Sweeteners Market Size to Reach USD 113.17 Billion in 2025

Sweeteners Market Poised for Growth with Rising Demand for Healthy Alternatives

The global sweeteners market size is forecasted to expand from USD 113.17 billion in 2025 to USD 156.26 billion by 2034, growing at a CAGR of 3.65% during the forecast period from 2025 to 2034. Rising health-consciousness, growing demand for low-calorie and natural sugar substitutes, and the expanding use of sweeteners in beverages, bakery, dairy, and confectionery are fueling market expansion.

Last Updated: 25 August 2025 Category: Food & Beverages Ingredients Insight Code: 5806 Format: PDF / PPT / Excel

The global sweeteners market size stood at USD 109.18 billion in 2024 and is expected to grow steadily from USD 113.17 billion in 2025 to reach nearly USD 156.26 billion by 2034, with a CAGR of 3.65% during the forecast period from 2025 to 2034. The sweeteners market is driven by the increasingly changing consumer’s food habits and lifestyles are enhancing growth of the bakery and fast-food industry, which may enhance consumer's daily life. 

Sweeteners Market Size 2025 to 2034

Key Highlights

  • By region, North America dominated the sweeteners market share of 35% in 2024, driven by the increasing demand for baked and bakery products.
  • By region, Asia Pacific is expected to grow fastest during the forecast period, driven by increasing consumer’s busy, modern and changing lifestyles.
  • By type, the artificial sweeteners segment held a major market share of 40% in 2024, driven by the increasing demand ready-to-eat and ready-to-make food products.
  • By type, the natural sweeteners segment is projected to grow at a CAGR between 2025 and 2034, driven by the increasing demand for natural and plant-based food products.
  • By application, the food & beverages segment held a major market share of 55% in 2024, driven by increasing demand for high quality food products across the globe.
  • By application, the pharmaceuticals segment is projected to grow at a CAGR between 2025 and 2034, driven by the increasing consumer awareness towards health and wellness.
  • By form, the powdered segment held a major market share of 60% in 2024, driven by its ease of use and versatility in various applications.
  • By form, the liquid segment is projected to grow at a CAGR between 2025 and 2034, driven by the increasing demand for premixes and ready-to-drink food products.
  • By source, the plant-based ingredients segment dominated the market share of 50% in 2024 and is expected to grow fastest during the forecast period due to the increasing consumer preference towards organic and clean-label pet food products.

Industry Coverage

Study Coverage Details
Growth Rate from 2025 to 2034 CAGR of 3.65%
Market Size in 2025 USD 113.17 Billion
Market Size in 2026 USD 117.30 Billion
Market Size by 2034 USD 156.26 Billion
Largest Market North America
Base Year 2024
Forecast Period 2025 to 2034
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Increasing Demand for Sweeteners in Various Industries to Revolutionize the Market Expansion in 2024

The sweeteners market refers to the industry involved in the production, distribution, and consumption of substances that are used to impart sweetness to food, beverages, pharmaceuticals, and other products. These substances are used as a sugar alternative or to enhance the flavor of products without adding significant calories or sugar content. Sweeteners can be classified into various categories, including natural, artificial, sugar alcohols, and high-intensity sweeteners, and are commonly used in a wide range of applications such as food & beverages, pharmaceuticals, cosmetics, and animal feed.

The global sweeteners market is driven by factors such as the increasing demand for processed beverages and food products, increasing consumption of energy drinks by youngsters, increasing demand for higher nutritive value, increasing demand for soft drinks, increasing demand for convenience food, increasing consumer preference towards natural products, and increasing consumer awareness regarding health problems related to higher sugar consumption.

  • Increasing in consumer preference: The rising consumer preference towards clean-label and organic sweeteners contributed to driving the global market growth. Without compromising taste, health-aware customers are seeking lower sugar consumption, which is further expected to drive growth of the sweeteners market across the globe. 
  • Increasing consumer health awareness: The rising awareness of health aware consumers rapidly seeking reduced-sugar and sugar-free options are expected to propel the market growth.
  • Rising adoption of advanced technology: Manufacturers are adopting advanced and new technologies to extract and develop new sweeteners, to increase the rising demand which are further expected to drive market growth.
  • Growing beverage industry: The rapidly growing food and beverage market in both developed and developing nations which further expected to boost the growth of the sweeteners market.

