Global Natural Sugar Substitute Market, By Type (High-Intensity Sweeteners (HIS), Low-Intensity Sweeteners (LIS), High-Fructose Syrup (HFS)), Composition (High-Intensity Sweeteners (HIS), Low-Intensity Sweeteners (LIS)), Application (Beverages, Food, Health & Personal Care), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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 Natural Sugar Substitute Market
The natural sugar substitute market is expected to reach at USD 21.99 billion in 2028 growing with a CAGR of 4.30% in the forecast period of 2021 to 2028. Increasing demand for low calorie food and beverages along with growing awareness regarding health issues caused by sugar consumption are likely to serve as driving factors in the forecast period 2021-2028 for the natural sugar substitute market.
Natural sugars are found in various fruits as a fructose whereas in dairy products as a lactose. Added sugars have been associated with much serious illness such as diabetes, obesity, heart disease and cancer. Thus, consumers are more looking for natural sugar alternatives rather using refinery sugar. Natural sugar alternatives are bringing sustained benefits for human health.
Growing prevalence of diabetes across the globe is the major factor boosting the growth of natural sugar substitute products in the natural sugar substitute market. In addition, increasing awareness regarding low calorie food in daily diet is likely to fuel the growth of natural sugar substitute market. Moreover, growing consumption of convenience food, functional food coupled with availability of alternative sugar sources is propelling the growth of natural sugar substitute market. However, claims issues, product labelling and doubtfulness regarding health problems caused by consumption of sugar alternatives are anticipated to restrict the growth of the natural sugar substitute market.
Nonetheless, fluctuation in the prices of sugar is expected to provide lucrative opportunity for natural sugar substitute market over the forecasted period. Also, rise in the non-industrial usage of the sugar alternatives are expected to contribute in the growth of the natural sugar substitute market. Availability of artificial sweeteners in the market is considered as one of the challenges for natural sugar substitute market.
This natural sugar substitute market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 natural sugar substitute market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Natural Sugar Substitute Market Scope and Market Size
The natural sugar substitute market is segmented on the basis of type, composition and application. The growth among segments helps you analyse 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 natural sugar substitute market is segmented into high-intensity sweeteners (HIS), low-intensity sweeteners (LIS) and high-fructose syrup (HFS).
- Based on composition, the natural sugar substitute market is segmented into high-intensity sweeteners (HIS) and low-intensity sweeteners (LIS). High-intensity sweeteners (HIS) are further segmented into stevia, aspartame, cyclamate, sucralose, saccharin, ace-K and other HIS. Low-intensity sweeteners (LIS) are further segmented into D-tagtose, sorbitol, maltitol, xylitol, mannitol, eythritol and other LIS.
- Based on the application, the natural sugar substitute market is segmented into beverages, food, health and personal care. Food is further segmented into confectionery, bakery, dairy & frozen foods and others.
Global Natural Sugar Substitute Market Country Level Analysis
Global natural sugar substitute market is analysed and market size, volume information is provided by country, type, composition and application as referenced above.
The countries covered in the natural sugar substitute 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, U.A.E, 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 natural sugar substitute market due to huge prevalence of diabetes and obesity in the region which resulted into adoption of better consumption habits.
The country section of the natural sugar substitute 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 Natural Sugar Substitute Market Share Analysis
Natural sugar substitute 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 natural sugar substitute market.
The major players covered in the natural sugar substitute report are Tate & Lyle, Cargill, Incorporated, Archer Daniels Midland Company, The NutraSweet Company, E. I. DuPont De Nemours, Ingredion Incorporated, Roquette, Ajinomoto Co., Inc., JK Sucralose Inc. and PureCircle 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.
SKU-