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Fermented Sweeteners Market Value Share, Analysis and Segments 2017 - 2027

Author: Sonali Sharma
by Sonali Sharma
Posted: Jan 06, 2019

Fermented Sweeteners Market Outlook Nowadays, sugar-free food products are garnering attention in developed countries due to their low-calorie content, and the sweeteners that facilitate their production are the most noticeable ingredients in the food industry. Thus, various food ingredient manufacturers are using fermented sweeteners with low-calorie content instead of high-calorie sugar. Numerous scientific researches have proved the safety of low-calorie sweeteners used in the food industry in the U.S., namely acesulfame K, neotame, sucralose, saccharin, and aspartame. Fermented sweeteners offer excellent taste with better sweetness intensity, enhanced sweetness quality without the off-note bitterness aftertaste, which is common with other sweeteners. Low-calorie fermented sweeteners help in weight management. Obesity is a growing problem globally and the most severe problem among small children. According to an independent study published in the Journal of Pediatrics, there is a substantial increase in the severe obesity among children aging 2 to 5 years. The survey from 1999 to 2016 among 3,000 children showed that the obesity rate among kids aged 2 to 5 years rose from 9% to 14% in 2016.

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Fermented Sweeteners Market: Reasons for Covering This Title

Nowadays, consumers are demanding naturally-sourced plant-based food ingredients and non-GMO products, owing to their health benefits and the rise in consumer spending on food products, which is fuelling the growth of the food industry. The increasing prevalence of obesity and diabetes among the population and the intensifying demand for fortified products and packaged foods along with the growing demand for re-formulated products with low-calorie fermented sweeteners are some of the leading factors for companies in fermented sweeteners market to focus on. However, currently, the setup cost of a fermentation-based production facility is higher than increasing new farming area with similar stevia production capacity in developing countries, such as India, Africa, and other countries in Asia, may hamper the growth of the fermented sweeteners market.

Global Fermented Sweeteners: Market Segmentation

On the basis of the product type, the global fermented sweeteners market can be segmented as:

  • Natural Sweeteners
    • Maple Syrup
    • Stevia
    • Molasses
    • Coconut Sugar
    • Agave Nectar
    • Xylitol
    • Others
  • Artificial Sweeteners
    • Nutritive Sweeteners
    • Non-nutritive Sweeteners

On the basis of the source, the global fermented sweeteners market can be segmented as:

  • Organic
  • Conventional

On the basis of the application, the global fermented sweeteners market can be segmented as:

  • Food & Beverages
    • Bakery Goods
    • Sweet Spreads
    • Confectionery and Chewing Gums
    • Alcoholic
    • Non-Alcoholic
    • Others
  • Pharmaceuticals
  • Others

Market Growth of Fermented Sweeteners Market by Product Type, 2017

Global Fermented Sweeteners Market: Key Players

Some of the prominent players operating in the global fermented sweeteners market are Koninklijke DSM N.V., Evolva Holding Company, PureCircle Ltd., Ingredion Incorporated, Cargill Inc., Sweet Green Fields LLC, Holland Sweetener Company, Ajinomoto Co., Inc., T. Hasegawa USA, The Truvía Company LLC, The Archer Daniels Midland Company, GLG Life Tech Corporation, Kerry Group, Senomyx, Inc., E. I. du Pont de Nemours and Company, Sweet Additions LLC, FlavorHealth, Changzhou Niutang Chemical Plant Co., Ltd., HYET Sweet B.V., Florida Crystals Corporation, and others.

Region-Wise Market Presence of Key Manufacturers in Global Fermented Sweeteners Market

Manufacturers are drastically shifting from the reduction of sugar to fermented sweeteners for formulations. The rise in demand for plant-based ingredients, growth in the food and beverages industry, and improvement in the fermented sweeteners extraction process are some of the leading factors driving the growth of the global fermented sweeteners market. Moreover, there is keen interest and competition among prominent players to commercialize fermented sweeteners based on steviol glycosides, owing to the widespread adoption of stevia as well as the ease of obtaining regulatory approval due to its natural origin which provides an incentive to allow manufacturers to include “all-natural” claims to their products.

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Fermented Sweeteners Market Key Developments

  • In 2018, Evolva Holding Company, in partnership with Cargill Inc., planned to introduce the novel fermented steviol glycosides ‘EverSweet’, a hotly-anticipated next generation Reb B and Reb M sweetener, to expand its presence in the next-generation stevia market

  • In 2017, Koninklijke DSM N.V. focused on receiving government approval to sell fermented sweeteners ‘stevia glycosides’ in the European market. Through fermented stevia, the company will develop a sweetener using best-tasting molecules without any metallic and bitter aftertaste and allow food and beverage companies to reduce sugar in their food ingredient formulations. This will also strengthen the company’s market position by providing sustainable, consistent, excellent tasting, and cost-effective fermented sweeteners. Koninklijke DSM N.V. is the first company to seek European Food Safety Authority (EFSA) approval

  • In 2016, Evolva Holding Company was recognized with a European patent for its novel technique for developing fermentative stevia. Since 2013, the company was working with Cargill Inc. on the fermented stevia ‘EverSweet’

Opportunities for Fermented Sweeteners Market Participants

Companies are focusing on receiving government approvals, such as EFSA and FDA approvals, to enter into new markets and on developing new production processes to bring down production costs. This, coupled with the rising demand for GMO-free products, is estimated to provide a surge in revenue and drive the fermented sweeteners market at a rapid growth rate over the forecast period. Additionally, expanding research and development activities, rise in the demand for low calorie natural sweeteners, increasing health concerns among people, and new product development, such as fermented steviol glycosides, are some of the other factors fueling the growth of the fermented sweeteners market.

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Author: Sonali Sharma

Sonali Sharma

Member since: Jul 28, 2017
Published articles: 365

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