KEY FINDINGS
The North America alternative sweeteners market is anticipated to grow with a CAGR of 1.92%, across the forecast years of 2021 to 2028. The strict regulations governing sugar, the increasing consumption of processed foods, and diabetic patients' inclination towards alternative sweeteners, are among the key factors fueling the region's market growth.
MARKET INSIGHTS
The North America alternative sweeteners market growth is assessed by evaluating Canada and the United States. Canada's market for alternative sweeteners continues to observe a steady demand for sweeteners, primarily across the food and beverage industry. According to the report issued by Statistics Canada, the country's population is limiting sugar intake from sugary drinks. In addition, sugar consumption in Canada is expected to gradually decrease over the upcoming years. This factor is projected to aid the country's market growth, since consumers are potentially switching to low-intensity sweeteners. Moreover, they also try to avoid dental issues such as, tooth decay, mainly caused by the regular consumption of sugary drinks.
Conversely, sugar production capability in Canada is substantially low. The country has been dependent on imports over the last few decades, despite its position as a major region across the continent. Since countries in South America are among the leading exporters to Canada, they are subjected to related trade disputes. In this regard, Canada's regulatory structure, especially for sugar substitutes, is relatively extensive, covering natural as well as artificial sweeteners under the Food and Drugs Act and Regulations. Hence, these factors are set to fuel the market growth in Canada over the forecast period.
COMPETITIVE INSIGHTS
Some of the prominent companies operating in the market are, Ingredion Inc, Cargill Inc, Archer Daniels Midland Company, GLG Life Tech Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Alternative Sweeteners Market Forecast 2021-2028
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Increasing Health Concerns Linked With Obesity
3.1.2. Rising Demand For Low-Calorie Sweeteners
3.1.3. Surge In Awareness Of Sugar Substitutes
3.1.4. Growing Importance On Marketing And Advertising Activities By Key Players
3.2. Key Restraints
3.2.1. Incidental Health Problems Due To Overconsumption
3.2.2. Stringent Regulations On The Sweeteners Industry
3.2.3. Rising Challenges For Food Producers
4. Key Analytics
4.1. Impact Of Covid-19 On Alternative Sweeteners Market
4.2. Key Investment Insights
4.3. Porter's Five Force Analysis
4.3.1. Buyer Power
4.3.2. Supplier Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Product
5.1. High Fructose Syrup
5.2. High-Intensity Sweetener
5.2.1. Saccharin
5.2.2. Aspartame
5.2.3. Acesulfame Potassium (Ace-K)
5.2.4. Sucralose
5.2.5. Neotame
5.2.6. Advantame
5.2.7. Steviol Glycosides
5.2.8. Monk Fruit Extract
5.3. Low-Intensity Sweetener
6. Market By Application
6.1. Food
6.2. Beverage
6.3. Other Applications
7. Geographical Analysis
7.1. North America
7.1.1. Key Growth Enablers
7.1.2. Key Challenges
7.1.3. Key Players
7.1.4. Country Analysis
7.1.4.1. United States
7.1.4.2. Canada
8. Competitive Landscape
8.1. Key Strategic Developments
8.1.1. Merger & Acquisitions
8.1.2. Product Launch & Developments
8.1.3. Partnership, Contract/Agreement & Collaboration
8.1.4. Business Expansion
8.2. Company Profiles
8.2.1. Ajinomoto Co Inc
8.2.2. Archer Daniels Midland Company
8.2.3. Cargill Inc
8.2.4. Dupont Nutrition & Health
8.2.5. Glg Life Tech Corporation
8.2.6. Ingredion Inc
8.2.7. Naturex Sa
8.2.8. Tate & Lyle Plc
8.2.9. Purecircle Ltd
8.2.10. Associated British Foods Plc
8.2.11. Roquette Freres
8.2.12. Batory Foods Inc
8.2.13. Celanese Corporation
8.2.14. Hyet Sweet Bv
8.2.15. Heartland Food Products Group
List Of Tables
Table 1: Market Snapshot - Alternative Sweeteners
Table 2: North America Alternative Sweeteners Market, By Product, Historical Years, 2016-2020 (In $ Million)
Table 3: North America Alternative Sweeteners Market, By Product, Forecast Years, 2021-2028 (In $ Million)
Table 4: North America Alternative Sweeteners Market, By High-Intensity Sweetener, Historical Years, 2016-2020 (In $ Million)
Table 5: North America Alternative Sweeteners Market, By High-Intensity Sweetener, Forecast Years, 2021-2028 (In $ Million)
Table 6: North America Alternative Sweeteners Market, By Application, Historical Years, 2016-2020 (In $ Million)
Table 7: North America Alternative Sweeteners Market, By Application, Forecast Years, 2021-2028 (In $ Million)
Table 8: North America Alternative Sweeteners Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 9: North America Alternative Sweeteners Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 10: Leading Players Operating In North America Alternative Sweeteners Market
List Of Figures
Figure 1: Key Investment Insights
Figure 2: Porter's Five Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: North America Alternative Sweeteners Market, Growth Potential, By Product, In 2020
Figure 6: North America Alternative Sweeteners Market, By High Fructose Syrup, 2021-2028 (In $ Million)
Figure 7: North America Alternative Sweeteners Market, By High-Intensity Sweetener, 2021-2028 (In $ Million)
Figure 8: North America Alternative Sweeteners Market, Growth Potential, By High-Intensity Sweetener, In 2020
Figure 9: North America Alternative Sweeteners Market, By Saccharin, 2021-2028 (In $ Million)
Figure 10: North America Alternative Sweeteners Market, By Aspartame, 2021-2028 (In $ Million)
Figure 11: North America Alternative Sweeteners Market, By Acesulfame Potassium (Ace-K), 2021-2028 (In $ Million)
Figure 12: North America Alternative Sweeteners Market, By Sucralose, 2021-2028 (In $ Million)
Figure 13: North America Alternative Sweeteners Market, By Neotame, 2021-2028 (In $ Million)
Figure 14: North America Alternative Sweeteners Market, By Advantame, 2021-2028 (In $ Million)
Figure 15: North America Alternative Sweeteners Market, By Steviol Glycosides, 2021-2028 (In $ Million)
Figure 16: North America Alternative Sweeteners Market, By Monk Fruit Extract, 2021-2028 (In $ Million)
Figure 17: North America Alternative Sweeteners Market, By Low-Intensity Sweetener, 2021-2028 (In $ Million)
Figure 18: North America Alternative Sweeteners Market, Growth Potential, By Application, In 2020
Figure 19: North America Alternative Sweeteners Market, By Food, 2021-2028 (In $ Million)
Figure 20: North America Alternative Sweeteners Market, By Beverage, 2021-2028 (In $ Million)
Figure 21: North America Alternative Sweeteners Market, By Other Applications, 2021-2028 (In $ Million)
Figure 22: North America Alternative Sweeteners Market, Regional Outlook, 2020 & 2028 (In %)
Figure 23: United States Alternative Sweeteners Market, 2021-2028 (In $ Million)
Figure 24: Canada Alternative Sweeteners Market, 2021-2028 (In $ Million)
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