Profile
- 11.1. Ajinomoto Co
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Interface summary
- 11.1.4. Recent developments
- 11.2. Archer Daniels Midland Company (ADM)
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Interface summary
- 11.2.4. Recent developments
- 11.3. Cargill Incorporated
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Interface summary
- 11.3.4. Recent developments
- 11.4. DuPont De Nemours Inc
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Interface summary
- 11.4.4. Recent developments
- 11.5. Ingredion Incorporated
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Interface summary
- 11.5.4. Recent developments
- 11.6. JK Sucralose Inc
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Interface summary
- 11.6.4. Recent developments
- 11.7. PureCircle
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Interface summary
- 11.7.4. Recent developments
- 11.8. Roquette Freres
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Interface summary
- 11.8.4. Recent developments
- 11.9. Tate & Lyle
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Interface summary
- 11.9.4. Recent developments
- 11.10. The NutraSweet Company
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Interface summary
- 11.10.4. Recent developments
- 11.11. Others
- 12. Conclusion
- 13. List of Abbreviations
- 14. Reference Links
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook