Global Markets for Sugars and Sweeteners in Processed Foods and Beverages
The global market for sugar and other sweeteners was nearly $99.1 billion in 2011 and dropped significantly in 2012 to about $77.5 billion. The market is expected to rise at a CAGR of 4.6% and reach nearly $97.2 billion by 2017.
- An overview of the global market for sugars and sweeteners in processed foods and beverages, with reviews of sugar, corn-derived sweeteners like high-fructose corn syrup, sugar alcohols, and other less commercially important caloric sweeteners, as well as aspartame, acesulfame-K (Ace-K), sucralose, and the oldest product, saccharin
- Analyses of global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017
- Discussion of the sources from which sweeteners are derived, applicability and functionality, caloric content, and benefits and drawbacks for each
- Examination of driving forces such as government regulations, technological advances, research and development of new additives, and international factors, and how these forces can promote or retard the development and marketing of current and new sweeteners
- Comprehensive company profiles of major companies in the sweeteners business, including sweetener manufacturers and processors, as well as food and beverage processors.
The scope of this study encompasses sugar and other sweeteners, biotechnical, chemical and food and beverage markets. BCC analyzes each market and its applications, regulatory environment, technology, market projections and market shares. Technological issues include the latest trends and developments. Emerging markets include countries like India, China, Japan, Korea, Taiwan, Canada, Africa, Australia, New Zealand and others.
Shalini Shahani Dewan focuses on pharmaceuticals and biotechnology and has been a BCC Research contributor since 2002 as both an analyst and project manager. She has explored a wide range of topics and companies, including working for Johnson & Johnson doing market surveillance. She has an undergraduate degree in pharmacy and master's degree in medicinal chemistry. She resides in the Bay Area.
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In 2006, the domestic market for refined sugar in foods and beverages was about 4.6 million metric tonnes (MT). At a CAGR of 2%, this market should grow to a little over 5 million MT by 2011.
The U.S. market for corn-derived sweeteners was about 11.9 million MT in 2006 and should grow at a CAGR of 1.9% to approximately 13.0 million MT in 2011.
The total market for the four current commercial HIS in the U.S. was about 13,400 MT in 2006, and should grow at about 3.3% per year reaching a market of 22,100 MT in 2011.
Other caloric sweeteners include so-called sugar alcohols, also called polyhydric alcohols or polyols. They are increasing in popularity with a 2006 market in the U.S. of 205,000 MT, and are projected to grow at 2.3% to 230,000 MT in 2011.
World production of sugar reached about 135.1 million tons in 2002.
This production will grow at an average annual growth rate (AAGR) of 7%, to reach 145.1 million tons in 2007.
U.S. consumption of sugar alcohol is nearly 79% of total sweetener production.
By 2007, sugar alcohol and HIS consumption is slated to rise as much as 15%/year.
Aspartame makes up almost half of the total U.S. production and consumption of HIS.