The global Nutritive Sweetener market is expected to reach a market valuation of USD 22,430.75 Million by the year 2023, accelerating with a CAGR 4.4% by 2023 to 2033. Nutritive Sweetener sales are likely to account for a part of the demand in the global sweetener market valued at approximate USD 33,348.32 million in 2033.
Nutritive sweeteners are caloric sweeteners or sugars which offers energy in the form of carbohydrates. Nutritive sweeteners are present naturally in fresh fruits, however, have a dominant presence in most of the processed foods. Many of the sugar intakes come from the 'added sugar' i.e. sugar added during processing or prior to consumption.
Although, nutritive sweeteners have been associated with plethora lifestyle associated diseases but only when consumed excessively. Consumers are changing their approach for the healthier product, instead of looking only for functional ingredients, they’re emphasizing more on natural products.
According to a new study by Future Market Insights (Future Market Insights), manufacturers in the food industry are facing a surplus demand for nutritive sweeteners, in turn driving the growth of the nutritive sweetener market.
Attributes | Details |
---|---|
Nutritive Sweetener Market Size (2023E) | USD 22,430.75 Million |
Nutritive Sweetener Market Projected Size (2033F) | USD 33,348.32 Million |
Value CAGR (2023 to 2033) | 4.4% |
Top 3 countries market share | ~45% |
Future Market Insights projects the market to remain lucrative, exhibiting growth at 4.4% CAGR between 2023 and 2033 in comparison to the CAGR of 3.9% posted between 2018 and 2022.
In the race to address growing demand for low or sugar-free claims, manufacturers in the food industry are facing a surplus demand for nutritive sweeteners, in turn driving the growth of the nutritive sweetener market.
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Nutritive Sweetener sales grew at a CAGR of 4.9% between 2018 and 2022. The period marked the entry of various market players and product innovations.
Amid the growing uncertainty regarding the health benefits of the artificial sweeteners, demand for nutritive sweetener continue to rise against the backdrop of growing emphasis on natural ingredients and awareness regarding sugar consumption in moderation, thereby driving the growth of the nutritive sweetener market. As more information about the health advantages of nutritive sweeteners becomes widely known, the market for Nutritive Sweetener is likely to thrive in the coming years.
Increased consumer spending on food products is substantially fuelling the growth of the overall food industry. With urbanization, the processed food market is expected to witness significant growth in the near future especially in the untapped market of developing countries.
Nutritive sweeteners are frequently used in various industries such as the food & beverage, pharmaceutical, and others due to the health benefits associated with their consumption. They are used in the production of nutritive or sugar-free drinks and foods, which are mostly consumed among diabetic, obese, and people with high cholesterol.
In addition, consumers are unwilling to compromise on taste and are following holistic approach (i.e. consuming everything in moderation) towards their health which is anticipated to drive the market nutritive sweeteners market during the forecast period.
Thus, Future Market Insights predicts a substantial growth of Nutritive Sweetener Market in the given forecast period.
Region | North America |
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Country | United States |
Value CAGR in % (2023) | 4.9% |
Value Share in Market (2023) | 30.2% |
Region | Europe |
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Country | Germany |
Value CAGR in % (2023) | 4.0% |
Value Share in Market (2023) | 19.7% |
Region | Europe |
---|---|
Country | United Kingdom |
Value CAGR in % (2023) | 3.5% |
Value Share in Market (2023) | 21% |
Region | Asia Pacific |
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Country | India |
Value CAGR in % (2023) | 5.0% |
Value Share in Market (2023) | 15.6% |
Region | Asia Pacific |
---|---|
Country | Japan |
Value CAGR in % (2023) | 3.6% |
Value Share in Market (2023) | 10.8% |
According to Future Market Insights, USA is expected to rise by a significant growth rate during the forecast period and shares a large amount of market share.
Additionally, Obesity and related disorders are increasing in the USA, prompting dietary experts to encourage people to consume low-calorie foods, opines FMI.
Identification of sugar alcohols or nutritive sweeteners in regulating the metabolism of a diabetic person and lowering blood sugar responses has propelled the growth of the nutritive sweetener market.
India has shown positive trends in the growth of the manufacturing base of Nutritive Sweetener owing to the 100% foreign direct investment opportunity in the food processing industry.
Furthermore, as India has urbanized, the inactive lifestyle influenced by Westerners has infiltrated Indian society, resulting in less exercise and increased intake of sugar-sweetened beverages by consumers. As a result of growing knowledge of the health issues such as diabetes arising from sweet consumption in India, has propelled the demand for nutritive sweeteners.
The growth in the sector can be attributed to the increase in sweetener imports by countries such as UK, Germany and France in European Region.
Many international brands of food & beverage products brands and quick are entering or expanding their operations in these price conscious untapped market. Nutritive sweetener is a major ingredient for a majority of these products and attributed to these factors it is anticipated to have robust growth over the forecast period. This trend is expected to lead to significant market expansion in the years ahead, according to Future Market Insights.
