Top 10 Sweeteners Companies | Alternate Sweeteners Provided

Ketan Mahajan
Ketan Mahajan

Updated · Jul 23, 2024

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Sweetener Market Overview

Sweeteners, encompassing natural and artificial varieties, serve as essential sugar substitutes. Addressing the growing demand for healthier eating choices amid health concerns and sugar reduction recommendations.

Natural sweeteners are sourced from items like fruits and stevia. They are preferred for their real taste and perceived health advantages, although their overuse can mirror sugar’s health risks.

Artificial sweeteners, including aspartame and sucralose, are staples in low-calorie products, even as their health impacts remain contentious.

The sweetener sector is expanding, especially towards natural options. Propelled by shifting consumer tastes towards organic products and the push for new, sustainable sweetening solutions.

This reflects changing consumer patterns and highlights the need for ongoing innovation in the food sector.

Market Drivers

The global sweetener market is driven by multiple factors, including heightened consumer health and wellness awareness.

Sugar intake regulatory guidelines, food processing technology advancements, environmental and sustainability considerations. Economic efficiencies, and a marked preference for natural ingredients.

These dynamics are further influenced by the globalization of food trends, which disseminates regional sweetener preferences worldwide.

These drivers catalyze the shift towards healthier, low-calorie, and naturally derived sweetening options, propelling market growth and innovation.

Market Size

In 2022, the value of the Global Sweetener Market stood at USD 161.1 billion. With projections suggesting it will grow to USD 344 billion by 2032.

Over the decade from 2023 to 2032, the market is anticipated to achieve a compound annual growth rate (CAGR) of 8.13%.

List of Major Companies

These are the top ten companies operating in the Sweetener Market:

Cargill

Company Overview

Establishment Year1865
HeadquarterMinnetonka, Minnesota, U.S.
Key ManagementBrian Sikes (Chairman and CEO)
Revenue (US$ Bn)$ 165 Billion (2022)
Headcount~ 155,000 (2023)
Websitehttp://www.cargill.com/

About Cargill

Cargill, Inc. stands as a key player in the agribusiness world, especially in the sweetener sector. Offering a broad range of options from traditional sugars to innovative natural sweeteners like stevia.

Focused on evolving food industry needs, Cargill prioritizes innovation, environmental sustainability, and working closely with customers.

Its dedication to creating healthier sweetening alternatives and reducing its environmental footprint makes Cargill essential in delivering versatile sweetener solutions. These efforts align with the growing consumer demand for healthier and eco-friendly food ingredients.

Geographical Presence

Cargill, Incorporated boasts a widespread presence across North America, Europe, Asia-Pacific, Latin America, and parts of Africa and the Middle East, marking its dominance in the agribusiness sector.

Its global reach is supported by an efficient supply chain and distribution network. Positions Cargill to cater to the varied demands of the sweetener market and other industries worldwide.

With facilities and operations from the Americas to key growth markets in Asia and Brazil. Cargill tailors its sweetener offerings to fit local tastes and demands.

This strategic global footprint enables the company to maintain a strong competitive advantage in meeting global market needs and adapting to consumer trends.

Recent Developments

  • In March 2024, Cargill donated $2.1 million to Water.org, a worldwide nonprofit dedicated to helping those in poverty gain access to clean water by removing financial hurdles.
  • In March 2024, Cargill introduced a new line of block chocolates, chocolate chips, and cocoa powder under its NatureFresh Professional brand at AAHAR 2024, presenting innovative products tailored for India’s Food and Bakery sector.

ADM

Company Overview

Establishment Year1902
HeadquarterChicago, Illinois, U.S.
Key ManagementJuan Luciano (Chairman and CEO)
Revenue (US$ Bn)$ 93.9 B (2023)
Headcount~ 41,802 (2023)
Websitehttp://adm.com/

About Archer Daniels Midland

Archer Daniels Midland Company (ADM) is a leading force in the sweetener industry, offering a wide selection of products. Including corn syrups, HFCS, dextrose, maltodextrin, and both synthetic and natural sweeteners like aspartame and stevia.

