Market Overview:
The global aspartame powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for low-calorie food and beverages, increasing awareness about the health benefits of aspartame, and growing demand for aspartame in emerging markets. On the basis of type, the global aspartame powder market is segmented into food grade and pharmaceutical grade. The food grade segment is expected to account for a larger share of the market than the pharmaceutical grade segment during the forecast period. This can be attributed to higher demand for food grade aspartame powder from end-use industries such as food & beverage and confectionery.
Product Definition:
Aspartame Powder is a food additive that is used as a sweetener. It is made up of two amino acids, aspartic acid and phenylalanine. Aspartame Powder is about 200 times sweeter than sugar, so it can be used in small amounts to provide sweetness.
Food Grade Aspartame Powder:
Food grade aspartame powder is a white crystalline sweetener, which is used in food & beverage products. It has the ability to enhance flavor and taste of various food products. Food grade aspartame powder contains an equal amount of carbohydrates and calories from sugar with less than 2% water content. It also provides similar sweetness level as compared to table sugar without any negative health issues associated with it.
Pharmaceutical Grade Aspartame Powder:
Pharmaceutical grade aspartame powder is a white crystalline powder, which contains an equal amount of aspartic acid and phenylalanine. It has the same chemical properties like other commercially available aspartame products. Pharmaceutical grade product is intended for human consumption and not for animal feed or industrial use.
Aspartic acid & Phenylalanine are non-toxic amino acids that do not have any side effects when consumed in appropriate quantities by humans.
Application Insights:
The food and beverage segment accounted for the largest market share in 2017. This is attributed to growing demand for aspartame-based products such as beverages, syrups, concentrates, and powders in various industries including food & beverage, pharmaceuticals, nutraceuticals and cosmetics. The increasing consumption of carbonated soft drinks (CSD) worldwide is also a key factor driving this application segment.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand for aspartame-based products. The region is expected to maintain its dominance over the forecast period due to increasing consumption of diet soft drinks and other food products. Europe accounted for a significant share of global revenue in 2017, mainly due to rising demand from countries such as Germany, France, Italy and U.K., where NutraSweet has been approved for use as a sweetener under European Union regulations (EUD). Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing with growing health awareness among consumers and increasing disposable income levels in emerging economies including China & India.
The industry outlook remains positive despite challenges faced by some key players such as PepsiCo Inc.
Growth Factors:
- Increasing demand for low-calorie and sugar-free food products: The global population is increasingly becoming health conscious and is looking for healthier food alternatives. This is driving the demand for low-calorie and sugar-free food products, of which aspartame powder is a key ingredient.
- Rising awareness about the health benefits of aspartame: Aspartame has been found to have several health benefits such as weight loss, improved blood sugar control, reduced risk of heart disease etc. This is resulting in an increase in its demand from consumers worldwide.
- Growing use of aspartame in functional foods and beverages: Aspartame powder is being increasingly used in functional foods and beverages due to its ability to provide added sweetness with no or minimal calories. This trend is expected to continue in the coming years, boosting the growth prospects of the market globally.
