Sugar Substitutes Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPH250 | Last Updated On: Mar 02 2021 | No. of Pages: 180 | Available Formats

> Global Sugar Substitutes Market Expected to reach a high CAGR By 2027: DataM Intelligence

Global Sugar Substitutes Market Market is segmented By Type Segment (High Fructose Syrup, High-Intensity Sweetener, Low-Intensity Sweetener), By Composition (High-intensity sweeteners, Low-intensity sweeteners), By Application (Food Products, Health & Personal Care Products, Beverages), And By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The "Global Sugar Substitutes Market " is expected to grow at a high CAGR during the forecasting period (2020-2027).

Sugar substitutes are the food additives that can imitate the effect of Sugar in taste; though, they usually have less food energy/calories. The Sugar substitutes have prospered on synthetic alternatives for sucrose, such as aspartame, saccharin, and acesulfame potassium. Sugar substitutes' popularity has surged due to rising awareness of the energy imbalance between calories consumed and calories expended.

Overview

Source: DataM Intelligence Analysis (2019)

Market Dynamics

The Sugar substitute industry's growth is majorly driven by the increase in demand for natural sweeteners and increased health consciousness among consumers, backed by the rise in consumer inclination toward natural products. Moreover, the growing demand for Sugar substitutes in several applications in the food & beverage industry is further encouraging market growth. However, the market's growth is hindered by factors, such as uncertainty related to health problems due to Sugar substitute intake.

Increase in health consciousness among consumers

Easy entrance to vast information is increasingly making consumers informed of their nutritional needs. Due to this, consumers have become more conscious of healthier choices concerning food & beverages. According to a National Diabetes Statistics Report in 2020, 10.5% of the US population had diabetes in 2018, 2.8% of all US adults who met laboratory criteria for diabetes were not aware of or did not report having diabetes, and 21.4% of all US adults were diagnosed with diabetes. These increasing health conditions stem from increased demand for low-calorie food & beverage products to help consumers maintain a healthy diet. Sugar substitutes have virtually no calories, whereas a teaspoon of Sugar has almost 16 calories.

Increase in investments in R&D activities by manufacturers

Manufacturers are gradually investing in the R&D of new Sugar substitutes to achieve a larger share. Several food & beverage manufacturers are switching regular Sugars with Sugar substitutes for reducing the calorie content of the end products. The demand for Sugar substitutes from established economies has increased significantly. The key reason behind the Sugar substitute market's considerable growth is the shifting consumer attitude toward Sugar substitute intake. The awareness regarding the ill-effects of high-calorie frequent Sugar consumption among consumers is rising.

COVID-19 Impact Analysis

The global Sugar substitute market is impacted significantly due to the ambiguous pandemic conditions that occurred globally. The impacts of COVID-19 have been witnessed on the final products' supply chain and raw material ingredients. The market in terms of supply is projected to see interruptions, as Sugar substitutes produced by several major players globally cater to the end-users. However, regional consumption is projected to rise in the respective market, as consumers are increasingly focusing on maintaining weight and resulting in different diets for maintaining good health. This, altogether, is projected to drive the demand for Sugar substitutes.

Segmentation Analysis

Based on the type, the Sugar substitutes market has been classified into High Fructose Syrup, High-Intensity Sweetener, Low-Intensity Sweetener.

The high-intensity sweeteners segment is projected to foresee the fastest CAGR in the Sugar substitutes market during the forecast period.

The high-intensity sweeteners segment is expected to project the fastest CAGR in the global Sugar substitutes market in 2019. The high-intensity sweeteners authorized by the FDA are safe for the general population under specific conditions of use. Aspartame, saccharin, and sucralose are the major segments of the overall high-intensity sweeteners market. Aspartame is the commonly used low-calorie artificial sweetener in the high-intensity sweeteners market.

The Sugar substitutes market has been classified into beverages, food products, and health & personal care products based on the application.

The beverage segment is projected to foresee the fastest CAGR in the Sugar substitutes market during the forecast period.

The beverage segment reported for a foremost share in the global market in 2019. Sugar substitutes are presently preferred in beverages, such as flavored water, diet carbonated drinks, and other beverages. Stevia is a crucial Sugar substitute used in beverages. It is a preferred Sugar substitute with zero glycemic indexes and reduced-calorie, which generates several versions of energy drinks, ready-to-drink teas, flavored water, soft drinks, and fruit juices. Other Sugar substitutes, such as xylitol and erythritol, are also preferred among market players in the beverage industry.

