Artificial Sweetener Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Artificial Sweetener Market Analysis by Type (Saccharin, Monosodium Glutamate, Aspartame, Acesulfame-k, And Sodium Benzoate), By Application (Dairy Products, Confectionery, bakery Items & Beverages), by Distribution Channel (Convenience Stores, supermarkets & Hypermarkets, Departmental Stores, And Others) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)

 

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Report

Description

Artificial sweetener market size was valued at US$ 6.9 billion in the year 2020 and is anticipated to grow at US$ 9.58 billion recording a CAGR of 4.8% during the forecast period. Artificial sweeteners are called “Intense sweeteners” and are obtained from naturally occurring substances. It is the best alternative for sugar as it contains very less calorie intake. Artificial sweeteners are used in several process food materials like soft drinks, canned foods, yogurt, sauces, jellies, baked gods and dairy products. These products are propagated as sugar-free products. Artificial sweeteners are also called as food preservative and found in numerous products, which help to maintain sufficient calorie consumption.  Artificial sweetener market size is anticipated to record huge profits because of its huge use in frozen food, bakery, dairy and beverages manufacturing. They taste sweet and synthetically produced sugar, which consists of less calories hence maintaining blood sugar levels. Sweeteners including Saccharin, Neotameare, aspartame, Acesulfame K and Saccharin are used for their different features.

Artificial sweetener market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, distribution channel and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the  market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global Artificial sweetener products.


Artificial Sweetener Market

MARKET SUMMARY
-
4.8% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 4.8%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Artificial Sweetener Market Analysis

  • Increasing cases of obesity, heart disease and diabetes bothering people and hence they are opting for healthy lifestyle.
  • Artificial sweetener is the best product as it does not increase the blood glucose level in diabetic patients hence there is growing demand for artificial sweetener from diabetic patients and health conscious people. It will consequently boom the artificial sweetener market growth.
  • Major Key players working in the artificial sweetener market obtained remarkable market share due to their best product launchings and best brand image.
  • They are following different strategies to hold a prominent position in the market. Below is given the list of major key players operating in the market successfully over many years.
Market Leaders
  • Ach Food
  • Madhava Sweeteners
  • Cargill Inc.
  • Ajinomoto Co. Inc
  • Whole Earth Sweetener
  • Beijing Vitasweet Co. Ltd.
  • Tate & Lyle PLC
Artificial Sweetener Market

Drivers and Restraints

It is anticipated that artificial sweetener market will reach USD 3 Billion till the end year of 2025. According to many kinds of research, there are several health advantages of artificial sweetener such as they come with zero calorie virtually as compared to one teaspoon of sugar consists of about 16 calories. People suffering from obesity prefer to opt for artificial sweetener. Many people who want to lose their weight prefer to have artificial sweetener as they are conscious about the sugar. All These things will drive the market growth. Artificial sweetener has an excellent shelf life rather than natural sweetener. It is the best food additive, which is also used in pharmaceutical industry for sweetening the medicines. Increasing awareness among people about health is enhancing them to opt for less calorie substitutes and artificial sweetener is the best option, which in turn driving the market growth.


Artificial Sweetener Market Regional Analysis

North America dominates the market

North America is proven to be a major region to obtain huge market share and is anticipated to grow at higher level because of the increasing demand for bakery products in the region. Market size in Europe is anticipated t increase due to the major use of artificial sweetener in packaged food products. Asia pacific led by Japan, China, India, Australia and South Korea also witnessed huge market share in artificial sweetener market because of the growth in manufacturing of dairy products such as yogurt, milk, cream and curd.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Artificial Sweetener Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Ach Food
  • Madhava Sweeteners
  • Cargill Inc.
  • Ajinomoto Co. Inc
  • Whole Earth Sweetener
  • Beijing Vitasweet Co. Ltd.
  • Tate & Lyle PLC

Description

Artificial sweetener market size was valued at US$ 6.9 billion in the year 2020 and is anticipated to grow at US$ 9.58 billion recording a CAGR of 4.8% during the forecast period. Artificial sweeteners are called “Intense sweeteners” and are obtained from naturally occurring substances. It is the best alternative for sugar as it contains very less calorie intake. Artificial sweeteners are used in several process food materials like soft drinks, canned foods, yogurt, sauces, jellies, baked gods and dairy products. These products are propagated as sugar-free products. Artificial sweeteners are also called as food preservative and found in numerous products, which help to maintain sufficient calorie consumption.  Artificial sweetener market size is anticipated to record huge profits because of its huge use in frozen food, bakery, dairy and beverages manufacturing. They taste sweet and synthetically produced sugar, which consists of less calories hence maintaining blood sugar levels. Sweeteners including Saccharin, Neotameare, aspartame, Acesulfame K and Saccharin are used for their different features.

Artificial sweetener market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, distribution channel and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the  market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global Artificial sweetener products.

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