Market Overview

The Global Artificial Sweetener Market was valued at USD 2,558.8 million in 2023 and is expected to reach USD 3,271.8 million by 2031 while growing at a CAGR of 3.1% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global artificial sweetener market growth. Artificial sweeteners, sugar substitutes with no caloric content, offer sweetness much more potent than sugar. Widely used for calorie reduction and blood sugar management, they are favored by those seeking health-conscious alternatives.

Increasing health awareness and the rising prevalence of diabetes and obesity propel the growth of the artificial sweetener market. Nevertheless, obstacles like health concerns, consumer perception, and regulatory scrutiny, along with the approval process, may impede market expansion.

Furthermore, the global artificial sweetener industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Artificial Sweetener Market is segmented among Aspartame, Acesulfame K, Saccharin, Sucralose, Neotame, and Other Types, based on Type. In 2023, Aspartame accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Artificial Sweetener Market is segmented among Bakery Products, Dairy Products, Confectionery, Beverages, and Other Applications, based on Application. In 2023, Beverages accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Artificial Sweetener Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Tate & Lyle, Cargill Inc., Archer Daniels Midland, Ingredion Inc., Roquette, Ajinomoto Co. Inc., JK Sucralose Inc., DuPont, Tereos SA, and GLG Life Tech Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Artificial Sweetener Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Artificial Sweetener Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Artificial Sweetener Market Segmentation, By Type

• Global Artificial Sweetener Market Share Analysis, By Type

• Global Artificial Sweetener Market Growth Analysis, By Type

• Global Artificial Sweetener Market Trends, By Type

o Aspartame

o Acesulfame K

o Saccharin

o Sucralose

o Neotame

o Other Types

6. Global Artificial Sweetener Market Segmentation, By Application

• Global Artificial Sweetener Market Share Analysis, By Application

• Global Artificial Sweetener Market Growth Analysis, By Application

• Global Artificial Sweetener Market Trends, By Application

o Bakery Products

o Dairy Products

o Confectionery

o Beverages

o Other Applications

7. Global Artificial Sweetener Market Segmentation, By Region

• Global Artificial Sweetener Market Share Analysis, By Region

• Global Artificial Sweetener Market Growth Analysis, By Region

• Global Artificial Sweetener Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Tate & Lyle*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Cargill Inc.

• Archer Daniels Midland

• Ingredion Inc.

• Roquette

• Ajinomoto Co. Inc.

• JK Sucralose Inc.

• DuPont

• Tereos SA

• GLG Life Tech Corporation    

 *Similar analysis will be provided for each company listed above.