Acesulfame-K Market is expected to rise with a single digit growth rate of 5.6% in the forecast period.
The demand for the variety of food and ingredients has increased significantly in recent years. The increasing concern of people towards their health has led to the adoption of alternative food and ingredients that can enhance their health. One such product that is being used by people is acesulfame-K. The acesulfame-K is an artificial sweetener that is used by people as an alternative to sugar in order to lose weight. The acesulfame-K is sweeter than sugar and stimulates the taste buds of the person after consumption. The product is listed under many names on the products such as acesulfame potassium, Ace-K or E950. These products act as a sugar substitute and do not contain any calorie. The acesulfame-K is a highly stable product with an ability to withstand high temperature and other conditions. This helps the product to increase its shelf life thereby increasing its adoption by consumers as a sugar alternative. The acesulfame-K is also a useful product for diabetic patient thereby resulting in high applications diabetic diets. Such factors are driving the growth of the acesulfame-K market.
Vendors in the acesulfame-K market are focusing on altering the ingredients used to manufacture acesulfame-K in order to reduce significant health side effects. Since the product is now, FDA approved, therefore, the vendors are focusing on entering into untapped markets to gain an edge in the market.
Acesulfame-K Market: Drivers and Restraints
The acesulfame-K has a sweet taste with quick perceptibility and does not provide a bitter after taste when compared to other sweeteners. The acesulfame-K are tooth friendly and does not create any dental problems. The acesulfame-K also helps in low consumption of calories by replacing other sweeteners since it is not metabolized. Such factors are driving the growth of the acesulfame-K market. The acesulfame-K has a feature of remaining stable in at high temperature thereby resisting itself to break down even at temperatures above 200ºC. It also provides synergistic sweetening effect on combining it with other sweeteners. Such factors are furthermore driving the consumption of acesulfame-K in the market.
The use of acesulfame-K may cause various side effects such as a disruption of the metabolic process resulting in interference in body weight and other functioning. Sometimes, the regular consumption of acesulfame-K may also lead to cancer. It may also cause a disturbance in the functioning of pregnant women. Such factors are hampering the growth of acesulfame-K in the market. The consumption of acesulfame-K many have effects on blood sugar levels and secretion of insulin. Researches have also found that acesulfame-K can increase the cell absorption level of sugar from the gut. Such factors are furthermore restraining the growth of acesulfame-K in the market.
Acesulfame-K Market: Segmentation
The Acesulfame-K market can be categorized on the basis of application and function. On the basis of application in the Acesulfame-K market, the demand for Acesulfame-K is expected to rise in food and beverage industry since it is widely used in a range of food products such as dairy products, confectionery, and others. On the basis of function, the online retailers' segment is expected to have high growth in the market due to increase traction of consumers towards e-commerce purchase.
Acesulfame-K market can be segmented on the basis of applications:
- Food & Beverage
- Oral Hygiene
Acesulfame-K market can be segmented on the basis of sales channel:
- Online Retailers
- Departmental Stores
- Drug & Pharmacies Stores
Acesulfame-K Market: Competitive Landscape
Examples of some of the key players operating in the Acesulfame-K market are Nutrinova, Inc., Sinofi Food Ingredients, TCI AMERICA, HYET Sweet, Viachem, Ltd., Celanese Corporation, Apura Ingredients, PepsiCo, Inc., The Coca Cola Company, and A.B Enterprises.
The Acesulfame-K market is segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and others of APAC, Japan and Middle East & Africa. North America is expected to be a large market for Acesulfame-K as a majority of the Acesulfame-K vendors such as PepsiCo, Inc., The Coca Cola Company and Celanese Corporation are based in the region. Increasing concern about health and fitness among youths in the North America region is driving the adoption of Acesulfame-K. The growing popularity of Acesulfame-K in developing regions, such as APEJ, Latin America and parts of Africa, is characterized by the increasing interest of customers in purchasing sugar alternatives for diabetic diets. Rising disposable income among people in the countries mentioned above is likely to increase the scope of penetration of Acesulfame-K in these regions in the near future.
The research report presents a comprehensive assessment of the Acesulfame-K market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Acesulfame-K market report provides analysis and information, according to market segments such as geographies, application and industry.
The Acesulfame-K Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Acesulfame-K Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS & Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East & Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The Acesulfame-K report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Acesulfame-K report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Acesulfame-K report also maps the qualitative impact of various market factors on market segments and geographies.
The Acesulfame-K Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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