Aspartame raw material prices rise and market size continues to expand

In order to regulate the development of the aspartame industry, my country has issued the national standard for food additives GB2760-2014, which stipulates its application scope and dosage. According to the standard, aspartame can be used in a total of 41 types of foods, including gum-based candies, preserves, desserts, yogurt, flavored drinks, frozen drinks, bread, prepared aquatic products, and canned aquatic products. And with the improvement of aspartame production technology, testing standards and other standards, the domestic aspartame industry has gradually entered a standardized development. Coupled with media publicity and science popularization, aspartame’s awareness among ordinary consumers has been improved. , its market demand is increasing rapidly.

Aspartame was produced earlier and the industry’s production technology is relatively mature. As the production cost of its main raw material L-phenylalanine continues to decrease and the production capacity of L-aspartate increases, my country’s aspartame production enterprises have successively expanded production. scale, product quality and international competitiveness have all improved. According to the “2022-2027 Aspartame Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, Since 2021, aspartame production capacity has reached 26,000 tons, and the output of domestic companies accounts for 73% of the global scale.

At present, my country’s aspartame production enterprises are mainly concentrated in East China, Northwest China and other regions. Among them, the production enterprises in East China are relatively dense, mainly including Jiangsu Hanguang Sweetener Co., Ltd., Changzhou Guanghui Food Biotechnology Co., Ltd., Nantong Changhai Enterprises such as Food Additive Co., Ltd. and Jiangsu Vitol Co., Ltd. account for 70% of the domestic production capacity. The northwest region is represented by Xinjiang Suyuan Bioengineering Co., Ltd., and the production of aspartame in this region is lower than that in East China.

Industrial researchers believe that aspartame, as a commonly used sugar substitute and sweetener in food processing and other industries, has many subdivisions. , the demand is large and the market size is relatively large. The market supply of its main raw materials such as L-phenylalanine and L-aspartic acid has fluctuated, and the production cost has shown an increasing trend. In addition, the domestic environmental protection regulations have tightened, which has adversely affected product production, and its product prices will increase. rise. However, due to the immature production processes of other sweeteners, aspartame will still be used in food processing and other industries in the future, so its market size will show a growth trend driven by the increase in raw material processing.