Acesulfame-K Market is expected to rise with a single digit growth rate of 5.6% in the forecast period.
The demand for the variety of food and ingredients has increased significantly in recent years. The increasing concern of people towards their health has led to the adoption of alternative food and ingredients that can enhance their health. One such product that is being used by people is acesulfame-K.
The acesulfame-K is an artificial sweetener that is used by people as an alternative to sugar in order to lose weight. The acesulfame-K is sweeter than sugar and stimulates the taste buds of the person after consumption. The product is listed under many names on the products such as acesulfame potassium, Ace-K or E950. These products act as a sugar substitute and do not contain any calorie.
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The acesulfame-K is a highly stable product with an ability to withstand high temperature and other conditions. This helps the product to increase its shelf life thereby increasing its adoption by consumers as a sugar alternative. The acesulfame-K is also a useful product for diabetic patient thereby resulting in high applications diabetic diets. Such factors are driving the growth of the acesulfame-K market.
Vendors in the acesulfame-K market are focusing on altering the ingredients used to manufacture acesulfame-K in order to reduce significant health side effects. Since the product is now, FDA approved, therefore, the vendors are focusing on entering into untapped markets to gain an edge in the market.
Acesulfame-K Market: Drivers and Restraints
The acesulfame-K has a sweet taste with quick perceptibility and does not provide a bitter after taste when compared to other sweeteners. The acesulfame-K are tooth friendly and does not create any dental problems. The acesulfame-K also helps in low consumption of calories by replacing other sweeteners since it is not metabolized. Such factors are driving the growth of the acesulfame-K market. The acesulfame-K has a feature of remaining stable in at high temperature thereby resisting itself to break down even at temperatures above 200ºC. It also provides synergistic sweetening effect on combining it with other sweeteners. Such factors are furthermore driving the consumption of acesulfame-K in the market.
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The use of acesulfame-K may cause various side effects such as a disruption of the metabolic process resulting in interference in body weight and other functioning. Sometimes, the regular consumption of acesulfame-K may also lead to cancer. It may also cause a disturbance in the functioning of pregnant women.
Such factors are hampering the growth of acesulfame-K in the market. The consumption of acesulfame-K many have effects on blood sugar levels and secretion of insulin. Researches have also found that acesulfame-K can increase the cell absorption level of sugar from the gut. Such factors are furthermore restraining the growth of acesulfame-K in the market.
Acesulfame-K Market: Segmentation
The Acesulfame-K market can be categorized on the basis of application and function. On the basis of application in the Acesulfame-K market, the demand for Acesulfame-K is expected to rise in food and beverage industry since it is widely used in a range of food products such as dairy products, confectionery, and others. On the basis of function, the online retailers’ segment is expected to have high growth in the market due to increase traction of consumers towards e-commerce purchase.
Acesulfame-K market can be segmented on the basis of applications:
- Food & Beverage
- Oral Hygiene
Acesulfame-K market can be segmented on the basis of sales channel:
- Online Retailers
- Departmental Stores
- Drug & Pharmacies Stores
Acesulfame-K Market: Competitive Landscape
Examples of some of the key players operating in the Acesulfame-K market are Nutrinova, Inc., Sinofi Food Ingredients, TCI AMERICA, HYET Sweet, Viachem, Ltd., Celanese Corporation, Apura Ingredients, PepsiCo, Inc., The Coca Cola Company, and A.B Enterprises.
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