Geographical Analysis

Based on geography, the study analyzes the Sugar substitutes market in the global market, including North America, Asia-Pacific, Europe, South America, and the Middle East & Africa.

North America leads the global market throughout the forecast period.

North America generated the largest revenue in the global Sugar substitutes market in 2019. This dominance is due to several key market players in the region, especially in the US. Additionally, the rising number of diabetic patients in the US and the growing obese population in the region support Sugar substitutes. However, Asia Pacific is projected to grow at the fastest CAGR in the Sugar substitutes market over the forecast period. This growth is attributed to the change in the lifestyle of consumers and the increase in health consciousness. Moreover, the Asia Pacific market is witnessing a radical transformation regarding diet diversification and liberal trade policies in the food sector.

Competitive Landscape

The Sugar substitute market is highly competitive, owing to the presence of big food brands. The critical Sugar substitutes players which are contributing to the growth of the global market include DuPont, ADM, Tate & Lyle, Ingredion Incorporated, Cargill Incorporated, Roquette Frères, PureCircle Ltd, MacAndrews & Forbes Holdings Inc., Ajinomoto Co. Inc., JK Sucralose Inc., Foodchem International Corporation, Golden Health (Guangdong) Biotechnology Co., Ltd., Beijing Stevia Co., Ltd., Qingdao Haisan New Energy Co., Ltd., among others. The major players are adopting new launches based on new material launches and expansion strategies for global growth in the Sugar substitutes market.   

Tate & Lyle Plc

Overview: Tate & Lyle Plc provides ingredients and solutions to the food, beverage, and other industries. It operates through the following segments: Food & Beverage Solutions, Sucralose, and Primary Products. The Food & Beverage Solutions and Sucralose segment provides solutions for customers that meet consumer demand for healthier and tastier food and drink. The Primary Products segment offers high volume food and industrial products for customers in the North American market. The company was founded in 1921 and is headquartered in London, the United Kingdom.

Product Portfolio: The company's portfolio comprises Sweeteners, Texturants, Health and Wellness, Stabilisers, Sucralose, Liquid Sweeteners, Industrial Starches, Commodities, Acidulants, Animal Feeds, among others.

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The global Sugar substitutes market report would provide access to an approx: 66 market data table, 56 figures, and 210 pages.

Target Audience

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Table of Contents

  1. Sugar Substitutes Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Sugar Substitutes Market – Market Definition and Overview

  3. Sugar Substitutes Market – Executive Summary

    1. Market Snippet by Type
    2. Market Snippet by Composition
    3. Market Snippet by Application
    4. Market Snippet by Region
  4. Sugar Substitutes Market-Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Increase in health consciousness among consumers to encourage the demand for healthier food choices
        2. Increase in demand for natural sweeteners due to the rise in consumer inclination toward natural products
      2. Restraints:
        1. Ambiguity related to health problems due to the consumption of sugar substitutes
      3. Opportunity
      4. Impact Analysis
  5. Sugar Substitutes Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Value Chain Analysis
    4. PEST Analysis
    5. Pricing Analysis
    6. Regulatory Analysis
    7. Reimbursement Analysis
    8. Unmet Needs
    9. Patent Trends
  6. Sugar Substitutes Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Sugar Substitutes Market – By Type

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type Segment
    3. Market Attractiveness Index, By Type Segment
      1. High Fructose Syrup*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. High-Intensity Sweetener
      3. Low-Intensity Sweetener
  8. Sugar Substitutes Market – By Composition

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Composition Segment
    3. Market Attractiveness Index, By Composition Segment
      1. High-intensity sweeteners*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Low-intensity sweeteners
  9. Sugar Substitutes Market – By Application

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Segment
    3. Market Attractiveness Index, By Application Segment
      1. Food products*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Health & Personal Care Products
      3. Beverages
  10. Sugar Substitutes Market – By Region

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    3. Market Attractiveness Index, By Region
    4. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Composition
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    5. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Composition
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    6. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Composition
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    7. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Composition
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    8. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Composition
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
  11. Sugar Substitutes Market – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  12. Sugar Substitutes Market- Company Profiles

    1. DuPont*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. ADM
    3. Tate & Lyle
    4. Ingredion Incorporated
    5. Cargill Incorporated
    6. Roquette Frères
    7. PureCircle Ltd
    8. MacAndrews & Forbes Holdings Inc.
    9. Ajinomoto Co. Inc.
    10. JK Sucralose Inc.
    11. Foodchem International Corporation
    12. Golden Health (Guangdong) Biotechnology Co., Ltd.
    13. Beijing Stevia Co., Ltd.
    14. Qingdao Haisan New Energy Co., Ltd. (List Not Exhaustive)
  13. Sugar Substitutes Market – Premium Insights

