Alternative Sweetener Market Report 2019-2024 | Latest Trend, Growth & Forecast

Alternative sweeteners are used as a substitute for sugar to enrich and sweeten food and beverages. These sweeteners are used mostly in reduced concentration since they are relatively sweeter than sucrose (table sugar). They are low in calorie content, making them ideal for consumption by diabetic and overweight people. Variants of alternative sweeteners like high and low-intensity sweeteners, and high-fructose syrup find application in dairy products, bakery items, carbonated drinks, and various other products. The global alternative sweetener market is anticipated to expand at a CAGR of 5.6% during the 2019-2024 period, and will reach a value of USD 17.3 Bn by 2024 from USD 13.17 Bn in 2019.

Segmentation based on product type
Based on product type, the high-intensity sweeteners segment accounted for the highest market share (41.0%) in 2019, since it is sweeter than sucrose and is used as diet sugar for health-conscious consumers. It was followed by the high-fructose syrup segment, with a market share of 31.2% in 2019. High-fructose syrup is available in liquid form and is used in food and beverages. The low-intensity sweeteners segment accounted for a market share of only 27.8% in 2019.

Download Free Sample Report @ https://www.radiantinsights.com/research/global-alternative-sweetener-market/request-sample

Alternative Sweetener Market

Segmentation based on applications
Based on applications, the beverage segment accounted for the highest market share (55.4%) in 2019, and is anticipated to expand at a CAGR of 5.9% during the 2019-2024 period. An increase in the consumption of diet variants of soft drinks and low-sugar beverages among health-conscious consumers is expected to fuel the growth of the beverage segment. The food segment is expected to expand at a CAGR of 5.3% during the forecast period. Changes in sugar consumption patterns and rising awareness about low-calorie sugar alternatives are anticipated to drive the food segment.

Regional insights
North America dominated the global alternative sweetener market with a share of 35.5% in 2019. It was followed by Europe because of the imposition of the sugar tax by governments. Asia-Pacific is anticipated to exhibit the highest CAGR (7.2%) during the 2019-2024 period. The consumption of sweetened food and beverages is high in the region, resulting in the increased incidence of diabetes and obesity. As a result, consumers are becoming health conscious and more inclined towards alternative sweeteners. The markets in Latin America, and the Middle East and Africa are still at nascent stages but are expected to expand significantly.

Companies profiled

  • Archer Daniels Midland
  • Ajinomoto
  • Tate & Lyle
  • Ingredion Incorporated
  • Cargill
  • DuPont Nutrition & Health
  • Amai Proteins
  • Miraculex
  • Sugarlogix
  • SteviaOne

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-alternative-sweetener-market

Table of Contents

Chapter 1: Executive summary

  • 1.1. Market scope and segmentation
  • 1.2. Key questions answered in the study
  • 1.3. Executive summary

Chapter 2: Introduction

  • 2.1. Market definitions
  • 2.2. Market trends
  • 2.3. Market drivers
  • 2.4. Market challenges
  • 2.5. Value chain analysis

Chapter 3: Global alternative sweetener market overview

  • 3.1. Market overview
    -- 3.1.1. Global historical market revenue (USD Bn) (2016-2018)
    -- 3.1.2. Global forecast market revenue (USD Bn) (2019-2024)
    -- 3.1.3. Geography-wise market revenue (USD Bn) (2019 and 2024)

Chapter 4: Global alternative sweetener market - segment insights

  • 4.1 Based on product type
    -- 4.1.1. Revenue (USD Bn) (2016-2024)
    --- 4.1.1.a. High-intensity sweetener
    --- 4.1.1.b. Low-intensity sweetener
    --- 4.1.1.c. High-fructose syrup
    -- 4.1.2. Key highlights
    -- 4.1.3. Regional revenue based on product type (USD Bn) (2019)
  • 4.2 Based on applications
    -- 4.2.1. Revenue (USD Bn) (2016-2024)
    --- 4.2.1.a. Food
    --- 4.2.1.b. Beverage
    -- 4.2.2. Key highlights
    -- 4.2.3. Regional revenue based on applications (USD Bn) (2019)

Chapter 5: North America alternative sweetener market

  • 5.1. North America - market overview
    -- 5.1.1. Key observations
    -- 5.1.2. Revenue (USD Bn) (2016-2024)
    -- 5.1.3. Market trends
    -- 5.1.4. Market drivers
    -- 5.1.5. Market challenges

Continued…

Read all Reports of this category @ https://www.radiantinsights.com/catalog/healthcare

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/