Tuesday, June 18, 2019

Alternative Sweeteners Market: Global Industry Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2018 to 2026

According to the latest report published by Credence Research, Inc. “Global Alternative Sweeteners Market By Source (Natural Alternative Sweeteners, Artificial Alternative Sweeteners), By Type (High-fructose Corn Syrup (HFCS), High-intensity Sweeteners, Low-intensity Sweeteners), By Application (Food, Beverages, Tabletop Sweeteners, Personal Care, Pharmaceuticals) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026,” the global alternative sweeteners market accounted for US$ 13232.4 Mn in 2017, expanding at a CAGR of 4.7% from 2018 to 2026.
Browse the full report Global Alternative Sweeteners Market - Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/alternative-sweeteners-market
Market Insights
The global alternative sweeteners accounted for US$ 13232.4 Mn in 2017 growing with a CAGR of 4.7% during the forecast period from 2018 to 2026. Alternative sweeteners are food additives that has low fat content and aims to duplicate the effect of sugar in taste. These products are often labelled as ‘low joule’, ‘diet’, or ‘no sugar’ and mainly finds application in various food and beverages products that includes soft drinks, desserts, cordials, jellies, ice-cream, yoghurt, chewing gum and cakes among others.
Rising number of consumer affected by diabetes is mainly driving the global market. Alternative sweeteners play an important role in weight loss and hence with the growing number of obese patients worldwide, the demand for it is expected to rise during the forecast period from 2018 to 2026.Increasing consumer awareness regarding healthy and improved lifestyle is also boosting the demand of this market. Trend shows that various regulatory bodies are focusing on introducing guidelines and norms with an objective to reduce the added sugar in food and beverages products. This in turn is driving the food and beverages companies to adopt alternative sweeteners to cater to the growing demand of health conscious consumers. Increasing demand for natural sweeteners is another factor driving the global market owing to consumer preference for healthy and natural food. Consumers are also shifting towards alternative sweeteners owing to the various health issues associated with the consumption of sugar.
The global alternative sweeteners market has been segmented by type, source, application and geography. In 2017, High-Fructose Corn Syrup (HFCS) segment held a major share of the global alternative sweeteners market by type. Increasing government regulations followed by high adoption rate of HFCS by food and beverages companies is expected to drive this segment. In terms of source, natural sweeteners segment held the largest revenue share in 2017 and is expected to be the fastest growing segment. In terms of application, beverages held major share of the global alternative sweeteners market owing to the rising application of alternative sweeteners in carbonated drinks and soft drinks among others. In terms of geography, North America is the most prominent market and held the largest market share in terms of value in the global alternative sweeteners market. High preference for processed food that includes chocolates and cakes among others followed by growing application in sports and energy drinks are primary factors driving the alternative sweeteners market in this region. In addition, with the rising number of obese and diabetic patients in this region, consumers are shifting towards alternative sweeteners adoption in their diets which in turn is expected to propel the market demand during the forecast period from 2018 to 2026.
Key players operating in the global alternative sweeteners market includes Archer-Daniels-Midland Company, Roquette Frères S.A., Kerry Group Plc, Ajinomoto Co. Inc., Cargill Incorporated, Ingredion Incorporated, Global Sweeteners Holdings Limited, NutraSweet Company, E. I. Dupont De Nemours and Company, Tate & Lyle Plc and Purecircle Ltd. among others.
