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Food Sweetener Market in Mexico to grow by USD 84.21 Mn | Huge opportunities in Food segment | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Feb 24, 2022, 11:15 ET

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NEW YORK, Feb. 24, 2022 /PRNewswire/ -- The food sweetener market size in Mexico is expected to increase by USD 84.21 million between 2021 and 2026, progressing at a CAGR of 4.65% during the forecast period. Sweeteners such as aspartame, neotame, and sucralose are in great demand in the food industry. They are commonly used as substitutes for sugar in food products such as baked goods, chewing gums, gelatin, frozen dairy desserts, puddings, yogurt-type products, and as a tabletop sweetener. Moreover, these sweeteners are heat-stable and can retain sweetness levels even when exposed to high temperatures during baking. Many such factors are increasing growth opportunities for market players in the food segment.

Attractive Opportunities in 
Food Sweetener Market in Mexico by Application and Type - Forecast and Analysis 2022-2026
Attractive Opportunities in Food Sweetener Market in Mexico by Application and Type - Forecast and Analysis 2022-2026

Our full report offers detailed insights into the current and future growth opportunities, the exact market size, the growth variance, and YOY growth rates.

Download a Free Sample Now to understand the scope of the report.

Food Sweetener Market in Mexico 2022-2026: Vendor Analysis

The food sweetener market in Mexico is moderately fragmented. The market is characterized by the presence of both major and private vendors. These vendors are competing with each other on parameters such as price and quality of products, as well as distribution networks and promotional strategies. Archer Daniels Midland Co., Cargill Inc., Celanese Corp., DuPont de Nemours Inc., Evolva Holding AG, Ingredion Inc., Kerry Group Plc, Roquette Freres SA, Sudzucker AG, and Tate and Lyle Plc are some of the dominant players in the market.

Although the growing demand for organic food sweeteners, the growing influence of online retailing, and product premiumization will offer immense growth opportunities, taste issues with artificial sweeteners, lower acceptance due to ambiguity regarding the safety profile of artificial sweeteners, and stringent food safety regulations will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Our report on the food sweetener market in Mexico covers the following areas:

  • Food Sweetener Market size
  • Food Sweetener Market trends
  • Food Sweetener Market industry analysis

Food Sweetener Market in Mexico 2022-2026: Segmentation

Food Sweetener Market in Mexico is segmented as below:

  • Application
    • Food
    • Beverage
    • Others
  • Type
    • High-intensity Sweeteners
    • Low-intensity Sweeteners

By application, the food segment will dominate market growth over the forecast period. The increased use of sweeteners can be attributed to the lower production costs and greater economies of scale enjoyed by manufacturers. Besides, many vendors are focusing on new product developments such as stevia-infused foods. All these factors will fuel the growth of the segment.

Similarly, by type, the market will witness significant demand for high-intensity sweeteners during the forecast period. The growth of the segment can be attributed to the increasing demand for stevia, especially among consumers who are extremely health conscious and aware of the benefits of natural sweeteners. Also, the increasing demand for zero-calorie sweeteners is contributing to the growth of the segment.

Download our Free Sample Report for additional highlights on major revenue-generating segments in the market.

Food Sweetener Market in Mexico 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist food sweetener market growth in Mexico during the next five years
  • Estimation of the food sweetener market size in Mexico and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the food sweetener market in Mexico
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of food sweetener market vendors in Mexico

Related Reports:

Stevia Market in North America by Product and Geography - Forecast and Analysis 2022-2026

Sugar Substitutes Market by Product and Geography Forecast and Analysis 2022-2026

Food Sweetener Market in Mexico Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.65%

Market growth 2022-2026

USD 84.21 million

Market structure

Fragmented

YoY growth (%)

3.58

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

Mexico at 100%

Key consumer countries

Mexico

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Archer Daniels Midland Co., Cargill Inc., Celanese Corp., DuPont de Nemours Inc., Evolva Holding AG, Ingredion Inc., Kerry Group Plc, Roquette Freres SA, Sudzucker AG, and Tate and Lyle Plc

