Global Low Intensity Sweeteners Market 2024–2033

Reports Description

As per the current market research conducted by CMI Team, the global Low Intensity Sweeteners market is expected to record a CAGR of 7.25% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 2.7 billion. By 2032, the valuation is anticipated to reach USD 3.56 billion.

Sweeteners are substances added to food to provide a sweet taste, often used as sugar substitutes. Among them, low intensity sweeteners stand out as low-calorie or zero-calorie alternatives to sugar that help maintain calorie balance while satisfying the desire for sweetness. These sweeteners play a crucial role in weight loss efforts and have a minimal impact on insulin levels, distinguishing them from high-intensity sweeteners. They find wide-ranging applications in various industries including food and beverage, pharmaceuticals, and confectionery.

In addition to their role in weight management, low intensity sweeteners are particularly beneficial for individuals with diabetes or obesity. With a growing global emphasis on health and wellness, the demand for low intensity sweeteners is expected to surge, especially considering the rising popularity of low-to-no sugar beverages. Consequently, the Low Intensity Sweeteners Market is projected to experience accelerated growth in the foreseeable future.

Low Intensity Sweeteners Market – Significant Growth Factors

The Low Intensity Sweeteners Market is being driven by several significant growth factors:

• Increasing consumer inclination towards low-calorie food: There is a growing consumer preference for low-calorie food options, driven by health consciousness and the desire to manage weight. Low intensity sweeteners provide a way to enjoy a sweet taste while reducing calorie intake, thus catering to this demand.

• Rising demand for low-calorie products: With the increasing awareness of the adverse effects of excessive sugar consumption, there is a growing demand for low-calorie products across various industries, including food and beverage, pharmaceuticals, and confectionery. Low intensity sweeteners serve as an essential ingredient in formulating these products.

• Health awareness and wellness trends: Consumers are becoming more health-conscious and are actively seeking healthier alternatives to traditional sugar. Low intensity sweeteners offer an attractive option as they provide sweetness without the associated calories, making them suitable for individuals with diabetes, obesity, or those following a balanced diet.

• Growing demand for natural sweeteners: The food and beverage industry is experiencing a significant rise in demand for natural ingredients, including natural sweeteners. Low intensity sweeteners derived from natural sources, such as stevia, monk fruit, or erythritol, are gaining popularity due to their perceived health benefits and clean label appeal.

• Expansion of the food and beverage industry: The overall growth of the food and beverage industry, driven by changing consumer preferences and increasing population, positively impacts the low intensity sweeteners market. Manufacturers in this industry are incorporating low intensity sweeteners into their product formulations to cater to the evolving consumer demands.

• Technological advancements in sweetener production: Ongoing research and development efforts have resulted in advancements in the production processes of low intensity sweeteners. This has led to improved quality, taste, and availability of a wide range of sweetener options, further fueling the market growth.

Overall, the combination of consumer demand for healthier food choices, the rise of natural ingredient preferences, and advancements in sweetener technology are key factors driving the growth of the Low Intensity Sweeteners Market.

Low Intensity Sweeteners Market – Mergers and Acquisitions

The Low Intensity Sweeteners Market has witnessed various mergers and acquisitions, which have significantly shaped the industry landscape. Some notable examples include:

• Ingredion’s acquisition of PureCircle: Ingredion, a leading global ingredient solutions provider, acquired PureCircle, a producer and innovator of stevia-based sweeteners. This acquisition enabled Ingredion to strengthen its position in the low calorie and natural sweeteners market.

• Cargill’s acquisition of WILD Flavors: Cargill, a major player in the food and agricultural industry, acquired WILD Flavors, a manufacturer of natural ingredients, flavors, and sweetening solutions. This acquisition allowed Cargill to expand its portfolio of low calorie and natural sweeteners, enhancing its competitiveness in the market.

• Tate & Lyle’s acquisition of Biovelop: Tate & Lyle, a global provider of food ingredients and solutions, acquired Biovelop, a Swedish manufacturer of oat-based ingredients, including oat beta-glucan. This acquisition helped Tate & Lyle to broaden its range of low-calorie and fiber-rich sweeteners, addressing the growing demand for healthier food options.

• Kerry Group’s acquisition of Ojah BV: Kerry Group, a global taste and nutrition company, acquired Ojah BV, a Dutch manufacturer of plant-based protein products. This acquisition allowed Kerry Group to expand its portfolio of low-calorie and plant-based sweeteners, catering to the increasing consumer demand for clean-label and sustainable food choices.

• ADM’s acquisition of Ziegler Group: ADM, a global food processing and commodities trading corporation, acquired Ziegler Group, a leading provider of natural citrus flavors and ingredients. This acquisition enabled ADM to strengthen its position in the natural and low-calorie sweeteners market, particularly in the citrus-based segment.

These mergers and acquisitions have facilitated market consolidation, expanded product portfolios, and improved the technological capabilities of the companies involved. They have also contributed to the development and availability of a wider range of low intensity sweeteners, meeting the diverse needs and preferences of consumers in the industry.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Low Intensity Sweeteners Market – Significant Threats

While the Low Intensity Sweeteners Market presents significant growth opportunities, there are also several notable threats that could impact the industry:

• Health concerns and regulatory scrutiny: As with any food ingredient, low intensity sweeteners face ongoing scrutiny regarding their safety and potential health effects. Concerns and controversies surrounding artificial sweeteners, in particular, may lead to consumer scepticism and regulatory interventions, which could restrict their usage or require additional labelling and warnings.

• Competition from alternative sweeteners: The low intensity sweeteners market faces competition from other sugar substitutes and natural sweeteners. Alternative sweeteners such as high intensity sweeteners (e.g., aspartame, sucralose) and natural sweeteners (e.g., honey, maple syrup, agave nectar) provide different taste profiles and health perceptions, posing a challenge to the growth and market share of low intensity sweeteners.