Market Opportunity

Rising Technological Advancements

One of the major opportunities revolutionizing market growth is the rising technological advancements in the sweeteners industry. The rising technological advancements help to enhance sugar-free innovation in the coming years. To enhance the taste, flavor and consistency of sugar substitutes, manufacturers are looking into innovative and novel approaches. By using nanotechnology, the delivery of sweetness is being enhanced which may ensure consumer’s satisfaction and experience. In addition, by using microencapsulation technology, artificial and natural sweeteners released significantly, which may accelerate demand for sweeteners.

Furthermore, rising emphasis on sustainability, expansion into food and beverages, rising technological innovations, demand for sugar-free and low-calorie alternatives and rise of plant-based and natural sweeteners are also major opportunities which further expected to revolutionize the growth of the sweeteners market in the coming years. 

Market Challenge

High Cost of Raw Materials and Side Effects

One of the major restraining factors hindering the market growth is the increasing high cost of raw materials and side effects of artificial sweeteners. The manufacturing process of sweeteners is costly and very complicated, especially for the production of high-quality products, which may create major challenges in the market. In addition, higher consumption of artificial sweeteners may create various side effects, such as poor nutrition, health problems, weight gain, tooth decay and others. Low blood sugar and kidney damage are also a high problem related to the adoption of sweeteners. These factors are expected to hinder the growth of the sweeteners market.

Sweeteners Market Regional Insights

How North America Dominated the Sweeteners Market Revenue in 2024?

North America dominated the global market revenue in 2024. The market growth in the region is attributed to the increasing changing consumer lifestyles, increasing expansion of the low-calorie and natural sweeteners, increasing consumer preference towards sustainable and healthy food culture, increasing consumption of heavily processed and packaged food, increasing consumer trend towards organic and natural sweeteners and increasing consumer awareness towards sugar alternatives. The U.S. and Canada are dominating countries driving the market growth in the region.

The U.S. dominated the sweeteners market revenue in 2024. The market growth in the U.S. is driven by growing food and beverage industry, increasing consumer awareness towards health and wellbeing and increasing demand for natural sweeteners. Sweeteners have been the trusted source of sweetening agent and sweeteners in the U.S. Low calorie sweeteners including beverages comprise 19% and 32% of all drinks purchases among adults and children in the U.S. There are about 41% of adults and 25% of children are consuming food and beverages which contains low calorie sweeteners such as saccharin, sucralose and aspartame. These factors are expected to drive the market growth in the U.S.

Sweeteners Market Share, By Region, 2024 (%)

Asia Pacific Sweeteners Market Trends

Asia Pacific is expected to grow fastest during the forecast period. The market growth in the region is driven by factors such as the increasing prevalence of lifestyle diseases, increasing changing dietary habits, increasing consumer awareness towards health and wellness, and increasing demand for natural sweeteners. The region is witnessing a rapid growth in demand for natural and low-calorie sweeteners. China, India, Japan and South Korea are the fastest growing countries driving the market growth in the region.

Segment Insights

Type Insights

The Artificial Sweeteners Segment Dominated the Market Revenue in 2024. 

The segment growth in the global market is attributed to the various benefits such as increasing weight management, reduce calorie intake, diabetes management, improve dental health, increasing consumer trend towards taste preference, extended shelf life, cost effectiveness and reduced calorie intake. Artificial sweeteners are utilized to add sweeten food and beverages with no or minimum calories. In addition, artificial sweeteners help to reduce the risk of tooth decay, maintain blood sugar with diabetes patients and help manage weight, which further drives the segment growth in the market. 

