In its updated version of the artificial sweetener market, Future Market Insights (FMI) estimates total market valuation to reach USD 2,710.0 million in 2024. Global sales of artificial sweeteners are set to soar at 2.9% CAGR, accumulating a total revenue of USD 3,600 million by 2034.
Aspartame remains the highly sought-after product type in the market, growing at a CAGR of 2.8%. This is attributable to its superior sweeteners, low cost, and other advantages.
Global Artificial Sweetener Consumption Statistics
Attributes | Key Insights |
---|---|
Global Artificial Sweetener Market Size in 2024E | USD 2,710 million |
Global Artificial Sweetener Market Revenue in 2034 | USD 3,600 million |
Value-based CAGR (2024 to 2034) | 2.9% |
Top 3 Countries’ Value, 2034 | USD 1,194.7 million |
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Artificial sweeteners are becoming ideal substitutes for conventional sugar due to their high sweetness and low-calorie content. They are preferred by individuals looking to manage their blood sugar levels, lower their calorie intake, and reduce weight.
Escalating usage of artificial sweeteners in a wide range of foods and drinks is providing impetus for market growth. Similarly, growing health awareness and rising interest in sugar-free products will propel demand for artificial sweeteners.
Changing lifestyles and dietary habits, particularly in urban areas, are fueling the demand for convenient, on-the-go food and beverage options. Artificial sweeteners allow manufacturers a way to meet consumer demand for sweetened products while reducing calories and sugar content.
Rising awareness related to the risks of diabetes is increasing focus on dental care and inclination towards weight management. This subsequently fuels sales of artificial sweeteners, and the trend may persist through 2034.
Consumers across nations like the United States and the United Kingdom are rapidly shifting towards artificial sweeteners to reduce their calorie intake. For instance, according to the USA Department of Agriculture, sugar consumption in New York slumped by 25% in 2021 compared to the previous year.
Artificial sweeteners are increasingly used in manufacturing processed food products such as candies, jellies, baked goods, sauces, canned foods, ice cream, soft drinks, and yogurt, apart from various dairy products. Increasing preference for sugar-free products is a key artificial sweetener market trend, which will bode well in the foreseeable future.
Advances in food science and technology are enabling manufacturers to develop artificial sweeteners that closely mimic the taste and texture of sugar, addressing concerns about the aftertaste often associated with earlier formulations. This is helping them broaden the appeal of artificial sweeteners to a wider consumer base.
The market is also witnessing rise of forms like injectable artificial sweeteners as the taste takes center stage for many. Injectable sweeteners, by bypassing the taste buds, can eliminate the potential for unpleasant aftertastes that some individuals find unpalatable with oral sweeteners. This can particularly appeal to those who don't enjoy the taste of certain sweeteners.
Convenience also plays a role. Individuals who dislike the constant addition of sweeteners to their food and drinks, or those who have difficulty swallowing pills, may find injectable forms a breeze. Their ease of use extends to discretion as well.
Global artificial sweetener sales increased at a CAGR of 2.1% from 2019 to 2023, according to Future Market Insights (FMI) recent analysis. Between 2024 and 2034, global demand for artificial sweeteners is forecast to grow at a CAGR of 2.9%, a 0.8% spike from the historical period.
Key factors for the growth of the artificial sweetener market are consumers becoming more conscious about the health-related issues of sugar consumption and changing dietary preferences. There has been a trend for consumers to shift to artificial sweeteners fortified with vitamins, minerals, or other health-boosting ingredients as they become more health-conscious.
To cater to the different tastes and preferences of consumers, manufacturers are widening their product offerings, and this has been facilitated with the help of technological advancements, it increases the ability of manufacturers to customize and personalize the artificial sweeteners.
The trend of clean-label products has opened up the way for the development of artificial sweeteners with simpler and more natural-sounding ingredients. This will go well for the global industry through 2034.
The constant evolution of the artificial sweetener industry is possible because of the introduction of newer and potentially better options highlighting the improved taste profiles and fewer drawbacks. These are the factors that collectively showcase the dynamic nature of the market and the potential challenges it may face in the future regardless of its current popularity.
