Global High Intensity Sweeteners Market Size Analysis, 2018-2028

REPORT ID: BKR780 Domain: Food and Beverages Published Date: August 2018

 

 

Global High Intensity Sweeteners Market size was valued at US$ 1,936 million in 2017 and will register moderate CAGR of 4.1% between 2018 and 2028.

figure shows growth trend of high intensity sweeteners market. While artificial sweeteners tend to dominate the global share, natural based sweeteners will create new opportunity for industry players. Asia Pacific will gain 625 basis points during the forecast period.

High intensity sweeteners (HIS) are key ingredients that are used to sweeten and enhance the flavour of food. They are many times sweeter than sugar and are comparatively of low calories compared to sugar. FDA regulates it as food additives. These high intensity sweeteners generally marketed as “sugar free” and finds its usage in various food and beverages product.

As of 2017, six high intensity sweeteners are FDA approved in U.S. – namely aspartame, saccharin, sucralose, acesulfam potassium and advantame. These are primarily artificial sweeteners. In recent years, demand for natural sweeteners has increased manifold compared to artificial sweeteners. Natural sweeteners are generally recognized as safe. As such the demand for stevia extracts has increased in last six years.

Global High Intensity Sweeteners Market Drivers and Challenges

Demand for high intensity sweeteners market due to various macroeconomic and price based factors.  Increasing prevalence of obesity, rise in intake of soft drinks and functional beverages, increased consumer awareness and price competitiveness are some of the factors impacting the overall market.

According to World Bank, obesity has doubled since 1980 with over 600 million population falling under the category. This represents 8.5% of global population. As a result, the demand for alternative sweeteners has heightened. Most of the beverages companies are using high intensity sweeteners to address the obesity concern. According to the data, obesity is generally higher among middle class and upper middle class income. Collectively, they represents a major chunk of the market (20%). Moreover, the consumption of beverages is higher in middle and upper middle class income category. As such, high intensity sweeteners market demand is expected to further escalate on a positive note.

On price competitiveness level, alternative sweeteners are economical than sugar – making it affordable for large scale operations. High intensity sweeteners are generally 100 to 600 times sweeter when compared to sucrose. This leads to lower intake of HIS by volume as food ingredients. Its prices generally range from US$ 40/Kg to US$ 200/Kg. This is generally equivalent to sugar or lower when compared to actual ingredient. Also, as most of them are manufactured chemically, supply demand ratio remains consistent throughout the year, contrary to that in sugar. Availability of products at a lower price with wide variation of flavors is generally beneficial for the optimistic f high intensity sweeteners size.

Global High Intensity Sweeteners Market Analysis, By Product Segment

As per the estimates, artificial high intensity sweeteners market share was 77.4% in 2016. Furthermore, it accounted for 8% of global sweetener market in 2016. There are various high intensity sweeteners available in the market.

Cyclamate dominates the market throughout the forecast period. It is highly used in China and other Asia Pacific regions. As per the estimates, cyclamate accounted for 33% of total HIS consumption in China. However, demand has substantially arisen for sucralose.

Artificial sweeteners was valued at US$ 1,447.6 million in 2016 and will grow by 1.4 times to reach US$ 1,974.7m by 2028. Globally, artificial, sweetener will register stable growth from 2.8% to 3.1%. Upward trajectory growth even amid declining demand is attributed to the fact that artificial HIS is still very popular in developing regions. Cyclomate, aspartame and sucralose are consumed in large quantity in China and India – two leading nation in Asia Pacific. Also, sucralose growth will offer momentum to overall market.

Natural high intensity sweeteners market size accounted for nearly 22.6% market share of total HIS market in 2016. However, it will grow by whooping 935 basis points to create higher revenue opportunity for industry players. Among natural HIS, stevia accounts for majority of the share. There were 2260 products available in the market with stevia extracts in 2011. This increased to 6400 by 2015. Many more products are expected to get launched during the forecast period. Nealy 39% of total stevia consumption is met by beverages application. As a result, many companies are trying to capitalize the stevia market. For instance, PureCircle launched Sigma Beverage (stevia ingredient) in 2016. The move is expected to expand its market presence worldwide and also across various applications. Industry leaders including Cargill is also making giant strides in stevia market and holds prominent position in Europe.

