5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
Global Food Sweetener Market is segmented by Type as Sucrose, Starch Sweeteners and Sugar Alcohols, High-Intensity Sweeteners (HIS); by Application as Dairy, Bakery, Beverages, Confectionery, Soups, Sauces and Dressings, Others; by Geography
Fastest Growing Market:
Middle East and Africa
The global food sweetener market is projected to grow at a CAGR of 1.71% during the forecast period (2019 - 2024).
The food sweetener market is segmented by type as sucrose, starch sweeteners and sugar alcohols, high-intensity sweeteners (HIS). Starch sweeteners and sugar alcohols include dextrose, HFCS, maltodextrin, sorbitol, xylitol, others. The other starch sweeteners and sugar alcohols include glucose syrup, glucose-fructose syrup, fructose-glucose syrup, isoglucose, fructose, mannitol, maltitol, erythritol, lactitol, isomalt. High-Intensity sweeteners include sucralose, aspartame, saccharin, cyclamate, ace-k, neotame, stevia and others. The other HIS includes glycyrrhizin, mogroside V, Luo Han Guo, thaumatin, monatin. By application as dairy, bakery, beverages, confectionery, soups, sauces and dressings and others.
|By Product Type|
|Sucrose (Common Sugar)|
|Soups, Sauces and Dressings|
Report scope can be customized per your requirements. Click here.
Shift in the preference for convenience (driven largely by urbanization), growing working-women population, and rising household incomes, among others are driving the demand for sweeteners in the emerging economies. Overall, the huge demand for food in the 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 the emerging economies. Consequently, these countries bear a high burden of lifestyle diseases.
To understand key trends, Download Sample Report
The demand for natural sweeteners is primarily due to the health food trend. The rising awareness regarding the harmful effects of excessive sugar consumption is augmenting the market’s growth. Companies, such as Coca Cola, PepsiCo, and Cargill, introduced products that contain natural sweeteners, which are expected to have positive effects on health. With the increase in sugar production in Brazil and smaller producing countries, such as the Russia Federation, South Africa, and Australia, these are offset by decreases in production in Europe and some key Asian countries. It is expected that sugarcane may account as the source for about 85% of the sugar output over the next decade, although some increase in sugar beet production is expected in Egypt, the Russian Federation, Ukraine, and the European Union. India and Indonesia are expected to scale up consumption while maintaining exports. However, in response to the new sugar excise tax on beverages, the industrial demand for sugar is likely to fall across Indonesia.
To understand geography trends, Download Sample Report.
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 enjoying a strong foothold in these markets. Acquisitions and new product launches are the most preferred growth strategies. Leading companies are focusing on expansion and partnerships.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Sucrose (Common Sugar)
5.1.2 Starch Sweeteners and Sugar Alcohols
188.8.131.52 High Fructose Corn Syrup (HFCS)
5.1.3 High Intensity Sweeteners (HIS)
5.2 By Application
5.2.3 Soups, Sauces and Dressings
5.3.1 North America
184.108.40.206 United States
220.127.116.11 Rest of North America
18.104.22.168 United Kingdom
22.214.171.124 Rest of Europe
5.3.3 Asia Pacific
126.96.36.199 Rest of Asia Pacific
5.3.4 South America
188.8.131.52 Rest of South America
5.3.5 Middle East and Africa
184.108.40.206 South Africa
220.127.116.11 Saudi Arabia
18.104.22.168 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Most Active Companies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Tate & Lyle PLC
6.4.2 Cargill Incorporated
6.4.3 Archer Daniels Midland Company
6.4.5 Ingredion Incorporated
6.4.6 Ajinomoto Co., Inc.
6.4.7 PureCircle Limited
6.4.8 NutraSweet Company
6.4.9 GLG Life Tech Corporation
6.4.10 Tereos S.A.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS