Spain Food Sweetener Market Size
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
CAGR | 1.01 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Spain Food Sweetener Market Analysis
Spain Food Sweetener Market is projected to grow at a CAGR of 1.01% during the forecast period (2020-2025).
- In Spain processed and ultra-processed products are among the sources of added sugars in the diet. According to the study conducted by Spanish Nutrition Foundation for 1164 consumer products, 42% of them contained sugar. Beverages are the major application sweeteners
- The FAO and WHO recommend an intake of sugars (simple carbohydrates) of less than 10% of the total caloric value of the diet. In Spain, adhering to a Mediterranean or similar diet would make it possible to maintain an appropriate energy intake without sacrificing its sweetening and pleasurable function.
- High-fructose corn syrups are rarely used in Spain, where the maximum fructose content of manufactured products is approximately 50%.
Spain Food Sweetener Market Trends
This section covers the major market trends shaping the Spain Food Sweetener Market according to our research experts:
Sucralose Holds A Major Share
Sucralose is one of the major type of sweetener used for various applications in Spain. In the food and beverage industry, sucralose has its maximum usage; it is used as artificial sweetener products in confectionery, baked foods, and fizzy drinks.The sucralose market is expected to grow in the future, due to increasing number of health conscious people who prefer calorie-free sweetener. High blood sugar and diabetes patients prefer a calorie-free sweetener for use that fuels up the demand in the growth of sucralose consumption market in the country. The restraint of the market is the excess consumption of sucralose may negatively effect diabetic consumers, since it increases the blood glucose and insulin level while decreasing the insulin sensitivity
Bakery Segment Has The Major Application
Sugar is one of the essential ingredients in baked goods that assist in Maillard reaction, thus giving the desirable golden brown appearance. Moreover, it also acts as hygroscopic, meaning it attracts and holds water molecules agent, thus providing desirable texture as well as mouthfeel. Cakes and biscuits for low energy supply, also aimed at diabetic subjects, can be sweetened with low levels of aspartame in combination with fructose, sorbitol, and xylitol. Sweeteners help in many processes for bakery items to not become rigid in the dough process, as it maintains the final baked product tender crumb texture and good volume.
Spain Food Sweetener Industry Overview
The Spain Food Sweetener Market is a fragmented market with the presence of various players. Major players are bringing innovatoions in their products and are expanding their product portfolio to maintain the position in the market. Players are also focusing on natural and clean label products since consumers are becoming more health conscious.
Spain Food Sweetener Market Leaders
Tate & Lyle
Cargill
DuPont
ADM
*Disclaimer: Major Players sorted in no particular order
Spain Food Sweetener Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Sucrose (Common Sugar)
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5.1.2 Starch Sweeteners and Sugar Alcohols
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5.1.2.1 Dextrose
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5.1.2.2 High Fructose Corn Syrup (HFCS)
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5.1.2.3 Maltodextrin
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5.1.2.4 Sorbitol
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5.1.2.5 Xylitol
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5.1.2.6 Others
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5.1.3 High Intensity Sweeteners (HIS)
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5.1.3.1 Sucralose
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5.1.3.2 Aspartame
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5.1.3.3 Saccharin
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5.1.3.4 Cyclamate
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5.1.3.5 Ace-K
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5.1.3.6 Neotame
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5.1.3.7 Stevia
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5.1.3.8 Others
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5.2 By Application
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5.2.1 Dairy
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5.2.2 Bakery
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5.2.3 Soups, Sauces and Dressings
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5.2.4 Confectionery
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5.2.5 Beverages
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Tate & Lyle PLC
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6.4.2 Cargill Incorporated
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6.4.3 Archer Daniels Midland Company
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6.4.4 DuPont
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6.4.5 PureCircle Limited
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6.4.6 NutraSweet Company
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6.4.7 Tereos S.A.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Spain Food Sweetener Industry Segmentation
Spain Food Sweetener Market is segmented by Type into Sucrose, Starch Sweeteners and Sugar Alcohols and High Intensity Sweeteners. By Application, the market is segmented into Dairy, Bakery, Beverages, Confectionery, Soups, Sauces and Dressings.
By Product Type | ||||||||||
Sucrose (Common Sugar) | ||||||||||
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By Application | |
Dairy | |
Bakery | |
Soups, Sauces and Dressings | |
Confectionery | |
Beverages | |
Others |
Spain Food Sweetener Market Research FAQs
What is the current Spain Food Sweetener Market size?
The Spain Food Sweetener Market is projected to register a CAGR of 1.01% during the forecast period (2023-2028).
Who are the key players in Spain Food Sweetener Market?
Tate & Lyle, Cargill, DuPont and ADM are the major companies operating in the Spain Food Sweetener Market.
Spain Food Sweetener Industry Report
Statistics for the 2023 Spain Food Sweetener market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spain Food Sweetener analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.