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Low Intensity Sweeteners Market Share

  • Report ID: GMI7613
  • Published Date: Dec 2023
  • Report Format: PDF

Low Intensity Sweeteners Market Share

Cargill and Ingredion Incorporated Companies have captured substantial industry shares in the North America market, driven by companies in the North America region, led by the surging demand for low-intensity sweeteners products, particularly in U.S. North America region, the world's largest market, is poised for continued growth due to Growing demand for plant-based protein sources, and increased consumer awareness about health benefits. As leading producers, Cargill and Ingredion Incorporated are well-positioned to cater to this escalating demand in the region.
 

In April 2020 Ingredion EMEA recently introduced ERYSTA Erythritol, its inaugural polyol sweetener. This innovation empowers manufacturers to diminish or substitute sugar, allowing them to meet nutrition-related claims like 'no added sugar' or 'calorie-reduced' across various applications. ERYSTA Erythritol is designed to maintain the desired functional attributes and sweetness when sugar is eliminated in products such as ice cream, desserts, and chocolate confectionery. It ensures consumers enjoy the familiar mouthfeel and texture in their preferred products. Additionally, it extends its application to baked goods, beverages, and fruit preparations, providing a versatile solution for various food and beverage categories.
 

Low Intensity Sweeteners Market Companies

Major companies operating in the low intensity sweeteners industry include:

  • Cargill
  • Ingredion Incorporated
  • Tate & Lyle PLC
  • Archer Daniels Midland Company (ADM)
  • PureCircle
  • Roquette Frères
  • Merisant
  • Pyure Brands LLC
  • GLG Life Tech Corp.
  • Monk Fruit Corp.
  • Madhava Natural Sweeteners
  • Stevia Corp.
  • Sunwin Stevia International Inc.
  • S&W Seed Company
  • Hill Pharmaceutical Co., Ltd.
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of low intensity sweeteners reached USD 3.1 billion in 2023 and is set to cross USD 4.7 billion by the end of 2032, due to the growing consumer awareness of health issues, such as diabetes and obesity.

The synthetic source segment recorded around 66% of the market share in 2023 and is expected to grow at a lucrative pace by 2032, owing to increasing preference for clean-label products and healthier alternatives.

U.S. market was valued at USD 953.5 million in 2023, attributed to increasing consumer awareness regarding health concerns related to high-calorie sweeteners like sugar.

Some of the leading market players are Cargill, Ingredion Incorporated, Tate & Lyle PLC, Archer Daniels Midland Company (ADM), PureCircle, Roquette Fr

Low Intensity Sweeteners Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 180
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