• Price volatility of raw materials: The production of low intensity sweeteners relies on various raw materials, such as stevia leaves, corn, or sugar alcohols. Fluctuations in the prices of these raw materials can impact the cost of production and, subsequently, the pricing of low intensity sweeteners. Price volatility may affect the competitiveness and profitability of market players.

• Shift in consumer preferences: Consumer preferences are subject to change, influenced by evolving health trends, taste preferences, and marketing strategies. If consumer preferences shift towards natural or alternative sweeteners, or if new sweetening solutions emerge, it could lead to a decline in demand for low intensity sweeteners, posing a threat to the market.

• Negative perception and misinformation: The perception of low intensity sweeteners may be influenced by misinformation or misconceptions regarding their safety, potential side effects, or effectiveness for weight management. Negative publicity or misleading information can impact consumer trust and adoption, hindering market growth.

• Adverse effects on taste and texture: Low intensity sweeteners, particularly when used in high concentrations, may have a noticeable impact on taste and texture compared to natural sugar. If consumers perceive a significant difference in sensory attributes, it could limit their acceptance and adoption of low intensity sweetener-based products.

Market players in the low intensity sweeteners industry need to address these threats by investing in research and development, ensuring regulatory compliance, educating consumers about the benefits and safety of their products, and continuously innovating to meet changing consumer preferences and demands.

Report Scope

Category-Wise Insights

The global Low Intensity Sweeteners Market can be segmented based on the type of sweeteners. Here is a segmentation analysis of the market based on different types of low intensity sweeteners:

• Xylitol: Xylitol is a popular low intensity sweetener that is widely used as a sugar substitute. It is derived from natural sources such as fruits and vegetables. Xylitol offers sweetness with reduced calorie content and is commonly used in various food and beverage products, including chewing gums, confectionery, and baked goods.
• Tagatose: Tagatose is a low calorie sweetener that is naturally found in dairy products. It provides a similar taste to sugar but with fewer calories. Tagatose is used in a range of food and beverage applications, including beverages, dairy products, and baked goods.
• Allulose: Allulose is a low calorie sweetener that occurs naturally in small quantities in fruits like figs and raisins. It offers the same sweetness as sugar but with significantly fewer calories. Allulose is commonly used in a variety of food and beverage products, including baked goods, dairy products, and confectionery.
• Trehalose: Trehalose is a low intensity sweetener derived from starch and is known for its ability to retain moisture and improve texture in food products. It is used in various applications, including bakery, confectionery, frozen desserts, and beverages.
• Isomaltulose: Isomaltulose, also known as palatinose, is a low glycemic index sweetener derived from beet sugar. It provides a slow and sustained release of glucose, making it suitable for diabetic-friendly products and sports nutrition. Isomaltulose is used in a range of food and beverage applications, including sports drinks, meal replacement shakes, and energy bars.

Low Intensity Sweeteners Market – Regional Analysis

The Low Intensity Sweeteners Market can be analyzed based on regional segmentation, considering the consumption and demand for low intensity sweeteners in different geographical regions. Here is a regional analysis of the market:

• North America: North America is a significant market for low intensity sweeteners due to the increasing demand for low-calorie food and beverages driven by health-conscious consumers. The United States, in particular, has a large market for low intensity sweeteners, with the presence of major food and beverage manufacturers focusing on producing healthier alternatives. The growing prevalence of obesity and diabetes in the region further contributes to the demand for low calorie sweeteners.
• Europe: Europe is another prominent market for low intensity sweeteners, driven by the rising health awareness and the shift towards healthier food options. Countries like Germany, France, and the United Kingdom are key contributors to the market growth. The European Union’s regulations promoting the use of low calorie sweeteners in food and beverages have also influenced the market positively.
• Asia Pacific: The Asia Pacific region is experiencing significant growth in the low intensity sweeteners market. Countries such as China, India, and Japan are witnessing increased consumer awareness about health and wellness, leading to a rise in the demand for low calorie products. Changing dietary patterns, urbanization, and the increasing prevalence of lifestyle diseases are key factors driving the market growth in this region.
• Latin America: Latin America is emerging as a promising market for low intensity sweeteners. The region’s growing middle-class population, urbanization, and rising health consciousness contribute to the increasing demand for low calorie food and beverages. Brazil, Mexico, and Argentina are the key markets in the region, with a focus on reducing sugar consumption and promoting healthier lifestyles.
• Middle East and Africa: The Middle East and Africa region also offer growth opportunities for low intensity sweeteners. Changing consumer preferences, rising obesity rates, and an increasing focus on health and wellness are driving the demand for low calorie alternatives. Countries like South Africa, Saudi Arabia, and the United Arab Emirates are witnessing significant market growth.

List of the prominent players in the Low Intensity Sweeteners Market:

• Cargill
• Incorporated
• Ingredion Incorporated
• Roquette Frères
• Matsutani Chemical Industry Co. Ltd.
• PureCircle
• Tate & Lyle.
• zuChem, Inc.
• Gulshan Polyols Ltd.
• DuPont
• myris
• NutraSweet Co.
• ADM
• DSM
• GLG LIFE TECH CORP.
• Südzucker AG
• HYET Sweet
• Wisdom Natural Brands
• Icon Foods
• Gadot Biochemical Industries Ltd.
• BENEO
• Others

The Low Intensity Sweeteners market is segmented as follows:

By Type

• Xylitol
• Tagatose
• Allulose
• Trehalose
• Isomaltulose

By Category

• Natural
• Synthetic

By Application

• Bakery
• Beverages
• Confectionery
• Dairy
• Ice-Cream and Deserts
• Table-Top Sweetener
• Pharmaceuticals

By Region

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America