Market by Product, Application, and Country | Forecast 2021-2028
Triton’s report has stated that the alternative sweeteners market in North America is probable to advance at a CAGR of 2.16% during the evaluated years 2021-2028.
The countries studied
in this market are:
• United States
• Canada
In North America, the
growing consumption of processed food and beverages, along with the rising
preference for alternative sweeteners by diabetic patients, is motivating the
growth of the reviewed market. Among the region’s nations, the United States
holds the largest share in the alternative sweeteners market, owing to the high
demand for low-calorie beverages.
Furthermore, the high
prevalence of diabetes and obesity has encouraged consumers to opt for
low-calorie sweeteners, such as stevia. Along with this, the rising health
concerns have compelled governments to monitor the manufacturing of sugar-based
food products. This has led companies to adopt alternative sweeteners in their
products to sustain in the market, propelling the alternative sweeteners
market’s progress.
In the United States,
the market is primarily driven by the growing awareness of sugar’s harmful
effects. As per a Stanford University study, high-intensity sweeteners help
decrease sugar consumption, lowering the risk of heart conditions and diabetes.
Such benefits have influenced consumers to replace sugar with high-intensity
sweeteners, expanding the growth of the alternative sweeteners market in the United
States.
Additionally, yogurt is
among the top food products opted by health-conscious consumers in the US.
However, most yogurts contain added sugar, which is not ideal for consumption.
This has encouraged consumers to buy yogurts that contain low sugar content.
Hence, this factor increases the need for alternative sweeteners, opening new
avenues for the alternative sweeteners market.
GLG Life Tech
Corporation is among the leading producers of zero-calorie natural sweeteners,
such as monk fruit and high-grade stevia extract. The company offers stevia
sweetening systems for application to various food & beverage companies
across the region, and other countries, including China. It has headquarters in
Canada.
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VIEW REPORT1. NORTH
AMERICA 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. NORTH
AMERICA 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. NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET OUTLOOK - BY APPLICATION
4.1. FOOD
4.2. BEVERAGE
4.3. OTHER
APPLICATIONS
5. NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET – REGIONAL OUTLOOK
5.1. UNITED
STATES
5.2. CANADA
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: MARKET
ATTRACTIVENESS INDEX
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF
ACQUISITIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
PARTNERSHIPS & AGREEMENTS
TABLE 6: LIST OF
BUSINESS EXPANSIONS
TABLE 7: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $
MILLION)
TABLE 10: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2020 & 2028
FIGURE 3: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY HIGH-FRUCTOSE SYRUP, 2021-2028 (IN $ MILLION)
FIGURE 4: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENERS, 2020 & 2028
FIGURE 5: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $
MILLION)
FIGURE 6: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY SACCHARIN, 2021-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY ASPARTAME, 2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY ACESULFAME POTASSIUM (ACE-K), 2021-2028 (IN $
MILLION)
FIGURE 9: NORTH AMERICA
ALTERNATIVE SWEETENERS MARKET, BY SUCRALOSE, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY NEOTAME, 2021-2028 (IN $ MILLION)
FIGURE 11: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY ADVANTAME, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY STEVIOL GLYCOSIDES, 2021-2028 (IN $
MILLION)
FIGURE 13: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY MONK FRUIT EXTRACT, 2021-2028 (IN $
MILLION)
FIGURE 14: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY LOW-INTENSITY SWEETENER, 2021-2028
(IN $ MILLION)
FIGURE 15: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2020 & 2028
FIGURE 16: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY FOOD, 2021-2028 (IN $ MILLION)
FIGURE 17: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY BEVERAGE, 2021-2028 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA ALTERNATIVE SWEETENERS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $
MILLION)
FIGURE 19: NORTH AMERICA
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)