The sweeteners production in China has been in decline since 2014, with a notable drop of 18.88% in 2015 and a further decrease in 2016 by 15.3%. Despite a brief recovery period in 2017 and 2018 with increases of 4.23% and 10.19% respectively, the trend resumed downwards. In 2023, production stood at 11.37 million metric tons, marking a 2.26% decrease year-on-year. Observing a longer-term trend, the compound annual growth rate (CAGR) over the last five years is -3%. Looking forward, the forecasted five-year CAGR is -2.04%, predicting a decrease to 9.99 million metric tons by 2028.
Future trends to watch for include potential shifts in consumer preferences toward natural and plant-based sweeteners, regulatory changes impacting production, and technological advancements that could enhance efficiency and sustainability in sweetener production.
