Market Overview:
The global alternative sugar market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy and low-calorie food products. Additionally, the growing awareness about the benefits of using alternative sugars is also propelling the growth of this market. The global alternative sugar market by type is segmented into stevia, xylitol, erythritol, monk fruit sweetener, and others. The monk fruit sweetener segment is projected to grow at a highest CAGR during the forecast period owing to its high sweetness and low calorie content as compared to other types of alternative sugars available in the market. On basis of application, beverage accounted for majority share in 2017 and it is projected that it will maintain its dominance throughout forecast period due rising demand for healthier drinks options across globe coupled with increasing disposable income levels especially in developing countries such as China and India .Food application held second largest share in 2017 Alternative Sugar Marketand itis projected that this trend would continue over next few years owingto rising consumer preference fortasty yet healthy food products across globe .
Product Definition:
Alternative Sugar is a term used to describe sugars which are not sucrose. These include honey, agave nectar, and maple syrup. Alternative sugars often have a lower glycemic index than sucrose, meaning they do not cause as much of a spike in blood sugar levels. This can be important for people with diabetes or other conditions that affect blood sugar levels.
Stevia:
Stevia is a plant extract, which has zero calories and is used as an alternative sweetener in food & beverages. It can also be used for medicinal purposes to treat diabetes, cancer and arthritis. The global stevia market size was valued at USD 856 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of rising demand from end-use industries including pharmaceuticals, dietary supplements and food & beverages.
Xylitol:
Xylitol is a natural sugar found in fibrous plant foods like birch, celery, and corn. It is used as an alternative for regular sugar in the food & beverage industry. Xylitol has some unique properties that set it apart from other sugars such as low glycemic index and Glycaemic Load (GL). This makes it ideal for people with diabetes or who are trying to lose weight.
Application Insights:
Beverage application led the global alternative sugar market and accounted for more than 55% of the total revenue share in 2017. The segment is projected to witness significant growth over the forecast period on account of rising demand from health-conscious consumers, who are increasingly opting for low-calorie beverages sweetened with erythritol and stevia.
Food application is expected to register a CAGR of XX% from 2018 to 2030 owing to increasing consumption of erythritol as baking sweetener in bread, rolls, pastries and cookies manufactured by major bakery companies including Flowers Foods Inc., McKee Foods Ltd., Grupo Bimbo S.A., Aspen Pharmacare Co.; Ltd; Ahold USA; Alpro Corporation; Arla Foods Denmark A/S; etc.
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing awareness regarding health benefits and presence of various manufacturers in the region. Increasing consumption of sugar alternatives due to changing consumer preferences towards natural products will drive the market over the forecast period.
Europe accounted for 23% share in terms of revenue and is projected to witness significant growth on account of growing use as a low-calorie substitute for sugar which has been associated with several health risks such as obesity, diabetes, etc.
Growth Factors:
- Increasing demand for natural and healthier alternatives to artificial sweeteners.
- Rising awareness about the health benefits of consuming alternative sugars.
- Growing popularity of low-carbohydrate and ketogenic diets that favor alternative sugars over other sweeteners.
- Innovation in product offerings by manufacturers to cater to the needs of different consumer segments.
- increasing demand from emerging markets due to rising disposable incomes and changing lifestyles
Scope Of The Report
Report Attributes
Report Details
Report Title
Alternative Sugar Market Research Report
By Type
Stevia, Xylitol, Erythritol, Monk Fruit Sweetener, Others
By Application
Beverage, Food, Health Care Products, Pharmaceutical Industry, Cosmetics, Others
By Companies
Purecircle Limited, Qufu Xiangzhou Stevia, Layn, Zhucheng Haotian, Cargill (Evolva), Sunwin Stevia International, GLG Life Tech, Tate & Lyle, Morita Kagakau Kogyo, Tianjin Jianfeng, Hunan NutraMax, HuZhou LiuYin Biological
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Alternative Sugar Market Report Segments:
The global Alternative Sugar market is segmented on the basis of:
Types
Stevia, Xylitol, Erythritol, Monk Fruit Sweetener, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beverage, Food, Health Care Products, Pharmaceutical Industry, Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Purecircle Limited
- Qufu Xiangzhou Stevia
- Layn
- Zhucheng Haotian
- Cargill (Evolva)
- Sunwin Stevia International
- GLG Life Tech
- Tate & Lyle
- Morita Kagakau Kogyo
- Tianjin Jianfeng
- Hunan NutraMax
- HuZhou LiuYin Biological
Highlights of The Alternative Sugar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stevia
- Xylitol
- Erythritol
- Monk Fruit Sweetener
- Others
- By Application:
- Beverage
- Food
- Health Care Products
- Pharmaceutical Industry
- Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alternative Sugar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alternative sugar is a type of sweetener that is not typically found in nature. It can be made from different types of plants, including fruits, vegetables, and honey.
