James Smith
by on September 12, 2024
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Summary:

  • The global low-calorie sweetener market size reached USD 29.5 Billion in 2023.
  • The market is expected to reach USD 41.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
  • Region-wise, the market has been divided into North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
  • Based on the source, the market has been divided into natural and artificial.
  • On the basis of the product, the market has been divided into sucralose, saccharin, aspartame, neotame, advantam, acesulfame potassium, stevia, and others.
  • Based on the form, the market has been segmented into solid and liquid.
  • Offline stores hold the majority of shares as they provide hands-on experience and immediate access to a wide selection of products.
  • Based on the application, the market has been segmented into food, dairy and frozen foods, confectionery, bakery, tabletop sweetener, others, beverages, pharmaceuticals, and others.
  • The growing awareness among individuals about the negative health effects related to consumption of excessive sugar is a primary driver of the low-calorie sweetener market.
  • The rising incidences of obesity and diabetes are reshaping the low-calorie sweetener market.

Industry Trends and Drivers:

  • Growing health consciousness among masses:

The rising awareness about the negative health effects associated with excessive sugar consumption is driving the demand for low-calorie sweeteners. As more consumers focus on healthier lifestyles, there is an increased preference for products that offer sweetness without added calories. Low-calorie sweeteners, such as stevia and sucralose, are gaining popularity as they cater to individuals seeking to reduce their sugar intake without sacrificing taste. This shift is especially prevalent among individuals managing weight, diabetes, or other health conditions. The food and beverage industry is responding by incorporating these sweeteners into a wide range of products, from snacks to beverages, further supporting market growth. As consumers continue to prioritize health-conscious choices, the demand for low-calorie sweeteners is expected to rise.

  • Rising demand for sugar substitutes:

The beverage industry is a significant driver of the low-calorie sweetener market. With growing concerns over sugar-laden drinks and their impact on public health, manufacturers are reformulating their products by incorporating low-calorie sweeteners. This trend is particularly evident in the production of diet sodas, flavored waters, and sports drinks, where consumers are looking for healthier alternatives to traditional sugary beverages. The shift towards sugar substitutes is supported by both consumer demand and government regulations aimed at reducing sugar consumption. Beverage companies are leveraging this trend to offer a wider variety of low-calorie options, further driving market growth as consumers seek refreshing, yet healthier, beverage choices.

  • Increasing prevalence of obesity and diabetes:

The global increase in obesity and diabetes is a key factor driving the low-calorie sweetener market. These health conditions are often linked to high sugar intake, prompting individuals to seek healthier alternatives. Low-calorie sweeteners provide a solution by offering sweetness without the adverse effects of sugar. As more consumers become aware of the role sugar plays in chronic diseases, there is a growing demand for sugar alternatives. Food and beverage manufacturers are responding by developing products that cater to this health-conscious audience, integrating low-calorie sweeteners into various offerings, from snacks to condiments. This trend is expected to continue as public health awareness increases.

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Low-Calorie Sweetener Market Report Segmentation:

Breakup By Source:

  • Natural
  • Artificial

Based on the source, the market has been divided into natural and artificial.

Breakup By Product:

  • Sucralose
  • Saccharin
  • Aspartame
  • Neotame
  • Advantam
  • Acesulfame Potassium
  • Stevia
  • Others

On the basis of the product, the market has been divided into sucralose, saccharin, aspartame, neotame, advantam, acesulfame potassium, stevia, and others.

Breakup By Form:

  • Solid
  • Liquid

Based on the form, the market has been segmented into solid and liquid.

Breakup By Application:

  • Food
    • Dairy and Frozen Foods
    • Confectionery
    • Bakery
    • Tabletop Sweetener
    • Others
  • Beverages
  • Pharmaceuticals
  • Others

Based on the application, the market has been segmented into food, dairy and frozen foods, confectionery, bakery, tabletop sweetener, others, beverages, pharmaceuticals, and others.

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

 Top Low-Calorie Sweetener Market Leaders: 

  • Ajinomoto Health & Nutrition North America Inc.
  • Archer Daniels Midland Company
  • Cargill Incorporated
  • Celanese Corporation
  • Cumberland Packing Corp.
  • DuPont de Nemours Inc.
  • Ingredion Incorporated
  • Merisant Company
  • Roquette Frères
  • Tate & Lyle PLC.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. 

Posted in: Business, Health
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