Artificial Sweetener Market Projected to Garner Significant Revenues by 2031

According to newly released data by Fact.MR, the artificial sweetener market is expected to grow at a CAGR exceeding 3% over the 2021-2031 forecast period. The report estimates the market valuation to surpass US$ 2 Bn by 2021-end, taking a positive leap from US$ 1.8 Bn in 2020. Growing concerns regarding obesity are translating into a swift and broader consumer acceptance of healthy dietary plans. Artificial sweetener improves health and can compensate for a poor diet.

Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the Artificial Sweetener Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2021-2031. The insights and analytics on the Artificial Sweetener Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

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The following insights and evaluations are worth knowing for any market participant, helping them in ascertaining the prevailing dynamics and the future trajectories of the Artificial Sweetener Market. They are a part of the estimations of the opportunities in various segments. The additional new opportunities have turned the Artificial Sweetener Market into a fragmented landscape with more entry-level players entering the market, thanks to low barriers for investments.

The research report published by Fact.MR on the Artificial Sweetener Market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the forecast period 2021-2031. The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues. The insights and analytics on the Artificial Sweetener Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

Key Companies

  • Roquette Freres
  • Ajinomoto Co., Inc.
  • JK Sucralose
  • McNeil Nutritionals
  • NutraSweet Property Holdings, Inc.
  • Hermes Sweeteners Ltd.
  • MORITA KAGAKU KOGYO CO. LTD.
  • PureCircle
  • Sunwin Stevia International, Inc.
  • Zydus Wellness Ltd.

Global Artificial Sweetener Market Segments

  • Product Type

    • Aspartame-based Artificial Sweetener
    • Acesulfame-Potassium (Ace-K) based Artificial Sweetener
    • Sucralose based Artificial Sweetener
    • Saccharin based Artificial Sweetener
    • Cyclamate based Artificial Sweetener
    • Others (Neotame, Advantame)
  • End Use Application

    • Artificial Sweetener for Beverages
    • Artificial Sweetener for Dairy Products
    • Artificial Sweetener for Bakery & Confectionery
    • Artificial Sweetener for Dietary Supplements
    • Artificial Sweetener for Bread Spreads
    • Artificial Sweetener for Pharmaceuticals
    • Artificial Sweetener for Personal Care Applications
    • Artificial Sweetener for Other Applications
  • Form

    • Powdered Artificial Sweeteners
    • Artificial Sweetener Tablets
    • Artificial Sweetener Syrup

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Competitive Landscape

The global artificial sweetener market is highly competitive in nature. The global reach of well-established market players and high capital investment for entering the market has created barriers for new market players.

Leading market players are focusing their efforts on developing innovative products to strengthen their position in the global market and are adopting strategies like acquisitions and mergers.

  • In January 2021, Roquette, BRAIN AG, and AnalytiCon Discovery announced the successful completion of the R&D phase for the development of Brazzein which is a protein sweetener naturally found in African berries Pentadiplandra brazzeana Baillon.
  • This high intensive sweetener provides an outstanding sweetening potency still preserving taste profile and sugar-free functionality. As part of their newly agreed Joint Development Agreement (JDA), Roquette and BRAIN will now progress with the approval and industrial scale-up of the protein sweetener in the food and beverage sector.  The partners have signed a contractual agreement for its approval and production.

After reading the Artificial Sweetener Market report, readers get insight into: 

  • Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
  • New, promising avenues in key regions
  • New revenue streams for all players in emerging markets
  • Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
  • Demand and uptake patterns in key industries of the Artificial Sweetener Market
  • New research and development projects in new technologies in key regional markets
  • Changing revenue share and size of key product segments during the forecast period
  • Technologies and business models with disruptive potential 

The global Artificial Sweetener Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

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