Market By Product, Application, And Geography | Forecast 2021-2028
Triton Market Research calculates that the market for alternative sweeteners is expected to surge with a CAGR of 3.48% during the forecast period, reaping revenue worth $1823.23 million by 2028. In 2020, the market acquired $1389.41 million.
Alternative sweeteners are used as low-calorie food additives as they have a lower glycemic index, keeping insulin levels relatively unaltered after consumption. The alternative sweeteners market is driven by the demand for low-calorie sweeteners, coupled with the rising incidence of diabetes.
Triton’s report on the alternative sweeteners market presents a detailed insight into the market. The comprehensive analysis of the market includes key market insights, Porter’s five forces analysis, key market strategies, vendor scorecard, COVID-19 impact, and market attractiveness index.
As mentioned above, one of the key factors motivating the studied market’s growth is the growing prevalence of diabetes. For instance, according to the International Diabetes Federation 2017, approximately 425 million people suffered from diabetes, with one out of two people remaining undiagnosed.
Moreover, diabetic and non-diabetic consumers are becoming relatively vigilant with age. In North America, diabetic people above 45 years are encouraged by medical practitioners to incorporate alternative sweeteners in their diet. Hence, the growing cases of diabetes and obesity are likely to influence the demand for alternative sweeteners.
Furthermore, diet-conscious consumers contemplate on sweetness to make purchase decisions. They primarily seek to include clean-label products in their diet plan. Besides, several companies have decreased conventional sugar use in their products, thereby fueling the growth of the alternative sweeteners market.
However, governments have imposed sugar usage regulations in food products to curb the growing incidence of obesity and diabetes. Thus, the strict regulations levied on the sweeteners industry are major restricting the studied market’s growth.
Key geographies covered in the global alternative sweeteners market include:
•          North America: United States and Canada
•          Europe: United Kingdom, France, Germany, Italy, Spain, Russia, and Rest of Europe
•          Asia-Pacific: China, Japan, India, South Korea, ASEAN Countries, Australia & New Zealand, and Rest of Asia-Pacific
•          Latin America: Brazil, Mexico, and Rest of Latin America
•          Middle East and Africa: United Arab Emirates, Turkey, Saudi Arabia, South Africa, and Rest of Middle East & Africa
The segmentation analysis of the alternative sweeteners market comprises:
•          Market by Product:
          o         High-Fructose Syrup
          o         High-Intensity Sweetener
                     •         Saccharin
                     •         Aspartame
                     •         Acesulfame potassium (Ace-K)
                     •         Sucralose
                     •         Neotame
                     •         Advantame
                     •         Steviol Glycosides
                     •         Monk Fruit Extract
          o         Low-Intensity Sweetener
•          Market by Application:
          o         Food
          o         Beverage
          o         Other Applications
The companies that have established business in the alternative sweeteners market are Celanese Corporation, Heartland Food Products Group, GLG Life Tech Corporation, Ajinomoto Co Inc, Dupont Nutrition & Health, Batory Foods, Hyet Sweet BV, Purecircle Ltd, Cargill Inc, Archer Daniels Midland, Associated British Foods, Tate & Lyle Plc, Ingredion Inc, Roquette Freres, and Naturex SA.       Â
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VIEW REPORT1. GLOBAL ALTERNATIVE SWEETENERS MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON ALTERNATIVE SWEETENERS MARKET
2.2. KEY INSIGHTS
2.2.1. INCREASE IN DEMAND FOR HIGH-INTENSITY SWEETENER AS A SUGAR SUBSTITUTE
