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Global Aspartame Market: By Raw Material: Aspartic Acid, Phenylalanine; By Application: Beverages, Dairy Products, Confectionery Assorts, Seasonings, Others; By End Use; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Aspartame Market Outlook

The global aspartame market is expected to grow at a CAGR of 4.8% during the period 2022-2027. The market is expected to grow as demand and use of sugar substitutes and artificial sweeteners increase. People are increasingly seeking alternatives to sugar. Companies also are using ingredients such as aspartame in beverages, bakery, confectionery, dairy, sauces, dressings, condiments, etc. Aspartame is also used in medicines to mask unpleasant taste or to enhance taste. North America, Europe and Asia are expected to be key markets.

 

Global Aspartame Market

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Global Market Likely to be Driven by Demand and Use of Alternatives to Sugar

Aspartame, a low-calorie sweetener, is made of two common amino acids – aspartic acid and phenylalanine – naturally occurring in several foods such as fruits, vegetables, meats, and eggs. While aspartame has nearly the same number of calories per gram as sugar, it is nearly 200 times sweeter than sugar, therefore, a small amount is required to get the same sweetness, and only a little quantity of aspartame is used to sweeten chewing gum, drinks, yoghurt, and medications; this helps keep aspartame's calories per serving to a minimum.

 

Businesses Use Aspartame in Sugar-free Products; Such Use is Expected to Boost the Global Aspartame Market

Businesses today seek to attract consumers by eliminating sugar from products and using labels that convey the idea of taste without sugar and added calories. Companies thus seek to deliver sensory appeal and meet consumer demand by maintaining popular textures and consistency in products without sugar. For example, Ingredion’s DULCENT™ aspartame, sucralose and Ace-K sweeteners offer sweetness, functionality and cost savings goals in multiple applications.

 

Popular Beverage Brands Contain Aspartame

Several popular foods and drinks that are available in the low-calorie variety contain aspartame. For example, popular Coca-Cola products that contain aspartame include Coke Zero Sugar, Diet Barq’s, Diet Coke, Diet Coke Feisty Cherry, Fanta Zero, Fresca, Gold Peak Diet Tea, Mello Yello Zero, Minute Maid Light, Pibb Zero, Seagram’s Diet Ginger Ale, Sprite Zero, and TaB. Low-calorie sweeteners are available in small individual packets measured to offer nearly the same level of sweetness as two teaspoons of sugar. Such packets may usually be found at restaurants or coffee shops; aspartame is generally available in blue packets.

In 1981, aspartame was approved by the U.S. Food and Drug Administration. It is said to be safe even for children and pregnant and breastfeeding women. Aspartame may be considered as an alternative for individuals suffering from diabetes, as it offers sweetness without raising blood sugar levels. However, aspartame is not considered suitable for individuals suffering from a rare genetic disease called phenylketonuria (PKU), thus, foods and drinks with aspartame carry clear information on the label about the presence of phenylalanine.

 

Multiple Applications of Aspartame Likely to Boost Global Aspartame Market

Aspartame may be used in beverages (including diet sodas, light or low-sugar juices and flavoured waters), dairy products (including light yogurt and low-fat flavoured milk), nutrition bars, desserts (including sugar-free puddings and gelatines, light ice cream and popsicles), chewing gum, sauces, syrups and condiments. Aspartame is also present in several types of low-calorie tabletop sweeteners. Common brands of aspartame tabletop sweetener include Equal® (in USA), Canderel® (in Europe) and Pal Sweet® (in Asia).

Some prescription and over-the-counter medicines and chewable vitamins may also contain aspartame to enhance palatability. Aspartame is not suitable for foods that require long durations of baking as prolonged exposure to high temperatures could lead aspartame to lose its sweetness.

 

Market Segmentation

 

Global Aspartame Market by Segments

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By raw material, the market is segmented into:

  • Aspartic Acid
  • Phenylalanine

By application, the market is divided into:

  • Beverages
  • Dairy Products
  • Confectionery Assorts
  • Seasonings
  • Medicine and Nutritional Products
  • Others

By end-user, the market is classified into:

  • Food and Beverages
  • Healthcare
  • Agriculture
  • Cosmetics

By distribution channel, the market is segmented into:

  • Supermarkets
  • Convenience Stores
  • Departmental Stores
  • Others

By region, the market is classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Aspartame Market by Region

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Key Industry Players in the Global Aspartame Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Ajinomoto Co., Inc.
  • Nantong changhai food additive Co., ltd.
  • Hermes Sweeteners Ltd.
  • Ingredion Incorporated
  • Vitasweet Co.,LTD
  • Foodchem International Corporation
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Aspartame Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Aspartame Historical Market (2017-2021) 
    8.3    Global Aspartame Market Forecast (2022-2027)
    8.4    Global Aspartame Market by Raw Material
        8.4.1    Aspartic Acid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Phenylalanine
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Aspartame Market by Application
        8.5.1    Beverages
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Dairy Products
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Confectionery Assorts
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Seasonings
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Medicine and Nutritional Products
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    Global Aspartame Market by End Use
        8.6.1    Food and Beverages
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Healthcare
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Agriculture
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Cosmetics
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
    8.7    Global Aspartame Market by Distribution Channel
        8.7.1    Supermarkets
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Convenience Stores
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Departmental Stores
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Others
    8.8    Global Aspartame Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Ajinomoto Co., Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Nantong changhai food additive Co., ltd.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Hermes Sweeteners Ltd.
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Ingredion Incorporated
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Vitasweet Co.,LTD
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Foodchem International Corporation
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments

 

List of Figures and Tables

1.    Global Aspartame Market: Key Industry Highlights, 2017 and 2021
2.    Global Aspartame Historical Market: Breakup by Raw Material (USD Million), 2017-2021
3.    Global Aspartame Market Forecast: Breakup by Raw Material (USD Million), 2022-2027
4.    Global Aspartame Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Global Aspartame Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Global Aspartame Historical Market: Breakup by End-User (USD Million), 2017-2021
7.    Global Aspartame Market Forecast: Breakup by End-User (USD Million), 2022-2027
8.    Global Aspartame Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
9.    Global Aspartame Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
10.    Global Aspartame Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Aspartame Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Aspartame Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Aspartame Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Aspartame Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Aspartame Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Aspartame Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Aspartame Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Aspartame Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Aspartame Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Aspartame Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Aspartame Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Global Aspartame Market Structure

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