Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global High Intensity Sweeteners Market to Grow at a CAGR of 4.5% over the Forecast Period of 2020-2025.

According to a new report by EMR titled, ‘Global High Intensity Sweeteners Market Report and Forecast 2020-2025’, the global high intensity sweeteners market stood at a value of nearly USD 8.22 billion in 2019. The global sweeteners industry is further expected to grow at a CAGR of 4.5% between 2020 and 2025 to reach USD 10.7 billion by 2025.

The global high intensity sweeteners market is expected to witness a steady growth due to the rising demand for sweeteners, particularly from the food and beverage sector. High intensity sweeteners are widely used to prepare sugar-free products, including soft drinks, powdered drink mixes, puddings, and dairy products, among others. Due to the rising popularity of aspartame, a type of high intensity sweetener, in pharmaceuticals and beverage industries, it has emerged as a leading high intensity sweeteners type, accounting for over 30% of the global market share. By country, China is the leading producer, accounting for nearly 75% of the global production of high intensity sweeteners, followed by the United States. Due to the high demand for packaged food in North America, the region remains the largest consumer for the product, accounting for 34% of the global demand.

With the rising health concern, the demand for high intensity sweeteners, serving as a sugar substitute, has increased as its consumption involves less calorie intake, low blood sugar levels, and improved dental care, in comparison to sugar. Stevia is a significant high intensity sweetener. It is witnessing a robust demand as consumers are increasingly demanding natural food and beverage products. In April 2019, Tate & Lyle PLC (LON: TATE), a global food ingredients provider and a key player in the high intensity sweeteners market, signed a multi-year enzyme supply and licensing agreement with Codexis, Inc. (NASDAQ: CDXS) to produce TASTEVA® M Stevia Sweetener. TASTEVA® M Stevia Sweetener is the first premium Reb M stevia sweetener, which was launched by Tate & Lyle in 2018, opening new horizons for the production of sugar-free products.

Market Breakup by Types, Applications, and Regions:

  • The various types of high intensity sweeteners available in the market are aspartame, sucralose, saccharin, cyclamate, stevia, and acesulfame, among others.
  • The high intensity sweeteners find applications in sectors like beverage, food, health care, and tabletop sweeteners, among others. 
  • Region-wise, the global high intensity sweeteners industry can be divided into North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growing demand for sweeteners, especially in the food and beverage sector, is driving the growth of high intensity sweetener industry. 
  • With the growing health consciousness among consumers, the demand for sugar substitutes has increased, further aiding the industry growth.  
  • The cost-effectiveness of high intensity sweeteners, particularly to produce carbonated beverages, is impacting the industry growth positively.   
  • The rise in disposable incomes and increased population, particularly in emerging economies, have resulted in the increased demand for packaged and processed food, which is providing further impetus to the market growth.

Key Offerings of the Report:

  • The EMR report gives a detailed overview of the global high intensity sweeteners market, providing an insight into the types, applications, and regional markets of the product for the periods (2015-2019) and (2020-2025).
  • An overview of the overall sweeteners market has also been provided within the period for the (2015-2019) and (2020-2025) periods.   
  • The report gives the regional historical (2015-2019) and forecast (2020-2025) price trends of the high intensity sweeteners. 
  • The global trade data analysis has also been provided in the report by EMR.

The major players in the global high intensity sweeteners market are Vitasweet Co.,LTD., HYET Sweet, SinoSweet Co., Ltd., Berry Global Inc., Anhui Jinhe Industrial Co., Ltd, Celanese Corporation, Pure Circle, and Tate & Lyle PLC, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Invert Sugar Syrups Market Report and Forecast 2020-2025


Global Barley Malt Syrup Market Report and Forecast 2020-2025


Global High Maltose Syrups Market Report and Forecast 2020-2025


Global Tagatose Market Report and Forecast 2020-2025


United States Xylitol Market Report and Forecast 2020-2025


NEWSLETTER