Sugar Reduction Technology Market - Forecast(2021 - 2026)

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Sugar Reduction Technology Market Overview 

Sugar Reduction Technology Market size was valued at $ 15.25Bn by 2019, and is anticipated to grow at a CAGR of 6.5% during the forecast period 2020-2025. The Sugar Reduction Technology Market growth rate is attributed to soaring demand for sugar substitute products from the food and beverage industry is anticipated to help the market gain tremendous traction over the coming years. Consumption of sugar is a significant cause of health conditions such as obesity, heart disease, diabetes, and skin disorders such as acne. The rise in the incidence of these health problems has changed the attention of consumers towards low-calorie and low-sugar goods. This element acts as a core driver of the demand for global sugar reduction technology. Sugar reduction technology makes it possible to use less sugar in a recipe while maintaining the same flavor, and has thus become a global macro trend. Consumers who are aware of health and wellness are requesting items that contain less sugar and lower calories.

Furthermore, the growth of the market is motivated by initiatives and recommendations by food safety authorities aimed at minimizing the use of sugar and removing trans fats in processed goods to ensure the prevention of diseases among consumers. Artificial sweeteners, however, involve chemicals instead of natural ingredients in their development process. The regular intake of artificial sweeteners may be harmful for consumers and can impede the growth of the business. Thus, increasing awareness regarding repercussions of high sugar consumption and rising prevalence of diabetes across the globe are poised to support the growth of the market. Fluctuating prices of sugar are anticipated to create opportunities for sugar substitute manufacturers worldwide over the forecast period 2020-2025.

Report Coverage

The report: “Sugar Reduction Technology Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Sugar Reduction Technology Market:
By Product Types: Naturally Derived Sweeteners, Artificial Sweeteners, Sugar Alcohols and Sweetness Modulators.
By Recent Technology: Mineral Sugar Carrier, Hollow Sugar Crystals, Fiber-enriched Ingredient, Biodegradable Nano-carriers and Xylosyl-xylitol Oligomer. 
By Application: Food & Beverage, Health & Personal Care and Others.
By Geography: North America, Europe, Asia-Pacific and RoW.

Key Takeaways

  • North America dominated the Sugar Reduction Technology Market with a share of 28% in the year 2019.        
  • The factors such as the consumption patterns and choices of consumers and increasing count of a population of diabetics and obesity are amongst the major factor projected to impel growth of Sugar Reduction Technology Market.
  • With the growing preferences of healthy eating has also demanded the food & beverage manufacturers to introduce sugar substitutes into the products is the key factor owing to the growth in the segment during forecast period 2020-2025.

Sugar Reduction Technology Market Segment Analysis - By Application 

On the basis of application, Food and beverage segment held the major share of the market in terms of revenue and is poised to grow with a CAGR of 6.23%. The reason is being attributed to increasing count of a population of diabetics and obesity has created a huge awareness among the consumers to reduce the sugar intake. In addition, this segment is anticipated to gain revenue share during the forecast period 2020-2025 as a result of the changing habits of customers and raising awareness of low-calorie food products. In products such as baked goods, packaged foods, powdered drink mixes; dairy products, and soft drinks, sugar substitutes are used extensively. Apart from this, consumers nowadays are seeking ways to maintain a healthy lifestyle, and sugar remains top-of-mind in terms of health and wellness needs. Beverages continue to hold dominance among the application areas of sugar substitutes owing to the consumers’ demand for low-calories formulations. The future growth in the beverage sector of sugar substitutes lies in innovative sugar substitutes and ingredient technologies that offer taste along with health benefits.

Sugar Reduction Technology Market Segment Analysis - By Geography

North America dominated the Sugar Reduction Technology Market with a share of 28% in 2019. The application of Sugar Reduction Technology has grown rapidly over the last few years owing to the flourishing food processing industry, rising prevalence of diabetes, and increasing obesity among the population. North America is among the largest users of replacements for sugar. The demand for these items is likely to be increased by growing understanding of low calorie foods and the advantages of using sugar substitutes in everyday diets. Rising pressure on sugar substitute producers by regulatory bodies is the main reason behind moderate growth in the region.

