Market Size of Japan Food Sweetener Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.55 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Food Sweetener Market Analysis
Japan's food sweetener market is expected to register a CAGR of 3.55% over the forecast period.
- As people become more health-conscious, there has been a growing demand for alternatives to sugar. Many people are looking for low-calorie sweeteners that can provide the same sweet taste without the negative health effects of sugar, such as weight gain and increased risk of diabetes. The 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 in Japan. With the increasing preferences for natural ingredients, stevia is rapidly growing in the market.
- A high level of sweetener consumption, coupled with the emerging economic status of the country, makes it an attractive market destination. The changing consumer preference drives the demand for healthier, safer food products with high nutritional value. The increased demand for sugar alternatives has led to a higher demand for sweeteners like high fructose corn syrup and tapioca syrup among food and drink manufacturers. Tapioca syrup, in particular, has gained popularity in recent years due to its nutrition-rich properties and gluten-free status.
