Chat with us, powered by LiveChat
Procurement Resource Thumbnail Book Image

Global High-Intensity Sweeteners Industry Report: Country Overview; Key Segmentation and Scope; by Type; Industry Highlights; Opportunities and Challenges; Properties and Applications; Market Dynamics; Market Structure; Porter’s Five Forces Analysis: Supplier’s Power, Degree of Rivalry, Threat of Substitutes; Market Analysis; Market Dynamics; Competitive Landscape; Industry Events and Developments, 2022-2027

High-Intensity Sweeteners Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices


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.

Industry Definition and Segmentation

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 Region is Driving the Growth of the Industry

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.

Best Procurement Practices

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.

Category Management Studies

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.

Various Market Factors, Further Driving the Procurement of High-Intensity Sweeteners

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.

Key Industry Players Mentioned in the High-Intensity Sweeteners Industry Report

  • Sinosweet Co., Ltd.
  • Vitasweet Co., Ltd.
  • Anhui Jinhe Industrial Co., Ltd.
  • Cargill Inc.
  • Ingredion Incorporated

Market Landscape

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.

Key Initiatives by Companies

  • 31 May 2022- According to the firm's senior executive, Cargill India Pvt Ltd, wants to go national with its digital platform "Digital Saathi" over the next five years to develop a business model "ultimately.
  • First-quarter 2022 stated and corrected EPS* were USD 1.92 and USD 1.95, respectively, compared to USD 3.66 and USD 1.85, respectively, in the first quarter of 2021.

1    Preface
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

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
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
        8.4.1    Sugar
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Sugar Substitute
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
            8.4.2.4    Breakup by Type
                8.4.2.4.1    High Intensity Sweetener
                8.4.2.4.2    High Fructose Corn Syrup
                8.4.2.4.3    Low Intensity Sweeteners
                8.4.2.4.4    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
        9.4.1    Aspartame
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2017-2021)
            9.4.1.3    Forecast Trend (2022-2027)
        9.4.2    Acesulfame
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2017-2021)
            9.4.2.3    Forecast Trend (2022-2027)
        9.4.3    Sucralose
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2017-2021)
            9.4.3.3    Forecast Trend (2022-2027)
        9.4.4    Saccharin
            9.4.4.1    Market Share
            9.4.4.2    Historical Trend (2017-2021)
            9.4.4.3    Forecast Trend (2022-2027)
        9.4.5    Cyclamate
            9.4.5.1    Market Share
            9.4.5.2    Historical Trend (2017-2021)
            9.4.5.3    Forecast Trend (2022-2027)
        9.4.6    Stevia
            9.4.6.1    Market Share
            9.4.6.2    Historical Trend (2017-2021)
            9.4.6.3    Forecast Trend (2022-2027)
        9.4.7    Others
    9.5    Global High Intensity Sweeteners Market by Application
        9.5.1    Beverage
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2017-2021)
            9.5.1.3    Forecast Trend (2022-2027)
        9.5.2    Food
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2017-2021)
            9.5.2.3    Forecast Trend (2022-2027)
        9.5.3    Health Care
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2017-2021)
            9.5.3.3    Forecast Trend (2022-2027)
        9.5.4    Tabletop Sweeteners
            9.5.4.1    Market Share
            9.5.4.2    Historical Trend (2017-2021)
            9.5.4.3    Forecast Trend (2022-2027)
        9.5.5    Others
    9.6    Global High Intensity Sweeteners Market by Region
        9.6.1    Market Share
            9.6.1.1    North America
            9.6.1.2    Europe
            9.6.1.3    Asia Pacific
            9.6.1.4    Latin America
            9.6.1.5    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 
            10.1.3.2    Canada
    10.2    Europe
        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
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2017-2021)
        10.3.2    Forecast Trend (2022-2027)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2017-2021)
        10.4.2    Forecast Trend (2022-2027)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    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
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
11    Market Dynamics
    11.1    SWOT Analysis
    11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    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.
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Vitasweet Co., Ltd.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Anhui Jinhe Industrial Co., Ltd.
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Cargill Inc. 
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Ingredion Incorporated
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6     Celanese Corporation
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Celanese Corporation
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    Pure Circle
            14.2.8.1    Company Overview
            14.2.8.2    Product Portfolio
            14.2.8.3    Demographic Reach and Achievements
            14.2.8.4    Certifications
        14.2.9    Tate & Lyle PLC
            14.2.9.1    Company Overview
            14.2.9.2    Product Portfolio
            14.2.9.3    Demographic Reach and Achievements
            14.2.9.4    Certifications
        14.2.10    Others
15    Industry Events and Developments

Request Sample
Key Questions Answered in the Report

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.

Analyst Review

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.

Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.

Compare test & Choose the Right Report Version for You

Why Procurement Resource?

RIGHT PEOPLE

At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.

RIGHT METHODOLOGY

We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.

RIGHT PRICE

Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.

RIGHT SUPPORT

Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.

Similar Reports
Global HEOR Service Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.

Read More
Global Nutmeg Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.

Read More
Global Artificial Intelligence Market: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.

Read More

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences which help us to enhance our services. For further information review our Privacy Policy