The Natural Sweeteners Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the market is attributed to the increasing significance of health problems, including metabolic syndrome, diabetes, and obesity, increasing awareness about the negative impacts of artificial sweeteners and refined sugar, and increasing consumer awareness towards health and wellness. Natural sweeteners are available in the environment, such as stevia herb. This natural sweetener is sugar-free with no calories. It comes from several plants and fruits and provides a sweet taste. Consumers who want to lose weight can consume this natural sweetener. Natural sweeteners can aid consumers to significantly improve health and maintain a healthy weight. This sweetener helps consumers to maintain blood sugar level. Furthermore, natural sweeteners provide several advantages including lower glycemic, reduced impact on blood sugar and reduced calorie intake which may expected to fuel the segment growth.

Application Insights

The Food and Beverage Segment Dominated the Sweeteners Market Revenue in 2024. 

The segment growth in the global market is attributed to the rising use of both artificial and natural sugar alternatives along with increasing demand for ingredients that reduce sugar content across several products, such as sauces, soups, bakery, confectionery, dairy, and drinks. In addition, the food and beverages have undergone several testing to identify efficacy and safety, which is further expected to drive the segment growth in the global market.

The Pharmaceutical Segment is Expected to Grow Fastest During the Forecast Period. 

Pharmaceutical sweeteners play a crucial role in improving the palatability of various healthcare products. The significant advantages of pharmaceuticals in the sweeteners market are enhancing the stability of formulations and improving patient care. The segment growth in the market is driven by factors such as increasing innovations in sweetener technology and rising demand for natural sweeteners. In addition, sweeteners also provide natural sweetness without compromising health, which enhances the sweetness of food products. Sweeteners increase as fundamental solutions in making useful and attractive pharmaceutical products, to enhance their healthy versatility and sweetness, which further expected to drive the segment growth in the global market.

Form Insights

The Powdered Segment Dominated the Global Market Revenue in 2024. 

The segment growth in the global market is driven by various benefits such as increasing food taste and flavor, enhanced mouthfeel and texture, enable consumers to manage their calorie and sugar content, help to prevent chronic diseases, blood sugar management, and helps in sugar and calories reduction. In addition, powdered sweeteners also provide particular functional benefits including providing preservative qualities, adding bulk, preventing ice cream from freezing solid and improving texture, which further propels the segment growth in the global market.

The Liquid Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the sweeteners market is driven by factors such as growing food and beverage industry, increasing demand for easy-to-mix and easy-to-drink sweetener solutions in soft drinks such as dairy products, sauces, juices and others, increasing popularity of natural and low-calorie sweeteners such as honey syrups and stevia, increasing convenience in blending and processing and increasing demand from nutraceuticals and pharmaceutical industry for liquid and syrups formulations.

Source Insights

The Plant-Based Ingredients Segment Dominated the Sweeteners Market Revenue in 2024 and is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the global market is driven by factors such as the increasing consumer preference towards organic and clean-label pet food products, increasing demand for natural sugar in bakery items, drinks and processed food, increasing consumer preference towards natural sugar and low-calorie alternatives, increasing consumer awareness towards health and wellness. In addition, stevia in plant-based sweeteners helping in blood sugar control and weight management and offering a zero-calorie and natural alternative to sugar, which further expected to increase the demand for plant-based sweeteners in the global market.

Sweeteners Market – Value Chain Analysis

Raw Material Procurement

  • In the sweeteners industry, raw material procurement deals with process of securing and sourcing the necessary natural and agricultural inputs required to manufactured various types of sweeteners.

Packaging and Branding

  • Branding and Packaging for sweeteners market deals with how sweetening agents and sweeteners are packed and marketed to ensure safety and attract consumers, which may enhance the growth of the global market across the globe.

Waste Management and Recycling

  • The waste management and recycling in the sweeteners industry is the procedure of managing waste to recovers value from discarded materials and reduces harmful substances to the environment, which further supports the sustainability, which may increase the demand for sweeteners market.

