The Latin America, Middle East and Africa Aspartame Market would witness market growth of 5.4% CAGR during the forecast period (2023-2029).
The food and beverage industry has undergone a constant change to meet customer demands. Businesses for packaged food and convenience meals have grown significantly due to consumers' preference for ready-to-eat (RTE) food that is also competitively priced. Furthermore, there has been considerable expansion in the food manufacturing sector, which is projected to boost consumer demand for processed food and positively influence the market on a worldwide scale.
As the demand for sugar alternatives and other forms of artificial sweeteners continues to rise, it is anticipated that the market will expand. As a result, people are becoming more interested in finding alternatives to sugar. In addition, several businesses use aspartame as an ingredient in their baked goods, beverages, candies, dairy products, sauces, dressings, condiments, and other foods. In addition, aspartame is utilized in the pharmaceutical industry to either cover up or improve the taste of the product.
Hotels in the UAE, especially in Dubai, are eager to spruce up their establishments by adding a large degree of designer flare to distinguish themselves from other hospitality providers. Due to the high volume of tourists, the number of businesses that provide services to tourists and the services sector is constantly growing. The rise in the hospitality sector has further increased the demand for exotic and healthier foods and beverages, including those with aspartame. In the LAMEA region, these elements will promote the expansion of the market.
The Brazil market dominated the LAMEA Aspartame Market by Country in 2022; thereby, achieving a market value of $7.7 Million by 2029. The Argentina market is showcasing a CAGR of 6% during (2023 - 2029). Additionally, The UAE market would register a CAGR of 5.2% during (2023 - 2029).
Based on Product Form, the market is segmented into Powder and Granular. Based on End User, the market is segmented into Food & Beverages, Pharmaceuticals and Table-Top Sweeteners. Based on Food & Beverages Type, the market is segmented into Beverages, Bakery & Confectionery, Dietary and Dairy. Based on Sales Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Aspartame Market is Projected to reach USD 476.4 Million by 2029, at a CAGR of 3.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Ingredion Incorporated, Changmao Biochemical Engineering Company Limited, Whole Earth Brands, Inc., Foodchem International Corporation, Taj Pharmaceuticals Limited, Global Calcium Pvt. Ltd., Geleriya Products, Nantong Changbai Food Additive Co. Ltd (Guangye L&P Ingredient Co group), Prakash Chemicals Agencies Pvt. Ltd, and Hermes Sweeteners Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product Form
By End User
- Food & Beverages
- Beverages
- Bakery & Confectionery
- Dietary
- Dairy
- Pharmaceuticals
- Table-Top Sweetener
By Sales Channel
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Ingredion Incorporated
- Changmao Biochemical Engineering Company Limited
- Whole Earth Brands, Inc.
- Foodchem International Corporation
- Taj Pharmaceuticals Limited
- Global Calcium Pvt. Ltd.
- Geleriya Products
- Nantong Changbai Food Additive Co. Ltd (Guangye L&P Ingredient Co group)
- Prakash Chemicals Agencies Pvt. Ltd
- Hermes Sweeteners Ltd.
TABLE 1 LAMEA Aspartame Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Aspartame Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 4 LAMEA Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 5 LAMEA Powder Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Powder Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Granular Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Granular Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 10 LAMEA Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 11 LAMEA Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Food & Beverages Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 14 LAMEA Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 15 LAMEA Beverages Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Beverages Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Bakery & Confectionery Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Bakery & Confectionery Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Dietary Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Dietary Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Dairy Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Dairy Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Pharmaceuticals Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Table Top Sweeteners Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Table Top Sweeteners Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 28 LAMEA Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 29 LAMEA Offline Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Offline Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA Online Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Online Market by Country, 2023 - 2029, USD Million
TABLE 33 LAMEA Aspartame Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Aspartame Market by Country, 2023 - 2029, USD Million
TABLE 35 Brazil Aspartame Market, 2019 - 2022, USD Million
TABLE 36 Brazil Aspartame Market, 2023 - 2029, USD Million
TABLE 37 Brazil Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 38 Brazil Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 39 Brazil Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 40 Brazil Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 41 Brazil Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 42 Brazil Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 43 Brazil Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 44 Brazil Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 45 Argentina Aspartame Market, 2019 - 2022, USD Million
TABLE 46 Argentina Aspartame Market, 2023 - 2029, USD Million
TABLE 47 Argentina Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 48 Argentina Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 49 Argentina Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 50 Argentina Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 51 Argentina Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 52 Argentina Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 53 Argentina Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 54 Argentina Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 55 UAE Aspartame Market, 2019 - 2022, USD Million
TABLE 56 UAE Aspartame Market, 2023 - 2029, USD Million
TABLE 57 UAE Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 58 UAE Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 59 UAE Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 60 UAE Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 61 UAE Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 62 UAE Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 63 UAE Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 64 UAE Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 65 Saudi Arabia Aspartame Market, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Aspartame Market, 2023 - 2029, USD Million
TABLE 67 Saudi Arabia Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 69 Saudi Arabia Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 71 Saudi Arabia Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 72 Saudi Arabia Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 73 Saudi Arabia Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 75 South Africa Aspartame Market, 2019 - 2022, USD Million
TABLE 76 South Africa Aspartame Market, 2023 - 2029, USD Million
TABLE 77 South Africa Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 78 South Africa Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 79 South Africa Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 80 South Africa Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 81 South Africa Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 82 South Africa Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 83 South Africa Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 84 South Africa Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 85 Nigeria Aspartame Market, 2019 - 2022, USD Million
TABLE 86 Nigeria Aspartame Market, 2023 - 2029, USD Million
TABLE 87 Nigeria Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 88 Nigeria Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 89 Nigeria Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 90 Nigeria Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 91 Nigeria Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 92 Nigeria Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 93 Nigeria Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 94 Nigeria Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 95 Rest of LAMEA Aspartame Market, 2019 - 2022, USD Million
TABLE 96 Rest of LAMEA Aspartame Market, 2023 - 2029, USD Million
TABLE 97 Rest of LAMEA Aspartame Market by Product Form, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA Aspartame Market by Product Form, 2023 - 2029, USD Million
TABLE 99 Rest of LAMEA Aspartame Market by End User, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA Aspartame Market by End User, 2023 - 2029, USD Million
TABLE 101 Rest of LAMEA Aspartame Market by Food & Beverages Type, 2019 - 2022, USD Million
TABLE 102 Rest of LAMEA Aspartame Market by Food & Beverages Type, 2023 - 2029, USD Million
TABLE 103 Rest of LAMEA Aspartame Market by Sales Channel, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA Aspartame Market by Sales Channel, 2023 - 2029, USD Million
TABLE 105 Key Information – Ingredion Incorporated
TABLE 106 Key Information – Changmao Biochemical Engineering Company Limited
TABLE 107 Key Information – Whole Earth Brands, Inc.
TABLE 108 Key information – Foodchem International Corporation
TABLE 109 Key Information – Taj Pharmaceuticals Limited
TABLE 110 Key Information – Global Calcium Pvt. Ltd.
TABLE 111 Key Information – GELERIYA PRODUCTS
TABLE 112 Key Information – Nantong Changhai Food Additive Co. Ltd.
TABLE 113 Key Information – Prakash Chemicals Agencies Pvt. Ltd
TABLE 114 Key Information – Hermes Sweeteners Ltd.
List of Figures
FIG 1 Methodology for the research