Alternative sweeteners market seen reaching $6.69 billion by 2031

Allied Market Research says the global alternative sweeteners market is projected to grow at a 4.5% CAGR from 2022 to 2031, reaching $6,687.6 million by the end of the forecast period. The report points to rising diabetes and obesity rates, clean-label demand, and growth in low-calorie and plant-based ingredients as the main drivers.

Why it matters: - Rising demand for low-calorie, plant-based sweeteners is reshaping food and beverage reformulation. - The market outlook points to stronger adoption of sugar substitutes as consumers, manufacturers and regulators push for lower-sugar products. - The forecast suggests new growth opportunities for ingredient makers, food companies and investors through 2031.

What happened: - Allied Market Research published a forecast for the Alternative Sweeteners Market covering 2022 to 2031. - The report projects the market will grow at a 4.5% CAGR and reach $6,687.6 million by 2031. - The study covers global and regional market dynamics, competitive landscape, value chain trends and regulatory shifts. - The report also includes revenue forecasts by product type, application and region.

The details: - The market is being driven by new uses for alternative sweeteners in the food industry, higher demand for low-calorie sweeteners and the global rise in diabetes and obesity. - Clean-label demand is increasing interest in stevia, monk fruit and allulose. - Sugar tax policies, including the UK's soft-drink levy, are supporting reformulation. - FDA GRAS recognition is also helping create market tailwinds. - Fermentation-based and enzymatic production methods are improving efficiency, cost and taste. - The report includes a sample request link: Request a sample copy. - The report lists major companies including Ajinomoto, Archer-Daniels-Midland, Cargill, DuPont Nutrition & Health, GLG Life Tech, Ingredion, Naturex, Tate & Lyle, PureCircle and Associated British Foods.

Between the lines: - High-intensity sweeteners such as stevia, monk fruit, aspartame and sucralose remain a major segment, but low-intensity sweeteners are projected to post the fastest product-type CAGR at 5.7%. - Food is still the dominant application, while the report expects the