Product Code: PM2465
The global sweeteners market size is expected to reach USD 141.80 billion by 2032 according to a new study by Polaris Market Research. The report "Sweeteners Market Share, Size, Trends, Industry Analysis Report, By Type (Natural {Stevia, Sorbitol, Xylitol, Erythritol}, Artificial {Sucralose, Neotame, Others}); By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Organic and natural sweeteners are gaining high significance and increased demand due to the rising health concerns due to the increased usage of sugar and challenges associated with the safety of some non-nutritive artificial sugar substitutes. They are used across various industries such as food processing, pharmaceuticals, personal care, and others, which in turn creates demand for various natural sugar substitutes.
Globally, the increasing R&D activities allied with various applications in which sugar substitutes can be used, a combination of sweeteners with probiotic & prebiotic products, and fluctuating prices & supply of sugar will create potential growth opportunities for the key industry players offering sweeteners.
Moreover, increasing health issues such as diabetes, obesity, and other chronic diseases among the population globally, along with emerging consciousness for substituting sugars with natural sugar substitutes, is further expected to drive the demand for the industry. The industry is primarily induced by changing consumer trends, shift toward healthier food alternatives, increase in demand for natural and organic food products, and customer's attraction toward plant-based products.
The manufacturers are intended to focus on enlarging their product portfolio, devise impactful marketing strategies, and turn out to be more transparent with buyers to boost sales. However, amidst the pandemic, the supply chain is expected to be the major challenge, wherein the key players in the industry should focus on product diversification and aim to sell their products on e-Commerce or through online portals.
Based on type, the natural sweeteners segment is dominating the global market. Wherein the sorbitol segment is expected to dominate the natural segment. Sorbitol contains low or no calories and is commonly known as a polyol or sugar alcohol. Organically, it is not processed by bacteria in the mouth; therefore, it avoids tooth decay. It is also safe to consume, and the same has been verified by global health authorities. In addition, its diverse functional properties such as sustaining shelf life, appearance, consistency of foods, offering medicinal qualities, and helping in retaining moisture, among others, are among the key factors leading to its dominance in the industry.
Sweeteners Market Report Highlights
Organic or natural sweeteners are observing increased demand in response to the rising emphasis on good health and growing incidents of food adulteration
Currently, Asia Pacific holds the largest share in the global market. The growing demand for organic products whilst favoring health and wellness is boosting the market in this region.
In application segment, direct sales channel is expected to account for a considerable share in the sweeteners. The majority of sales are through B2B channels.
e-Commerce giants such as Amazon, Target and Walmart, are showing keen interest in online grocery delivery, thereby, the online segment is expected to increase predominantly during the forecast period
The global market is highly competitive owing to the existence of large industry players with a global presence Eden foods inc., Impala Imperial Sugar Company, Roquette Freres, Nestle S.A.
Polaris Market Research has segmented the sweeteners market report based on type, application, and region:
Sweeteners, Product Outlook (Revenue - USD Billion, 2018 - 2030)
- Natural
- Stevia
- Sorbitol
- Xylitol
- Erythritol
- Artificial
- Sucralose
- Neotame
- Others
Sweeteners, Application Outlook (Revenue - USD Billion, 2018 - 2030)
- Food & Beverage
- Pharmaceutical
- Direct Sales
- Others
Sweeteners, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Sweeteners Market Insights
- 4.1. Sweeteners Market - Industry Snapshot
- 4.2. Sweeteners Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. The rise in consumption of organic sweeteners
- 4.2.1.2. Increasing disposable income
- 4.2.2. Restraints and Challenges
- 4.2.2.1. The introduction of numerous healthy alternative food products
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Endometrial Ablation Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Sweeteners Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Endometrial Ablation, by Type, 2018 - 2030 (USD Billion)
- 5.3. Natural
- 5.3.1. Global Sweeteners Market, by Natural, by Region, 2018 - 2030 (USD Billion)
- 5.3.2. Stevia
- 5.3.2.1. Global Sweeteners Market, by Stevia, by Region, 2018 - 2030 (USD Billion)
- 5.3.3. Sorbitol
- 5.3.3.1. Global Sweeteners Market, by Sorbitol, by Region, 2018 - 2030 (USD Billion)
- 5.3.4. Xylitol
- 5.3.4.1. Global Sweeteners Market, by Xylitol, by Region, 2018 - 2030 (USD Billion)
- 5.3.5. Erythritol
- 5.3.5.1. Global Sweeteners Market, by Erythritol, by Region, 2018 - 2030 (USD Billion)
- 5.4. Artificial
- 5.4.1. Global Sweeteners Market, by Artificial, by Region, 2018 - 2030 (USD Billion)
- 5.4.2. Sucralose
- 5.4.2.1. Global Sweeteners Market, by Sucralose, by Region, 2018 - 2030 (USD Billion)
- 5.4.3. Neotame
- 5.4.3.1. Global Sweeteners Market, by Neotame, by Region, 2018 - 2030 (USD Billion)
- 5.4.4. Others
- 5.4.4.1. Global Other Sweeteners Market, by Region, 2018 - 2030 (USD Billion)
- 5.5. Global Sweeteners Market, by Application
- 5.6. Key Findings
- 5.7. Introduction
- 5.7.1. Global Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 5.8. Food & Beverage
- 5.8.1. Global Sweeteners Market, by Food & Beverage, by Region, 2018 - 2030 (USD Billion)
- 5.9. Pharmaceutical
- 5.9.1. Global Sweeteners Market, by Pharmaceutical, by Region, 2018 - 2030 (USD Billion)
- 5.10. Direct Sales
- 5.10.1. Global Sweeteners Market, by Direct Sales, by Region, 2018 - 2030 (USD Billion)
- 5.11. Others
- 5.11.1. Global Sweeteners Market, by Others, by Region, 2018 - 2030 (USD Billion)
6. Global Sweeteners Market, by Geography
- 6.1. Key findings
- 6.2. Introduction
- 6.2.1. Sweeteners Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 6.3. Sweeteners Market - North America
- 6.3.1. North America: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.3.2. North America: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.3.3. Sweeteners Market - U.S.
