The acesulfame potassium market is anticipated to flourish at an average CAGR of 5.5% between 2023 and 2033. The market is expected to hold a market share of US$ 432.3 million by 2033 while the market is likely to reach a value of US$ 253.1 million in 2023.
The global acesulfame potassium market is expected to attract substantial attention due to a wide range of applications in bakeries, food and beverage companies, cosmetic companies, and pharmaceutical companies. For modifying the bit taste of syrups and chewable tablets, acesulfame sweetener is mainly used in the pharmaceutical industry. Since acesulfame potassium or ace K is soluble, 200 times sweet than sugar, and does not affect cholesterol levels, it has no adverse effects on the human body, thereby increasing the demand for the ace K market.
Artificial sweeteners such as sucralose, aspartame, xylitol, and others are typically used in combination with sucralose to create a healthy alternative to sugar. Currently, the beverage industry is a leading consumer of acesulfame potassium, followed by the food processing and pharmaceutical industries. In the future, the global acesulfame potassium market is expected to benefit from changing patterns in the application of food additives and an increase in consumer awareness of health issues.
There are, however, restraining factors in the market which could hinder the growth of global acesulfame potassium demand because of global developments in producing bio-based food additives such as stevia. Also, prolonged consumption of artificial sweeteners such as cyclamate and saccharin has contributed to an increase in obesity, diabetes, tooth decay, insomnia, and other heart problems.
| Attributes | Details |
|---|---|
| Acesulfame Potassium Market CAGR (2023 to 2033) | 5.5% |
| Acesulfame Potassium Market Size (2023) | US$ 432.3 million |
| Acesulfame Potassium Market Size (2033) | US$ 253.1 million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global developments in the production of bio-based food additives such as stevia can be viewed as a restraining factor that may slow the growth of the global acesulfame potassium market. The disadvantages of other artificial sweeteners in the portion of their continued consumption include tooth decay, insomnia, obesity, the risk of heart problems, and diabetes, which are expected to aid this market's growth at a steady CAGR.
Principal Consultant
| Country | Revenue Share % (2022) |
|---|---|
| The United States | 22.1% |
| Germany | 6.3% |
| Japan | 7.8% |
| Australia | 5.4% |
| Country | CAGR % (2023 to 2033) |
|---|---|
| China | 4.3% |
| India | 5.8% |
| The United Kingdom | 4.7% |
North America is anticipated to experience stagnant market growth in demand for acesulfame potassium. In 2022, the United States held a maximum acesulfame potassium market share of 22.1% due to its mature food processing and pharmaceutical markets.
Recently, a countrywide nutrition survey found that 25% of youth and 41% of seniors consumed beverages and foods containing low-calorie sweeteners like sucralose, aspartame, and saccharin.
There is a significant share of 21% expected to be captured by Europe’s acesulfame potassium market. It is due to the European Commission initiating an anti-dumping proceeding regarding imports of acesulfame potassium originating in the PRC as well as acesulfame potassium originating in the PRC included in preparations or mixtures such as other sweeteners and/or water. Nevertheless, the adoption of acesulfame potassium in cosmetics such as lipstick may likely result in slow acesulfame potassium market growth.
In terms of the global demand for acesulfame potassium, Asia Pacific is anticipated to become the significantly growing and dominating region by the end of the forecast period. As a result of its use in diet food preparation and carbonated drinks, China is the world's leading producer and consumer of acesulfame potassium.
China was the leading supplier of acesulfame potassium in 2022. On the other hand, India is likely to depict a favorable end-user acesulfame potassium market, owing to its joint ventures and expansions with other beverage giants such as The Coca-Cola Company.
| Category | By Application Type |
|---|---|
| Leading Segment | Food and Beverage |
| Market Share (2022) | 54.2% |
| Category | By Type |
|---|---|
| Leading Segment | Food Grade |
| Market Share (2022) | 54.3% |
Based on application type, the food and beverage segment lead the market as it held a market share of 54.2% in 2022. The type category is dominated by the food grade segment as it held a market share of 54.3% in 2022.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
How is the Start-up Ecosystem in the Acesulfame Potassium Market?
Various business models are emerging all the time, sometimes due to market changes and sometimes due to new trends. It is becoming increasingly common for start-ups to focus on innovative ideas, mergers, and acquisitions to maximize the adoption of acesulfame potassium.
Companies that manufacture food sweeteners are aligning their manufacturing processes with consumer preferences. Further, in recent years, consumer preferences have changed, resulting in manufacturers producing clean-label products, which is expected to continue.
