Product Code: ETC4539685 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India sugar substitutes market import shipment demonstrated a notable decline with a CAGR of -17.5% from 2020 to 2024. Although the pace of decline moderated slightly between 2023 and 2024 with a growth rate of -6.8%, the market overall experienced a significant slowdown, indicating a challenging environment for this sector.
The India sugar substitutes market is witnessing a surge in demand as consumers shift towards healthier dietary choices. Sugar substitutes, including artificial sweeteners like saccharin and aspartame, as well as natural alternatives like erythritol and xylitol, are being used in a variety of food and beverage products. This growth is primarily driven by the increasing prevalence of diabetes, obesity, and other health concerns. As consumers look to reduce their sugar intake, food manufacturers are incorporating these substitutes into their products, expanding the market`s presence and offering healthier options for consumers.
The sugar substitutes market in India is being driven by the increasing awareness of the adverse health effects of excessive sugar consumption. As consumers seek to reduce their sugar intake to combat health issues like diabetes and obesity, they are turning to sugar substitutes, including artificial sweeteners, and natural alternatives like stevia and erythritol. The growing food and beverage industry`s efforts to reformulate products with lower sugar content and government regulations on sugar content in food and drinks are also propelling the demand for sugar substitutes.
The India sugar substitutes market is met with challenges related to public health concerns and consumer acceptance. While sugar substitutes can offer health benefits, their safety and long-term effects are subjects of ongoing research and debate. Consumer awareness and understanding of these products need to be improved. The market also contends with the need for innovative product development and the formulation of sugar substitutes that mimic the taste and texture of sugar, making them more appealing to consumers. Regulatory compliance and labeling standards are essential but complex aspects to navigate, further adding to the challenges in this sector.
The sugar substitutes market saw increased interest from health-conscious consumers. The demand for sugar-free and low-calorie sweeteners surged.
Key players in the India sugar substitutes market include Cargill, Archer Daniels Midland Company, Roquette Freres, and Ingredion.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sugar Substitutes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sugar Substitutes Market Revenues & Volume, 2021 & 2031F |
3.3 India Sugar Substitutes Market - Industry Life Cycle |
3.4 India Sugar Substitutes Market - Porter's Five Forces |
3.5 India Sugar Substitutes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Sugar Substitutes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Sugar Substitutes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers in India leading to a shift towards healthier alternatives. |
4.2.2 Rising prevalence of diabetes and obesity in India driving the demand for sugar substitutes. |
4.2.3 Growing awareness about the negative health effects of excessive sugar consumption. |
4.3 Market Restraints |
4.3.1 Lack of awareness and education about sugar substitutes among the Indian population. |
4.3.2 Perceived taste differences compared to natural sugar affecting consumer acceptance. |
4.3.3 Regulatory challenges and uncertainty surrounding the approval and usage of sugar substitutes in India. |
5 India Sugar Substitutes Market Trends |
6 India Sugar Substitutes Market, By Types |
6.1 India Sugar Substitutes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Sugar Substitutes Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Sugar Substitutes Market Revenues & Volume, By High Fructose Syrup, 2021-2031F |
6.1.4 India Sugar Substitutes Market Revenues & Volume, By High-Intensity Sweetener, 2021-2031F |
6.1.5 India Sugar Substitutes Market Revenues & Volume, By Low-Intensity Sweetener, 2021-2031F |
6.2 India Sugar Substitutes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sugar Substitutes Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.3 India Sugar Substitutes Market Revenues & Volume, By Food Products, 2021-2031F |
6.2.4 India Sugar Substitutes Market Revenues & Volume, By Health & Personal Care Products, 2021-2031F |
7 India Sugar Substitutes Market Import-Export Trade Statistics |
7.1 India Sugar Substitutes Market Export to Major Countries |
7.2 India Sugar Substitutes Market Imports from Major Countries |
8 India Sugar Substitutes Market Key Performance Indicators |
8.1 Consumer adoption rate of sugar substitutes in India. |
8.2 Number of new product launches incorporating sugar substitutes. |
8.3 Growth in the diabetic and obese population opting for sugar substitutes. |
8.4 Rate of innovation and development in the sugar substitutes market. |
8.5 Percentage increase in health and wellness campaigns promoting sugar substitutes. |
9 India Sugar Substitutes Market - Opportunity Assessment |
9.1 India Sugar Substitutes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Sugar Substitutes Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Sugar Substitutes Market - Competitive Landscape |
10.1 India Sugar Substitutes Market Revenue Share, By Companies, 2024 |
10.2 India Sugar Substitutes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |