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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Acesulfame Potassium Market: By Type, By Application, By Grade, By Distribution Channel, and Geography
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.
Study Period
2024-2030Base Year
2023CAGR
4.2%Largest Market
North AmericaFastest Growing Market
Asia Pacific
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.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 752.8 million |
Market CAGR |
4.2% |
By Type |
|
By Application |
|
By Grade |
|
By Distribution Channel |
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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.
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