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Aspartame is a low-calorie artificial sweetener with the chemical name N-α-L-Aspartyl-L-phenylalanine 1-methyl ester and the chemical formula C14H18N2O5. It appears as a white powder at room temperature and is approximately 180 to 220 times sweeter than sucrose. Aspartame is commonly used as a sugar substitute in various food and beverage products due to its low caloric content and high sweetness.