Global Artificial Sweetener Market to reach USD 9.67 Billion by 2027.
Global Artificial Sweetener Market is valued approximately at USD 6.85 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.05% over the forecast period 2021-2027. Artificial sweeteners are synthetically produced sugar substitutes. There are only 5 sweeteners approved by the Food and Drug Administration and the European Food safety Administration (EFSA) which are saccharin, acesulfame, aspartame, neo-time and sucralose. Increasing trend of low calories sugar-free foods is prompting the food and beverage sector to use artificial sweeteners. Certain countries including Britain, Hungary, Finland, and France have imposed sugar taxes which prompted the customers to shift from sugary beverages to low calorie versions which is supporting the market growth. The objective of the tax is to reduce the burden of obesity among individuals. But long term consumption of artificial sweeteners can cause bloating, diarrhea and gastrointestinal disorders. According to some studies, artificial sweeteners such as saccharin and aspartame can cause blood related disorders, including leukemia, which may be fatal. These factors can hinder the growth of the market. Increasing investment in the R&D of new sugar alternatives are giving various opportunities to the market to grow. Various beverages manufacturers such as Coca-Cola are using substitutes in their products.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Artificial Sweetener market. North America is the leader in the artificial sweetener market because of greater demand in the US for bakery products. Neotame artificial sweetener is used in bakery products due to its high shelf-life stability. The Asia Pacific is expected to grow significantly in the coming years because of the presence of large number of dairy manufacturing industries such as tofu, yogurt, and cream in countries such as India, China and Japan.
Major market player included in this report are
DuPont
ADM
Tate & Lyle
Ingredion Incorporated
Cargill Incorporated
Roquette Fr??res
PureCircle Ltd
MacAndrews & Forbes Holdings Inc.
JK Sucralose Inc.
Ajinomoto Co. Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Aspartame
Acesulfame-k
Monosodium Glutamate
Saccharin
Sodium Benzoate
By Application:
bakery Items
Dairy Products
Confectionery
Beverages
Other
By Distribution Channel:
supermarkets & Hypermarkets
Departmental Stores
Convenience Stores
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Artificial Sweetner Marketl in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors