Edit
Based on the input from Sri's comment I would suggest using:
library(gsubfn)
# words to be replaced
a <-c("Whats your","Whats your name", "name", "fro")
# their replacements
b <- c("What is yours","what is your name","names","froth")
# named list as an input for gsubfn
replacements <- setNames(as.list(b), a)
# the test string
input_string = "fro Whats your name and Where're name you from to and fro I Whats your"
# match entire words
gsubfn(paste(paste0("\\w*", names(replacements), "\\w*"), collapse = "|"), replacements, input_string)
Original
I would not say this is easier to read than your simple loop, but it might take better care of the overlapping replacements:
# define the sample dataset
input_string = "Whats your name and Where're you from"
matching <- data.frame(from_word=c("Whats your name", "name", "fro", "Where're", "Whats"),
to_word=c("what is your name","names","froth", "where are", "Whatsup"))
# load used library
library(gsubfn)
# make sure data is of class character
matching$from_word <- as.character(matching$from_word)
matching$to_word <- as.character(matching$to_word)
# extract the words in the sentence
test <- unlist(str_split(input_string, " "))
# find where individual words from sentence match with the list of replaceble words
test2 <- sapply(paste0("\\b", test, "\\b"), grepl, matching$from_word)
# change rownames to see what is the format of output from the above sapply
rownames(test2) <- matching$from_word
# reorder the data so that largest replacement blocks are at the top
test3 <- test2[order(rowSums(test2), decreasing = TRUE),]
# where the word is already being replaced by larger chunk, do not replace again
test3[apply(test3, 2, cumsum) > 1] <- FALSE
# define the actual pairs of replacement
replacements <- setNames(as.list(as.character(matching[,2])[order(rowSums(test2), decreasing = TRUE)][rowSums(test3) >= 1]),
as.character(matching[,1])[order(rowSums(test2), decreasing = TRUE)][rowSums(test3) >= 1])
# perform the replacement
gsubfn(paste(as.character(matching[,1])[order(rowSums(test2), decreasing = TRUE)][rowSums(test3) >= 1], collapse = "|"),
replacements,input_string)