Market Size of South America Low-Calorie Sweeteners Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.22 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South America Low-Calorie Sweeteners Market Analysis
South America low-calorie sweeteners market is projected to witness a CAGR of 6.22% during the forecast period (2020 - 2025).
- The trend of health and wellness packaged foods, over the last few years, have recorded stronger retail volume sales growth in natural sweeteners in South America.
- Moroever, the health and wellness trend has also impacted the beverage space in the region, where there has been increasing demand for the low-calorie carbonates and low-calorie sweeteners infused drinks, which are being positioned as natural beverages, combined with antioxidants or added vitamins. This factor is expected to drive the market studied.
- Reduction of sugar in food and beverages is an increasingly important issue across Latin America where the rates of obesity and Type-2 diabetes are on the rise. The governments have introduced measures to restrict sugar intakes, such as front-of-pack warning labels in Chile, Peru, and Uruguay. These factors too are increasing the demand for these low-calorie sweeteners in the region studied.
South America Low-Calorie Sweeteners Industry Segmentation
South America low-calorie sweeteners market is segmented by source type, product type, application. On the basis of source, the market is segmented into natural and artificial. On the basis of product types, the market is segmented into sucralose, saccharin, aspartame, neotame, advantame, acesulfame potassium, stevia, and others. On the basis of application, the market is segmented into food, beverage, pharmaceuticals, others. Food segment is further classified into dairy and frozen foods, confectionery, bakery, others.
On the basis of South America geography, the study provides an analysis of the low-calorie sweetener market in the countries such as Brazil, Argentina, Colombia and the Rest of South America.
| By Source Type | |
| Natural | |
| Artificial |
| By Product Type | |
| Sucralose | |
| Saccharin | |
| Aspartame | |
| Neotame | |
| Advantame | |
| Acesulfame Potassium | |
| Stevia | |
| Others |
| By Application | ||||||
| ||||||
| Beverage | ||||||
| Pharmaceuticals | ||||||
| Others |
| By Country | |
| Brazil | |
| Argentina | |
| Colombia | |
| Rest of South America |
South America Low-Calorie Sweeteners Market Size Summary
The South America low-calorie sweeteners market is experiencing significant growth, driven by the increasing consumer focus on health and wellness. This trend is particularly evident in the demand for natural sweeteners within packaged foods and beverages, where products infused with low-calorie sweeteners are being marketed as healthier options with added benefits like antioxidants and vitamins. The rising prevalence of obesity and Type-2 diabetes in the region has prompted governments to implement measures such as front-of-pack warning labels, further boosting the demand for low-calorie alternatives. The beverage sector, especially in Brazil, stands out as a key area for the application of these sweeteners, with regulatory changes allowing the use of stevia in combination with sugar to create reduced-calorie products.
In addition to Brazil, other countries like Colombia and Argentina are also witnessing a shift towards low-calorie sweeteners. Colombia's mandatory visual warning labels on unhealthy products are expected to enhance consumer awareness and increase the consumption of low-calorie options. Meanwhile, Argentina is seeing a growing preference for natural sweeteners like stevia, particularly among households with teenagers. The Argentine government is actively promoting the use of stevia, with plans to enhance domestic production for both national and export markets. The competitive landscape of the market includes major players such as Tate & Lyle PLC and Cargill, Incorporated, who are expanding their production through strategic partnerships to meet the rising demand for sweeteners like Sucralose, Saccharin, Aspartame, and Stevia.
South America Low-Calorie Sweeteners 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 Forces 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 Source Type
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2.1.1 Natural
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2.1.2 Artificial
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2.2 By Product Type
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2.2.1 Sucralose
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2.2.2 Saccharin
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2.2.3 Aspartame
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2.2.4 Neotame
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2.2.5 Advantame
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2.2.6 Acesulfame Potassium
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2.2.7 Stevia
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2.2.8 Others
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2.3 By Application
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2.3.1 Food
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2.3.1.1 Dairy and Frozen Foods
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2.3.1.2 Confectionery
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2.3.1.3 Bakery
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2.3.1.4 Others
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2.3.2 Beverage
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2.3.3 Pharmaceuticals
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2.3.4 Others
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2.4 By Country
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2.4.1 Brazil
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2.4.2 Argentina
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2.4.3 Colombia
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2.4.4 Rest of South America
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South America Low-Calorie Sweeteners Market Size FAQs
What is the current South America Low-Calorie Sweeteners Market size?
The South America Low-Calorie Sweeteners Market is projected to register a CAGR of 6.22% during the forecast period (2024-2029)
Who are the key players in South America Low-Calorie Sweeteners Market?
Tate & Lyle PLC, Cargill, Incorporated, The Archer Daniels Midland Company, Ingredion Incorporated and Roquette Frères are the major companies operating in the South America Low-Calorie Sweeteners Market.