Focused on innovation, sustainability, and customer-focused solutions, ADM commits to eco-friendly practices and aligns its sweetener development with health-conscious trends.

Leveraging its global network, ADM efficiently meets diverse market demands, customizing sweetener solutions and enhancing product nutrition.

This strategic approach cements ADM’s role in promoting healthier, sustainable food options in the sweetener market.

Geographical Presence

Archer Daniels Midland Company (ADM) boasts a broad and strategic presence across the globe. Significantly impacting the food processing and sweetener sectors.

Its operations extend through North America, Europe, Asia-Pacific, and South America, with expansion efforts in Africa and the Middle East.

Through its extensive network of processing facilities, research labs, and distribution centers. ADM efficiently meets global and regional demands for sweeteners, aligning with consumer preferences and industry trends.

Key locations in the United States, Canada, China, and Brazil, alongside emerging markets. Bolster ADM’s supply chain and reinforce its status as a top supplier of sweeteners and food ingredients worldwide.

Recent Developments

  • In March 2024, ADM enhanced its support for global access to safe water and sanitation by donating $1 million to Water.org. Aiding the nonprofit’s mission to improve lives worldwide significantly.
  • In March 2024, ADM initiated an accelerated share repurchase (ASR) agreement with Merrill Lynch International, a BofA Securities affiliate, for a delayed delivery buyback of $1 billion of its common stock.

Tate-and-Lyle

Company Overview

Establishment Year1921
HeadquarterLondon, England, UK
Key ManagementGerry Murphy (Chairman)
Revenue (US$ Bn)$ 2.2 Billion (2022)
Headcount~ 3,604 (2022)
Websitehttp://eagleview.com/

About Tate & Lyle

Tate & Lyle PLC, a global provider of food and beverage ingredients, holds a significant position in the sweetener industry.

The company specializes in offering a wide range of sweetening solutions, including sucralose. A key artificial sweetener, as well as a variety of other sweeteners tailored to the needs of the food and beverage sector.

With a strong emphasis on innovation and sustainability. Tate & Lyle develops products that cater to the growing consumer demand for healthier, low-calorie food options.

This focus aligns with global health trends and the industry’s move towards reducing sugar content in diets.

Through its commitment to quality, customer service, and product development, Tate & Lyle stands as a pivotal player in providing versatile sweetener solutions worldwide.

Geographical Presence

Tate & Lyle PLC, originating in Britain, has become a global leader in food and beverage ingredients. With a significant presence in Europe, North America, Asia-Pacific, and Latin America.

It maintains manufacturing facilities and R&D centers in Europe, meets high demand in North America, invests in the growing Asia-Pacific market, and explores opportunities in Latin America, the Middle East, and Africa.

This expansion allows Tate & Lyle to diversify risks, seize regional growth opportunities, and deliver innovative solutions globally.

Recent Development

  • In January 2024, Tate & Lyle received final decisions from the Australian Patent Office affirming its patent claims for allulose syrup despite challenges from multiple organizations.
  • In December 2023, Tate & Lyle renewed its collaboration with the China Foundation for Rural Development for a third year.

Ingredion

Company Overview

Establishment Year1906
HeadquarterWestchester, Illinois, United States
Key ManagementJames Zallie (President and CEO)
Revenue (US$ Bn)$ 8.2 Billion (2023)
Headcount~ 11,600 (2023)
Websitehttp://www.ingredion.com/

About Ingredion

Ingredion Inc., a global leader in ingredient solutions, offers a wide range of sweeteners to meet the diverse needs of its customers worldwide.

With a portfolio spanning high fructose corn syrup (HFCS), stevia-based sweeteners, polyols like sorbitol and maltitol, allulose, and corn syrup solids, Ingredion caters to various industries including food and beverage, brewing, pharmaceuticals, and personal care.

Leveraging its expertise in carbohydrate-based technologies, Ingredion provides innovative sweetener solutions that align with consumer preferences for natural, low-calorie, and clean-label products.

Positioned at the forefront of the sweeteners market, Ingredion is poised to capitalize on emerging trends while driving growth and delivering value to its customers through its commitment to quality, innovation, and sustainability.

Geographical Presence

Ingredion Inc., a global leader in ingredient solutions, has a vast presence across key regions worldwide. Headquartered in Westchester, Illinois, the company operates in over 120 countries, serving diverse industries.

With a network of 60+ manufacturing facilities strategically located in North America, South America, Europe, Asia-Pacific, and the Middle East, Ingredion efficiently meets local market demands.

This extensive reach allows the company to provide innovative solutions globally while fostering local partnerships and contributing to regional economic development.

Recent Development

  • In February 2024, Ingredion introduced NOVATION Indulge 2940 starch, enhancing its clean-label texturizers range.
  • In November 2022, Ingredion entered an exclusive commercial distribution partnership with InnovoPro, a top Foodtech chickpea solutions provider.

DuPont

Company Overview

Establishment Year1802
HeadquarterWilmington, Delaware, US
Key ManagementEdward D. Breen (CEO)
Revenue (US$ Bn)$ 12.1 B (2023)
Headcount~ 24,000 (2023)
Websitehttp://dupont.com/

About DuPont

DuPont, a leader in innovation and science-based solutions, excels in sweetening solutions for the food and beverage industry through its renowned Sweeteners Division.

With a strong focus on research and development, DuPont offers a diverse range of high-intensity, natural, and functional sweeteners to meet changing consumer preferences.

Leveraging advanced technologies and global reach, the division partners with manufacturers worldwide to provide superior sweetening options that enhance taste and promote wellness.

Emphasizing sustainability, DuPont’s Sweeteners Division reflects the company’s commitment to innovation and quality while shaping the future of sweeteners globally.

Geographical Presence

DuPont’s geographical presence spans continents, with strategic locations strategically positioned worldwide to serve diverse markets.

In North America, Europe, Asia-Pacific, Latin America, and the Middle East, DuPont has established facilities for research, development, manufacturing, and distribution, enabling efficient service to regional markets.

This global footprint allows DuPont to cater to local needs while driving innovation and providing value to customers across industries.

Recent Developments

  • In March 2024, DuPont and Menatek Defense Technologies forged an agreement concerning the worldwide bearing market.
  • In March 2024, Silicon Catalyst revealed that DuPont has extended its involvement as a Strategic Ecosystem Partner. This renewal means that Silicon Catalyst will offer continued strategic guidance to DuPont regarding startups focusing on advancing electronic technology, materials, and devices.

Roquette-Freres

Company Overview

Establishment Year1957
HeadquarterLestrem, France
Key ManagementPierre Courduroux (CEO)
Revenue (US$ Bn)$ 4.6 Billion (2022)
Headcount~ 8,000 (2022)
Websitehttps://www.roquette.com/

About Roquette Frères

Roquette Frères SA, a global leader in food and pharmaceutical ingredients, specializes in providing innovative and sustainable solutions.

With a rich history dating back to 1957 and headquartered in Lestrem, France, the company excels in offering plant-based ingredients tailored to diverse industries.

In the sweeteners market, Roquette Frères stands out with its range of stevia-based options, polyols like sorbitol and maltitol, and functional carbohydrates.

These solutions address growing consumer preferences for healthier alternatives while maintaining taste. Committed to sustainability, the company adheres to strict environmental standards and promotes responsible sourcing.

Positioned to capitalize on rising health awareness and regulatory shifts, Roquette Frères is poised to maintain its leadership in sweeteners, driving industry growth through innovation and quality.

Geographical Presence

Roquette Frères SA boasts a global geographical presence, with operations spanning across key regions worldwide. Headquartered in Lestrem, France, the company has established manufacturing facilities, distribution centers, and offices strategically located to serve its diverse customer base effectively.

With a strong foothold in Europe, North America, Asia-Pacific, and other regions, Roquette Frères leverages its extensive network to cater to the needs of various industries, including food and beverage, pharmaceuticals, nutraceuticals, and more.

This expansive geographical footprint enables the company to efficiently deliver its innovative and sustainable solutions to customers around the globe, positioning it as a prominent player in the international market landscape.

