Sweeteners Market - Databook 2025 to 2034

The global sweeteners market size surpassed USD 110.29 billion in 2024 and is predicted to reach around USD 161.76 billion by 2034, registering a CAGR of 3.9% from 2025 to 2034.

Highlights of the Sweeteners Market

• By type, the sucrose segment holds a dominant presence in the market in 2024.
• By type, the high-fructose corn syrup (HFCS) segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
• By form, the solid segment holds a dominant presence in the sweeteners market in 2024.
• By form, the liquid segment is projected to experience the highest growth rate in the market between 2025 and 2034.
• By application, the bakery and confectionery segment holds a dominant presence in the market in 2024.
• By application, the beverages segment is set to experience the fastest rate of market growth from 2025 to 2034.
• Asia Pacific dominated the global sweeteners market in 2024.
• North America is anticipated to grow at the fastest rate in the market during the forecast period.

Industry Valuation and Growth Rate Projection

The sweeteners market involves the production and distribution of food additives utilized to raise the experience of sweetness during consumption. Sweeteners are natural and artificial sweeteners that add sweetness to baked goods, beverages, and meals. Sweeteners involve numerous activities, including fermentation, baking, food browning, preservation, and caramelization.

Sweeteners Market: Stats and Figures

MycoTechnology has started its initial honey truffle sweetener, which is sheltered from protein, which is in charge of sweet taste, and is 1000-2500 times sweeter than sucrose. This protein is non-toxic, absorbed in its original form, breaks down into amino acids,, and is digested by the human GI tract.

Industry Leader Announcements

• Ali Wing, CEO at Oobli

"Sweet proteins are a long-overdue addition to the toolkit of better-for-you sweeteners," said Ali Wing, CEO at Oobli. "Working with Ingredion's best-in-class teams to pair natural sweeteners with our novel sweet proteins will deliver game-changing solutions in this important, growing, and timely category."

How AI Has Benefitted the Sweeteners Market

AI permits real-time monitoring of manufacturing processes, lessening errors, growing productivity, and guaranteeing consistent product quality. AI also analyzes defects early, reducing waste and lowering production expenses. AI assists in standardizing production processes and continuously optimizing parameters, ensuring that goods meet desired quality specifications consistently. AI is utilized to improve sweetener blends, copying sugar's taste and texture meanwhile eliminating drawbacks. This includes enhancing solubility, stability, and texture in numerous food applications.

Recent Developments

• In April 2025, Ingredion Incorporated disclosed Farm Sustainability Assessment (FSA) Silver performance level for 100% of its stevia supply chain by the Sustainable Agriculture Initiative (SAI) with external audit verification.

Geographical Insights

The sweeteners market is experiencing significant growth, with Asia Pacific maintaining its position as the dominant region while Europe emerges as the rapidly growing market. The North America region is projected to be the fastest-growing in the market during the forecast period.

Asia Pacific

Asia Pacific dominated the global sweeteners market in 2024. Raising knowledge about the health risks linked with sugar consumption, associated with an increasing trend toward healthier eating habits, is boosting the need for sweeteners, mainly natural options. Westernization of diets and the increasing preference for processed foods, associated with growing disposable incomes, are raising the requirement for sweeteners in numerous food and beverage applications.

Europe

Europe is experiencing rapid growth in the sweeteners market during the forecast period. European users are becoming more knowledge of the negative health effects of excessive sugar consumption, like diabetes and obesity. This has contributed to a surge in the need for sweeteners that can assist in reducing sugar intake meanwhile maintaining flavor. The European Union's regulatory frameworks supporting sugar reduction initiatives are thus driving the adoption of sweeteners.

North America

North America is projected to be the fastest-growing sweeteners market during the forecast period. North America has a well-established food and beverage field, which thus drives the demand for sweeteners in various product applications. A rising number of individuals in North

America are looking for healthier food and beverage alternatives, contributing to increased requirements for low-calorie and natural sweeteners.

Competitive Landscape

The sweeteners market was competitive with a mix of established players and emerging companies, driven by increasing consumer demand for low-calorie and naturally derived sweeteners.

• Company Name: Ingredion
• Year of Incorporation: 1997
• Headquarters: Westchester, Illinois, United States

Ingredion's competitive landscape in the ingredient solutions industry is categorized by a mix of large, well-known players and emerging firms focused on specific niches.

• Company Name: Dabur India Ltd.
• Year of Incorporation: 1975
• Headquarters: Ghaziabad

Dabur India Ltd functions in a highly competitive FMCG field, facing established players such as ITC, HUL, and Marico and newer entrants such as Patanjali. With a strong presence in Ayurvedic as well as natural healthcare products. They compete in various categories, including personal care, home care, healthcare, food, and beverages.

• Company Name: Kerry Group plc
• Year of Incorporation: 1986
• Headquarters: Tralee, Ireland

Kerry competes with major players in the food and beverage field, including producers of beverages, processed foods, and ingredients. Kerry also targets competition from firms specializing in offering ingredients, flavors, and other technologies to the food and beverage industry.