Global High-Intensity Sweeteners Market, By Type (Artificial and Natural), Application (Beverages, Bakery and Confectionary, Dietary Products, Pharmaceuticals, Table Top Sweeteners and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of High-Intensity Sweeteners Market
Data Bridge Market Research analyses that the global high-intensity sweeteners market will project a CAGR of 2.80% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, increased demand for the product due to a growing need for sugar substitutes and increasing personal disposable income are the major factors attributable to the growth of high-intensity sweeteners market.
From the name itself, it is clear that high-intensity sweeteners are high in sugar content. However, these are used as a substitute to sugar to provide similar sweetening capabilities. These are the food additives that are low in calories as compared to sugar and are used to enhance the flavor of a wide range of food and beverage items. The calorie content of high-intensity sweeteners ranges from zero to 4 kcal/gm ingredients. However, only small amounts of high-intensity sweeteners must be used as these are extremely high in sweetening capacities. In other words, high-intensity sweeteners are used in a much lower quantity as compared to sugar to achieve the similar level of sweet taste. The high-intensity sweeteners are a structurally diverse set of compounds as compared to sugar.
Rising personal disposable income, shifting tastes and preferences for a healthy lifestyle and increasing awareness about the health high-intensity sweeteners in the emerging economies are the major factors fostering the growth of high-intensity sweeteners market. Rise in the application of high-intensity sweeteners by food and beverage industry bakery, confectionary and desserts applications is another important factor acting as high-intensity sweeteners market growth determinant. Rising diabetic population globally will further create lucrative growth opportunities for the high-intensity sweeteners market. Increasing demand for zero to no calorie products will induce growth in the high-intensity sweeteners market value.
However, challenges related to distribution channels, intense competition, pricing issues and shifting consumer preferences will adversely impact the high-intensity sweeteners market growth rate. Rising regarding the negative effects of consumption of the products induced with high- intensity sweeteners will further derail the high-intensity sweeteners market growth rate. Increased complications in the production process for the manufacturers will also hamper the high-intensity sweeteners market growth rate.
This high-intensity sweeteners market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on high-intensity sweeteners market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
High-Intensity Sweeteners Market Scope and Market Size
The high-intensity sweeteners market is segmented on the basis of type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the high-intensity sweeteners market is segmented into artificial and natural. Artificial segment is sub-segmented into acesulfame potassium (acesulfame K), aspartame, cyclamates, neotame, advantame, saccharin and sucralose. Natural segment is sub-segmented into Steviol glycosides, mongroside V (luo han guo/monk fruit extract) and glycyrrhizin (licorice root extract).
- On the basis of application, the high-intensity sweeteners market is segmented into beverages, bakery and confectionary, dietary products, pharmaceuticals, table top sweeteners and others. Others segment is sub-segmented into desserts and nutritional products.
Global High-Intensity Sweeteners Market Country Level Analysis
Global high-intensity sweeteners market is analyses and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the high-intensity sweeteners market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America spearheads the high-intensity sweeteners market and will continue to flourish its trend of dominance during the forecast period. The U.S. has emerged to become the major contributor from this region owing to the increased consumption of high-intensity sweeteners in milk, drinks, tea, soft drinks and others. Asia-Pacific is also set to project the highest growth rate during the forecast period. This means that the region will score the highest compound annual growth rate for the forecast period. This is because of the growing diabetic population base, adoption of a healthy lifestyle and personal disposable income.
The country section of the high-intensity sweeteners market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High-Intensity Sweeteners Market Share Analysis
The high-intensity sweeteners market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to high-intensity sweeteners market.
The major players covered in the high-intensity sweeteners market report are Cargill, Incorporated, ADM, Ajinomoto Co., Inc., Givaudan, Firmenich SA, International Flavors & Fragrances Inc., Symrise, Takasago International Corporation, MANE, T.Hasegawa USA Inc., Tate & Lyle, Kerry, Celanese Corporation, HYET Sweet, Batory Foods, Jinhe Industrial, Beijing Weiduo Chemical Co., Ltd., GLG LIFE TECH CORP., Monk Fruit Corp., JK Sucralose Inc. and Ingredion Incorporated among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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