Reports
Global Acesulfame Potassium Market Size, Share, Growth: By Application: Food and Beverage, Pharmaceuticals, Cosmetics, Table Top Sweeteners, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Acesulfame Potassium Market Outlook
The global acesulfame potassium market reached a value of USD 0.16 million in 2023. The global acesulfame potassium industry is expected to be aided by the high intensity sweeteners market, which is estimated to grow at a CAGR of 4.2% in the forecast period of 2024-2032.
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Increasing Health Awareness to Aid the Market Growth of Acesulfame Potassium
The market for acesulfame potassium is being driven by the increasing health awareness, which has generated an increased demand for quality food products that offer advanced health benefits. The market is further propelled by the rising demand for an extensive variety of low-calorie products as they make for a better food variety. Further, common factors, such as changing lifestyles, people's increasing calorie consciousness, and increasing diabetic people, are leading customers to gradually opt for artificial sweeteners or go sugarless in their diet. Thereby aiding the market growth of acesulfame potassium.
Acesulfame potassium has been used as an artificial sweetener since 2003, although it still needs to get approved by several regulatory agencies for human consumption. For example, the World Health Organization (WHO), Agriculture Organization (FAO) of the United Nations, and Joint Expert Committee on Food Additives of the Food have evaluated and examined the data several times from acesulfame potassium studies and deemed it harmless for use in food. Likewise, the United States Food and Drug Administration (FDA) has recognised acesulfame potassium as safe for intake in the form of a food additive.
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Acesulfame Potassium: Market Segmentation
Acesulfame potassium is a calorie-free sugar alternate that comes under the trade names, such as Sweet One and Sunnett. The product was discovered in 1967 by Karl Clauss, a chemist, in Hoechst AG (now known as Nutrinova) in Germany. The compound is 200 times sweeter than sugar and is used extensively in the food industry.
On the basis of application, the market is divided into:
- Food and Beverage
- Pharmaceuticals
- Cosmetics
- Table Top Sweeteners
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Artificial Food Sweetening Elements to Aid the Acesulfame Potassium Industry Growth
The acesulfame potassium industry is aided by the rising demand for artificial food sweetening elements and the growing health awareness. The product is scientifically considered to be an enhanced choice as opposed to its counterparts as the former prevents any kind of reaction with other elements of a product, along with maintaining its nutritional values and shelf life. Further, the extensive use of the product in various food items like candies, baked goods, frozen desserts, dessert mixes, tabletop sweeteners, and beverages is aiding the market growth.
Key Industry Players in the Global Acesulfame Potassium Market
The report gives a detailed analysis of the following key players in the global acesulfame potassium market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Celanese Corp.
- HYET Sweet B.V.
- Vitasweet Co.,LTD
- Fengchen Group Co.,Ltd
- Geleriya Products
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
| Breakup by Application | Food and Beverage, Pharmaceuticals, Cosmetics, Table Top Sweeteners, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Celanese Corp., HYET Sweet B.V., Vitasweet Co.,LTD, Fengchen Group Co.,Ltd, Geleriya Products, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Acesulfame Potassium Market Analysis
8.1 Key Industry Highlights
8.2 Global Acesulfame Potassium Historical Market (2018-2023)
8.3 Global Acesulfame Potassium Market Forecast (2024-2032)
8.4 Global Acesulfame Potassium Market by Application
8.4.1 Food and Beverage
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Pharmaceuticals
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Cosmetics
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Table Top Sweeteners
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Acesulfame Potassium Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Acesulfame Potassium Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Acesulfame Potassium Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Acesulfame Potassium Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Acesulfame Potassium Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Acesulfame Potassium Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Cost Analysis
17.1 Raw material cost
17.2 Consumables Cost
17.3 Utility
17.4 Labour Cost
17.5 Indirect Cost
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Celanese Corp.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 HYET Sweet B.V.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Vitasweet Co.,LTD
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Fengchen Group Co.,Ltd
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Geleriya Products
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Acesulfame Potassium Market: Key Industry Highlights, 2016 and 2026
2. Global Acesulfame Potassium Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Acesulfame Potassium Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Acesulfame Potassium Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Acesulfame Potassium Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Acesulfame Potassium Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Acesulfame Potassium Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Acesulfame Potassium Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Acesulfame Potassium Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Acesulfame Potassium Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Acesulfame Potassium Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Acesulfame Potassium Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Acesulfame Potassium Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Acesulfame Potassium Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Acesulfame Potassium Market Forecast: Breakup by Country (USD Million), 2024-2032
16. North America Historical Price Trends and Forecast 2018-2028
17. Europe Historical Price Trends and Forecast 2018-2028
18. Asia Pacific Historical Price Trends and Forecast 2018-2028
19. Latin America Historical Price Trends and Forecast 2018-2028
20. Middle East and Africa Historical Price Trends and Forecast 2018-2028
21. Global Acesulfame Potassium Market Structure
Key Questions Answered in the Report
In 2023, the global acesulfame potassium market attained a value of nearly USD 0.16 million.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The market is being driven by the rising health consciousness, the growing demand for high-quality food products, and surging incidences of diabetes.
The key trends guiding the growth of the market include the growing demand for an extensive variety of low-calorie products and rising approval of the product from regulatory authorities.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of acesulfame potassium include food and beverage, pharmaceuticals, cosmetics, and table top sweeteners, among others.
The major players in the market are Celanese Corp., HYET Sweet B.V., Vitasweet Co.,LTD, Fengchen Group Co.,Ltd, and Geleriya Products, among others.
Analyst Review
The global acesulfame potassium market attained a value of USD 0.16 million in 2023, driven by the rising demand for high intensity sweeteners. Aided by the growing health consciousness, the high intensity sweeteners market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4.2%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is divided into food and beverage, pharmaceuticals, cosmetics, and table top sweeteners, among others. The major regional markets for acesulfame potassium are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Celanese Corp., HYET Sweet B.V., Vitasweet Co.,LTD, Fengchen Group Co.,Ltd, and Geleriya Products, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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