Low-Calorie Sweetener Chocolate Market:
Attributes | Low-Calorie Sweetener Chocolate Market |
---|---|
CAGR (2023 to 2033) | 4.7% |
Growth Factor | Low-calorie sweeteners are frequently used in various industries such as the food & beverage, pharmaceutical, and others due to the health benefits associated with their consumption. |
Opportunity | Post FQ-20, consumption of healthy and nutritious meals has surged across the globe. As a result, low-calorie sweeteners, which are considered a healthier alternative to sugar, witnessed a boom in demand across the globe. |
Key Trends | Players are attempting to improve their product offerings by including natural low calorie sweeteners in their product portfolio such as stevia, which are cholesterol-free, and vegan low calorie sweeteners. |
Artificial Sweetener Market:
Attributes | Artificial Sweetener Market |
---|---|
CAGR (2023 to 2033) | 3% |
Growth Factor | Rising awareness related to risks of diabetes is increasing focus on dental care, and inclination towards weight management which subsequently fuels the market for artificial sweeteners. |
Opportunity | Availability of sugar substitutes has been noticed to be the major factor to push the overall artificial sweeteners market. |
Key Trends | Due to the rising demand for sugar-free and diet beverages, the carbonated beverage industry is reported to consume the most artificial sweeteners. |
Sweetener Market:
Attributes | Sweetener Market |
---|---|
CAGR (2023 to 2033) | 3.8% |
Growth Factor | With low glycaemic index, it is used as a low-calorie food addition making it very suitable for health conscious individuals making the sweetener market growth swift in the contemporary times. |
Opportunity | Formulation of Laws requiring less sugar intake, and their inclusion in a variety of marketable wellness and nutrition food items for improving the health of common mass is expected to bring in favourable sweetener market opportunities with the changing times. |
Key Trends | Sweetness, taste, low cost, nutrition, heat resistance during preservation, and its blending skills are all provided by prepared or natural sweeteners have made the said market highly profitable these days. |
Nutritive sweeteners include sucrose which is found in raw sugar, cane sugar, brown sugar, powdered sugar and table sugar, fructose which is also known as fruit sugar, corn sugar (type of sugar derived from corn starch), High Fructose Corn Syrup (usually added in beverages such as sodas and soft drinks), honey (composed of 40% fructose and 35% of glucose) and agave.
Sweetener use is increasing as a result of consumers' preference for low- or no-calorie versions of food and beverages. Food producers are utilizing high-intensity nutritive sweeteners to make light products with fewer calories and attractive flavor profiles in response to consumer demand.
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Leading Nutritive Sweetener producers are substantially funding the creation of new, enhanced Nutritive Sweetener. The goal of research and development is to identify the best techniques that will provide a higher output with more nutrients. Thus, research and development are crucial in the Nutritive Sweetener market.
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, the UK, France, Italy, Spain, Nordic, Russia, Poland, India, Thailand, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
Key Segments Covered | Type, Nature, Application, Region |
Key Companies Profiled | Tate & Lyle, Cargill Inc.; Showa Sangyo; Japan Corn Starch Co.; COFCO International; Kerry Group Plc; Archer Daniels Midland Company; Bannari Amman Group; Bajaj Hindusthan Ltd; Tereos SA; Wilmar International Limited; Others |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers Restraints Opportunity Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Throughout the forecast period, the Nutritive Sweetener Market is expected to grow at a CAGR of 4.4%
The natural and organic trend in the F&B sector is likely to be the prime influencer of the Nutritive Sweetener market.
Currently, North America region is at the top of the market share of Nutritive Sweetener.
Chocolates, especially White chocolates are the preferred type of Nutritive Sweetener market.
Some of the key players in the Nutritive Sweetener Market include Tate & Lyle, Cargill Inc., Showa Sangyo, Japan Corn Starch Co., COFCO International, Kerry Group Plc, Archer Daniels Midland Company, Bannari Amman Group, Bajaj Hindusthan Ltd., Tereos SA, Wilmar International Limited, among other Nutritive Sweetener players
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Nature 6.3. End Use 6.4. Distribution Channel 7. Global Market Analysis and Forecast, By Product Type 7.1. Sucrose 7.2. Fructose 7.3. Corn Sugar 7.4. High Fructose Corn Syrup 7.5. Honey 7.6. Agave 7.7. Others 8. Global Market Analysis and Forecast, By Nature 8.1. Organic 8.2. Conventional 9. Global Market Analysis and Forecast, By End Use 9.1. Household/ Retail 9.2. Food Processing 9.3. Bakery 9.4. Confectionery 9.5. Beverages 9.6. Pharmaceuticals 9.7. Dietary Supplements 9.8. Dairy Products 9.9. Ice Cream and Desserts 9.10. Yogurt 9.11. Flavored Milk 9.12. Spreads 10. Global Market Analysis and Forecast, By Distribution Channel 10.1. Direct sales 10.2. Indirect sales 10.3. Store-based Retailing 10.4. Hypermarket/Supermarket 10.5. Convenience Store 10.6. Discount Store 10.7. Food and Drink Specialty Store 10.8. Independent Small Grocery 10.9. E-retailers 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Europe 11.4. Middle East and Africa 11.5. East Asia 11.6. South Asia 11.7. Oceania 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia Sales Analysis and Forecast, by Key Segments and Countries 18. Oceania Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Product Type, Nature, End Use, and Distribution Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Tate & Lyle, Cargill Inc. 21.2. Showa Sangyo 21.3. Japan Corn Starch Co. 21.4. COFCO International 21.5. Kerry Group Plc 21.6. Archer Daniels Midland Company 21.7. Bannari Amman Group 21.8. Bajaj Hindusthan Ltd 21.9. Tereos SA 21.10. Wilmar International Limited 21.11. Others
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