Market Size of North America Food Sweetener Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 1.22 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Food Sweetener Market Analysis
North American food sweetener market is projected to grow at a CAGR of 1.22% during the forecast period.
- The demand for natural sweeteners in North America 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.
- However, an increase in the awareness about the negative effects of sugar on consumer’s health is likely to hinder the market growth, providing more opportunities for low-calorie sweeteners, especially in beverage, and bakery and dairy products.
- The beverages category is most dominant, followed by bakery, confectionary, and dairy products. Based on type, Stevia and Xylitol are expected to witness high growth rates.
