The Europe Artificial Sweetener Market is projected to have the highest shares in terms of revenue during the forecast period 2021 and 2026.
Artificial sweeteners are sugar substitutes obtained from natural substances. It is added to food and beverage products and provides a sweet taste while maintaining caloric content. Artificial sweeteners are used as an alternative to sugar due to their low energy density and their widespread use in many foods such as dairy, sweets, bakery products, and other foods. It also improves the taste, makes it healthier compared to sugar-based foods, and maintains the individual's overall health. They are currently used as sugar substitutes because they contain few calories and help keep blood sugar levels low. They are widely used in processed foods such as powdered candy, drink mixes, baked goods, dairy products, jams and jellies, and other similar foods and beverages to maintain their flavor and make them healthier at the same time. In addition to this, artificial sweeteners are derived from natural substances called high-density sweeteners. It consists of consumption without calories or reduced in calories; it is one of the main substitutes for sugar.
Reduced manufacturing costs and improved financial systems of scale are driving the expansion of the market for Europe Artificial Sweetener.
The European market for artificial sweeteners is becoming widespread as consumer awareness of artificial sweeteners' benefits grows and the demand for low-calorie, sugar-free products increases. At the same time, an increase in diseases such as obesity, heart disease, diabetes, and other health problems will directly increase the demand for artificial sweeteners. Furthermore, the market is experiencing unprecedented growth due to a fundamental shift in consumption patterns towards healthy food options that are low in sugar. Accelerated adoption of artificial sweeteners in numerous end-user industries is driving further the European Artificial Sweetener market growth in the future. Also, large-scale awareness of obesity and health-related issues will extend the expansion of the artificial sweetener market over the expected period. The enormous health awareness of the world population and the enormous demand for low-calorie sugar substitutes will define the European Artificial Sweetener market's future growth. The growing demand for sugar-free alternatives will create a lucrative growth path for the European Artificial Sweetener market over an expected period of time. Artificial sweeteners have almost replaced sugar in the beverage industry, especially carbonated beverages. The properties of artificial sweeteners, such as the natural profile and clean label, are driving the market for artificial sweeteners. In addition, for soft drinks, the use of sugar is reduced without affecting the appearance and taste, allowing manufacturers in the beverage industry to replace sugar with artificial sweeteners. Artificial sweeteners are widely used in bakery, pastry, and dairy products. As artificial sweeteners reduce production costs and improve economies of scale, the European Artificial Sweetener market is projected to have an upward momentum during the forecast period 2021-2026. As people's awareness and health awareness increase, the demand for low-calorie sugar substitutes and sugar-free products increases, driving the European Artificial Sweetener market's growth. Therefore, food processing companies produce low-calorie and sugar-free alternatives as their main products to drive the Europe Artificial Sweetener market growth. Despite the increasing rate of obesity, consumers' constant desire for sweet and tasty foods is leading to a growing demand for artificial sweeteners, which is expected to create numerous opportunities for Europe's Artificial Sweetener market growth. Growing awareness of obesity and health-related issues could increase the size of the European Artificial Sweetener market. These sweeteners help maintain hormone and blood sugar levels while protecting the body from extra calorie intake, leading to serious medical conditions, including hyperglycemia. These factors are expected to drive the size of the European Artificial Sweetener market within the forecast period.
New safety concerns for artificial sweeteners and allergic reactions from consumers are major factors that will have a negative impact on the European Artificial Sweetener market in the future.
By product type, the European Artificial Sweetener market is segmented into Acesulfame-K, Aspartame, monosodium, glutamate, Saccharin, and Sodium Benzoate. Aspartame-like segments are expected to witness a higher CAGR during the forecast period. Aspartame artificial sweeteners are considered high concentration sweeteners and are widely used in a variety of foods and beverages, such as bakery products, fruit-based drinks, and other products.
By application, the Europe Artificial Sweetener market is segmented into confectionery, dairy products, bakery items, beverages, and others. The beverage sector is expected to witness a higher CAGR during the forecast period. As consumers become more health-conscious, they are actively looking for low-sugar beverage options.
Based on the By Distribution Channel, the Europe Artificial sweetener market is divided into supermarkets & Hypermarkets, Departmental Stores, Convenience Stores, And Others. Supermarkets & Hypermarkets segment is holding the largest shares of the market.
The coronavirus pandemic has hampered the supply of the global food chain. Market demand has decreased due to the impact of the epidemic on the food system. The food and beverage industry faces many problems, mainly due to closures and transportation restrictions. Social distancing and home-keeping orders are negatively impacting the European artificial sweeteners market by further closing restaurants and food chains. However, the market shares are to grow at a faster rate in 2021.
Europe is expected to be the fastest-growing market for artificial sweeteners due to increased consumer awareness of healthy foods, and strict local food safety regulations are leading the growth of the European artificial sweetener market. UK, Italy, Spain, France, and Germany are major countries contributing the highest shares for the market. It is expected to expand due to its use in packaged foods. In recent years, Spain and Germany's governments have successfully carried out various campaigns to improve the lifestyle by introducing innovative health products that can reduce obesity, cholesterol, and diabetes. This campaign will increase the demand for artificial sweeteners. Contribute to the growth of the market. The growing number of retail stores and the growing demand for convenient grocery foods may stimulate demand for packaged foods. These products are used in the manufacture of jams and jellies, candies, and biscuits at lower calorie levels to demonstrate the nutritional value of the metabolic system, promoting the size of the European Artificial Sweetener market within the estimated time frame.
Key Players in the Market:
Major Key Players in the Europe Artificial Sweetener Market are
Tate & Lyle PLC, Nestlé SA, Ingredion Incorporated, Wilmar International Limited, Cargill Inc., EI Dupont De Numours and Company, Archer Daniels Midland Company, Associated British Foods Plc., Raizen SA., Ajinomoto Corporation Inc. and many others.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Artificial Sweeteners Market, By Type
6.1.3 Monosodium Glutamate
6.1.5 Sodium Benzoate
6.1.6 Market Size Estimations & Forecasts (2021-2026)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Artificial Sweeteners Market, By Application
6.2.1 Bakery Items
6.2.2 Dairy Products
6.2.5 Market Size Estimations & Forecasts (2021-2026)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Artificial Sweeteners Market, By Distribution Channel
6.3.1 supermarkets & Hypermarkets
6.3.2 Departmental Stores
6.3.3 Convenience Stores
6.3.4 Market Size Estimations & Forecasts (2021-2026)
6.3.5 Y-o-Y Growth Rate Analysis
6.3.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 Europe - Market Analysis (2021 - 2026)
7.2.1 By Country
184.108.40.206 Rest of Europe
7.2.2 By Type
7.2.3 By Application
7.2.4 By Distribution Channel
8. Key Player Analysis
8.1 Tate & Lyle PLC
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Nestlé SA
8.3 Ingredion Incorporated
8.4 Wilmar International Limited
8.5 Cargill Inc
8.6 EI Dupont De Numours and Company
8.7 Archer Daniels Midland Company
8.8 Associated British Foods Plc.
8.9 Raizen SA.
8.10 Ajinomoto Corporation Inc
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures