Food Sweetener Market Report 2023-2028 | Industry Size, Share, Trends, Growth Analysis, Forecast

How Big is the Global Food Sweetener Market?

The global food sweetener market size reached US$ 89.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 104.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.3% during 2023-2028.

what is Food Sweetener?

Food sweetener is used to impart a sweet taste to various food products and beverages. It includes natural sweeteners like sucrose or table sugar, fructose and honey. It also consists of artificial sweeteners, such as aspartame, saccharin, and sucralose. It is primarily employed to enhance the flavor of a product and often serve as a sugar substitute. It can be utilized to reduce sugar content in different food products and beverages consumed by children, which can be important for promoting healthier eating habits from a young age and reducing the risk of obesity.

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Global Food Sweetener Market Trends and Drivers:

The growing awareness about the consequences of excessive sugar consumption on the overall health, which include obesity and diabetes, represents one of the factors driving the demand for low-calorie sweeteners. Additionally, the increasing need for natural sweeteners like stevia and monk fruit due to their associated health benefits and natural origin is supporting the market growth. Besides this, the rising employment of sugar alcohols like erythritol to extend the shelf life of certain products by reducing water activity and inhibiting the growth of microorganisms, is contributing to the market growth. Moreover, the growing reliance on e-commerce and online grocery shopping platforms is making it easier for people to access a wide range of sweeteners. In addition, the increasing integration of sweeteners in medications and supplements to mask the bitter or unpleasant taste of active ingredients is improving patient compliance and positively influencing the market. Furthermore, the rising utilization of sweeteners in single-serving and portable food and beverage products, such as energy gels, protein bars, and drink mixes, is strengthening the market growth. Apart from this, the increasing awareness about the beneficial aspects of consuming low-calorie sweeteners like stevia among health consciousness individuals and fitness enthusiasts is bolstering the market growth.

Global Food Sweetener Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

Ajinomoto Co. Inc.
Archer-Daniels-Midland Company
Cargill Incorporate
Celanese Corporation
DuPont de Nemours Inc.
Foodchem International Corporation
GLG Life Tech Corporation
Ingredion Incorporated
NutraSweet Company (Manus Bio)
S&W Seed Company
Tate & Lyle PLC
Tereos

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The report segmented the market on the basis of region, product type, application and distribution channel.

Breakup by Product Type:

Sucrose
Starch Sweeteners and Sugar Alcohols
Dextrose
High Fructose Corn Syrup (HFCS)
Maltodextrin
Sorbitol
Xylitol
Others
High Intensity Sweeteners (HIS)
Sucralose
Stevia
Aspartame
Saccharin
Neotame
Acesulfame Potassium (Ace-K)
Others

Breakup by Application:

Bakery and Confectionery
Dairy and Desserts
Beverages
Meat and Meat Products
Soups, Sauces and Dressings
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Departmental Stores
Convenience Stores
Online Stores
Others

Breakup By Regions:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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