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Table of Content
Chapter 1 Preface 15
1.1 Report Scope and Description 15
1.1.1 Study Purpose 15
1.1.2 Target Audience 15
1.1.3 USP and Key Offerings 15
1.2 Research Scope 16
1.3 Research Methodology 17
1.3.1 Phase I – Secondary Research 17
1.3.2 Phase II – Primary Research 18
1.3.3 Phase III – Expert Panel Review 18
1.3.4 Approach Adopted 18
1.3.4.1 Top-Down Approach 19
1.3.4.2 Bottom-Up Approach 19
1.3.5 Assumptions 20
1.4 Market Segmentation 20
Chapter 2 Executive Summary 21
2.1 Market Snapshot: Global Alternative Sweeteners Market 22
2.1.1 Global Alternative Sweeteners Market Value, by Source, 2017 (US$ Mn) 23
2.1.2 Global Alternative Sweeteners Market Value, by Type, 2017 (US$ Mn) 23
2.1.3 Global Alternative Sweeteners Market, by Application, 2017 (US$ Mn) 24
2.1.4 Global Alternative Sweeteners Market Value, by Region, 2017 (US$ Mn) 24
Chapter 3 Market Dynamics 25
3.1 Introduction 25
3.2 Market Dynamics 26
3.2.1 Market Drivers 26
3.2.1.1 Increasing Demand for Natural Alternative Sweeteners 26
3.2.1.2 Growing Consumer Preference for Healthy and Low Calorie Food 27
3.2.1.3 Driver 3 27
3.2.2 Market Restraints 28
3.2.2.1 Restraint 1 28
3.2.2.2 Restraint 2 28
3.2.3 Market Opportunity 29
3.2.3.1 Increasing Research and Development to Develop New Alternative Sweeteners by Using Advanced Technology 29
3.2.3.2 Opportunity 2 30
3.3 Attractive Investment Proposition, by Geography, 2017 31
3.4 Market Positioning of Key Players, 2017 32
Chapter 4 Global Alternative Sweeteners Market, by Source 33
4.1 Overview 33
4.1.1 Global Alternative Sweeteners Market Value Share, by Source, 2017 & 2026 (Value, %) 34
4.1.2 Global Alternative Sweeteners Market, by Source, 2016 – 2026 (US$ Mn) 34
4.2 Natural Alternative Sweeteners 35
4.2.1 Global Alternative Sweeteners Market, by Natural Alternative Sweeteners, 2016 – 2026 (US$ Mn) 35
4.3 Artificial Alternative Sweeteners 36
4.3.1 Global Alternative Sweeteners Market, by Artificial Alternative Sweeteners, 2016 – 2026 (US$ Mn) 36
Chapter 5 Global Alternative Sweeteners Market, by Type 37
5.1 Overview 37
5.1.1 Global Alternative Sweeteners Market Value Share, by Type, 2017 & 2026 (Value, %) 38
5.1.2 Global Alternative Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 38
5.2 High-Fructose Corn Syrup (HFCS) 39
5.2.1 Global Alternative Sweeteners Market, by High-Fructose Corn Syrup (HFCS), 2016 – 2026 (US$ Mn) 40
5.2.2 Global High-Fructose Corn Syrup (HFCS) Market, by Type, 2016 – 2026 (US$ Mn) 40
5.3 High-intensity sweeteners 41
5.3.1 Global Alternative Sweeteners Market, by High-intensity Sweeteners,2016 – 2026 (US$ Mn) 42
5.3.2 Global High-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 42
5.4 Low-intensity Sweeteners 43
5.4.1 Global Alternative Sweeteners Market, by Low-intensity Sweeteners, 2016 – 2026 (US$ Mn) 44
5.4.2 Global Low-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 44
Chapter 6 Global Alternative Sweeteners Market, by Application 45
6.1 Overview 45
6.1.1 Global Alternative Sweeteners Market Value Share, by Application, 2017 & 2026 (Value, %) 46
6.1.2 Global Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 46
6.2 Food 47
6.2.1 Global Alternative Sweeteners Market, by Food, 2016 – 2026 (US$ Mn) 47
6.2.2 Global Food Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 47
6.3 Beverages 48
6.3.1 Global Alternative Sweeteners Market, by Beverages, 2016 – 2026 (US$ Mn) 48
6.3.2 Global Beverages Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 48
6.4 Tabletop Sweeteners 49
6.4.1 Global Alternative Sweeteners Market, by Tabletop Sweeteners, 2016 – 2026 (US$ Mn) 49
6.5 Personal Care 50
6.5.1 Global Alternative Sweeteners Market, by Personal Care, 2016 – 2026 (US$ Mn) 50
6.6 Pharmaceuticals 51
6.6.1 Global Alternative Sweeteners Market, by Pharmaceuticals, 2016 – 2026 (US$ Mn) 51
Chapter 7 Global Alternative Sweeteners Market, by Geography 52
7.1 Overview 52
7.1.1 Global Alternative Sweeteners Market Value Share, by Geography, 2017 & 2026 (Value %) 53
7.1.2 Global Alternative Sweeteners Market, by Geography 2016 – 2026 (US$ Mn) 53