Recent Developments

  • In March 2024, Roquette revealed plans to acquire IFF Pharma Solutions, a global producer of excipients for oral dosage forms. This strategic move aims to strengthen Roquette’s role as a key partner in the pharmaceutical sector.
  • In January 2024, Roquette, based in Lestrem, France, attained the International Sustainability and Carbon Certification (ISCC) PLUS for its isosorbide production.

Suedzucker

Company Overview

Establishment Year1926
HeadquarterMannheim, Germany
Key ManagementDr. Niels Pörksen (CEO)
Revenue (US$ Bn)$ 10.0 Billion (2023)
Headcount~ 19,387 (2023)
Websitehttp://www.suedzucker.de/en/

About Südzucker

Südzucker AG, based in Mannheim, Germany, is a leading entity in the global sweetener market. It is renowned for its comprehensive array of products, including traditional beet sugar, specialty sugars, syrups, and low-calorie substitutes like stevia.

With a strong focus on quality, sustainability, and innovation, the company caters to a wide range of needs within the food and beverage industry, as well as pharmaceuticals and cosmetics.

Despite its stronghold in Europe, Südzucker’s global operations, supported by exports and partnerships, enable it to serve an international clientele.

This strategic approach, coupled with ongoing research and development efforts. Positions Südzucker to effectively respond to the shifting consumer demand for healthier sweetening options. It also secures its status as a key player in the sweetener sector.

Geographical Presence

Südzucker AG, headquartered in Mannheim, Germany, boasts a significant global presence, with operations spanning Europe, the Americas, and Asia.

Within Europe, the company maintains a strong foothold across nations such as Germany, France, Austria, Poland, and the United Kingdom, reflecting its leadership in the European sugar market.

Beyond Europe, Südzucker strategically operates in key markets, including the United States, Canada, Mexico, and China.

This expansive reach underscores Südzucker’s commitment to serving diverse markets and meeting global demand for sugar and related products.

Additionally, Südzucker’s diverse product portfolio, including specialty ingredients and fruit preparations, further enhances its relevance and competitiveness worldwide.

Recent Developments

  • In April 2022, Südzucker broadened its protein portfolio under its 2026 PLUS strategy, aiming to source proteins from regionally cultivated Faba beans for the food and animal nutrition sectors.
  • In March 2022, Südzucker Group became a new member of EIT Food, joining the European EIT Food Accelerator Network (EIT FAN) program.

Ajinomoto

Company Overview

Establishment Year1917
HeadquarterChūō, Tokyo, Japan
Key ManagementTaro Fujie (President & CEO)
Revenue (US$ Bn)$ 10.0 Billion (2023)
Headcount~ 34,615 (2023)
Websitehttp://ajinomoto.com/

About Ajinomoto

Ajinomoto Co., Inc., a leading Japanese multinational, significantly impacts the sweetener industry with its array of natural and artificial sweeteners, including aspartame, advantame, and AminoSweet®.

Emphasizing innovation, health, and sustainability, Ajinomoto invests in research to develop healthier sweetening options, aligning with the global shift towards reduced sugar consumption.

With operations across the globe, the company caters to diverse markets, ensuring its sweeteners meet local tastes and standards.

Ajinomoto’s commitment to sustainable practices and innovation underpins its strategy to fulfill the food and beverage industry’s demand for low-calorie. Environmentally friendly sweetening solutions, reinforcing its position as a key player in the global sweetener market.

Geographical Presence

Ajinomoto Co., Inc. boasts a robust global presence, strategically positioning itself across key regions worldwide. With strong footholds in Asia, Europe, and North America, the company serves diverse markets with its innovative food solutions and high-quality products.

In Asia, Ajinomoto operates extensively in Japan, China, Thailand, Indonesia, and Malaysia, catering to local culinary preferences.

In Europe, it has successfully entered markets such as France, Germany, the United Kingdom, and Italy, leveraging its expertise in umami taste enhancement.

In North America, particularly the United States, Ajinomoto offers a wide array of food products, including MSG and seasoning blends. Through strategic partnerships and investments, Ajinomoto continues to expand its global footprint.