- . Technological advancements leading to better quality aspartame powders: With technological advancements, manufacturers are now able to produce high quality aspartame powders that are more soluble and have a longer shelf life than earlier versions available in the market .This is likely to boost consumer confidence levels about using these products thereby fuelling their demand further over time . 5) Emerging markets offer significant growth potential: The global Aspartame Powder market offers significant growth potential especially from emerging markets such as Asia Pacific , Latin America & Middle East Africa regions where there exists a large population base with growing
Scope Of The Report
Report Attributes
Report Details
Report Title
Aspartame Powder Market Research Report
By Type
Food Grade Aspartame Powder, Pharmaceutical Grade Aspartame Powder
By Application
Food & Beverage, Pharmaceutical, Other
By Companies
Ajinomoto Group, Saminchem, Amnem, Apura Ingredients, SinoSweet, HYET Sweet, Suanfarma, Changzhou Guanghui Food Ingredients, Henan Kingway Chemicals, Hebei Lead Bio-Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Aspartame Powder Market Report Segments:
The global Aspartame Powder market is segmented on the basis of:
Types
Food Grade Aspartame Powder, Pharmaceutical Grade Aspartame Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Pharmaceutical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ajinomoto Group
- Saminchem
- Amnem
- Apura Ingredients
- SinoSweet
- HYET Sweet
- Suanfarma
- Changzhou Guanghui Food Ingredients
- Henan Kingway Chemicals
- Hebei Lead Bio-Chemicals
Highlights of The Aspartame Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade Aspartame Powder
- Pharmaceutical Grade Aspartame Powder
- By Application:
- Food & Beverage
- Pharmaceutical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aspartame Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aspartame powder is a white, odorless powder that is used as a sweetener in food and beverages. It is made from two amino acids - aspartic acid and phenylalanine - which are combined to create the sweet taste.
Some of the major companies in the aspartame powder market are Ajinomoto Group, Saminchem, Amnem, Apura Ingredients, SinoSweet, HYET Sweet, Suanfarma, Changzhou Guanghui Food Ingredients, Henan Kingway Chemicals, Hebei Lead Bio-Chemicals.
The aspartame powder market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aspartame Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aspartame Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aspartame Powder Market - Supply Chain
4.5. Global Aspartame Powder Market Forecast
4.5.1. Aspartame Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aspartame Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aspartame Powder Market Absolute $ Opportunity
5. Global Aspartame Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aspartame Powder Market Size and Volume Forecast by Type
5.3.1. Food Grade Aspartame Powder
5.3.2. Pharmaceutical Grade Aspartame Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aspartame Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aspartame Powder Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Pharmaceutical
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aspartame Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aspartame Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aspartame Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aspartame Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aspartame Powder Demand Share Forecast, 2019-2026
9. North America Aspartame Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aspartame Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aspartame Powder Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Pharmaceutical
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aspartame Powder Market Size and Volume Forecast by Type
9.7.1. Food Grade Aspartame Powder
9.7.2. Pharmaceutical Grade Aspartame Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aspartame Powder Demand Share Forecast, 2019-2026
10. Latin America Aspartame Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aspartame Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aspartame Powder Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Pharmaceutical
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aspartame Powder Market Size and Volume Forecast by Type
10.7.1. Food Grade Aspartame Powder
10.7.2. Pharmaceutical Grade Aspartame Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aspartame Powder Demand Share Forecast, 2019-2026
11. Europe Aspartame Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aspartame Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aspartame Powder Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Pharmaceutical
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aspartame Powder Market Size and Volume Forecast by Type
11.7.1. Food Grade Aspartame Powder
11.7.2. Pharmaceutical Grade Aspartame Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aspartame Powder Demand Share, 2019-2026
12. Asia Pacific Aspartame Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aspartame Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aspartame Powder Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Pharmaceutical
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aspartame Powder Market Size and Volume Forecast by Type
12.7.1. Food Grade Aspartame Powder
12.7.2. Pharmaceutical Grade Aspartame Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aspartame Powder Demand Share, 2019-2026
13. Middle East & Africa Aspartame Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aspartame Powder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aspartame Powder Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Pharmaceutical
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aspartame Powder Market Size and Volume Forecast by Type
13.7.1. Food Grade Aspartame Powder
13.7.2. Pharmaceutical Grade Aspartame Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aspartame Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Aspartame Powder Market: Market Share Analysis
14.2. Aspartame Powder Distributors and Customers
14.3. Aspartame Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ajinomoto Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Saminchem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Amnem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apura Ingredients
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SinoSweet
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HYET Sweet
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Suanfarma
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changzhou Guanghui Food Ingredients
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Henan Kingway Chemicals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hebei Lead Bio-Chemicals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