Asia Pacific is estimated to post a CAGR of 8.0% during the forecast period 2020-2025. Rising health issues related to sugar consumption, the presence of emerging economies providing profit margins to key market participants, and rising disposable income are driving the regional market. Asia Pacific is poised to be a highly promising destination for sugar substitute manufacturers owing to improving living standards of middle-class population coupled with rising spending power of consumers. Besides this, growing concerns among health conscious population are projected to be one of the key factors stimulating market growth.

Sugar Reduction Technology Market Drivers

Consumption Pattern and Choices 

With the consumption patterns and choices of consumers are frequently changing regarding the food which is anticipated to spur industry expansion. Companies operating in the industry are focusing on developing foods and beverages that help meet customers’ weight loss and dietary goals. This means manufacturing companies need to develop products that have low calorific value, free from sugar, and low in glycaemic carbohydrates while achieving the desired flavour, stability and texture of traditional products without raising the insulin or blood glucose levels. Leading market players are channelling their energies through substantial R&D investments into the production of new products, leveraging advanced technologies to deliver superior quality and cost-effective products. Companies are also working to raise customer awareness of the possible danger of uncontrolled sugar substitute intake, thus adhering strictly to international quality standards.

Sugar Reduction Technology Market Challenges

Strict recommendations by Government Bodies

Strict recommendations for food & beverage suppliers by government bodies to minimize the incidence of obesity and diabetics, as the incidences are strongly impacted by food consumption. This led to the launch of diet coke, ice cream free of sugar, diet food, among others. In addition, in terms of price, application and wide availability in stores, manufacturers are highly competitive.

Sugar Reduction Technology Industry Outlook

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Sugar Reduction Technology Market. In 2019, Sugar Reduction Technology Market share is fragmented by the top ten players present in the market. Sugar Reduction Technology Market top 10 companies are Tate & Lyle.; Cargill; Incorporated; Archer Daniels Midland Company; Ingredion Incorporated; Roquette; Ajinomoto Co., Inc.; JK Sucralose Inc.; PureCircle; The NutraSweet Company; E. I. DuPont De Nemours. and others.

Acquisitions/Product Launches

  • In June2019, Pioneer Foods entered into a joint venture to launch a sweetener viz. Freesweet, developed by Durbanite, Deborah Good.It is a proprietory blend of erythritol xylitoland inulin.
  • In May 2018, Tate & Lyle PLC entered into an agreement to acquire a 15% equity holding in Sweet Green Fields, with an aim to strengthen the company leading portfolio of Stevia-based ingredients.

1. Sugar Reduction Technology Market Overview
    1.1 Definitions and Scope
2. Sugar Reduction Technology Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Sugar Reduction Technology Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Patent Analysis – Key Companies
    3.4 Pricing Analysis
4. Sugar Reduction Technology 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. Sugar Reduction Technology 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. Sugar Reduction Technology 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. Sugar Reduction Technology Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Sugar Reduction Technology Market – By Product Types (Market Size – $Million/$Billion)
    8.1 Naturally Derived Sweeteners 
        8.1.1 Stevia
        8.1.2 Yacon Syrup
        8.1.3 Monk Fruit
        8.1.4 Sweet Cicely
        8.1.5 Thaumatin
        8.1.6 Allulose
        8.1.7 Tagatose
        8.1.8 Brazzein 
    8.2 Artificial Sweeteners
        8.2.1 Acesulfame potassium
        8.2.2 Advantame
        8.2.3 Aspartame
        8.2.4 Neotame
        8.2.5 Saccharin
        8.2.6 Sucralose
    8.3 Sugar Alcohols
        8.3.1 Erythritol
        8.3.2 Mannitol
        8.3.3 Isomalt
        8.3.4 Lactitol
        8.3.5 Maltitol
        8.3.6 Xylitol
        8.3.7 Sorbitol
    8.4 Sweetness Modulators
        8.4.1 Sweet Taste
        8.4.2 SymLife Sweet
        8.4.3 ClearTaste
        8.4.4 TasteSolutions
9. Sugar Reduction Technology Market - By Recent Technology (Market Size –$Million/$Billion)
    9.1 Mineral Sugar Carrier
    9.2 Hollow Sugar Crystals
    9.3 Fiber-enriched Ingredient
    9.4 Biodegradable Nano-carriers
    9.5 Xylosyl-xylitol Oligomer
10. Sugar Reduction Technology Market - By Application(Market Size – $Million/$Billion)
    10.1 Food & Beverage
        10.1.1 Baked Goods & Confectionery
        10.1.2 Dairy & Frozen Desserts
        10.1.3 Snacks
        10.1.4 Beverages
    10.2 Health & Personal Care
    10.3 Others
11. Sugar Reduction Technology 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 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Sugar Reduction Technology Market - Entropy
13. Sugar Reduction Technology 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 Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Sugar Reduction Technology Market – Key Company List by Country Premium Premium
15. Sugar Reduction Technology 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 SUGAR REDUCTION TECHNOLOGY MARKET BY SUGAR ALTERNATIVES Market 2019-2024 ($M)
1.1 NATURALLY DERIVED SWEETENERS Market 2019-2024 ($M) - Global Industry Research
1.2 ARTIFICIAL SWEETENERS Market 2019-2024 ($M) - Global Industry Research
1.3 SUGAR ALCOHOLS Market 2019-2024 ($M) - Global Industry Research
1.4 SWEETNESS MODULATORS Market 2019-2024 ($M) - Global Industry Research
2.Global SUGAR REDUCTION TECHNOLOGY MARKET BY RECENT TECHNOLOGIES Market 2019-2024 ($M)
2.1 MINERAL SUGAR CARRIER Market 2019-2024 ($M) - Global Industry Research
2.2 HOLLOW SUGAR CRYSTALS Market 2019-2024 ($M) - Global Industry Research
2.3 FIBRE ENRICHED INGREDIENT Market 2019-2024 ($M) - Global Industry Research
2.4 BIODEGRADABLE NANOCARRIERS Market 2019-2024 ($M) - Global Industry Research
3.Global SUGAR REDUCTION TECHNOLOGY MARKET BY SUGAR ALTERNATIVES Market 2019-2024 (Volume/Units)
3.1 NATURALLY DERIVED SWEETENERS Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 ARTIFICIAL SWEETENERS Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 SUGAR ALCOHOLS Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 SWEETNESS MODULATORS Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global SUGAR REDUCTION TECHNOLOGY MARKET BY RECENT TECHNOLOGIES Market 2019-2024 (Volume/Units)
4.1 MINERAL SUGAR CARRIER Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 HOLLOW SUGAR CRYSTALS Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 FIBRE ENRICHED INGREDIENT Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 BIODEGRADABLE NANOCARRIERS Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America SUGAR REDUCTION TECHNOLOGY MARKET BY SUGAR ALTERNATIVES Market 2019-2024 ($M)
5.1 NATURALLY DERIVED SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
5.2 ARTIFICIAL SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
5.3 SUGAR ALCOHOLS Market 2019-2024 ($M) - Regional Industry Research
5.4 SWEETNESS MODULATORS Market 2019-2024 ($M) - Regional Industry Research
6.North America SUGAR REDUCTION TECHNOLOGY MARKET BY RECENT TECHNOLOGIES Market 2019-2024 ($M)
6.1 MINERAL SUGAR CARRIER Market 2019-2024 ($M) - Regional Industry Research
6.2 HOLLOW SUGAR CRYSTALS Market 2019-2024 ($M) - Regional Industry Research
6.3 FIBRE ENRICHED INGREDIENT Market 2019-2024 ($M) - Regional Industry Research
6.4 BIODEGRADABLE NANOCARRIERS Market 2019-2024 ($M) - Regional Industry Research
7.South America SUGAR REDUCTION TECHNOLOGY MARKET BY SUGAR ALTERNATIVES Market 2019-2024 ($M)
7.1 NATURALLY DERIVED SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
7.2 ARTIFICIAL SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