Recent Development

  • In December 2023, Ajinomoto finalized the acquisition of all equity in Forge Biologics.
  • In March 2022, Ajinomoto invested in SARAH Inc., a startup offering a gourmet community and culinary big data service based on menu item reviews, as part of its corporate venture capital projects.

Celanese

Company Overview

Establishment Year1918
HeadquarterIrving, Texas, U.S.
Key ManagementLori J. Ryerkerk (CEO)
Revenue (US$ Bn)$ 10.9 Billion (2023)
Headcount~ 12,410 (2023)
Websitehttp://celanese.com/

About Celanese

Celanese Corporation, a global leader in chemical and specialty materials, significantly impacts the sweetener industry with its production of acesulfame potassium (Ace-K), a popular artificial sweetener.

Leveraging its expertise in chemical manufacturing, Celanese targets the growing demand for low-calorie and sugar-free products. Offering Ace-K as a key solution for enhancing flavor in food and beverages without compromising health.

With operations worldwide, the company ensures the wide availability of its products, supported by a commitment to innovation and sustainability.

This strategy enables Celanese to provide healthier sweetening options while pursuing environmentally responsible manufacturing practices. Marking its pivotal role in meeting the sweetener needs of the global food and beverage industry.

Geographical Presence

Celanese Corporation maintains a substantial global presence spanning the Americas, Europe, and Asia. With manufacturing facilities, distribution centers, and offices strategically located across North and South America, Europe, and key Asian countries, including China, Japan, South Korea, and India, Celanese effectively serves its diverse customer base.

This geographical footprint underscores Celanese’s commitment to providing innovative solutions and high-quality products to customers worldwide, positioning the company as a key player in the international market landscape.

Recent Development

  • In March 2024, Celanese, through its Fairway Methanol venture with Mitsui & Co., Ltd., revealed that its Low Carbon CCU Methanol has received certification from the International Sustainability and Carbon Certification (ISCC) under the ISCC Carbon Footprint Certification (CFC) system.
  • In January 2024, Celanese Corporation and Under Armour, Inc. partnered to create NEOLAST, a novel fiber for high-performance stretch fabrics.

Dabur

Company Overview

Establishment Year1884
HeadquarterGhaziabad, Uttar Pradesh, India
Key ManagementMohit Malhotra (CEO)
Revenue (US$ Bn)$ 1.4 Billion (2022)
Headcount~ 7,740 (2020)
Websitehttps://www.dabur.com/

About Dabur

Dabur Ltd, a leading Indian multinational, is a key player in the sweetener market with its range of natural and herbal products. Offering honey, stevia-based alternatives, and other natural sweeteners, Dabur caters to the growing demand for healthier sugar substitutes.

Emphasizing purity and quality, the company leverages its expertise in natural and herbal ingredients to provide consumers with additive-free options.

While its primary market is in India, Dabur has a global presence and exports its products internationally. Committed to innovation and sustainability, Dabur continues to meet consumer preferences for healthier sweetening alternatives, contributing to the global trend towards natural food options.

Geographical Presence

Originating in India, Dabur has expanded strategically, reaching markets in Asia, Africa, the Middle East, and beyond. With a focus on emerging markets, the company’s products are widely available, catering to diverse consumer needs.

While India remains a key market, Dabur has successfully penetrated the Middle East, Africa, and Asia-Pacific regions, capitalizing on the growing demand for natural and herbal products.

Despite a more modest presence in Europe and North America, Dabur continues to make efforts to increase market share and brand visibility in these regions.

Overall, Dabur’s geographical diversification reflects its strategic approach to market expansion and underscores its status as a global consumer goods leader.

Recent Developments

  • In January 2024, Dabur India authorized a Rs 135 Crore investment to establish a new manufacturing plant in South India.
  • In January 2024, to commemorate the inauguration of the Ram Mandir in Ayodhya, Dabur India unveiled Special Edition Ayodhya packs for its popular brands Dabur Amla Hair Oil and Dabur Red Paste.
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