Market Overview:
The global acesulfame-K 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 the increasing demand for acesulfame-K in food and beverage applications, rising awareness about health benefits of acesulfame-K, and growing demand for low calorie foods and beverages. However, stringent regulations on use of artificial sweeteners may restrain the growth of this market during the forecast period. On the basis of type, the global acesulfame-K market can be segmented into food grade and pharmaceutical grade. The food grade segment is expected to account for majority share of this market during 2018–2030 owing to its widespread use in various applications such as bakery products, confectionery items, carbonated drinks, dairy products etc.
Product Definition:
Acesulfame-K (potassium acesulfame, Ace-K) is an artificial sweetener. It is about 200 times sweeter than sugar, and has been found to be safe for human consumption.
Food Grade:
Food grade is the product that meets all the food safety and quality standards. It can be used in any food products such as baked goods, candies, frozen foods, carbonated drinks & beverages and sports drinks. Food-grade acesulfame-k is an odorless white crystalline powder with a slightly sweet taste. It has applications in dairy products like ice creams & yogurt as it helps to increase their shelf life without compromising on their flavor or quality.
Pharmaceutical Grade:
Pharmaceutical grade is a term used for Aceasta-K, which is manufactured by the chemical reaction of sugar with phosphoric acid. It has no color and taste and it can be mixed in any amount with other substances. The most important property of this product is that it's free from any impurities or foreign particles.
It also does not contain corn syrup solids, minerals, colors & flavors as they are removed during purification process using special techniques & equipment.
Application Insights:
Food & beverages was the largest application segment in 2016 and is expected to witness a CAGR of XX% from 2017 to 2030. The product has emerged as a safe and stable food additive with excellent sweetening properties, which is likely to propel its demand in this application over the forecast period.
The pharmaceutical industry also displays promising growth prospects for this product due to its ability as an antioxidant and neuroprotective agent, which has resulted in increased R&D on sulfite derivatives for their potential use as therapeutic drugs across various disorders including Parkinson¢â‚¬â„¢s disease, Alzheimer¢â‚¬â„¢s disease, multiple sclerosis etc. However, extensive research still needs to be carried out before these compounds can be used clinically owing to lack of standardization procedures followed by different companies manufacturing these products leading towards low penetration rate at present time.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of acesulfame-k based products. The region is expected to maintain its dominance over the forecast period due to increasing demand for sugar substitutes and flavored beverages.
Asia Pacific is anticipated to be one of the fastest growing markets during the forecast years on account of rising product demand from countries such as China, India, Japan, South Korea and Taiwan. In addition, expansion of food processing industries in these regions will drive industry growth further. For instance; Sunfeast foods limited.
Growth Factors:
- Increasing demand for low-calorie and sugar-free food products: Acesulfame-K is a calorie-free sweetener, which makes it an attractive option for manufacturers of food and beverage products. The increasing demand for low-calorie and sugar-free food products is expected to drive the growth of the acesulfame potassium market in the coming years.
- Rising awareness about the health benefits of acesulfame potassium: A growing number of people are becoming aware of the health benefits associated with acesulfame potassium, which is likely to boost its demand in the near future.
- Growing popularity of artificial sweeteners: The popularity of artificial sweeteners is on the rise, as they offer several advantages over natural sweeteners such as sucrose or honey. This is likely to fuel demand for acesulfame potassium in the coming years.
- Technological advancements in food processing industry: The advancement in technology has led to innovations in food processing methods, which has resulted in increased use of artificial sweeteners such as acesulfame potassium across various industries worldwide. This is anticipated to create new opportunities for growth within the global market for acesulfame potassium during forecast period 2017 – 2025). 5) Rising disposable income levels among consumers: There has been an increase in disposable income levels among consumers across regions such as North America, Europe, Asia Pacific and Latin America over past few years due to steady economic growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Acesulfame-K Market Research Report
By Type
Food Grade, Pharmaceutical Grade
By Application
Food & Beverages, Pharmaceutical, Cosmetics, Others
By Companies
Changzhou Niutang Chemical Plant, Suzhou Hope Technology, Anhiu Jinhe Industrial, PepsiCo, Coca Cola Company, Niutang, Stadt Holdings Corporation, Celanese
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Acesulfame-K Market Report Segments:
The global Acesulfame-K market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade
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 & Beverages, Pharmaceutical, Cosmetics, Others
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:
- Changzhou Niutang Chemical Plant
- Suzhou Hope Technology
- Anhiu Jinhe Industrial
- PepsiCo
- Coca Cola Company
- Niutang
- Stadt Holdings Corporation
- Celanese
Highlights of The Acesulfame-K 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
- Pharmaceutical Grade
- By Application:
- Food & Beverages
- Pharmaceutical
- Cosmetics
- Others
- 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 Acesulfame-K 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.
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- Correctly Positioning New Products
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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?
Acesulfame-K is a artificial sweetener that is used in many foods and beverages. It has the chemical name as saccharin, but it does not have the same effects on blood sugar levels as regular sugar.
Some of the key players operating in the acesulfame-k market are Changzhou Niutang Chemical Plant, Suzhou Hope Technology, Anhiu Jinhe Industrial, PepsiCo, Coca Cola Company, Niutang, Stadt Holdings Corporation, Celanese.
The acesulfame-k market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acesulfame-K Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Acesulfame-K Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Acesulfame-K Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Acesulfame-K Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Acesulfame-K Market Size & Forecast, 2020-2028 4.5.1 Acesulfame-K Market Size and Y-o-Y Growth 4.5.2 Acesulfame-K Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Pharmaceutical
6.2.3 Cosmetics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acesulfame-K Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acesulfame-K Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharmaceutical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Pharmaceutical
9.10.3 Cosmetics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharmaceutical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Pharmaceutical
10.10.3 Cosmetics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharmaceutical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Pharmaceutical
11.10.3 Cosmetics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharmaceutical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Pharmaceutical
12.10.3 Cosmetics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharmaceutical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Pharmaceutical
13.10.3 Cosmetics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acesulfame-K Market: Competitive Dashboard
14.2 Global Acesulfame-K Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Changzhou Niutang Chemical Plant
14.3.2 Suzhou Hope Technology
14.3.3 Anhiu Jinhe Industrial
14.3.4 PepsiCo
14.3.5 Coca Cola Company
14.3.6 Niutang
14.3.7 Stadt Holdings Corporation
14.3.8 Celanese