Acesulfame Potassium Market: By Type, By Application, By Grade, By Distribution Channel, and Geography

Acesulfame Potassium Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Powder, Granular, Liquid), By Application (Beverages, Bakery, Oral hygiene), By Grade (Pharmaceutical Grade, Food Grade), By Distribution Channel (Departmental Stores, Pharmacies, Online Retail), and Region

Acesulfame Potassium Market was valued at US$ 752.8 million in 2023 and is poised to grow at a CAGR of 4.2% over 2024-2030. Acesulfame potassium, also known as Acesulfame K or Ace-K, is a calorie-free artificial sweetener that is 200 times sweeter than sucrose and can maintain its sweetness at a wide range of temperatures and in a variety of food-processing conditions. The increased demand for low-calorie and sugar-free food and beverage products to cater to health-conscious consumers drives the Acesulfame Potassium market. Furthermore, the increased cases of obesity and diabetes patients have led to a shift in market paradigm towards sugar substitutes, including acesulfame potassium, as tools for managing these health conditions, which eventually is anticipated to propel the market demand. For instance, according to the Institute for Health Metrics and Evaluation, in 2023 more than half a billion people are living with diabetes worldwide, affecting men, women, and children of all ages in every country, and that number is projected to more than double to 1.3 billion people in the next 30 years.Additionally,

The increased focus on health and wellness has created several opportunities for manufacturers to make functional foods such as protein bars, meal replacements, and fortified foods with acesulfame potassium as a sugar substitute. The market is focused on flavor innovation to develop distinctive and alluring taste profiles that include acesulfame potassium and other sweeteners. Thus, creating flavors with exotic and fruity undertones is expected to offer the lucrative opportunities in future.However, the reservations among consumers about the safety and long-term health effects of artificial sweeteners, including acesulfame potassium, and the speculation that it causes cancer may hinder market growth. However, the adoption of a healthier lifestyle among various populations, increasing fitness trends, the launch of new products in the market every day, and increased disposable income among the masses are anticipated to propel the marker during forecast years.

Acesulfame Potassium Market Key Developments

  • In July 2021, Coca-Cola launched a reformulated Coca-Cola Zero Sugar in the US. The ingredients in the new Zero Sugar are sweetened by aspartame and acesulfame potassium.
  • In March 2021, Keurig Dr Pepper launched a new product line for the brand portfolio expansion- Dr Pepper Zero Sugar that is sweetened with aspartame and acesulfame potassium.

Acesulfame Potassium Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.2%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Acesulfame Potassium Market Dynamics

The market is expected to rise due to the increased demand of food grade acesulfame potassium in the food and beverage industry. Food-grade acesulfame potassium is a vital component for creating sugar-free, low-calorie, and reduced-sugar food and beverage products since it is particularly made and authorized for use in food products. A wide range of food products, including soft beverages, baked goods, dairy items, confectionary, desserts, sauces, dressings, and more, can employ food-grade acesulfame potassium. Food makers use it because of its adaptability and capacity to retain sweetness under diverse processing conditions. The market is driven by the growing number of consumers looking for healthier options with lower calorie and sugar content. Additionally, the acceptance and approvals that food-grade acesulfame potassium has obtained from the European Food Safety Authority (EFSA), the U.S. Food and Drug Administration (FDA), and others have strengthened its position in the food business.

Acesulfame Potassium Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 752.8 million

Market CAGR

4.2%

By Type

  • Powder
  • Granular
  • Liquid

By Application

  • Beverages
  • Bakery
  • Oral hygiene

By Grade

  • Pharmaceutical Grade
  • Food Grade

By Distribution Channel

  • Departmental Stores
  • Pharmacies
  • Online Retail

Key Features of the Report

  • The acesulfame potassium market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The global acesulfame potassium market size was valued at US$ 752.8 million in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030.

The increased focus on health and wellness has created several opportunities for manufacturers to make functional foods such as protein bars, meal replacements, and fortified foods with acesulfame potassium as a sugar substitute.

Changzhou Niutang Chemical Plant Co. Ltd., Suzhou Hope Technology Co. Ltd., Anhui Jinhe Industrial Co. Ltd., PepsiCo Inc., The Coca-Cola Company, Tokyo Chemical Industry, and Sigma Aldrich Company LLC are a few companies operating in Acesulfame Potassium market.

North America is anticipated to grow with 4% CAGR over the forecast period 2023-2029.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Acesulfame Potassium Market Introduction 
2.1.Global Acesulfame Potassium Market  - Taxonomy
2.2.Global Acesulfame Potassium Market  - Definitions
2.2.1.Type
2.2.2.Application
2.2.3.Grade
2.2.4.Distribution Channel
2.2.5.Region
3.Global Acesulfame Potassium Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Acesulfame Potassium Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Acesulfame Potassium Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Powder
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Granular
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Liquid
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Acesulfame Potassium Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Beverages
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Bakery
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Oral hygiene
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Acesulfame Potassium Market  By Grade, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Pharmaceutical Grade
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Food Grade
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.Global Acesulfame Potassium Market  By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Departmental Stores
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Pharmacies
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Online Retail
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
9.Global Acesulfame Potassium Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Acesulfame Potassium Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Powder
10.1.2.Granular
10.1.3.Liquid
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Beverages
10.2.2.Bakery
10.2.3.Oral hygiene
10.3.  Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Pharmaceutical Grade
10.3.2.Food Grade
10.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Departmental Stores
10.4.2.Pharmacies
10.4.3.Online Retail
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Acesulfame Potassium Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Powder
11.1.2.Granular
11.1.3.Liquid
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Beverages
11.2.2.Bakery
11.2.3.Oral hygiene
11.3.  Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Pharmaceutical Grade
11.3.2.Food Grade
11.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Departmental Stores
11.4.2.Pharmacies
11.4.3.Online Retail
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
12.Asia Pacific (APAC) Acesulfame Potassium Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Powder
12.1.2.Granular
12.1.3.Liquid
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Beverages
12.2.2.Bakery
12.2.3.Oral hygiene
12.3.  Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Pharmaceutical Grade
12.3.2.Food Grade
12.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Departmental Stores
12.4.2.Pharmacies
12.4.3.Online Retail
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Acesulfame Potassium Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Powder
13.1.2.Granular
13.1.3.Liquid
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Beverages
13.2.2.Bakery
13.2.3.Oral hygiene
13.3.  Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Pharmaceutical Grade
13.3.2.Food Grade
13.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Departmental Stores
13.4.2.Pharmacies
13.4.3.Online Retail
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Acesulfame Potassium Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Powder
14.1.2.Granular
14.1.3.Liquid
14.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Beverages
14.2.2.Bakery
14.2.3.Oral hygiene
14.3.  Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Pharmaceutical Grade
14.3.2.Food Grade
14.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Departmental Stores
14.4.2.Pharmacies
14.4.3.Online Retail
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Changzhou Niutang Chemical Plant Co., Ltd.
15.2.2.Suzhou Hope Technology Co., Ltd.
15.2.3.Anhui Jinhe Industrial Co., Ltd.
15.2.4.The Coca-Cola Company
15.2.5.Tokyo Chemical Industry
15.2.6.Sigma Aldrich Company LLC.
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Changzhou Niutang Chemical Plant Co., Ltd.
  • Suzhou Hope Technology Co., Ltd.
  • Anhui Jinhe Industrial Co., Ltd.
  • The Coca-Cola Company
  • Tokyo Chemical Industry
  • Sigma Aldrich Company LLC.

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