The table below shows the estimated growth projection of the top nations. The United States and Germany are set to emerge as lucrative markets for artificial sweetener manufacturers, recording CAGRs of 3.3% and 3.1%, respectively, through 2034.
Countries | Artificial Sweetener Market CAGR (2024 to 2034) |
---|---|
United States | 3.3% |
United Kingdom | 3.0% |
Germany | 3.1% |
China | 2.8% |
Japan | 3.0% |
India | 2.8% |
The section below displays the estimated growth projection of the top nations. The United States and China will remain the top artificial sweetener consumers from 2024 to 2034.
Countries | Artificial Sweetener Market Revenue in 2034 |
---|---|
United States | USD 810.4 million |
United Kingdom | USD 197.8 million |
Germany | USD 209.1 million |
China | USD 311.2 million |
India | USD 139.4 million |
Japan | USD 170.6 million |
The United States leads from the forefront when it comes to artificial sweetener consumption, with demand rising at 3.3% CAGR. By 2034, artificial sweeteners revenue in the nations is forecast to total USD 810.4 million.
Escalating demand for artificial sweeteners in the United States can be attributed to several factors. There is a growing concern among consumers regarding health and wellness, particularly about sugar consumption, directing them towards artificial sweeteners.
With increasing awareness of the adverse effects of excessive sugar intake, such as obesity, diabetes, and dental problems, many individuals are seeking alternatives to traditional sugar. This is set to uplift artificial sweetener demand in the nations through 2034.
Artificial sweeteners offer a low-calorie or calorie-free alternative to sugar, making them particularly appealing to individuals looking to manage their weight or reduce their calorie intake. This aspect is significantly improving the popularity of artificial sweeteners, especially among those following weight management or dieting regimes.
The food and beverage industry is responding to consumer demand for healthier options by incorporating artificial sweeteners into a wide range of products, including sodas, desserts, snacks, and condiments. This widespread availability and use of artificial sweeteners in packaged foods and beverages results will continue to improve the United States artificial sweetener market share.
FMI’s update report predicts China's artificial sweetener market value to total USD 311.2 million by 2034. Sales of artificial sweeteners in China are slated to soar at 2.8% CAGR throughout the projection period.
Several factors are propelling growth of artificial sweetener industry in China. These include rising health consciousness among consumers, soaring number of diabetes and obesity cases, and a growing demand for low–calorie and sugar-free food and beverages.
As consumers are getting aware of the detrimental effects of excessive sugar consumption more individuals are looking out for substitutes for conventional sweeteners. Such an option is provided by artificial sweeteners as they provide sweetness without adding extra calories making them appealing to health-conscious consumers.
As the Chinese population becomes more urbanized and opulent there has been a corresponding shift towards western dietary habits including a liking to low-calorie and sugar-free products. This cultural change has further caused a rise in demand of artificial sweeteners in various food and beverages including carbonated drinks, dairy products, and confectionery items.
An in-depth understanding of top segments is necessary for artificial sweetener companies to stay relevant in the market and improve their success chances. For this purpose, FMI’s updated version throws some light on leading categories in the table below.
Aspartame is set to remain a popular artificial sweetener, recording a CAGR of 2.8% between 2024 and 2034. Based on end-users, artificial sweetener consumption continues to remain high in food & beverages, with the target segment rising at 3.5% CAGR, totaling USD 2,545.20 million by 2034.
By application, the confectionary segment tops the list, showing a CAGR of 3.8%. Driven by the increasing acceptance of artificial sweeteners in bakery items like cakes, pastries, and cookies. This segment is expected to generate a revenue of USD 1,224.00 million in 2034.
Top Segment | CAGR (2024 to 2034) |
---|---|
Aspartame (Product Type) | 2.8% |
Food and Beverages (End-user) | 3.5% |
Bakery Goods (Application) | 3.8% |
Aspartame has been the biggest shareholder of the artificial sweeteners domain, its dominance can be attributed to various factors such as its high sweetness intensity, 200 times that of normal sugar, allows minimal use to achieve required sweetness.
Aspartame has a flavour profile close to sugar but with a slightest aftertaste as compared to some alternatives, making it more appetizing for many consumers. It is a versatile alternative with stability under varying temperatures and pH levels making it more suitable for a vast range of food and beverages application, resulting in widespread use.
