Thaumatin Market Growing at 5.0% CAGR Will Hit 250 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/29/2019 --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.
The global Thaumatin market was 170 million US$ in 2018 and is expected to 250 million US$ by the end of 2025, growing at a CAGR of 5.0% between 2019 and 2025.
This report studies the Thaumatin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Thaumatin in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Beneo Palatinit GmbH
KF Specialty Ingredients
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Key Regions split in this report:
Central & South America
Middle East & Africa
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