Natural and Artificial Sweetener Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Natural and Artificial Sweetener Market 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, Confectionery and Bakery, Processed Food, Others), Artificial Sweetener (Dairy, Beverages, Confectionery And Bakery, Processed Food, Others)), and Geography (North America, Europe, Asia Pacific, Latin America, and MEA) Forecast to 2028

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Report

Description

The natural and artificial sweetener market is valued at USD 24.5 billion in 2021 and is poised to grow at a significant CAGR of 2.3% over 2022–2028. In recent years, there has been a continuous increase in the prevalence and causes of illnesses like obesity, diabetes, and cardiovascular diseases (CVDs) worldwide. The World Health Organization (WHO) estimates that there are 422 million diabetics worldwide, and this chronic condition is directly responsible for 1.6 million annual fatalities. Moreover, since 1975, the global obesity rate has almost tripled. The leading cause of this rising prevalence is a high-calorie diet. People are replacing high-calorie table sugar with low- or zero-calorie sweeteners, both artificial and natural, as they become increasingly worried about their health. As a result, this aspect is one of the leading causes of the rising demand for artificial and natural sweeteners, fueling the expansion of the global sweetener market. With a busy lifestyle today, individuals with growing purchasing power prefer convenient, processed foods and drinks that are low- or zero-calorie and formulated with sweeteners to provide low-calorie intake. As a result, the worldwide food and beverage processing sector is seeing an increase in demand for low-calorie processed food and beverage products, which in turn is driving demand for both artificial and natural sweeteners. Moreover, many businesses also rely on alliances, purchases, mergers, and other tactics to acquire a competitive advantage. For instance, in December 2020, Tate & Lyle acquired Sweet Green Fields to enhance its position as a top supplier of cutting-edge sweetener solutions. With specialized R&D facilities in China, the acquisition will also aid the business in growing its place in the Asia Pacific region. Tate & Lyle agreed to sell a 50% stake in its artificial sweeteners and industrial starches operations to private equity firm KPS Capital Partners for USD 1.3 billion in July 2021.

Key Developments:

In February 2022, Sweegen, a leading global taste solutions provider, expanded its portfolio of high-intensity sweeteners with a new product launch of Ultarita. This new product was a result of months of hard work by Sweegen and its partner Conagen. The product is made from a protein found in minor quantities in fruits of an Oubli, a West African Fruit.

In 2021, Tate & Lyle and Codexis extended their partnership to enhance the production of Tate & Lyle’s newest sweetener: Tasteva M Stevia Sweetener.

In 2021, AnalytiCon Discovery and Roquette announced that their investment in R&D to develop Brazzein, a protein sweetener naturally produced in berries by the name Pentadiplandra found in Africa, was successful.

In 2020, Ingredion EMEA launched its first polyol sweetener ERYSTA Erythritol to enable manufacturers to reduce or replace sugar to achieve nutrition-related claims, such as ‘no added sugar’ or ‘calorie-reduced,’ in multiple applications.

Natural and Artificial Sweetener Market

MARKET SUMMARY
-
2.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 2.3%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Natural and Artificial Sweetener Market

  • The natural and artificial sweetener market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The natural and artificial sweetener market is segmented based on type, application and geography.
Key Players
  • B & G Foods, Inc.
  • Ajinomoto Co, Inc.
  • Cumberland Packing Corp.
  • Merisant Company
Natural and Artificial Sweetener Market Dynamics

Rising urbanization has increased the number of workers, increased their appetite for convenience foods, and increased their purchasing power across many growing economies worldwide. These elements are anticipated to support market expansion. Due to the negative effects of conventional sugar, mounting health issues, and the rise of lifestyle diseases like diabetes and heart disease, consumers are now choosing artificial and natural sweeteners as healthier alternatives. Many foods and beverage companies are switching from ordinary sugar to low-calorie sugar substitutes in order to stay up with this trend, which may be a significant driver in the market’s rise. On the other hand, natural sweeteners have greater production costs; their premium pricing may be limiting market expansion.


North America Got Significant Share

Natural and Artificial Sweetener Market

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

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • 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 start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Natural and Artificial Sweetener Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Natural and Artificial Sweetener Market is projected to expand at a CAGR of 2.3% during the forecast period

  • Roquette Frères, ADM, JK Sucralose Inc., Ingredion Incorporated, Tate   & Lyle

North America is the fastest-growing region for Natural and Artificial Sweetener Market


Report

Company Profile

  • B & G Foods, Inc.
  • Ajinomoto Co, Inc.
  • Cumberland Packing Corp.
  • Merisant Company
  • HYET Sweet
  • Roquette Frères
  • ADM
  • JK Sucralose Inc.
  • Ingredion Incorporated
  • Tate   & Lyle
  • Amyris
  • Lantic Inc.
  • PureCircle

Description

The natural and artificial sweetener market is valued at USD 24.5 billion in 2021 and is poised to grow at a significant CAGR of 2.3% over 2022–2028. In recent years, there has been a continuous increase in the prevalence and causes of illnesses like obesity, diabetes, and cardiovascular diseases (CVDs) worldwide. The World Health Organization (WHO) estimates that there are 422 million diabetics worldwide, and this chronic condition is directly responsible for 1.6 million annual fatalities. Moreover, since 1975, the global obesity rate has almost tripled. The leading cause of this rising prevalence is a high-calorie diet. People are replacing high-calorie table sugar with low- or zero-calorie sweeteners, both artificial and natural, as they become increasingly worried about their health. As a result, this aspect is one of the leading causes of the rising demand for artificial and natural sweeteners, fueling the expansion of the global sweetener market. With a busy lifestyle today, individuals with growing purchasing power prefer convenient, processed foods and drinks that are low- or zero-calorie and formulated with sweeteners to provide low-calorie intake. As a result, the worldwide food and beverage processing sector is seeing an increase in demand for low-calorie processed food and beverage products, which in turn is driving demand for both artificial and natural sweeteners. Moreover, many businesses also rely on alliances, purchases, mergers, and other tactics to acquire a competitive advantage. For instance, in December 2020, Tate & Lyle acquired Sweet Green Fields to enhance its position as a top supplier of cutting-edge sweetener solutions. With specialized R&D facilities in China, the acquisition will also aid the business in growing its place in the Asia Pacific region. Tate & Lyle agreed to sell a 50% stake in its artificial sweeteners and industrial starches operations to private equity firm KPS Capital Partners for USD 1.3 billion in July 2021.

Key Developments:

In February 2022, Sweegen, a leading global taste solutions provider, expanded its portfolio of high-intensity sweeteners with a new product launch of Ultarita. This new product was a result of months of hard work by Sweegen and its partner Conagen. The product is made from a protein found in minor quantities in fruits of an Oubli, a West African Fruit.

In 2021, Tate & Lyle and Codexis extended their partnership to enhance the production of Tate & Lyle’s newest sweetener: Tasteva M Stevia Sweetener.

In 2021, AnalytiCon Discovery and Roquette announced that their investment in R&D to develop Brazzein, a protein sweetener naturally produced in berries by the name Pentadiplandra found in Africa, was successful.

In 2020, Ingredion EMEA launched its first polyol sweetener ERYSTA Erythritol to enable manufacturers to reduce or replace sugar to achieve nutrition-related claims, such as ‘no added sugar’ or ‘calorie-reduced,’ in multiple applications.

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