Key Market Indicators
By 2028, sales of sweeteners in Argentina are projected to reach approximately 2.15 million metric tons, up from around 2.11 million metric tons in 2023. This marks an average annual growth rate of 0.3%. Since 2019, the Argentinian sweeteners market has consistently grown at the same rate. On the production front, Argentina's output of sweeteners is expected to decline. Production is forecasted to drop to roughly 2.03 million metric tons by 2028 from nearly 2.17 million metric tons in 2023, translating to an annual decrease of 1%. Since 2019, the country's supply has decreased by about 1.1% each year. In 2023, Argentina ranked 22nd in global sweeteners production, having been overtaken by Japan, which produced nearly 2.17 million metric tons. Leading the rankings were Brazil, the United States, and Thailand, occupying the second, third, and fourth spots respectively.