Recent Developments in the Sweeteners Market

  • In July 2025, the launch of a new Pepsi Prebiotic Cola was announced by PepsiCo. This new beverage comes with the added functional ingredient of 3 grams of prebiotic fibre and has the same iconic taste as Pepsi. The aim behind this launch was to address the increasing consumer preferences for functional ingredients. (Source: NDTV Food
  • In November 2024, a series of new stabilizer and sweetener solutions was launched by the global ingredients group Tate & Lyle. The aim behind this launch was to reduce sugar options and enhance texture and taste. (Source: Confectionery Production)

Sweeteners Market Leading companies

Sweeteners Market companies

  • Cargill
  • ADM (Archer Daniels Midland Company)
  • Ingredion Incorporated
  • Tate & Lyle
  • DuPont
  • Ajinomoto Co., Inc.
  • ICL Group
  • Roquette Frères
  • NutraSweet Company
  • Daesang Corporation
  • Celanese Corporation
  • Mitsubishi Corporation RtM Japan Ltd.
  • PureCircle Limited
  • Hermes Sweeteners Ltd.
  • Zydus Wellness
  • Sunlune Technology Co., Ltd.
  • Splenda (Heartland Food Products Group)
  • Whole Earth Brands
  • Stevia First Corporation
  • BENEO Group

Segments Covered in the Report

By Type

  • Natural Sweeteners
    • Stevia
    • Monk Fruit
    • Honey
    • Maple Syrup
    • Agave Nectar
    • Coconut Sugar
  • Artificial Sweeteners
    • Aspartame
    • Sucralose
    • Saccharin
    • Acesulfame Potassium (Ace-K)
    • Cyclamate
  • Sugar Alcohols
    • Sorbitol
    • Xylitol
    • Erythritol
    • Maltitol
    • Mannitol
  • High-Intensity Sweeteners
    • Steviol Glycosides
    • Thaumatin
  • Others
    • Luo Han Guo Extract

By Application

  • Food & Beverages
    • Soft Drinks
    • Dairy Products
    • Bakery & Confectionery
    • Sauces & Condiments
    • Snacks
    • Packag
    • ed Foods
  • Pharmaceuticals
    • Drugs
    • Oral Care Products
    • Vitamins & Supplements
  • Cosmetics & Personal Care
    • Skin Care
    • Oral Care
  • Animal Feed

By Form

  • Powdered
  • Liquid
  • Granular

By Source

  • Plant-based
    • Stevia
    • Monk Fruit
    • Agave
    • Sugar Cane
    • Sugar Beets
  • Animal-based
    • Honey
  • Chemical Synthesis
    • Aspartame
    • Sucralose

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The global sweeteners market is projected to grow from USD 113.17 billion in 2025 to USD 156.26 billion by 2034, at a CAGR of 3.65%. Growth is fueled by demand for sugar-free, low-calorie, and plant-based alternatives across food, beverage, and pharmaceutical industries.

Trends include a shift toward clean-label and natural sweeteners, rising consumer health awareness, increasing use in functional beverages, and adoption of advanced technologies like microencapsulation and nanotechnology for better taste and stability.

Key challenges include high production costs, raw material price fluctuations, and health concerns over artificial sweeteners, such as risks of weight gain, kidney issues, and blood sugar imbalance, which may slow adoption in some markets.

North America led with 35% share in 2024 due to strong demand for low-calorie and processed foods. However, Asia Pacific is forecast to grow fastest, supported by rising urbanization, lifestyle diseases, and increasing adoption of natural sweeteners in China and India.

Artificial sweeteners held 40% share in 2024 due to cost-effectiveness and use in ready-to-eat foods. Meanwhile, natural sweeteners such as stevia, monk fruit, and agave are expected to grow fastest, supported by clean-label demand and health-focused consumption.

Food & beverages accounted for 55% of global revenue in 2024, driven by bakery, dairy, and beverage formulations. The pharmaceuticals segment is growing fastest as sweeteners improve palatability of drugs, vitamins, and oral care products.

Nanotechnology and microencapsulation are enhancing sweetness delivery, masking bitterness, and improving stability. These innovations support better functional beverages, nutraceuticals, and clean-label food solutions, opening new market opportunities.

The sector presents strong opportunities in natural and plant-based sweeteners, functional beverages, and pharma applications. Investors can expect long-term growth driven by sustainability, health-conscious trends, and strategic product innovations from major players like Cargill, ADM, and Tate & Lyle.