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1. Executive Summary                           

                1.1 Market Overview

                                Exhibit 01:  Key Finding 1

                                Exhibit 02:  Key Finding 2

                                Exhibit 03:  Key Finding 5

                                Exhibit 04:  Key Finding 6

                                Exhibit 05:  Key Finding 7

2. Market Landscape                             

                2.1 Market ecosystem             

                                2.1.1 Parent Market

                                Exhibit 06:  Parent market

                                Exhibit 07:  Market characteristics

                2.2 Value chain analysis          

                                Exhibit 08: Value chain analysis: Packaged Foods and Meats Market

                                2.2.1 Inputs

                                2.2.2 Inbound logistics

                                2.2.3 Primary processing

                                2.2.4 Secondary and tertiary processing

                                2.2.5 Outbound logistics

                                2.2.6 End-customers

                                2.2.7 Marketing and sales

                                2.2.8 Services

                                2.2.9 Innovations

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 09:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 10:  Market segments

                3.3 Market size 2021 

                3.4 Market outlook: Forecast for 2021 - 2026 

                                Exhibit 11:  Mexico - Market size and forecast 2021 - 2026 ($ million)

                                Exhibit 12:  Mexico market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 13:  Five forces analysis 2021 & 2026

                4.2 Bargaining power of buyers           

                                Exhibit 14:  Bargaining power of buyers

                4.3 Bargaining power of suppliers       

                                Exhibit 15: Bargaining power of suppliers

                4.4 Threat of new entrants    

                                Exhibit 16: Threat of new entrants

                4.5 Threat of substitutes         

                                Exhibit 17: Threat of substitutes

                4.6 Threat of rivalry   

                                Exhibit 18: Threat of rivalry

                4.7 Market condition

                                Exhibit 19:  Market condition - Five forces 2021

5 Market Segmentation by Application                         

                5.1 Market segments

                                Exhibit 20:  Application - Market share 2021-2026 (%)

                5.2 Comparison by Application             

                                Exhibit 21:  Comparison by Application

                5.3 Food - Market size and forecast 2021-2026               

                                Exhibit 22:  Food - Market size and forecast 2021-2026 ($ million)

                                Exhibit 23:  Food - Year-over-year growth 2021-2026 (%)

                5.4 Beverage - Market size and forecast 2021-2026      

                                Exhibit 24:  Beverage - Market size and forecast 2021-2026 ($ million)

                                Exhibit 25:  Beverage - Year-over-year growth 2021-2026 (%)

                5.5 Others - Market size and forecast 2021-2026           

                                Exhibit 26:  Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 27:  Others - Year-over-year growth 2021-2026 (%)

                5.6 Market opportunity by Application              

                                Exhibit 28:  Market opportunity by Application

6 Market Segmentation by Type                      

                6.1 Market segments

                                Exhibit 29:  Type - Market share 2021-2026 (%)

                6.2 Comparison by Type          

                                Exhibit 30:  Comparison by Type

                6.3 High-intensity sweeteners - Market size and forecast 2021-2026     

                                Exhibit 31:  High-intensity sweeteners - Market size and forecast 2021-2026 ($ million)

                                Exhibit 32:  High-intensity sweeteners - Year-over-year growth 2021-2026 (%)

                6.4 Low-intensity sweeteners - Market size and forecast 2021-2026      

                                Exhibit 33:  Low-intensity sweeteners - Market size and forecast 2021-2026 ($ million)

                                Exhibit 34:  Low-intensity sweeteners - Year-over-year growth 2021-2026 (%)

                6.5 Market opportunity by Type          

                                Exhibit 35:  Market opportunity by Type

7. Customer landscape                         

                7.1 Overview

                                Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                Exhibit 36: Customer landscape

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers     

                                8.1.1 Growing demand for organic food sweeteners  

                                8.1.2 Growing influence of online retailing

                                8.1.3 Product premiumization

                8.2 Market challenges              

                                8.2.1 Taste issues with artificial sweeteners

                                8.2.2 Lower acceptance due to ambiguity regarding the safety profile of artificial sweeteners 

                                8.2.3 Stringent food safety regulations

                                Exhibit 37:  Impact of drivers and challenges

                8.3 Market trends      

                                8.3.1 Rising popularity of clean-label ingredients 

                                8.3.2 Increasing prominence of private-label brands

                                8.3.3 Increasing popularity in the pharmaceutical industry

9. Vendor Landscape                             

                9.1 Overview

                                Exhibit 38:  Vendor landscape

                9.2 Vendor Disruption              

                                Exhibit 39: Landscape disruption

                                Exhibit 40: Industry risks

                9.3 Competitive Scenario        

10. Vendor Analysis               

                10.1 Vendors covered              

                                Exhibit 41: Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 42: Market positioning of vendors

