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Rising health awareness among global consumers are expected to drive innovation in synthetic sweeteners manufacturing, thus driving the market during the forecast period.

The global synthetic sweeteners market is expected to grow from $50.99 billion in 2022 to $55.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The global synthetic sweeteners market size is expected to grow from $74.94 billion in 2027 at a CAGR of 7.8%.

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Global Synthetic Sweeteners Market Segments Include:

• By Product Type: Aspartame, Acesulfame K, Saccharin, Sucralose, Neotame, Other Product Types
• By Application: Bakery, Dairy, Confectionery, Beverages, Soups, Sauces and Dressings, Other Applications
• By Distribution Channel: Supermarkets & Hypermarkets, Departmental Stores, Convenience Stores, Other Distribution Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global synthetic sweeteners market in 2021.

Major Market Players in the synthetic sweeteners market include Cargill Inc., Archer Daniels Midland, Ingredion Inc., Roquette, Ajinomoto Co. Inc., JK Sucralose Inc., Dupont.

Sucralose-based sweeteners are increasingly being used as applications in the food industry. Sucralose is sweeter than sugar and is a low-calorie ingredient that does not cause dental cavities. Growing concerns about cardiovascular disorders due to increased consumption of sugar-based foods are encouraging the use of artificial sweeteners such as sucralose. Additionally, declining production and rising sugar prices worldwide are also encouraging the use of sucralose-based sweeteners. These sweeteners are the major substitutes for sugar in carbonated beverages, juices, dairy products, sugar-free chewing gums, confectionery, and bakery goods. For instance, in the U.S., PepsiCo is using sucralose-based sweeteners by replacing aspartame in diet Pepsi.

The Synthetic Sweeteners Global Market Report 2023  provides a synthetic sweeteners market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The synthetic sweeteners market forecast analyzes synthetic sweeteners market size, synthetic sweeteners market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Synthetic sweeteners are chemically-processed substances that are used in place of sweeteners with sugar (sucrose) or sugar alcohols. Synthetic sweeteners are used as applications in weight loss assistance, dental care, and diets for patients with diabetes mellitus and reactive glycemia.

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