The forecasted production of sweeteners in the US from 2024 to 2028 shows a gradual increase from 22.63 million metric tons to 23.05 million metric tons. In 2023, the production stood at 22.52 million metric tons. Year-on-year growth is observed, with a marginal increase of approximately 0.5% to 0.6% each year. The two-year variation is stable at around 1%. The Compound Annual Growth Rate (CAGR) over these five years is approximately 0.5% per year.
Future trends to watch for include advancements in alternative sweeteners, shifting consumer preferences towards natural and low-calorie options, and potential regulatory changes impacting production and labeling. Additionally, global market dynamics and trade policies could play a significant role in shaping sweetener production volumes.
