Aspartame Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

  • To Be Published : Jul 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

The global aspartame market size is likely to witness potential gains in the near future, and grow at a CAGR of 4.9% over the forecast period (2019 - 2027).

Market Overview

Aspartame is an artificial, low-calorie sweetener that has major application as a food additive. It is used in various food products and beverages such as breakfast cereals, soft drinks, chewing gum, as well as in the preparation of desserts. It is also used as a table top sweetener in cafes and restaurants. Aspartame is obtained by bonding two protein constituents, amino acids aspartic acid and phenylalanine, to create a dipeptide, which is then esterified with methanol. Research has found Aspartame to be 150 to 200 times sweeter than table sugar (sucrose), which means that the amount of aspartame required for inducing a sweetness is significantly less. Due to the fact that the caloric intake of Aspartame is almost negligible, it can be used as a substitute for sugar.

Market Dynamics

The U.S. Food and Drug Administration (FDA) has approved Aspartame as safe for human consumption, and has described it as the agency's most rigorously tested food additive. In countries like the U.S., aspartame has primary application in carbonated drinks, as well as in pharmaceutical preparations, chewing gum, and fruit based drinks. Its growing application in end use industries is expected to drive the growth of the global aspartame market in the near future. Furthermore, rising health awareness among the populace is another reason for the market to witness a positive growth during the forecast period. Rising prevalence of diabetes and obesity is projected to encourage users to look for alternatives to sugar. An increase in demand for low calorie drinks and foodstuffs is driving growth of the food and beverage industry, as well as other end use industries such as the packaged food sector. This, in turn, is expected to propel demand for sugar substitutes such as aspartame.

However, factors such as a low shelf life owing to decreased stability at higher temperatures, may hamper the growth of the aspartame market. Moreover, changing customer preferences, new product innovations, and increasing presence of competing products such as sucralose, which has a longer shelf life compared to aspartame, can restrain the demand for aspartame over the forecast period.

Market Outlook

Asia Pacific, owing to swiftly expanding consumer base and industrialization, is expected to dominate the global aspartame market. Rapid urbanization, rising population, and increasing disposable income in countries such as India and China, is projected to benefit the market in terms of consumer demand for aspartame. North America is estimated to contribute a significant market share owing to growing health awareness, and increasing consumption of food and beverage products such as tea, soft drinks, and milk which use aspartame as a healthy alternative for sugar. Moreover, strict rules and regulations by regulatory bodies in the region will also play an important role in driving demand for aspartame in North America.

Key Players

Some of the prominent players in the global aspartame market are Taj Pharmaceuticals Ltd., The Nutrasweet Company (Monsanto), Sinoway International (Jiangsu) Co., Ltd., Niutang Chemical Ltd., and the Holland Sweetener Company.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
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Data Processing

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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