Sugar Substitutes Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (High Fructose Syrup, High-Intensity Sweetener, Low-intensity Sweetener), By Application (Beverages, Food Products, Health and Personal Care Products), And By Geography - Forecasts From 2023 To 2028

Sweeteners termed as sugar substitutes are used instead of table sugar. The terms artificial sweeteners, calorie-free sweeteners, and non-caloric sweeteners are likewise used to describe them. Though they comprise fewer calories, sugar alternatives are occasionally sweeter than sugar; due to this, sweetening meals and beverages only need a minimal quantity.

The food and beverage industry is gradually replacing sugar or corn syrup with artificial sweeteners in a variety of goods earlier using sugar. The hunt for safe, agreeable sugar substitutes is significant to the dentistry profession since there is a solid indication linking sugar consumption to tooth caries.

Low-Calorie Sweeteners (LCS) are sugar replacements that sweeten food more efficiently per gram than regular sugar does. In addition to yoghurt, baked goods, gelatins, sweets, morning cereals, pudding, frozen desserts, and gums, LCS is present in a wide variety of foods and drinks. Without sacrificing flavour or quality, sugar replacements can be employed in the food and beverage sectors.

As individuals place larger importance on their health, capability, attraction, and body image, sugar substitutes are rising in popularity. The industry's growth will be aided by the fast-rising customer demand for healthier meals.  Paralleled to ordinary sugar, artificial sugar is over 200 times sweeter. The American Heart Association and American Diabetes Association both endorse artificial sweeteners as a sugar alternative to diminish the risk of heart disease, diabetes, obesity, and metabolic disorders as well as to govern calorie consumption. Consuming countless calories, doing little exercise, and eating plentiful sugar all add to the global obesity epidemic, which will influence product demand in the fore coming years.

Escalating demand for plant-based products will fuel market expansion

Monk fruit and stevia are two high-intensity plant-based sweeteners that received FDA GRAS approval, as these are naturally sweet low-calorie substances. Moreover, as consumers’ knowledge of the dangerous effects of artificial constituents on health raises, there is a surge in the demand for clean-label or natural food items on a worldwide scale.

To combat the rising obesity rate, there has also been a prominent growth in the number of new product releases that emphasise plant-based foods. The reduction of sugar in food items, especially for kids, has been constantly reinforced by several health organisations, including the WHO and governments worldwide.

Increasing demand for sugar substitutes in the beverages industry can surge growth

The demand for non-alcoholic, calorie-free, and caffeine-free drinks has extended along with the introduction of sugar substitutes in beverage manufacturing. To recollect the nourishing value of numerous health and dietary beverages, sugar substitutes are used in their manufacturing. HIS continues to be a cost-effective choice for the beverage sector as a minor amount is adequate to augment the necessary level of sweetness to goods. To yield innovative sugar replacements and goods, the consumer base for beverage products must increase, which will fuel market enlargement throughout the projection period.

Asia-Pacific is projected to be the prominent market shareholder in the sugar substitute market and is anticipated to continue throughout the forecast period.

The sugar substitute market is anticipated to develop at the maximum rate and account for the utmost share in the Asia Pacific region. The region's population is constantly evolving, and as people turn out to be more health-conscious, the demand for natural sweeteners is rising. This area is likewise going through substantial changes in terms of the diversity of diets and expanding urbanisation. Also, as consumer awareness of health problems and disposable income has ascended, consumers' inclinations for high-energy, low-sugar meals have changed.

In North America, it's predicted that the use of sugar alternatives would escalate. Both the participation of significant area businesses and the growth in refined sugar replacement as a result of growing knowledge of sugar's negative effects are positively affecting the region's market.

Market Key Developments

• In April 2022, As crystalline allulose demand skyrocketed following the FDA's decision to omit it from the total and added sugars disclosures on the Nutrition Facts panel, Tate & Lyle increased allulose manufacturing to satisfy the demand. Allulose has only 0.4 calories per gramme yet is 70% sweeter than sugar. Allulose has reportedly been employed in a variety of goods, with bars being the most often consumed. The most popular goods also include sweet pastries and biscuits, dairy ice cream, frozen yoghurt, and tabletop sweeteners.
• In March 2022, With a more sophisticated flavour, Cargill introduced their stevia products using EverSweet and ClearFlo technology. This cutting-edge sweetener system combines stevia sweetener with a distinct flavour and offers several advantages, including flavour modification, greater dispersion, and increased stability and solubility in formulations. Additionally, the product is used in beverage manufacturing facilities without access to heat. Long-time stevia users will profit from this technology since it allows for quicker processing times due to the sweetener system's immediate disintegration.

Sugar Substitutes Market Scope:

 

Report Metric	Details
Growth Rate	CAGR during the forecast period
Base Year	2021
Forecast Period	2023–2028
Forecast Unit (Value)	USD Billion
Segments Covered	Type, Application, And Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	DuPont, ADM, Tate and Lyle, Ingredion Incorporates, Cargill Incorporated, Roquette Freres, Purecircle Ltd, JK Sucralose Inc, Ajinomoto Co. Inc
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Type
  • High Fructose Syrup
  • High-Intensity Sweetener
  • Low-intensity Sweetener
• By Application
  • Beverages
  • Food Products
  • Health and Personal Care Products
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
    • Others
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

 

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. SUGAR SUBSTITUTES MARKET ANALYSIS, BY TYPE 

5.1. Introduction

5.2. High Fructose Syrup

5.3. High-Intensity Sweetener

5.4. Low-Intensity Sweetener

 

6. SUGAR SUBSTITUTES MARKET ANALYSIS, BY APPLICATION  

6.1. Introduction

6.2. Beverages

6.3. Food Products

6.4. Health and Personal Care Products

 

7. SUGAR SUBSTITUTES MARKET ANALYSIS, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Spain

7.4.5. Others

7.5. The Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Others

 

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1 Major Players and Strategy Analysis

8.2 Emerging Players and Market Lucrativeness

8.3 Mergers, Acquisitions, Agreements, and Collaborations

8.4 Vendor Competitiveness Matrix

 

9. COMPANY PROFILES

9.1 DuPont

9.2 ADM

9.3 Tate and Lyle

9.4 Ingredion Incorporated

9.5 Cargill Incorporated

9.6 Roquette Freres

9.7 Purecircle Ltd

9.8 JK Sucralose Inc

9.9 Ajinomoto Co. Inc

DuPont 

ADM 

Tate and Lyle 

Ingredion Incorporates 

Cargill Incorporated 

Roquette Freres 

Purecircle Ltd 

JK Sucralose Inc 

Ajinomoto Co. Inc