Email
Print
Artificial Sweeteners Market - Forecast(2024 - 2030)
Artificial Sweeteners Market Overview
Artificial Sweeteners market size was valued at $ 3,938 million in 2020, and is anticipated to grow at a CAGR of 5.81% during the forecast period 2021-2026. Artificial sweeteners are artificial sugar substitutes which comprises of aspartame, acesulfame-k, monosodium glutamate, saccharin, etc. They are basically derived from the natural substances, such as herbs or the sugar itself. Artificial Sweeteners are widely used in processed foods such as powdered drink mixes, desserts, jam and jelly, baked goods, dairy products, beverages, and others to keep the taste and make it healthier. The artificial sweeteners market is growing, owing to the increased awareness and health consciousness among the people and the demand for low-calorie sugar substitutes and sugar-free products is increasing. Hence, the food manufacturers produce low-calorie and sugar-free alternatives as the main products, which in turn help stimulate market growth over the forecast period 2021-2026. However, from food testing and certification, these international regulatory bodies are compelling manufacturers to follow food labeling rules and regulations which is affecting the profitability of several manufacturing companies which is poised to hinder the Artificial Sweeteners market growth.
Artificial Sweeteners Market Report Coverage
The report: “Artificial Sweeteners Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Artificial Sweeteners Market:
By Type: Acesulfame K, Aspartame, Neotame, Saccharin, Sucralose, and others.
By Application: Bakery Products, Beverages, Confectionery, Dairy products, and others.
By Distribution Channel: Supermarkets/Hypermarkets, Online Channel, Specialty Stores, and others.
By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan, India, South Korea, Australia and Others), South America(Brazil, Argentina and Others) and RoW(Middle East and Africa).
Key Takeaways
- Geographically, Asia Pacific region held the highest market share of 35.34% in 2020.
- The factors such as the increasing consumer awareness regarding the positivity of artificial sweeteners coupled with rising use of low-calorie sugar substitutes and sugar-free products across the globe are amongst the major factor projected to impel growth of Artificial Sweeteners market.
- Additionally, factors such as companies investing in product innovations to improvise and evaluate their product portfolio through technological up gradations thereby, obtaining varying formulations, taste and dispensability at all levels are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.
Artificial Sweeteners Market Segment Analysis – By Distribution Channel, 2020(%)
For More Details on This Report - Request for Sample
Artificial Sweeteners Market Segment Analysis - By Application
On the basis of application, beverage segment accounted for the largest segmental revenue of the Artificial Sweeteners market in 2020. The large share can be attributed to the fact that artificial sweeteners are currently preferred in beverages, such as diet carbonated drinks, flavored water, and other beverages which thus accelerates the growth of the Artificial Sweeteners market. Furthermore, this segment is projected to dominate over the forecast period 2021-2026 with a CAGR of 4.3% as the quantity of sugar used is reduced without affecting appearance and taste, which enables manufacturers in the beverage industry to replace sugar with artificial sweeteners across the globe, which are also aiding further increase in the growth of this market.
Artificial Sweeteners Market Segment Analysis - By Distribution Channel
In 2020, on the basis of distribution channel, Supermarkets/Hypermarkets segment accounted for the largest segmental revenue of the Artificial Sweeteners market on account of the notable number of footfall visiting to such markets owing to one-stop shopping experience followed by the presence of large volumes availability of such sweeteners are to cater the market revenue for the segment. On the contrary, online channel segment is projected to witness healthy growth throughout the forecast period 2021-2026 with a CAGR of 4.6% since there is an increased access to the online portals owing to the pandemic for the past 2 years followed by their respective discounts provided. Apart from this, owing to the customer flexibility of home deliveries many retail outlets are also starting to invest in such products which is also set to increase the growth of the market during the forecast period 2021-2026.
Artificial Sweeteners Market Segment Analysis - By Geography
Asia Pacific is the major region dominating the Artificial Sweeteners market with a market share of 35.34% in the year 2020. This can be attributed rising awareness of health and growing sweetener industry. Moreover, increasing neurodegenerative diseases are rising the demand for Artificial Sweeteners market. Apart from this, weight loss trend in the region which reduces table sugar use during recent years mainly owing to its rising health concerns are also to pave for it’s growth.
On the other hand, North America is projected to be the significant-growing market during the forecast period 2021-2026 owing to the emergence of sweetener industry during the forecast period 2021-2026. Furthermore, evolving dietary patterns such as low-calorie and zero-calorie foods are increasing in the processed and packaged foods sector, leading to an increased demand for artificial sweeteners in the region.
Artificial Sweeteners Market Drivers
Rising Demand In The Food And Beverage Industry
The artificial sweeteners market driver can be attributed to the increasing use of low-calorie sugar substitutes and sugar-free products. Moreover, the harmful effects of sugar, health problems, and the spread of lifestyle diseases like heart disease and diabetes have led the consumers to choose healthy alternatives like artificial sweeteners the market growth of artificial sweeteners market.
Artificial Sweeteners Market Challenges
Long-term Excessive Intake
The restraining factor that is to create a negative impact during the forecast period 2021-2026 is the long-term and excessive use leads to diabetes, which interferes with the body’s ability to regulate the blood sugar is projected to hamper the market growth. The long-term consumption of the artificial sweeteners leads to diarrhea, bloating, and gastrointestinal disorders. However, the high-intensity sweeteners, such as saccharin, and aspartame, causes blood related disorders, including leukemia, which even leads to death. This is acting as a major challenge for the growth of the Artificial Sweeteners Market during the forecast period 2021-2026.
Artificial Sweeteners Market Landscape
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Artificial Sweeteners market. In 2020, Artificial Sweeteners market share is fragmented by the top ten players present in the market. The Artificial Sweeteners market top 10 companies are Tate & Lyle PLC, Cargill Inc, Raizen S.A., Ingredion Incorporated, Wilmar International Limited, E.I Dupont De Numours and Company, Associated British Foods Plc, Archer Daniels Midland Company, Ajinomoto Corporation Inc, Nestlé S.A. and others.
Acquisitions/Product Launches
- In November 2019, Cargill-DSM joint venture Avansya has started the commercial-scale production of EverSweet™ stevia sweetener, as consumers increasingly demand reduced-calorie food and beverages.
- In April 2019, Tate & Lyle has signed a multi-year agreement with Codexis Inc, for the supply and licensing of the novel Codexis performance enzymes used in the manufacture of the Tate & Lyle’s TASTEVA® M Stevia Sweetener.
Relevant Reports:
Report Code: FBR 0026
Report Code: FBR0070
For more Food and Beverage Market reports, please click here
1. Artificial Sweeteners Market - Overview
1.1 Definitions and Scope
2. Artificial Sweeteners Market - Executive Summary
2.1 Market Revenue and Key Trends by Company
2.2 Key trends by Type
2.3 Key trends by Distribution Channel
2.4 Key trends by Geography
3. Artificial Sweeteners Market – Comparative Analysis
3.1 Product Benchmarking – Key Companies
3.2 Financial Analysis – Key Companies
3.3 Market Value Split by Key Companies
3.4 Patent Analysis – Key Companies
3.5 Pricing Analysis
4. Artificial Sweeteners Market - Startup Companies Scenario Premium
4.1 Key Startup Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Artificial 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. Artificial Sweeteners Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
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. Artificial Sweeteners Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Artificial Sweeteners Market – By Type (Market Size -$Million/$Billion)
8.1 Acesulfame K
8.2 Aspartame
8.3 Neotame
8.4 Saccharin
8.5 Sucralose
8.6 Others
9. Artificial Sweeteners Market – By Application (Market Size -$Million/$Billion)
9.1 Bakery Products
9.2 Beverages
9.3 Confectionery
9.4 Dairy products
9.5 Others
10. Artificial Sweeteners Market – By Distribution Channel (Market Size -$Million/$Billion)
10.1 Supermarkets/Hypermarkets
10.2 Online Channel
10.3 Specialty Stores
10.4 Others
11. Artificial 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 South America
11.2.1 Brazil
11.2.2 Venezuela
11.2.3 Argentina
11.2.4 Ecuador
11.2.5 Peru
11.2.6 Rest of South America
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Australia
11.4.3 Japan
11.4.4 South Korea
11.4.5 India
11.4.6 Rest of Asia Pacific
11.5 Rest of World
11.5.1 Africa
11.5.2 Middle East
12. Artificial Sweeteners Market - Entropy
13. Artificial Sweeteners Market – Industry/Segment Competition Landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Region- Top 10 companies
13.1.2 Market Share at Global - Top 10 companies
13.1.3 Market Share by Countries – Top 10 Companies
13.1.4 Competition Matrix
13.1.5 Best Practices for Companies
14. Artificial Sweeteners Market – Key Company List by Country Premium Premium
15. Artificial Sweeteners Market Company Analysis
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global MARKET SEGMENTATION Market 2019-2024 ($M)1.1 By Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Aspartame Market 2019-2024 ($M)
1.1.2 Acesulfame K Market 2019-2024 ($M)
1.1.3 Saccharin Market 2019-2024 ($M)
1.1.4 Sucralose Market 2019-2024 ($M)
1.1.5 Neotame Market 2019-2024 ($M)
1.2 By Application Market 2019-2024 ($M) - Global Industry Research
1.2.1 Bakery Products Market 2019-2024 ($M)
1.2.2 Dairy products Market 2019-2024 ($M)
1.2.3 Confectionery Market 2019-2024 ($M)
1.2.4 Beverages Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
2.2 Most Adopted Strategies Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Aspartame Market 2019-2024 (Volume/Units)
3.1.2 Acesulfame K Market 2019-2024 (Volume/Units)
3.1.3 Saccharin Market 2019-2024 (Volume/Units)
3.1.4 Sucralose Market 2019-2024 (Volume/Units)
3.1.5 Neotame Market 2019-2024 (Volume/Units)
3.2 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Bakery Products Market 2019-2024 (Volume/Units)
3.2.2 Dairy products Market 2019-2024 (Volume/Units)
3.2.3 Confectionery Market 2019-2024 (Volume/Units)
3.2.4 Beverages Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Most Adopted Strategies Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Aspartame Market 2019-2024 ($M)
5.1.2 Acesulfame K Market 2019-2024 ($M)
5.1.3 Saccharin Market 2019-2024 ($M)
5.1.4 Sucralose Market 2019-2024 ($M)
5.1.5 Neotame Market 2019-2024 ($M)
5.2 By Application Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Bakery Products Market 2019-2024 ($M)
5.2.2 Dairy products Market 2019-2024 ($M)
5.2.3 Confectionery Market 2019-2024 ($M)
5.2.4 Beverages Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
6.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Aspartame Market 2019-2024 ($M)
7.1.2 Acesulfame K Market 2019-2024 ($M)
7.1.3 Saccharin Market 2019-2024 ($M)
7.1.4 Sucralose Market 2019-2024 ($M)
7.1.5 Neotame Market 2019-2024 ($M)
7.2 By Application Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Bakery Products Market 2019-2024 ($M)
7.2.2 Dairy products Market 2019-2024 ($M)
7.2.3 Confectionery Market 2019-2024 ($M)
7.2.4 Beverages Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
8.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Aspartame Market 2019-2024 ($M)
9.1.2 Acesulfame K Market 2019-2024 ($M)
9.1.3 Saccharin Market 2019-2024 ($M)
9.1.4 Sucralose Market 2019-2024 ($M)
9.1.5 Neotame Market 2019-2024 ($M)
9.2 By Application Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Bakery Products Market 2019-2024 ($M)
9.2.2 Dairy products Market 2019-2024 ($M)
9.2.3 Confectionery Market 2019-2024 ($M)
9.2.4 Beverages Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
10.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Aspartame Market 2019-2024 ($M)
11.1.2 Acesulfame K Market 2019-2024 ($M)
11.1.3 Saccharin Market 2019-2024 ($M)
11.1.4 Sucralose Market 2019-2024 ($M)
11.1.5 Neotame Market 2019-2024 ($M)
11.2 By Application Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Bakery Products Market 2019-2024 ($M)
11.2.2 Dairy products Market 2019-2024 ($M)
11.2.3 Confectionery Market 2019-2024 ($M)
11.2.4 Beverages Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
12.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Aspartame Market 2019-2024 ($M)
13.1.2 Acesulfame K Market 2019-2024 ($M)
13.1.3 Saccharin Market 2019-2024 ($M)
13.1.4 Sucralose Market 2019-2024 ($M)
13.1.5 Neotame Market 2019-2024 ($M)
13.2 By Application Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Bakery Products Market 2019-2024 ($M)
13.2.2 Dairy products Market 2019-2024 ($M)
13.2.3 Confectionery Market 2019-2024 ($M)
13.2.4 Beverages Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
14.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Artificial Sweeteners Market Revenue, 2019-2024 ($M)2.Canada Artificial Sweeteners Market Revenue, 2019-2024 ($M)
3.Mexico Artificial Sweeteners Market Revenue, 2019-2024 ($M)
4.Brazil Artificial Sweeteners Market Revenue, 2019-2024 ($M)
5.Argentina Artificial Sweeteners Market Revenue, 2019-2024 ($M)
6.Peru Artificial Sweeteners Market Revenue, 2019-2024 ($M)
7.Colombia Artificial Sweeteners Market Revenue, 2019-2024 ($M)
8.Chile Artificial Sweeteners Market Revenue, 2019-2024 ($M)
9.Rest of South America Artificial Sweeteners Market Revenue, 2019-2024 ($M)
10.UK Artificial Sweeteners Market Revenue, 2019-2024 ($M)
11.Germany Artificial Sweeteners Market Revenue, 2019-2024 ($M)
12.France Artificial Sweeteners Market Revenue, 2019-2024 ($M)
13.Italy Artificial Sweeteners Market Revenue, 2019-2024 ($M)
14.Spain Artificial Sweeteners Market Revenue, 2019-2024 ($M)
15.Rest of Europe Artificial Sweeteners Market Revenue, 2019-2024 ($M)
16.China Artificial Sweeteners Market Revenue, 2019-2024 ($M)
17.India Artificial Sweeteners Market Revenue, 2019-2024 ($M)
18.Japan Artificial Sweeteners Market Revenue, 2019-2024 ($M)
19.South Korea Artificial Sweeteners Market Revenue, 2019-2024 ($M)
20.South Africa Artificial Sweeteners Market Revenue, 2019-2024 ($M)
21.North America Artificial Sweeteners By Application
22.South America Artificial Sweeteners By Application
23.Europe Artificial Sweeteners By Application
24.APAC Artificial Sweeteners By Application
25.MENA Artificial Sweeteners By Application