Finally, aspartame has historically been a relatively cost-effective option than other artificial sweeteners. It is widely used in sugar-free gums and other sugar-free products. This further solidifies its market position and keeps its demand high in the global market.
As per the emerging stats, aspartame will remain top-selling artificial sweetener, recording a CAGR of 2.8%, despite rising popularity of novel products like stevia. It is forecast to generate a higher market revenue of USD 1,796.40 million by 2034.
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Leading players in the synthetic sweetener market include Tate & Lyle PLC, DuPont, Cargill, Incorporated, Ajinomoto Co., Inc., Archer Daniels Midland Company, Nestlé S.A., Associated British Foods PLC, Wilmar International Limited, Ingredion Incorporated, and Raizen AG among others.
Top manufacturers of artificial sweeteners are embracing innovation to stay ahead of the curve. For instance, they are focusing on developing sweeteners that do not impact blood sugar levels. Similarly, new sugar substitutes with zero calories are being introduced to help people with weight and diabetes.
Great amount of investments is made in research and development fulfil the rising demand for artificial sweeteners from consumers. Companies are aiming to gain a competitive edge by using strategies like distribution agreements, mergers, facility expansions, and advertisements.
Recent Developments in the Artificial Sweetener Market
The global artificial sweetener market size is forecast to reach USD 2,710.0 million in 2024.
Global artificial sweetener demand is set to rise at 2.9% CAGR through 2034.
The global artificial sweetener market value will probably reach USD 3,600 million in 2034.
With a 39.4% share in 2034, North America will continue to dominate the industry.
DuPont, Cargill, Nestlé S.A., and Archer Daniels Midland Company.
The top country driving artificial sweetener demand is the United States with a 3.3% CAGR.
Sales in the United States are forecast to rise at 3.3% CAGR.
Aspartame, Acesulfame k, Saccharin, and Sucralose, among others.
Sucralose and aspartame.
The global sweetener market size reached around USD 113.77 billion in 2023.
India is set to hold a prominent share of South Asia & Pacific market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Market Background
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends by Region
3.5. Forecast Factors - Relevance & Impact
3.6. Regulations and Policies
4. Global Market - Pricing Analysis
4.1. Price Point Assessment by Region
4.1.1. Manufacturer Level Pricing
4.1.2. Distributor Level Pricing
4.2. Price Point Assessment by Product Type
4.3. Price Forecast till 2034
5. Value Chain Analysis
5.1. Operating Margins at each node of Supply Chain
5.2. List of Active Market Participants
6. Global Market Size in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034
6.1. Historical Market Size in Value (US$ million) and Volume (MT) Analysis, 2019 to 2023
6.2. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis, 2024 to 2034
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type
7.1. Introduction / Key Findings
7.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Product Type, 2019 to 2023
7.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Product Type, 2024 to 2034
7.3.1. Aspartame
7.3.2. Acesulfame K
7.3.3. Saccharin
7.3.4. Sucralose
7.3.5. Neotame
7.4. Market Attractiveness Analysis by Product Type
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End User
8.1. Introduction / Key Findings
8.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by End User, 2019 to 2023
8.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by End User, 2024 to 2034
8.3.1. Food and Beverages
8.3.2. Pharmaceuticals
8.3.3. Direct Sales
8.3.4. Other End User
8.4. Market Attractiveness Analysis by End User
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
9.1. Introduction / Key Findings
9.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Application, 2019 to 2023
