Market Overview
Canada Food Sweetener Market is growing at a CAGR of 1.21% during the forecast period (2019-2024).
Scope of the Report
Canada Food Sweetener Market is segmented by Type into Sucrose, Starch Sweeteners and Sugar Alcohols. By Application the market is segmented into Dairy, Bakery, Beverages, Confectionery, Soups, Sauces and Dressings and Others.
Key Market Trends
High Production of Maple Syrup
Maple syrup produced in Canada is increasingly being utilized as an ideal alternative to sugar, in a variety of foods, such as desserts and baked goods. The Canadian maple syrup industry accounts for a major share of the global maple syrup production and the country remains the leading global producer of maple syrup-based products. However, Canada’s market share has witnessed a decline in the market in 2017, due to rising competition from the United States. The Federation of Quebec Maple Syrup Producers and Vermont Maple Sugar Makers' Association are the two major cartels producing a major chunk of maple syrup. However, the stringent quota system and black marketing of maple syrup are hindering the overall market growth.
Growing Demand for Sugar Substitutes
Sugar substitutes are food additives that are used to duplicate the effect of sugar in taste, usually with less food energy. The majority of sugar substitutes approved for food use are artificially-synthesized compounds. However, some bulk natural sugar substitutes are known, including sorbitol and xylitol, which are found in berries, fruit, vegetables, and mushrooms. Sugar substitutes like stevia, aspartame, sucralose, neotame, acesulfame potassium, and saccharin. are approved by USDA and are categorized under GRAS in the North American region. Aspartame, a low-calorie artificial sweetener, has been permitted for use as a food additive in Canada since 1981. It is used in a number of foods, including soft drinks, desserts, breakfast cereals, and chewing gum. It is also available as a table-top sweetener.
Competitive Landscape
Canada Food Sweetener Market is a fragmented market with the presence of various large and small players. Players compete to grab the market with various product innovations such as introducing natural and clean label products, low calorie products etc. Players are also into expanding their product portfolio to make their stand in the market stronger.
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Canada Food Sweetener Market is growing at a CAGR of 1.21% during the forecast period (2019-2024).
- In Canada, sugar production capability is significantly low. The country has been relying on imports, since the past few decades, despite being a major region in the continent. South American countries are the primary exporters to Canada, and are subjected to related trade disputes.
- The country’s regulatory structure, especially for sugar substitutes, is highly extensive. Furthermore, it covers, both, natural and artificial sweeteners under the Food and Drugs Act and Regulations.
- In Canada, purified stevia extract is regulated as a food additive. It has undergone a full safety review, and was approved for use in various foods sold in Canada. Stevia is not considered safe is various countries, but the Canadian Health added stevia to its list of permitted sweeteners.
Scope of the Report
Canada Food Sweetener Market is segmented by Type into Sucrose, Starch Sweeteners and Sugar Alcohols. By Application the market is segmented into Dairy, Bakery, Beverages, Confectionery, Soups, Sauces and Dressings and Others.
Key Market Trends
High Production of Maple Syrup
Maple syrup produced in Canada is increasingly being utilized as an ideal alternative to sugar, in a variety of foods, such as desserts and baked goods. The Canadian maple syrup industry accounts for a major share of the global maple syrup production and the country remains the leading global producer of maple syrup-based products. However, Canada’s market share has witnessed a decline in the market in 2017, due to rising competition from the United States. The Federation of Quebec Maple Syrup Producers and Vermont Maple Sugar Makers' Association are the two major cartels producing a major chunk of maple syrup. However, the stringent quota system and black marketing of maple syrup are hindering the overall market growth.
Growing Demand for Sugar Substitutes
Sugar substitutes are food additives that are used to duplicate the effect of sugar in taste, usually with less food energy. The majority of sugar substitutes approved for food use are artificially-synthesized compounds. However, some bulk natural sugar substitutes are known, including sorbitol and xylitol, which are found in berries, fruit, vegetables, and mushrooms. Sugar substitutes like stevia, aspartame, sucralose, neotame, acesulfame potassium, and saccharin. are approved by USDA and are categorized under GRAS in the North American region. Aspartame, a low-calorie artificial sweetener, has been permitted for use as a food additive in Canada since 1981. It is used in a number of foods, including soft drinks, desserts, breakfast cereals, and chewing gum. It is also available as a table-top sweetener.
Competitive Landscape
Canada Food Sweetener Market is a fragmented market with the presence of various large and small players. Players compete to grab the market with various product innovations such as introducing natural and clean label products, low calorie products etc. Players are also into expanding their product portfolio to make their stand in the market stronger.
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tate & Lyle PLC
- Cargill Incorporated
- DuPont
- Ingredion Incorporated
- Ajinomoto Co., Inc.
- PureCircle Limited
- NutraSweet Company
- GLG Life Tech Corporation
- *List is not Exhaustive
Methodology
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