Synthetic Sweeteners Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Cargill Inc., Archer-Daniels-Midland Company, Ingredion Inc., Roquette, Ajinomoto Co. Inc., JK Sucralose Inc., DuPont de Nemours Inc., Celanese Corporation,

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Synthetic Sweeteners Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The synthetic sweeteners market size has grown strongly in recent years. It will grow from $55.36 billion in 2023 to $60.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to rising health concerns, diabetic and low-calorie products, food and beverage industry, obesity epidemic.

The synthetic sweeteners market size is expected to see strong growth in the next few years. It will grow to $83.07 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to continued health concerns, diabetes and obesity prevention, clean label and natural sweeteners, food and beverage industry innovation. Major trends in the forecast period include stevia and plant-based sweeteners, advanced sugar reduction technologies, customized sweetener blends, reduced-calorie functional foods.

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Market Segmentation:
The main product types of synthetic sweeteners are aspartame, acesulfame k, saccharin, sucralose, neotame, and other types. Aspartame is a white, crystalline, odorless, slightly water-soluble noncarbohydrate powder, C14H18N2O5, synthesized from amino acids, that is 150-200 times as sweet as sugar and is used as a low-calorie sugar substitute in soft drinks, table sweeteners, and other food products. The applications involved are bakery, dairy, confectionery, beverages, soups, sauces, dressings, and other applications. The distribution channels are supermarkets and hypermarkets, departmental stores, convenience stores, and other distribution channels.

Major Driver - Health Awareness Fuels Growth With The Synthetic Sweetener Market Perspective
Rising health awareness among global consumers has contributed to the growth of the synthetic sweetener market. The increased incidence of individuals suffering from heart diseases, diabetes, and obesity will eventually force people to lead healthier lifestyles. According to the World Health Organization (WHO), 17.9 million people in the world die every year due to cardiovascular diseases. Also, the level of obesity is rising among individuals due to urbanization and busy lifestyles. According to a study by the Harvard T.H. Chan School of Public Health, around 40% of adults in the USA have obesity and another 18% have severe obesity. The American Heart Association (AHA) and the American Diabetes Association (ADA) have given acceptance to the use of artificial sweeteners instead of sugar to fight obesity, metabolic syndrome, and diabetes, factors causing heart diseases. The rising health awareness among global consumers increased the demand for synthetic sweeteners, thus driving the market for synthetic sweeteners during the period.

Competitive Landscape:
Major companies operating in the synthetic sweeteners market include Cargill Inc., Archer-Daniels-Midland Company, Ingredion Inc., Roquette, Ajinomoto Co. Inc., JK Sucralose Inc., DuPont de Nemours Inc., Celanese Corporation, McNeil Nutritionals LLC, NutraSweet Property Holdings Inc., Hermes Sweeteners Ltd., MORITA Kagaku Kogyo Co. Ltd., PureCircle, Zydus Wellness Ltd., Whole Earth Brands Inc., ACH Food Companies Inc., Madhava Foods Ltd., Beijing Vitasweet Co. Ltd, Tate & Lyle PLC, Wilmar International Limited, Nutrinova, NutraEx Food Inc., Wisdom Natural Brands LLC, Anhui Jinhe Industrial Co. Ltd., Changzhou Niutang Chemical Plant Co., Ltd., Daesang Corporation, Foodchem International Corporation, GLG Life Tech Corporation, Holland Sweetener Company, HYET Sweet SAS, PureCircle Limited

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Top Trend - Sucralose-Based Sweeteners Transforming The Food Industry
Sucralose-based sweeteners are increasingly being used as applications in the food industry. Sucralose is sweeter than sugar and is a low-calorie ingredient that does not cause dental cavities. Growing concerns about cardiovascular disorders due to increased consumption of sugar-based foods are encouraging the use of artificial sweeteners such as sucralose. Additionally, declining production and rising sugar prices worldwide are also encouraging the use of sucralose-based sweeteners. These sweeteners are the major substitutes for sugar in carbonated beverages, juices, dairy products, sugar-free chewing gums, confectionery, and bakery goods. For instance, in the U.S., PepsiCo is using sucralose-based sweeteners by replacing aspartame in diet Pepsi.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Synthetic Sweeteners Market Characteristics
3. Synthetic Sweeteners Market Trends And Strategies
4. Synthetic Sweeteners Market - Macro Economic Scenario
5. Synthetic Sweeteners Market Size And Growth
…..
27. Synthetic Sweeteners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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