According to a new market report published by Lucintel, the future of the artificial sweetener market looks promising with opportunities in various applications, such as bakery items, dairy products, confectionery, and beverages. The global artificial sweetener market is expected to grow with a CAGR of 5% from 2021 to 2026. The major drivers for this market are increasing health awareness, prevailing lifestyle diseases, weight loss practices, and the demand for low calorie desserts and sugar-free products.
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In this market, different types of artificial sweetener grades, such as aspartame, acesulfame-k, monosodium glutamate, saccharin, and sodium benzoate, are used in a wide range of applications. Lucintel forecasts that aspartame will remain the largest type segment due to its application as high-intensity sweetener in food and beverages.
Asia Pacific will remain the largest region during the forecast period due to an increase in health awareness, changing lifestyles leading to increased intake of convenience foods, and improved economic conditions.
Nestlé, Tate & Lyle, Wilmar International, Ingredion Incorporated, E.I Dupont De Numours and Company, Cargill, Associated British Foods, Archer Daniels Midland, Ajinomoto Corporation, and Raizen are among the major artificial sweetener manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global artificial sweetener market by type, application, distribution channel, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Artificial Sweetener Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global artificial sweetener market by type, application, distribution channel, and region as follows:
By Type [Kilotons and $M shipment analysis for 2015 – 2026]:
Aspartame
Acesulfame-K
Monosodium Glutamate
Saccharin
Sodium Benzoate
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Bakery Items
Dairy Products
Confectionery
Beverages
Others
By Distribution Channel [Kilotons and $M shipment analysis for 2015 – 2026]:
Supermarkets & Hypermarkets
Departmental Stores
Convenience Stores
Others
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.