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Food Sweetener Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Food Sweetener Market is segmented by type (Sucrose, Starch Sweeteners, and Sugar Alcohols and High-Intensity Sweeteners (HIS)), application (Bakery and Confectionery, Dairy and Desserts, Meat and Meat Products, Soups, Sauces, and Dressings, and Other Applications), and by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The report offers market size and forecast for the food sweetener market in value (USD million) for all the above segments.

Market Snapshot

Food Sweetener Market
Study Period: 2016 -2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: 2.49 %

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Market Overview

The global food sweetener market was valued at USD 85.92 billion in 2020 and is projected to witness a CAGR of 2.49% during the forecast period (2021-2026).

As the COVID-19 outbreak continued to spread globally, the demand for sugarless and low-calorie foods witnessed a slump, which has slightly disrupted the application segment of food sweeteners across the market. However, a few sugar substitutes are expecting a growing demand in the near future, driven by the rising sales, especially of artificial sweeteners and natural sweeteners. ​By using different blends of low-calorie sweeteners, subtle taste options can be achieved. Manufacturers choose the low-calorie sweetener, either on its own or as a blend, based on taste considerations, stability, and cost during times of pandemic.

Increasing concern regarding the prevalence of obesity is encouraging consumers to opt for natural and zero-calorie sweeteners, such as stevia. According to the Global Stevia Institute’s internal survey, approximately 60% of Americans prefer low-calorie sugar alcohols in their foods.

Furthermore, the consumption of sugar substitutes, such as xylitol, erythritol, and mannitol, is rapidly increasing across the world. This is attributed to consumer awareness, government regulations to reduce sugar consumption, and their application in many health and wellness food products in the market.

Inclination toward low-calorie beverages, such as diet coke and low-calorie drinks, and low-calorie foods, such as yogurt, ice cream, and grain-based desserts, has gained popularity worldwide. The physiology of sweetness receptors is also being studied in greater details, with an endeavor to make food and beverages sweet without using sugar. This has greatly helped the global food sweetener market.

Scope of the Report

Sweeteners are the various natural and artificial substances that impart a sweet taste to foods and beverages. In addition to their sweetening property, they may be used for processes, such as food preservation, fermentation (in brewing and winemaking), baking (where they contribute to texture, tenderization, and leavening), and food browning and caramelization. Natural sweeteners maybe both nutritive and favorable, thus being popular both as food and flavoring.

The food sweetener market is segmented by type into sucrose, starch sweeteners, and sugar alcohols and high-intensity sweeteners (HIS). Starch sweeteners and sugar alcohols include dextrose, HFCS, maltodextrin, sorbitol, and others. The high-intensity sweeteners segment includes sucralose, aspartame, saccharin, neotame, stevia, and others. By application, the market is segmented into, bakery and confectionery, dairy and desserts, meat and meat products, soups, sauces, and dressings, and other applications. By geography, the market takes into consideration the major regions across the world including, North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each segment, market sizing and forecasts have been done on the basis of value (USD million).

By Product Type
Sucrose (Common Sugar)
Starch Sweeteners and Sugar Alcohols
Dextrose
High Fructose Corn Syrup (HFCS)
Maltodextrin
Sorbitol
Other Starch Sweeteners and Sugar Alcohols
High Intensity Sweeteners (HIS)
Sucralose
Aspartame
Saccharin
Neotame
Stevia
Other High Intensity Sweeteners
By Application
Bakery and Confectionery
Dairy and Desserts
Beverages
Meat and Meat Products
Soups, Sauces, and Dressings
Other Applications
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Spain
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
United Arab Emirates
Rest of Middle East and Africa

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Key Market Trends

Increasing Demand from the Emerging Economies due to Rapid Urbanization and Rising Affluence

The shift in the preference for convenience (driven largely by urbanization), growing working-women population, and rising household incomes, among others, are the factors driving the demand for sweeteners in the emerging economies. Overall, the huge demand for food in developing countries has led the entire value chain to open markets for food sweeteners, thereby driving the demand for food sweeteners.

The majority of countries with high consumption of sugar fall in the category of emerging economies, and consequently, these nations have a higher burden of lifestyle diseases, as pointed out by the World Health Organization (WHO).​ The consumption of high-intensity sweeteners in the United States, Canada, Western Europe, and Japan is expected to grow at lower rates, as the diet beverages market, the largest application sector, has matured. However, the demand in developing economies is expected to increase during the forecast period.