- 6.3.3.1. U.S.: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.3.3.2. U.S.: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.3.4. Sweeteners Market - Canada
- 6.3.4.1. Canada: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.3.4.2. Canada: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4. Sweeteners Market - Europe
- 6.4.1. Europe: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.2. Europe: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4.3. Sweeteners Market - UK
- 6.4.3.1. UK: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.3.2. UK: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4.4. Sweeteners Market - France
- 6.4.4.1. France: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.4.2. France: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4.5. Sweeteners Market - Germany
- 6.4.5.1. Germany: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.5.2. Germany: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4.6. Sweeteners Market - Italy
- 6.4.6.1. Italy: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.6.2. Italy: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4.7. Sweeteners Market - Spain
- 6.4.7.1. Spain: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.7.2. Spain: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4.8. Sweeteners Market - Netherlands
- 6.4.8.1. Netherlands: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.8.2. Netherlands: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.4.9. Sweeteners Market - Russia
- 6.4.9.1. Russia: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.4.9.2. Russia: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.5. Sweeteners Market - Asia Pacific
- 6.5.1. Asia Pacific: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.5.2. Asia Pacific: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.5.3. Sweeteners Market - China
- 6.5.3.1. China: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.5.3.2. China: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.5.4. Sweeteners Market - India
- 6.5.4.1. India: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.5.4.2. India: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.5.5. Sweeteners Market - Malaysia
- 6.5.5.1. Malaysia: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.5.5.2. Malaysia: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.5.6. Sweeteners Market - Japan
- 6.5.6.1. Japan: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.5.6.2. Japan: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.5.7. Sweeteners Market - Indonesia
- 6.5.7.1. Indonesia: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.5.7.2. Indonesia: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.5.8. Sweeteners Market - South Korea
- 6.5.8.1. South Korea: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.5.8.2. South Korea: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.6. Sweeteners Market - Middle East & Africa
- 6.6.1. Middle East & Africa: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.6.2. Middle East & Africa: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.6.3. Sweeteners Market - Saudi Arabia
- 6.6.3.1. Saudi Arabia: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.6.3.2. Saudi Arabia: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.6.4. Sweeteners Market - UAE
- 6.6.4.1. UAE: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.6.4.2. UAE: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.6.5. Sweeteners Market - Israel
- 6.6.5.1. Israel: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.6.5.2. Israel: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.6.6. Sweeteners Market - South Africa
- 6.6.6.1. South Africa: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.6.6.2. South Africa: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.7. Sweeteners Market - Latin America
- 6.7.1. Latin America: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.7.2. Latin America: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.7.3. Sweeteners Market - Mexico
- 6.7.3.1. Mexico: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.7.3.2. Mexico: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.7.4. Sweeteners Market - Brazil
- 6.7.4.1. Brazil: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.7.4.2. Brazil: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
- 6.7.5. Sweeteners Market - Argentina
- 6.7.5.1. Argentina: Sweeteners Market, by Application, 2018 - 2030 (USD Billion)
- 6.7.5.2. Argentina: Sweeteners Market, by Type, 2018 - 2030 (USD Billion)
7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
8. Company Profiles
- 8.1. Ajinomoto co. Inc
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Cargill
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. DuPont
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Eden foods Inc
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Futaste Co., Ltd
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
- 8.6. Health Connection Wholefoods
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
- 8.7. Hermes Sweeteners Ltd
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
- 8.8. Impala Imperial Sugar Company
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
- 8.9. JK Sucralose Inc
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
- 8.10. Merisant Worldwide Inc
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.10.4. Recent Development
- 8.11. Nestle S.A
- 8.11.1. Company Overview
- 8.11.2. Financial Performance
- 8.11.3. Product Benchmarking
- 8.11.4. Recent Development
- 8.12. Roquette Freres
- 8.12.1. Company Overview
- 8.12.2. Financial Performance
- 8.12.3. Product Benchmarking
- 8.12.4. Recent Development
- 8.13. Sigma Aldrich Pte. Ltd
- 8.13.1. Company Overview
- 8.13.2. Financial Performance
- 8.13.3. Product Benchmarking
- 8.13.4. Recent Development
- 8.14. Tereos SA
- 8.14.1. Company Overview
- 8.14.2. Financial Performance
- 8.14.3. Product Benchmarking
- 8.14.4. Recent Development