Acesulfame Potassium Sweetener Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Granular, Powder Drivers, Liquid) By Application (Dairy, Beverages, Confectionary And Bakery, Processed Food, Others), And By Geography - Forecasts From 2019 To 2024

The acesulfame potassium sweetener market is projected to grow at a CAGR of 4.19% to reach US$885.479 million in 2024 from US$692.324 million in 2018. Acesulfame potassium sugar refers to a zero-calorie food additive utilized as a sugar substitute, it is usually used conjointly with other artificial sweeteners and is used in various food products as well as beverages. Acesulfame Potassium can withstand high temperatures which makes it incredibly useful as a sugar substitute for cooking and baking purposes. Geographically, Asia Pacific is evaluated to hold a noteworthy market growth rate during the forecast period because of the quick advancement of food and beverage processing as well as the rise in disposable income. The North American region, as well as the European region, is expected to have a significant market share during the forecast time frame due to the fact there is the high consumption of sweetened food products and beverages as well as the current inclination of leading a healthier lifestyle in these regions.

DRIVERS
Health problems caused by consuming sugar
The growing health-conscious population prefers low-calorie food options
Increase in the application in the beverage industry
Instabilities in Price and Supply of Sugar Generating Prospects for Sugar Substitutes

RESTRAINTS
Availability of substitutes
Allergic reactions as well as health and safety concerns caused by Acesulfame potassium
Stringent government regulations

INDUSTRY UPDATES
Acesulfame potassium is used as a masking agent for medicines, syrups, cosmetics, toothpaste, animal feed, etc. The product is currently implemented in over 3000 food and beverage products supplied in over 90 countries globally.

Major industry players profiled as part of the report are Suzhou Hope Technology Co., Ltd, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Spectrum Laboratory Products, Inc., Anhui Jinhe Industrial Co., Ltd, and Celanese Corporation among others.

Segmentation

The acesulfame potassium sweetener market has been analyzed through the following segments:

By Type
Granular
Powder
Liquid

By Application
Dairy
Beverages
Confectionery and Bakery
Processed food
Others

By Geography

North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others

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Frequently Asked Questions (FAQs)

Q1. What will be the acesulfame potassium sweetener market size by 2024?
A1. The acesulfame potassium sweetener market is projected to reach a market size of US$885.479 million by 2024. 

Q2. What are the growth prospects for the acesulfame potassium sweetener market?
A2. The acesulfame potassium sweetener market is projected to grow at a CAGR of 4.19% during the forecast period. 

Q3. What is the size of the global acesulfame potassium sweetener market?
A3. Acesulfame Potassium Sweetener Market was valued at US$692.324 million in 2018. 

Q4. Who are the major players in the acesulfame potassium sweetener market?
A4. Major industry players profiled as part of the acesulfame potassium sweetener market report are Suzhou Hope Technology Co., Ltd, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Spectrum Laboratory Products, Inc., Anhui Jinhe Industrial Co., Ltd, and Celanese Corporation among others. 

Q5. Which region holds the largest market share in the acesulfame potassium sweetener market?
A5. Geographically, Asia Pacific is evaluated to hold a noteworthy share in the acesulfame potassium sweetener market because of the quick advancement of food and beverage processing as well as the rise in disposable income.

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