Tabletop Sweeteners Market Predicted to Attain $2.18 Billion by 2030

Meticulous Research®, a well-established leader in market research, has published an in-depth report titled “Tabletop Sweeteners Market by Sweetener Ingredient Type (Sucralose, Stevia, Monk Fruit, Polyols, Others), Source, Form (Powder, Tablet), Packaging Format (Single-serve, Multi-serve), Distribution Channel (B2B, B2C), and Geography — Global Forecast to 2030.”

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According to the latest data from Meticulous Research®, the global tabletop sweeteners market is forecasted to reach $2.18 billion by 2030, growing at a CAGR of 5.9% between 2023 and 2030. In terms of volume, the market is expected to expand to 18,830.7 tons by 2030, with a CAGR of 4.4% during the forecast period. Key factors driving this growth include the increasing prevalence of diabetes and obesity, heightened awareness of healthy living, and a growing shift toward low-sugar and sugar-free diets. However, challenges such as the high cost of tabletop sweeteners and health concerns surrounding their consumption may limit further expansion.

Despite these restraints, significant growth opportunities exist, particularly in emerging markets, where demand for sugar alternatives continues to rise. However, the market still faces challenges, including low awareness and acceptance among certain consumer segments.

The global tabletop sweeteners market is categorized by sweetener ingredient type (including sucralose, stevia, saccharin, aspartame, acesulfame potassium [ace-k], monk fruit, polyols [xylitol, erythritol], and others), source (natural, artificial), form (powder, tablet, liquid, cube), packaging format (single-serve, multi-serve [pouches, jars, dispensers, bottles]), and distribution channel (business-to-business [B2B] and business-to-consumer [B2C], including modern grocery stores, convenience stores, online retailers, and specialty stores). The report also provides comprehensive insights into the competitive landscape and offers detailed analyses at the regional and national levels.

Sweetener Ingredient Type: By 2023, the stevia segment is expected to dominate the market for tabletop sweeteners, thanks to growing consumer demand for products with natural ingredients. Stevia, which is a plant-derived, zero-calorie sweetener, is becoming increasingly popular as consumers gravitate toward cleaner, healthier alternatives to sugar. The trend toward clean-label and reduced-sugar products is likely to further drive demand for stevia-based tabletop sweeteners.

Source: The natural segment is projected to account for the largest share of the market in 2023. This growth is supported by the increasing preference for natural products over artificial alternatives. Consumers are increasingly choosing natural tabletop sweeteners, such as stevia and monk fruit, due to their perceived health benefits, which include fewer calories and a lower impact on blood sugar levels.

Form: In terms of form, the powder segment is anticipated to capture the largest market share in 2023. The widespread use of powdered tabletop sweeteners in both household and commercial settings is driven by their versatility, ease of use, and long shelf life. These attributes have made powdered forms a preferred choice among consumers and foodservice providers alike.

Packaging Format: For packaging, the multi-serve segment is expected to lead the market in 2023. Multi-serve packaging formats, such as pouches, jars, and dispensers, offer consumers the convenience of bulk purchasing, making them suitable for use in households, cafes, and restaurants. This reduces the need for frequent purchases and provides cost-efficiency for regular users, which further fuels the demand for multi-serve packaging.

Distribution Channel: The business-to-consumer (B2C) segment is anticipated to hold the largest share of the global tabletop sweeteners market in 2023. The increasing consumer focus on health, combined with the rise of e-commerce, has led to significant growth in the B2C distribution channel. Consumers are turning to online platforms and physical retail stores for their tabletop sweetener needs, as they seek out personalized, high-quality products that support their health goals.

Geographical Insights: In 2023, North America is expected to dominate the global tabletop sweeteners market. This region's dominance is largely attributed to the rising demand for low-calorie sweeteners driven by the growing incidence of obesity, diabetes, and other health-related conditions. The increasing focus on health and wellness among North American consumers, coupled with the region's strong distribution network and the presence of leading market players, will further drive growth. Moreover, consumer awareness regarding the negative impacts of excessive sugar consumption has spurred demand for sugar substitutes across North America.

The global tabletop sweeteners market is on a steady growth trajectory, driven by increasing health consciousness, rising demand for natural and clean-label products, and advancements in product innovation. As consumer preferences continue to evolve, companies in the tabletop sweeteners market are focusing on product development to meet these demands. This includes launching new products that are aligned with the growing emphasis on natural ingredients, reduced sugar content, and better-for-you alternatives. This shift is expected to sustain the market's growth over the next several years.

Key Players

The tabletop sweeteners market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the tabletop sweeteners market are Whole Earth Brands, Inc. (U.S.), Heartland Food Products Group, LLC (U.S.), Nutrifood (Indonesia), Lightsweet Indústria e Comércio de Alimentos Ltda. (Brazil), Cristal Union (France), Wisdom Natural Brands (U.S.), Zydus Wellness Ltd. (India), Hermes Sweeteners Ltd. (Switzerland), Saraya Co. Ltd. (Japan), Associated British Foods plc (U.K.), Südzucker AG (Germany), and Ajinomoto Co., Inc. (Japan).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/tabletop-sweeteners-market-5510

Key Questions Answered in the Report-

[if !supportLists]· [endif]What is the current value of revenue generated by the tabletop sweeteners market?

[if !supportLists]· [endif]At what rate is the demand for tabletop sweeteners projected to grow for the next 5-7 years?

[if !supportLists]· [endif]What was the historical market size and growth rate for the tabletop sweeteners market?

[if !supportLists]· [endif]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?

[if !supportLists]· [endif]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?

[if !supportLists]· [endif]What are the key geographic trends in this market? Which regions/countries are expected to offer significant growth opportunities for tabletop sweetener manufacturers?

[if !supportLists]· [endif]Who are the major players in the tabletop sweeteners market? What are their specific product offerings in this market?

[if !supportLists]· [endif]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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