Global Sugar Substitutes Market reached USD 7.3 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 12.3 billion by 2030 and is expected to exhibit a CAGR of 6.8% during the forecast period 2025-2032. The primary driver for the sugar substitute market's expansion is the increasing demand for artificial sweeteners, high-intensity, low-calorie sweeteners, and others.
Consumers are attracted to sugar substitutes as they enhance the flavor of foods, provide less calorie intake, and are widely used in processed foods and beverages. It is considered safe for diabetic people. Some of the most widely used sugar substitutes include stevia, sucralose, and others. They are considered healthier alternatives to conventional sugar.
