Market Share of United States Food Sweetener Industry
The US food sweetener market is fragmented in nature, with several regional and international players operating in the market. The major players typically use strategies such as new product innovations and acquisitions to strengthen their position in the market. The major US food sweetener market players include Cargill Incorporated, Archer Daniels Midland Company, Tate & Lyle PLC, Ingredion Incorporated, and S眉dzucker AG. The companies in the market have also been strengthening their distribution network to gain a competitive advantage over the other sweetener providers in the market studied. The leading companies are focused on launching innovative, low-calorie, and natural ingredient-based products. Huge investments have been made in R&D to develop products for specific needs. Hence, for the forecast period, product innovation, expansion, and partnership are likely to have a strong demand. However, with diversification to facilitate the growing consumer demand, mergers and acquisitions are expected to show an uptick in the near future.
US Food Sweeteners Market Leaders
-
Cargill, Incorporated
-
Archer Daniels Midland Company
-
Ingredion Incorporated
-
S眉dzucker AG
-
Tate & Lyle PLC
*Disclaimer: Major Players sorted in no particular order
