"Market Intelligence that Adds Flavour to Your Success"
The global aspartame market is expected to be flourishing significantly during the forecast period, owing to an increase in the number of the health-conscious population across the globe, who prefer sugar-free food and beverage products. The low-calorie content of aspartame as compared to sugar is encouraging the growth of the aspartame industry. Permission to use aspartame across various industries by leading food ingredient regulatory authorities, such as the US Food and Drug Administration (FDA), is expected to contribute majorly to the growth of the aspartame market during the forecast period.
Adverse health impacts induced by aspartame on human health and the availability of naturally sourced alternatives such as stevia is hindering the growth of this market. Adoption of natural sweeteners such as molasses, fruit juices, honey, and others over artificial sweeteners can also impact the market negatively in the upcoming years.
To gain extensive insights into the market, Request for Customization
Aspartame and others such as acesulfame-K, alitame, cyclamate, glycyrrhizin, saccharin, stevioside, sucralose, and thaumatin are different types of intense sugar. Aspartame is the third-largest consumed (by volume) type of intense sugar after saccharin and cyclamate. Cyclamate is majorly banned in the U.S. and other countries considering the ill effects, while Europe considers it a safe product.
Aspartame is a type of artificial sweetener used as a sugar alternative in various food & beverages. Aspartame is identified as a low-calorie sweetener and is much sweeter than sugar. The product has found applications in major industries such as food, pharmaceuticals, and others due to its properties.
The top players operating in the global aspartame market are Niutang Chemical Ltd., Hermes Sweetener Ltd., Ajinomoto Group, Foodchem International Corporation, and Vitasweet.
By Raw Material
Among applications, the food production segment is projected to dominate the global aspartame market, due to the broader use of aspartame in many food products due to its taste enhancement properties as well as the ability to improve the shelf-life of food products. In food preparations such as particular desserts, candies, jellies, and others aspartame is widely used. The beverage segment is expected to be growing significantly as aspartame has wide applications in various dietary drinks, coffee, and several carbonated drinks.
North America is projected to hold a significant market share in the global aspartame market, due to the high consumption of aspartame as a sugar alternative in the region. High usage of aspartame in the production of various confectioneries, beverages, and other food products is escalating the growth of the aspartame market in North America. Furthermore, favorable regulatory conditions towards the use of aspartame, coupled with the presence of giant market players in the region, such as Foodchem International Corporation will aid the growth of the market in upcoming years.
Aspartame market in the Asia Pacific is expected to witness a significant rise in the coming years, due to permission of regulatory authorities on the use of intense sweeteners is significant in Asian countries such as New Zealand and Australia. The authorized permission on the use of aspartame is expected to increase the number of aspartame producers as well as distributors in the region, which will further boost the growth of this market.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry