REDDING, Calif., Aug. 13, 2024 /PRNewswire/ -- According to a new
market research report titled 'High-intensity Sweeteners
Market Size, Share, Forecast, & Trends Analysis by Product
(Sucralose, Stevia {Reb A}, Aspartame, Acesulfame-K), Type
(Natural, Artificial), Form (Solid), Application (Beverages, Food,
Pharmaceuticals) - Global Forecast to 2034' by Meticulous
Research®, the high-intensity sweeteners market is
projected to reach $5.37 billion by
2034, at a CAGR of 5.0% from 2024 to 2034, while in terms of
volume, this market is projected to reach 110,871 tons by 2034, at
a CAGR of 2.9% from 2024 to 2034.
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High-intensity sweeteners are ingredients that create the
desired sweetness in products, even in small quantities. They
contain less food energy than sugar-based sweeteners, making them
zero-calorie or low-calorie sweeteners. Obesity, diabetes, and
metabolic disorders have become major public health problems
associated with imbalanced calorie intake. Thus, consumers looking
to reduce calorie intake are increasingly adopting high-intensity
sweeteners as part of their diets.
The rising demand for functional foods, the growing incidence of
diabetes and obesity, increasing consumer preference for natural
products, increasing taxes on sugary beverages, and the growing
adoption of high-intensity sweeteners in the beverage industry are
some of the factors driving the growth of the global high-intensity
sweeteners market. However, stringent government regulations, the
adverse health impacts of sugar substitutes, and fluctuating raw
material prices restrain the growth of this market. Furthermore,
the growing popularity of high-intensity sweeteners in emerging
economies and increasing R&D for the development of sugar-free
products are expected to provide market growth opportunities for
the stakeholders in this market. However, product labeling &
claim issues are a major challenge in the high-intensity sweeteners
market.
Additionally, the rising demand for clean-label products and the
increasing adoption of healthy lifestyles are prominent trends in
the high-intensity sweeteners market.
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Key Players:
The key players operating in the high-intensity sweeteners
market are Tate & Lyle PLC (U.K.), Archer-Daniels-Midland
Company (U.S.), Cargill, Incorporated (U.S.), Ingredion
Incorporated (U.S.), JK Sucralose Inc. (China), The NutraSweet Co. (Part of Manus Bio)
(U.S.), Ajinomoto Co., Inc. (Japan), HSWT France SAS (France), Zhucheng Haotian Pharm Co., Ltd.
(China), Guilin Layn Natural
Ingredients Corp. (China),
Celanese Corporation (U.S.), and Foodchem International Corporation
(China).
The global high-intensity sweeteners market study presents
historical market data (2022 and 2023), estimated current data
(2024), and forecasts for 2034—by product (stevia {Rebaudioside A,
Rebaudioside D, Rebaudioside M, and other stevia products},
sucralose, aspartame, acesulfame-K, neotame, saccharin, Luo Han Guo
[monk fruit], neotame, and other high-intensity sweeteners), type
(artificial high-intensity sweeteners and natural high-intensity
sweeteners), form (solid and liquid), application (beverages
{juices & soft drinks, sports drinks/energy drinks, and other
beverages}, food {bakery products, confectionery products, dairy
products, tabletop sweeteners, cereal-based products, and other
food products}, nutrition & health supplements,
pharmaceuticals, and other applications), and geography
(North America, Europe, Asia-Pacific, Latin
America, and the Middle
East & Africa). The
study also evaluates industry competitors and analyzes the market
at the regional and country levels.
Key Findings in the High-intensity Sweeteners Market
Study:
Among all the product segments covered in this report, the
stevia segment is expected to account for the largest share of the
global high-intensity sweeteners market in 2024. The stevia is
further segmented into Rebaudioside A, Rebaudioside D, Rebaudioside
M, and other stevia products. In 2024, the Rebaudioside A segment
is expected to account for the largest share of
30.3% of the global stevia market. This segment's large
market share is primarily attributed to its wide range of
functional properties, accessibility, low cost compared to other
stevia types, and ease of use in a variety of applications.
