Major players in the global food and beverage industry are apprehensively waiting for the World Health Organization's (WHO) impending declaration of aspartame as a possible carcinogen. This widely-used artificial sweetener is a key ingredient in numerous diet drinks, yogurt drinks, and sugar-free gums.
The Korea Times reported that in South Korea, officials said on Sunday, June 2, that the International Agency for Research on Cancer (IARC), which is operating under WHO, is set to classify the said sweetener as "possibly carcinogenic to humans."
It was mentioned that aspartame is one of the most popular substitutes to sweeten foods and beverages without adding sugar. It is commonly used in Diet Coke, Diet Snapple, yogurt drinks, chewing gums, and makgeolli in South Korea.
Moreover, in the local market, Pepsi Zero, which Lotte Chilsung Beverage is distributing, also has aspartame as an ingredient. The company has been importing this soda drink directly from PepsiCo's main office in New York and only bottles them in Korea.
"Aspartame has been used by F&B companies around the world for a long time. It is not an issue of an individual company but rather that of the whole related industry, globally. We are currently discussing the matter with the Ministry of Food and Drug Safety (MFDS) and will wait to see what they have to say," an official at Lotte Chilsung Beverage said in a statement.
If aspartame is classified as a carcinogen, Lotte will suffer great economic damage since sales of Pepsi Zero is likely to drop with the news. Fortune reported that WHO is set to officially announce the results of its evaluations starting on July 14.
Finally, WHO initially said that there is still limited evidence that links aspartame to cancer, and it is the lowest of three categories which are "probable carcinogen" and "carcinogenic to humans."
Photo by: Alexander Grey/Unsplash


Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
OpenAI Explores Massive Funding Round at $750 Billion Valuation
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 



