Market Overview:
The global APM (Aspartame) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The food grade aspartame segment is expected to dominate the market with a share of more than 60% by 2030. The dairy products segment is projected to be the fastest-growing application segment, with a CAGR of 6.1%. North America dominates the global APM (Aspartame) market and is expected to maintain its dominance throughout the forecast period.
 Industry Outlook.svg)
Product Definition:
APM (Aspartame) is an artificial sweetener that is 200 times sweeter than sugar. It is used as a sugar substitute in many foods and beverages.
Food Grade Aspartame:
Food grade aspartame is a white crystalline powder, which is used as an artificial sweetener in food & beverage products. It has the ability to replace sugar and functions similarly to sugar in the human body. Food grade aspartame contains three main ingredients: phenylalanine, sorbitol and xylitol.
Pharmaceutical Grade Aspartame:
Pharmaceutical grade aspartame is a white crystalline powder, which is used in pharmaceutical applications. It has the same chemical composition and properties like other aspartic acid products. The major difference between these products lies in their purity level, i.e., the percentage of D-aspartic acid content in them.
Application Insights:
Beverages was the dominant application segment and accounted for over 40% of total market volume in 2017. The product is used as a sweetener in carbonated soft drinks, energy & sports drinks, fruit juices, and various other beverages. Growing consumption of low-calorie beverages along with health concerns regarding weight management will drive the demand for aspartame in beverage applications over the forecast period.
The dairy products segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding health benefits associated with milk products coupled with increasing demand for cheese worldwide. Furthermore, growing consumption of flavored milk powder across developing countries such as China and India will propel industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid urbanization, increasing disposable income levels and changing food habits in emerging economies such as China and India. The region accounted for over 45% of the total revenue share in 2017 on account of high consumption volume in countries like China, Japan, South Korea, Taiwan and Philippines.
The product has been approved for use under the Food Standards Agency (FSA) regulations that allow its use across multiple industries including food & beverage sector which will boost industry growth over next eight years. North America is projected to witness significant growth due to rising obesity problems coupled with government initiatives such as sugar reduction initiative launched by U.S FDA that aims at reducing sugar content in foods by 25%.
Growth Factors:
- Increasing demand for low-calorie and sugar-free food products
- Rising awareness about the health benefits of aspartame
- Growing popularity of artificial sweeteners over natural sweeteners
- Proliferation of diet drinks and other aspartame-containing products
- Technological advancements in the production of aspartame
Scope Of The Report
Report Attributes
Report Details
Report Title
APM (Aspartame) Market Research Report
By Type
Food Grade Aspartame, Pharmaceutical Grade Aspartame
By Application
Beverages, Dairy products, Baked goods, Candy and chocolate, Table foods, Medicine, other
By Companies
Sinosweet Co.，Ltd, HYET Sweet, Gsweet Biotech, Ajinomoto, Niutang, Changmao Biochemical, Vitasweet
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global APM (Aspartame) Market Report Segments:
The global APM (Aspartame) market is segmented on the basis of:
Types
Food Grade Aspartame, Pharmaceutical Grade Aspartame
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
Beverages, Dairy products, Baked goods, Candy and chocolate, Table foods, Medicine, 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:
- Sinosweet Co.，Ltd
- HYET Sweet
- Gsweet Biotech
- Ajinomoto
- Niutang
- Changmao Biochemical
- Vitasweet
 Market Overview.svg)
Highlights of The APM (Aspartame) 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
- Pharmaceutical Grade Aspartame
- By Application:
- Beverages
- Dairy products
- Baked goods
- Candy and chocolate
- Table foods
- Medicine
- 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 APM (Aspartame) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
APM is a sugar substitute that is made from aspartame and phenylalanine. It has been approved by the FDA for use in food products.
Some of the major players in the apm (aspartame) market are Sinosweet Co.，Ltd, HYET Sweet, Gsweet Biotech, Ajinomoto, Niutang, Changmao Biochemical, Vitasweet.
The apm (aspartame) 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 APM (Aspartame) 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 APM (Aspartame) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 APM (Aspartame) 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 APM (Aspartame) 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 APM (Aspartame) Market Size & Forecast, 2020-2028
4.5.1 APM (Aspartame) Market Size and Y-o-Y Growth
4.5.2 APM (Aspartame) 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 Aspartame
5.2.2 Pharmaceutical Grade Aspartame
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 Beverages
6.2.2 Dairy products
6.2.3 Baked goods
6.2.4 Candy and chocolate
6.2.5 Table foods
6.2.6 Medicine
6.2.7 other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global APM (Aspartame) 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 APM (Aspartame) 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 Aspartame
9.6.2 Pharmaceutical Grade Aspartame
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 Beverages
9.10.2 Dairy products
9.10.3 Baked goods
9.10.4 Candy and chocolate
9.10.5 Table foods
9.10.6 Medicine
9.10.7 other
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 Aspartame
10.6.2 Pharmaceutical Grade Aspartame
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 Beverages
10.10.2 Dairy products
10.10.3 Baked goods
10.10.4 Candy and chocolate
10.10.5 Table foods
10.10.6 Medicine
10.10.7 other
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 Aspartame
11.6.2 Pharmaceutical Grade Aspartame
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 Beverages
11.10.2 Dairy products
11.10.3 Baked goods
11.10.4 Candy and chocolate
11.10.5 Table foods
11.10.6 Medicine
11.10.7 other
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 Aspartame
12.6.2 Pharmaceutical Grade Aspartame
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 Beverages
12.10.2 Dairy products
12.10.3 Baked goods
12.10.4 Candy and chocolate
12.10.5 Table foods
12.10.6 Medicine
12.10.7 other
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 Aspartame
13.6.2 Pharmaceutical Grade Aspartame
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 Beverages
13.10.2 Dairy products
13.10.3 Baked goods
13.10.4 Candy and chocolate
13.10.5 Table foods
13.10.6 Medicine
13.10.7 other
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 APM (Aspartame) Market: Competitive Dashboard
14.2 Global APM (Aspartame) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sinosweet Co.，Ltd
14.3.2 HYET Sweet
14.3.3 Gsweet Biotech
14.3.4 Ajinomoto
14.3.5 Niutang
14.3.6 Changmao Biochemical
14.3.7 Vitasweet
