Intensive Sweeteners are seen as an alternative to traditional sucrose based sugar as it is considered way too much sweeter than sucrose and thus only smaller quantities are required to be added compared to sucrose based sugar. This are also categorised under the category of food additives. Intensive Sugars can be both artificial and natural or plant based. Growth of processed food and beverages industry has led to growing demand for intensive sugars. Stevia is one of the most popular intensive sugar. Geographically, North America and Asia Pacific are expected to be the biggest markets because of large population in the regions and rising disposable income.This growth is primarily driven by Growing Demand from Processed Food and Beverages Industry, Changing Dietary Patterns and Increasing Disposable Income.
Globally, a noticeable market trend is evident Artificial Intensive Sweeteners Account for Largest Market Share although this is changing as People Demand More Organic Alternatives. Major Vendors, such as Batory Foods, Inc. (United States), Hermes Sweeteners Ltd. (Switzerland), Cargill (United States), Archer-Daniels-Midland Company (United States), Ajinomoto Co., Inc. (Japan), Zydus Wellness Ltd. (India), PureCircle Ltd. (Malaysia), Morita Kagaku Kogyo Co., Ltd. (Japan), Nutrasweet Property Holdings Inc. (United States), Galam (Israel), JK Sucralose Inc. (China) and Foodchem Inc. (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, Ingredion Inc., a multinational American ingredients manufacturer and supplier has announced signing of an agreement to acquire 75% stake in PureCircle Ltd., which is leading stevia sweeteners producer which is a type of intensive sweeteners used in beverages. Ingredion looks to build on PureCircle’s growth with enhanced focus on plant based Stevia.
In 2021, Batory Foods Inc., a US based distributer of high quality ingredients has announced launching of its new line of high-intensity sweetener blends known as Batory Sweet Essentials. This Battery sweet essentials comprise of 5 formulations, named as B-Tru, B-Intense, B-Fiber, B-Clear (e) and B-Clear (a). The launch of this product at solving the food and beverages demand for alternate solutions of reducing the use of sucrose.
- Growing Demand from Processed Food and Beverages Industry
- Changing Dietary Patterns
- Increasing Disposable Income
- Artificial Intensive Sweeteners Account for Largest Market Share although this is changing as People Demand More Organic Alternatives
- Health Problems Associated with Chemical Intensive Sweeteners
Developing Countries in Africa Present Huge Opportunity to Grow
Presence of Adulterated and Counterfeit Products in Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Intensive Sweeteners Study Sheds Light on
The Intensive Sweeteners Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Intensive Sweeteners industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Intensive Sweeteners industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Intensive Sweeteners Market?
The Intensive Sweeteners market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Intensive Sweeteners Market?
Top performing companies in the Global Intensive Sweeteners market are Batory Foods, Inc. (United States), Hermes Sweeteners Ltd. (Switzerland), Cargill (United States), Archer-Daniels-Midland Company (United States), Ajinomoto Co., Inc. (Japan), Zydus Wellness Ltd. (India), PureCircle Ltd. (Malaysia), Morita Kagaku Kogyo Co., Ltd. (Japan), Nutrasweet Property Holdings Inc. (United States), Galam (Israel), JK Sucralose Inc. (China) and Foodchem Inc. (China), to name a few.
3. Which region dominated the worldwide market for Intensive Sweeteners in 2020?
is dominating the Intensive Sweeteners Market.