The global High-Intensity Sweeteners market reached a value of about USD 6146 million in 2021. The industry is projected to grow at a CAGR of around 2.6% in the forecast period of 2022-2027 to reach a value of about USD 6998 million by 2027.
The global High-Intensity Sweeteners industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The rising health consciousness among individuals is driving the market growth. The Asia Pacific is the highest category spender by region, driving the demand for the High-Intensity Sweeteners industry.
Sugar replacements used in lower concentrations than other sweetening agents, such as sucrose, and lower calorie values are known as high-intensity sweeteners. These are generally sweeter than sugar but only require a fraction of the amount of sugar to attain the same sweetness. It is frequently substituted for sugar because, although being significantly sweeter, its calorie value is extremely low or non-existent. The High-Intensity Sweeteners industry report comprises segments by type (sugar, sugar substitute (High-Intensity Sweetener, High Fructose Corn Syrup, Low-Intensity Sweeteners, Natural Sweeteners), by type (Aspartame, Acesulfame, Sucralose, Saccharin, Cyclamate, Stevia, Others), by application (Beverage, Food, Health Care, Tabletop Sweeteners, Others), and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
The Asia Pacific holds the largest share in the industry as China is the world's largest producer of high-intensity sweeteners. Furthermore, due to an increase in the number of diabetics and the adoption of a healthy lifestyle, the market is witnessing extreme growth. The market is likely to propel other factors such as rising living standards, changing lifestyles, and intensive branding by food makers.
The industry is being driven by the extensive application of the product in the food and beverage industry. Sugar replacements are widely utilised in the food sector, including bakery, confectionery, frozen foods, and RTE meals. The growing usage of high-intensity sweeteners in soda fuels the global market for high-intensity sweeteners. The consumption of beverages is rapidly growing, particularly among millennials. The rising health consciousness among consumers leads to higher demand for low or nil calorie content products, furthering the industry's growth. Due to the prevalence of conditions like obesity and diabetes, there is a growing shift towards healthier alternatives, propelling the industry's expansion.
The global High-Intensity Sweeteners industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global High-Intensity Sweeteners regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
The majority of HIS are artificial sweeteners made by chemical syntheses, such as acesulfame K, aspartame, cyclamate, saccharin, and sucralose; a few, such as stevia extract, are natural items. Fermentation and synthesis techniques are used to produce artificial sweeteners. Aspartame and other HIS are made from the amino acids produced by direct fermentation. Several synthetic chemical routes can also create HIS. In general, phenylalanine is changed by combining it with a slightly modified aspartic acid after a reaction with methanol. Filtration removes the metal catalyst, and distilled solvent leaves a solid residue. The residue is purified by dissolving the residue in an aqueous ethanol solution and recrystallising it. The final powder form of HIS is created by filtering and drying these crystals.
The industry is witnessing growth as Regulatory agencies such as the FDA are projected to introduce and approve novel high-intensity sweeteners. The growing popularity of HIS mixes is expected to take the business forward even more. In addition, the cost-effectiveness of high-intensity sweeteners relative to sugar aids the industry's development. Also, increased consumer disposable income in Asian countries is likely to impact the market positively.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
The market for high-intensity sweeteners is very competitive, resulting in industry consolidation. The major companies in the high-intensity sweeteners sector have spent much on research and development to produce improved products that meet market demands. Furthermore, competitors are tactically diversified, resulting in even more severe competition. All these indicators indicate that global market competitiveness is modest.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Sweeteners Market Analysis
8.1 Key Industry Highlights
8.2 Global Sweeteners Historical Market (2017-2021)
8.3 Global Sweeteners Market Forecast (2022-2027)
8.4 Global Sweeteners Market by Type
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2017-2021)
18.104.22.168 Forecast Trend (2022-2027)
8.4.2 Sugar Substitute
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
184.108.40.206 Breakup by Type
220.127.116.11.1 High Intensity Sweetener
18.104.22.168.2 High Fructose Corn Syrup
22.214.171.124.3 Low Intensity Sweeteners
126.96.36.199.4 Natural Sweeteners
9 Global High Intensity Sweeteners Market Analysis
9.1 Key Industry Highlights
9.2 Global High Intensity Sweeteners Historical Market (2017-2021)
9.3 Global High Intensity Sweeteners Market Forecast (2022-2027)
9.4 Global High Intensity Sweeteners Market by Type
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
9.5 Global High Intensity Sweeteners Market by Application
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
9.5.3 Health Care
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
9.5.4 Tabletop Sweeteners
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
9.6 Global High Intensity Sweeteners Market by Region
9.6.1 Market Share
188.8.131.52 North America
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2017-2021)
10.1.2 Forecast Trend (2022-2027)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.2.1 Historical Trend (2017-2021)
10.2.2 Forecast Trend (2022-2027)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.3 Asia Pacific
10.3.1 Historical Trend (2017-2021)
10.3.2 Forecast Trend (2022-2027)
10.3.3 Breakup by Country
10.4 Latin America
10.4.1 Historical Trend (2017-2021)
10.4.2 Forecast Trend (2022-2027)
10.4.3 Breakup by Country
10.5 Middle East and Africa
10.5.1 Historical Trend (2017-2021)
10.5.2 Forecast Trend (2022-2027)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.4 South Africa
11 Market Dynamics
11.1 SWOT Analysis
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Price Analysis
12.1 Aspartame Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Acesulfame Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Sucralose Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Saccharin Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.5 Cyclamate Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.6 Stevia Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Global (HS Code: 292511, 293214) Trade Analysis
13.1 Major Importing Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Exporting Countries
13.2.1 By Value
13.2.2 By Volume
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Sinosweet Co., Ltd.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.2 Vitasweet Co., Ltd.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.3 Anhui Jinhe Industrial Co., Ltd.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.4 Cargill Inc.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.5 Ingredion Incorporated
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.6 Celanese Corporation
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.7 Celanese Corporation
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.8 Pure Circle
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.9 Tate & Lyle PLC
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
15 Industry Events and Developments
The global High-Intensity Sweeteners market size was valued at USD 6146 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 2.6%.
The significant demand for low-calorie sugar substitutes is an essential driver of the High-Intensity Sweeteners market growth.
Sinosweet Co., Ltd., Vitasweet Co., Ltd., Anhui Jinhe Industrial Co., Ltd., Cargill Inc., and Ingredion Incorporated are the prominent players in the market.
The Asia Pacific region of the High-Intensity Sweeteners industry holds a significant share in the market.
The global High-Intensity Sweeteners market attained a value of USD 6146 million in 2021, driven by the extensive application of the product in the food and beverage industry. The rising health consciousness among consumers leads to higher demand for low or nil calorie content products, furthering the industry's growth. Aided by the Regulatory agencies such as the FDA are projected to introduce and approve novel high-intensity sweeteners; the market is expected to witness a further increase in the forecast period of 2022-2027, growing at a CAGR of 2.6%. The market is projected to reach USD 6998 million by 2027. Some of the leading players in the industry are Sinosweet Co., Ltd., Vitasweet Co., Ltd., Anhui Jinhe Industrial Co., Ltd., Cargill Inc., and Ingredion Incorporated.
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