Aspartame is one of the most common artificial sweeteners in use today prepared from by joining together the amino acids aspartic acid and phenylalanine. Aspartame finds its applications in many foods and beverages since it is about 200 times sweeter than sugar, so much less of it can be used to give the same level of sweetness. Growing demand amongst health conscious people is expected to remain one the key growth driver during the period of study.
This report identifies the Aspartame market size in for the year 2015-2017 and forecast of the same for year 2022. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to Aspartame market.
Geographically North America dominated Aspartame market owing to higher usage and higher consumption into milk, drinks, tea, soft drinks based on the rigorous rules and regulations of the regional regulatory body. North America was followed by Europe and Asia-Pacific as the second and third largest market for aspartame in 2015. However, Asia-Pacific is expected to remain fastest growing regional market driven by recent permissions from regulatory agencies for the use of intense sweetener in the varied food range at the specified levels in Pacific region and increasing demand in major economies such as India, China, thereby leading to the high growth in Asia Pacific during the forecast period.
This report segments Aspartame market on the basis of distribution channel, applications, and regional market as follows:
- On the basis of applications this report on Aspartame market is segmented as follows, covering all major application of the aspartame as follows: Food production, Beverages, Pharmaceutical, Cosmetics, Animal and Agriculture feed
- On the basis of distribution channel this report on Aspartame market is segmented as follows, covering all major distribution channels of the aspartame as follows: Supermarket, Convenience stores, Departmental stores
- This report on aspartame has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies Profiled in this Report are:
- Ajinomoto Group
- NutraSweet Company
- Niutang Chemical Ltd.
- HYET Sweet
- Merisant, Cargill Incorporated