Global High Intensity Sweeteners Market Size and Forecast: Regional Analysis

Globally, Asia Pacific high intensity sweeteners market value dominated the industry with 39% market share in 2016. Moreover, the region is expected to register highest CAGR of 4.6% between 2017 and 2028. Much of the demand in the region was through China and Japan.

North America ranks second to Asia Pacific. The region is hub to various companies. Companies are focusing on strengthening their market presence by setting up direct sales channel and focusing on enhancing product portfolio. Recently, in 2017, California-based SweeGen received a GRAS no objections letter from the FDA for the use of its BESTEVIA Rebaudioside D Stevia leaf– for use as a general purpose sweetener for food and beverage applications in the US.

ATV Market Size and Forecast: Competition Landscape

Some of the key high intensity sweeteners market industry players are Ajinomoto Co., Inc., Anhui Jinhe Industrial Co., Ltd., PureCircle Limited, Archer Daniels Midland Company, Beijing Vitasweet Co., Ltd., Cargill, Inc, Zhejiang Sanhe Food Science & Technology Co., Ltd., Celanese Corporation, Changzhou Niutang Chemical Plant Co., Ltd., Suzhou Hope Technology Co., Ltd., Tate & Lyle PLC, Tianjin North Food Co., Ltd.,Gansu Fanzhi Biotech Co., Ltd., GLG Life Tech Corporation, Golden Time Chemical (Jiangsu) Co., Ltd., Guilin GFS Monk Fruit Corp., Hill Pharmaceutical Co., Ltd., Jiangsu SinoSweet Co., Ltd., JK Sucralose, Inc., Kaifeng Xinghua Fine Chemical Ltd., MAFCO Worldwide LLC, NutraSweet Company, PMC Specialties Group, Inc, Merisant Company, Ingredion Incorporated, Morita Kagaku Kogyo Co., Ltd., Wuhan Huasweet Co., Ltd., and Zhong Hua Fang Da (H.K.) Limited.

High Intensity Sweeteners Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global High Intensity Sweeteners Market Value
    • Overall Market Forecast
    • High Intensity Sweeteners Growth Outlook, By Segments
    • High Intensity Sweeteners Growth Scenario, by Region
  6. The High Intensity Sweeteners Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain and Distribution Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The High Intensity Sweeteners Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Regulatory Compliances, By Selected Countries
    • Key Industry Developments
  8. The High Intensity Sweeteners Market Pricing Analysis
    • High Intensity Sweeteners Product Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global High Intensity Sweeteners Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • High Intensity Sweeteners Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global High Intensity Sweeteners Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global High Intensity Sweeteners Industry Size and Forecast, By Segments
    • By Product Type
      • Natural HIS
        • Stevia Extracts
        • Licorise Root Extracts
        • Other Natural Sweeteners
      • Artificial HIS
        • Cyclamate
        • Aspartame
        • Acesulfame – K
        • Saccharin
        • Sucralose
        • Other Artificial Sweeteners
      • By Application
        • Bakery and Confectionary
        • Beverages
        • Dietary Products
        • Dairy Products
        • Pharmaceuticals
        • Table Top Sweeteners
        • Nutritional Products
        • Desserts
        • Others
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America High Intensity Sweeteners Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America High Intensity Sweeteners Market, By Segments (As mentioned in section 10 of TOC)
    • S. High Intensity Sweeteners Market Size and Forecast, By Segments
    • Canada High Intensity Sweeteners Market Size and Forecast, By Segments
  2. Latin America High Intensity Sweeteners Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) High Intensity Sweeteners Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America High Intensity Sweeteners Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil High Intensity Sweeteners Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(High Intensity Sweeteners industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe High Intensity Sweeteners Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe High Intensity Sweeteners Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe High Intensity Sweeteners Market, By Segments (As mentioned in section 10 of TOC)
    • Germany High Intensity Sweeteners Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(High Intensity Sweeteners industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) High Intensity Sweeteners Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe High Intensity Sweeteners Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe High Intensity Sweeteners Market, By Segments (As mentioned in section 10 of High Intensity Sweeteners Market TOC)
    • Russia High Intensity Sweeteners Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(High Intensity Sweeteners industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific High Intensity Sweeteners Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific High Intensity Sweeteners Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific High Intensity Sweeteners Market, By Segments (As mentioned in section 10 of TOC)
    • Japan High Intensity Sweeteners Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(High Intensity Sweeteners industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East High Intensity Sweeteners Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East High Intensity Sweeteners Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East High Intensity Sweeteners Market, By Segments (As mentioned in section 10 of TOC)
    • GCC High Intensity Sweeteners Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(High Intensity Sweeteners industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa High Intensity Sweeteners Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa High Intensity Sweeteners Industry Size and Forecast, (2017-2027)
    • Africa High Intensity Sweeteners Industry Share (%)
    • Africa High Intensity Sweeteners Industry Growth Forecast (%)
    • South Africa High Intensity Sweeteners Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(High Intensity Sweeteners industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. High Intensity Sweeteners Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • Ajinomoto Co., Inc.,
      • Anhui Jinhe Industrial Co., Ltd.,
      • PureCircle Limited,
      • Archer Daniels Midland Company,
      • Beijing Vitasweet Co., Ltd.,
      • Cargill, Inc,
      • Zhejiang Sanhe Food Science & Technology Co., Ltd.,
      • Celanese Corporation,
      • Changzhou Niutang Chemical Plant Co., Ltd.,
      • Suzhou Hope Technology Co., Ltd.,
      • Tate & Lyle PLC,
      • Tianjin North Food Co., Ltd.,
      • Gansu Fanzhi Biotech Co., Ltd.,
      • GLG Life Tech Corporation,
      • Golden Time Chemical (Jiangsu) Co., Ltd.,
      • Guilin GFS Monk Fruit Corp.,
      • Hill Pharmaceutical Co., Ltd.,
      • Jiangsu SinoSweet Co., Ltd.,
      • JK Sucralose, Inc.,
      • Kaifeng Xinghua Fine Chemical Ltd.,
      • MAFCO Worldwide LLC,
      • NutraSweet Company,
      • PMC Specialties Group, Inc,
      • Merisant Company,
      • Ingredion Incorporated,
      • Morita Kagaku Kogyo Co., Ltd.,
      • Wuhan Huasweet Co., Ltd.,
      • Zhong Hua Fang Da (H.K.) Limited.
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed High Intensity Sweeteners industry TOC and sample research pages, download sample.

