Global Acesulfame Potassium Market Outlook 2018-2023

Global acesulfame potassium market is expected to grow at a significant CAGR of 4.2% by 2023 as the scope and its applications are rising enormously across the globe. Acesulfame potassium is also termed as ace-K or acesulfame K is an artificial sweetener used in a wide range of foods and drinks. It is 200 times sweeter in comparison to sugar and does not contain calories.

The factors that are playing a major role in the growth of acesulfame potassium market are changing usage patterns of food additives and the rising awareness regarding customer health. However, production of bio-based food additives may restrain overall market growth in the years to come. Acesulfame potassium market is segmented based on application and region.

The market may be categorized based on applications like pharmaceuticals, food & beverage, personal care, and region. Beverage sector comprises non-carbonated and carbonated. The other application of acesulfame potassium comprise desserts, dairy products, confectionery, vitamin supplements, vegetable & fruit preserves, and condiments & relishes. Beverage sector may account for the substantial market share of acesulfame potassium and is estimated to lead the overall market in the years to come. Pharmaceuticals and food processing sectors are estimated to grow at the fastest pace in the years to come. 

Acesulfame potassium market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).

Globally, Asia Pacific may account for the substantial market share of acesulfame potassium and is estimated to lead the overall market in the years to come. Presently, China is the largest consumer and producer of acesulfame potassium as it is exclusively used in the preparation of carbonated drinks and diet foods. Also, the country is estimated to lead the overall market in the years to come. India is estimated to grow at the fastest pace in the years to come. 

Europe and North America acesulfame potassium market are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, North America is estimated to grow at the highest CAGR in the forecast period. 

The key players of acesulfame potassium market are Changzhou Niutang Chemical Plant Co. Ltd., Coca-Cola Company, Suzhou Hope Technology Co. Ltd., PepsiCo, Inc., and Anhui Jinhe Industrial Co. Ltd. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Global acesulfame potassium market is anticipated to grow at a CAGR of 4.2% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (food & beverage, personal care , pharmaceuticals, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the Acesulfame Potassium market on a global and regional level. The study provides historic data of 2013-2017 along with a forecast from 2018 to 2023 based on both output/volume and revenue. The study then describes the drivers and restraints for the Acesulfame Potassium market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Acesulfame Potassium market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global Acesulfame Potassium market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

The research report provides analysis and information according to market segments such as geographies, types and applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2023. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global Acesulfame Potassium market.

Key Applications
- Food & Beverage
- Personal Care 
- Pharmaceuticals

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
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Key Questions Answered in this Report
- What will the market size be in 2023?
- What are the key factors driving the global Acesulfame Potassium market?
- What are the challenges to market growth?
- Who are the key players in the Acesulfame Potassium market?
- What are the market opportunities and threats faced by the key players?