North America Sweeteners Market Size & Outlook, 2023-2030

The sweeteners market in North America is expected to reach a projected revenue of US$ 24,137.0 million by 2030. A compound annual growth rate of 2.6% is expected of North America sweeteners market from 2024 to 2030.
Revenue, 2023 (US$M)
$20,134.5
Forecast, 2030 (US$M)
$24,137.0
CAGR, 2024 - 2030
2.6%
Report Coverage
North America

North America sweeteners market highlights

  • The North America sweeteners market generated a revenue of USD 20,134.5 million in 2023.
  • The market is expected to grow at a CAGR of 2.6% 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.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 20,134.5 million
Market revenue in 2030USD 24,137.0 million
Growth rate2.6% (CAGR from 2023 to 2030)
Largest segmentSucrose
Fastest growing segmentTagatose
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, North America region accounted for 24.7% of the global sweeteners market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 34,184.3 million by 2030.

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Sweeteners Market Companies

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North America 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 69.2% in 2023. Horizon Databook has segmented the North America 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 North America 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 continent-level data and insights on the North America sweeteners market , including forecasts for subscribers. This continent databook contains high-level insights into North America sweeteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America sweeteners market size, by country, 2018-2030 (US$M)

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

North America sweeteners market size, by country, 2018-2030 (US$M)

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