Global Food Sweeteners Market Forecast, Trend Analysis And Competition Tracking - Market Insights: 2015 – 2031

Food Sweeteners Market Introduction

Different types of sweeteners are used in food and drinks. There are natural and artificial. Natural maybe high-fructose corn syrup, which is extracted from corn and sugar cane products. Artificial maybe aspartame, a sugar substitute.

As consumers, we need to make wise decisions when it comes to the type of sweetener we use in our foods and drinks. Artificial sweeteners can be found in many diet sodas or sugar-free ice cream.

Sweeteners are used in various foods and drinks to provide that sweet taste. There are natural and artificial sweeteners; all of which provide different levels of sweetness. Artificial sweeteners are the most common type, due to their low production cost and easy accessibility. Examples of artificial sweeteners include Splenda, NutraSweet, Equal, Sweet'N Low, Saccharin, Aspartame, Acesulfame K.

Americans love sweet foods even though they might not be considered healthy. According to WebMD, there are 18 different types of sugar found in the average American diet. There are three main categories of sugars: natural, artificial, and high-fructose corn syrup (HFCS). Natural sugars include table sugar, cane sugar, honey, molasses, fruit juices and some vegetables. Artificial sweeteners are called that because they are not found naturally in food.

Many people who are diet conscious and looking to reduce their sugar intake have turned to artificial sweeteners. These substitutes can be made from a variety of substances, but they typically fall into one of three categories: aspartame, sucralose, or saccharin. One of the most popular types of aspartame is NutraSweet, which has been around for years and continues to be used in food products today.

The success of popular sweeteners such as aspartame, sucralose, and saccharin have been seen as a boon to those watching their weight and following a healthy diet. While these sugar substitutes allow for the enjoyment of sweets without the calories, other studies have raised health concerns about these products. For example, some research has found that children who consume a lot of food containing artificial sweeteners actually gain more weight than those who don’t.

Many people turn to artificial sweeteners in order to maintain their diet and keep themselves from sugar. One of the most popular, sucralose, was approved in 1998 by the FDA for use in all food products. The FDA found that the use of this sweetener in moderation does not pose a health risk.

The global food sweeteners market is segregated into types, applications, and regions. On the basis of type, the global food sweeteners market is sub-segmented into natural, and artificial. With respect to application, the food sweeteners market is distributed into bakery and confectionery, dairy and desserts, beverages, meat and meat products, soups, sauces, and dressings, and other applications. On the basis of region, the global food sweeteners market is sub-segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Food Sweeteners Market Dynamics

The prevalence of obesity is increasingly concerning individuals, which has encouraged more to opt for natural food sweeteners more often. This is because artificial sweeteners are not as healthy as natural alternatives due to the fact that they contain chemicals that trigger cravings and hunger. Instead of using these refined sugar products high in calories, Americans are turning to natural sweeteners like honey, maple syrup, and brown sugar. For instance, honey contains fewer calories than white table sugar and also contains vitamins and minerals.

In recent years, the consumption of sugar substitutes has been on the rise. In a study performed by The Pew Research Center, it was found that 40% of people surveyed reported using them in place of sugar. Consumption rates have been spurred on by increased awareness for common health issues such as obesity and diabetes, as well as a growing concern about the chemical processes involved with sugar production. Sugar substitutes can be derived from natural sources, such as fruit or vegetables, or through artificial means.

In recent years, a new movement has emerged in the soft drink industry. Consumers have been gravitating towards drinks with high sugar content, such as fruit juices and apple cider, due to their natural sugars. Food companies are now creating sodas with natural sugars like stevia and erythritol (a non-caloric sweetener) to meet this demand. These new drinks are designed to be healthier than the original Coke or Pepsi that contain High Fructose Corn Syrup.

Food Sweeteners Market Restraints

We live in an era where it is all too common to avoid sugar. This makes sense, considering how it negatively affects our health and dental hygiene. However, there is a question of whether or not there is really an effective substitute for sugars in the form of natural sweeteners.

The high price of sweeteners composed by using natural ingredients, coupled with the less pleasant taste, may turn away consumers seeking alternatives to sugar in their food.

The high cost involved in extracting natural sweeteners from plant sources is expected to reduce its demand. Cane sugar is the most commonly used natural sweetener that does not have any artificial components. The price of cane sugar has spiked in recent years, and this increase in price has led to the rise in less healthy options such as high-fructose corn syrup.

COVID-19 Impact Analysis on Food Sweeteners Market

The global economy has greatly fallen victim to the health crisis because of ongoing public health concerns caused by the ongoing COVID-19 pandemic. The loss of the food sweeteners market has been influenced by the difficulty in obtaining raw materials, which impacts the production of sweetener products.

Regional Analysis

The global food sweeteners market is segmented into North America, Europe, the Asia pacific, Latin America, and the Middle East and Africa.

Markets in the Asia Pacific region are expected to account for the largest share over the next decade due to the change in the lifestyle of customers and the increase in health consciousness among them, a rise in consumer awareness about health issues, an increase in inclination of consumers toward health-benefiting food products, and a surge in income and purchasing power in this region.

Competitive Landscape

• Ajinomoto
• Archer Daniels Midland (ADM)
• Cargill
• Celanese
• Danisco
• GLG Life Tech
• Ingredion
• Kerry
• PureCircle
• Tate & Lyle
• Other players

Report Scope

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• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Regions Covered

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Key Segments Covered in Global Food Sweeteners Market by Type

• Natural
• Artificial

Key Segments Covered in Global Food Sweeteners Market by Application

• Bakery and Confectionery
• Dairy and Desserts
• Beverages
• Meat and Meat Products
• Soups, Sauces, and Dressings
• Other Applications