The High-Intensity Sweeteners Market is projected to reach $5.37 billion by 2034, at a CAGR of 5.1% from 2023 to 2034, while in terms of volume, the market is projected to reach 113,049.6 tons by 2034, at a CAGR of 3.3% from 2023 to 2034. The steady growth of the high-intensity sweeteners market is mainly attributed to the rising demand for functional food products, the growing prevalence of diabetes and obesity, and the surging demand for natural sweeteners. However, stringent regulations and adverse health effects associated with high-intensity sweeteners are expected to hinder the growth of this market to some extent.
Here are the top 10 companies operating in High-intensity Sweeteners Market
Founded in 1921 and headquartered in London, U.K., Tate & Lyle is engaged in providing ingredients and solutions to food & beverages and other industries. The company operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products. The company offers high-intensity sweeteners through the Food & Beverage Solutions segment, including ingredients, such as sweeteners, texturants, fibers, food stabilizers, acidulants, industrial starches, savory ingredients, sodium reduction, and oat ingredients.
Also, the company has a dedicated business segment for sucralose. Further, the Primary Products segment offers bulk sweeteners, industrial starches, acidulants, and animal nutrition. The company offers its products to various industries, including beverages, dairy, bakery & snacks, soups, sauces & dressings, confectionery, personal care, animal feed, and industrial.
With its subsidiaries and a strong distribution network in more than 140 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of March 2021, the company had a headcount of 4,400 employees worldwide.
Roquette Frères (France)
Founded in 1933 and headquartered in Lestrem, France, Roquette Frères is involved in producing and marketing plant-based ingredients, specialty food ingredients, and pharmaceutical excipients. The company operates through seven business segments: BioPharma, Pharma & Nutraceuticals, Cosmetics, Food & Nutrition, Animal Nutrition, Nutralys Plant Protein, and other Industrial Markets. The company offers high-intensity sweeteners through the Food & Nutrition segment, including ingredients such as sweeteners, texturants, soluble fibers, acidulants, proteins, and savory ingredients. It offers its products to various industries, including beverages, dairy, bakery and snacks, soups, sauces & dressings, confectionery, personal care, animal feed, and industrial.
With 25 industrial sites and a strong distribution network in over 100 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2020, the company had a headcount of 8,670 employees worldwide.
ARCHER-DANIELS-MIDLAND COMPANY (U.S.)
Founded in 1902 and headquartered in Illinois, U.S., ADM provides flavors and ingredients in food & beverages, livestock, animal nutrition, and health supplements industries. It converts corn, oilseeds, wheat, and cocoa into products for food, animal feed, chemical, and energy uses. The company operates through four business segments: Agriculture Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Others. The company offers high-intensity sweeteners through the Carbohydrate Solutions segment, including sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose.
With around 450 crop procurement locations, 271 ingredient manufacturing facilities, and 44 innovation centers, the company offers customers in more than 200 countries worldwide. As of December 2020, the company had a headcount of more than 39,000 employees globally.
Cargill, Incorporated (U.S.)
Founded in 1865 and headquartered in Minneapolis, U.S., Cargill is involved in manufacturing and marketing food, agriculture, and financial & industrial products & services worldwide. The company operates through five business segments: Food Ingredients & Bio-industrial, Animal Nutrition, Protein & Salt, Agriculture Supply Chain & Energy, and Transportation & Metals. The company offers high-intensity sweeteners through the Food Ingredients & Bio-Industrial segment, including ingredients, sweeteners, starches, texturizers, oils, cocoa and chocolate, fibers, flour, and ancient grains and salt. It offers its products to various industries, including food & beverage, agriculture, animal nutrition, and industrial.
With manufacturing facilities in 70 countries, it sells its products in more than 125 countries worldwide. The company runs operations for alternative protein ingredients in the U.S., Canada, Central America, China & Southeast Asia, and the U.K. As of 2021, the company had a headcount of 155,000 employees globally.
Founded in 1906 and headquartered in Westchester, U.S., Ingredion Incorporated produces and sells ingredient solutions for various industries. The company offers its products through six business segments: Food, Beverage, Paper & Corrugating, Animal Nutrition, Brewing, and Others. Ingredion Incorporated acquired PureCircle Ltd., a producer of stevia-based sweeteners, to strengthen its sweetener portfolio.
With its subsidiaries and a strong distribution network in 63 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2020, the company had a headcount of 12,000 employees worldwide.
Meticulous Research in its latest publication on High-Intensity Sweeteners Market has predicted the growth of 5.1% during the forecast year 2023-2034.
JK Sucralose Inc. (China)
Founded in 2007 and headquartered in Jiangsu, China, JK Sucralose is mainly involved in sucralose manufacturing. The company offers sucralose to food, pharmaceutical, personal care, and other industries. JK has a long-term annual capacity target of 12,000 tons. It has 20 independently owned processing patents in China and four in the U.S.
With direct sales branches in the U.S., Europe, and Japan, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2020, the company had a headcount of 499 employees worldwide.
Founded in 1992 and headquartered in Augusta, U.S., NutraSweet is mainly involved in the manufacturing and formulation of high-intensity sweeteners. Its products are NutraSweet brand aspartame, neotame, Twinsweet, and the essential amino acid phenylalanine. It offers its products to various industries, such as bakery & snacks, beverages, confectionery, fruit spreads & salad dressing, dairy, and pharmaceuticals. The NutraSweet Co. is part of Manus Bio.
With a distribution network in over 130 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Ajinomoto Co., Inc. (Japan)
Founded in 1909 and headquartered in Tokyo, Japan, Ajinomoto is a food and biotechnology ingredients serving company. The company is engaged in providing amino acids, sweeteners, processed foods, frozen foods, and seasonings. The company mainly operates through four business segments: Seasoning & Foods, Frozen Foods, Healthcare, and Others. It offers high-intensity sweeteners through its Seasonings & Foods segment.
With business sites in 35 countries, 121 factories, and a distribution network in over 130 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2020, the company had a headcount of 32,509 employees worldwide.
Founded in 1926 and headquartered in Mannheim, Germany, Südzucker has mainly been involved in the producing and selling of sugar & specialty sugar products; functional food ingredients; frozen & chilled pizzas; starch & starch saccharification products; portion-pack articles; ethanol; animal feed; as well as fruit preparations, and fruit juice concentrates. The company operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The sugar, starch, starch saccharification products, bioethanol, and portion-pack businesses focus on the European region. The company offers its products to the food industry, retailers, animal feed, and petroleum industries.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2020, the company had a headcount of 17,876 employees worldwide.
HSWT France SAS (France)
Founded in 1991 and headquartered in Gravelines, France, HSWT is involved in producing and marketing sweeteners. The company produces food and pharma-grade aspartame for soft drinks, juices, chewing gums, tabletop sweeteners, and pharmaceuticals. It offers aspartame to the food, beverages, and pharmaceutical industry.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Popular Mentions: Zhucheng Haotian Pharm Co., Ltd (China), Layn Corporate (China), and STEVIALITE Holding (Colombia)
Authoritative Research on the High-intensity Sweeteners Market – Global Opportunity Analysis and Industry Forecast (2023-2034)
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