Global Sucralose Market, By Application (Confectionary, Beverage, Dairy Products, Frozen Foods, Others), End Use Industry (Food Industry, Beverage Industry, Pharmaceutical Industry, Others) – Industry Trends and Forecast to 2029.
Sucralose Market Analysis and Size
Obesity, diabetes, and metabolic syndrome have all become major public health issues due to their links to an imbalanced calorie intake. Sugar substitutes play an essential role in reducing calories as part of an overall healthy diet and physical activity regimen to combat the conditions mentioned above.
Data Bridge Market Research analyses that the sucralose market was valued at 4.64 billion in 2021 and is expected to reach the value of USD 7.40 billion by 2029, at a CAGR of 6.00% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Sucralose Market Scope and 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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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Confectionary, Beverage, Dairy Products, Frozen Foods, Others), End Use Industry (Food Industry, Beverage Industry, Pharmaceutical Industry, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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DuPont (U.S.), ADM (U.S.), Tate & Lyle (U.K.), Ingredion Incorporated (U.S.), Cargill Incorporated (U.S.), Roquette Frères (France), PureCircle Ltd (U.S.), MacAndrews & Forbes Holdings Inc. (U.S.), J.K. Sucralose Inc. (China), and Ajinomoto Co. Inc. (Japan), Ajinomoto Co. (Japan), The NutraSweet Co. (U.S.), Südzucker AG (Germany), Guilin Layn Natural Ingredients Corp. (China), Zhucheng Haotian Pharm Co., Ltd. (China), HSWT France SAS (France)
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Opportunities
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Market Definition
Sucralose is an artificial sweetener that is used as a sugar substitute. It also has a longer shelf life than other sweetener substitutes and is thought to be sweeter than sugar. They are derived from natural substances found in nature or artificially created using chemicals and preservatives.
Sucralose Market Dynamics
Drivers
- Rising preferences for healthy alternatives and low calorie products
Rising consumer health consciousness and disposable income in developing countries have resulted in increased demand for sugar substitutes such as sucralose, due to its calorie-free property. People with high blood sugar and diabetic patients prefer calorie-free sweeteners, which fuels the sucralose market's growth. The food and beverage industry's constant demand for sucralose as a sweetener for various food products such as bakery products, health drinks, juices, and confectionary has significantly contributed to the growing demand for the global sucralose market. Sucralose sweetener is used as a non-caloric sweetener in a variety of food recipes, increasing demand for the global sucralose market from households and restaurants.
- Growing demand in various end-user industries
The increased use of sucraloses in various end-use applications such as pharmaceuticals, cosmetics, food, feed, ethanol production, and others is also driving the market. It can be used as a water-retaining agent in personal care and cosmetics serums and as a nutritional supplement in pharmaceutical products such as syrups and injections. Strong R&D combined with technical capabilities has put the company in the lead, and as a result, the demand for crystalline sugar has grown over time.
Opportunity
Growing technical innovation in the food processing sector and rising demand for nutritional snack bars will augment market growth. Sucralose manufacturers are expected to benefit from price fluctuations in sugar. As a result of these factors, the market is expanding with the number of diabetic patients and consumer health consciousness.
Restraints
However, many scientists believe that excessive sucralose consumption can lead to serious health problems such as type II diabetes, heart disease, obesity, and in some cases can led to cancer. The decreased availability of sucraloses, combined with the development of natural sweeteners, has shifted consumer preferences toward natural sweeteners, limiting market growth.
This sucralose 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 the sucralose market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Sucralose Market
The Global pandemic of COVID-19 disease is becoming a major impediment to the Global economy and impacts the growth of the food and beverage industry. Food manufacturers have reduced production of major food products. Furthermore, as people seek solutions to improve their overall health and well-being, there is a rapid demand for less sugary and immunity-boosting products because of the COVID-19 pandemic, which most health-conscious customers have turned to low-calorie or sugar-free foods. As a result of rising health consciousness and high demand for sugar-reduced solutions among the Global population, manufacturers and product formulators have been forced to use sucraloses.
Recent development
- Tate & Lyle will release the VANTAGE sweetener solution design tools in July 2020. It is a collection of new and innovative sweetener solution design tools and an education programme for creating sugar-reduced food and drinks with low-calorie sweeteners.
Global Sucralose Market Scope
The sucralose market is segmented on the basis of application and end use industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Confectionary
- Beverage
- Dairy Products
- Frozen Foods
- Others
End user
- Food Industry
- Beverage Industry
- Pharmaceutical Industry
- Others
Sucralose Market Regional Analysis/Insights
The sucralose market is analyzed and market size insights and trends are provided by country application and end user industry as referenced above.
The countries covered in the sucralose market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
In the global sucralose market, Europe accounted for the vast majority of market share because of the presence of key market players, significant investment in R&D, technologically advanced methods of production, and the availability of raw materials in the region. The advancement of pharmaceuticals through the use of natural sugar has proven to be the most promising for market growth.
The Asia-Pacific region accounted for the second-largest sucralose market because of increased use in the pharmaceutical and food and beverage industries. China leads the market due to the presence of market key players and the country's large population, whereas India is the fastest-growing market due to the use of innovative manufacturing techniques and rising income levels.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Sucralose Market Share Analysis
The sucralose 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 sucralose market.
Some of the major players operating in the sucralose market are:
- DuPont (U.S.)
- ADM (U.S.)
- Tate & Lyle (U.K.)
- Ingredion Incorporated (U.S.)
- Cargill Incorporated (U.S.)
- Roquette Frères (France)
- PureCircle (U.S.)
- MacAndrews & ForbesIncorporated. (U.S.)
- JK Sucralose Inc. (China)
- Ajinomoto Co. Inc (Japan)
- The NutraSweetM Co. (U.S.)
- Südzucker AG (Germany)
- Guilin Layn Natural Ingredients Corp. (China)
- Zhucheng Haotian Pharm Co., Ltd. (China)
- HSWT (France)
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