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Acesulfame Potassium Market Update, Analysis and Forecast
Report, 2017 – 2024: Global Market Insights Inc.
The global Acesulfame Potassium Market share report provides numbers for
applications and regional segments of the industry covering historical as well as
forecast data for decision makers.
Global Acesulfame Potassium Market size is likely to witness significant growth,
expanding at a moderate CAGR during the forecast timespan. Acesulfame potassium
is a crystalline powder, derived from acetic acid, which has elevated temperature
stability, good shelf life and good water solubility with low calorie content. The fact that
the product is 200 times sweeter than sugar, makes it desirable to be used as artificial
sweeter or flavoring agent and a sugar substitute in the food & beverage, cosmetic
and pharmaceutical industries.
The product has wide usage in food & beverage industry. It is declared as a noncarcinogenic by European Union and World Health Organization (WHO). Thus,
making it highly desirable in mainly, beverage industry. Rising per capita income,
growing consumerism and increased health awareness among consumers has been
driving the food & beverage industry. This tremendous growth of food & beverage
industry will have a direct impact on the acesulfame potassium market size in the
The biggest restraint which can hinder the global acesulfame potassium market size
in the coming years is the development and increasing usage of bio based food
additives, such as stevia. The increasing presence of product substitutes is likely to
hamper overall acesulfame potassium market size by 2024.
The major applications of acesulfame potassium market size includes food &
beverage, pharmaceutical and cosmetics industry. Beverage (carbonated and noncarbonated) was the main consumer of the product in 2016, followed by food
processing and pharmaceutical. The product is directly added in bakery products
which need amplified shelf life. It is used in combination with other sweeteners such
as sucralose and aspartame in beverages. Other applications of acesulfame
potassium market share includes dairy products, vegetable & fruit preserves,
confectionery, condiments & relishes, vitamin supplements, tabletop sweeteners,
desserts, etc. Artificial sweeteners, added in different foods & beverages, preserve
their nutritional value and decrease the calorie content. However, extended
consumption of artificial sweeteners such as sucralose, aspartame, saccharin and
cyclamate has resulted in increased obesity tooth decay, diabetes and other heart
problems among consumers. In addition, these additives react with ingredients of the
food, hence affecting the shelf life and nutritional value.
Acesulfame potassium is considered suitable substitute to these food additives as it is
a calorie free sweetener and does not react with other ingredients. It also counter
balances the after effects of other flavoring agents and sweeteners, thereby used in
conjunction. Furthermore, owing to the solubility properties, it does not influence
cholesterol levels and is used to modify the bitter taste of liquid medicines and
chewable tablets in pharmaceutical industry. these aforementioned trends will propel
the global acesulfame potassium market size by 2024.
Asia Pacific is expected be the fastest growing region over the forecast period. In 2016,
China was the biggest producer and consumer of the product owing to its increasing
demand for diet food and carbonated drinks. Hence, China is likely to become the
foremost supplier of the product by the end of the forecast period. Similarly, India has
been also showing conducive conditions for the acesulfame potassium market growth
in the recent years due to the joint ventures and expansions with beverage companies
such as PepsiCo Inc. and The Coca Cola Company. Countries including Japan and
Indonesia are predicted to follow the same trend. In case of North America and
Europea, the acesulfame potassium market share is likely to witness moderate growth
owing to the mature pharmaceutical and food processing sectors. In the Middle East
& Africa, acesulfame potassium market will witness moderate growth rate in coming
years owing to sluggish food & beverage industry growth in these regions.
The key players operating in the acesulfame potassium market share are Changzhou
Niutang Chemical Plant Company Limited, Suzhou Hope Technology Company
Limited, Anhiu Jinhe Industrial Company Limited, Pepsico Inc., Spectrum Chemical
Manufacturing Company, The Coca Cola Company, Tokyo Chemical Industry, Sigma
Aldrich Company LLC. Other companies include Bimal Pharma Private Limited, A.B
Enterprises and S.A Pharmachem Private Limited. The prominent market share
contributors in product market are primarily focusing on tapping the enormous market
potential of developing countries. The companies are establishing vast production
facilities to fulfil the rapidly increasing local product demand in these developing
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