Artificial Sweetener Market Size, Share, Growth Report 2032

Artificial Sweetener Market Size & Industry Overview

The global Artificial Sweetener market, which was estimated at about 25 (USD Billion) in 2018 and is predicted to accrue earnings worth 37 (USD Billion) by 2025, is set to record a CAGR of nearly about 3.9% over 2019-2025. The report offers valuation and analysis of Artificial Sweetener market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

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Artificial sweeteners are sweeter than table sugar and possess energy density lower than table sugar. In addition to this, these products find massive application in food & beverages including soft drinks, dressings, sauces, fruit juice, baked goods, yogurt, and ice creams. Apart from this, key artificial sweeteners include aspartame, sodium benzoate, and saccharin.  In addition to this, artificial sweeteners are extracted from naturally occurring things referred as high-density sweeteners. It is one of the key sugar alternatives as it comprises of either no-calorie or reduced calorie consumption.   

Artificial Sweetener Market Growth Drivers

Massive health awareness among the global population and humungous demand for low calorie sugar substitutes will define market growth over the forthcoming years. Escalating need for sugar-free substitutes will create lucrative growth avenues for artificial sweeteners market over the estimated timeline. Nevertheless, long-term utility of the product can cause diabetes in the consumers and this can impede the market growth over the years ahead. However, consistent desire for sweet & tasty food in consumers will open new vistas of growth for artificial sweeteners market over the forecasting period.

Moreover, massive consciousness pertaining to obesity and health-related issues will proliferate the expansion of artificial sweeteners market over the estimated timeframe. Natural profiles along with clean product labels are some of the key market drivers.

Report Scope:

Asia Pacific Market To Witness Lucrative Growth Over Forecast Timeframe

The expansion of the market in the sub-continent during the forecast timeline is attributed to surge in the health consciousness among the end-users. Apart from this, growing concerns pertaining to calorie intake and diabetes has enhanced the product penetration in the sub-continent. Improved fiscal condition and altering lifestyle have led to massive demand for convenience diet. Changing dietary patterns like low calorie food will enhance the popularity of artificial sweeteners over the forthcoming years.

Key participants profiled in the study include MORITA KAGAKU KOGYO CO., LTD., Roquette, Sunwin Stevia International, Inc., Ajinomoto Co., Inc., JK Sucralose, McNeil Nutritionals, NutraSweet Property Holdings, Inc., Hermes Sweeteners Ltd., PureCircle, and Zydus Wellness Ltd.

The global artificial sweetener market is segmented as follows:

By type:

• Acesulfame-K
• Aspartame
• Saccharin
• Monosodium Glutamate
• Sodium Benzoate

By application:

• Confectionery
• Beverages
• Bakery items
• Dairy products
• Departmental stores
• Distribution channels
• Supermarkets & hypermarkets
• Convenience stores
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa