Global Alternative Sweeteners Growth Opportunities for the Food and Beverage Industry

Global Alternative Sweeteners Growth Opportunities for the Food and Beverage Industry

A Growing Consumer Preference for Clean label Products Enables the Market Expansion of Natural Sweeteners

RELEASE DATE
19-Oct-2023
REGION
Global
Deliverable Type
Market Research
Research Code: PEF4-01-00-00-00
SKU: FN_2023_243
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Description

The increasing prevalence of lifestyle diseases such as diabetes and obesity, coupled with a growing consumer inclination towards healthy lifestyles, are driving the demand for no- or low-calorie food products and, in consequence, the growth of the global alternative sweetener market. Additionally, the growing beverage market in both developed and developing economies boosts the alternative sweeteners market as well. Finally, the rising prices of sugar-sweetened beverages due to taxes are changing consumer purchase patterns and will drive the adoption of alternative sweeteners across different beverages.

Geographically, Asia-Pacific (APAC) dominated the global alternative sweeteners market by volume in 2022 due to a dramatic increase in fast-food consumption and growth in the fast-food industry in APAC. However, North America dominated the alternative sweeteners market by revenue due to the high prices of alternative sweeteners in the region, to a certain extent, because of its import dependency on China. Frost & Sullivan expects APAC to show the fastest growth during the forecast period due to growth in the regional food and beverage industry, high prevalence of lifestyle diseases, and growing consumer awareness of healthier lifestyles.

This Frost & Sullivan analysis considers exogenous factors, such as the impact of the Russo-Ukrainian War and inflation. The application scope of the study is restricted to food and beverage. Finally, the study scope includes qualitative insights of some selected novel alternative sweeteners, caloric and non-caloric.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Alternative Sweeteners Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Abbreviations

Scope of Analysis

Segmentation

Definitions

Product Type Definitions

Product Type Definitions

Classification of Alternative Sweeteners

Key Competitors

Forecast Assumptions

Growth Drivers

Growth Drivers Analysis

Growth Drivers Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Growth Restraint Analysis (continued)

Growth Restraint Analysis (continued)

Growth Restraint Analysis (continued)

Market Trends

Market Trends (continued)

Market Trends (continued)

Market Trends (continued)

Market Trends (continued)

Market Trends (continued)

List of Novel Non-caloric Natural Alternative Sweeteners

Spotlight on Novel Protein-based HISs—Brazzein

Spotlight on Novel Protein-based HISs—Thaumatin

Emerging Natural Caloric Sweeteners

Emerging Natural Caloric Sweeteners (continued)

New Product Launches Focusing on Sugar Reduction in the Beverage Industry—2022–2023

New Product Launches Focusing on Sugar Reduction in the Confectionery Industry—2022

New Product Launches Focusing on Sugar Reduction in the Dairy Industry—2022–2023

New Product Launches Focusing on Sugar Reduction in the Breakfast Cereal Industry—2021–2022

Competitive Environment

Competitive Landscape—HISs

Competitive Landscape—HISs (continued)

Competitive Landscape—LISs/Sugar Alcohols

Pricing Trends

Growth Metrics

Revenue and Volume Forecast

Revenue and Volume Forecast Analysis

Revenue Forecast by Product Type

Volume Forecast by Product Type

Revenue and Volume Forecast Analysis by Product Type

Revenue and Volume Forecast Analysis by Product Type (continued)

Revenue Forecast by Region

Volume Forecast by Region

Revenue and Volume Forecast Analysis by Region

Revenue and Volume Forecast Analysis by Region (continued)

Revenue and Volume Forecast Analysis by Region (continued)

Revenue and Volume Forecast Analysis by Region (continued)

Revenue and Volume Forecast Analysis by Region (continued)

Growth Metrics

HISs Overview

Market Trends—HISs

Overview of Advantame

Overview of Neotame

Revenue and Volume Forecast

Revenue Forecast by Ingredient Type

Volume Forecast by Ingredient Type

Revenue Forecast by Region

Volume Forecast by Region

Revenue and Volume Forecast Analysis by Ingredient Type

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Stevia (All Stevia Extracts)—Recent Market Activities, 2020–2023

Stevia (All Stevia Extracts)—Recent Market Activities, 2020–2023 (continued)

Stevia (All Stevia Extracts)—Recent Market Activities, 2020–2023 (continued)

Stevia (All Stevia Extracts)—Recent Market Activities, 2020–2023 (continued)

Monk Fruit—Recent Market Activities, 2020, 2022, and 2023

Growth Metrics

LIS/Sugar Alcohols Overview

Overview of Lactitol

Overview of Mannitol

Revenue and Volume Forecast

Revenue Forecast by Ingredient Type

Volume Forecast by Ingredient Type

Revenue Forecast by Region

Volume Forecast by Region

Revenue and Volume Forecast Analysis by Ingredient Type

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Revenue and Volume Forecast Analysis by Ingredient Type (continued)

Allulose—Recent Market Activities, 2020–2023

Tagatose—Recent Market Activities, 2021–2023

Growth Opportunity 1: Clean-label and Natural Sweeteners Present Strong Growth Opportunities for the Alternative Sweetener Market

Growth Opportunity 1: Clean-label and Natural Sweeteners Present Strong Growth Opportunities for the Alternative Sweetener Market (continued)

Growth Opportunity 2: Scientifically Backed Regulatory Policies for Artificial Sweeteners

Growth Opportunity 2: Scientifically Backed Regulatory Policies for Artificial Sweeteners (continued)

Growth Opportunity 3: Novel Caloric and Non-caloric Natural Sweeteners Hold Strong Growth Potential

Growth Opportunity 3: Novel Caloric and Non-caloric Natural Sweeteners Hold Strong Growth Potential (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

The increasing prevalence of lifestyle diseases such as diabetes and obesity, coupled with a growing consumer inclination towards healthy lifestyles, are driving the demand for no- or low-calorie food products and, in consequence, the growth of the global alternative sweetener market. Additionally, the growing beverage market in both developed and developing economies boosts the alternative sweeteners market as well. Finally, the rising prices of sugar-sweetened beverages due to taxes are changing consumer purchase patterns and will drive the adoption of alternative sweeteners across different beverages. Geographically, Asia-Pacific (APAC) dominated the global alternative sweeteners market by volume in 2022 due to a dramatic increase in fast-food consumption and growth in the fast-food industry in APAC. However, North America dominated the alternative sweeteners market by revenue due to the high prices of alternative sweeteners in the region, to a certain extent, because of its import dependency on China. Frost & Sullivan expects APAC to show the fastest growth during the forecast period due to growth in the regional food and beverage industry, high prevalence of lifestyle diseases, and growing consumer awareness of healthier lifestyles. This Frost & Sullivan analysis considers exogenous factors, such as the impact of the Russo-Ukrainian War and inflation. The application scope of the study is restricted to food and beverage. Finally, the study scope includes qualitative insights of some selected novel alternative sweeteners, caloric and non-caloric.
More Information
Deliverable Type Market Research
Author Nimisha Dhomne
Industries Agriculture and Nutrition
No Index No
Is Prebook No
Keyword 1 Sweeteners Market Analysis
Keyword 2 Alternative Sweeteners Industry Insights
Keyword 3 Sweeteners Market Dynamics
Podcast No
WIP Number PEF4-01-00-00-00