logo

Asia-Pacific Sugar Substitute Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Sugar Substitute Market is segmented by Product Type (High-Intensity, Low-Intensity, and High Fructose Syrup); Application (Food and Beverage, Dietary Supplements, and Pharmaceuticals), and Geography

Home Market Analysis Food & Beverage Research Food Ingredients and Food Additives Research Sweeteners Research Sugar Substitutes Research Asia-Pacific Sugar Substitute Market

APAC Sugar Substitute Market Size

View Global Report
Asia-Pacific Sugar Substitute Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.28 %
Market Concentration Low

Major Players

Asia-Pacific Sugar Substitute Market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia-Pacific Sugar Substitute Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

APAC Sugar Substitute Market Analysis

Asia-Pacific Sugar Substitute market is projected to grow at a CAGR of 3.28% during the forecast period, 2020 - 2025.

  • The increasing prevalence of diabetes and weight-related issues has led to more individuals opting for healthier products made from sugar alternatives, such as natural and non-calorie sweeteners.
  • Food product manufacturers are constantly improvising their nutritional labels by incorporating natural sweeteners, catering to the consumer's increasing demand for natural, safe, and healthy sweetener systems. For example, stevia sweeteners can help companies deliver on the significant opportunity for products boasting reduced sugar content. Resultantly, stevia, among other substitutes emerged as the prominent segment, witnessing robust demand in the region.

APAC Sugar Substitute Market Trends

This section covers the major market trends shaping the APAC Sugar Substitute Market according to our research experts:

Stevia Held the Largest Market Share

Sugar alcohols, such as sorbitol and maltitol are proven to be cause of digestive problems, and thus, are being fast replaced by natural sweeteners stevia in the market. Clean Label has triggered the demand for natural sweeteners especially stevia, and both food and beverage producers have supported innovation and product launches by using stevia as a natural clean labeled sweetener. Moreover, key players in natural sweeteners are expanding in the Asia-Pacific region, as it is emerging as a prominent market for clean labeled natural stevia.

Asia-Pacific Sugar Substitute Market1

China Leads the Regional Market

China is the major market for sugar substitutes in the Asia-Pacific region and will continue to dominate the market in the forecasted period. China, as the world's production base for sugar substitutes, is becoming an important end-user market, aided by the huge and fast-growing end-user industries. This dramatic growth was driven by the fast development of the end-user industries, especially functional beverages and foods, glazed fruits, tea and juice beverage, medicines, and others, which are the major application fields for stevia in China. Moreover, the country accounts for about 80% of the global demand for stevia.

Asia-Pacific Sugar Substitute Market2

APAC Sugar Substitute Industry Overview

Asia-Pacific sugar substitute market is fragmented with key players being Cargill, Archer Daniels Midland Company, and Ajinomoto. The major players have a broad range of products and a strong geographical presence. These factors give them a competitive advantage in the market. These companies are focused on innovative product launches, as they are trying to cater to various preferences of the consumers. In order to sustain in the competitive market, the companies are enhancing their product portfolios constantly and strategically tapping into the possibilities of the new markets and segments.

APAC Sugar Substitute Market Leaders

  1. Cargill, Incorporated

  2. Archer Daniels Midland Company

  3. Ajinomoto Inc.

  4. Tate & Lyle PLC

  5. Ingredion Incorporated

*Disclaimer: Major Players sorted in no particular order

CL.png
Need More Details on Market Players and Competitors?
Download PDF

APAC Sugar Substitute Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product Type

      1. 5.1.1 High-Intensity Sweeteners

        1. 5.1.1.1 Stevia

        2. 5.1.1.2 Aspartame

        3. 5.1.1.3 Cyclamate

        4. 5.1.1.4 Sucralose

        5. 5.1.1.5 Other High Intensity Sweeteners

      2. 5.1.2 Low-Intensity Sweeteners

        1. 5.1.2.1 Sorbitol

        2. 5.1.2.2 Maltitol

        3. 5.1.2.3 Xylitol

        4. 5.1.2.4 Other Low Intensity Sweeteners

      3. 5.1.3 High Fructose Syrup

    2. 5.2 Application

      1. 5.2.1 Food and Beverage

        1. 5.2.1.1 Bakery

        2. 5.2.1.2 Confectionery

        3. 5.2.1.3 Dairy

        4. 5.2.1.4 Beverages

        5. 5.2.1.5 Meat and Seafood

        6. 5.2.1.6 Other Food and Beverages

      2. 5.2.2 Dietary Supplements

      3. 5.2.3 Pharmaceuticals

    3. 5.3 By Geography

      1. 5.3.1 India

      2. 5.3.2 China

      3. 5.3.3 Japan

      4. 5.3.4 Australia

      5. 5.3.5 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Position Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Cargill, Incorporated

      2. 6.3.2 Archer Daniels Midland Company

      3. 6.3.3 Tate & Lyle PLC

      4. 6.3.4 Ajinomoto Inc.

      5. 6.3.5 DuPont de Nemours, Inc.

      6. 6.3.6 PureCircle

      7. 6.3.7 Ingredion Incorporated

      8. 6.3.8 Roquette Freres

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

APAC Sugar Substitute Industry Segmentation

Asia-Pacific Sugar Substitute market includes revenue generated through High-Intensity, Low-Intensity, and High Fructose Syrup. By application the market is segmented into food and beverage, dietary supplement, and pharmaceuticals. Additionally, the study includes market revenue in major countries of the region Asia-Pacific that is India, China, Japan, and Australia.

Product Type
High-Intensity Sweeteners
Stevia
Aspartame
Cyclamate
Sucralose
Other High Intensity Sweeteners
Low-Intensity Sweeteners
Sorbitol
Maltitol
Xylitol
Other Low Intensity Sweeteners
High Fructose Syrup
Application
Food and Beverage
Bakery
Confectionery
Dairy
Beverages
Meat and Seafood
Other Food and Beverages
Dietary Supplements
Pharmaceuticals
By Geography
India
China
Japan
Australia
Rest of Asia-Pacific
Need A Different Region Or Segment?
Customize Now

APAC Sugar Substitute Market Research FAQs

The Asia-Pacific Sugar Substitute Market is projected to register a CAGR of 3.28% during the forecast period (2024-2029)

Cargill, Incorporated , Archer Daniels Midland Company , Ajinomoto Inc., Tate & Lyle PLC and Ingredion Incorporated are the major companies operating in the Asia-Pacific Sugar Substitute Market.

The report covers the Asia-Pacific Sugar Substitute Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Sugar Substitute Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Asia-Pacific Sugar Substitute Industry Report

Statistics for the 2024 Asia-Pacific Sugar Substitute market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Sugar Substitute analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Asia-Pacific Sugar Substitute Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Asia-Pacific Sugar Substitute Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)