2.2.2. USAGE OF SWEETENERS IN FOOD
2.2.3. RISING SIGNIFICANCE OF PRODUCT LABELLING
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. KEY MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT LAUNCHES
2.6.3. PARTNERSHIPS & AGREEMENTS
2.6.4. BUSINESS EXPANSIONS
2.7. MARKET DRIVERS
2.7.1. INCREASING INCIDENCE OF DIABETES
2.7.2. DEMAND FOR LOW-CALORIE SWEETENERS
2.8. MARKET RESTRAINTS
2.8.1. HEALTH PROBLEMS DUE TO OVERCONSUMPTION
2.8.2. REGULATIONS ON THE SWEETENERS INDUSTRY
2.8.3. GROWING CHALLENGES FOR FOOD MANUFACTURERS
2.9. MARKET OPPORTUNITIES
2.9.1. AWARENESS REGARDING BENEFITS OF SUGAR ALTERNATIVES
2.9.2. GROWING FOCUS ON ADVERTISING ACTIVITIES BY MAJOR COMPANIES
3. GLOBAL ALTERNATIVE SWEETENERS MARKET OUTLOOK - BY PRODUCT
3.1. HIGH-FRUCTOSE SYRUP
3.2. HIGH-INTENSITY SWEETENER
3.2.1. SACCHARIN
3.2.2. ASPARTAME
3.2.3. ACESULFAME POTASSIUM (ACE-K)
3.2.4. SUCRALOSE
3.2.5. NEOTAME
3.2.6. ADVANTAME
3.2.7. STEVIOL GLYCOSIDES
3.2.8. MONK FRUIT EXTRACT
3.3. LOW-INTENSITY SWEETENER
4. GLOBAL ALTERNATIVE SWEETENERS MARKET OUTLOOK - BY APPLICATION
4.1. FOOD
4.2. BEVERAGE
4.3. OTHER APPLICATIONS
5. GLOBAL ALTERNATIVE SWEETENERS MARKET – REGIONAL OUTLOOK
5.1. NORTH AMERICA
5.1.1. MARKET BY PRODUCT
5.1.1.1. MARKET BY HIGH-INTENSITY SWEETENER
5.1.2. MARKET BY APPLICATION
5.1.3. COUNTRY ANALYSIS
5.1.3.1. UNITED STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET BY PRODUCT
5.2.1.1. MARKET BY HIGH-INTENSITY SWEETENER
5.2.2. MARKET BY APPLICATION
5.2.3. COUNTRY ANALYSIS
5.2.3.1. UNITED KINGDOM
5.2.3.2. GERMANY
5.2.3.3. FRANCE
5.2.3.4. SPAIN
5.2.3.5. ITALY
5.2.3.6. RUSSIA
5.2.3.7. REST OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET BY PRODUCT
5.3.1.1. MARKET BY HIGH-INTENSITY SWEETENER
5.3.2. MARKET BY APPLICATION
5.3.3. COUNTRY ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. SOUTH KOREA
5.3.3.5. ASEAN COUNTRIES
5.3.3.6. AUSTRALIA & NEW ZEALAND
5.3.3.7. REST OF ASIA-PACIFIC
5.4. LATIN AMERICA
5.4.1. MARKET BY PRODUCT
5.4.1.1. MARKET BY HIGH-INTENSITY SWEETENERS
5.4.2. MARKET BY APPLICATION
5.4.3. COUNTRY ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST OF LATIN AMERICA
5.5. MIDDLE EAST AND AFRICA
5.5.1. MARKET BY PRODUCT
5.5.1.1. MARKET BY HIGH-INTENSITY SWEETENERS
5.5.2. MARKET BY APPLICATION
5.5.3. COUNTRY ANALYSIS
5.5.3.1. UNITED ARAB EMIRATES
5.5.3.2. TURKEY
5.5.3.3. SAUDI ARABIA
5.5.3.4. SOUTH AFRICA
5.5.3.5. REST OF MIDDLE EAST & AFRICA
6. COMPETITIVE LANDSCAPE
6.1. AJINOMOTO CO INC
6.2. ASSOCIATED BRITISH FOODS
6.3. ARCHER DANIELS MIDLAND
6.4. BATORY FOODS
6.5. CARGILL INC
6.6. CELANESE CORPORATION
6.7. DUPONT NUTRITION & HEALTH
6.8. GLG LIFE TECH CORPORATION
6.9. HYET SWEET BV
6.10. HEARTLAND FOOD PRODUCTS GROUP
6.11. INGREDION INC
6.12. NATUREX SA
6.13. PURECIRCLE LTD
6.14. ROQUETTE FRERES
6.15. TATE & LYLE PLC
7. METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
TABLE 1: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS INDEX
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCHES
TABLE 6: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 7: LIST OF BUSINESS EXPANSIONS
TABLE 8: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 9: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $ MILLION)
TABLE 10: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 11: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA ALTERNATIVE SWEETENERS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 16: EUROPE ALTERNATIVE SWEETENERS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 17: EUROPE ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 18: EUROPE ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $ MILLION)
TABLE 19: EUROPE ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 20: ASIA-PACIFIC ALTERNATIVE SWEETENERS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 21: ASIA-PACIFIC ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 22: ASIA-PACIFIC ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $ MILLION)