7.2 North America 54
7.2.1 North America Alternative Sweeteners Market, by Source 2016 – 2026 (US$ Mn) 54
7.2.2 North America Alternative Sweeteners Market, by Type 2016 – 2026 (US$ Mn) 55
7.2.3 North America High-Fructose Corn Syrup (HFCS) Market, by Type 2016 – 2026 (US$ Mn) 55
7.2.4 North America High-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 56
7.2.5 North America Low-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 56
7.2.6 North America Alternative Sweeteners Market, by Application 2016 – 2026 (US$ Mn) 57
7.2.7 North America Food Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 57
7.2.8 North America Beverages Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 58
7.2.9 North America Alternative Sweeteners Market, by Country (US$ Mn) 58
7.3 Europe 59
7.3.1 Europe Alternative Sweeteners Market, by Source 2016 – 2026 (US$ Mn) 59
7.3.2 Europe Alternative Sweeteners Market, by Type 2016 – 2026 (US$ Mn) 60
7.3.3 Europe High-Fructose Corn Syrup (HFCS) Market, by Type 2016 – 2026 (US$ Mn) 60
7.3.4 Europe High-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 61
7.3.5 Europe Low-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 61
7.3.6 Europe Alternative Sweeteners Market, by Application 2016 – 2026 (US$ Mn) 62
7.3.7 Europe Food Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 62
7.3.8 Europe Beverages Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 63
7.3.9 Europe Alternative Sweeteners Market, by Country/Region (US$ Mn) 63
7.4 Asia Pacific(APAC) 64
7.4.1 APAC Alternative Sweeteners Market, by Source 2016 – 2026 (US$ Mn) 64
7.4.2 APAC Alternative Sweeteners Market, by Type 2016 – 2026 (US$ Mn) 65
7.4.3 APAC High-Fructose Corn Syrup (HFCS) Market, by Type 2016 – 2026 (US$ Mn) 65
7.4.4 APAC High-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 66
7.4.5 APAC Low-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 66
7.4.6 APAC Alternative Sweeteners Market, by Application 2016 – 2026 (US$ Mn) 67
7.4.7 APAC Food Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 67
7.4.8 APAC Beverages Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 68
7.4.9 APAC Alternative Sweeteners Market, by Country/Region (US$ Mn) 68
7.5 Latin America(LATAM) 69
7.5.1 LATAM Alternative Sweeteners Market, by Source 2016 – 2026 (US$ Mn) 69
7.5.2 LATAM Alternative Sweeteners Market, by Type 2016 – 2026 (US$ Mn) 70
7.5.3 LATAM High-Fructose Corn Syrup (HFCS) Market, by Type 2016 – 2026 (US$ Mn) 70
7.5.4 LATAM High-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 71
7.5.5 LATAM Low-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 71
7.5.6 LATAM Alternative Sweeteners Market, by Application 2016 – 2026 (US$ Mn) 72
7.5.7 LATAM Food Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 72
7.5.8 LATAM Beverages Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 73
7.5.9 LATAM Alternative Sweeteners Market, by Country/Region (US$ Mn) 73
7.6 Middle East and Africa(MEA) 74
7.6.1 MEA Alternative Sweeteners Market, by Source 2016 – 2026 (US$ Mn) 74
7.6.2 MEA Alternative Sweeteners Market, by Type 2016 – 2026 (US$ Mn) 75
7.6.3 MEA High-Fructose Corn Syrup (HFCS) Market, by Type 2016 – 2026 (US$ Mn) 75
7.6.4 MEA High-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 76
7.6.5 MEA Low-intensity Sweeteners Market, by Type, 2016 – 2026 (US$ Mn) 76
7.6.6 MEA Alternative Sweeteners Market, by Application 2016 – 2026 (US$ Mn) 77
7.6.7 MEA Food Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 77
7.6.8 MEA Beverages Alternative Sweeteners Market, by Application, 2016 – 2026 (US$ Mn) 78
7.6.9 MEA Alternative Sweeteners Market, by Region (US$ Mn) 78
Chapter 8 Company Profiles 79
8.1 Archer Daniels Midland Company 79
8.2 Roquette Frères S.A 81
8.3 Kerry Group Plc 82
8.4 Ajinomoto Co. Inc. 83
8.5 Cargill Incorporated 84
8.6 E.I. Du Pont de Nemours and Company 86
8.7 Ingredion Incorporated 88
8.8 Global Sweeteners Holdings Limited 89
8.9 NutraSweet Company 90
8.10 Pinnacle Foods Inc. Tate & Lyle Plc 91
8.11 Purecircle Ltd. 92
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