Some of the key players operating in the alternative sugar market are Purecircle Limited, Qufu Xiangzhou Stevia, Layn, Zhucheng Haotian, Cargill (Evolva), Sunwin Stevia International, GLG Life Tech, Tate & Lyle, Morita Kagakau Kogyo, Tianjin Jianfeng, Hunan NutraMax, HuZhou LiuYin Biological.
The alternative sugar market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alternative Sugar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Alternative Sugar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alternative Sugar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Alternative Sugar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Alternative Sugar Market Size & Forecast, 2018-2028
4.5.1 Alternative Sugar Market Size and Y-o-Y Growth
4.5.2 Alternative Sugar Market Absolute $ Opportunity
Chapter 5 Global Alternative Sugar Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Alternative Sugar Market Size Forecast by Type
5.2.1 Stevia
5.2.2 Xylitol
5.2.3 Erythritol
5.2.4 Monk Fruit Sweetener
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Alternative Sugar Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Alternative Sugar Market Size Forecast by Applications
6.2.1 Beverage
6.2.2 Food
6.2.3 Health Care Products
6.2.4 Pharmaceutical Industry
6.2.5 Cosmetics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alternative Sugar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alternative Sugar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Alternative Sugar Analysis and Forecast
9.1 Introduction
9.2 North America Alternative Sugar Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Alternative Sugar Market Size Forecast by Type
9.6.1 Stevia
9.6.2 Xylitol
9.6.3 Erythritol
9.6.4 Monk Fruit Sweetener
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Alternative Sugar Market Size Forecast by Applications
9.10.1 Beverage
9.10.2 Food
9.10.3 Health Care Products
9.10.4 Pharmaceutical Industry
9.10.5 Cosmetics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Alternative Sugar Analysis and Forecast
10.1 Introduction
10.2 Europe Alternative Sugar Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Alternative Sugar Market Size Forecast by Type
10.6.1 Stevia
10.6.2 Xylitol
10.6.3 Erythritol
10.6.4 Monk Fruit Sweetener
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Alternative Sugar Market Size Forecast by Applications
10.10.1 Beverage
10.10.2 Food
10.10.3 Health Care Products
10.10.4 Pharmaceutical Industry
10.10.5 Cosmetics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Alternative Sugar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Alternative Sugar Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Alternative Sugar Market Size Forecast by Type
11.6.1 Stevia
11.6.2 Xylitol
11.6.3 Erythritol
11.6.4 Monk Fruit Sweetener
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Alternative Sugar Market Size Forecast by Applications
11.10.1 Beverage
11.10.2 Food
11.10.3 Health Care Products
11.10.4 Pharmaceutical Industry
11.10.5 Cosmetics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Alternative Sugar Analysis and Forecast
12.1 Introduction
12.2 Latin America Alternative Sugar Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Alternative Sugar Market Size Forecast by Type
12.6.1 Stevia
12.6.2 Xylitol
12.6.3 Erythritol
12.6.4 Monk Fruit Sweetener
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Alternative Sugar Market Size Forecast by Applications
12.10.1 Beverage
12.10.2 Food
12.10.3 Health Care Products
12.10.4 Pharmaceutical Industry
12.10.5 Cosmetics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Alternative Sugar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Alternative Sugar Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Alternative Sugar Market Size Forecast by Type
13.6.1 Stevia
13.6.2 Xylitol
13.6.3 Erythritol
13.6.4 Monk Fruit Sweetener
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Alternative Sugar Market Size Forecast by Applications
13.10.1 Beverage
13.10.2 Food
13.10.3 Health Care Products
13.10.4 Pharmaceutical Industry
13.10.5 Cosmetics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alternative Sugar Market: Competitive Dashboard
14.2 Global Alternative Sugar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Purecircle Limited
14.3.2 Qufu Xiangzhou Stevia
14.3.3 Layn
14.3.4 Zhucheng Haotian
14.3.5 Cargill (Evolva)
14.3.6 Sunwin Stevia International
14.3.7 GLG Life Tech
14.3.8 Tate & Lyle
14.3.9 Morita Kagakau Kogyo
14.3.10 Tianjin Jianfeng
14.3.11 Hunan NutraMax
14.3.12 HuZhou LiuYin Biological
