Key Market Indicators
Swiss Sweeteners Sales are projected to decline slightly, reaching approximately 406,000 metric tons by 2028. This figure represents a modest drop from 409,000 metric tons in 2023, averaging a 0.1% decrease annually. The market has experienced a downward trend since 2019, with a yearly reduction of 0.2%. In terms of production, Swiss Sweeteners are expected to see a more significant decline. Output is forecasted to fall to around 155,000 metric tons by 2028, down from 207,000 metric tons in 2023. This represents an annual compound growth rate (CAGR) of -4.6%. The production has been contracting since 2019, with an average annual decrease of 3.1%. In 2023, Switzerland ranked 70th globally in sweetener production. Malawi surpassed Switzerland with a production of 207,000 metric tons. The top producers in the world for this period were Brazil, the United States, and Thailand, holding the second, third, and fourth positions, respectively.
