Alternative Sweeteners Market - Forecast(2020 - 2025)

Report Code: FBR 44009 Report Format: PDF + Excel (Delivery in 48 Hrs)
Alternative Sweeteners Market Overview
Alternative Sweeteners Market size is estimated to be $4.5 billion in 2019, growing at a CAGR of 3.7% during the forecast period 2020-2025. Rapid urbanization, changing lifestyle aiming to reduce sugar consumption, rising incidences of kidney failure and cardiovascular disease is a major factor driving the Alternative Sweeteners market during the forecast period 2020-2025. In addition, the rising use of Alternative Sweeteners in bakery & confectionary, pharmaceuticals and in various application is also contributing to its market growth. Moreover, alternative sweeteners are simply alternatives to sucrose and other mono and disaccharide that provide sweetness. Furthermore, upsurge in demand of zero-calorie or low-calorie sweeteners in beverages and drinks among geriatric population is enabling manufacturers to develop new products which in turn is boosting the alternative Sweeteners market during the forecast period 2020-2025. For instance, in October 2019 Cargill developed a botanical extract ingredient called ClearFlo that could provide a sugar like sweetness profile to stevia.
 
Report Coverage
The report: “Alternative Sweeteners Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Alternative Sweeteners Market.

By Product- High Fructose Syrup, High-Intensity Sweeteners and Low-Intensity Sweeteners.
By Type-Nutritive Sweeteners and Non-Nutritive Sweeteners.
By Application- Food, Beverages, Bakery, Confectionary, Dairy, Pharmaceuticals & Nutraceutical and Others.
By Geography-North America, Europe, APAC and RoW.

Key Takeaways
  • By Type, Non-Nutritive Sweeteners accounted for the largest market share in 2019 owing to its zero or low-calorie nature as compared to nutritive Sweeteners such as table sugar.
  • Food accounted for the largest market share in 2019 owing to its enhanced usage in this this application as it is added to a wide range of products from ‘sugar free’ foods and beverages, through protein powders, baked goods and chewing gum.
  • North America dominated the Alternative Sweeteners Market owing to the rising geriatric population along with the increasing diabetes patients, increasing health concerns along with a better healthcare structure is a major factor driving the regional market growth.
  • Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is another major factor driving the Alternative Sweeteners Market during the forecast period 2020-2025

By Type- Segment Analysis 
By Type, Non-Nutritive Sweeteners accounted for the largest market share in 2019  and holds significant CAGR of 4.3% in the forecast period 2020-2025 owing to its zero or low calorie as compared to nutritive Sweeteners such as table sugar. Owing to this fact it is used in the production of hot and cold beverages and also for baking thereby propelling its market growth. Moreover, non-nutritive sweeteners are much sweeter than sugar so only small amounts are needed as they provide few calories per gram than sugar owing to its ability to be completely absorbed by the digestive system. Furthermore, the Food and Drug Administration has approved the use of various non-nutritive ingredients including acesulfame-K, aspartame, neotame, saccharin and stevia, thus providing new avenues to the segment growth.

By Application- Segment Analysis
Food & Beverages accounted for the largest market share in 2019 owing to the benefits as a sweetener agent in a wide range of products from ‘sugar free’ foods and beverages, through protein powders, dairy, baked goods and chewing gum. It is also added to some liquid medicine such as cough syrup, cold medicine, pain relief etc. Furthermore, increasing diabetes patients and the demand of sugar free products is contributing to its market growth as Alternative Sweeteners can provide sweetness to the food without increasing the blood sugar as much as sucrose. Moreover, in July 2020 Tate & Lyle PLC launched Sweetener Vantage Expert System, a set of sweetener solution design tools together with an education program to help formulators create sugar reduced food and beverages using low calorie Sweeteners.

Geography- Segment Analysis
North America dominated the Alternative Sweeteners Market with a region share of more than 34%% in 2019 followed by Europe and APAC. Rising geriatric population along with the increase in the diabetes patients, increasing health concerns along with the growing demand of advanced Alternative Sweeteners products and a better healthcare structure is a major factor propelling the regional market growth. Furthermore, the presence of major players in this region is further contributing to its market growth. Rising cases of diabetes in the region is another key factor supporting the market growth. According to the World Health Organization about 422 million people worldwide have diabetes, the majority living in low and middle-income countries and 1.6 million deaths are directly attributed to diabetes each year. Both the number of cases and prevalence of diabetes have been steadily increasing over the past few decades.