  14. Sugar Substitutes Market – DataM Intelligence

    1. Appendix
    2. About Us and Services
    3. Contact Us

 

List of Tables & Figures

List of Tables

1 Global Sugar Substitutes Market Value, By Type, 2019, 2023 & 2027 (US$ Million)
2 Global Sugar Substitutes Market Value, By Composition, 2019, 2023 & 2027 (US$ Million)
3 Global Sugar Substitutes Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
4 Global Sugar Substitutes Market Value, By Region, 2019, 2023 & 2027 (US$ Million)
5 North America Sugar Substitutes Market Value, By Type, 2019, 2023 & 2027 (US$ Million)
6 North America Sugar Substitutes Market Value, By Composition, 2019, 2023 & 2027 (US$ Million)
7 North America Sugar Substitutes Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
8 North America Sugar Substitutes Market Value, By Country, 2018-2027 (US$ Million)
9 South America Sugar Substitutes Market Value, By Type, 2019, 2023 & 2027 (US$ Million)
10 South America Sugar Substitutes Market Value, By Composition, 2019, 2023 & 2027 (US$ Million)
11 South America Sugar Substitutes Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
12 South America Sugar Substitutes Market Value, By Country, 2018-2027 (US$ Million)
13 Europe Sugar Substitutes Market Value, By Type, 2019, 2023 & 2027 (US$ Million)
14 Europe Sugar Substitutes Market Value, By Composition, 2019, 2023 & 2027 (US$ Million)
15 Europe Sugar Substitutes Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
16 Europe Sugar Substitutes Market Value, By Country, 2018-2027 (US$ Million)
17 Asia Pacific Sugar Substitutes Market Value, By Type, 2019, 2023 & 2027 (US$ Million)
18 Asia Pacific Sugar Substitutes Market Value, By Composition, 2019, 2023 & 2027 (US$ Million)
19 Asia Pacific Sugar Substitutes Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
20 Asia Pacific Sugar Substitutes Market Value, By Country, 2019, 2023 & 2027 (US$ Million)
21 The Middle East & Africa Sugar Substitutes Market Value, By Type, 2019, 2023 & 2027 (US$ Million)
22 The Middle East & Africa Sugar Substitutes Market Value, By Composition, 2019, 2023 & 2027 (US$ Million)
23 The Middle East & Africa Sugar Substitutes Market Value, By Application, 2019, 2023 & 2027 (US$ Million)
24 The Middle East & Africa Sugar Substitutes Market Value, By Country, 2019, 2023 & 2027 (US$ Million)
25 DuPont: Overview
26 DuPont: Product Portfolio
27 DuPont: Key Developments
28 ADM: Overview
29 ADM: Product Portfolio
30 ADM: Key Developments
31 Tate & Lyle: Overview
32 Tate & Lyle: Product Portfolio
33 Tate & Lyle: Key Developments
34 Ingredion Incorporated: Overview
35 Ingredion Incorporated: Product Portfolio
36 Ingredion Incorporated: Key Developments
37 Cargill Incorporated: Overview
38 Cargill Incorporated: Product Portfolio
39 Cargill Incorporated: Key Developments
40 Roquette Frères: Overview
41 Roquette Frères: Product Portfolio
42 Roquette Frères: Key Developments
43 PureCircle Ltd: Overview
44 PureCircle Ltd: Product Portfolio
45 PureCircle Ltd: Key Developments
46 MacAndrews & Forbes Holdings Inc.: Overview
47 MacAndrews & Forbes Holdings Inc.: Product Portfolio
48 MacAndrews & Forbes Holdings Inc.: Key Developments
49 Ajinomoto Co. Inc.: Overview
50 Ajinomoto Co. Inc.: Product Portfolio
51 Ajinomoto Co. Inc.: Key Developments
52 JK Sucralose Inc.: Overview
53 JK Sucralose Inc.: Product Portfolio
54 JK Sucralose Inc.: Key Developments
55 Foodchem International Corporation: Overview
56 Foodchem International Corporation: Product Portfolio
57 Foodchem International Corporation: Key Developments
58 Golden Health (Guangdong) Biotechnology Co., Ltd.: Overview
59 Golden Health (Guangdong) Biotechnology Co., Ltd.: Product Portfolio
60 Golden Health (Guangdong) Biotechnology Co., Ltd.: Key Developments
61 Beijing Stevia Co., Ltd.: Overview
62 Beijing Stevia Co., Ltd.: Product Portfolio
63 Beijing Stevia Co., Ltd.: Key Developments
64 Qingdao Haisan New Energy Co., Ltd.: Overview
65 Qingdao Haisan New Energy Co., Ltd.: Product Portfolio
66 Qingdao Haisan New Energy Co., Ltd.: Key Developments
List of Figures

