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According to the latest research, the global Sugar Substitute market size was valued at USD 6911.53 million in 2022 and is expected to expand at a CAGR of 5.17% during the forecast period, reaching USD 9353.14 million by 2028.
Sugar substitutes are chemical or plant-based substances used to sweeten or enhance the flavor of foods and drinks. Most sugar substitutes are many times sweeter than sugar. It takes a smaller amount of these sugar substitutes to provide the same level of sweetness. Some sugar substitutes are low in calories. Others have little to no calories.
Impacts from the long-term
Due to the slow recovery of logistics, sugar substitute relies on long-term orders and port spot to maintain normal production. This has a positive impact on the development of the sugar substitute market. In the long run, sugar substitute must have its own core competitiveness to survive, such as products, channels, marketing, management, technology, cost advantages, etc.
In this new crown epidemic, the lethal power for middle-aged and elderly patients and patients with long-term chronic diseases is particularly great. The whole people are paying great attention to the big health field, and consumer consumption trends are constantly changing. The concepts of reducing sugar, salt, and oil have gradually become the consensus of ordinary Kochi consumers, especially middle-aged and elderly people. Therefore, people may be more inclined to natural sweeteners in the future, so the sugar substitute market has great opportunities for development.
Product labeling and trade issues
International food safety and quality regulatory agencies are formulating more stringent food safety regulations. In addition to food testing and certification, these international regulatory agencies also force manufacturers to comply with food labeling rules and regulations. The governments of most countries are taking steps to implement food labelling laws in their countries. For example, Canada Consumer Product Packaging and Labeling Act and regulations force manufacturers to follow labels in order to provide uniform consumer product labeling and packaging methods and overcome the confusion of different requirements under other regulations. Regulatory agencies are strict on testing, certification, use, production and labeling the regulations pose a challenge to sugar substitute manufacturers.
Fluctuations in the price of raw materials
The price fluctuation of raw materials is the main factor restricting the development of sugar substitute industry. It is expected that the decline in raw material cultivation will affect the growing demand for sugar substitutes, which will lead to tight supply and lead to price increases during the forecast period. Raw materials are emerging crops in many countries. There are many varieties, and the wholesale and retail prices are also very different. Therefore, fluctuations in prices and availability have brought difficulties to processors and the food and beverage industry in production planning and procurement.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (47.73% in 2022).
Company Overview:
Allulose is one of the major players operating in the Sugar Substitute market, holding a share of 10.33% in 2022.
Tate & Lyle
Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. The Company segments include Specialty Food Ingredients and Bulk Ingredients. The Specialty Food Ingredients segment product categories include dairy, beverage, bakery and convenience.
Ingredion Incorporated
Ingredion is a leading global ingredients solutions company. They make sweeteners, starches, nutrition ingredients and biomaterials that are used by customers in everyday products from foods and beverages to paper and pharmaceuticals.
Segmentation Overview:
By type, Xylitol segment accounted for the largest share of market in 2021.
Application Overview:
The market's largest segment by application is the segment Beverages, with a market share of 30.71% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Sugar Substitute industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Sugar Substitute. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Sugar Substitute Market Report Include:
Market Size Estimates: Sugar Substitute market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Sugar Substitute market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Sugar Substitute market
Segment Market Analysis: Sugar Substitute market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Sugar Substitute market situations and prospects in major and top regions and countries
Sugar Substitute Market
Sugar Substitute Industry Chain: Sugar Substitute market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Sugar Substitute Industry News, Policies by regions
Sugar Substitute Industry Porters Five Forces Analysis
Key players in the global Sugar Substitute market are covered in Chapter 2:
Roquette
JK Sucralose Inc
Cargill
Merisant Company
Zhejiang Huakang Pharmaceutical
ADM
NutraSweet
Tate & Lyle
Ajinomoto
Ingredion Incorporated
International Flavors & Fragrances (IFF)
In Chapter 6 and Chapter 9, on the basis of types, the Sugar Substitute market from 2018 to 2028 is primarily split into:
Allulose
Tagatose
Ace.k
Aspartame
Sucralose
Stevia
Maltitol
Erythritol
Xylitol
Monk Fruit
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Sugar Substitute market from 2018 to 2028 covers:
Dairy
Beverages
Confectionary and Bakery
Processed Food
Pharmaceuticals
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Sugar Substitute market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Sugar Substitute industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Sugar Substitute market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Sugar Substitute industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Sugar Substitute market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Sugar Substitute market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Sugar Substitute market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Sugar substitutes are chemical or plant-based substances used to sweeten or enhance the flavor of foods and drinks. Most sugar substitutes are many times sweeter than sugar. It takes a smaller amount of these sugar substitutes to provide the same level of sweetness. Some sugar substitutes are low in calories. Others have little to no calories.
