Epoxy curing agent News my country’s sweetener production is gradually increasing, and the market share of natural sweeteners is expected to increase

my country’s sweetener production is gradually increasing, and the market share of natural sweeteners is expected to increase

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my country's sweetener production is gradually increasing and the market share of natural sweeteners is expected to increase

Sweetener refers to a food additive that can give sweetness to food. It has the characteristics of strong stability, good water solubility, and high safety. After years of development, the types of sweeteners have become increasingly rich, with multiple classification methods based on different classification standards. According to different sweetness, sweeteners can be divided into high-sweetness sweeteners, low-sweetness sweeteners, etc.; according to different nutritional content, sweeteners can be divided into non-nutritive sweeteners and nutritional sweeteners. etc.; according to different sources, sweeteners can be divided into synthetic sweeteners, natural sweeteners, sugar alcohol sweeteners, etc. Among them, natural sweeteners are mainly extracted directly from natural plants and are relatively safe; synthetic sweeteners are made through chemical synthesis, with higher sweetness and lower cost; sugar alcohol sweeteners It is mainly produced through microbial fermentation and has a relatively low sweetness.

From the downstream of the industrial chain, sweeteners have a wide range of applications and are widely used in medicine, condiments, health foods, baked goods, personal care, beverages and other fields. At present, beverages have become the largest application field of sweeteners, accounting for approximately 50.8% of the overall market; followed by condiments, accounting for 16.3%; ranking third are personal care products, accounting for 16.3% of the market. 12.7%.

According to the “China Sweetener Market Feasibility Research Report 2023-2027” released by the Industrial Research Center, in recent years, my country’s economic level is gradually improving, residents’ health awareness is gradually increasing, eating habits are gradually changing, and the demand for sugar-free and low-sugar foods continues to increase. Due to the harmful effects of excessive intake of sugar on the human body, the incidence of obesity, diabetes, cardiovascular and cerebrovascular diseases among Chinese residents has gradually increased. Sweeteners have replaced sucrose as the mainstream product in the industry, and market demand has gradually increased. Against this background, my country’s sweetener production has gradually increased. In 2022, my country’s sweetener output will be 269,000 tons, a year-on-year increase of 9.2%.

From the perspective of market segments, synthetic sweeteners account for the largest share of the market, reaching 51.3%; followed by natural sweeteners, accounting for 30.2% of the market; and sugar alcohol sweeteners rank third. , with a market share of 18.5%. At present, in order to save costs, beverage and food companies often use synthetic sweeteners for processing and production. However, as consumers’ demand for natural and additive-free foods gradually increases, the market share of natural sweeteners is expected to increase in the future.

Industry analysts said that my country’s sweetener market is highly concentrated and the effects of leading companies are obvious. The major sweetener companies in my country include Herbalife Biochemical Technology, Ganzhiyuan Sugar Industry, Chenguang Biotechnology, Sanhe Weixin Biotechnology, Jinhe Industrial, Qingyi Food, Yabang Chemical, Jiekang Sugar, etc. Among them, Jinhe Industrial has a relatively high market share and has become the leading company in the industry. As the production capacity of my country’s sweetener industry gradually integrates and backward production capacity is gradually eliminated, its market concentration is expected to be further improved in the future.

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