Food Sweetener Market1

Asia Pacific to Drive the Global Market

China is one of the world's largest producers of sweeteners, dominating the global market for many high-intensity sweeteners, such as saccharin, cyclamate, acesulfame-K (Ace-K), stevia, aspartame, sucralose, glycyrrhizin, alitame, and neotame. Also, the consumption of sweeteners is rising rapidly in China due to the increasing demand for sugar-enriched food and beverage products. Moreover, with the growing economic importance of stevia in the country, players are focusing more on this market. Stevia producer PureCircle is seeking to ramp up production for the Chinese market after receiving a patent for its stevia Reb M sweetener in the country. Further to this, the increasing demand for natural and healthful alternatives in the region has grabbed the attention of many food and beverage giants in Asia. For example, Coca-Cola and Pepsi’s market shares have drastically declined due to the use of aspartame. Bearing this in mind, they have expanded their product ranges with natural plant-based stevia.

Therefore, increased demand for natural, non-caloric sweeteners, and high demand for sweeteners in various applications, such as processed food and beverages from emerging economies in Asia, are the major factors driving the market growth.

food-sweetener-market

Competitive Landscape

The food sweetener market is currently dominated by Cargill, Tate & Lyle PLC, Stevia First Corp, Ingredion, Pure Circle, Sudzucker, and AB Sugar, among others. Strong brand loyalty for brands, like Cargill, Stevia First Corp, and Tate & Lyle, in the emerging countries is the primary reason for these players to enjoy a strong foothold in these markets. Acquisitions and new product launches are the most preferred growth strategies. Leading companies are focusing on expansions and partnerships. The market leaders are focused on launching innovative, low-calorie, and natural ingredient-based products. Huge investments have been made in R&D to develop products for specific needs.

Recent Developments

  • In 2020, Cargill launched C✩TruSweet® 01795, which is a 95% pure fructose syrup that is characterized by a naturally higher relative sweetness than sucrose. C✩TruSweet® 01795 enables a 30% sugar and calorie reduction in beverages and other food applications via lower usage levels.
  • In 2019, Layn launched Super V Fruit, a new proprietary variety of monk fruit that can naturally produce 20% more mogrosides. The new Super V Fruit represents a major step in improving and securing the end-to-end monk fruit supply chain, naturally and without the use of GMO.
  • In 2018, the Archer Daniels Midland Company reached an agreement to purchase Meiweiyuan Biotechnology Co., a privately-held sweetener manufacturer near the city of Wuhan. This is expected to help the company further expand its footprint in regions with growing demand for products and allow the company to serve major customers in the northern part of the country, as well as Asian export markets.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables and Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Sucrose (Common Sugar)

      2. 5.1.2 Starch Sweeteners and Sugar Alcohols

        1. 5.1.2.1 Dextrose

        2. 5.1.2.2 High Fructose Corn Syrup (HFCS)

        3. 5.1.2.3 Maltodextrin

        4. 5.1.2.4 Sorbitol

        5. 5.1.2.5 Other Starch Sweeteners and Sugar Alcohols

      3. 5.1.3 High Intensity Sweeteners (HIS)

        1. 5.1.3.1 Sucralose

        2. 5.1.3.2 Aspartame

        3. 5.1.3.3 Saccharin

        4. 5.1.3.4 Neotame

        5. 5.1.3.5 Stevia

        6. 5.1.3.6 Other High Intensity Sweeteners

    2. 5.2 By Application

      1. 5.2.1 Bakery and Confectionery

      2. 5.2.2 Dairy and Desserts

      3. 5.2.3 Beverages

      4. 5.2.4 Meat and Meat Products

      5. 5.2.5 Soups, Sauces, and Dressings

      6. 5.2.6 Other Applications

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Spain

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 United Arab Emirates

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Most Active Companies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Tate & Lyle PLC

      2. 6.4.2 Cargill Incorporated

      3. 6.4.3 Archer Daniels Midland Company

      4. 6.4.4 DuPont de Nemours, Inc

      5. 6.4.5 Ingredion Incorporated

      6. 6.4.6 Ajinomoto Co., Inc.

      7. 6.4.7 PureCircle Limited

      8. 6.4.8 NutraSweet Company

      9. 6.4.9 GLG Life Tech Corporation

      10. 6.4.10 Tereos S.A.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19 ON THE MARKET

**Subject to Availability

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Frequently Asked Questions

The Food Sweetener Market market is studied from 2016 - 2026.

The Food Sweetener Market is growing at a CAGR of 2.49% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Ingredion Incorporated, DuPont de Nemours, Inc, Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle are the major companies operating in Food Sweetener Market.

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