Artificial Sweeteners Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

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Report Code: ZMR-2971 | Report Format : | Status : Upcoming |

Abstract

Artificial Sweeteners Market: Overview

Artificial sweeteners are sugar substitutes, which are produced synthetically and have a sweet taste. All the artificial sweeteners are not created equally. Food & Drug Administrative and European Food Safety Authority (EFSA) has approved only five artificial sweeteners and they are saccharin, acesulfame, aspartame, neotame, and sucralose. Sugar-free food is very much popular because of their less calorie content and properties. Thus, the food industry uses various artificial sweeteners which are low in calorie content instead of high-calorie sugar. As of now, they are used as alternatives for sugars as it maintains low blood sugar levels and they are widely used in processed foods such as powdered drink mixes, jam & jellies, and other similar products.

Artificial Sweeteners Market: Growth Factors

The global artificial sweetener market is growing due to the increasing awareness and health consciousness among people, which leads to the demand for low-calorie sugar alternatives and sugar-free products. Also, health concerns, harmful effects of table sugar, and growing prevalence of lifestyle diseases, like heart diseases and diabetes have driven people to opt for healthy alternatives as artificial sweeteners. Among the five sweeteners, aspartame and sucralose are the common additives used to sweeten a range of products in food and beverages industry. Aspartame is the high-intensity sweetener over the past few years and is expected to grow over the forecast period. These products contain zero calories which help in controlling the weight with growing diet beverages demand is projected to drive the market. However, the long-term use of artificial sweetener can cause cancer, diabetes, and variety of health problems.

Furthermore, this market has various factors to pose significant challenges for the growth of the global artificial sweeteners market. As it has significant demand for the production of healthy beverages such as natural fruit juices. Due to its growing abilities and investments of many established and emerging players in the market.

Artificial Sweeteners Market: Segmentation

The global artificial sweetener market is fragmented on the basis of its type, application, and distribution channel. On the basis of its type, it is divided into aspartame, acesulfame-k, saccharin, and sodium benzoate, among others. In terms of its application, it is then classified into bakery products, dairy products, and beverages. On the basis of the distribution channel, it is followed by supermarkets, departmental stores, convenience stores, among others.

Artificial Sweeteners Market: Regional Analysis

The Asia Pacific is expected to have high growth rate due to population expansion coupled with an increase in per capita disposable income, particularly in countries such as China and India are expected to drive demand in Asia Pacific region. Europe is expected to have a steady growth in food and beverages industry. Growth for artificial sweeteners has been analyzed across North America, Europe, and Latin America & Middle East & Africa.

Artificial Sweetener Market: Competitive Players

Some of the important key players in global artificial sweetener market are Roquette, Ajinomoto Co., Inc., JK Sucralose, McNeil Nutritionals, NutraSweet Property Holdings, Inc., Hermes Sweeteners Ltd., MORITA KAGAKU KOGYO CO., LTD., PureCircle, Sunwin Stevia International, Inc., and Zydus Wellness Ltd, among others.

Artificial Sweetener Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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