June 13, 2024
U.S. Artificial Sweeteners Market

U.S. Artificial Sweeteners Market is Estimated to Witness High Growth Owing to Increasing Health Consciousness Among Consumers

The U.S. artificial sweeteners market provides sugar substitutes to the food & beverage industry for various applications. Artificial sweeteners are used as sugar substitutes in processed foods, beverages, bakery and confectionery products. They provide sweetness without increasing blood glucose levels. Commonly used artificial sweeteners in the U.S. include aspartame, acesulfame potassium, saccharin, advantame and sucralose. Rising health concerns due to the growing prevalence of obesity and diabetes have increased the demand for low-calorie sugar substitutes.

The U.S. artificial sweeteners market Size is estimated to be valued at US$ 2.66 Bn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the U.S. artificial sweeteners are Imperial Sugar Company, Cumberland Packing Corp., NOW Foods, Ajinomoto Co. Inc., Celanese Corporation, JK Sucralose Inc., Hermes Sweeteners Ltd., Merisant Company, DuPont, Niutang Chemical Ltd., SweetLeaf, Pyure Brands, Cargill, Archer Daniels Midland, Tate & Lyle, PureCircle, Stevia First Corporation, Wisdom Natural Brands, Xinghua Green Biological Engineering Co. Ltd., GLG Life Tech Corporation. The key opportunities in the market include growing demand for low-calorie products and beverages and increasing use of artificial sweeteners in novel applications. The U.S. artificial sweeteners market is witnessing expansion in North America region owing to the strong product demand from the food and beverage industry.

Market Drivers

The major driver for the U.S. artificial sweeteners market is the rising health consciousness among consumers. With growing prevalence of obesity and diabetes, consumers are increasingly shifting towards low-calorie food options. Artificial sweeteners provide the sweet taste without increasing blood glucose levels or daily calorie intake. This is driving the demand for diet sodas and low-sugar foods and beverages. Additionally, increasing incidence of non-communicable diseases has led players in the food and beverage industry to develop and market more products containing low-calorie artificial sweeteners.

PEST Analysis

Political: The U.S. artificial sweetener market is regulated by the Food and Drug Administration (FDA). The FDA implements and enforces regulations regarding the safety, quality and labeling of food additives such as artificial sweeteners. Changes in FDA policies and regulations could impact the market.

Economic: Rising health consciousness and income levels have increased the demand for low-calorie food and beverage products in the U.S. in recent years. As a result, artificial sweeteners are being increasingly used as sugar substitutes by food producers and consumers looking for alternatives to reduce sugar intake and manage diabetes and obesity.

Social: Changing lifestyle trends and greater focus on weight management have boosted the popularity of diet and low-calorie food and drinks. Artificial sweeteners allow consumers to reduce sugar and calorie consumption without compromising on taste. However, some consumers still associate artificial sweeteners with potential health risks and prefer natural substitutes like stevia.

Technological: Continuous research and development have led to the launch of newer and more effective sweetener formulations and delivery systems. For example, novel delivery mechanisms help mask undesirable tastes and extend product shelf life. Some companies are also exploring genetic modification techniques to produce stevia extracts more efficiently.

The U.S. Midwest region accounts for the largest market share in terms of value due to the high concentration of food and beverage manufacturers. States like Illinois, Indiana, Ohio and Michigan have emerged as major hubs for production of diet beverages, yogurt, cookies and other packaged foods that utilize artificial sweeteners.

The West Coast region, especially California, is the fastest growing market for artificial sweeteners. Rising health awareness, extensive adoption of vegan and sugar-free diets and booming low-calorie snack industry in states like California are fueling demand growth. Moreover, California is home to many leading beverage producers that are aggressively promoting low- and no-sugar drinks boosted by artificial sweeteners.

What Are The Key Data Covered In This U.S. Artificial Sweeteners Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the U.S. Artificial Sweeteners’s growth between 2024 and 2031.

:- Accurate calculation of the size of the U.S. Artificial Sweeteners and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- U.S. Artificial Sweeteners Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of U.S. Artificial Sweeteners vendors

FAQ’s

Q.1 What are the main factors influencing the U.S. Artificial Sweeteners?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top U.S. Artificial Sweeteners companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the U.S. Artificial Sweeteners’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it