Press release
Sugar Substitutes Market Trends | Growth, Demand & Top Brands 2025 | Top key players - Ingredion Incorporated, Cargill Incorporated, Roquette Freres.
The Global Sugar Substitutes Market reached USD 7.3 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 12.3 billion by 2030 and is expected to exhibit a CAGR of 6.8% during the forecast period 2024-2031.Sugar Substitutes Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.
The Sugar Substitutes Market refers to the industry focused on alternative sweeteners that replace traditional sugar in food and beverages. These substitutes, including natural and artificial options like stevia, aspartame, and erythritol, cater to health-conscious consumers and those with dietary restrictions. The market is driven by rising concerns over obesity, diabetes, and the demand for low-calorie products.
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Market opportunities and Growth Drivers:
➠ Rising Health Consciousness Among Consumers Drives Growth of the Sugar Substitutes Market
➠ Surge in Product Launches of Sugar Sweeteners Boosts Market Expansion
➠ Adverse Health Effects from Excessive Intake of Sugar Substitutes Restrain Market Growth
Sugar Substitutes Market Recent Development:
In February 2021, International Flavors & Fragrances (IFF) completed a $26.2 billion merger with DuPont's Nutrition & Biosciences unit. This transformative deal created a global leader in taste, texture, nutrition, enzymes, cultures, soy proteins, and probiotics, backed by advanced R&D capabilities. The combined company now holds a commanding position across the health, wellness, and food ingredients industries.
In December 2020, Tate & Lyle plc acquired Sweet Green Fields (SGF), a major global provider of stevia-based sweetener solutions. This acquisition granted Tate & Lyle access to a vertically integrated stevia supply chain, enhancing its ability to innovate in natural, low-calorie sweeteners through leaf varietal development, efficient sourcing, and cost-effective manufacturing.
List of the Key Players in the Sugar Substitutes Market:
Ingredion Incorporated, Cargill Incorporated, Roquette Freres, Pure Circle Ltd, MacAndrews & Forbes Holdings Inc., Ajinomoto Co. Inc., JK Sucralose Inc., Foodchem International Corporation, Beijing Stevia Co., Ltd., and Qingdao Haisan New Energy Co., Ltd.
Research Process:
Both primary and secondary data sources have been used in the global Sugar Substitutes Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Sugar Substitutes Market:
By Type: High Fructose Syrup, High-Intensity Sweetener, Low-Intensity Sweetener.
By Application: Food Products, Health & Personal Care Products, Beverages.
Regional Analysis for Sugar Substitutes Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
People Also Ask:
Most Frequently Asked Questions in the Sugar Substitutes Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Sugar Substitutes market?
➠ Who are the top manufacturers in the global Sugar Substitutes industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Sugar Substitutes market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Sugar Substitutes market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Sugar Substitutes industry landscape?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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