Global Artificial Sweeteners Market, By Type (Aspartame, Acesulfame K, Saccharin, Sucralose, Neotame, Others), Application (Bakery Products, Dairy products, Confectionery, Beverages, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Artificial Sweeteners Market
The artificial sweeteners market is expected to witness market growth at a rate of 3.26% in the forecast period of 2021 to 2028. Data Bridge Market Research report on artificial sweeteners market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of artificial sweeteners market.
Artificial sweeteners refer to the chemically produced sugar substitute that is added to a wide variety of foods and beverages for making them taste sweet. These substitutes are generally present in products such as Sucralose, Neotame, Stevia, Cyclamate, Aspartame, Saccharin, and Acesulfame Potassium (ACE-K). Aspartame & Neotame refer to zero-calorie sweetener. The product is usually found in gum, cough drops, and soft drinks, whereas Neotame is found in dairy products.
The increase in demand for ready-to-eat snack foods across the globe acts as one of the major factors driving the growth of artificial sweeteners market. The increase in health consciousness among consumers to encourage the demand for healthier food choices, and high demand for sugar substitutes in various applications in the food & beverage industry accelerate the market growth. The rise in investments in research and development activities by manufacturers to develop newer and enhanced products, and surge in demand for natural sweeteners due to the rise in consumer inclination toward natural products further influence the market. Additionally, change in lifestyle, growth in health consciousness, rapid urbanization and fluctuations in the price and supply positively affect the artificial sweeteners market. Furthermore, diversification into other application sectors extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, adherence to international quality standards and regulations for sugar substitute products and ambiguity related to health problems are expected to obstruct the market growth. Product labeling and claim issues are projected to challenge the artificial sweeteners market in the forecast period of 2021 to 2028.
This artificial sweeteners market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on artificial sweeteners market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Artificial Sweeteners Market Scope and Market Size
The artificial sweeteners market is segmented on the basis of type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the artificial sweeteners market is segmented into aspartame, acesulfame k, saccharin, sucralose, neotame and others.
- On the basis of application, the artificial sweeteners market is segmented into bakery products, dairy products, confectionery, beverages and others.
Artificial Sweeteners Market Country Level Analysis
The artificial sweeteners market is analyzed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the global artificial sweeteners market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the artificial sweeteners market because of the increase in health consciousness among them, and rapid urbanization within the region. Asia-Pacific is expected to witness growth during the forecast period of 2021 to 2028 due to the rise in household incomes, and ongoing projects in the region.
The country section of the artificial sweeteners market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Artificial Sweeteners Market Share Analysis
The artificial sweeteners market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to artificial sweeteners market.
The major players covered in the artificial sweeteners market report are zuChem Inc., Ingredion Incorporated, BENEO, Cargill, Incorporated, JK Sucralose Inc., HYET Sweet, Roquette Frères, Mitsui Sugar Co., Ltd., ADM, Tate & Lyle, Pyure Brands LLC, PureCircle, Ajinomoto Health & Nutrition North America, Inc., Alsiano, StartingLine S.p.A., NutraSweet Co., MAFCO Worldwide LLC, Matsutani Chemical Industry Co., Ltd., DuPont, and Foodchem International Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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