Market Insights Consumer Food Spreads & Sweeteners

Sweeteners - Switzerland

Switzerland

Revenue in the Sweeteners market amounts to €284.00m in 2024. The market is expected to grow annually by 5.95% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€114,800m in 2024).
In relation to total population figures, per person revenues of €31.83 are generated in 2024.
In the Sweeteners market, volume is expected to amount to 106.00m kg by 2029. The Sweeteners market is expected to show a volume growth of 5.5% in 2025.
The average volume per person in the Sweeteners market is expected to amount to 9.3kg in 2024.

Key regions: South Korea, Philippines, Canada, United States, Japan

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Sweeteners market in Switzerland is experiencing minimal growth due to the increasing health consciousness among consumers and the convenience of online services. However, factors such as the availability of natural alternatives like honey and the rising demand for artificial sweeteners are expected to impact the market's growth rate.

Customer preferences: As consumers become more health-conscious and seek out alternative sweeteners, the demand for natural and organic options in the Sweeteners Market of the Spreads & Sweeteners Market within The Food market has grown. This trend is driven by a desire for clean label products and a shift towards a more plant-based diet. Additionally, with an aging population and rising rates of chronic diseases, there is a growing demand for low or no-calorie sweeteners to accommodate dietary restrictions and manage conditions such as diabetes.

Trends in the market: In Switzerland, the Spreads & Sweeteners Market within The Food market is experiencing a shift towards healthier options, with an increasing demand for natural sweeteners such as stevia and honey. This trend is driven by consumer preferences for clean label products and a focus on reducing sugar intake. As a result, major players in the market are launching new products with natural sweeteners and reformulating existing ones. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need to adapt to changing consumer preferences. Additionally, there is a growing trend of using digital platforms for personalized nutrition and dietary advice, which could impact the way sweeteners are marketed and sold in the future.

Local special circumstances: In Switzerland, the Spreads & Sweeteners Market is heavily influenced by the country's strict regulations on food and beverage products. This has led to a rise in demand for natural and organic sweeteners, as consumers become more health-conscious. Additionally, the country's high per capita income and strong economy have allowed for a greater focus on premium and specialty sweeteners. Moreover, Switzerland's diverse cultural landscape also plays a role in shaping the market, with regional preferences for certain types of spreads and sweeteners, such as chocolate hazelnut spread in the French-speaking regions and honey in the German-speaking regions. This creates a unique and dynamic market that differs from other countries in Europe.

Underlying macroeconomic factors: The Sweeteners Market of the Spreads & Sweeteners Market within The Food market in Switzerland is impacted by macroeconomic factors such as economic stability, consumer purchasing power, and government regulations. Switzerland's strong economy and high disposable income have contributed to the growth of the sweeteners market. Additionally, the country's favorable business environment and government support for food and beverage industries have attracted investments, further boosting market growth. However, increasing health concerns and government initiatives to promote healthy eating habits have also led to the rise of natural and alternative sweeteners, posing a challenge for traditional sweetener manufacturers.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.