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Global Low-calorie Sweeteners Market Size Study, by Type, by Source, by Application and Regional Forecasts 2024-2032

Global Low-calorie Sweeteners Market Size Study, by Type, by Source,...

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Global Low-calorie Sweeteners Market Size Study, by Type, by Source, by Application and Regional Forecasts 2024-2032
Global Low-calorie Sweeteners Market Size...
Report Code
RO7/103/1748

Publish Date
06/Nov/2024

Pages
200
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The Global Low-calorie Sweeteners Market, which was valued at USD 30.36 billion in 2023, is projected to register a compound annual growth rate (CAGR) of 4.7% during the forecast period from 2023 to 2032. As the global population becomes increasingly health-conscious, the demand for low-calorie alternatives to traditional sugar has surged. Low-calorie sweeteners, which account for approximately 20% of the global sweetener market, provide a healthier alternative by reducing sugar intake and mitigating associated health risks such as obesity and diabetes.

The market's growth is largely driven by the rising prevalence of lifestyle disorders that have prompted consumers to seek healthier food options. This shift in consumer behavior has encouraged manufacturers to incorporate low-calorie sweeteners like stevia, aspartame, neotame, and sucralose into their products. These sweeteners offer the same taste as sugar while providing fewer calories, making them ideal for those looking to maintain a balanced diet without compromising on taste. Furthermore, the post-pandemic focus on healthier eating habits has amplified the demand for low-calorie sweeteners. Consumers are increasingly turning to products that contain natural, low-calorie sweeteners, such as stevia, which is not only cholesterol-free but also vegan-friendly. This trend is reflected in the expansion of product portfolios by key market players who are focusing on natural sources to meet the growing demand.

Low-calorie sweeteners are extensively used across various industries, including food & beverages, pharmaceuticals, and personal care products. They are integral to the production of low-calorie or sugar-free foods and beverages, particularly for individuals with diabetes, obesity, or high cholesterol. Moreover, their applications extend to pharmaceuticals, where they are used in the manufacturing of medications and supplements, as well as in personal care products such as toothpaste and mouthwash.

The key regions considered in the study include Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. the North America. remains a significant market for low-calorie sweeteners due to the rising prevalence of obesity and related health disorders. In Europe, Germany is witnessing increased demand for low-calorie sweeteners as consumers shift away from high-calorie desserts. In China, the market is driven by the growing diabetic population, where low-calorie sweeteners offer a viable alternative to traditional sugar.

Major market players included in this report are:
Tate and Lyle
Archer Daniels Midland
I. du Pont de Nemours and Company
Cargill Inc.
Nestle S.A.
Ajinomoto Co., Inc.
Foodchem International Corporation
Ingredion Inc.
Celanese Corporation
NutraSweet
PureCircle Ltd.
Stevia Corp.
The Coca-Cola Company
PepsiCo, Inc.
Evolva Holding SA
The detailed segments and sub-segment of the market are explained below:
By Type:
Stevia
Aspartame
Neotame
Advantame
Sucralose
Saccharin
Acesulfame Potassium
By Source:
Natural
Artificial
By Application:
Food and Beverages
Bakery Products
Oral Care Products
Dairy Products
Sauces
Soft Drinks
Pharmaceuticals
By Region:
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
South Africa
Saudi Arabia
Rest of Middle East & Africa
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

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