About Artificial Sweeteners
Artificial sweeteners are calorie-free or low-calorie chemical substances used instead of sugar to sweeten foods and drinks. This type of sweetener is increasingly used in the food and beverage industry, which includes soft drinks, chewing gum, baked goods, fruit juice, ice cream, etc. The soft drink industry is found to have the maximum consumption of artificial sweeteners, which leads to increasing demand for low sugar and diet beverages. Rising health-conscious consumers are paying close attention to the sugar and calorie content of their favorite foods boosts the artificial sugar market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global artificial sweeteners market is fragmented due to the presence of several manufacturers at the global and regional levels. The level of competition among the companies in the artificial sweeteners market is intense. Companies invest in new technology and product to enhance their market presence. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Artificial Sweeteners market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tate & Lyle (United Kingdom), MacAndrews & Forbes Incorporated (United States), Nantong changhai food additive Co., ltd. (China), Cargill Incorporated (United States), Ajinomoto (Japan), DuPont (United States), Symrise (Germany), ADM (United States), Nestlé (Switzerland), Wilmar International (Singapore), Cargill, Incorporated. (United States), Roquette Frères. (France), Ingredion (United States) and American Sugar Refining (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Artificial Sweeteners market by Type (Aspartame, Acesulfame, Saccharin, Sucralose and Neotame), Application (Food and Beverages, Pharmaceuticals and Others) and Region.
On the basis of geography, the market of Artificial Sweeteners has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Artificial Sweeteners market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Rise in Adoption of Artificial Sweeteners Among The Diabetics Patient
Market Growth Drivers:
Emerging Need for Alternative to Sugar in The World, Growing Food Manufacturers Industry and Increasing Demand for Low-Calorie Versions of Foods & Beverages Among The Health Conscious People
Challenges:
Market Presence with Numerous Players Pose a Challenge for Artificial Sweeteners
Restraints:
High Consumption of Artificial Sweeteners May Cause Negative Effects on Health and Market Presence with Availability of Different Substitutes
Opportunities:
Increasing Trend of Healthy Lifestyle Among The People Creating Huge Opportunities In Artificial Sweeteners
In June 2023, GILBERT, Ariz.— Wisdom Natural Brands, launched sugar substitute brand in the natural channel, is expanding its SweetLeaf product line with two zero calorie sweeteners and three 50% reduced calorie sugars that taste, bake, brown and caramelize just like sugar. Both product lines offer new options for consumers seeking natural sugar alternatives – including the first reduced calorie coconut and date sugars – with no artificial ingredients and none of the cooling effect of other sugar replacements, such as erythritol.
“Artificial sweeteners are regulated by the U.S. Food and Drug Administration (FDA). The FDA, like the National Cancer Institute (NCI), is an agency of the Department of Health and Human Services. The FDA regulates food, drugs, medical devices, cosmetics, biologics, and radiation-emitting products. The Food Additives Amendment to the Food, Drug, and Cosmetic Act, which was passed by Congress in 1958, requires the FDA to approve food additives, including artificial sweeteners, before they can be made available for sale in the United States. However, this legislation does not apply to products that are "generally recognized as safe." Such products do not require FDA approval before being marketed.”
Key Target Audience
Artificial Sweeteners Manufacturers, Artificial Sweeteners International Traders, Artificial Sweeteners Distributors and Suppliers, Research and Development Institutes, Artificial Sweeteners Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.