Drivers – Alternative Sweeteners Market
  • Increasing incidence of chronic diseases
Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major driving the Alternative Sweeteners Market during the forecast period 2020-2025. Furthermore, the growing diabetes patients and their preference to adapt to different types of sugar-free products is propelling the demand of Alternative Sweeteners Market during the forecast period 2020-2025. Alternative sweeteners have lower glycemic index that keeps the insulin levels unaffected after their intake, and thus it is used as low-calorie food additive thus boosting the market growth. People suffering from diabetes and obesity prefer low calorie sweeteners, as it has much lesser sweetness quotient than that of sugar thus making them to adopt alternative sweeteners.

  • Increasing Demand of Alternative Sweeteners in Food
Increasing Demand of Alternative Sweeteners in foods such as bakery & Confectionary, food, dairy & chewing gums is a major factor driving the Alternative Sweeteners Market during the forecast period 2020-2025. Moreover, the use of sugar alcohols as they are slightly lower in calories than sugar and do not promote tooth decay or cause a sudden increase in blood glucose, therefore driving the market. Owing to these benefits they are primarily used to sweeten sugar free candies, cookies and chewing gums.

Challenges – Alternative Sweeteners Market
  • Side-Effects of Alternative Sweeteners Medications
Side-Effects of Alternative Sweeteners Medications serves as a major setback for the growth of the Alternative Sweeteners Market during the forecast period 2020-2025. Its impact on the brain, gut health, diabetes, increase calories and sometimes lead to a number of gastrointestinal issues are some of its side-effects restraining its market growth.

Alternative Sweeteners Market Industry Outlook 
Product Launches, Merger & Acquistion, joint ventures and R&D activities are key strategies adopted by the players in Alternative Sweeteners Market. Alternative Sweeteners Market top 10 companies are Cargill, Tate & Lyle, Archer Daniels Midland, B Food Science, Dupont Nutrition & Health, GLG Life Tech Solution, Ingredion Incorporated, PureCircle Limited, Naturex S.A., and Associated British Food plc.

