Lucintel's latest market report analyzed that sweetener in the global food additive provides attractive opportunities in the bakery & confectionery, beverage, dairy & frozen product, and poultry & sea food product markets. The sweetener in the global food additive market is expected to reach $23.0 billion by 2028 with a CAGR of 4.5%. In this market, sucrose is the largest segment by product type, whereas bakery & confectionery is largest by application.

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Based on product type, the sweetener in the global food additive market is segmented into sucrose, starch sweeteners and sugar alcohols, and high-intensity sweeteners. The sucrose segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as consumption of these sweetener has 11% less risk of having type 2 diabetes than those who consumes the least. 

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The Sweetener in the Global Food Additive Market is marked by the presence of several big and small players. Some of the prominent players offering sweetener in the global food additive include E.I. DuPont, Archer Daniels Midland, Ingredion Incorporated, Ajinomoto Co., Tereos SA, S &W Seed Company, Celenaese Corp, and Tate & Lyle.

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