Aspartame Market by Raw Material (Aspartic Acid, Phenylalanine), Type (Food Grade Aspartame, Pharmaceutical Grade Aspartame), Product, Distribution Channel, Application, End-Use - Global Forecast 2024-2030
The Aspartame Market size was estimated at USD 8.44 billion in 2023 and expected to reach USD 9.16 billion in 2024, at a CAGR 8.99% to reach USD 15.43 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Aspartame Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aspartame Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Aspartame Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Barentz International BV, BOC Sciences, Cargill, Incorporated, Changmao Biochemical Engineerinng Company Limited, Changzhou Guanghui Food Technology Co., Ltd., Daesang Corporation, Foodchem International Corporation, Hermes Sweeteners Ltd., Ingredion Incorporated, Nantong changhai food additive Co., ltd., NutraSweetM Co., Taj Pharmaceuticals Limited, Vitol Group, and Whole Earth Brands, Inc..
Market Segmentation & Coverage
This research report categorizes the Aspartame Market to forecast the revenues and analyze trends in each of the following sub-markets:
Raw Material
Aspartic Acid
Food Grade Aspartame
Granules
Convenience Stores
Beverages
Agriculture
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Aspartame Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aspartame Market?
- What are the technology trends and regulatory frameworks in the Aspartame Market?
- What is the market share of the leading vendors in the Aspartame Market?
- Which modes and strategic moves are suitable for entering the Aspartame Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Aspartame Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising consumer inclination towards low-calorie sweeteners
- 5.1.1.2. Increasing risk of obesity and diabetes among the population
- 5.1.1.3. High demand for aspartame for the production of beverages and dairy products
- 5.1.2. Restraints
- 5.1.2.1. Adverse effects of prolonged high temperatures on aspartame
- 5.1.3. Opportunities
- 5.1.3.1. Rising approval from regulatory authorities for aspartame
- 5.1.3.2. Advancements in aspartame production technologies
- 5.1.4. Challenges
- 5.1.4.1. Issues concerning excessive aspartame consumption
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Aspartame Market, by Raw Material
- 6.1. Introduction
- 6.2. Aspartic Acid
- 6.3. Phenylalanine
- 7. Aspartame Market, by Type
- 7.1. Introduction
- 7.2. Food Grade Aspartame
- 7.3. Pharmaceutical Grade Aspartame
- 8. Aspartame Market, by Product
- 8.1. Introduction
- 8.2. Granules
- 8.3. Powder
- 9. Aspartame Market, by Distribution Channel
- 9.1. Introduction
- 9.2. Convenience Stores
- 9.3. Departmental Stores
- 9.4. Supermarkets
- 10. Aspartame Market, by Application
- 10.1. Introduction
- 10.2. Beverages
- 10.3. Confectionery Assorts
- 10.4. Dairy Products
- 10.5. Medicine & Nutritional Products
- 10.6. Seasonings
- 11. Aspartame Market, by End-Use
- 11.1. Introduction
- 11.2. Agriculture
- 11.3. Cosmetics
- 11.4. Food & Beverages
- 11.5. Healthcare
- 12. Americas Aspartame Market
- 12.1. Introduction
- 12.2. Argentina
- 12.3. Brazil
- 12.4. Canada
- 12.5. Mexico
- 12.6. United States
- 13. Asia-Pacific Aspartame Market
- 13.1. Introduction
- 13.2. Australia
- 13.3. China
- 13.4. India
- 13.5. Indonesia
- 13.6. Japan
- 13.7. Malaysia
- 13.8. Philippines
- 13.9. Singapore
- 13.10. South Korea
- 13.11. Taiwan
- 13.12. Thailand
- 13.13. Vietnam
- 14. Europe, Middle East & Africa Aspartame Market
- 14.1. Introduction
- 14.2. Denmark
- 14.3. Egypt
- 14.4. Finland
- 14.5. France
- 14.6. Germany
- 14.7. Israel
- 14.8. Italy
- 14.9. Netherlands
- 14.10. Nigeria
- 14.11. Norway
- 14.12. Poland
- 14.13. Qatar
- 14.14. Russia
- 14.15. Saudi Arabia
- 14.16. South Africa
- 14.17. Spain
- 14.18. Sweden
- 14.19. Switzerland
- 14.20. Turkey
- 14.21. United Arab Emirates
- 14.22. United Kingdom
- 15. Competitive Landscape
- 15.1. FPNV Positioning Matrix
- 15.2. Market Share Analysis, By Key Player
- 15.3. Competitive Scenario Analysis, By Key Player
- 16. Competitive Portfolio
- 16.1. Key Company Profiles
- 16.1.1. Ajinomoto Co., Inc.
- 16.1.2. Barentz International BV
- 16.1.3. BOC Sciences
- 16.1.4. Cargill, Incorporated
- 16.1.5. Changmao Biochemical Engineerinng Company Limited
- 16.1.6. Changzhou Guanghui Food Technology Co., Ltd.
- 16.1.7. Daesang Corporation
- 16.1.8. Foodchem International Corporation
- 16.1.9. Hermes Sweeteners Ltd.
- 16.1.10. Ingredion Incorporated
- 16.1.11. Nantong changhai food additive Co., ltd.
- 16.1.12. NutraSweetM Co.
- 16.1.13. Taj Pharmaceuticals Limited
- 16.1.14. Vitol Group
- 16.1.15. Whole Earth Brands, Inc.
- 16.2. Key Product Portfolio
- 17. Appendix
- 17.1. Discussion Guide
- 17.2. License & Pricing
- FIGURE 1. ASPARTAME MARKET RESEARCH PROCESS
- FIGURE 2. ASPARTAME MARKET SIZE, 2023 VS 2030
- FIGURE 3. ASPARTAME MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. ASPARTAME MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. ASPARTAME MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. ASPARTAME MARKET DYNAMICS
- FIGURE 7. ASPARTAME MARKET SIZE, BY RAW MATERIAL, 2023 VS 2030 (%)
- FIGURE 8. ASPARTAME MARKET SIZE, BY RAW MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. ASPARTAME MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 10. ASPARTAME MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. ASPARTAME MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 12. ASPARTAME MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. ASPARTAME MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
- FIGURE 14. ASPARTAME MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ASPARTAME MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 16. ASPARTAME MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASPARTAME MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
- FIGURE 18. ASPARTAME MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. AMERICAS ASPARTAME MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. AMERICAS ASPARTAME MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. UNITED STATES ASPARTAME MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 22. UNITED STATES ASPARTAME MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. ASIA-PACIFIC ASPARTAME MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. ASIA-PACIFIC ASPARTAME MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. EUROPE, MIDDLE EAST & AFRICA ASPARTAME MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 26. EUROPE, MIDDLE EAST & AFRICA ASPARTAME MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 27. ASPARTAME MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 28. ASPARTAME MARKET SHARE, BY KEY PLAYER, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook