Asia Pacific Speciality Sweeteners Market was worth USD 0.44 billion in 2018 and estimated to be growing at a CAGR of 5.6%, to reach USD 0.58 billion by 2023. Specialty sweeteners are a different class of sweeteners which are low on calories like polylol and aspartame. Food products which contain special sweeteners have low energy content and are used in cases where the patient needs to control his weight.
Due to rising urbanization there has been an ever increasing excessive weight related problems. There has been a rise in the cases of diabetes which in turn drives the market. Due to weight related problems people are forced to switch to low calorie sugar alternatives causing the market to grow. Consumers have become more health conscious and check the calorie content of the product. Therefore, food processing companies are adding sugar-free and low-calorie alternatives to their product lines.
The market for Speciality Sweeteners is broadly categorized into application and type. By application the market is segmented into food sector, beverages sector and others. Food and beverages sector hold a major share of the market. The food sector is further divided into confectionery, baked products, frozen desserts and others. By type the market is classified into natural and artificial. The natural sweetener segment dominated the market due to lesser side effects as compared to the artificial sweeteners. On the basis of geography, the market is analysed under various regions namely China, India, Japan, Australia and South Korea. Asia Pacific is predicted to grow at a rapid pace in the coming few years due to the increasing population and a rise in the disposable income.
Some of the major companies dominating the market, by their products and services include Coca Cola Company, PepsiCo.Inc, Cargill Inc., Nestle S.A, Ingredion, Roquette, Tate &Lyle, Evolva Holding, Florida Crystal, Galam, GLG Life Tech, Herboveda, Hermes Sweetener, Imperial Sugar, Ingredion, JK Sucralose, McNeil Nutritionals, Morita Kagaku Kogyo, NutraSweet, Pure Circle, Sunwin Stevia International, US Sugar, Wisdom Natural Brands, Zevia, and Zydus Wellness.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Introduction
5.1.2 Food sector
5.1.2.1 Confectionary
5.1.2.2 Baked products
5.1.2.3 Frozen desserts
5.1.2.4 Others
5.1.3 Beverages sector
5.1.4 Others
5.1.5 Y-o-Y Growth Analysis, By Application
5.1.6 Market Attractiveness Analysis, By Application
5.1.7 Market Share Analysis, By Application
5.2 Type
5.2.1 Introduction
5.2.2 Natural
5.2.3 Artificial
5.2.4 Y-o-Y Growth Analysis, By Type
5.2.5 Market Attractiveness Analysis, By Type
5.2.6 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Application
6.1.3.3 By Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Application
6.1.4.3 By Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Application
6.1.5.3 By Type
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Nestle S.A
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Coca Cola company
8.3 PepsiCo Inc.
8.4 Cargill. Inc.
8.5 Ingredion
8.6 Zydus Wellness
8.7 Roquette
8.8 Tate & Lyle
8.9 Hermes Sweetener
8.10 NutraSweet
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
