South Korea Sugar Substitutes Market

South Korea Sugar Substitutes Market Insights Forecasts to 2035

• The South Korea Sugar Substitutes Market Size Was Estimated at USD 348.1 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 7.30% from 2025 to 2035
• The South Korea Sugar Substitutes Market Size is Expected to Reach USD 586.5 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Sugar Substitutes Market is anticipated to reach USD 586.5 million by 2035, growing at a CAGR of 7.30% from 2025 to 2035. The South Korean sugar substitutes market is driven by various factors, including rising health awareness, government initiatives for healthier diets, and the expansion of the food and beverage industry.

Market Overview

The South Korea sugar substitutes market refers to the industry that produces and supplies sweetening agents used as alternatives to regular sugar. Sugar substitutes are sweeteners that give sweetness while containing fewer or no calories than conventional sugar. They can be either natural or artificial. These alternatives are commonly used in food and beverage products, pharmaceuticals, and personal care products to lower sugar content while retaining flavor and texture. South Korean consumers are adopting low-calorie, natural sweeteners and cutting back on sugar due to rising rates of obesity, diabetes, and lifestyle-related health problems. This shift toward healthier dietary habits significantly drives the growth of the country's sugar substitutes market. The rising shift toward natural sweeteners is one of the key trends in this market. These trends present opportunities for companies to expand sugar substitute offerings using stevia, monk fruit, and erythritol.  

Report Coverage

This research report categorizes the market for the South Korea sugar substitutes market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea sugar substitutes market. Recent market developments and competitive strategies such as expansion, Type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea sugar substitutes market.

Driving Factors

Growing concerns about obesity, diabetes, and other lifestyle-related disorders are driving South Korean consumers toward low-calorie, sugar-free, and healthier sweetening alternatives is one of the major contributors to this market. Government actions, such as health campaigns and labelling legislation that promote lower sugar consumption, help to accelerate this change. The growing desire for functional and low-calorie meals, such as dinks, snacks, and dairy products, is driving up the usage of sugar alternatives. Furthermore, advances in sweetener technology have enhanced taste, stability, and functionality, driving innovation and broader applications across the food, beverage, and pharmaceutical industries.

Restraining Factors

Advanced extraction processes for natural sweeteners like stevia and monk fruit increase overall production expenses, which hinder the market growth. Additionally, competition from the other sweetening options further hinders the market growth.

Market Segmentation

The South Korea sugar substitutes market share is classified into type and application.

• The High-intensity sweeteners segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.    

The South Korea sugar substitutes market is segmented by type into high-intensity sweeteners, high fructose syrup, low-intensity sweeteners, and high-fructose syrup. Among these, the high-intensity sweeteners segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the growing health and wellness trend. Additionally, High-intensity sweeteners are substantially sweeter than table sugar (sucrose), requiring less of the sweetener to obtain the same sweetness.

• The beverage segment held the highest share in 2024 and is expected to grow at a substantial CAGR during the forecast period.     

The South Korea sugar substitutes market is segmented by application into food, beverages, and health & personal care. Among these, the beverage segment held the highest share in 2024 and is expected to grow at a substantial CAGR during the forecast period. This is due to the growing demand for low as well as no calorie formulations among consumers.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea sugar substitutes market, along with a comparative evaluation primarily based on their Type offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes Type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• CJ CheilJedang Corporation
• Samyang Corporation
• Lotte Chilsung Beverage Co., Ltd.
• Cargill, Incorporated
• Tate & Lyle PLC
• Ingredion Incorporated  

• Other

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Sugar Substitutes market based on the below-mentioned segments:

South Korea Sugar Substitutes Market, By Type

• High-intensity Sweeteners
• High Fructose Syrup
• Low-intensity Sweeteners
• High-fructose Syrup

South Korea Sugar Substitutes Market, By Application

• Food
• Beverages
• Health & Personal Care
• Others

Frequently Asked Questions (FAQs)

1. What is the CAGR of the South Korea sugar substitutes market over the forecast period?

The South Korea sugar substitutes market is projected to expand at a CAGR of 7.30% during the forecast period.

2. What is the market size of the South Korea sugar substitutes market?

The South Korea sugar substitutes market size is expected to grow from USD 348.1 million in 2024 to USD 586.5 million by 2035, at a CAGR of 7.30% during the forecast period 2025-2035.

3. Who are the top companies operating in the South Korea sugar substitutes market?

Key players in the South Korea sugar substitutes market include CJ CheilJedang Corporation, Samyang Corporation, Lotte Chilsung Beverage Co., Ltd., Cargill, Incorporated, Tate & Lyle PLC, and Ingredion Incorporated

4. What are the main drivers of growth in the South Korea sugar substitutes market?

Rising health awareness, growing diabetic population, government sugar-reduction initiatives, and increasing demand for natural, low-calorie sweeteners drive South Korea’s sugar substitutes market.

5. What challenges are limiting the South Korea sugar substitutes market?

High production costs, taste and aftertaste issues, limited consumer awareness, and strong competition from traditional sweeteners restrain the growth of South Korea’s sugar substitutes market.