Sugar Substitute Market Size

SkyQuest Technology's Sugar substitute market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Sugar Substitute Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Sugar Substitute Market Insights

Sugar Substitute Market size was valued at USD 7.91 Billion in 2023 and is poised to grow from USD 8.48 Billion in 2024 to USD 13.79 Billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).

The consumer's perception and realisation of the energy imbalance between calories consumed and calories expended, which is caused by factors like increasing urbanisation, increased discretionary spending on processed foods and beverages, and sedentary lifestyles and has resulted in an increase in the incidence of lifestyle disorders, has contributed to the surge in popularity of sugar substitutes. Customers are now choosing suitable sugar replacements that do not increase their overall calorie intake as a result of this trend. Due to the "all-natural" trend that is resonating in the global marketplace, the sugar substitutes market size is also expected to undergo significant change.

One of the sectors where manufacturers are experiencing difficulties in the supply of raw materials as a result of the epidemic is the sugar substitute industry. Additionally, since the epidemic, imports and exports have been banned or delayed in several countries, which presents challenges for manufacturers of sugar substitutes. But because of the pandemic's emphasis on the value of sanitary and nutritious foods with low levels of sugar, calories, and fats in the prevention of diseases, various best-practice models for the food business have been adopted.

US Sugar Substitute Market is poised to grow at a sustainable CAGR for the next forecast year.

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Sugar Substitute Market size was valued at USD 7.91 Billion in 2023 and is poised to grow from USD 8.48 Billion in 2024 to USD 13.79 Billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).

The sugar substitute market players are poised to respond to this demand dynamics by developing innovative sugar substitutes and related products and solutions that are not only minimally processed but also have clean-label characteristics aligned with sustainable consumption practises.`For instance, in Russia, ADM and Aston Foods (Russia) formed a joint venture to produce sweets and starches. This aided the business in increasing its presence in the Russian sugar alternatives market. 'Tate & Lyle PLC (United Kingdom) ', 'Cargill, Incorporated (United States) ', 'Archer Daniels Midland Company (ADM) (United States) ', 'Ingredion Incorporated (United States) ', 'Roquette Frères (France) ', 'Ajinomoto Co., Inc. (Japan) ', 'JK Sucralose Inc. (China) ', 'The NutraSweet Company (United States) ', 'PureCircle Ltd. (Malaysia) ', 'E. I. du Pont de Nemours and Company (United States) ', 'Whole Earth Brands (United States) ', 'Morita Kagaku Kogyo Co. Ltd. (Japan) ', 'Manus Bio Inc. (United States) ', 'Xianghua GL Stevia Co. (China) ', 'GLG Life Tech Corp. (China) ', 'FoodChem International Corporation (China) ', 'Herboveda India (India) ', 'Sweetly Stevia USA (United States) ', 'Pyure Brands LLC (United States) ', 'Sirma Group (Bulgaria) '

Increasing health consciousness of people is boosting the growth of sugar substitute market Consumers are becoming more and more conscious of their dietary needs because of easy access to virtually endless information. As a result, people are increasingly aware of the benefits of choosing healthier foods and drinks. Due to the rising health issues, they are requesting healthier, lower calorie foods and beverages more frequently.

With monk fruit and stevia being two highly concentrated plant-based sweeteners that have been given FDA GRAS approval, the market for low-calorie, naturally sweet, plant-based products has seen a rise in demand. Additionally, as consumers become more aware of the harmful effects of artificial substances on their health, there is an increase in the demand for clean label or natural food products on a global scale. Also, the desire for natural sweeteners among food and beverage makers has been sparked by clean labels. About 63% of newly released items made a clean label promise. As a result, industry participants are spending money on research and development to create an effective supply chain from the farm to the finished product on the sugar substitute market.

During the forecast period, the Asia Pacific sugar substitute market is anticipated to grow at the fastest rate in the global market. Due to consumer lifestyle changes and rising health consciousness, the Asia Pacific region's market for sugar replacements is expanding. With regard to diet diversity, rising urbanisation, and open trade in the food industry, the market in this region is undergoing a significant transition. Additionally, a rise in consumer knowledge of health-related issues, a rise in consumer preference for foods that promote good health, and an increase in income and purchasing power are the main reasons providing growth prospects for sugar replacement makers in the regional market. Due to their significant increases in urbanisation, household incomes, and consumer lifestyle changes, India and China are the two developing nations in the region. The eating habits of consumers in China and India have changed recently.

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Global Sugar Substitute Market
Sugar Substitute Market

Report ID: SQSG30C2009

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