Global Sugar Substitutes Market to Reach US$ 25.8 Billion by 2032, Stimulated by Rising Health Consciousness Among the Masses

September 18, 2023 | Food & Beverages

According to the latest report by IMARC Group, titled “Sugar Substitutes Market Report by Product Type (High-Intensity Sweeteners, Low-Intensity Sweeteners, High Fructose Syrup), Application (Foods, Beverages, Health and Personal Care), Origin (Artificial, Natural), and Region 2024-2032,” the global sugar substitutes market size reached US$ 18.1 Billion in 2023. Sugar substitutes, also known as artificial sweeteners or sugar alternatives, are substances used to replace traditional sugar (sucrose) in foods and beverages. These substitutes are designed to provide sweetness without the calories and carbohydrates found in regular sugar. They are often used by individuals who are looking to reduce their calorie intake, manage their blood sugar levels, or limit their sugar consumption for health reasons. Sugar substitutes come in various forms and are used in a wide range of products, from beverages and baked goods to condiments and desserts. Sugar substitutes are incorporated into baked goods like cookies, cakes, and muffins to reduce sugar content while maintaining sweetness. They also aid in producing sugar-free and low-carb baked goods. Moreover, sugar substitutes are incorporated into vitamins, dietary supplements, and functional foods to provide sweetness without added sugars.


Global Sugar Substitutes Market Trends:

The sugar substitutes market is driven by the increasing awareness about the negative health impacts of excessive sugar consumption, such as obesity, diabetes, and dental problems, which has prompted consumers to seek healthier alternatives like sugar substitutes. In addition, the growing number of individuals with diabetes, who need to monitor their blood sugar levels, drives the demand for sugar substitutes as suitable alternatives that don't cause significant spikes in blood glucose. Moreover, the market is witnessing a preference for natural and plant-based ingredients. Natural sugar substitutes like stevia, erythritol, and monk fruit extract align with this trend, as they are derived from plant sources. Besides, the food and beverage industry is reformulating products to meet consumer demands for healthier options. As a result, sugar substitutes are being incorporated into a wide range of products, including beverages, snacks, baked goods, and dairy products. Additionally, the rise in demand for non-alcoholic beverages, including flavored waters, ready-to-drink teas, and functional beverages, has led to greater use of sugar substitutes to meet the demand for reduced-sugar options. Furthermore, sugar substitutes are widely available in grocery stores, health food shops, and online platforms, making them accessible to a broad consumer base, thus propelling the market. Looking forward, IMARC Group expects the market to reach US$ 25.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032. 


Market Summary:

  • Based on the product type, the market has been segmented into high-intensity (stevia, aspartame, cyclamate, sucralose, saccharin and others), low-intensity sweeteners (D-tagatose, sorbitol, maltitol, xylitol, mannitol and others), and high fructose syrup. Amongst these, high-intensity sweeteners exhibit a clear dominance in the market.
  • On the basis of the application, the market has been segregated into foods, beverages, and health and personal care. Presently, beverages represent the leading application segment.
  • The market has been divided on the basis of the origin into natural and artificial products. At present, natural sugar substitutes account for the majority of the total market share.
  • Region-wise, North America holds the leading position in the market. Other major regions include Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being Tate & Lyle PLC, Cargill, Incorporated, PureCircle Limited, Roquette Frères S.A., E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, Ajinomoto Co. Inc., Ingredion Incorporated, Flavors Holdings Inc. and JK Sucralose Inc.


Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Application, Origin, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Tate & Lyle PLC, Cargill, Incorporated, PureCircle Ltd., Roquette Frères S.A., E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, Ajinomoto Co. Inc., Ingredion Incorporated, Flavors Holdings Inc. and JK Sucralose Inc.
Customization Scope 10% Free Customization
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Post-Sale Analyst Support 10-12 Weeks
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Global Sugar Substitutes Market to Reach US$ 25.8 Billion by 2032, Stimulated by Rising Health Consciousness Among the Masses
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