India Sweeteners Market Size & Outlook, 2023-2030

The sweeteners market in India is expected to reach a projected revenue of US$ 4,071.7 million by 2030. A compound annual growth rate of 3.9% is expected of India sweeteners market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,118.9
Forecast, 2030 (US$M)
$4,071.7
CAGR, 2024 - 2030
3.9%
Report Coverage
India

India sweeteners market highlights

  • The India sweeteners market generated a revenue of USD 3,118.9 million in 2023 and is expected to reach USD 4,071.7 million by 2030.
  • The India market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
  • In terms of segment, sucrose was the largest revenue generating type in 2023.
  • Tagatose is the most lucrative type segment registering the fastest growth during the forecast period.


Sweeteners market data book summary

Market revenue in 2023USD 3,118.9 million
Market revenue in 2030USD 4,071.7 million
Growth rate3.9% (CAGR from 2023 to 2030)
Largest segmentSucrose
Fastest growing segmentTagatose
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSucrose, High-Fructose Corn Syrup, Polyol Sweeteners/Sugar Alcohols, High Intensity Sweeteners, Allulose, Tagatose
Key market players worldwideArcher-Daniels Midland Co, Ingredion Inc, Cargill, Tate & Lyle PLC, Foodchem International Corporation, Kerry Group PLC Class A, Ajinomoto Co Inc, International Flavors & Fragrances Inc


Other key industry trends

  • In terms of revenue, India accounted for 3.8% of the global sweeteners market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China sweeteners market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,071.7 million by 2030.

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Sweeteners Market Companies

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India sweeteners market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sweeteners market will help companies and investors design strategic landscapes.


Sucrose was the largest segment with a revenue share of 72.93% in 2023. Horizon Databook has segmented the India sweeteners market based on sucrose, high-fructose corn syrup, polyol sweeteners/sugar alcohols, high intensity sweeteners, allulose, tagatose covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of India sweeteners market databook

  • Our clientele includes a mix of sweeteners market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India sweeteners market , including forecasts for subscribers. This country databook contains high-level insights into India sweeteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India sweeteners market size, by type, 2018-2030 (US$M)

India Sweeteners Market Outlook Share, 2023 & 2030 (US$M)

India sweeteners market size, by type, 2018-2030 (US$M)

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