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Alternative Sweetener Market to Develop at 4.2% CAGR till 2021, Increased Health Awareness Drives Growth

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The alternative sweeteners market is driven by the rise in demand for low-calorie, healthy, sugar-free foods and beverages worldwide. Additionally, the proliferation of diabetes and obesity and other related ailments such as cardiac disorders and h
Transparency Market
Research
Alternative Sweetener Market - Global Industry Analysis,
Size, Share, Growth and Forecast 2015 - 2021
Published Date
05-06-2015
75 Page Report
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Press Release
Global Alternative Sweetener Market to Cross US$15 bn by 2021, Rising
Demand for Low-Calorie Foods to Spur Growth
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Alternative Sweetener Market
REPORT DESCRIPTION
The alternative sweeteners market is driven by the rise in demand for low-calorie, healthy, sugar-free
foods and beverages worldwide. Additionally, the proliferation of diabetes and obesity and other related
ailments such as cardiac disorders and hypertension is boosting the demand for alternative sweeteners
worldwide. The global alternative sweeteners market is anticipated to develop at a CAGR of 4.2% from
2015 to 2021 and reach a value of US$15,466.7 million by 2021. Alternative sweeteners can be used in a
diverse range of beverages and foods such as diet carbonated drinks, candy and confectionary, table top
sweeteners, and dairy products. Alternative sweeteners are also used in personal care and pharmaceutical
products such as mouth wash, chewable tablets, and others.
Increasing Health Consciousness Drives Global Alternative Sweeteners Market
Rising prices of sugar and increased health consciousness of consumers have driven the global alternative
sweetener market in recent years. However, food safety regulations and excessive consumption of sugar
substitutes, which come with their own set of health problems, are limiting factors for the alternative
sweeteners market. However, recent research has discovered that low-calorie sweeteners do not increase
cancer risk. The use of natural alternative sweeteners can help reduce carbohydrate intake, manage
calories, and improve overall health. Artificial sweeteners are favored over table sugar by health-conscious
consumers due to their low calorie content. These factors can drive the market for low-calorie products and
thus alternative sweeteners.
The alternative sweeteners market’s segmentation is based on application, product type, and geography.
Product segments of the alternative sweeteners market are high-intensity sweeteners, low-intensity
sweeteners, and high fructose syrup. Among these, high-intensity sweeteners held the largest share in the
global market for alternative sweeteners in 2014 and are anticipated to grow at a steady CAGR of 3.4%
from 2015 to 2021.
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In the product type segments, high fructose syrup (HFS) occupied the second highest market share in
2014. The low-intensity sweetener segment is predicted to be the fastest growing product segment and is
expected to develop at a CAGR of 7.1% from 2015 to 2021. The application segments of the alternative
sweetener market include food, beverages, and others. In the application-based segmentation of the
alternative sweeteners market, the beverage sector generated the highest revenue in 2014.
Mexico and the U.S. to Lead Market, India and China Major Consumers
Among the geographical segments for alternative sweeteners, the North America market is expected to
lead the global market, growing at a CAGR of 3.6% over the next few years. In North America, the market
for alternative sweeteners was dominated by Mexico and the U.S.
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Alternative Sweetener Market
Asia Pacific is also anticipated to grow steadily in the alternative sweeteners market, followed by Europe. In
the Asia Pacific region, India and China are the major markets for alternative sweeteners and are expected
to record CAGR of 6.0% and 3.4%, respectively, from 2015 to 2021. In the Europe segment, Germany had
the highest revenues in 2014 and is expected to grow at a high CAGR over the next few years. Key players
that dominate the alternative sweeteners market are Ajinomoto Co., Inc., Ingredion Incorporated, Roquette
Frères S.A., Archer-Daniels-Midland Company, NutraSweet Company, Cargill, and Tate & Lyle Plc.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rising demand for low-calorie healthier food products
3.2.1.2 Demand for natural sugar substitutes
3.2.1.3 Rising prices of sugar creates a market for alternative sweetener
3.2.2 Market Restraints
3.2.2.1 Excess usage of sugar-free food products causes health problems
3.2.2.2 Food and safety regulations
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Alternative Sweetener Market
3.2.3 Market Opportunities
3.2.3.1 Increasing usage of alternative sweetener in diet soft drinks and foods
3.3 Market attractiveness by type
3.4 Major players
Chapter 4 Global Alternative Sweetener Market Analysis, by Product Type
4.1 Overview
4.2 High Fructose Syrup (HFS)
4.2.1 Market size and forecast, 2014 – 2021
4.3 High Intensity Sweetener (HIS)
4.3.1 Market size and forecast, 2014 – 2021
4.4 Low Intensity Sweetener (LIS)
4.4.1 Market size and forecast, 2014 – 2021
Chapter 5 Global Alternative Sweetener Market Analysis, by Application
5.1 Overview
5.2 Food
5.2.1 Market size and forecast, 2014 – 2021
5.3 Beverage
5.3.1 Market size and forecast, 2014 – 2021
5.4 Others
5.4.1 Market size and forecast, 2014 – 2021
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Chapter 6 Global Alternative Sweetener Market Analysis and Forecast, by Geography
6.1 Introduction
6.2 North America
6.2.1 North America alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.2.2 U.S.
6.2.2.1 U.S. alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.2.3 Canada
6.2.3.1 Canada alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.2.4 Mexico
6.2.4.1 Mexico alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.3 Europe
6.3.1 Europe alternative sweetener market size and forecast, 2014 – 2021 (USD million)
6.3.2 U.K.
6.3.2.1 U.K. alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.3.3 Italy
6.3.3.1 Italy alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.3.4 France
6.3.4.1 France alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.3.5 Germany
6.3.5.1 Germany alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.3.6 Rest of Europe
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Alternative Sweetener Market
6.3.6.1 Rest of Europe alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.4.2 India
6.4.2.1 India alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.4.3 China
6.4.3.1 China alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.4.4 Japan
6.4.4.1 Japan alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.4.5 Australia
6.4.5.1 Australia alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.4.6 Rest of Asia Pacific
6.4.6.1 Rest of Asia Pacific alternative sweetener market size and forecast, 2014 – 2021 (USD
Million)
6.5 Rest of the World (RoW)
6.5.1 RoW alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.5.2 Latin America
6.5.2.1 Latin America alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.5.3 Middle East
6.5.3.1 Middle East alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
6.5.4 Africa
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6.5.4.1 Africa alternative sweetener market size and forecast, 2014 – 2021 (USD Million)
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Author
Amy James
Amy James817   documents Email
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