10 Major Companies in the Tabletop Sweeteners Industry | Meticulous Blog
Tabletop Sweeteners Market Forecast and Competitive Landscape
The Tabletop Sweeteners Market is projected to achieve a value of $2.18 billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. The market is also expected to reach a volume of 18,830.7 tons by 2030, with a CAGR of 4.4%. This growth is driven by the rising rates of diabetes and a growing emphasis on health and wellness. However, high costs and potential health risks associated with tabletop sweeteners are significant barriers to growth.
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Top Market Leaders
Whole Earth Brands, Inc. (U.S.) Established in 2018 and headquartered in Illinois, U.S., Whole Earth Brands, Inc. focuses on plant-based sweeteners and flavor enhancers. The company operates under several brands, including WHOLE EARTH and Equal, and has a strong global distribution network across over 90 countries. Whole Earth Brands had 760 employees as of 2022.
Heartland Food Products Group, LLC (U.S.) Heartland Food Products Group, based in Indiana, U.S., has been a key player in low-calorie sweeteners and water enhancers since 1991. Known for the Splenda brand, the company operates facilities in the U.S., Mexico, and Europe, with a workforce of 1,200 employees globally.
Associated British Foods plc (U.K.) Founded in 1935 and headquartered in London, Associated British Foods plc operates across several sectors, including grocery and ingredients. The company’s tabletop sweeteners are marketed under the Silver Spoon brand, with a presence in over 100 countries and 132,273 employees worldwide.
Nutrifood (Indonesia) Nutrifood, headquartered in Jakarta, Indonesia, provides a variety of health foods and beverages, including tabletop sweeteners under the Tropicana Slim brand. The company operates in more than 30 countries and has a significant global presence.
Südzucker AG (Germany) Südzucker AG, based in Mannheim, Germany, and founded in 1926, is a major producer of sugar and specialty food products. The company offers tabletop sweeteners under the Tiense Suiker brand and has a substantial workforce of 18,019 employees.
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Wisdom Natural Brands (U.S.) Wisdom Natural Brands, headquartered in Arizona, U.S., is known for zero-calorie sweeteners, including products under the SweetLeaf brand. The company has a distribution network in over 30 countries and a strong presence across key global regions.
Zydus Wellness Ltd. (India) Founded in 1952 and based in Ahmedabad, India, Zydus Wellness Ltd. offers tabletop sweeteners through the Sugar Free brand. The company has a wide distribution network and operates globally, with a workforce of 1,075 employees.
Hermes Sweeteners Ltd. (Switzerland) Hermes Sweeteners Ltd., headquartered in Zurich, Switzerland, produces various tabletop sweeteners, including those made from cyclamate and stevia. The company has a global reach, serving North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Saraya Co. Ltd. (Japan) Saraya Co. Ltd., based in Osaka, Japan, offers monk fruit-based sweeteners under the Lakanto brand. The company operates multiple factories and has a significant international presence, with a workforce of 2,277 employees as of late 2022.
Ajinomoto Co., Inc. (Japan) Ajinomoto Co., Inc., headquartered in Tokyo, Japan, provides a range of food and biotechnology ingredients, including tabletop sweeteners under the Pal Sweet brand. The company operates in 35 countries and has a global workforce of 34,198 employees.
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Key Questions Answered in the Report-
What is the current value of revenue generated by the tabletop sweeteners market?
At what rate is the demand for tabletop sweeteners projected to grow for the next 5-7 years?
What was the historical market size and growth rate for the tabletop sweeteners market?
What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?
Which segments in terms of sweetener ingredient type, source, form, packaging format, and distribution channel have created major traction for the manufacturers in this market in recent years?
What are the key geographic trends in this market? Which regions/countries are expected to offer significant growth opportunities for tabletop sweetener manufacturers?
Who are the major players in the tabletop sweeteners market? What are their specific product offerings in this market?
What recent developments have taken place in the tabletop sweeteners market? What impact have these strategic developments created on the market?
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