The
dietary products and food products are the main segments which are
preferred on the ingredients used. The increase in the health
conscious food products and government regulations forces
manufacturers to use specified ingredients specifically coloring and
flavorings agents. Aspartame is one of the nonnutritive, intense
sweetening agent derived from genetically modified amino acid. It is
used in the wide product portfolio including dietary and food
products. It is a white powder around 200 times sweeter than the
sugar and is odorless. In Europe and France, it is categorized as the
E951. Aspartame is consumed in varied foodstuffs namely desserts,
beverages under the name Canderel, Pous-suc. The properties of the
aspartame agent gain the market attraction in early 80’s as it is
the best to substitute for the saccharose due to its high sweetening
power. The aspartame came more into focus due to its side effects on
the health. Currently, it is approved by number of regulatory
agencies and health organizations namely, FDA i.e. Food and Drug
Administration, American Dietetic Association, American Heart
Association, and United Nations Food and Agriculture Organization.
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Due
to constant and heavy complaints from the customers about the use of
aspartame in the Pepsi products, initially the company with the
strategic intent of gaining customers’ trust, changed their
production process by adopting Splenda instead of aspartame. But
later due to customers demand for the change, it is launched back in
the process in 2016.
Although
the aspartame faced severe controversies about its side effects, the
regulatory agencies supported the use of Aspartame in the food and
other related markets. It is the largely consumed sweetening agent
which is anticipated to be driven majorly by the food and beverage
industry. The factors driving the Aspartame market includes
substitute of sugar to reduce the calories without affecting taste of
the food, increasing demand for sucralose, high shelf life and
sweetening power, and taste enhancement property. With the support of
all the above factors, the main driver for the consumption of the
aspartame agent is the authorized permission from major health and
regulatory organization favoring the growth aspartame market.
The
popularity of the aspartame
market attracts the attention of health-conscious customers
and organizations regarding its side effects on the human health.
Aspartame is avoided by the Phenylketonuria i.e. metabolism disorder
patients as it doesn’t get excreted in the same form upon
ingestion. The factors such as differences in the market regarding
the use of aspartame in the food, increasing awareness about such
artificial agents over the health, the stability of the aspartame
affect the aspartame market. The market also gets back roped due to
an availability of natural substitutes as a sweetening agents namely
honey, maple syrup, fruit juices and molasses.
Under
the different brand names, aspartame is present in supermarkets,
departmental stores, convenience stores and others.
Aspartame
market is segmented geographically into seven regions namely North
America, Eastern Europe, Latin America, Western Europe, Asia-Pacific
excluding Japan, Japan and the Middle East and Africa. North America
accounts for a significant share in terms of consumption of the
aspartame market as aspartame is used in beverages such as milk,
drinks, tea, soft drinks based on the rigorous rules and regulations
of the regional regulatory body. Moreover, Australia and New Zealand
regulatory agencies has permitted the use of intense sweetener in the
varied food range at the specified levels, thereby leading to the
high growth in Asia Pacific during the forecast period. North
America and Asia Pacific are expected to create significant
opportunities for the players operating in the global aspartame
market. Overall, the outlook for the global aspartame market is
projected to witness positive growth due to the growth in food and
beverage industry during the forecast period.
The
players contributing to the market share in the aspartame market
includes following prominent players
Ajinomoto
Group, NutraSweet Company, Niutang Chemical Ltd., HYET Sweet,
Merisant, Cargill Incorporated, Hermes Sweetener Ltd., Ingredion
Incorporated, Vitasweet, Foodchem International Corporation, Shaoxing
Marina Biotechnology Co., Ltd. (Yamei aspartame) Daesang, Changmao
Biochemical Engineering and others.
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