Global Sugar Substitutes Market

Report ID : 1409 | Published : 2022-10-14 | Pages: | Format: PDF/EXCEL

The market size of the global sugar substitutes market in the year 2021 is valued at 16.67 billion and is predicted to reach 26.93 billion by the year 2030 at an 5.59% CAGR during the forecast period.

Food additives known as sugar substitutes have the same flavour as sugar but less food energy than other sugar-based sweeteners. These sugar substitutes are widely utilized as a substitute for sugar in food products by food makers. The main driver of the sugar substitute market's expansion is the increased consumer awareness of sugar alternatives and the rising demand for zero-calorie or low-calorie goods. The increasing demand for bakery goods and beverages strongly impacts the global sugar substitute market. The primary use of sugar substitutes is to lower costs and use less sugar in the production of food items, which expands R&D prospects and gives manufacturers a competitive edge. Manufacturers of sugar substitutes could benefit from fluctuations in the price of sugar.

The producers and manufacturers' increased expenditure in the market's R&D division will aid in securing a more significant share during the forecasted time. However, the strict government regulations and the negative health impacts of sugar replacements will partially restrain the expansion of this market.

Market Segmentation:

The sugar substitute market is segmented by source, type, product, form and application. Based on source, the market is segregated into Natural and Artificial. Based on type, the market is segregated into High-fructose Corn Syrup (HFCS), Low-intensity Sweeteners and High-intensity Sweeteners. Based on product, the market is segregated into Non-nutritive Sweeteners (Sucralose, Stevia, Acesulfame-K, Luo han guo (Monk Fruit), Saccharin, Neotame and Other Non-nutritive Sweeteners) and Nutritive Sweeteners (High Fructose Corn Syrup, Polyols, Aspartame and Other Nutritive Sweeteners). Based on form, the market is segregated into Solid and Liquid. Based on application, the market is segmented into Beverages, Food, Nutrition and Health Supplements, Pharmaceuticals and Other Applications.

Based on type, the high-intensity sweeteners segment is accounted as a significant contributor to the sugar substitutes market.

The high-intensity sweeteners sector is anticipated to have the highest growth. The main reasons influencing the demand for high-intensity sweeteners are the vast range of uses, cheap production costs, simplicity of handling, and low cost compared to other sugar alternatives. Additionally, this area includes the most popular low-calorie artificial sweeteners, contributing to its growth.

The natural segment witnessed growth at a rapid rate.

The natural segment is projected to increase in the global sugar substitute market. The highest growth in this market may be mainly attributable to rising consumer knowledge of the benefits of eating foods with natural ingredients, increasing consumer demand for clean-label and healthy products, and rising adoption of stevia and other natural sugar alternatives by top food and beverage firms., especially in countries such as the US, Germany, UK, China, and India.

The Asia Pacific sugar substitute market holds a significant regional revenue share.

The Asia Pacific regional market is registering the highest market share in revenue shortly. The high proportion of the region is due to the rising prevalence of diabetes and obesity, the growing interest in health and wellbeing, the region's well-established food and beverage industry, and the high demand for sugar-free goods.

North American region market held a significant revenue share in the market. The rise in patients with lifestyle disorders like diabetes, obesity, and cardiovascular conditions, as well as rising consumer awareness of value-added food products, are all contributing factors to the market expansion. Additionally, the trend toward leading a healthy lifestyle and the rise in demand for low-calorie food items are the other significant reasons boosting the sugar substitute market's expansion.

Competitive Landscape

Some of the major key players in the sugar substitutes market are Tate & Lyle PLC (U.K.), Roquette Frères (France), Archer Daniels Midland Company (U.S.), Dupont De Nemours, Inc.(U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), JK Sucralose Inc. (China), Ajinomoto Co. (Japan), The NutraSweet Co. (U.S.), Sandsucker AG (Germany), Guilin Lain Natural Ingredients Corp. (China), Hucheng Haitian Pharm Co., Ltd. (China), HSWT France SAS (France), and Stevia lite Holding (Colombia).

