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Artificial And Natural Sweetener Market Size, Share, Opportunities, And Trends By Type (Artificial. Natural), By Application (Dairy, Beverages, Confectionary And Bakery, Processed Food Others), And By Geography - Forecasts From 2020 To 2025

Published: Aug 2020 | Report Code:  KSI061613810 | Pages:  120

The global artificial and natural sweetener market is expected to grow at a CAGR of 1.98% over the forecast period to reach a market size of US$28,846.997 million in 2025 from a market size of US$25,639.598 million in 2019.

Rising demand for low-calorie food and beverages is driving the growth of the market over the forecast period.

There has been a steady rise in both the number of cases and prevalence of diseases such as obesity, diabetes, and cardiovascular diseases (CVDs) worldwide over the past few decades. According to the World Health Organization (WHO), about 422 million people globally have diabetes, with 1.6 million deaths are directly attributed to this chronic disease annually. Also, the worldwide obesity has nearly tripled since 1975. High calorie intake is the major factor behind this growing prevalence. As people are getting more and more concerned about their health, they are switching from high-calorie table sugar to low- or zero-calorie sweeteners, both artificial as well as natural. Thus, this factor is one of the prime factors behind the growing demand for artificial and natural sweetener thereby driving the overall sweetener market growth. With hectic lifestyle these days, people with rising purchasing power are opting for low- or zero-calorie convenient and processed food and beverage products which are made from sweeteners and so, deliver low calorie consumption. Thus, growing demand for low-calorie processed food and beverage products is, in turn, augmenting the demand for artificial and natural sweeteners across the global food and beverage processing industry.

In Europe, the United Kingdom is driving the growth of the market

The market is further segmented into the Germany, UK, France, Spain, and Italy among others artificial and natural sweetener markets. Natural sweeteners are getting popularity in the region owing to the growing demand for sugar alternative and rising health awareness. The gradual shift towards these sweeteners on account of increasing prevalence of diabetes in the region is expected to drive the market during the forecast period. Also, due to the increasing product launches in the region and investments by big market players the artificial sweeteners market is anticipated to witness substantial growth over the coming years. Furthermore, expanding bakery and confectionery industry is anticipated to widen the growth opportunities for manufacturers and vendors during forecast period. Growing concerns about the high sugar content in food and beverage along with the introduction of sugar tax is anticipated to propel the market growth opportunities for manufacturers and vendors in the country. In addition, the country’s expanding food and beverage industry coupled with the growing investments by big market players in the country to increase their market share are anticipated to propel the market growth opportunities in the coming years. Furthermore, increasing strategic investment by big market players in mergers and acquisition is anticipated propel the market growth opportunities during the forecast period. For instance, in October 2018, PureCircle increases production capacity for stevia sweetener by nearly two hundred percent to meet rising demand in the country. Also, in December 2017, Newport Maple syrup maker Clarks a major producer and supplier of maple syrup in United Kingdom was acquired by Hain Daniels (a UK subsidiary of US based food group Hain Celestial Inc).  However, due to the current COVID-19 pandemic the British retailer suffered a significant fall in sales in last one decade and with the extension of lockdown restriction in social gathering in the country is expected to restrain the growth of the market in short term.

By application dairy industry is expected to hold significant share in the global market

The dairy products include a wide range of products that are made specifically from the milk of mammals such as cattle, buffaloes, goats, and others. The products across the dairy industry include yogurt, cheese, and butter among others. The increasing consumer preferences towards the consumption of various products that contain nutritious ingredients along with the rising consciousness among the consumers regarding the consumption of naturally sweetened dairy products is also providing an impetus for the market to grow in the coming years. Furthermore, the growing consumption of dairy products globally is also a key factor bolstering the demand for natural sweeteners for their applications in the dairy industry, thereby positively impacting the market growth throughout the forecast period. Also, in the developing economies, there is a growing demand for a wide variety of milk products such as flavored yogurts, cheese, and others primarily due to the improvement in the standards of living which has further led to a change in the tastes and preferences of the consumers. For instance, according to the FAO, more than 6 billion people around the globe consume milk and its products and out of which a majority of them live across the developing economies.  Moreover, the launch of new naturally sweetened dairy products further widens the opportunities for the manufacturers over the next five years. For example, in August 2019, PureCircle, one of the leading companies in the field of stevia for the food and beverage industry announced the launch of its new product line up of gourmet ice-cream with stevia sweeteners. Similarly, in April 2019 Nestle Australia announced to launch a new milo product in the country in which the cane sugar will be replaced with stevia.

Recent Updates

  • December 2019: The global leading manufacturer of Stevia, PureCircle begins its commercial production and sale of new stevia ingredients including soluble fibers, proteins, and antioxidants in the African region.
  • November 2019: Roquette, and Inner Mongolia Yili Industrial Group Co., Ltd., one of the largest dairy companies in Asia, collaborated for a long-term strategic cooperation agreement with the purview of which new product development, technical optimization, and food safety for the benefit of both companies have been agreed upon.
  • October 2019: SweeGen Inc. manufacturer of Bestevia Taste solutions received an additional strategic investment from Sumitomo Chemical. A portion of the investment will support the expansion of an additional manufacturing site of the company located in Europe with a capacity to produce nearly 3,000 metric tons of non-GMO stevia sweeteners.

Segmentation:

  • By Type
    • Artificial Sweetener
      • Sucralose
      • Aspartame
      • Acesulfame Potassium
      • Saccharin
      • Neotame
      • Others
    • Natural Sweetener
      • Coconut Sugar
      • Stevia
      • Maple Syrup
      • Honey
      • Others
  • By Application
    • Natural Sweetener
      • Dairy
      • Beverages
      • Confectionary and Bakery
      • Processed Food
      • Others
    • Artificial Sweetener
      • Dairy
      • Beverages
      • Confectionary and Bakery
      • Processed Food
      • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • Spain
      • United Kingdom
      • Italy
      • France
      • Others
    • Middle East and Africa
      • UAE
      • Saudi Arabia
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the artificial and natural sweetener market size by 2025?
A1. The global artificial and natural sweetener market is expected to reach a market size of US$28,846.997 million by 2025.
 
Q2. What is the size of global artificial and natural sweetener market?
A2. Artificial and Natural Sweetener market was valued at US$25,639.598 million in 2019.
 
Q3. What are the growth prospects for artificial and natural sweetener market?
A3. The artificial and natural sweetener market is expected to grow at a CAGR of 1.98% over the forecast period.
 
Q4. What factors are anticipated to drive the artificial and natural sweetener market growth?
A4. Rising demand for low-calorie food and beverages is driving the growth of the market over the forecast period.
 
Q5. How is the global artificial and natural sweetener market segmented?
A5. The artificial and natural sweetener market has been segmented by type, application, and geography.

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