Impacts from the long-term
Due to the slow recovery of logistics, sugar substitute relies on long-term orders and port spot to maintain normal production. This has a positive impact on the development of the sugar substitute market. In the long run, sugar substitute must have its own core competitiveness to survive, such as products, channels, marketing, management, technology, cost advantages, etc.
In this new crown epidemic, the lethal power for middle-aged and elderly patients and patients with long-term chronic diseases is particularly great. The whole people are paying great attention to the big health field, and consumer consumption trends are constantly changing. The concepts of reducing sugar, salt, and oil have gradually become the consensus of ordinary Kochi consumers, especially middle-aged and elderly people. Therefore, people may be more inclined to natural sweeteners in the future, so the sugar substitute market has great opportunities for development.
Product labeling and trade issues
International food safety and quality regulatory agencies are formulating more stringent food safety regulations. In addition to food testing and certification, these international regulatory agencies also force manufacturers to comply with food labeling rules and regulations. The governments of most countries are taking steps to implement food labelling laws in their countries. For example, Canada Consumer Product Packaging and Labeling Act and regulations force manufacturers to follow labels in order to provide uniform consumer product labeling and packaging methods and overcome the confusion of different requirements under other regulations. Regulatory agencies are strict on testing, certification, use, production and labeling the regulations pose a challenge to sugar substitute manufacturers.
Fluctuations in the price of raw materials
The price fluctuation of raw materials is the main factor restricting the development of sugar substitute industry. It is expected that the decline in raw material cultivation will affect the growing demand for sugar substitutes, which will lead to tight supply and lead to price increases during the forecast period. Raw materials are emerging crops in many countries. There are many varieties, and the wholesale and retail prices are also very different. Therefore, fluctuations in prices and availability have brought difficulties to processors and the food and beverage industry in production planning and procurement.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (47.73% in 2022).
Company Overview:
Allulose is one of the major players operating in the Sugar Substitute market, holding a share of 10.33% in 2022.
Tate & Lyle
Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. The Company segments include Specialty Food Ingredients and Bulk Ingredients. The Specialty Food Ingredients segment product categories include dairy, beverage, bakery and convenience.
Ingredion Incorporated
Ingredion is a leading global ingredients solutions company. They make sweeteners, starches, nutrition ingredients and biomaterials that are used by customers in everyday products from foods and beverages to paper and pharmaceuticals.
Segmentation Overview:
By type, Xylitol segment accounted for the largest share of market in 2021.
Application Overview:
The market's largest segment by application is the segment Beverages, with a market share of 30.71% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Sugar Substitute industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Sugar Substitute. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Sugar Substitute Market Report Include:
Market Size Estimates: Sugar Substitute market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Sugar Substitute market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Sugar Substitute market
Segment Market Analysis: Sugar Substitute market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Sugar Substitute market situations and prospects in major and top regions and countries
Sugar Substitute Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Sugar Substitute Industry Chain: Sugar Substitute market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Sugar Substitute Industry News, Policies by regions
Sugar Substitute Industry Porters Five Forces Analysis
Key players in the global Sugar Substitute market are covered in Chapter 2:
Roquette
JK Sucralose Inc
Cargill
Merisant Company
Zhejiang Huakang Pharmaceutical
ADM
NutraSweet
Tate & Lyle
Ajinomoto
Ingredion Incorporated
International Flavors & Fragrances (IFF)
In Chapter 6 and Chapter 9, on the basis of types, the Sugar Substitute market from 2018 to 2028 is primarily split into:
Allulose
Tagatose
Ace.k
Aspartame
Sucralose
Stevia
Maltitol
Erythritol
Xylitol
Monk Fruit
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Sugar Substitute market from 2018 to 2028 covers:
Dairy
Beverages
Confectionary and Bakery
Processed Food
Pharmaceuticals
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Sugar Substitute market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Sugar Substitute industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Sugar Substitute market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Sugar Substitute industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Sugar Substitute market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Sugar Substitute market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Sugar Substitute market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