                10.3 Archer Daniels Midland Co.          

                                Exhibit 43:  Archer Daniels Midland Co. - Overview

                                Exhibit 44:  Archer Daniels Midland Co. - Business segments

                                Exhibit 45:  Archer Daniels Midland Co. - Key offerings

                                Exhibit 46:  Archer Daniels Midland Co. – Key news

                                Exhibit 47:  Archer Daniels Midland Co. - Segment focus

                10.4 Cargill Inc.           

                                Exhibit 48:  Cargill Inc. - Overview

                                Exhibit 49:  Cargill Inc. - Product and service

                                Exhibit 50:  Cargill Inc. - Key offerings

                                Exhibit 51:  Cargill Inc. – Key news

                10.5 Celanese Corp.  

                                Exhibit 52:  Celanese Corp. - Overview

                                Exhibit 53:  Celanese Corp. - Business segments

                                Exhibit 54:  Celanese Corp. - Key offerings

                                Exhibit 55:  Celanese Corp. – Key news

                                Exhibit 56:  Celanese Corp. - Segment focus

                10.6 DuPont de Nemours Inc.

                                Exhibit 57:  DuPont de Nemours Inc. - Overview

                                Exhibit 58:  DuPont de Nemours Inc. - Business segments

                                Exhibit 59:  DuPont de Nemours Inc. - Key offerings

                                Exhibit 60:  DuPont de Nemours Inc. – Key news

                                Exhibit 61:  DuPont de Nemours Inc. - Segment focus

                10.7 Evolva Holding AG            

                                Exhibit 62:  Evolva Holding AG - Overview

                                Exhibit 63:  Evolva Holding AG - Product and service

                                Exhibit 64:  Evolva Holding AG - Key offerings

                10.8 Ingredion Inc.     

                                Exhibit 65:  Ingredion Inc. - Overview

                                Exhibit 66:  Ingredion Inc. - Business segments

                                Exhibit 67:  Ingredion Inc. - Key offerings

                                Exhibit 68:  Ingredion Inc. – Key news

                                Exhibit 69:  Ingredion Inc. - Segment focus

                10.9 Kerry Group Plc 

                                Exhibit 70:  Kerry Group Plc - Overview

                                Exhibit 71:  Kerry Group Plc - Business segments

                                Exhibit 72:  Kerry Group Plc - Key offerings

                                Exhibit 73:  Kerry Group Plc – Key news

                                Exhibit 74:  Kerry Group Plc - Segment focus

                10.10 Roquette Freres SA       

                                Exhibit 75:  Roquette Freres SA - Overview

                                Exhibit 76:  Roquette Freres SA - Product and service

                                Exhibit 77:  Roquette Freres SA - Key offerings

                                Exhibit 78:  Roquette Freres SA – Key news

                10.11 Sudzucker AG  

                                Exhibit 79:  Sudzucker AG - Overview

                                Exhibit 80:  Sudzucker AG - Business segments

                                Exhibit 81:  Sudzucker AG - Key offerings

                                Exhibit 82:  Sudzucker AG - Segment focus

                10.12 Tate and Lyle Plc             

                                Exhibit 83:  Tate and Lyle Plc - Overview

                                Exhibit 84:  Tate and Lyle Plc - Business segments

                                Exhibit 85:  Tate and Lyle Plc - Key offerings

                                Exhibit 86:  Tate and Lyle Plc – Key news

                                Exhibit 87:  Tate and Lyle Plc - Segment focus

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1 Market definition

                                11.1.2 Objectives

                                11.1.3 Notes and caveats

                11.2 Currency conversion rates for US$            

                                Exhibit 88: Currency conversion rates for US$

                11.3 Research Methodology 

                                Exhibit 89: Research Methodology

                                Exhibit 90: Validation techniques employed for market sizing

                                Exhibit 91: Information sources

                11.4 List of abbreviations        

                                Exhibit 92: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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