Alternative Sweetener Market - By Type: Sugar Alcohols, High-Intensity Sweeteners, Low-Intensity Sweeteners, Natural Sweeteners. By Application: Food & Beverages, Pharmaceuticals, Cosmetics. By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
The global Alternative Sweetener Market was valued at 22.5 billion in 2023 and is projected to reach 48.3 billion by 2031, growing at a CAGR of 9.8%. Rising diabetes prevalence, clean-label demand, and sugar reduction policies drive growth.
2024 Market Breakthroughs
Market Drivers
1. Health Consciousness
2. Sugar Reduction Policies
3. Cost Parity Breakthroughs
Competitive Landscape
|
Company |
Market Share |
Flagship Product |
Strategic Edge |
|
Cargill |
25% |
EverSweet® (Stevia) |
1:1 sugar replacement tech |
|
Ingredion |
XX% |
Bestevia® (Monk Fruit) |
Diabetic-friendly blends |
|
Tate & Lyle |
XX% |
Dolcia Prima® (Allulose) |
Heat-stable formulations |
Emerging Disruptors:
Market Segmentation
Recent Developments (2024)
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