What Will You Discover in the Report?

  • An in-depth analysis of the High Intensity Sweeteners market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the High Intensity Sweeteners market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the High Intensity Sweeteners market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the High Intensity Sweeteners industry during the forecast period
  • Who are the High Intensity Sweeteners industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • High Intensity Sweeteners Industry Suppliers
  • High Intensity Sweeteners Industry Manufacturers
  • Consultants and Analysts
  • Researchers

Analyst access with Bekryl Market Analysts

Purchasing of High Intensity Sweeteners market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

High Intensity Sweeteners Market Report Structure

High Intensity Sweeteners Industry Dynamics

This section enables High Intensity Sweeteners industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to High Intensity Sweeteners market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current High Intensity Sweeteners industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • High Intensity Sweeteners Industry Trends
  • High Intensity Sweeteners Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • High Intensity Sweeteners Industry Experts Market Opinion

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the High Intensity Sweeteners industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

Competition Landscape

Keep abreast of key strategies of industry leaders and regional High Intensity Sweeteners industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

 

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The High Intensity Sweeteners market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America High Intensity Sweeteners Market Size

  • S.
  • Canada

Latin America High Intensity Sweeteners Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*High Intensity Sweeteners Market value analyzed across each Latin America country)

Western Europe High Intensity Sweeteners Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*High Intensity Sweeteners Market value analyzed across each Western Europe country)

Central and Eastern Europe High Intensity Sweeteners Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*High Intensity Sweeteners Market value analyzed across each Central and Eastern Europe country)

Asia Pacific High Intensity Sweeteners Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*High Intensity Sweeteners Market value analyzed across each Asia Pacific country)

Middle East High Intensity Sweeteners Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*High Intensity Sweeteners Market value analyzed across each Middle East country)

Africa High Intensity Sweeteners Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

High Intensity Sweeteners Market Research Methodology

Global High Intensity Sweeteners market size is estimated to register a CAGR 4.6% during the forecast period to create a revenue opportunity of USD 1 billion over the forecast period.

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

High Intensity Sweeteners Market Growth Forecasting Methodology

In order to prepare historical data and analyze High Intensity Sweeteners market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers including distributors and suppliers. Through this, we get to know actual demand for High Intensity Sweeteners market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast High Intensity Sweeteners industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes High Intensity Sweeteners industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

 

High Intensity Sweeteners Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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