The global sweeteners market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The market is driven by the increasing demand for low-calorie and sugar-free food and beverages, which are driving the demand for sweeteners in food and beverage applications. The growing health consciousness among consumers has led to an increase in consumption of low-calorie or sugar-free products, which has increased the demand for sweeteners in pharmaceuticals applications as well.
The global sweetener market is segmented on the basis of type into stevia extracts, tagatose, trehalose; on application into food and beverages and pharmaceuticals; and on region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
- The global population is increasing and the demand for food is also increasing.
- The global population is aging and the demand for sugar substitutes will increase as a result of this demographic shift.
- There are many health benefits associated with using artificial sweeteners, such as weight loss, reduced risk of diabetes, and reduced risk of cardiovascular disease.
- Artificial sweeteners are often used in diet sodas which have been shown to reduce the risk of obesity in children by up to 40%.
- Artificial sweeteners can be used in cooking or baking without altering the taste or texture of food products.
Industry Growth Insights published a new data on “Novel Sweeteners Market”. The research report is titled “Novel Sweeteners Market research by Types (Stevia Extracts, Tagatose, Trehalose, Other), By Applications (Food and Beverages, Pharmaceuticals, Other), By Players/Companies Royal DSM, BASF, Chr. Hansen, FMC, Algatechnologies, Allied Biotech, AquaCarotene, Kemin Industries, Cyanotech, DDW The Color House, Doehler Group, EID Parry, ExcelVite, Farbest Brands, Guangzhou Leader Bio-Technology”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Novel Sweeteners Market Research Report
By Type
Stevia Extracts, Tagatose, Trehalose, Other
By Application
Food and Beverages, Pharmaceuticals, Other
By Companies
Royal DSM, BASF, Chr. Hansen, FMC, Algatechnologies, Allied Biotech, AquaCarotene, Kemin Industries, Cyanotech, DDW The Color House, Doehler Group, EID Parry, ExcelVite, Farbest Brands, Guangzhou Leader Bio-Technology
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Novel Sweeteners Market Report Segments:
The global Novel Sweeteners market is segmented on the basis of:
Types
Stevia Extracts, Tagatose, Trehalose, Other
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
Food and Beverages, Pharmaceuticals, Other
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:
- Royal DSM
- BASF
- Chr. Hansen
- FMC
- Algatechnologies
- Allied Biotech
- AquaCarotene
- Kemin Industries
- Cyanotech
- DDW The Color House
- Doehler Group
- EID Parry
- ExcelVite
- Farbest Brands
- Guangzhou Leader Bio-Technology
Highlights of The Novel Sweeteners 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 Extracts
- Tagatose
- Trehalose
- Other
- By Application:
- Food and Beverages
- Pharmaceuticals
- Other
- 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 Novel Sweeteners 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- 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?
Novel sweeteners are a type of artificial sweetener that have not been widely used before. They are often considered to be more intense than other types of artificial sweeteners, and may have different effects on the body.
Some of the major players in the novel sweeteners market are Royal DSM, BASF, Chr. Hansen, FMC, Algatechnologies, Allied Biotech, AquaCarotene, Kemin Industries, Cyanotech, DDW The Color House, Doehler Group, EID Parry, ExcelVite, Farbest Brands, Guangzhou Leader Bio-Technology.
The novel sweeteners market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Novel Sweeteners Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Novel Sweeteners Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Novel Sweeteners Market - Supply Chain
4.5. Global Novel Sweeteners Market Forecast
4.5.1. Novel Sweeteners Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Novel Sweeteners Market Size (000 Units) and Y-o-Y Growth
4.5.3. Novel Sweeteners Market Absolute $ Opportunity
5. Global Novel Sweeteners Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Novel Sweeteners Market Size and Volume Forecast by Type
5.3.1. Stevia Extracts
5.3.2. Tagatose
5.3.3. Trehalose
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Novel Sweeteners Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Novel Sweeteners Market Size and Volume Forecast by Application
6.3.1. Food and Beverages
6.3.2. Pharmaceuticals
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Novel Sweeteners Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Novel Sweeteners Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Novel Sweeteners Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Novel Sweeteners Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Novel Sweeteners Demand Share Forecast, 2019-2026
9. North America Novel Sweeteners Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Novel Sweeteners Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Novel Sweeteners Market Size and Volume Forecast by Application
9.4.1. Food and Beverages
9.4.2. Pharmaceuticals
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Novel Sweeteners Market Size and Volume Forecast by Type
9.7.1. Stevia Extracts
9.7.2. Tagatose
9.7.3. Trehalose
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Novel Sweeteners Demand Share Forecast, 2019-2026
10. Latin America Novel Sweeteners Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Novel Sweeteners Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Novel Sweeteners Market Size and Volume Forecast by Application
10.4.1. Food and Beverages
10.4.2. Pharmaceuticals
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Novel Sweeteners Market Size and Volume Forecast by Type
10.7.1. Stevia Extracts
10.7.2. Tagatose
10.7.3. Trehalose
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Novel Sweeteners Demand Share Forecast, 2019-2026
11. Europe Novel Sweeteners Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Novel Sweeteners Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Novel Sweeteners Market Size and Volume Forecast by Application
11.4.1. Food and Beverages
11.4.2. Pharmaceuticals
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Novel Sweeteners Market Size and Volume Forecast by Type
11.7.1. Stevia Extracts
11.7.2. Tagatose
11.7.3. Trehalose
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maket Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Novel Sweeteners Demand Share, 2019-2026
12. Asia Pacific Novel Sweeteners Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Novel Sweeteners Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Novel Sweeteners Market Size and Volume Forecast by Application
12.4.1. Food and Beverages
12.4.2. Pharmaceuticals
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Novel Sweeteners Market Size and Volume Forecast by Type
12.7.1. Stevia Extracts
12.7.2. Tagatose
12.7.3. Trehalose
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Novel Sweeteners Demand Share, 2019-2026
13. Middle East & Africa Novel Sweeteners Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Novel Sweeteners Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Novel Sweeteners Market Size and Volume Forecast by Application
13.4.1. Food and Beverages
13.4.2. Pharmaceuticals
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Novel Sweeteners Market Size and Volume Forecast by Type
13.7.1. Stevia Extracts
13.7.2. Tagatose
13.7.3. Trehalose
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Novel Sweeteners Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Novel Sweeteners Market: Market Share Analysis
14.2. Novel Sweeteners Distributors and Customers
14.3. Novel Sweeteners Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Royal DSM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chr. Hansen
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FMC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Algatechnologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Allied Biotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AquaCarotene
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kemin Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cyanotech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DDW The Color House
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Doehler Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EID Parry
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ExcelVite
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Farbest Brands
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Guangzhou Leader Bio-Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