9.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Application, 2024 to 2034
9.3.1. Bakery Goods
9.3.2. Sweet Spreads
9.3.3. Confectionery and Chewing Gums
9.3.4. Beverages
9.3.5. Dairy Products
9.3.6. Other Applications
9.4. Market Attractiveness Analysis by Application
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
10.1. Introduction
10.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Region, 2019 to 2023
10.3. Current Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Region, 2024 to 2034
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. East Asia
10.3.5. South Asia
10.3.6. Oceania
10.3.7. Middle East & Africa
10.4. Market Attractiveness Analysis by Region
11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
11.1. Introduction
11.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
11.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
11.3.1. by Country
11.3.1.1. United States
11.3.1.2. Canada
11.3.2. by Product Type
11.3.3. by End User
11.3.4. by Application
11.4. Market Attractiveness Analysis
11.4.1. by Country
11.4.2. by Product Type
11.4.3. by End User
11.4.4. by Application
11.5. Key takeaways
12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
12.3. Market Size (US$ million) and Volume (MT) Forecast by Market Taxonomy, 2024 to 2034
12.3.1. by Country
12.3.1.1. Brazil
12.3.1.2. Mexico
12.3.1.3. Argentina
12.3.1.4. Rest of Latin America
12.3.2. by Product Type
12.3.3. by End User
12.3.4. by Application
12.4. Market Attractiveness Analysis
12.4.1. by Country
12.4.2. by Product Type
12.4.3. by End User
12.4.4. by Application
12.5. Key takeaways
13. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Introduction
13.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
13.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
13.3.1. by Country
13.3.1.1. Germany
13.3.1.2. United Kingdom
13.3.1.3. France
13.3.1.4. Italy
13.3.1.5. Spain
13.3.1.6. BENELUX
13.3.1.7. Nordic
13.3.1.8. Russia
13.3.1.9. Poland
13.3.1.10. Rest of Europe
13.3.2. by Product Type
13.3.3. by End User
13.3.4. by Application
13.4. Market Attractiveness Analysis
13.4.1. by Country
13.4.2. by Product Type
13.4.3. by End User
13.4.4. by Application
13.5. Key takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
14.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
14.3.1. by Country
14.3.1.1. China
14.3.1.2. Japan
14.3.1.3. South Korea
14.3.2. by Product Type
14.3.3. by End User
14.3.4. by Application
14.4. Market Attractiveness Analysis
14.4.1. by Country
14.4.2. by Product Type
14.4.3. by End User
14.4.4. by Application
14.5. Key takeaways
15. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
15.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
15.3.1. by Country
15.3.1.1. India
15.3.1.2. Thailand
15.3.1.3. Malaysia
15.3.1.4. Indonesia
15.3.1.5. Vietnam
15.3.1.6. Philippines
15.3.1.7. Singapore
15.3.1.8. Rest of South Asia
15.3.2. by Product Type
15.3.3. by End User
15.3.4. by Application
15.4. Market Attractiveness Analysis
15.4.1. by Country
15.4.2. by Product Type
15.4.3. by End User
15.4.4. by Application
15.5. Key takeaways
16. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
16.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
16.3.1. by Country
16.3.1.1. Australia
16.3.1.2. New Zealand
16.3.2. by Product Type
16.3.3. by End User
16.3.4. by Application
16.4. Market Attractiveness Analysis
16.4.1. by Country
16.4.2. by Product Type
16.4.3. by End User
16.4.4. by Application
16.5. Key takeaways
17. Middle East & Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
17.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
17.3.1. by Country
17.3.1.1. GCC Countries
17.3.1.2. Turkiye
17.3.1.3. Egypt
17.3.1.4. South Africa
17.3.1.5. Rest of Middle East & Africa
17.3.2. by Product Type
17.3.3. by End User
17.3.4. by Application
17.4. Market Attractiveness Analysis
17.4.1. by Country
17.4.2. by Product Type
17.4.3. by End User
17.4.4. by Application
17.5. Key takeaways
18. Country-level Market Analysis, 2024
18.1. United States Market Analysis
18.1.1. by Product Type
18.1.2. by End User