Developments:
  • October 2019: Cargill developed a botanical extract ingredient called ClearFlo that could provide a sugar like sweetness profile to stevia.
1. Alternative Sweeteners Market Overview
    1.1 Definitions and Scope
2. Alternative Sweeteners Market  - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product
    2.3 Key trends by Type
    2.4 Key trends by Application
    2.5 Key trends by Geography
3. Alternative Sweeteners Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Alternative Sweeteners Market- Startup companies Scenario Premium Premium  
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Alternative Sweeteners Market – Industry Market Entry Scenario Premium Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Alternative Sweeteners Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Alternative Sweeteners Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Alternative Sweeteners Market – By Product (Market Size –$Million/$Billion)
    8.1 High Fructose Syrup
    8.2 High-Intensity Sweetners
    8.3 Low-Intensity Sweetners
9. Alternative Sweeteners Market – By Type (Market Size –$Million/$Billion)
    9.1 Non-nutritive Sweetners
    9.2 Nutritive Sweetners
10. Alternative Sweeteners Market – By Application (Market Size –$Million/$Billion)
    10.1 Food
    10.2 Beverages
    10.3 Bakery
    10.4 Confectionary
    10.5 Dairy
    10.6 Pharmaceutical & Nutraceutical
    10.7 Others
11. Alternative Sweeteners Market -  By Geography (Market Size -$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of APAC
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Alternative Sweeteners Market - Entropy
13. Alternative Sweeteners Market  – Industry/Segment Competition Landscape      Premium  
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Country- Key companies
        13.1.4 Best Practices for Companies
14. Alternative Sweeteners Market – Key Company List by Country Premium  Premium
15. Alternative Sweeteners Market Company Analysis
    15.1 Company Revenue, Products, M&A, Developments
    15.2 Cargill
    15.3 Tate & Lyle
    15.4 Archer Daniels Midland
    15.5 B Food Science
    15.6 Dupont Nutrition & Health
    15.7 GLG Life Tech Solution
    15.8 Ingredion Incorporated
    15.9 PureCircle Limited
    15.10 Naturex S.A.
    15.11 Association Brtish Food plc
*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Alternative Sweetener Market, By Product Type Market 2019-2024 ($M)
1.1 High Fructose Syrup Market 2019-2024 ($M) - Global Industry Research
1.2 High-Intensity Sweetener Market 2019-2024 ($M) - Global Industry Research
1.3 Low-Intensity Sweetener Market 2019-2024 ($M) - Global Industry Research
2.Global Alternative Sweetener Market, By Product Type Market 2019-2024 (Volume/Units)
2.1 High Fructose Syrup Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 High-Intensity Sweetener Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Low-Intensity Sweetener Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Alternative Sweetener Market, By Product Type Market 2019-2024 ($M)
3.1 High Fructose Syrup Market 2019-2024 ($M) - Regional Industry Research
3.2 High-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
3.3 Low-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
4.South America Alternative Sweetener Market, By Product Type Market 2019-2024 ($M)
4.1 High Fructose Syrup Market 2019-2024 ($M) - Regional Industry Research
4.2 High-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
4.3 Low-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
5.Europe Alternative Sweetener Market, By Product Type Market 2019-2024 ($M)
5.1 High Fructose Syrup Market 2019-2024 ($M) - Regional Industry Research
5.2 High-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
5.3 Low-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
6.APAC Alternative Sweetener Market, By Product Type Market 2019-2024 ($M)
6.1 High Fructose Syrup Market 2019-2024 ($M) - Regional Industry Research
6.2 High-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
6.3 Low-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
7.MENA Alternative Sweetener Market, By Product Type Market 2019-2024 ($M)
7.1 High Fructose Syrup Market 2019-2024 ($M) - Regional Industry Research
7.2 High-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research
7.3 Low-Intensity Sweetener Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Alternative Sweeteners Market Revenue, 2019-2024 ($M)
2.Canada Alternative Sweeteners Market Revenue, 2019-2024 ($M)
3.Mexico Alternative Sweeteners Market Revenue, 2019-2024 ($M)
4.Brazil Alternative Sweeteners Market Revenue, 2019-2024 ($M)
5.Argentina Alternative Sweeteners Market Revenue, 2019-2024 ($M)
6.Peru Alternative Sweeteners Market Revenue, 2019-2024 ($M)
7.Colombia Alternative Sweeteners Market Revenue, 2019-2024 ($M)
8.Chile Alternative Sweeteners Market Revenue, 2019-2024 ($M)
9.Rest of South America Alternative Sweeteners Market Revenue, 2019-2024 ($M)
10.UK Alternative Sweeteners Market Revenue, 2019-2024 ($M)
11.Germany Alternative Sweeteners Market Revenue, 2019-2024 ($M)
12.France Alternative Sweeteners Market Revenue, 2019-2024 ($M)
13.Italy Alternative Sweeteners Market Revenue, 2019-2024 ($M)
14.Spain Alternative Sweeteners Market Revenue, 2019-2024 ($M)
15.Rest of Europe Alternative Sweeteners Market Revenue, 2019-2024 ($M)
16.China Alternative Sweeteners Market Revenue, 2019-2024 ($M)
17.India Alternative Sweeteners Market Revenue, 2019-2024 ($M)
18.Japan Alternative Sweeteners Market Revenue, 2019-2024 ($M)
19.South Korea Alternative Sweeteners Market Revenue, 2019-2024 ($M)
20.South Africa Alternative Sweeteners Market Revenue, 2019-2024 ($M)
21.North America Alternative Sweeteners By Application
22.South America Alternative Sweeteners By Application
23.Europe Alternative Sweeteners By Application
24.APAC Alternative Sweeteners By Application
25.MENA Alternative Sweeteners By Application
26.Ajinomoto Co , Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Archer-Daniels- Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Cargill, Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Dupont Nutrition Health, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Glg Life Tech Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ingredion Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Naturex S A, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Tate Lyle Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Purecircle Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Associated British Food Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)