BUSINESS

Intensive Sweeteners Market: Growth Factors & Analysis with Regional Outlook -2022-2032


As indicated by Future Market Experiences research, during the projected estimate time frame, the Intensive Sweeteners market is supposed to develop at a CAGR of 4.0%. The market esteem projected to increment is from USD 1,314.2 Mn in 2022 to USD 1,945.3 Mn by 2032. The Intensive Sweeteners market was esteemed at USD 1,245.7 Mn toward the finish of 2021 and is expected to show Y-o-Y development of 5.5% in 2022.

Increased demand for products such as beverages, confectionery products, dairy products as a dietary food leads to the growth of intensive sweeteners on the market. The key market drivers that influence the demand for Intensive sweeteners on the global market are due to their use as sugar substitutes and give the same level of sweetness when added to food and beverages.

Manufacturers push the demand for Intensive sweeteners on the market by selling items as sugar-free or diet-free food and beverages, including soft drinks, dairy foods, confectionery, processed food, frozen fruit, carbonated drinks, etc.

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On the other hand, the market for Intensive sweeteners is also growing due to the rising number of patients suffering from diabetes, obesity, and many other health problems caused by unhealthy sugar intake. Intensive sweeteners are one of the primary sugar substitutes that are ideal for healthier customers and patients with diabetes and obesity as they have low caloric content and help control blood sugar levels in the body.

A New Ingredient for Health-Conscious Consumers

Increasing demand for healthier food products boosts demand for low-calorie products such as intensive sweeteners. Intensive Sweetener is widely used to add the same sweet taste without increasing the caloric value of the products.

Growing demand for low-calorie goods, rising health-conscious demographics, growing health risks such as diabetes are some of the key factors driving the global market for intensive sweeteners. The increased disposable income and spending on wellness, as well as the increasing number of fitness-enthusiast youngsters, are optimistic reasons for the global demand for concentrated sweeteners.

The trend for personalized and healthy diets as well as weight management solutions has fuelled the demand for intensive sweeteners. Factors such as a strict regulation on the use of intensive sweeteners in food ingredients, an increase in the demand for clean label products are some of the factors which prevent the market from achieving its full potential.

However, with increasing awareness and the launch of the innovative product by manufacturers, the global market for intensive sweeteners are expected to show growth both in terms of value and volume over the forecast period.

Intensive Sweeteners: Key Players

Some the key players operating their business in the global Intensive sweeteners market are –

  • ADM Company
  • Foodchem INC
  • Galam
  • Nutra Food Ingredients
  • Ajinomoto Corporation Inc.
  • Ingredion Incorporated
  • Cargill
  • others.

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Opportunities for Intensive Sweeteners Market Participants:

The application of strict regulations and taxes on the use of processed food that have high-calorie content in Europe and North America is expected to drive the intensive sweetener market. In an emerging market, Mexico has also enacted a law to collect tax on processed foods that have high-calorie content, including carbonated soft drinks.

However, growing pressures for food producers to create sweeteners that satisfy customer standards of good taste and that the expense of the finished product hinders market development. The beverage segment is expected to be the most lucrative segment due to the increasing demand for sugar-free diet drinks among healthy people, diabetics, and athletes. Such drinks help to lower body weight, enhance physical health by raising sugar consumption.

The non-carcinogenic properties of intensive sweeteners also increased the consumption of intensive sweeteners and helped to reduce the symptoms of endocrine diseases such as type 2 diabetes and other cardiovascular problems.

The study is a source of reliable data on:

  • Intensive sweeteners market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The Regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg Poland and Russia)
  • South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

Intensive sweeteners: Market Segmentation

Based on nature, global Intensive sweeteners can be segmented as: –

  • Natural
  • Artificial

Based on application, global Intensive sweeteners can be segmented as: –

  • Aspartame
  • Acesulfame K
  • Neotame
  • Saccharin
  • Cyclamate
  • Stevia
  • Sucralose
  • Others

Based on application, global Intensive sweeteners can be segmented as: –

  • Beverages
  • Bakery
  • Confectionery
  • Convenience Food

Report Highlights:

  • Detailed overview of parent market
  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the Intensive sweeteners market
  • Recommendations to companies for strengthening their foothold in the intensive sweeteners market