Articles
Food Sweetener Market Estimated to Exceed US 103.95 Billion Globally By 2027: IMARC Group
by George Poter Market AnalystAccording to the latest report by IMARC Group, the global food sweetener market reached a value of US$ 87.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 103.95 Billion by 2027, exhibiting a CAGR of 2.80% during 2022-2027.
Food sweeteners are additives that offer a sweet flavor to foods and beverages. They are widely used as a sugar substitute and in food processes, such as fermentation, baking, caramelization, and preservation. They are commercially available in high-intensity sweetener (HIS), sucrose, and starch types. These compounds are similar to sugar in terms of texture, flavor, and interaction with ingredients. They help prevent tooth decay, manage blood sugar levels, prevent diabetes, and maintain a healthy weight as they are low in calories. As a result, food sweeteners find extensive applications in sauces, confectionery, sweets, dressings, and other baked products.
Food Sweetener Market Trends and Drivers:
The global
food sweetener market is primarily driven by the increasing demand for
low-sugar and -calorie consumer goods, such as yogurt, ice cream, grain-based
desserts, and diet coke. In addition, the surging product adoption across the
food and beverage (F&B) sector has catalyzed market growth. Moreover, the
rising prevalence of cardiovascular diseases, obesity, diabetes, and other
lifestyle diseases and the growing health consciousness have augmented the
product demand.
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Besides
this, several key players are introducing artificial and other sugar
substitutes, such as erythritol, mannitol, and xylitol, to manufacture
confectionery items. Furthermore, the launch of organic sweeteners made from
natural ingredients, such as stevia and honey, to imitate the taste of regular
sugar is another major growth-inducing factor. Other factors, including the
escalating demand for convenience and processed foods, ongoing research and
development (R&D) activities, shifting lifestyle preferences, and rising
collaborations among key players, are also anticipated to propel the market
growth.
Note: We are regularly tracking the direct effect of
COVID-19 on the market, along with the indirect influence of associated
industries. These observations will be integrated into the report.
Global Food Sweetener Market 2022-2027 Analysis and
Segmentation:
Competitive Landscape:
The competitive landscape of the market has been
studied in the report with the detailed profiles of the key players operating
in the market.
Ajinomoto Co. Inc., Archer-Daniels-Midland Company,
Cargill Incorporated, 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 and
Tereos.
The report has segmented the market on the basis of
region, product type, application and distribution channel.
Breakup by Product Type:
- Sucrose
- Starch
Sweeteners and Sugar Alcohols
o
Dextrose
o
High Fructose
Corn Syrup (HFCS)
o
Maltodextrin
o
Sorbitol
o
Xylitol
o
Others
- High
Intensity Sweeteners (HIS)
o
Sucralose
o
Stevia
o
Aspartame
o
Saccharin
o
Neotame
o
Acesulfame Potassium
(Ace-K)?
o
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 Region:
- 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
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Key highlights of the report:
- Market
Performance (2016-2021)
- Market
Outlook (2022- 2027)
- 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.
About Us:
IMARC Group is a leading market research company that
offers management strategy and market research worldwide. We partner with
clients in all sectors and regions to identify their highest-value
opportunities, address their most critical challenges, and transform their
businesses.
IMARC’s information products include major market,
scientific, economic and technological developments for business leaders in
pharmaceutical, industrial, and high technology organizations. Market forecasts
and industry analysis for biotechnology, advanced materials, pharmaceuticals,
food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
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About George Poter 
Market Analyst
20 connections, 1 recommendations, 84 honor points.Joined APSense since, June 2nd, 2022, From Noida, India.
Created on Aug 26th 2022 09:25. Viewed 208 times.
