Tabletop Sweeteners Market Growth and Leading Companies

The Tabletop Sweeteners Market is forecasted to reach $2.18 billion by 2030, achieving a CAGR of 5.9% from 2023 to 2030. The market is also expected to hit a volume of 18,830.7 tons by 2030, growing at a CAGR of 4.4%. This growth is largely attributed to rising diabetes rates and an increasing focus on health and wellness, although high costs and potential health concerns remain significant challenges.

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Notable Market Players

1. Whole Earth Brands, Inc. (U.S.) Headquartered in Illinois, U.S., Whole Earth Brands, Inc., was established in 2018 and rebranded in 2020. The company provides plant-based sweeteners under the WHOLE EARTH and Equal brands and operates in over 90 countries, employing 760 people as of 2022.

2. Heartland Food Products Group, LLC (U.S.) Operating from Indiana, U.S., Heartland Food Products Group has been a leader in low-calorie sweeteners since 1991, known for its Splenda brand. The company has facilities in the U.S., Mexico, and Europe, with 1,200 employees.

3. Associated British Foods plc (U.K.) Based in London, U.K., Associated British Foods plc has been operating since 1935. It offers tabletop sweeteners under the Silver Spoon brand and has a global reach in over 100 countries, with 132,273 employees.

4. Nutrifood (Indonesia) Nutrifood, founded in 1979 and headquartered in Jakarta, Indonesia, offers health foods including tabletop sweeteners under the Tropicana Slim brand. The company has a broad distribution network across more than 30 countries.

5. Südzucker AG (Germany) Established in 1926 and based in Mannheim, Germany, Südzucker AG specializes in sugar and specialty products. The company provides tabletop sweeteners under the Tiense Suiker brand and employs 18,019 people globally.

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6. Wisdom Natural Brands (U.S.) Wisdom Natural Brands, based in Arizona, U.S., offers zero-calorie sweeteners under the SweetLeaf brand. The company’s distribution network extends to over 30 countries, supporting a robust international presence.

7. Zydus Wellness Ltd. (India) Zydus Wellness Ltd., founded in 1952 and based in Ahmedabad, India, provides tabletop sweeteners through its Sugar Free brand. The company has a comprehensive global distribution network and employs 1,075 people.

8. Hermes Sweeteners Ltd. (Switzerland) Hermes Sweeteners Ltd., headquartered in Zurich, Switzerland, produces a variety of tabletop sweeteners, including those made from cyclamate and stevia. The company serves markets in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

9. Saraya Co. Ltd. (Japan) Saraya Co. Ltd., based in Osaka, Japan, offers monk fruit-based sweeteners under the Lakanto brand. The company operates several facilities and has a strong international footprint, with 2,277 employees.

10. Ajinomoto Co., Inc. (Japan) Tokyo-based Ajinomoto Co., Inc., provides a range of food and biotechnology ingredients, including tabletop sweeteners under the Pal Sweet brand. The company operates in 35 countries and employs 34,198 people globally.

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Key Questions Answered in the Report-
• What is the current value of revenue generated by the tabletop sweeteners market?
• At what rate is the demand for tabletop sweeteners projected to grow for the next 5-7 years?
• What was the historical market size and growth rate for the tabletop sweeteners market?
• What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?
• Which segments in terms of sweetener ingredient type, source, form, packaging format, and distribution channel have created major traction for the manufacturers in this market in recent years?
• What are the key geographic trends in this market? Which regions/countries are expected to offer significant growth opportunities for tabletop sweetener manufacturers?
• Who are the major players in the tabletop sweeteners market? What are their specific product offerings in this market?
• What recent developments have taken place in the tabletop sweeteners market? What impact have these strategic developments created on the market?

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