Market by Product, Application, and Country | Forecast 2021-2028
As per Triton’s research report, Europe’s alternative sweeteners market is projected to thrive at a CAGR of 2.44% based on revenue during the reviewed years of 2021-2028.
The countries sifted in
this market include:
• The UK
• Spain
• Germany
• Italy
• France
• Russia
• Rest of Europe
The surge in the obese
population, along with the growing number of diabetic patients, has compelled
governments to impose sugar taxes on sweetened beverages across Europe. This
step has led to a reduction in sugar content in drinks and other food products,
such as bakery items and breakfast cereals. Additionally, as per laws,
manufacturers are required to display accurate information on the packaging about
the ingredients used in food products. In such a case, manufacturers are likely
to use low-intensity sweeteners to attract more consumers. Along with these
factors, the growing inclination towards maintaining a healthy lifestyle has
increased the demand for low-calorie sugar products, which is anticipated to
boost the alternative sweeteners market on a growth path.
In the United Kingdom,
the studied market’s growth is primarily led by the growing demand for natural
sweeteners. Moreover, the surge in the adoption of sweetened yogurt and bakery
products is anticipated to support the development of the alternative
sweeteners market. Further, the steps undertaken by soft drinks companies to
decrease sugar content in their products, paired with a change in consumer
purchasing, are influencing the adoption of alternative sweeteners. Besides,
the manufacturers are advised by Public Health England to reduce sugar content,
further adding to the expansion of the alternative sweeteners market across the
country.
Associated British
Foods is engaged in providing various products, such as hot beverages, sugar
and sweeteners, vegetable oils, baked goods, cereals, and other products. The
company is also involved in producing and processing sugar beet and sugar cane
for industrial users. Its business segments are classified into retail,
grocery, sugar, ingredients, and agriculture. It has operations spread across
multiple locations, with headquarters based in London, the United Kingdom.
1. EUROPE
ALTERNATIVE SWEETENERS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON ALTERNATIVE SWEETENERS MARKET
2.2. KEY
INSIGHTS
2.2.1. INCREASE
IN DEMAND FOR HIGH-INTENSITY SWEETENER AS A SUGAR SUBSTITUTE
2.2.2. USAGE
OF SWEETENERS IN FOOD
2.2.3. RISING
SIGNIFICANCE OF PRODUCT LABELLING
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. PARTNERSHIPS
& AGREEMENTS
2.6.4. BUSINESS
EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. INCREASING
INCIDENCE OF DIABETES
2.7.2. DEMAND
FOR LOW-CALORIE SWEETENERS
2.8. MARKET
RESTRAINTS
2.8.1. HEALTH
PROBLEMS DUE TO OVERCONSUMPTION
2.8.2. REGULATIONS
ON THE SWEETENERS INDUSTRY
2.8.3. GROWING
CHALLENGES FOR FOOD MANUFACTURERS
2.9. MARKET
OPPORTUNITIES
2.9.1. AWARENESS
REGARDING BENEFITS OF SUGAR ALTERNATIVES
2.9.2. GROWING
FOCUS ON ADVERTISING ACTIVITIES BY MAJOR COMPANIES
3. EUROPE
ALTERNATIVE SWEETENERS MARKET OUTLOOK - BY PRODUCT
3.1. HIGH-FRUCTOSE
SYRUP
3.2. HIGH-INTENSITY
SWEETENER
3.2.1. SACCHARIN
3.2.2. ASPARTAME
3.2.3. ACESULFAME
POTASSIUM (ACE-K)
3.2.4. SUCRALOSE
3.2.5. NEOTAME
3.2.6. ADVANTAME
3.2.7. STEVIOL
GLYCOSIDES
3.2.8. MONK
FRUIT EXTRACT
3.3. LOW-INTENSITY
SWEETENER
4. EUROPE
ALTERNATIVE SWEETENERS MARKET OUTLOOK - BY APPLICATION
4.1. FOOD
4.2. BEVERAGE
4.3. OTHER
APPLICATIONS
5. EUROPE
ALTERNATIVE SWEETENERS MARKET – REGIONAL OUTLOOK
5.1. UNITED
KINGDOM
5.2. GERMANY
5.3. FRANCE
5.4. SPAIN
5.5. ITALY
5.6. RUSSIA
5.7. REST
OF EUROPE
6. COMPETITIVE
LANDSCAPE
6.1. AJINOMOTO
CO INC
6.2. ASSOCIATED
BRITISH FOODS
6.3. ARCHER
DANIELS MIDLAND
6.4. BATORY
FOODS
6.5. CARGILL
INC
6.6. CELANESE
CORPORATION
6.7. DUPONT
NUTRITION & HEALTH
6.8. GLG
LIFE TECH CORPORATION
6.9. HYET
SWEET BV
6.10. HEARTLAND
FOOD PRODUCTS GROUP
6.11. INGREDION
INC
6.12. NATUREX
SA
6.13. PURECIRCLE
LTD
6.14. ROQUETTE
FRERES
6.15. TATE
& LYLE PLC
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
RESEARCH METHODOLOGY
TABLE 1: MARKET
ATTRACTIVENESS INDEX
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
ACQUISITIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
PARTNERSHIPS & AGREEMENTS
TABLE 6: LIST OF
BUSINESS EXPANSIONS
TABLE 7: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 8: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 9: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $
MILLION)
TABLE 10: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY PRODUCT, 2020 & 2028
FIGURE 3: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY HIGH-FRUCTOSE SYRUP, 2021-2028 (IN $ MILLION)
FIGURE 4: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2021-2028 (IN $
MILLION)
FIGURE 5: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY HIGH-INTENSITY SWEETENER, 2020 & 2028
FIGURE 6: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY SACCHARIN, 2021-2028 (IN $ MILLION)
FIGURE 7: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY ASPARTAME, 2021-2028 (IN $ MILLION)
FIGURE 8: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY ACESULFAME POTASSIUM (ACE-K), 2021-2028 (IN $
MILLION)
FIGURE 9: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY SUCRALOSE, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY NEOTAME, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY ADVANTAME, 2021-2028 (IN $ MILLION)
FIGURE 12: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY STEVIOL GLYCOSIDES, 2021-2028 (IN $ MILLION)
FIGURE 13: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY MONK FRUIT EXTRACT, 2021-2028 (IN $ MILLION)
FIGURE 14: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY LOW-INTENSITY SWEETENER, 2021-2028 (IN $
MILLION)
FIGURE 15: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY APPLICATION, 2020 & 2028
FIGURE 16: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY FOOD, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE
ALTERNATIVE SWEETENERS MARKET, BY BEVERAGE, 2021-2028 (IN $ MILLION)
FIGURE 18: EUROPE ALTERNATIVE
SWEETENERS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 19: EUROPE
ALTERNATIVE SWEETENERS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 20: UNITED
KINGDOM ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 21: GERMANY
ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: FRANCE
ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: SPAIN
ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: ITALY
ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: RUSSIA
ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: REST OF
EUROPE ALTERNATIVE SWEETENERS MARKET 2021-2028 (IN $ MILLION)