Global Artificial Sweeteners Market Anticipated To Augment At A CAGR Of Over 3.4% By 2032

23-Oct-2024 | Zion Market Research

As per Zion Market Research, the global artificial sweetener market is estimated to advance at a CAGR of around 3.4%, during the forecasted period 2024 – 2032. The artificial sweeteners are sweeter with low energy density compared to table sugar. The artificial sweeteners are widely used in the food & beverage industry—including dressings, baked goods, sauces, soft drinks, jellies, chewing gum, candy, fruit juice, and ice cream, etc. The soft drink industry is identified to have the highest consumption of artificial sweeteners owing to the surging demand for diet and low sugar beverages. The toxicological confirmation and the apprehensions concerning artificial sweeteners’ safety are the major restraints of the market.

Some of the key players in the market are Ingredion, Cargill, Tate and Lyle, Archer Daniels Midland Company, Celanese Corporation, and Ajinomoto Co., Inc.

Increased Use Of Artificial Sweeteners In The Beverage Industry To Accelerate The Growth Of The Global Market

Artificial sweeteners have nearly replaced sugar in the beverage industry, particularly in the soft drink section. Popular sweeteners such as—aspartame, acesulphame-K, cyclamate, and sucralose—are the main substitutes of sugar in soft drinks, particularly in carbonated beverages. The clean label and natural profile of the artificial sweeteners are the key aspects that are driving the market. Furthermore, in fizzy drinks, the quantity of sugar can be decreased without modifying its taste and appearance, which has boosted the beverage manufacturers to replace sugar with artificial sweeteners. The decreased cost of manufacturing and the better financial system of scale are also fueling the expansion of the global artificial sweetener market.

The global artificial sweetener market is bifurcated on the basis of type, applications, and regional analysis. Based on the type, the market is divided into aspartame, monosodium glutamate, acesulfame-K, sodium benzoate, and saccharin. Based on the application, the market is divided into dairy products, bakery items, beverages, confectionery, supermarkets & hypermarkets, distribution channels, convenience stores, departmental stores, and others.

The Asia Pacific Region Projected To Become The Largest Market For Artificial Sweeteners

Based on geographical analysis, the global artificial sweetener market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The augmentation in health awareness amongst the consumers, consciousness about diabetes & obesity, and the amount of calorie intake are the driving factors of the global artificial sweetener market across the region. A trend of shedding weight is also spotted in the region that decreases the use of table sugar and fuels the artificial sugar market. The enhanced economic circumstances and the altering lifestyles have induced the surged demand for convenience foods.

Browse the full “Artificial Sweetener Market - By Type (Aspartame, Monosodium Glutamate, Acesulfame-K, Sodium Benzoate, And Saccharin), By Applications (Dairy Products, Bakery Items, Beverages, Confectionery, Supermarkets & Hypermarkets, Distribution Channel, Convenience Stores, Departmental Stores, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/artificial-sweeteners-market

The global artificial sweetener market is segmented as follows:

By type:

  • Acesulfame-K
  • Aspartame
  • Saccharin
  • Monosodium Glutamate
  • Sodium Benzoate

By application:

  • Confectionery
  • Beverages
  • Bakery items
  • Dairy products
  • Departmental stores
  • Distribution channels
  • Supermarkets & hypermarkets
  • Convenience stores
  • Others

By region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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