The global sweeteners market size is expected to reach USD 97.57 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.4% from 2022 to 2030. The growing application of sweeteners in the food and beverage industry across the globe is driving the market. Further, the growing prevalence of diseases associated with high sugar consumption has increased the demand for low- or no-calorie sweeteners such as high-intensity sweeteners.
Increasing health consciousness among consumers in emerging economies is expected to accelerate the market growth during the forecast period. The growth of honey and artificial sweeteners is majorly attributed to rising health consciousness among consumers to encourage healthier and more nutritious food around the globe. In addition to this, the rising inclination towards natural products is propelling the growth of the market.
Increasing frequency of diseases occurring due to unhealthy lifestyles has resulted in the growing demand for nutrient-rich food, which is anticipated to drive the market over the forecast period. Low-calorie sweeteners such as high-intensity sweeteners, polyol sweeteners, and rare sugar are anticipated to witness substantial growth over the forecast period owing to their increasing applications and health benefits.
The growing prevalence of diseases associated with high sugar consumption has increased the demand for low- or no-calorie sweeteners. Low-calorie sweeteners contain very few calories but have a high intensity of sweetness per gram than high-calorie sweeteners such as table sugar, fruit juice concentrates, and corn syrup. They are widely used in various beverages and foods such as frozen desserts, yogurt, candies, baked goods, chewing gum, breakfast cereals, gelatins, and puddings.
Gather more insights about the market drivers, restrains and growth of the Sweeteners Market
Sweeteners Market Report Highlights
• The sucrose type segment led the market in 2021 owing to its wide application in the food & beverages, pharmaceuticals, cosmetics, and personal care products industries, easy availability, and low costs
• The liquid form segment is expected to grow at a lucrative rate of 2.9% over the forecast period as the liquid form offers more solubility and flexibility for use in different applications such as food & beverages, pharmaceuticals, and personal care and cosmetics
• Asia Pacific dominated the market with a share of over 30.0% in 2021. The increasing application of sweeteners in various food products in economies such as China and India is a key factor contributing to the growth of the food and beverage industry in the region
Sweeteners Market Segmentation
Grand View Research has segmented the global sweeteners market based on type, form, application, and region:
Sweeteners Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
• Sucrose
• High-Fructose Corn Syrup
• Polyol Sweeteners/Sugar Alcohols
o Sorbitol
o Xylitol
o Mannitol
o Maltitol
o Isomalt
o Erythritol
o Lyxitol
o Others
• High Intensity Sweeteners
o Aspartame
o Sucralose
o Saccharin
o Cyclamates
o Acesulfame Potassium (Ace- K)
o Stevia
o Monk Fruit (Luo Han Guo)
o Brazzein
o Others
• Allulose
• Tagatose
• Cambya
• Others
Sweeteners Form Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
• Solid
• Liquid
Sweeteners Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
• Bakery & Confectionery
• Beverages
• Dairy & Frozen Desserts
• Pharmaceuticals
• Others
Sweeteners Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
• Asia Pacific
o China
o India
o Japan
• Central & South America
o Brazil
• Middle East & Africa
o UAE
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