Global Acesulfame Potassium Market is Expected to Grow at a Healthy Pace During 2024-2032, Aided by the Growth of the High Intensity Sweeteners Market

The global market of acesulfame potassium is being significantly aided by the high intensity sweeteners market. The market is further propelled by the increasing demand from the food and beverages industry due to the demand for food products offering advanced health benefits. The increasing consciousness in consumers regarding health and fitness practices is further aiding the market growth. The market is further expected to grow in the region which are developing, owing to their food industry requirements, creating an opportunity for acesulfame potassium industry.

The rising prevalence of coronavirus pandemic across the world might hinder the market growth. However, with reducing lockdowns and economies turning back to normal, the acesulfame potassium industry is likely to grow during the forecast period. Companies like Mondelez International (NASDAQ: MDLS) and Kellogg Company (NASDAQ: K) have also facilitated in maintaining the supply chains across the globe for products made with acesulfame potassium. On the basis of geography, Europe is one of the major contributors to the market growth, specifically due to the demand generated from countries like France, the United Kingdom, Germany, and Italy. Amidst the coronavirus pandemic, North America is expected to emerge as a significant market in the upcoming years due to rising downstream demand.

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Market Breakup by Application and Region:

• In terms of application, the market is divided into food and beverages, pharmaceuticals, cosmetics, table top sweeteners, and others.

• Region-wise, the global market for acesulfame potassium can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The market is aided by the significant demand from the high intensity sweeteners market.

• The rapid urbanisation and industrialisation along with increasing disposable incomes are also facilitating the market.

• The increasing trend of low calorie and zero sugar food among the consumers is also expected to further grow the market demand.

• The growing awareness in consumers regarding health and fitness is also aiding the market.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for acesulfame potassium for the periods (2018-2023) and (2024-2032). 

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the applications and regional markets of acesulfame potassium.

• The report also gives the regional historical (2018-2023) and forecast (2024-2032) price trends in the market. 

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global acesulfame potassium market include Celanese Corp., HYET Sweet B.V, Vitasweet Co. LTD., Fengchen Group Co. Ltd, and Geleriya Products among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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