The U.S. Artificial Sweeteners Market is expected to grow with a CAGR of 3.8% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below:
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The U.S. artificial sweeteners market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in the U.S. artificial sweeteners market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In September 2020, ADM expanded global nutrition capabilities with an advanced flavour production facility in Pinghu, China. It has helped the company increase its production capacity in terms of nutritional products
ADM is the leading market player with the highest market share in the U.S. artificial sweeteners market. The other key market players are Roquette Frères, Foodchem International Corporation, Sweeteners Plus, LLC, JK Sucralose Inc., Viachem, UNITEDCHEM, Garuda International, Inc., Ingredion, Celanese Corporation, MP BIOMEDICALS, Heartland Food Products Group, Tate & Lyle, Kyung-In Synthetic Corporation, and Ajinomoto Co., Inc. among others.
ADM
ADM is headquartered in Illinois, U.S., and has public ownership. It was founded in 1902.
The company is engaged in food processing and commodities for different industrial applications. The company has various business segments such as AG services and oilseeds, carbohydrate solutions, nutrition, and others, out of which the market-focused segment is nutrition. The company has product categories which are industries, innovation, and services, out of which industries are the market-focused category.
- In October 2021, ADM announced that they had agreed to form a joint venture to serve the growing Chinese demand for human probiotics. It has helped the company strengthen its position in the Asia-Pacific region
The company has a wide global presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa. The company has subsidiaries such as Wild (Germany); ADM Hamburg AG (Germany); Neovia (U.S.); American River Transportation Company (U.S.); Archer Daniels Midland Singapore Pte Ltd. (Singapore), among others.
Celanese Corporation
Celanese Corporation is headquartered in Texas, U.S., and it was founded in 1912 as public ownership. The company is engaged in manufacturing a wide variety of products essential to everyday living. The company has several business segments such as engineered materials, acetate tow, acetyl chain, out of which engineered materials is the market-focused segment. The company offers a wide range of product categories such as intermediate chemistry, cellulose derivatives, emulsion polymers, EVA polymers, food ingredients, and engineered materials under which food ingredients are the market-focused category.
- In September 2020, Celanese Corporation confirmed a declaration of force majeure in China for their acetyl chain products manufactured at its Nanjing, China facility. It has helped the company to strengthen its position in the Asia-Pacific region
The company has a presence in North America, South America, Europe, Asia-Pacific, Middle East and Africa. The company has several subsidiaries such as Tacoma (U.S.); Trinova (Germany); Tacoma GmbH (Germany); Group Celanese, S. de R.L. de C.V. (Mexico); Celanese EVA Performance Polymers Inc. (U.S.), among others.
Ajinomoto Co., Inc.
Ajinomoto Co., Inc. is headquartered in Tokyo, Japan, as public ownership it was founded in 1907. The company produces seasonings, interlayer insulating materials for semiconductor packages for use in personal computers, cooking oils, frozen foods, beverages, sweeteners, amino acids, and pharmaceuticals. The company has several business segments such as frozen foods, healthcare and others, out of which frozen foods are the market-focused segment. The company has product categories including Feed-Grade Amino Acids, Food-Grade Amino Acids, Pharma-Grade Amino Acids, Aspartame, Stock and Broth Concentrates, Monosodium Glutamate (MSG), out of which Aspartame is the market-focused category.
- In October 2020, Ajinomoto Animal Nutrition and Ajinomoto Health & Nutrition merged as an affiliated company. It has further enabled the company to strengthen its position in the animal nutrition market
The company has a wide global presence in the Americas, Europe, Asia-Pacific, Middle East and Africa. The company has subsidiaries such as Ajinomoto AGF (Japan); Ajinomoto Malaysia Bhd (Malaysia); Ajinomoto India Private Limited (India); Ajinomoto Bio-Pharma Services (U.S.), among others.
