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Aspartame market - Forecasts from 2018 to 2023

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  • 96 Pages
  • October 2018
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 4661609
The global aspartame market is projected to grow at a CAGR of 4.94% over the forecast period of 2017-2023. Aspartame is a high intensity low calorie sweetener which is approximately 200 times sweeter than sugar. The demand for aspartame will grow on account of rising awareness towards adoption of healthier lifestyle and a balanced diet. In addition, rising awareness regarding the negative effects of sugar coupled with increasing prevalence of diabetes will further boost the demand for this sweetener. The North American and the European regions held a high share in the market on account of high consumption of beverages, confectionaries, nutritional and dairy products, which are some of the most notable areas where aspartame is used. The Asia Pacific region will witness substantial growth during the forecasted period owing to the rapid urbanization and rise in the average disposable incomes. However, long-term health concerns related to the use of artificial sweeteners will restrict the growth potential of aspartame over the forecast period.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global aspartame value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global aspartame market.

Major industry players profiled as part of the report are Ajinomoto Group, Niutang Chemical Ltd., HYET Sweets, Hermes Sweetener Ltd., Vitasweet, and Foodchem International Corporation among others.


The global aspartame market has been analyzed through following segments:

By End-User Industry

Food and Beverages

By Application

Dairy Products
Confectionary Assorts
Medicine and Nutritional Products

By Geography

North America


South America



United Kingdom

Middle East and Africa

Saudi Arabia

Asia Pacific

South Korea

Table of Contents

1. Introduction
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’S Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Global Aspartame Market By End-User Industry
5.1. Food And Beverage
5.2. Healthcare
5.3. Agriculture
5.4. Cosmetics
6. Global Aspartame Market By Application
6.1. Beverages
6.2. Dairy Products
6.3. Confectionary Assorts
6.4. Seasonings
6.5. Medicine And Nutritional Products
6.6. Others
7. Global Aspartame Market By Geography
7.1. North America
7.1.1. Usa
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East And Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. Competitive Intelligence
8.1. Market Share Analysis
8.2. Recent Investment And Deals
8.3. Strategies Of Key Players
9. Company Profiles
9.1. Ajinomoto Group
9.1.1. Company Overview
9.1.2. Financials
9.1.3. Products And Services
9.1.4. Recent Developments
9.2. Niutang Chemical Ltd.
9.2.1. Company Overview
9.2.2. Financials
9.2.3. Products And Services
9.2.4. Recent Developments
9.3. Hyet Sweets
9.3.1. Company Overview
9.3.2. Financials
9.3.3. Products And Services
9.3.4. Recent Developments
9.4. Hermes Sweetener Ltd.
9.4.1. Company Overview
9.4.2. Financials
9.4.3. Products And Services
9.4.4. Recent Developments
9.5. Vitasweet
9.5.1. Company Overview
9.5.2. Financials
9.5.3. Products And Services
9.5.4. Recent Developments
9.6. Foodchem International Corporation
9.6.1. Company Overview
9.6.2. Financials
9.6.3. Products And Services
9.6.4. Recent Developments
9.7. Shaoxing Marina Biotechnology Co., Ltd.
9.7.1. Company Overview
9.7.2. Financials
9.7.3. Products And Services
9.7.4. Recent Developments
9.8. Daesang Corporation
9.8.1. Company Overview
9.8.2. Financials
9.8.3. Products And Services
9.8.4. Recent Developments
9.9. Changmao Biochemical Engineering
9.9.1. Company Overview
9.9.2. Financials
9.9.3. Products And Services
9.9.4. Recent Developments

Companies Mentioned

  • Ajinomoto Group

  • Niutang Chemical Ltd.

  • HYET Sweets

  • Hermes Sweetener Ltd.

  • Vitasweet

  • Foodchem International Corporation

  • Shaoxing Marina Biotechnology Co., Ltd.

  • Daesang Corporation

  • Changmao Biochemical Engineering