Market Overview:
Nonsugar sweeteners are a style of food additives that are added to food and beverages to duplicate result of sugar in terms of style. High-intensity sweeteners are a vital section of the non-sugar sweetener market that are additional sweeter than traditional sugar. several widespread sugar substitutes approved in food use are artificially synthesized compounds. Nonsugar sweeteners are generally utilized in diet and low-calorie food and beverages.
North America is projected to be the fastest-growing market, expanding at a CAGR of 60.0% from 2021 to 2027.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Zydus Wellness Ltd. (India), Roquette (France), Danisco A/S (Denmark), Nutrasweet Co. (United States), JK sucralose Inc. (China), Dulcette Technologies LLC (Canada), Merisant worldwide Inc. (United States), Imperial Sugar Co. (United States), Cargill (United States), Beckmann-Kenko GmbH (Germany) and Ajinomoto Co. Inc. (Japan) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Nonsugar Sweetener Market Study:
Zydus Wellness Ltd. (India), Roquette (France), Danisco A/S (Denmark), Nutrasweet Co. (United States), JK sucralose Inc. (China), Dulcette Technologies LLC (Canada), Merisant worldwide Inc. (United States), Imperial Sugar Co. (United States), Cargill (United States), Beckmann-Kenko GmbH (Germany) and Ajinomoto Co. Inc. (Japan)
Nonsugar Sweetener Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Beverages, Food Products, Pharmaceuticals and Others |
Type | Stevia, Tagatose, Aspartame and Others |
End-User | Individual,Commercial |
Sales Channel | Online,Offline |
Nonsugar Sweetener Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Rise in Demand from High-Intensity Sweeteners in The Food and Beverage Industry
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Influencing Trends | - Development of Low Sugar Food for Diabetic and Diet-Conscious Consumers Coupled with Growing Diet Beverages
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Restraints | - High Costs Coupled with Potential Negative Health Effects
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Road Blocks / Challenges | - Stringent Government Regulations Regarding Additives like Sweeteners
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Gaps & Opportunities | - Rise in Innovation of Wide Variety of Flavours and Brands in The Global Soft Drink Industry
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Some of the other players that are also part of study are Purecircle (Malaysia), A&Z Food Additives Co. Ltd (China) and Celanese Corp. (United States). The Global Nonsugar Sweetener market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In 2019, Merisant, the creator of Equal, launched an Amazon-exclusive brand of sugar substitutes, Sugary Sweet, containing a wide range of zero-calorie sweeteners consumers like. The new product Setup is part of Equal's strategy to relaunch the brand through on-trend innovations.
In 2018, Cargill and DSM have merged to form a new joint venture company called Avansya, which will produce zero-calorie, cost-effective sweeteners for food and beverage manufacturers. Avansya will manufacture sweeteners such as steviol glycosides Reb M and Reb D through fermentation.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Nonsugar Sweetener market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Nonsugar Sweetener market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Nonsugar Sweetener Manufacturer, Suppliers/Distributors, Research Institutes, End Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.