Reports
Reports
Sale
The Australia food sweetener market size is projected to grow at a CAGR of 2.4% between 2024 and 2032.
The rising demand from the beverage industry, particularly in the diet-soft drink sector, where aspartame and other artificial sweeteners are widely used, is fuelling Australia food sweetener market growth. Additionally, the Australian sugar industry's focus on developing alternatives to traditional sugars to meet the increasing demand for natural sweeteners is a key driver in expanding the market value.
A prominent trend in the Australia food sweetener market is the increasing demand for natural sweeteners as consumers prioritise healthier alternatives to traditional sugars. This trend is driven by concerns over artificial sweeteners and their potential health impacts, leading to a growing preference for natural options like stevia, monk fruit, and other plant-based sweeteners.
Also, as per Australian Bureau of Statistics, 1,400 tonnes of high intensity sweetening agents (aspartame, sucralose, and stevia) was sold in 2021, 16.7% higher than in 2020. Thus, the market is witnessing a rise in demand for high intensity sweeteners, such as aspartame, sucralose, and saccharin, driven by the need for low-calorie and sugar-free alternatives in food and beverage products. High intensity sweeteners are appealing to health-conscious consumers seeking to reduce their sugar intake. This trend impacts the Australia food sweetener market development by fostering innovation in product formulations.
Starch sweeteners and sugar alcohols, including high fructose corn syrup (HFCS), sorbitol, dextrose, maltodextrin, xylitol, and other variants, represent a large segment in the market. These sweeteners offer a range of functionalities, from enhancing sweetness to providing texture and bulk in food and beverage products. The utilisation of starch sweeteners and sugar alcohols caters to various applications in the dairy, bakery, beverages, confectionery, and other sectors, contributing to the market's versatility and product innovation.
Australia Food Sweetener Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
Market players are focused on developing alternatives for sugars to meet the increasing demand for natural sweeteners, particularly driven by the beverage industry.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product Type |
|
Breakup by Application |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Food Sweetener Market Overview
8.1 Key Industry Highlights
8.2 Australia Food Sweetener Historical Market (2018-2023)
8.3 Australia Food Sweetener Market Forecast (2024-2032)
9 Australia Food Sweetener Market by Product Type
9.1 Starch Sweeteners and Sugar Alcohols
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Type
9.1.3.1 High Fructose Corn Syrup (HFCS)
9.1.3.2 Sorbitol
9.1.3.3 Dextrose
9.1.3.4 Maltodextrin
9.1.3.5 Xylitol
9.1.3.6 Other Starch Sweeteners and Sugar Alcohols
9.2 Sucrose
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 High Intensity Sweeteners (HIS)
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Type
9.3.3.1 Neotame
9.3.3.2 Stevia
9.3.3.3 Saccharin
9.3.3.4 Sucralose
9.3.3.5 Acesulfame Potassium (Ace-K)
9.3.3.6 Aspartame
9.3.3.7 Other High-intensity Sweeteners
10 Australia Food Sweetener Market by Application
10.1 Beverages
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Soups, Sauces and Dressings
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Dairy and Desserts
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Bakery and Confectionery
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Meat and Meat Products
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Australia Food Sweetener Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Departmental Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online Stores
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Australia Food Sweetener Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Cargill Australia Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Ingredion ANZ Pty Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Glg Life Tech Corp.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Sweetlife Australia Pty Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Naturally Sweet Products
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Nirvana Health Products
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Lakanto Australia
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Food Sweetener Market: Key Industry Highlights, 2018 and 2032
2. Australia Food Sweetener Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Australia Food Sweetener Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Australia Food Sweetener Historical Market: Breakup by Application (USD Million), 2018-2023
5. Australia Food Sweetener Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Australia Food Sweetener Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Australia Food Sweetener Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Australia Food Sweetener Historical Market: Breakup by Region (USD Million), 2018-2023
9. Australia Food Sweetener Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Australia Food Sweetener Market Structure
The market is expected to grow at a CAGR of 2.4% between 2024 and 2032.
The market is being driven due to Australian sugar industry's focus on developing alternatives to traditional sugars, rising demand from the beverage industry, and growing consumer preference for low-calorie and natural products.
Key trends aiding the market expansion include technological advancements in sweetener production, efforts by market players to innovate and expand their product portfolios and increasing popularity of functional beverages.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
In terms of application, the market covers beverages, soups, sauces and dressings, dairy and desserts, bakery and confectionery, and meat and meat products, among others.
Based on product type, the market segmentations include starch sweeteners and sugar alcohols (high fructose corn syrup (HFCS), sorbitol, dextrose, maltodextrin, xylitol, other starch sweeteners and sugar alcohols), sucrose, and high intensity sweeteners.
Key players in this market are Cargill Australia Limited, Ingredion ANZ Pty Ltd., Glg Life Tech Corp., Sweetlife Australia Pty Ltd., Naturally Sweet Products, Nirvana Health Products, Lakanto Australia, among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
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.