The North America plant-derived and synthetic sugar market is dynamic, experiencing significant growth. Plant-derived sugars such as stevia and monk fruit attract health-conscious consumers, offering alternatives to traditional sugars. Concurrently, synthetic sugars such as aspartame and sucralose continue to be in demand, meeting the low-calorie sweetener needs of the food and beverage industry. This market reflects a balanced blend of traditional plant sweetness and innovative synthetic choices, showcasing North America's nuanced approach to sugar preferences.
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Data Bridge Market Research analyses that the North America Plant-Derived and Synthetic Sugar Market will grow at a CAGR of 3.2% during the forecast period of 2022 to 2029. Rising health awareness, particularly concerning obesity and diabetes, propels consumer preference for plant-derived and synthetic sugars. These alternatives are sought after for their perceived health benefits over traditional sugar options in North America.
Key Findings of the Study
Food and beverage industry demand is expected to drive the market's growth rate
The food and beverage industry's relentless pursuit of sugar reduction in products is a key driver for adopting plant-derived and synthetic sweeteners. Fueled by evolving consumer preferences for healthier options, manufacturers actively seek innovative solutions to reduce sugar content while maintaining taste. This demand reflects a commitment to addressing health concerns and aligning with diverse consumer needs, fostering a market environment where plant-derived and synthetic sweeteners play a crucial role in product formulation and development.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Type (Plant-Derived Sugar, Synthetic Sugar), Form (Dry, Liquid), Application (Food and Beverages, Dietary Supplements, Pharmaceutical, Sports Nutrition, Others)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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ADM (Archer Daniels Midland Company) (U.S.), Cargill, Incorporated (U.S.), Ingredion (U.S.), Ajinomoto Co., Inc. (Japan), BENEO (Belgium), DuPont (U.S.), Mafco Worldwide LLC (U.S.), NOW Foods (U.S.), Roquette Frères (France), NutraSweetM Co (U.S.), Tate & Lyle (U.K.), Pyure (U.S.), Hermes Sweeteners Ltd. (Switzerland), Südzucker AG (Germany), HSWT (U.S.), Layn Corp. (China), WILMAR INTERNATIONAL LTD (Singapore), Celanese Corporation (U.S.), Grupo PSA (Mexico), JK Sucralose Inc. (China)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The North America plant derived and synthetic sugar market is segmented on the basis of type, application, and form.
- On the basis of type, the North America plant derived, and synthetic sugar market is segmented into plant derived sugar, and synthetic sugar
- On the basis of application, the North America plant derived, and synthetic sugar market is segmented into food and beverages, dietary supplements, pharmaceutical, sports nutrition, and others
- On the basis of form, the North America plant derived, and synthetic sugar market is segmented into dry and liquid
Major Players
Data Bridge Market Research recognizes the following companies as the major North America plant-derived and synthetic sugar market players in North America plant-derived and synthetic sugar market are Hermes Sweeteners Ltd. (Switzerland), Südzucker AG (Germany), HSWT (U.S.), Layn Corp. (China), WILMAR INTERNATIONAL LTD (Singapore), Celanese Corporation (U.S.), Grupo PSA (Mexico), JK Sucralose Inc. (China)
Market Developments
- In November 2022, Tate & Lyle Plc launched "Erytesse," a natural sweetener with 70% sucrose sweetness and zero calories. Positioned as an ideal sweetening solution, Erytesse is versatile, finding applications in beverages, dairy, bakery, and confectionery. This innovative product reflects the company's commitment to addressing consumer demand for healthier alternatives in various food and beverage sectors
- In October 2022, Ajinomoto merged its subsidiaries, Ajinomoto Animal Nutrition and Ajinomoto Health Nutrition, forming a separate company. This strategic move aims to enhance the company's presence in the food and beverage ingredient market by providing a broader range of solutions and ingredients for animal nutrition
- In February 2022, International Flavors & Fragrances (IFF) acquired Health Wright Products, a global leader in consumer health and nutrition. This acquisition enables IFF to expand its Health & Biosciences business, incorporating probiotics, natural extracts, and botanicals. The addition of Health Wright Products' formulation and finished format capabilities enhances IFF's innovation in custom formulations and combination products
- In April 2021, Manus Bio Inc., a U.S. natural ingredients manufacturer, launched NutraSweet Natural, a zero-calorie plant-based sweetener. The product, derived from Stevia leaves, isolates the sweetest and purest components. This innovation aligns with the growing demand for natural, low-calorie sweeteners and reflects Manus Bio Inc.'s commitment to providing healthier alternatives in the sweetener market
- In April 2021, NutraSweet Natural, a plant-based sweetener with zero calories, was launched. Specifically targeting the calorie-conscious new generation, this product's introduction has allowed the company to reach and cater to a new audience with evolving preferences for zero-calorie alternatives
Regional Analysis
Geographically, the countries covered in the North America plant-derived and synthetic sugar market report are U.S., Canada and Mexico in North America.
As per Data Bridge Market Research analysis:
U.S. is estimated to be the fastest growing country in North America plant-derived and synthetic sugar market during the forecast period 2022 -2029
The U.S. is expected to dominate the North America plant-derived and synthetic sugar market in market share and revenue, maintaining dominance throughout the forecast period. The region's sustained leadership is attributed to the escalating demand for these sugars. The significant growth is fueled by increasing consumer awareness and preferences for healthier sweetening alternatives, reinforcing the U.S.'s pivotal role in steering the growth trajectory of North America's plant-derived and synthetic sugar market.
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