High-Intensity Artificial Sweeteners Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033

Overview and Scope
High-intensity artificial sweeteners are compounds that provide a significantly sweeter taste than sugar while contributing minimal or no calories, often used to reduce sugar intake without compromising sweetness. They are used as sugar substitutes to provide sweetness without the added calories of sugar and are often used in tiny quantities to achieve the desired level of sweetness.

Sizing and Forecast
The high-intensity artificial sweeteners market size has grown steadily in recent years. It will grow from $2.96 billion in 2023 to $3.11 billion in 2024 at a compound annual growth rate (CAGR) of 5.19%. The growth in the historic period can be attributed to the rising prevalence of diabetes, increasing health consciousness, growing obesity rates, demand for low-calorie food products, and increased availability of artificial sweeteners.

The high-intensity artificial sweeteners market size is expected to see steady growth in the next few years. It will grow to $3.81 billion in 2028 at a compound annual growth rate (CAGR) of 5.21%. The growth in the forecast period can be attributed to rising demand for low-glycemic index products, growing focus on weight management solutions, increasing awareness about the adverse effects of sugar, supportive regulatory policies, and consumer preference for natural and organic products. Major trends in the forecast period include increasing use in pharmaceuticals, advancements in biotechnology for sweetener production, development of multi-functional sweeteners, integration of artificial sweeteners in sports nutrition, and growing demand for personalized nutrition.

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Segmentation & Regional Insights
The high-intensity artificial sweeteners market covered in this report is segmented –

1) By Type: Saccharin, Acesulfame Potassium, Neotame, Aspartame, Sucralose, Advantame
2) By Form: Solid, Liquid
3) By Sales Channel: Direct Sales (B2B), Indirect Sales (B2C)
4) By Application: Snack Foods, Bakery Products, Sauces And Condiments, Candies And Confectionery, Dairy Products, Soft Drinks, Diet Soft Drinks

North America was the largest region in the high-intensity artificial sweeteners market in 2023. The regions covered in the high-intensity artificial sweeteners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rise in the obese population is expected to drive the high-intensity artificial sweeteners market going forward. The obese population refers to individuals with excessive body fat that presents a risk to their health, typically measured by a body mass index (BMI) of 30 or higher. The rise in the obese population is due to poor diet, lack of physical activity, genetic predisposition, and environmental influences. High-intensity artificial sweeteners are often considered beneficial for the obese population due to their ability to provide sweetness without adding significant calories to the diet. For instance, in March 2023, according to the World Heart Foundation, a Switzerland-based non-government organization, nearly 2.3 billion children and adults are currently living with overweight or obesity globally, and this number is expected to rise to 2.7 billion by 2025. Therefore, the rise in the obese population is driving the high-intensity artificial sweeteners market.

Key Industry Players
Major companies operating in the high-intensity artificial sweeteners market are Cargill Incorporated, Mitsui Co. Ltd., Nestle S.A., Archer Daniels Midland Company, Wilmar International Limited, DuPont de Nemours Inc., Hermes Sweeteners Ltd., Südzucker AG, Ajinomoto Co. Inc., Celanese Corporation, Ingredion Inc., Roquette Freres SA, Tate & Lyle plc, Anhui Jinhe Industrial Co. Ltd., Heartland Food Products Group, PureCircle Natural Ingredient India Pvt. Ltd., Changmao Biochemical Engineering Co. Ltd., Cumberland Packing Corporation, Atlantic Chemicals Trading GmbH, Merisant Co., The NaturaSweet Company, Layn Natural Ingredients Corp., HYET Sweet S.A.S., Evolva Holding SA, JK Sucralose Inc., Dr. Otto Suwelack Nachf. GmbH & Co. KG

The high-intensity artificial sweeteners market report table of contents includes:

1. Executive Summary

2. High-Intensity Artificial Sweeteners Market Characteristics

3. High-Intensity Artificial Sweeteners Market Trends And Strategies

4. High-Intensity Artificial Sweeteners Market – Macro Economic Scenario

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32. Global High-Intensity Artificial Sweeteners Market Competitive Benchmarking

33. Global High-Intensity Artificial Sweeteners Market Competitive Dashboard

34. Key Mergers And Acquisitions In The High-Intensity Artificial Sweeteners Market

35. High-Intensity Artificial Sweeteners Market Future Outlook and Potential Analysis

36. Appendix

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