Press release
Global Sales of Artificial Sweetener Is Likely To Touch US$ 12 Billion in Valuation by 2032
The global sales of artificial sweetener market is valued at US$ 7 billion in 2022 and is likely to touch US$ 12 billion by 2032, expanding at a CAGR of 5.5% during the forecast period (2022-2032).Download Free Sample Copy of This Report:
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The United Kingdom is expected to account for 30% of the global market by the end of 2032. Demand for aspartame-based artificial sweeteners is anticipated to develop at a CAGR of 4% during the forecast period.
Competitive Landscape
The global artificial sweetener market is fragmented with major and small regional competitors. Major market players are utilizing modern technologies to offer artificial sweeteners that are efficient, safe, and inexpensive.
Moreover, to consolidate their position in the worldwide artificial sweetener market, leading market players are concentrating on producing novel products and implementing methods such as acquisitions and mergers.
• Codexis and Tate & Lyle extended their collaboration in 2021 to improve the manufacturing of Tate & Lyle's latest sweetener - Tasteva M Stevia Sweetener.
• AnalytiCon Discovery and Roquette revealed in 2021 that their R&D investment in developing Brazzein, a protein sweetener naturally found in African berries known as Pentadiplandra, had been successful.
• Tate & Lyle PLC, a worldwide food and beverage solutions maker, acquired Sweet Green Fields, the top stevia solutions provider, in December 2020. The acquisition helped the former expand its market position as a leading provider of advanced sweetener solutions with the capacity to manufacture foods and beverages that are lower in calories and sugar and have cleaner labeling for customers worldwide.
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Key Companies Profiled:
• Roquette Freres
• Hermes Sweeteners Ltd.
• Ajinomoto Co., Inc.
• McNeil Nutritionals
• PureCircle
• NutraSweet Property Holdings, Inc.
• Zydus Wellness Ltd
• JK Sucralose
• MORITA KAGAKU KOGYO CO. LTD.
• Sunwin Stevia International, Inc.
"Rising Demand for Sugar-Free Goods And Low-Calorie Sugar Alternatives"
The demand for sugar-free goods and low-calorie sugar alternatives is on the rise due to increasing health consciousness among consumers. People are becoming more aware of the health risks associated with consuming too much sugar, such as obesity, diabetes, and heart disease.
As a result, they are looking for healthier alternatives to satisfy their sweet tooth. Companies are responding to this demand by introducing a variety of sugar-free and low-calorie products, such as sugar-free candy, sugar-free ice cream, and low-calorie sweeteners. These products provide consumers with a healthier way to enjoy sweet treats without the added calories and health risks associated with traditional sugar.
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Key Segments:
• By Product Type :
o Aspartame-based
o Acesulfame-Potassium (Ace-K)-based
o Sucralose-based
o Saccharin-based
o Cyclamate-based
o Others
• By End-use Application :
o Beverages
o Dairy Products
o Bakery & Confectionery
o Dietary Supplements
o Bread Spreads
o Pharmaceuticals
o Personal Care Applications
• By Form :
o Powder
o Tablets
o Syrups
• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
Questionnaire answered in the report include:
• How the industry has grown?
• What is the present and future outlook on the basis of region?
• What are the challenges and opportunities?
• Why the consumption in region?
• In which year segment is expected to overtake segment?
Explore Fact.MR's More Insights on the Food & Beverage Domain
https://www.prnewswire.com/news-releases/probiotic-soda-market-to-grow-two-fold-as-on-the-go-consumption-trend-gains-impetus-301590969.html
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