TABLE 23: ASIA-PACIFIC ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 24: LATIN AMERICA ALTERNATIVE SWEETENERS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 25: LATIN AMERICA ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 26: LATIN AMERICA ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENERS, 2021-2028 (IN $ MILLION)
TABLE 27: LATIN AMERICA ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 28: MIDDLE EAST AND AFRICA ALTERNATIVE SWEETENERS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 29: MIDDLE EAST AND AFRICA ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 30: MIDDLE EAST AND AFRICA ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENERS, 2021-2028 (IN $ MILLION)
TABLE 31: MIDDLE EAST AND AFRICA ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2020 & 2028
FIGURE 3: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY HIGH-FRUCTOSE SYRUP, 2021-2028 (IN $ MILLION)
FIGURE 4: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $ MILLION)
FIGURE 5: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2020 & 2028
FIGURE 6: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY SACCHARIN, 2021-2028 (IN $ MILLION)
FIGURE 7: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY ASPARTAME, 2021-2028 (IN $ MILLION)
FIGURE 8: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY ACESULFAME POTASSIUM (ACE-K), 2021-2028 (IN $ MILLION)
FIGURE 9: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY SUCRALOSE, 2021-2028 (IN $ MILLION)
FIGURE 10: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY NEOTAME, 2021-2028 (IN $ MILLION)
FIGURE 11: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY ADVANTAME, 2021-2028 (IN $ MILLION)
FIGURE 12: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY STEVIOL GLYCOSIDES, 2021-2028 (IN $ MILLION)
FIGURE 13: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY MONK FRUIT EXTRACT, 2021-2028 (IN $ MILLION)
FIGURE 14: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY LOW-INTENSITY SWEETENER, 2021-2028 (IN $ MILLION)
FIGURE 15: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2020 & 2028
FIGURE 16: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY FOOD, 2021-2028 (IN $ MILLION)
FIGURE 17: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY BEVERAGE, 2021-2028 (IN $ MILLION)
FIGURE 18: GLOBAL ALTERNATIVE SWEETENERS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 19: GLOBAL ALTERNATIVE SWEETENERS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 20: UNITED STATES ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 21: CANADA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: UNITED KINGDOM ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: GERMANY ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: FRANCE ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: SPAIN ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: ITALY ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: RUSSIA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: REST OF EUROPE ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: CHINA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 30: JAPAN ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 31: INDIA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 32: SOUTH KOREA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 33: ASEAN COUNTRIES ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 34: AUSTRALIA & NEW ZEALAND ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 35: REST OF ASIA-PACIFIC ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 36: BRAZIL ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 37: MEXICO ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 38: REST OF LATIN AMERICA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 39: UNITED ARAB EMIRATES ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 40: TURKEY ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 41: SAUDI ARABIA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 42: SOUTH AFRICA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 43: REST OF MIDDLE EAST & AFRICA ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)