Market Size of Europe Sugar Substitute Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.78 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Sugar Substitute Market Analysis
The European sugar substitute market is growing at a CAGR of 4.78% during the forecast period (2020 - 2025).
- The sugar substitute market forms an integral part of the sugar industry in the region. It is driven by the rising demand for different types of sugar substitute products such as high-intensity sweeteners, low-intensity sweeteners, and high-fructose syrup in food, beverage, and healthcare applications.
- The sugar substitute market is projected to grow in developing countries due to the rise in health problems due to sugar consumption and increasing awareness & preference for low-calorie food and beverage products in European countries such as United Kingdom, Germany, France, Spain, and others. The growth in the sugar substitutes market in the region is also attributed to the increasing use of sugar substitutes in the health & pharmaceutical industries.
- Manufacturers are increasingly exploring alternative sweeteners which are low in calorie without compromising on the taste. Major threat is the availability other low-calorie sweeteners. The growth in sports nutrition drinks and health drinks market is further providing boost to the sugar substitute market in Europe.
Europe Sugar Substitute Industry Segmentation
The European sugar substitute market has segmented by origin, which includes natural and artificial/synthetic. Based on type, the market is segmented into high-intensity, low-intensity, and high fructose syrup. Based on the application, the market is segmented into food, beverage, and pharmaceutical. The report further analyses the regional scenario of the market, which includes a detailed analysis of the United Kingdom, France, Germany, Italy, Spain, Russia, and Rest of Europe.
By Origin | |
Natural | |
Artificial/Synthetic |
By Type | |
High-Intensity | |
Low-Intensity | |
High Fructose Syrup |
By Application | |
Food | |
Beverage | |
Pharmaceuticals |
By Geography | |
United Kingdom | |
Italy | |
France | |
Spain | |
Germany | |
Russia | |
Rest of Europe |
Europe Sugar Substitute Market Size Summary
The European sugar substitute market is experiencing significant growth, driven by the increasing demand for various sugar substitute products such as high-intensity and low-intensity sweeteners, as well as high-fructose syrup. This demand is primarily fueled by the rising health concerns associated with sugar consumption and a growing preference for low-calorie food and beverage options across countries like the United Kingdom, Germany, France, and Spain. The market's expansion is further supported by the increasing application of sugar substitutes in the health and pharmaceutical sectors. Manufacturers are actively seeking alternative sweeteners that offer low-calorie options without sacrificing taste, although the availability of other low-calorie sweeteners poses a competitive challenge. The burgeoning market for sports nutrition and health drinks also contributes to the market's growth in Europe.
The demand for low-calorie sweeteners has surged among food and beverage manufacturers, driven by global concerns over obesity and diabetes. Key players in the beverage industry are replacing traditional sugar with natural low-calorie sweeteners such as stevia, as seen with Coca-Cola's introduction of 'Coca-Cola Life' in the United Kingdom. This trend is particularly evident in countries like Germany, where the consumption of processed foods and a high diabetic population are accelerating market growth. Non-calorie sweeteners like aspartame and sucralose are widely used in soft drink production, supported by government approvals. The market in Europe is characterized by fragmentation, with numerous global food ingredient companies such as Tate & Lyle, Cargill, and Ingredion competing for market share.
Europe Sugar Substitute Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Origin
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2.1.1 Natural
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2.1.2 Artificial/Synthetic
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2.2 By Type
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2.2.1 High-Intensity
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2.2.2 Low-Intensity
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2.2.3 High Fructose Syrup
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2.3 By Application
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2.3.1 Food
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2.3.2 Beverage
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2.3.3 Pharmaceuticals
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2.4 By Geography
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2.4.1 United Kingdom
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2.4.2 Italy
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2.4.3 France
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2.4.4 Spain
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2.4.5 Germany
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2.4.6 Russia
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2.4.7 Rest of Europe
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Europe Sugar Substitute Market Size FAQs
What is the current Europe Sugar Substitute Market size?
The Europe Sugar Substitute Market is projected to register a CAGR of 4.78% during the forecast period (2024-2029)
Who are the key players in Europe Sugar Substitute Market?
Tate & Lyle PLC, Cargill, Incorporated, Ingredion Incorporated, Kerry Group plc and Roquette Frères are the major companies operating in the Europe Sugar Substitute Market.