The global sugar substitutes market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. Sugar substitutes are mainly used in food products, however it is also used in cosmetics and personal care industry. Many companies are using sweeteners in their products for natural flavours and fragrances. Several companies are using sorbitol a sugar alcohol in cosmetic products as a sweetener. Sorbitol is a sugar alcohol made up of corn syrup. Sorbitol is also used in toothpaste and soaps. Sugar substitutes help in preventing moisture in consumer’s skin and hair. As a result of which, various personal care market players and manufactures are inclined towards offering sugar substitutes based cosmetic product, which will further propel the growth of the market

For instance, in November 2020, Roquette, a French plant-based ingredients company and pharmaceutical excipients provider, launched its pea starch technology, Lycagel, for vegetarian softgel capsule formulations. The new capsule formulation is made up of carrageenan, a setting agent found in marine macro algae, NEOSORB sorbitol, a plant-based ingredient used for nutraceutical applications, and salt. The launch of Lycagel marks a new era for softgel formulations and manufacturing. Manufacturers no longer need to compromise on performance when launching a vegetable softgel solution.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- including Ajinomoto Co., Inc., Archer Daniels Midland Company, BENEO GmbH, Fooditive Group, Ingredion Incorporated, and others.

Sugar Substitutes Market Segmentation

By Type

Aspartame
Acesulfame Potassium
Sucralose
Stevia
Others (Saccharine and Sugar Alcohols)

By Application

Food & Beverage
Pharmaceuticals
Personal Care & Cosmetics

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Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles 

Ajinomoto Co., Inc.
Archer Daniels Midland Co.
BENEO GmbH
Fooditive Group
Ingredion Inc.
JK Sucralose Inc.
Kyung-In Synthetic Corp.
Manus Bio Inc.
PureCircle
Roquette Frères
Tate & Lyle plc
Viachem
Zydus Wellness LTD.

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