Alitame
is a specialized compound used as artificial sweetener, act 2000
times as sweet as sugar. It is mostly preferred as a replacement of
added sugar from food and beverages. Alitame is used as zero calorie
sweetener, with a low glycemic index. The major portion contains
aspartic acid along with a protein called alanine. The compound of
alitame used in food products tastes good with no aftertaste.
Stability is high in the presence of heat compare to other
sweeteners. Besides an additive, it has a wide application in the
market includes pharmaceutical, Nutraceutical, food and beverages
industry. Sweetness through artificial sweetener is more intense
compared to table sugar with low usage in quantity. Hence products
for diabetic patients preferably have more application.
Alitame
Market segmentation
Alitame
market
is segmented on the basis of product form, application, and regions.
On the basis of the form alitame market is segmented as powdered,
liquid and crystal. Among all , crystal form holds a major market
share in developing countries and expected to be dominant over the
forecasted period. The market is further segmented on the basis of
industry application includes food & beverages, pharmaceuticals,
personal care and other industrial segments. Among all of these, food
and beverages segment holds major market shares and expected to
remain dominant in the market. Food and beverages segment is further
sub segmented as beverages, bakery, confectionary, nutritional
products, dairy food products, packaged food products and others.
Among all of these, beverages contributes to a major market share,
followed by dairy and confectionery segments expected to register a
steady CAGR over the forecasted period.
The
alitane market is segmented on the basis of seven key seven key
regions which includes North America, Latin America, Eastern Europe,
Western Europe, Asia Pacific excluding Japan, Japan and Middle East
and Africa.Amogust regional markets North America represents the most
competitive market due to increasing awareness of benefits with low
calorie products, followed by Europe and Asia Pacific Excluding
Japan. North America is expected to register steady growth during the
forecasted period. Low-calorie sweeteners used in confectionary,
pharmaceuticals product and beverages in North American regions is
expected to continue its dominance in the global market. While
European regions involvement into beverages industry is expected to
hold the major share for alitame market. In Asia Pacific, India and
other developing countries are expected to register a significant
contribution to the growth of Asia Pacific alitame market, creating
opportunities for manufacturers in the near future. In Asia Pacific
region China exports major share of global alitame production and is
expected to continue the same during the forecasted period.
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Alitame
Market Drivers and Trends
Increasing
number of health conscious consumers along with increasing number
population suffering from diabetes, obesity and other lifestyle
diseases drives demand for low-calorie sweetener and is expected to
remain steady during the forecasted period. High-intensity sweetener
required in a very low amount is expected to drive alitame market
during the forecasted period. Alitame is not enriched with
phenylalanine hence, safe for phenylketonuria consumption leads to
market share growth in this sector. Two times more stability of
alitame in harsh conditions like acidity and increased temperature is
expected to register to capture market share over aspartame. North
America market is continuously growing with technology advancement.
Awareness through promotional campaign on low calorie products
organized by pharmaceutical and personal care industry, is expected
to register emerging trend in alitame market. Consumer preference for
diet food and beverages is expected to fuel market demand for alitame
in global markets.
Alitame
Market Key players
Some
of the key players in alitame market includes Pfizer Ltd., Wuhan
Dahua Weiye Pharmaceutical Chemical Co., Ltd., Shaanxi Pioneer
Biotech Co., Ltd., Xian Kono Chem Co., Ltd., A.B Enterprises Ltd.,
and others. Among all of these Pfizer Ltd., holds major share and
expected to register a steady growth over the forecasted period.
Other key players in alitame market are focused on high R&D to
develop high quality of products with a more application scope.
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