Artificial Sweetener Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Sucralose, Aspartame, Acesulfame Potassium, Saccharin, Neotame, Others), By Application (Dairy, Beverages, Confectionary And Bakery, Processed Food, Others), And By Geography - Forecasts From 2022 To 2027

Published:  Sep 2022 Report Code: KSI061612462 Pages: 130

The artificial sweetener market was valued at US$7.492 billion in 2020 and is expected to grow at a CAGR of 3.06% over the forecast period to reach a total market size of US$9.254 billion in 2027.

An artificial sweetener is a type of additive used in the food and beverage industry as a substitute for sugar. These sweeteners are considerably sweeter than sugar but offer less food energy and calorie content. Growing demand for low-calorie food and beverage items is the major driver of the artificial sweetener market. There has been a rise in concerns regarding high-calorie intake due to the continuously increasing prevalence of chronic diseases such as obesity and diabetes across various age groups, especially children.

According to the Canadian Journal of Diabetes, the frequency of Type 2 diabetes in children has increased around the world over the past two decades.

Even food and beverage manufacturers are increasingly using approved artificial sweeteners in various food and beverage products such as baked goods, spreads, diet beverages, and others in order to maintain their market share and further expand it across the globe. Another major factor that is augmenting the demand for artificial sweeteners is the strict guidelines set by governments in various regions and countries so as to reduce the burden of disease in the economy.

The artificial sweetener market is segmented by type, application, and geography. By type, the global artificial sweetener market is segmented into sucralose, aspartame, acesulfame potassium, saccharin, neotame, and others. By application, the artificial sweetener market is segmented into dairy, beverages, confectionery and bakery, processed foods, and others. 

Growing demand for processed food worldwide

By application, the processed food segment holds a noteworthy market share throughout the forecast period. Rising disposable incomes and living standards are continuously boosting the consumption of convenient food and beverage products worldwide, especially in developing economies. However, there has been a rise in awareness among people about the negative impact of a high-calorie diet on their health. As such, processed food manufacturers are adapting to this shift by using various artificial sweeteners in their products, thus spurring the market growth of artificial sweeteners. The dairy segment will witness a considerable CAGR during the forecast period owing to the booming demand for dairy products containing artificial sweeteners.

North America holds a significant market share throughout the forecast period

Geographically, the artificial sweetener market is segmented into North America, South America, Europe, the Middle East, and Africa (MEA), and Asia Pacific (APAC). North America accounted for a significant market share in 2019 and will remain in its position until the end of the forecast period. The rising prevalence of diabetes and obesity in countries like the United States and Canada has increased concerns among people as well as governments regarding this unhealthy lifestyle, which includes a high intake of sugar. As such, people are switching to artificial sweeteners with low or zero calories as compared to added sugar. This is significantly propelling the market growth of artificial sweeteners across this region. Furthermore, the FDA (United States Food and Drug Administration) has already approved the use of several artificial sweeteners, including neotame, saccharin, and sucralose, which can be used by processed food and beverage manufacturers, thus positively impacting the market growth of artificial sweeteners in this region during the forecast period.

However, APAC is projected to witness a substantial CAGR during the forecast period owing to the increasing number of food and beverage manufacturers expanding their facilities in the region. With growing global trade volume, these manufacturers are using artificial sweeteners in place of added sugars so that they can export their products to countries where regulations and guidelines regarding high-calorie intake are strict and there is high awareness about the bad effects of added sugars on human health. This, in turn, is fuelling the demand for artificial sweeteners in the APAC region.   

Key Developments in the Market

  • In December 2020, Tate & Lyle PLC, a global food and beverage solutions manufacturer, announced the acquisition of the leading stevia solutions provider, Sweet Green Fields. The acquisition is anticipated to aid in strengthening the former's position in the market as a premier supplier of cutting-edge sweetener solutions with the ability to produce foods and beverages that are reduced in sugar and calories and have cleaner labelling for consumers throughout the world.
  • In April 2020, Ingredion launched Erysta Erythritol, its first polyol sweetener offering. Through this offering, manufacturers can achieve nutrition-related claims, including "no added sugar" or "calorie-reduced," by reducing or replacing sugar with sweeteners in a variety of applications. In food products like ice cream, sweets, and chocolate confectionery, Erysta Erythritol promotes functional build-back and sweetness when sugar is eliminated while giving customers the mouthfeel and texture they expect in their favourite foods.

