Global Alternative Sweeteners Market (2021-2026) by Product Type, Application, Type, and Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis

The Global Alternative Sweeteners Market is estimated to be USD 5.35 Bn in 2021 and is expected to reach USD 7.07 Bn by 2026, growing at a CAGR of 5.73%.

Market Dynamics

Awareness of a healthy diet and healthy lifestyle helps in the growth of the Alternative Sweeteners Market. The end consumers are getting obese, and an increasing number of Diabetic patients has caused the shift of preference to low-Calorie Sweeteners. Alternative Sweeteners substitutes the sugar content within the product without affecting the insulin levels, thus lowering calories. Although Artificial Sweeteners have low-calorie content and are easy to digest, there remains ambiguity about the health-related issues arising from consuming the same. The industry provides multiple guidelines is restricting the growth of The Global Alternative Sweeteners Market.

Alternative Sweeteners has a wide range of applications in various industries, boosting the growth of the Global Alternative Sweeteners Market. The use of Alternative Sweeteners as a sugar Substitute in different food products, primarily in the Beverages Industry with the increasing number of development and consumption of beverages, will assist in the growth of the Global Alternative Sweeteners Market. However, the issues in manufacturing Alternative Sweeteners will impede the growth of the Global Alternative Sweeteners Market.

Market Segmentation

The Global Alternative Sweeteners Market is segmented further based on Product Type, Application, Type, and Geography.

By Product type, the market is classified into High Fructose Syrup (HFS), High-Intensity Sweetener (HIS), Low-intensity sweeteners (LIS). Amongst all, the High-Intensity Sweetener (HIS) segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified into Food products, Beverages, and others. Amongst all, the Beverages segment is estimated to hold the highest market share during the forecast period.

By Type, the market is classified as Artificial and Natural Sweeteners. Amongst all, the Natural Sweeteners segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Tate & Lyle, Kellogg partner on dietary fiber course-16th August 2021
2. Tate & Lyle PLC launched a new sustainability program to enable stevia growers in China to lower their environmental impact and gain greater economic benefits from the production of the calorie-free sweetener. - 8th August 2021
3. Tate & Lyle works to meet 'extreme' surge in allulose demand (The British company that was the first to put the natural sweetener on the market is trying to increase capacity for the ingredient as need outpaces supply.)-22nd July 2021
4. IFF completes merger with DuPont-s Nutrition Biosciences business. - 2nd February 2021
5. Amyris, Ingredion enter agreement on Reb M sweetener (fermented Rebaudioside M sweetener, which has no calories). - 5th April 2021
6. Neovia and Naturex are joining forces to study and develop plant extracts for Animal nutrition.. -
7. Ajinomoto Acquirimg Malaysian land to expand manufacturing in USD 21. 5m. - 21st February 2018

Company Profiles

Some of the companies covered in this report are Ajinomoto, Archer-Daniels-Midland, CARGILL, Dupont Nutrition & Health, Glg Life Tech, Ingredion, etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Alternative Sweeteners Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market