Sweetener Market to Exceed USD 157.7 Billion at a CAGR of 3.8% by 2032: Future Market Insights, Inc.

Sweetener Market to Exceed USD 157.7 Billion at a CAGR of 3.8% by 2032: Future Market Insights, Inc.

Future Market Insights Global and Consulting Pvt.  Ltd.

Future Market Insights Global and Consulting Pvt. Ltd.

The US sweetener market is expected to register a CAGR of 12.4% during the forecast years. The sweetener market in China is projected to grow at a rate of nearly 24% during the forecast period. France has the second largest organic food and drink market in Europe. France sweetener market is projected to grow at a CAGR of around 8.1% over the forecast timeframe

DUBAI, United Arab Emirates, Sept. 18, 2022 (GLOBE NEWSWIRE) — According to Sweeteners Market Analysis Report, the global market share is approximately USD 108.6 billion in the current year 2022. The global Sweeteners market share is set to grow at a CAGR of 3.8% and is expected to reach a valuation of approximately $157.7 billion by the end of 2032.

Sugar substitutes are used as a low-calorie dietary supplement due to their low glycemic index because they do not assess post-meal insulin levels. A wide range of items, including dairy, bread and pharmaceuticals, now use alternative sweeteners, which are made from a variety of natural and synthetic ingredients. As people consume more nutritious and low-calorie meals and beverages, the sugar substitute market is expected to grow at a positive rate in the coming years.

The size of the sweetener market has grown significantly over the years as a result of its continuous developments and new applications in the food industry, including developments in dairy products and bread products. Alternative sweeteners such as stevia sugar offer a variety of benefits, including sweetness, taste, and affordable nutrition and mixing capabilities, making it the most sought-after product segment in this market. Owing to growing consumer demand for reduced-calorie and healthier food and beverages, the world’s largest sweetener market is projected to expand over the forecast period.

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In addition to its sweetening properties, sweeteners such as monk fruit extract, agave syrup help preserve product freshness by reducing temperature, retaining moisture in bran cereals and breakfast bars, enhancing fruit and spice flavors, promoting browning of the surface and providing fermentation capacity. Ultimately, this huge advantage of natural sweeteners has pushed the entire value chain into the growth of the global sweetener market, as well as the launch of new products by foreign competitors.

Key facts from market research

  • The global market for sweeteners is expanding as a result of the increasing number of obese, overweight and diabetics in all major economies.

  • The sweetener market in China is projected to grow at a CAGR of approximately 24% over the next ten years. China is a major exporter of stevia products around the world.

  • France’s sweetener market is projected to grow at a CAGR of around 8.1% over the next ten years, and the demand for organic stevia is growing at the highest rate.

  • The diet soda industry dominates the sugar substitute market, with aspartame emerging as the most popular sweetener.

  • Among the eleven steviol glycosides, stevioside and rebaudioside A are the two most abundant and dominant subclasses of the sweetener market.

  • The consumption of natural sweeteners is also evident in the food and beverage industry, which is always innovating and developing newer things, including natural sweeteners and other products.

“One of the main forces driving the expansion of the high-fructose corn syrup industry is the growing popularity of fast and processed foods, such as sugar-based prepared foods, snacks and frozen dinners. The need for packaged and processed foods is increasing in both developed and developing countries, which could increase the demand for food packaging and sugar manufacturing solutions, increasing the demand for high fructose corn syrup in food and beverage applications across the world. “ says an analyst at Future Market Insights.

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Competitive landscape

Companies are focusing on cost reduction in order to increase productivity and market share in the global novel sweeteners and artificial sweeteners market because there are few customers and sellers. In addition, for sugar-free and low-calorie sweeteners, the extraction process is standard. Companies in the global sweetener sector have patented extraction technology for the same reason. This is supported by government regulations that are strict due to public health concerns.

Some of the prominent ones sweetener market factors include Carl Kühne KG (GmbH & Co.), Castelo Alimentos S/A, Aspall Cyder Ltd, White House foods, Spectrum Organic Products, LLC, Higher Nature Limited., Vitane Pharmaceuticals, Inc., The Kraft Heinz company, Bragg Live Food Products, Inc., Swanson Health Products, Inc., Solana Gold Organics, Amfac, Inc. (American Garden), Mautner Markhof Feinkost GmbH, GNC holdings inc, Eden Foods, Inc., Pompeian, Inc., NutraMarks, Inc., Eden Nuganics, Viva Naturals and Health Connection Wholefoods among others.

Recent developments in the sweetener market

Explore more valuable information

Future Market Insights, in its new report, offers an unbiased analysis of the sweetener market, presenting historical data (2017-2021) and estimation statistics for the forecast period 2022-2032.

The study offers fascinating insights based on Nature (Organic, Conventional) By Product Type (Sucrose, Natural Sweeteners, Artificial Sweeteners, Novel Sweeteners & Sugar Alcohol) By Application (Food, Beverage, Pharmaceutical, Personal Care & Other Applications) by Form) : Powder, Liquid, and Crystals), in seven major regions of the world.

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Table of Contents

1. Summary

1.1. World Market Outlook

1.2. Demand-side trends

1.3. Supply-side trends

1.4. Technology Roadmap Analysis

1.5. Analysis and recommendations

2. Market overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Purchase history

3.1. Market Dynamics

3.1.1. Guides

3.1.2. Restrictions

3.2. Scenario prediction

Click here for Sweetener Market 306 page TOC Reference

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified market research and consulting firm, a member of the Greater New York Chamber of Commerce, and is headquartered in Delaware, USA. Recipient of Clutch Leaders 2022 award due to high customer rating (4.9/5), we work with global enterprises on their business transformation journey and help them fulfill their business ambitions. 80% of the largest Forbes 1000 companies are our clients. We serve global clients in all leading and niche market segments across all major industries.

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