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Sugar substitutes Market Snapshot

Chapter 4. Global Sugar substitutes Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Source Estimates & Trend Analysis

5.1. by Source & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Source:

5.2.1. Natural

5.2.2. Artificial

Chapter 6. Market Segmentation 2: by Type Estimates & Trend Analysis

6.1. by Type & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Type:

6.2.1. High-fructose Corn Syrup (HFCS)

6.2.2. Low-intensity Sweeteners

6.2.3. High-intensity Sweetener

Chapter 7. Market Segmentation 3: by Product Estimates & Trend Analysis

7.1. by Product & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Product:

7.2.1. Non-nutritive Sweeteners

7.2.1.1. Sucralose

7.2.1.2. Stevia

7.2.1.3. Acesulfame-K

7.2.1.4. Luo Han Guo (Monk Fruit)

7.2.1.5. Saccharin

7.2.1.6. Neotame

7.2.1.7. Other Non-nutritive Sweeteners

7.2.2. Nutritive Sweeteners

7.2.2.1. High Fructose Corn Syrup

7.2.2.2. Polyols

7.2.2.3. Aspartame

7.2.2.4. Other Nutritive Sweeteners

Chapter 8. Market Segmentation 4: by Form Estimates & Trend Analysis

8.1. by Form & Market Share, 2019 & 2030

8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Form:

8.2.1. Solid

8.2.2. Liquid

Chapter 9. Market Segmentation 5: by Application Estimates & Trend Analysis

9.1. by Application & Market Share, 2019 & 2030

9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Application:

9.2.1. Beverages

9.2.2. Food

9.2.3. Nutrition and Health Supplements

9.2.4. Pharmaceuticals

9.2.5. Other Applications

Chapter 10. Sugar substitutes Market Segmentation 6: Regional Estimates & Trend Analysis

10.1. North America

10.1.1. North America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

10.1.2. North America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Type, 2022-2030

10.1.3. North America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Product, 2022-2030

10.1.4. North America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

10.1.5. North America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

10.1.6. North America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.2. Europe

10.2.1. Europe Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

10.2.2. Europe Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Type, 2022-2030

10.2.3. Europe Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Product, 2022-2030

10.2.4. Europe Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

10.2.5. Europe Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

10.2.6. Europe Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.3. Asia Pacific

10.3.1. Asia Pacific Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

10.3.2. Asia Pacific Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Type, 2022-2030

10.3.3. Asia-Pacific Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Product, 2022-2030

10.3.4. Asia Pacific Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

10.3.5. Asia Pacific Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

10.3.6. Asia Pacific Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.4. Latin America

10.4.1. Latin America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

10.4.2. Latin America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Type, 2022-2030

10.4.3. Latin America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Product, 2022-2030

10.4.4. Latin America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

10.4.5. Latin America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

10.4.6. Latin America Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.5. Middle East & Africa

10.5.1. Middle East & Africa Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Source, 2022-2030

10.5.2. Middle East & Africa Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Type, 2022-2030

10.5.3. Middle East & Africa Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Product, 2022-2030

10.5.4. Middle East & Africa Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Form, 2022-2030

10.5.5. Middle East & Africa Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

10.5.6. Middle East & Africa Sugar substitutes Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

Chapter 11. Competitive Landscape

11.1. Major Mergers and Acquisitions/Strategic Alliances

11.2. Company Profiles

11.2.1. Tate & Lyle PLC, (U.K.)

11.2.2. Roquette Frères (France)

11.2.3. Archer Daniels Midland Company (U.S.)

11.2.4. Dupont De Nemours, Inc. (U.S.)

11.2.5. Cargill, Incorporated (U.S.)

11.2.6. Ingredion Incorporated (U.S.)

11.2.7. JK Sucralose Inc. (China)

11.2.8. Ajinomoto Co. (Japan)

11.2.9. The NutraSweet Co. (U.S.)

11.2.10. Sandsucker AG (Germany)

11.2.11. Guilin Lain Natural Ingredients Corp. (China)

11.2.12. Hucheng Haitian Pharm Co., Ltd. (China)

11.2.13. HSWT France SAS (France)

11.2.14. Stevia lite Holding (Colombia)

11.2.15. Other Prominent Players

By Source-                             

  • Natural
  • Artificial

By Type-

  • High-fructose Corn Syrup (HFCS)
  • Low-intensity Sweeteners
  • High-intensity Sweetener

By Product-

  • Non-nutritive Sweeteners
    • Sucralose 
    • Stevia
    • Acesulfame-K
    • Luo Han Guo (Monk Fruit)
    • Saccharin 
    • Neotame
    • Other Non-nutritive Sweeteners
  • Nutritive Sweeteners
    • High Fructose Corn Syrup
    • Polyols
    • Aspartame 
    • Other Nutritive Sweeteners

By Form-

  • Solid
  • Liquid

By Application-

  • Beverages
  • Food
  • Nutrition and Health Supplements
  • Pharmaceuticals
  • Other Applications

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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