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Global Thaumatin Market Growth 2019-2024
SKU ID : LPI-13802023 | Publishing Date : 31-Jan-2019 | No. of pages : 132
This report studies the thaumatin market, thaumatin is a low-calorie sweetener and flavour modifier. The protein is often used primarily for its flavour-modifying properties and not exclusively as a sweetener.
The thaumatins were first found as a mixture of proteins isolated from the katemfe fruit (Thaumatococcus daniellii Bennett) of West Africa. Some proteins in the thaumatin family of sweeteners are roughly 2000 times more potent than sugar. Although very sweet, thaumatin's taste is markedly different from sugar. The sweetness of thaumatin builds very slowly. Perception lasts a long time, leaving a liquorice-like aftertaste at high usage levels. Thaumatin is highly water-soluble, stable to heating, and stable under acidic conditions.
Firstly, as being the most intense natural sweetener thaumatin has the extraordinary property of enhancing the taste of lower quantities of salt and sugar in food products - so there is no loss of tastiness. Due to its characteristics, it is popular in the developed districts such as USA, Europe and Oceania.
Secondly, compared to synthetic sweeteners which have many side effects to humans’ health, sweeteners extracted from nature plants is beneficial to humans and is considered to replace the synthetic sweeteners. So thaumatin extracted from thaumatococcus daniellii bennett is becoming popular in the world. The production increases to 169.07 MT in 2016 from 138.47 MT in 2012.
Thirdly, Europe is the main manufacturing region, much larger than other districts. In 2016, the production is 137.42 MT, which take 81.28% of the global production. USA and Oceania are the other two main manufacturing districts.
According to this study, over the next five years the Thaumatin market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Thaumatin business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Thaumatin market by product type, application, key manufacturers and key regions and countries.
This study considers the Thaumatin value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Pharmarceutical Grade
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food
Beverage
Pharmaceutical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Naturex
Beneo Palatinit GmbH
Natex
KF Specialty Ingredients
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Thaumatin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Thaumatin market by identifying its various subsegments.
Focuses on the key global Thaumatin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Thaumatin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Thaumatin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The thaumatins were first found as a mixture of proteins isolated from the katemfe fruit (Thaumatococcus daniellii Bennett) of West Africa. Some proteins in the thaumatin family of sweeteners are roughly 2000 times more potent than sugar. Although very sweet, thaumatin's taste is markedly different from sugar. The sweetness of thaumatin builds very slowly. Perception lasts a long time, leaving a liquorice-like aftertaste at high usage levels. Thaumatin is highly water-soluble, stable to heating, and stable under acidic conditions.
Firstly, as being the most intense natural sweetener thaumatin has the extraordinary property of enhancing the taste of lower quantities of salt and sugar in food products - so there is no loss of tastiness. Due to its characteristics, it is popular in the developed districts such as USA, Europe and Oceania.
Secondly, compared to synthetic sweeteners which have many side effects to humans’ health, sweeteners extracted from nature plants is beneficial to humans and is considered to replace the synthetic sweeteners. So thaumatin extracted from thaumatococcus daniellii bennett is becoming popular in the world. The production increases to 169.07 MT in 2016 from 138.47 MT in 2012.
Thirdly, Europe is the main manufacturing region, much larger than other districts. In 2016, the production is 137.42 MT, which take 81.28% of the global production. USA and Oceania are the other two main manufacturing districts.
According to this study, over the next five years the Thaumatin market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Thaumatin business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Thaumatin market by product type, application, key manufacturers and key regions and countries.
This study considers the Thaumatin value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Pharmarceutical Grade
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food
Beverage
Pharmaceutical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Naturex
Beneo Palatinit GmbH
Natex
KF Specialty Ingredients
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Thaumatin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Thaumatin market by identifying its various subsegments.
Focuses on the key global Thaumatin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Thaumatin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Thaumatin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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