Heavy Demand For Artificial Sweeteners Market Drives Development Of Industry

Artificial Sweeteners Market By Product Type, End User and Application- Global Industry Analysis and Forecast to 2023: Industry Trend Analysis

The global Artificial Sweeteners Market was worth USD 1.67 billion in 2014 and is expected to reach approximately USD 2.37 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.94% during the forecast period. High usage of sugar can build the danger of different diseases, for example, immune deficiency, diabetes, cancer, heart diseases, osteoporosis, and anemia. High intake of sugar additionally prompts irregularity in the insulin and glucose levels, which thusly prompts predominance of sicknesses, for example, obesity and type 2 diabetes. Growing awareness on keeping up health and prosperity, and alleviating the danger of lifestyle diseases has affected numerous buyers to follow diets that low in sugar. There has likewise been a stamped increment in the quantity of shoppers that have moved to artificial sweeteners. Makers haven’t been negligent of these advancements in customer request, and are widening their arrangement of low-sugar products and artificial sweeteners.

Product type Outlook and Trend Analysis

On the basis of product type, the global artificial sweeteners market is segmented as Saccharin, Acesulfame k, Aspartame, and Neotame. Among these, the aspartame is anticipated to account for the highest revenue generation in the upcoming years. Pervasiveness of obesity, diabetes and related conditions will keep on fueling the requirement for artificial sweeteners in the food industry. Expanding utilization of artificial sweeteners, for example, Saccharin can affect the strength of the clients unfavorably. These elements are required to recoil the client based for artificial sweeteners in the worldwide market amid the gauge time frame.

End User Outlook and Trend Analysis

In terms of end user, the global market of artificial sweeteners is segmented as direct sales, pharmaceuticals, food and beverages, and other applications. Artificial sweeteners witness tremendous demand in the beverage sector for the manufacturing of range of soft drinks. Switching inclination and spending patterns of consumers towards products that are healthy will further lead to expanding sales for artificial sweeteners in the global market.

Application Outlook and Trend Analysis

On the basis of application, the global artificial sweeteners market is segmented as confectionery and chewing gums, sweet spreads, beverages, bakery goods, dairy products, and others. Developing preference for healthy beverage products, for example, natural fruit juices has brought about a drop in sales for soft drinks. Rising health issues among consumers has brought about a surge in demand for sugar-free, fat-free, and diabetes friendly products. Prevalence of numerous illnesses like diabetes and obesity is further anticipated to boost the development of the global artificial sweeteners market.

Regional Outlook and Trend Analysis

The usage of artificial sweeteners in developed nations like Europe and North America has declined, owing to the educed consumption of soft drinks. Nonetheless, regions like Asia-Pacific and the Middle East are foreseen to boost the market growth.

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Competitive Insights

The leading players in the market are Roquette Frères, MacAndrews & Forbes, Ingredion Incorporated, Cargill Foods India, American Sugar Refining, Wilmar International, Tate & Lyle, Symrise, Archer Daniels Midland, Nestlé and Ajinomoto.

The Artificial Sweeteners market is segmented as follows-

By Product Type:

  • Saccharin
  • Neotame
  • Aspartame
  • Acesulfame k

By End User:

  • Direct sales
  • Pharmaceuticals
  • Food and beverages

By Application:

  • Sweet spread
  • Beverages
  • Bakery goods
  • Confectionery and chewing gums
  • Dairy products
  • Others

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

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Table of Contents:
1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Dynamics

3.2.1. Drivers

3.2.1.1. High Prevalence of Obesity, Heart diseases, and Diabetes

3.2.1.2. Negative Perceptions of Table Sugar

3.2.2. Restraints

3.2.2.1. Stringent and Non-Uniform Regulatory Set-up

3.2.2.2. Toxicological Evidence and Safety Concerns

3.2.3. Opportunities

3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities

4. Artificial Sweeteners Market, By Product Type

4.1. Introduction

4.2. Artificial Sweeteners Market Assessment and Forecast, By Product Type, 2014-2023

4.3. Aspartame

4.3.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

4.4. Acesulfame k

4.4.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

4.5. Saccharin

4.5.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

4.6. Sucralose

4.6.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

4.7. Neotame

4.7.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

5. Artificial Sweeteners Market, By End User

5.1. Introduction

5.2. Artificial Sweeteners Market Assessment and Forecast, By End User, 2014-2023

5.3. Food and Beverages

5.3.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

5.4. Pharmaceuticals

5.4.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

5.5. Direct Sales

5.5.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

5.6. Other End Users

5.6.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

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