Global Sugar Substitutes Market Size study & Forecast, by Type, by Composition (High-intensity sweeteners, Low-intensity sweeteners), by Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Sugar Substitutes Market is valued at approximately USD 7.50 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.20 % over the forecast period 2022-2029. Sugar substitutes are plant-based compounds called artificial sweeteners that enhance the flavor of food and possess similar flavor and texture as conventional sugar. These products were primarily developed to replace or lessen dependence on sugar. Stevia, sucralose, and other ingredients are some of the most often used raw materials for manufacturing these products. The key factors driving the market growth are rising obesity and diabetic populations, growing health consciousness among consumers, and rising demand for natural sweeteners due to the increasing consumer inclination toward natural products, which create a lucrative demand for the market.

The sugar substitutes like stevia, sorbitol, aspartame, neotame, maltitol, acesulfame, and D-tagatose have less sugar levels and do not raise blood sugar. Thus rising diabetes and obesity are driving the demand for sugar substitute market. According to World Obesity Organization, in India, there has been a rise in the prevalence of overweight; in the year 2019-2020, 18.7% of adults, 20% of men and 17.2% of women were overweight which increased to 23%, 22%, and 24% respectively by 2020-21. Also, according to Global Wellness Institute, the healthy eating, weight loss & nutrition section in wellness sectors grew from USD 912 billion in 2019 to USD 946 billion in 2020. As a result, growing health-conscious consumers will create lucrative demand for the market during the forecast period. Additionally, rising investments in R&D activities by manufacturers to develop newer and enhanced products would create a lucrative opportunity for the market during the forecast period. However, the ambiguity related to health problems due to the consumption of sugar substitutes stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Sugar Substitutes Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the presence of major players, rising health consciousness and growing awareness of low-calorie food consumption in the region. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period. Factors such as rising diabetes and obesity and growing health consciousness among consumers would create lucrative growth prospects for the Sugar Substitutes market across Asia Pacific region.

Major market players included in this report are:

Cargill Incorporated (U.S.)

Tale & Lyle (U.K.)

ADM (U.S.)

Ingredion Incorporated (U.S.)

Roquette Freres (France)

Real Stevia Company (Sweden)

Pyure Brands LLC (U.S.)

JK Sucralose Inc. (China)

DuPont (U.S.)

Ajinomoto Co. Inc. (Japan)

Recent Developments in the Market:

In 2021, Plant-based sweetener manufacturer B.T. Sweets launched a plant-based sweetener comprised of soluble fibres, monk fruit, and specific botanicals.
In 2022, Swerve, a U.S. based producer of plant-based sweeteners, announced its plans to launch customised sugar substitute products and packets for U.S. consumers looking for baking products.

Global Sugar Substitutes Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Composition, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

High-fructose syrup

High-intensity sweeteners

Low-intensity sweeteners

By Composition:

High-intensity sweeteners (HIS)

Low-intensity sweeteners

By Application:

Food products

Beverages

Health & personal care

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Sugar Substitutes Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Sugar Substitutes Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Sugar Substitutes Market, by Composition, 2019-2029 (USD Billion)
- 1.2.4. Sugar Substitutes Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Sugar Substitutes Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Sugar Substitutes Market Dynamics

3.1. Sugar Substitutes Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising obesity and diabetic populations
  - 3.1.1.2. Growing health consciousness among consumers
- 3.1.2. Market Challenges
  - 3.1.2.1. Ambiguity related to health problems due to the consumption of sugar substitutes
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising investments in R&D activities

Chapter 4. Global Sugar Substitutes Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Sugar Substitutes Market, by Type

6.1. Market Snapshot
6.2. Global Sugar Substitutes Market by Type, Performance - Potential Analysis
6.3. Global Sugar Substitutes Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Sugar Substitutes Market, Sub Segment Analysis
- 6.4.1. High-fructose syrup
- 6.4.2. High-intensity sweeteners
- 6.4.3. Low-intensity sweeteners

Chapter 7. Global Sugar Substitutes Market, by Composition

7.1. Market Snapshot
7.2. Global Sugar Substitutes Market by Composition, Performance - Potential Analysis
7.3. Global Sugar Substitutes Market Estimates & Forecasts by Composition 2019-2029 (USD Billion)
7.4. Sugar Substitutes Market, Sub Segment Analysis
- 7.4.1. High-intensity sweeteners (HIS)
- 7.4.2. Low-intensity sweeteners

Chapter 8. Global Sugar Substitutes Market, by Application

8.1. Market Snapshot
8.2. Global Sugar Substitutes Market by Application, Performance - Potential Analysis
8.3. Global Sugar Substitutes Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Sugar Substitutes Market, Sub Segment Analysis
- 8.4.1. Food products
- 8.4.2. Beverages
- 8.4.3. Health & personal care

Chapter 9. Global Sugar Substitutes Market, Regional Analysis

9.1. Sugar Substitutes Market, Regional Market Snapshot
9.2. North America Sugar Substitutes Market
- 9.2.1. U.S. Sugar Substitutes Market
  - 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Composition breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Sugar Substitutes Market
9.3. Europe Sugar Substitutes Market Snapshot
- 9.3.1. U.K. Sugar Substitutes Market
- 9.3.2. Germany Sugar Substitutes Market
- 9.3.3. France Sugar Substitutes Market
- 9.3.4. Spain Sugar Substitutes Market
- 9.3.5. Italy Sugar Substitutes Market
- 9.3.6. Rest of Europe Sugar Substitutes Market
9.4. Asia-Pacific Sugar Substitutes Market Snapshot
- 9.4.1. China Sugar Substitutes Market
- 9.4.2. India Sugar Substitutes Market
- 9.4.3. Japan Sugar Substitutes Market
- 9.4.4. Australia Sugar Substitutes Market
- 9.4.5. South Korea Sugar Substitutes Market
- 9.4.6. Rest of Asia Pacific Sugar Substitutes Market
9.5. Latin America Sugar Substitutes Market Snapshot
- 9.5.1. Brazil Sugar Substitutes Market
- 9.5.2. Mexico Sugar Substitutes Market
- 9.5.3. Rest of Latin America Sugar Substitutes Market
9.6. Rest of The World Sugar Substitutes Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Cargill Incorporated (U.S.)
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Tale & Lyle (U.K.)
- 10.2.3. ADM (U.S.)
- 10.2.4. Ingredion Incorporated (U.S.)
- 10.2.5. Roquette Freres (France)
- 10.2.6. Real Stevia Company (Sweden)
- 10.2.7. Pyure Brands LLC (U.S.)
- 10.2.8. JK Sucralose Inc. (China)
- 10.2.9. DuPont (U.S.)
- 10.2.10. Ajinomoto Co. Inc. (Japan)

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Sugar Substitutes Market, report scope
TABLE 2. Global Sugar Substitutes Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Sugar Substitutes Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Sugar Substitutes Market estimates & forecasts by Composition 2019-2029 (USD Billion)
TABLE 5. Global Sugar Substitutes Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Sugar Substitutes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Sugar Substitutes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Sugar Substitutes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Sugar Substitutes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Sugar Substitutes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Sugar Substitutes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Sugar Substitutes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Sugar Substitutes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Sugar Substitutes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Sugar Substitutes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Sugar Substitutes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Sugar Substitutes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Sugar Substitutes Market
TABLE 71. List of primary sources, used in the study of global Sugar Substitutes Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Sugar Substitutes Market, research methodology
FIG 2. Global Sugar Substitutes Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Sugar Substitutes Market, key trends 2021
FIG 5. Global Sugar Substitutes Market, growth prospects 2022-2029
FIG 6. Global Sugar Substitutes Market, porters 5 force model
FIG 7. Global Sugar Substitutes Market, pest analysis
FIG 8. Global Sugar Substitutes Market, value chain analysis
FIG 9. Global Sugar Substitutes Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Sugar Substitutes Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Sugar Substitutes Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Sugar Substitutes Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Sugar Substitutes Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Sugar Substitutes Market, regional snapshot 2019 & 2029
FIG 15. North America Sugar Substitutes Market 2019 & 2029 (USD Billion)
FIG 16. Europe Sugar Substitutes Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Sugar Substitutes Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Sugar Substitutes Market 2019 & 2029 (USD Billion)
FIG 19. Global Sugar Substitutes Market, company Market share analysis (2021)