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

The South America Food Sweetener Market is segmented By Type (Bulk Sweeteners (Sucrose, Fructose, High-Fructose Corn Syrup, Glucose, and Other Bulk Sweeteners) and Sugar Substitutes (Sucralose, Xylitol, Stevia, Aspartame, Saccharin, Thaumatin, and Other Sugar Substitutes)), By Application (Bakery, Confectionery, Beverages, Dairy and Frozen Products, Sauces, Soups, and Dressings and Others) and By Geography

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Market Snapshot

south america food sweetener market summary
Study Period:

2016 - 2026

Base Year:

2020

CAGR:

1.66 %

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Market Overview

The South America Food Sweetener Market is projected to grow at a CAGR of 1.66% during the forecast period.

  • The steadily increasing economic growth and rise of the middle-class population and income have pushed the region into economic success and thus leading to the rise in consumption of both traditional and convenience foods.
  • The quest to reduce calories has made manufacturers look for sucrose replacement with a variety of substitutes. Presently, a majority of their product offerings are sweetened with bulk sweeteners or sugar substitutes.
  • Sweeteners are now becoming an important part of several products such as ketchup, bread, salad dressing, yogurt, breakfast cereals.

Scope of the report

The South America Food Sweetener Market is segmented by type that includes bulk sweeteners and sugar substitutes. Bulk sweeteners section is further divided into sucrose, fructose, high-fructose corn syrup, glucose, and other bulk sweeteners. Sugar substitutes can be further segmented into sucralose, xylitol, stevia, aspartame, saccharin, thaumatin, and other sugar substitutes. Based on the application, the market is divided into bakery, confectionery, beverages, dairy and frozen products, sauces, soups, and dressings and others. The study also involves the analysis of regions such as Brazil, Argentina and the rest of South America.

By Product Type
Bulk Sweeteners
Sucrose
Fructose
High-Fructose Corn Syrup
Glucose
Other Bulk Sweeteners
Sugar Substitutes
Sucralose
Xylitol
Stevia
Aspartame
Saccharin
Thaumatin
Other Sugar Substitutes
By Application
Bakery
Confectionery
Dairy and Frozen Products
Beverages
Sauces, Soups and Dressings
Others
Geography
Brazil
Argentina
Rest of South America

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Key Market Trends

Increased Utilization of Sweeteners in Bakery

Sugar is one of the essential ingredients in baked goods that assist in the Maillard reaction, thus giving the desirable golden brown appearance. Moreover, it also acts as hygroscopic material and thus providing desirable texture as well as mouthfeel. Cakes and biscuits for low energy supply, also aimed at diabetic subjects, can be sweetened with low levels of aspartame in combination with fructose, sorbitol, and xylitol. Sweeteners help to maintain the texture and volume of the final product. It also increases the effectiveness of yeast by providing an immediate source of nourishment for its growth. Hence, it helps the product to remain fresh and thus providing the consumers with a good quality product.

South America Food Sweetener Market1

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Brazil Dominates the Market

Brazil s the world’s largest producer and exporter of sugar. A high level of sweetener consumption, coupled with the emerging economic status of the country, makes it an attractive market destination. The success of the sweetener products can be understood from the recent success of the Brazilian sugar mills. Brazil’s stevia growth is due to increased awareness and usage of dietary foods. Another major driver is the growing population of overweight, obese, and diabetic patients, which in turn causing growth in this category. The manufacturers involved in sweet biscuits, beverages, snack bars, and fruit snacks continued to use sweeteners extensively.

South America Food Sweetener Market2

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Competitive Landscape

The South America Food Sweetener Market is fragmented and the market is currently dominated by Cargill, Tate and Lyle, Ingredion Incorporated, DSM. Acquisitions, new product launches, partnerships, and expansion are the most preferred growth strategies adopted by the leading companies.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  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 Bulk Sweeteners

        1. 5.1.1.1 Sucrose

        2. 5.1.1.2 Fructose

        3. 5.1.1.3 High-Fructose Corn Syrup

        4. 5.1.1.4 Glucose

        5. 5.1.1.5 Other Bulk Sweeteners

      2. 5.1.2 Sugar Substitutes

        1. 5.1.2.1 Sucralose

        2. 5.1.2.2 Xylitol

        3. 5.1.2.3 Stevia

        4. 5.1.2.4 Aspartame

        5. 5.1.2.5 Saccharin

        6. 5.1.2.6 Thaumatin

        7. 5.1.2.7 Other Sugar Substitutes

    2. 5.2 By Application

      1. 5.2.1 Bakery

      2. 5.2.2 Confectionery

      3. 5.2.3 Dairy and Frozen Products

      4. 5.2.4 Beverages

      5. 5.2.5 Sauces, Soups and Dressings

      6. 5.2.6 Others

    3. 5.3 Geography

      1. 5.3.1 Brazil

      2. 5.3.2 Argentina

      3. 5.3.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Cargill Incorporated

      2. 6.4.2 Tate & Lyle PLC

      3. 6.4.3 Ingredion Incorporated

      4. 6.4.4 PureCircle Limited

      5. 6.4.5 Tereos S.A.

      6. 6.4.6 Koninklijke DSM N.V.

      7. 6.4.7 GLG Life Tech Corporation

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

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

The South America Food Sweetener Market is growing at a CAGR of 1.66% over the next 5 years.

  • Cargill Incorporated
  • Tate & Lyle PLC
  • Ingredion Incorporated
  • Koninklijke DSM N.V.
  • PureCircle Limited

Are the major companies operating in South America Food Sweetener Market.

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