Report Overview

The Australia food sweetener market is estimated to be valued at AUD 620.03 million in 2023. It is expected to grow at a CAGR of 2.44 % between 2024 and 2032 to reach almost AUD 770.26 million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to AIHW, around 3.4% of the children in the age group 2-17 years consumed sugar-sweetened drinks daily.
  • According to ABS, in June 2023, the consumption of intense-sweetened non-alcoholic beverages was around 65.4 millilitres, per capita per day.
  • In 2022-2023, the proportion of beverages that were intense sweetened has been 34.6%.

Australia Food Sweetener Market Growth

Compound Annual Growth Rate

Value in AUD million

2.44%

2024-2032


Australia Food Sweetener Market Outlook

*this image is indicative*

High-intensity sweeteners led the Australia food sweetener market due to their suitability for diabetic-friendly products, providing sweetening solutions tailored for individuals with diabetes. High-intensity sweeteners serve as a cost-effective substitute for sugar in the food and beverage industry. Additionally, their popularity is rising among health-conscious consumers because they provide low-calorie options for food and beverages. They are suitable for use in dairy products and baked goods due to their extended shelf life. Sucrose can be used in a wide range of food and beverage applications due to its versatility and texture.

Australia Food Sweetener Market Summary Description Value
Base Year AUD Million 2023
Historical period AUD Million 2018-2023
Forecast Period AUD Million 2024-2032
Market Size 2023 AUD Million 620.0
Market Size 2032 AUD Million 770.3
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 2.4%
CAGR 2024-2032 - Market by Region Western Australia 2.8%
CAGR 2024-2032 - Market by Region Australian Capital Territory 2.6%
CAGR 2024-2032 - Market by Product Type High Intensity Sweeteners (HIS) 2.7%
CAGR 2024-2032 - Market by End Use Beverages 2.8%
Market Share by Region Western Australia 15.8%

Australia Food Sweetener Market Report

The development of the food sweetener market is guided by several factors. There is a rising trend towards replacing preservatives and artificial additives with natural sweeteners in formulations, driven by increasing demand for products with clean-label ingredients. Additionally, the customisation of sweetening solutions and ingredient blends is growing to meet diverse consumer preferences.

Moreover, advancements in sweetening technologies, such as flavour masking and microencapsulation, are enhancing functionality and stability. As consumers prioritize health, there is increasing demand for plant-based sweeteners like coconut sugar and others.

Australia Food Sweetener Market Segmentation

Australia Food Sweetener Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Starch Sweeteners and Sugar Alcohols 
    • High Fructose Corn Syrup (HFCS)
    • Sorbitol
    • Dextrose
    • Maltodextrin
    • Xylitol
    • Other Starch Sweeteners and Sugar Alcohols
  • Sucrose 
  • High Intensity Sweeteners (HIS)
    • Neotame
    • Stevia
    • Saccharin
    • Sucralose
    • Acesulfame Potassium (Ace-K)
    • Aspartame
    • Other High-intensity Sweeteners

Market Breakup by Application

  • Beverages
  • Soups, Sauces and Dressings
  • Dairy and Desserts
  • Bakery and Confectionery
  • Meat and Meat Products
  • Others

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Departmental Stores
  • Online Stores
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Food Sweetener Market Share

The growth of Australia food sweetener market is fuelled by the rise in health-conscious consumers, clean-label ingredients, technological advancements, functional sweeteners, and convenience and shelf life.

CAGR 2024-2032 - Market by Region
Western Australia 2.8%
Australian Capital Territory 2.6%
Victoria 2.5%
New South Wales XX%
Queensland XX%
Others XX%

Leading companies in the Australia food sweetener market

The growing food processing sector along with rising number of confectionaries and bakeries are driving the market forward.

  • Cargill Australia Limited 
  • Ingredion ANZ Pty Ltd.
  • Glg Life Tech Corp.
  • Sweetlife Australia Pty Ltd.
  • Naturally Sweet Products
  • Nirvana Health Products
  • Lakanto Australia

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at AUD 620.03 million in 2023.

The market is projected to grow at a CAGR of 2.44% between 2024 and 2032.

The revenue generated from the food sweetener market is expected to reach AUD 770.26 million in 2032.

Based on the product type, the food sweetener market is bifurcated into sucrose, high-intensity sweeteners, and starch sweeteners and sugar alcohols.

Key players in the food sweetener industry are Cargill Australia Limited, Ingredion ANZ Pty Ltd., Glg Life Tech Corp., Sweetlife Australia Pty Ltd., Naturally Sweet Products, Nirvana Health Products, and Lakanto Australia, among others.

Based on distribution channels, the food sweetener market is divided into supermarkets and hypermarkets, convenience stores, online stores, departmental stores, and others.

Based on application, the food sweetener market is divided into beverages, bakery and confectionery, soups, sauces, and dressings, dairy and desserts, meat and meat products, and others.

The market is broken down into New South Wales, Victoria, Queensland, the Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • Distribution Channel
  • Region
Breakup by Product Type
  • Starch Sweeteners and Sugar Alcohols 
    • High Fructose Corn Syrup (HFCS)
    • Sorbitol
    • Dextrose
    • Maltodextrin
    • Xylitol
    • Other Starch Sweeteners and Sugar Alcohols
  • Sucrose 
  • High Intensity Sweeteners (HIS)
    • Neotame
    • Stevia
    • Saccharin
    • Sucralose
    • Acesulfame Potassium (Ace-K)
    • Aspartame
    • Other High-intensity Sweeteners
Breakup by Application
  • Beverages
  • Soups, Sauces and Dressings
  • Dairy and Desserts
  • Bakery and Confectionery
  • Meat and Meat Products
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Departmental Stores
  • Online Stores
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill Australia Limited 
  • Ingredion ANZ Pty Ltd.
  • Glg Life Tech Corp.
  • Sweetlife Australia Pty Ltd.
  • Naturally Sweet Products
  • Nirvana Health Products
  • Lakanto Australia
  • Others

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