7.3 SUGAR ALCOHOLS Market 2019-2024 ($M) - Regional Industry Research
7.4 SWEETNESS MODULATORS Market 2019-2024 ($M) - Regional Industry Research
8.South America SUGAR REDUCTION TECHNOLOGY MARKET BY RECENT TECHNOLOGIES Market 2019-2024 ($M)
8.1 MINERAL SUGAR CARRIER Market 2019-2024 ($M) - Regional Industry Research
8.2 HOLLOW SUGAR CRYSTALS Market 2019-2024 ($M) - Regional Industry Research
8.3 FIBRE ENRICHED INGREDIENT Market 2019-2024 ($M) - Regional Industry Research
8.4 BIODEGRADABLE NANOCARRIERS Market 2019-2024 ($M) - Regional Industry Research
9.Europe SUGAR REDUCTION TECHNOLOGY MARKET BY SUGAR ALTERNATIVES Market 2019-2024 ($M)
9.1 NATURALLY DERIVED SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
9.2 ARTIFICIAL SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
9.3 SUGAR ALCOHOLS Market 2019-2024 ($M) - Regional Industry Research
9.4 SWEETNESS MODULATORS Market 2019-2024 ($M) - Regional Industry Research
10.Europe SUGAR REDUCTION TECHNOLOGY MARKET BY RECENT TECHNOLOGIES Market 2019-2024 ($M)
10.1 MINERAL SUGAR CARRIER Market 2019-2024 ($M) - Regional Industry Research
10.2 HOLLOW SUGAR CRYSTALS Market 2019-2024 ($M) - Regional Industry Research
10.3 FIBRE ENRICHED INGREDIENT Market 2019-2024 ($M) - Regional Industry Research
10.4 BIODEGRADABLE NANOCARRIERS Market 2019-2024 ($M) - Regional Industry Research
11.APAC SUGAR REDUCTION TECHNOLOGY MARKET BY SUGAR ALTERNATIVES Market 2019-2024 ($M)
11.1 NATURALLY DERIVED SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
11.2 ARTIFICIAL SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
11.3 SUGAR ALCOHOLS Market 2019-2024 ($M) - Regional Industry Research
11.4 SWEETNESS MODULATORS Market 2019-2024 ($M) - Regional Industry Research
12.APAC SUGAR REDUCTION TECHNOLOGY MARKET BY RECENT TECHNOLOGIES Market 2019-2024 ($M)
12.1 MINERAL SUGAR CARRIER Market 2019-2024 ($M) - Regional Industry Research
12.2 HOLLOW SUGAR CRYSTALS Market 2019-2024 ($M) - Regional Industry Research
12.3 FIBRE ENRICHED INGREDIENT Market 2019-2024 ($M) - Regional Industry Research
12.4 BIODEGRADABLE NANOCARRIERS Market 2019-2024 ($M) - Regional Industry Research
13.MENA SUGAR REDUCTION TECHNOLOGY MARKET BY SUGAR ALTERNATIVES Market 2019-2024 ($M)
13.1 NATURALLY DERIVED SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
13.2 ARTIFICIAL SWEETENERS Market 2019-2024 ($M) - Regional Industry Research
13.3 SUGAR ALCOHOLS Market 2019-2024 ($M) - Regional Industry Research
13.4 SWEETNESS MODULATORS Market 2019-2024 ($M) - Regional Industry Research
14.MENA SUGAR REDUCTION TECHNOLOGY MARKET BY RECENT TECHNOLOGIES Market 2019-2024 ($M)
14.1 MINERAL SUGAR CARRIER Market 2019-2024 ($M) - Regional Industry Research
14.2 HOLLOW SUGAR CRYSTALS Market 2019-2024 ($M) - Regional Industry Research
14.3 FIBRE ENRICHED INGREDIENT Market 2019-2024 ($M) - Regional Industry Research
14.4 BIODEGRADABLE NANOCARRIERS Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
2.Canada Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
3.Mexico Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
4.Brazil Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
5.Argentina Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
6.Peru Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
7.Colombia Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
8.Chile Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
9.Rest of South America Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
10.UK Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
11.Germany Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
12.France Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
13.Italy Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
14.Spain Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
15.Rest of Europe Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
16.China Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
17.India Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
18.Japan Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
19.South Korea Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
20.South Africa Sugar Reduction Technology Market Revenue, 2019-2024 ($M)
21.North America Sugar Reduction Technology By Application
22.South America Sugar Reduction Technology By Application
23.Europe Sugar Reduction Technology By Application
24.APAC Sugar Reduction Technology By Application
25.MENA Sugar Reduction Technology By Application
26.DOUXMATOK, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.SDZUCKER, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.KERRY INC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Nestl, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.AJINOMOTO FOODS EUROPE SAS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.CARGILL INCORPORATED, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.TATE AND LYLE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.INGREDION, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.KRAFT HEINZ INC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.GLANBIA PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)