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Among all the types studied in this report, the artificial
high-intensity sweeteners segment is expected to account for the
larger market share of 65.2% of the global high-intensity
sweeteners market in 2024. The large market share of this segment
is attributed to the wide availability, lower cost, and higher
shelf life of artificial high-intensity sweeteners compared to
natural high-intensity sweeteners and their extensive range of
applications.
Among all the forms studied in this report, the solid segment is
projected to register a higher CAGR of 5.1% during the
forecast period of 2024–2034 due to the high concentration and ease
of use of powdered high-intensity sweeteners due to their high
mixability. Additionally, ease of handling, transportation, and
storage; wide availability; better shelf life; and effective
product formulation are further expected to drive the growth of
this market.
Among all the applications studied in this report, the beverage
segment is expected to account for the largest share of
45.2% of the global high-intensity sweeteners market in
2024. The large share of this segment is attributed to factors such
as the health benefits of high-intensity sweeteners in beverages,
the increasing product development and introductions of
high-intensity sweetener-based beverages, and the rising demand for
sugar-free beverages. Furthermore, the growing demand for natural
health & sports drinks with enriched nutritional value supports
the growth of this segment.
Geographically, the Asia-Pacific region is slated to register the
highest CAGR of 5.7% during the forecast period of
2024–2034. The growth of this regional market is attributed to
factors such as changing lifestyles, the emerging trend of healthy
food & food ingredients, increasing awareness about the health
benefits of sugar-free products, rapid urbanization, and the
growing prevalence of diabetes and obesity in the region. In
addition, the government has imposed taxes on sugar-sweetened
products, which drives the demand for high-intensity sweeteners
from food manufacturers.
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Scope of the Report:
High-intensity Sweeteners Market Assessment—by
Product
- Stevia
- Rebaudioside A
- Rebaudioside D
- Rebaudioside M
- Other Stevia Products
- Sucralose
- Aspartame
- Acesulfame-K
- Luo Han Guo (Monk Fruit)
- Saccharin
- Neotame
- Other High-intensity Sweeteners
High-intensity Sweeteners Market Assessment—by
Type
- Artificial High-intensity Sweeteners
- Natural High-intensity Sweeteners
High-intensity Sweeteners Market Assessment—by
Form
High-intensity Sweeteners Market Assessment—by
Application
- Beverages
- Juices & Soft Drinks
- Sports Drinks/Energy Drinks
- Other Beverages
- Food
- Bakery Products
- Confectionery Products
- Dairy Products
- Tabletop Sweeteners
- Cereal-based Products
- Other Food Products
- Nutrition & Health Supplements
- Pharmaceuticals
- Other Applications
High-intensity Sweeteners Market Assessment—by
Geography
- North America
- Asia-Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia-Pacific
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of the Middle East &
Africa
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Related Reports:
Tabletop Sweeteners Market by Sweetener Ingredient Type
(Sucralose, Stevia, Monk Fruit, Polyols, Others), Source, Form
(Powder, Tablet), Packaging Format (Single-serve, Multi-serve),
Distribution Channel (B2B, B2C), and Geography - Global Forecast to
2030
Polyol Sweeteners Market Size by Type (Sorbitol, Xylitol,
Erythritol, Lactitol, Mannitol, Maltitol, Isomalt, Hydrogenated
Starch Hydrolysate, and Others), by Form (Solid and Liquid), by
Applications (Food & Beverages, Pharmaceuticals,
Nutraceuticals, Cosmetics & Personal Care, and Others) - Global
Forecasts to 2022
Sorbitol Market Size by Form (Powder, Liquid), by Function
(Sweetener, Humectant, Bulking Agent, Flavoring Agent), by
Application (Food & Beverage, Pharmaceuticals, Personal Care) -
Global Forecast to 2030
Sugar-free Products Market by Type (Beverages, Food Products,
Tabletop, Others); Sweetening Type (Sugar Substitute-sweetened
Sugar-free Products, Naturally Sweetened); Distribution Channel
(Supermarkets & Hypermarkets, Others) - Global Forecasts to
2029
Taste Modulators Market by Type (Sweet Modulators, Salt
Modulators, Fat Modulators), Form (Powder, Liquid), Application
(Beverages, Food, Pharmaceuticals) - Global Forecast to 2030
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