The global market for acesulfame potassium has been expanding at a robust rate on account of an increasing demand for food and beverages with lesser calories. Acesulfame is widely used as an artificial sweetener in food and drinks as it has several advantages over normal sugar; the most common advantage being the low-calorie content in acesulfame. Acesulfame potassium, also referred to as acesulfame K, is blended with other sweeteners such as aspartame and sucralose to sweeten a range of low-calories foods and beverages. The use of acesulfame with these sweeteners ensures that the bitter tang that follows due to the use of acesulfame is mellowed down. A report by TMR Research titled “Acesulfame Potassium Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2028” paints a scenario to understand the key dynamics operating in the global market in recent times.
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Several key industries viz. pharmaceuticals, food and beverages, cosmetics, and baking use acesulfame as an ingredient in various products. This has led to an increased demand within the global acesulfame potassium market and has created growth spaces for market vendors. Furthermore, the propensity of the masses to consume healthier foods and stay wary of their total calorie intake has also created tremendous room for growth within the global acesulfame market. Food supplements and nutritional products extensively use acesulfame as a sweetening agent, thus, propelling demand within the global market. Based on geography, the demand for acesulfame is projected to be the highest across North America in the years to come.
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Some of the key players in the global acesulfame potassium market are Suzhou Hope Technology Co. Ltd., Changzhou Niutang Chemical Plant Co. Ltd., and Anhui Jinhe Industrial Co. Ltd.