Global Food Sweetener Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Food Sweetener Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Sucrose (Common Sugar), Starch Sweeteners and Sugar Alcohols (Dextrose, High Fructose Corn Syrup (HFCS), Maltodextrin, Sorbitol, Xylitol, Other Starch Sweeteners and Sugar Alcohols), and High-intensity Sweeteners (HIS) (Sucralose, Aspartame, Saccharin, Neotame, Stevia, Cyclamate, Acesulfame Potassium (Ace-K), Other High-intensity Sweeteners)), Application (Bakery and Confectionery, Dairy and Desserts, Beverages, Meat and Meat Products, Soups, Sauces, and Dressings, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Food Sweetener Market was valued at USD 90,090.9 million in 2023 and is expected to reach USD 109,510.3 million by 2031 while growing at a CAGR of 2.5% 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 food sweetener market growth. A food sweetener imparts a sweet taste to food and beverages and falls into two main categories: nutritive sweeteners and non-nutritive sweeteners.
Increasing demand for low-calorie and sugar-free products, coupled with consumer preference for natural sweeteners, propels the growth of the food sweetener market. However, obstacles like health concerns, safety issues, and regulatory challenges and changes may impede market expansion.
Furthermore, the global food sweetener industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Food Sweetener Market is segmented among Sucrose (Common Sugar), Starch Sweeteners and Sugar Alcohols, and High-intensity Sweeteners (HIS), based on Product Type. In 2023, Sucrose (Common Sugar) 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 Food Sweetener Market is segmented among Bakery and Confectionery, Dairy and Desserts, Beverages, Meat and Meat Products, Soups, Sauces, and Dressings, and Other Applications, based on Application. In 2023, Bakery and Confectionery 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 Food 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, Asia Pacific dominated the market with the highest market share, while Europe 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 PLC, Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Ingredion Incorporated, Ajinomoto Co. Inc., NutraSweet Company, GLG Life Tech Corporation, Tereos SA, and Foodchem International Corporation
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Food Sweetener Market Dynamics
Drivers
Restraints
Opportunity
4. Global Food Sweetener Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Food Sweetener Market Segmentation, By Source
Global Food Sweetener Market Share Analysis, By Source
Global Food Sweetener Market Growth Analysis, By Source
Global Food Sweetener Market Trends, By Source
o Sucrose (Common Sugar)
o Starch Sweeteners and Sugar Alcohols
Ø Dextrose
Ø High Fructose Corn Syrup (HFCS)
Ø Maltodextrin
Ø Sorbitol
Ø Xylitol
Ø Other Starch Sweeteners and Sugar Alcohols
o High-intensity Sweeteners (HIS)
Ø Sucralose
Ø Aspartame
Ø Saccharin
Ø Neotame
Ø Stevia
Ø Cyclamate
Ø Ascesulfame Potassium (Ace-K)
Ø Other High-intensity Sweeteners
6. Global Food Sweetener Market Segmentation, By Application
Global Food Sweetener Market Share Analysis, By Application
Global Food Sweetener Market Growth Analysis, By Application
Global Food Sweetener Market Trends, By Application
o Bakery and Confectionery
o Dairy and Desserts
o Beverages
o Meat and Meat Products
o Soups
o Sauces
o Dressings
o Other Applications
7. Global Food Sweetener Market Segmentation, By Region
Global Food Sweetener Market Share Analysis, By Region
Global Food Sweetener Market Growth Analysis, By Region
Global Food 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 PLC.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Cargill Incorporated
Archer Daniels Midland Company
DuPont de Nemours Inc.
Ingredion Incorporated
Ajinomoto Co. Inc.
NutraSweet Company
GLG Life Tech Corporation
Tereos SA
Foodchem International Corporation
*Similar analysis will be provided for each company listed above.