COVID-19 Insights

The pandemic had a significant impact on the global artificial sweeteners market. The brief closure of manufacturing facilities owing to the mandated lockdown significantly impacted the firms' production levels. Furthermore, the surge in active cases and social distancing measures resulted in low staffing. Additionally, the border restrictions further disrupted the supply chain, affecting the imports and exports in the market across the globe. Moreover, the growing preference for natural sweeteners by consumers amid the pandemic further slowed down the market growth.  

Artificial Sweetener Market Scope:

Report Metric Details
 Market Size Value in 2020  US$7.492 billion
 Market Size Value in 2027  US$9.254 billion
 Growth Rate  CAGR of 3.06% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Type, Application, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered B&G Foods, Inc., Ajinomoto Co, Inc., Roquette Frères, ADM, Cargill Inc., Ingredion Incorporated, Tate & Lyle, DuPont, Hermes Sweeteners Ltd., NutraSweet Company
 Customization Scope  Free report customization with purchase

 

Segmentation

  • By Type
    • Sucralose
    • Aspartame
    • Acesulfame Potassium
    • Saccharin
    • Neotame
    • Others
  • By Application
    • Dairy
    • Beverages
    • Confectionary and Bakery
    • Processed Food
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Italy
      • Others
    • Middle East and Africa
      • UAE
      • Saudi Arabia
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the artificial sweetener market size by 2027?
A1. The artificial sweetener market is expected to reach a total market size of US$9.254 billion by 2027. 


Q2. What is the size of the global artificial sweetener market?
A2. Artificial Sweetener Market was valued at US$7.492 billion in 2020. 


Q3. What are the growth prospects for the artificial sweetener market?
A3. The global artificial sweetener market is expected to grow at a CAGR of 3.06% during the forecast period. 


Q4. Which region holds the largest market share in the artificial sweetener market?
A4. North America accounted for a significant share in the artificial sweetener market and will remain at its position until the end of the forecast period. 


Q5. What factors are anticipated to drive artificial sweetener market growth?
A5. The growing demand for low-calorie food and beverage items is the major driver of the artificial sweeteners market.

1. INTRODUCTION
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation

2. RESEARCH METHODOLOGY  
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. ARTIFICIAL SWEETENER MARKET ANALYSIS, BY TYPE
5.1. Introduction
5.2. Sucralose
5.3. Aspartame
5.4. Acesulfame Potassium
5.5. Saccharin
5.6. Neotame
5.7. Others

6. ARTIFICIAL SWEETENER MARKET ANALYSIS, BY APPLICATION
6.1. Introduction
6.2. Dairy
6.3. Beverages
6.4. Confectionary and Bakery
6.5. Processed Food
6.6. Others 

7. ARTIFICIAL SWEETENER MARKET ANALYSIS, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Italy
7.4.6. Others
7.5. Middle East and Africa
7.5.1. UAE
7.5.2. Saudi Arabia
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
7.6.7. Taiwan
7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES
9.1. B&G Foods, Inc.
9.2. Ajinomoto Co, Inc.
9.3. Roquette Frères
9.4. ADM
9.5. Cargill Inc.
9.6. Ingredion Incorporated
9.7. Tate & Lyle
9.8. DuPont
9.9. Hermes Sweeteners Ltd.
9.10. NutraSweet Company
 

B&G Foods, Inc.

Ajinomoto Co, Inc.

Roquette Frères

ADM

Cargill Inc.

Ingredion Incorporated

Tate & Lyle

DuPont

Hermes Sweeteners Ltd.

NutraSweet Company

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