Many competitors in the acesulfame potassium market have developed new ways or upgraded their current products to increase their geographic footprint and upgrade their product usage. Further, investment power is increasing for both existing and emerging players.
Jowell Global Ltd., one of China's leading e-commerce platforms for cosmetics, health and nutritional supplements, and household products, announced today that the Company is developing a cooperative relationship with Hope Bio-Technology Co., Ltd. and has signed a strategic partnership agreement with its affiliate, Suzhou Wujiang Hope Bio-Technology Co., Ltd.
According to the Agreement, the parties may collaborate in the research and development of new immune cell technologies for skincare products, cosmetics, and health and nutritional supplements, with a focus on in-depth collaboration in cutting-edge cellular technology.
Anhui Jinhe Industrial Co., Ltd. announced on September 28, 2016, that it had begun a project to expand its sucralose capacity, and that the new capacity might be available in late March. The project, which may cost US$ 68.65 million, may allow the company to increase its sucralose capacity.
PepsiCo, Inc. has closed a new US$ 1.25 billion 10-year Green Bond. The Company may use an amount equal to the net proceeds of the offering to fund Eligible Green Projects. It may focus on the Company's pep+ (PepsiCo Positive) agenda - the Company's strategic, end-to-end transformation that puts sustainability and human capital at the center of how it may create growth and value.
PepsiCo's new Green Bond investments may focus on key environmental sustainability initiatives under two pillars of its pep+ agenda including Positive Agriculture and Positive Value Chain. This may assist the company in fulfilling its goal of operating within planetary boundaries and inspiring positive change for the planet and people.
The market is projected to generate US$ 253.1 million in sales by 2023.
The global market is set to be worth US$ 432.3 million by 2033.
The market is estimated to advance at a 5.5% CAGR through 2033.
The rise in demand for sugar substitutes in various food and beverage items is the market's primary opportunity.
The United States had a significant market share of 22.1% for acesulfame potassium.
The food and beverage segment dominated the market in terms of application type, with a 54.2% market share.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2023 to 2033
5.3.1. Food and Beverage
5.3.2. Pharmaceuticals
5.3.3. Table Top Sweeteners
5.3.4. Cosmetics
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Market Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Market Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Market Type, 2023 to 2033
6.3.1. Pharmaceutical Grade
6.3.2. Food Grade
6.4. Y-o-Y Growth Trend Analysis By Market Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Market Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA.
8.2.1.2. Canada
8.2.2. By Application
8.2.3. By Market Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Application
8.3.3. By Market Type
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Application
9.2.3. By Market Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Application
9.3.3. By Market Type
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Application
10.2.3. By Market Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Application
10.3.3. By Market Type
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Application
11.2.3. By Market Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Application
11.3.3. By Market Type
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Application
12.2.3. By Market Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Application
12.3.3. By Market Type
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Application
13.2.3. By Market Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Application
13.3.3. By Market Type
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Application
14.2.3. By Market Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Application
14.3.3. By Market Type
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Application
15.1.2.2. By Market Type
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Application
15.2.2.2. By Market Type
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Application
15.3.2.2. By Market Type
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Application
15.4.2.2. By Market Type
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Application
15.5.2.2. By Market Type
15.6. United Kingdom.
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Application
15.6.2.2. By Market Type
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Application
15.7.2.2. By Market Type
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Application
15.8.2.2. By Market Type
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Application
15.9.2.2. By Market Type
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Application
15.10.2.2. By Market Type
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Application
15.11.2.2. By Market Type
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Application
15.12.2.2. By Market Type
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Application
15.13.2.2. By Market Type
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Application
15.14.2.2. By Market Type
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Application
15.15.2.2. By Market Type
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Application
15.16.2.2. By Market Type
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Application
15.17.2.2. By Market Type
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Application
15.18.2.2. By Market Type
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Application
15.19.2.2. By Market Type
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Application
15.20.2.2. By Market Type
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Application
15.21.2.2. By Market Type
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Application
15.22.2.2. By Market Type
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Application
15.23.2.2. By Market Type
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Application
16.3.3. By Market Type
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Changzhou Niutang Chemical Plant Co. Ltd.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Suzhou Hope Technology Co. Ltd.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Anhui Jinhe Industrial Co. Ltd.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. PepsiCo Inc.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. The Coca-Cola Company
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Tokyo Chemical Industry
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Sigma Aldrich Company LLC.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Cargill
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Tate & Lyle
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Geleriya Products
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
Explore Chemicals & Materials Insights
View Reports
Acesulfame Potassium Market