18.1.3. by Application
18.2. Canada Market Analysis
18.2.1. by Product Type
18.2.2. by End User
18.2.3. by Application
18.3. Brazil Market Analysis
18.3.1. by Product Type
18.3.2. by End User
18.3.3. by Application
18.4. Mexico Market Analysis
18.4.1. by Product Type
18.4.2. by End User
18.4.3. by Application
18.5. Argentina Market Analysis
18.5.1. by Product Type
18.5.2. by End User
18.5.3. by Application
18.6. Germany Market Analysis
18.6.1. by Product Type
18.6.2. by End User
18.6.3. by Application
18.7. United Kingdom Market Analysis
18.7.1. by Product Type
18.7.2. by End User
18.7.3. by Application
18.8. France Market Analysis
18.8.1. by Product Type
18.8.2. by End User
18.8.3. by Application
18.9. Italy Market Analysis
18.9.1. by Product Type
18.9.2. by End User
18.9.3. by Application
18.10. Spain Market Analysis
18.10.1. by Product Type
18.10.2. by End User
18.10.3. by Application
18.11. BENELUX Market Analysis
18.11.1. by Product Type
18.11.2. by End User
18.11.3. by Application
18.12. Nordic Market Analysis
18.12.1. by Product Type
18.12.2. by End User
18.12.3. by Application
18.13. Russia Region Market Analysis
18.13.1. by Product Type
18.13.2. by End User
18.13.3. by Application
18.14. Poland Market Analysis
18.14.1. by Product Type
18.14.2. by End User
18.14.3. by Application
18.15. China Market Analysis
18.15.1. by Product Type
18.15.2. by End User
18.15.3. by Application
18.16. Japan Market Analysis
18.16.1. by Product Type
18.16.2. by End User
18.16.3. by Application
18.17. South Korea Market Analysis
18.17.1. by Product Type
18.17.2. by End User
18.17.3. by Application
18.18. India Market Analysis
18.18.1. by Product Type
18.18.2. by End User
18.18.3. by Application
18.19. Thailand Market Analysis
18.19.1. by Product Type
18.19.2. by End User
18.19.3. by Application
18.20. Malaysia Market Analysis
18.20.1. by Product Type
18.20.2. by End User
18.20.3. by Application
18.21. Indonesia Market Analysis
18.21.1. by Product Type
18.21.2. by End User
18.21.3. by Application
18.22. Vietnam Market Analysis
18.22.1. by Product Type
18.22.2. by End User
18.22.3. by Application
18.23. Philippines Market Analysis
18.23.1. by Product Type
18.23.2. by End User
18.23.3. by Application
18.24. Singapore Market Analysis
18.24.1. by Product Type
18.24.2. by End User
18.24.3. by Application
18.25. Australia Market Analysis
18.25.1. by Product Type
18.25.2. by End User
18.25.3. by Application
18.26. New Zealand Market Analysis
18.26.1. by Product Type
18.26.2. by End User
18.26.3. by Application
18.27. GCC Countries Market Analysis
18.27.1. by Product Type
18.27.2. by End User
18.27.3. by Application
18.28. Turkiye Market Analysis
18.28.1. by Product Type
18.28.2. by End User
18.28.3. by Application
18.29. Egypt Market Analysis
18.29.1. by Product Type
18.29.2. by End User
18.29.3. by Application
18.30. South Africa Market Analysis
18.30.1. by Product Type
18.30.2. by End User
18.30.3. by Application
19. Market Structure Analysis
19.1. Global Market Competition - a Dashboard View
19.2. Industry Structure Analysis
19.2.1. % tier 1 market players
19.2.2. % tier 2 market players
19.2.3. % tier 3 market players
19.3. Global Market Company Share Analysis
19.3.1. For Tier 1 Market Players, 2023
19.3.2. Company Market Share Analysis of Top 5 Players, by Region
19.4. Key Participants Market Presence (Intensity Mapping) by Region
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. Tate & Lyle PLC
20.3.1.1. Product Portfolio
20.3.1.2. End User
20.3.1.3. Revenue by Market Segments (Product Type/Application/End Use/Region)
20.3.1.4. Sales Footprint
20.3.1.5. Strategy Overview
20.3.1.5.1. Marketing Strategy
20.3.1.5.2. Product Strategy
20.3.1.5.3. Channel Strategy
20.3.1.6. SWOT Analysis
20.3.2. Cargill, Incorporated
20.3.3. Ajinomoto Co., Inc.
20.3.4. Archer Daniels Midland Company
20.3.5. Nestlé S.A.
20.3.6. Wilmar International Limited
20.3.7. Ingredion Incorporated
20.3.8. Roquette Freres
20.3.9. JK Sucralose
21. Assumption & Acronyms
22. Research Methodology
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