1 Global Sugar Substitutes Market Share, By Type, 2019 & 2027 (%)
2 Global Sugar Substitutes Market Share, By Composition, 2019 & 2027 (%)
3 Global Sugar Substitutes Market Share, By Application, 2019 & 2027 (%)
4 Global Sugar Substitutes Market Share, By Region, 2019 & 2027 (%)
5 Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
6 Global Sugar Substitutes Market Y-o-Y Growth, By Type, 2019-2027 (%)
7 High Fructose Syrup: Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
8 High-Intensity Sweetners: Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
9 Low-Intensity Sweeteners: Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
10 Global Sugar Substitutes Market Y-o-Y Growth, By Composition, 2019-2027 (%)
11 High-Intensity Sweetners: Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
12 Low-Intensity Sweeteners: Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
13 Global Sugar Substitutes Market Y-o-Y Growth, By Application, 2019-2027 (%)
14 Food Products: Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
15 Beverages: Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
16 Healthcare & Personal care products Global Sugar Substitutes Market Value, 2018-2027 (US$ Million)
17 Global Sugar Substitutes Market Y-o-Y Growth, By Region, 2019-2027 (%)
18 North America Sugar Substitutes Market Value, 2018-2027 (US$ Million)
19 North America Sugar Substitutes Market Share, By Type, 2019 & 2027 (%)
20 North America Sugar Substitutes Market Share, By Composition, 2019 & 2027 (%)
21 North America Sugar Substitutes Market Share, By Application, 2019 & 2027 (%)
22 North America Sugar Substitutes Market Share, By Country, 2019 & 2027 (%)
23 South America Sugar Substitutes Market Value, 2018-2027 (US$ Million)
24 South America Sugar Substitutes Market Share, By Type, 2019 & 2027 (%)
25 South America Sugar Substitutes Market Share, By Composition, 2019 & 2027 (%)
26 South America Sugar Substitutes Market Share, By Application, 2019 & 2027 (%)
27 South America Sugar Substitutes Market Share, By Country, 2019 & 2027 (%)
28 Europe Sugar Substitutes Market Value, 2018-2027 (US$ Million)
29 Europe Sugar Substitutes Market Share, By Type, 2019 & 2027 (%)
30 Europe Sugar Substitutes Market Share, By Composition, 2019 & 2027 (%)
31 Europe Sugar Substitutes Market Share, By Application, 2019 & 2027 (%)
32 Europe Sugar Substitutes Market Share, By Country, 2019 & 2027 (%)
33 Asia-Pacific Sugar Substitutes Market Value, 2018-2027 (US$ Million)
34 Asia-Pacific Sugar Substitutes Market Share, By Type, 2019 & 2027 (%)
35 Asia-Pacific Sugar Substitutes Market Share, By Composition, 2019 & 2027 (%)
36 Asia-Pacific Sugar Substitutes Market Share, By Application, 2019 & 2027 (%)
37 Asia-Pacific Sugar Substitutes Market Share, By Country, 2019 & 2027 (%)
38 The Middle East & Africa Sugar Substitutes Market Value, 2018-2027 (US$ Million)
39 The Middle East & Africa Sugar Substitutes Market Share, By Type, 2019 & 2027 (%)
40 The Middle East & Africa Sugar Substitutes Market Share, By Composition, 2019 & 2027 (%)
41 The Middle East & Africa Sugar Substitutes Market Share, By Application, 2019 & 2027 (%)
42 The Middle East & Africa Sugar Substitutes Market Share, By Country, 2019 & 2027 (%)
43 DuPont: Financials
44 ADM Financials
45 Tate & Lyle Financials
46 Ingredion Incorporated Financials
47 Cargill Incorporated Financials
48 Roquette Frères: Financials
49 PureCircle Ltd: Financials
50 MacAndrews & Forbes Holdings Inc. Financials
51 Ajinomoto Co. Inc.: Financials
52 JK Sucralose Inc.: Financials
53 Foodchem International Corporation: Financials
54 Golden Health (Guangdong) Biotechnology Co., Ltd.: Financials
55 Beijing Stevia Co., Ltd.: Financials
56 Qingdao Haisan New Energy Co., Ltd.: Financials

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