Acesulfame Potassium Price Trend

Acesulfame Potassium Prices December 2023

The price of acesulfame potassium in North America for Q4 2023 faced various challenges. The market in the region faced economic uncertainty, such as recession and inflation. In spite of this, there was a moderate to high supply level with plenty of stock. However, a lack of transactions and a reluctance to place new orders resulted in a fall in regional inquiries. This impacted the price of acesulfame potassium in the US, reaching 4985 USD/MT.

The price of acesulfame potassium in China reached 4735 USD/MT in Q4 2023. In the acesulfame potassium market, oversupply prevailed, due to heightened production in preceding months, leading to price decreases. Additionally, market instability ensued from factors like heightened energy costs and holidays in November and December. These factors caused delays in production and trading, prompting merchants to stockpile acesulfame potassium inventories.

In Germany, the price of acesulfame potassium reached 5045 USD/MT due to soaring energy expenses exacerbated market challenges, elevating prices. Additionally, fluctuating exchange rates, particularly with exporting currencies of nations strengthening against the USD, hiked costs of imported materials, contributing to price declines. Despite ample acesulfame potassium supply, domestic market inquiries predominantly drove transactions.

Acesulfame Potassium Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Acesulfame Potassium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of acesulfame potassium pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of acesulfame potassium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of acesulfame potassium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing acesulfame potassium price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Acesulfame Potassium Market Analysis

The global acesulfame potassium market size reached US$ 248.7 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 406.2 Million, at a projected CAGR of 5.60% during 2023-2032.

• Acesulfame potassium is mostly used in the food and beverage (F&B) industry as a sweetener in a variety of goods. It is also employed in the creation of low-calorie and sugar-free products, including soft drinks, fruit juices, ice creams, jellies, and chewing gums. Many people are opting for processed and ready-to-eat (RTE) food products, which is driving the demand for acesulfame potassium. On the basis of the data provided by IMARC group, the RTE market will reach US$ 262.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.18% during 2024-2032.
• Acesulfame potassium is also used in baked goods due to its exceptional heat stability. This allows for the creation of sweetened products without the caloric content of sugar.
• It is also utilized in dairy products like yogurts owing to its compatibility with other sweeteners. According to American Dairy Association, yogurt has several nutritional advantages, including the presence of 9 vital nutrients like zinc, selenium, iodine, calcium, protein, phosphorus, riboflavin, vitamin B12.
• In the pharmaceutical sector, acesulfame potassium is employed as a sweetening agent in medications and oral hygiene products. It plays a vital role in making chewable tablets, liquid medicines, and toothpaste more palatable, especially for children or individuals with sensitivity to bitter tastes.
• Acesulfame potassium is also used in medical formulations to mask the bitter taste of active pharmaceutical ingredients, improving patient compliance with therapeutic regimens. The growing geriatric population, which is more prone to age-related ailments, is driving the demand for pharmaceuticals containing acesulfame potassium. Moreover, the World Health Organization (WHO) estimates that by 2030, 1 out of every 6 individuals globally will be aged 60 or older, with the population in this age group rising from 1 billion in 2020 to 1.4 billion. By 2050, this demographic is projected to double to 2.1 billion, with the number of those aged 80 or older expected to triple to 426 million during the same period.
• Acesulfame potassium finds application in the sports nutrition sector, especially in the creation of energy drinks and bars, protein powders, and meal replacement products. IMARC Group predicts that the nutritional bar market will reach US$ 1.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
• It provides a sweet alternative that does not increase sugar content or calorie overload to athletes and fitness enthusiasts seeking low-calorie, sugar-free supplementing solutions. It also promotes weight control and performance development without compromising taste.

Acesulfame Potassium News

The report covers the latest developments, updates, and trends impacting the global acesulfame potassium market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in acesulfame potassium production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the acesulfame potassium price trend.

Latest developments in the acesulfame potassium industry:

• In July 2021: Coca-Cola Zero Sugar announced a new recipe and packaging in the US, promising an enhanced taste resembling classic Coke. Retaining zero calories and sugar, the reformulation aims to bring the taste closer to Coca-Cola, utilizing aspartame and acesulfame potassium.
• In April 2021: Dr Pepper introduced Dr Pepper Zero Sugar, offering the iconic blend of 23 flavors in a sugar-free soda available in original, cherry, and cream soda variants, which is sweetened with aspartame and acesulfame potassium.

Product Description

Acesulfame potassium is a calorie-free sweetener, approximately 200 times sweeter than sucrose or table sugar. It can be used in smaller quantities to achieve the desired sweetness. It is manufactured by combining acetoacetic acid and its derivatives with potassium. It is renowned for its superior stability under high temperatures and pH levels, making it suitable for various culinary items.

Acesulfame potassium is not digested by the body and has no effect on blood sugar levels, which is especially crucial for individuals managing diabetes or who maintain their sugar intake. Its primary use is to lower the calorie content of food and beverages while maintaining sweetness, which helps in the production of numerous low-calorie and diet products.

Acesulfame potassium is also combined with other sweeteners to lower the possibility of a bitter aftertaste. It is used in various products, such as soft drinks, chewing gums, jelly, and baked goods.

Regional Coverage

The report provides a detailed analysis of the acesulfame potassium market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the acesulfame potassium price trend.

Global Acesulfame Potassium Price

The report offers a holistic view of the global acesulfame potassium pricing trends in the form of acesulfame potassium price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of acesulfame potassium but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed acesulfame potassium demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Acesulfame Potassium Price

In the fourth quarter of 2023, the acesulfame potassium market in Europe saw a promising start but ended with a decline in December. The substantial price increase was driven by heightened utilization of artificial sweeteners during winter, particularly in processed foods and beverages. This increased demand led to higher prices for acesulfame potassium by October 2023. Additionally, rising raw material costs prompted merchants to raise their quotes from exporting countries to maintain sufficient stock levels in their warehouses due to continuous buying activity.

This analysis can be extended to include detailed acesulfame potassium price information for a comprehensive list of countries.

North America Acesulfame Potassium Price

In Q4 2023, the North American market for acesulfame potassium encountered difficulties. Prices first climbed due to the increasing demand in the beverage and confectionery sectors, particularly during the holiday season and winter. As a result of their inability to fulfill demand, supply declined, and prices increased. Bulk orders were also responsible for putting additional burden on the system. Prices fell as mid-quarter four drew near due to a fall in regional market activity and a downturn in worldwide demand.

Specific acesulfame potassium historical data within the United States and Canada can also be provided.

Middle East and Africa Acesulfame Potassium Price

The report explores the acesulfame potassium pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on acesulfame potassium prices for countries can also be provided.

Asia Pacific Acesulfame Potassium Price

In the fourth quarter of 2023, the APAC acesulfame potassium was influenced by several factors affecting prices and market conditions. Demand remained low due to a weak global economy and reduced international inquiries, leading to downward price pressure. The rise in popularity of alternative sweeteners like sucralose and stevia further decreased demand for acesulfame potassium. Market transactions were subdued, with buyers prioritizing immediate needs. However, prices remained relatively stable compared to the previous fourth quarter.

This acesulfame potassium price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Acesulfame Potassium Price

The analysis of acesulfame potassium prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of acesulfame potassium pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting acesulfame potassium price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The acesulfame potassium price charts ensure our clients remain at the forefront of the industry.