Artificial Sweetener Market Global Forecast Report by Product Type (Aspartame, Neotame, Sucralose, Acesulfame k, Saccharin, Others) Application (Bakery Products, Dairy Products, Confectionery, Beverages, Others) Countries and Company Analysis, 2024-2032

Growth Factors in the Artificial Sweetener Industry

Diabetes and other lifestyle diseases are becoming more common

The growing demand for artificial sweeteners is mostly driven by the increased prevalence of lifestyle disorders like diabetes. Customers are looking for healthier options as awareness of the negative impacts of excessive sugar consumption, such as diabetes, obesity, and dental issues, grows. Over 80% of those with diabetes currently reside in low- and middle-income nations, where the prevalence of the disease is predicted to increase highest. For those watching their weight or cutting calories, artificial sweeteners offer a calorie-free or low-calorie alternative. In response, the food and beverage industry are adding artificial sweeteners to sauces, desserts, drinks, and snacks. For example, in an effort to appeal to consumers who are health-conscious, corporations such as PepsiCo and Coca-Cola have introduced diet versions of their drinks that contain artificial sweeteners. Furthermore, the usage of artificial sweeteners in prescription drugs, personal hygiene products, and animal feed is propelling the market's growth. The increased frequency of lifestyle illnesses and the growing demand for low-calorie and sugar-free products are likely to create a major increase in the market for artificial sweeteners.

Consumer Preferences Are Moving in the Direction of Healthier Options

The market for artificial sweeteners is growing as consumer preferences are moving more and more in the direction of healthier options. Forty percent of American consumers reported cutting back on sugar consumption in the previous year, according to the International Food Information Council. 65% of consumers worldwide are consuming fewer sugar-filled beverages. Consumers who care about their health try to limit their intake of sugar and choose for alternatives that taste sweet without adding extra calories. People who are trying to control their blood sugar, lose weight, or consume less sugar are fond of artificial sweeteners. The industry is also driven by the rising incidence of lifestyle diseases like diabetes. According to the World Health Organization, diabetes is now the tenth most common cause of death globally, having quadrupled in prevalence since 1980. Artificial sweeteners are a low-calorie substitute that diabetics and blood sugar managers find enticing. The market is being helped by the increasing availability of artificial sweeteners in a variety of items, such as baked goods, dairy products, confectionery, and soft drinks. Notable companies such as Nestlé and Kellogg's have added artificial sweeteners to their product lines in response to the growing acceptability and demand for them.

North America Artificial Sweetener Market Overview:

North America holds the largest share of the market and is expected to continue growing in the coming years. Because of its high rate of obesity and diabetes and its health-conscious consumer culture, North America leads the world in the artificial sweetener market. In 2023, over 60% of packaged foods and beverages contained artificial sweeteners, up from 55% the year before, according to the US Food and Drug Administration. In their diets by 2024, 42% of American adults actively seek out low-calorie sweeteners, according to the Centers for Disease Control and Prevention. The Canadian Food Industry Association predicts that in 2023, there will be a 15% increase in the use of artificial sweeteners in newly released products as compared to 2022. By 2024, there will be a 20% increase in the use of artificial sweeteners by those with diabetes, thanks to the American Diabetes Association's advocacy for this substitution.

Furthermore, strict regulations on the amount of sugar in food and drink encourage producers to employ artificial sweeteners, which contributes to the region's dominance. Principal food and beverage companies in North America increased their R&D expenditures for next-generation sweeteners by 25% in 2023. The United States Department of Agriculture reports that sweeteners based on stevia have grown at the fastest rate, with a projected 30% increase in market share by 2024. North America's artificial sweetener business is expected to stay at the top through innovation and adaptation to shifting consumer tastes as concerns about obesity and related health risks increase.

Artificial Sweetener Market Company Overview

Some of the industry leaders seen in the Global Artificial Sweetener Market Includes Tate & Lyle PLC, Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Ajinomoto Co. Inc., Ingredion Incorporated, GLG Life Tech Corporation.

Artificial Sweetener Market News

In January 2024, PureCircle Clean Taste Solubility Solution, a plant-based clean label stevia option for producers, was introduced by Ingredion Inc. The answer lies in a natural sweetener that replicates the mouthfeel of sugar without requiring any additional ingredients during production. Drinks, fruit preparations, syrups, liquid concentrates, bars, and sauces are just a few of the many uses for it.

In June 2023, Leading sugar substitute producer Wisdom Natural Brands added two calorie-free sweeteners and three calorie-reduced sugars to its SweetLeaf product range, which provides sugar's taste, baking, browning, and caramelizing qualities.

Product Type – Market breakup in 6 viewpoints:

1. Aspartame
2. Neotame
3. Sucralose
4. Acesulfame k
5. Saccharin
6. Others

Application – Market breakup in 5 viewpoints:

1. Bakery Products
2. Dairy Products
3. Confectionery
4. Beverages
5. Others

Country – Market breakup in 25 viewpoints:

North America

• United States
• Canada

Europe

• France
• Germany
• Italy
• Spain
• United Kingdom
• Belgium
• the Netherlands
• Turkey

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Thailand
• Malaysia
• Indonesia
• New Zealand

Latin America

• Brazil
• Mexico
• Argentina

Middle East & Africa

• South Africa
• Saudi Arabia
• United Arab Emirates

All the Key players have been covered from 4 Viewpoints:

• Overview
• Recent Development & Strategies
• Product Portfolio
• Financial Insights

Company Analysis:

1. Tate & Lyle PLC
2. Cargill Incorporated
3. Archer Daniels Midland Company
4. DuPont de Nemours Inc.
5. Ajinomoto Co. Inc.
6. Ingredion Incorporated
7. GLG Life Tech Corporation

Report Details: